Market Overview:
The global drainage stent market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in drainage stents. Based on type, the global drainage stent market is segmented into metal and plastic drainage stents. The metal drainage stent segment is expected to dominate the market during the forecast period owing to its properties such as strength and durability. Based on application, the global drainage stent market is segmented into hospital and clinic settings. The hospital setting segment dominates the overall market due to increase in number of surgeries performed in hospitals globally. Geographically, North America dominates the global Drainage Stent Market followed by Europe due To high prevalence rate of chronic diseases such as obesity & diabetes mellitus In these regions .
Product Definition:
A drainage stent is a medical device that is inserted into an anatomic structure to keep the lumen open and allow for drainage of fluid.
Mental:
Mental, also called cerebral, is a medical device used to drain fluid from the brain. It's an alternative to traditional methods such as drilling holes in the skull or using electrodes to stimulate the brain and create electrical signals that are then sent to pumps in the body. Mental devices are non-invasive and painless; they help stimulate blood flow without any surgery or external probes.
The global drainage stent market size was valued at USD 648 million in 2016.
Plastic:
Plastic is a widely used material in the healthcare industry. It is durable, versatile and lightweight. It can be molded into various shapes and sizes which makes it very useful for medical purposes. Some of the commonly used plastic products are PE, PVC, HDPE & LDPE and silicone rubber among others.
Application Insights:
Based on the application, the global drainage stent market is segmented into hospital and clinic. The hospital segment dominated the overall market in terms of revenue in 2017. This is attributed to a large patient base with various diseases that require surgery for proper treatment, as well as an increase in surgical procedures due to rising incidences of cancer and heart diseases across the globe. According to WHO, around 1-2% of population dies from cancer every year while another 2-3% suffers from non-fatal injuries caused by this disease. Thus, increasing number of fatal and non-fatal cases owing to cancer drives demand for surgeries which leads to an increase in usage rate of drains during surgeries which consequently increases revenue generation capacity for hospitals category thus leading it towards dominance over other segments over the forecast period.
Regional Analysis:
North America dominated the global drainage stent market in 2017. The growth can be attributed to various factors such as increasing prevalence of heart diseases, presence of well-established healthcare facilities and availability of advanced products. In addition, growing awareness regarding minimally invasive surgeries is also expected to drive the demand for drainage stents in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population and incidence of cardiovascular diseases & hypertension among others which are driving the demand for medical devices including drainage stents.
Growth Factors:
- Increasing incidence of chronic diseases such as cancer, heart disease, and diabetes
- Growing geriatric population
- Rising demand for minimally invasive surgeries
- Technological advancements in drainage stents
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Drainage Stent Market Research Report
By Type
Mental, Plastic
By Application
Hospital, Clinic
By Companies
Boston Scientific, Cook Medical, Argon Medical Devices, Merit Medical Systems, Bard Biopsy, UreSil, Bioteq, TERUMO, MicroPort, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Drainage Stent Market Report Segments:
The global Drainage Stent market is segmented on the basis of:
Types
Mental, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Cook Medical
- Argon Medical Devices
- Merit Medical Systems
- Bard Biopsy
- UreSil
- Bioteq
- TERUMO
- MicroPort
- Boston Scientific
Highlights of The Drainage Stent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mental
- Plastic
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drainage Stent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A drainage stent is a medical device that is inserted into the large vein in your leg to help prevent blood from clotting and to allow the flow of blood.
Some of the major companies in the drainage stent market are Boston Scientific, Cook Medical, Argon Medical Devices, Merit Medical Systems, Bard Biopsy, UreSil, Bioteq, TERUMO, MicroPort, Boston Scientific.
The drainage stent market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drainage Stent Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Drainage Stent Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Drainage Stent Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Drainage Stent Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Drainage Stent Market Size & Forecast, 2018-2028 4.5.1 Drainage Stent Market Size and Y-o-Y Growth 4.5.2 Drainage Stent Market Absolute $ Opportunity
Chapter 5 Global Drainage Stent Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drainage Stent Market Size Forecast by Type
5.2.1 Mental
5.2.2 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drainage Stent Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drainage Stent Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drainage Stent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drainage Stent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drainage Stent Analysis and Forecast
9.1 Introduction
9.2 North America Drainage Stent Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drainage Stent Market Size Forecast by Type
9.6.1 Mental
9.6.2 Plastic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drainage Stent Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drainage Stent Analysis and Forecast
10.1 Introduction
10.2 Europe Drainage Stent Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drainage Stent Market Size Forecast by Type
10.6.1 Mental
10.6.2 Plastic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drainage Stent Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drainage Stent Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drainage Stent Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drainage Stent Market Size Forecast by Type
11.6.1 Mental
11.6.2 Plastic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drainage Stent Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drainage Stent Analysis and Forecast
12.1 Introduction
12.2 Latin America Drainage Stent Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drainage Stent Market Size Forecast by Type
12.6.1 Mental
12.6.2 Plastic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drainage Stent Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drainage Stent Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drainage Stent Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drainage Stent Market Size Forecast by Type
13.6.1 Mental
13.6.2 Plastic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drainage Stent Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drainage Stent Market: Competitive Dashboard
14.2 Global Drainage Stent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Cook Medical
14.3.3 Argon Medical Devices
14.3.4 Merit Medical Systems
14.3.5 Bard Biopsy
14.3.6 UreSil
14.3.7 Bioteq
14.3.8 TERUMO
14.3.9 MicroPort
14.3.10 Boston Scientific