Coronary Stents Market Analysis, Size, Growth, Share & Forecast to 2027 | Grand View Research Inc.
“Coronary Stent Market Size Worth $11.3 Billion By 2027 | CAGR: 4.7%”
The global coronary stents market size is expected to reach USD 11.3 billion by 2027, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Increasing adoption of minimally invasive surgeries and percutaneous coronary intervention (PIC) procedures is expected to drive the market for coronary stents in the coming years. Moreover, increasing geriatric population is considered as a high impact rendering driver for the growth of this industry over the forecast period. Technological advancement in 2nd generation drug eluting stents (DES) is further fueling the growth. Development of biodegradable and polymer free DES in order to increase patient compliance is expected to drive the market over the coming years. The coronary stent market is driven by reimbursement coverage provided by the general public Center for Medicare and Medicaid Services (CMS) and private payers. The coverage is availed under national coverage determination for carotid artery stenting, including products and service provider. From January 2020, Centers for Medicare & Medicaid Services (CMS) proposed reimbursement for some angioplasty and stenting procedures performed in ambulatory surgical center (ASC), which is expected to boost market revenue over the forecast period.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/coronary-stentsindustry Further key findings from the report suggest: In terms of revenue, the DES dominated the product segment as of 2019. New product launches and technological advancements in 2 nd gen DES are acting as the driving factor for this segment Prices for the first-generation BVS (Bioresorbable Vascular Scaffold) are much high as compared to existing BMS (Bare Metal Stent) and DES. Due to its safety concern and high hospitalization
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rates, doctors are not preferring BRS over DES. Moreover, high crossing profile and bulky struts are factors majorly impeding the BRS market
Asia Pacific is expected to exhibit the highest growth rate over the forecast period. Increase in disposable income and growing incidence of heart diseases will fuel market growth in the coming years
Some of the key companies present in the coronary stent market are Medtronic, Abbott, Boston Scientific, Terumo Corporation, Biotronik, and Microport Corporation
With USD 2.3 billion R&D expenditure in 2018, Abbott is anticipated to provide with technologically advanced second generation DES and may be BVS in near future.
Grand View Research has segmented the global coronary stent market on the basis of product and region: Coronary Stents Product Outlook (Revenue, USD Million, 2016 - 2027) Bare Metal Stents (BMS)
Drug Eluting Stents (DES) o
Biodegradable
o
Non-Biodegradable
Bioresorbable Vascular Scaffold (BVS)
Coronary Stents Regional Outlook (Revenue, USD Million, 2016 - 2027) North America
o
U.S.
o
Canada
Europe o
U.K.
o
Germany
o
France
o
Italy
o
Spain
Asia Pacific o
Japan
o
China
o
India
o
South Korea
o
Australia
Latin America
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
o
Brazil
o
Mexico
o
Argentina
Middle East & Africa o
South Africa
o
Saudi Arabia
o
UAE
Table of Contents Chapter 1 Research Methodology 1.1 Research Methodology 1.2 Information Procurement 1.2.1 Purchased Database: 1.2.2 GVR’s Internal Database 1.2.3 Secondary Sources 1.2.4 Primary Research: 1.2.5 Details Of Primary Research 1.3 Information or Data Analysis 1.3.1 Data Analysis Models 1.4 Market Formulation & Validation 1.5 Model Details 1.5.1 Commodity Workflow Analysis (Model 1) 1.6 List of Secondary Sources 1.7 List of Primary Sources 1.8 Abbreviations 1.9 Report Objectives Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Industry Outlook 3.1 Market Segmentation 3.2 Market Lineage Outlook 3.2.1 Parent Market Analysis
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3.2.2 Ancillary Market Analysis 3.3 Market Variable Analysis 3.3.1 Market Driver Analysis Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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