Market Overview:
The global self-expanding surgical stents market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in stent design and development, and rising demand for minimally invasive surgeries. Based on type, the global self-expanding surgical stents market is segmented into metal stents, standard polymer stents, and biodegradable polymer stents. Metal stents are further classified into bare metal stents (BMS) and drug eluting metallic (DEM) or bioabsorbable metallic (BAM)stents. Standard polymer Stent are further classified as balloon expandable plastic coronary artery bypass grafts (CABG), while biodegradable polymers are further classified as absorbable vascular scaffolds or tissue engineering products used for repairing damaged blood vessels. By application, the global self-expanding surgical Stent market is segmented into hospitals, clinics ambulatory surgery centers,, and others). Geographically,,the global self- expanding surgical Stent markets is segmented into North America,, Latin America,, Europe Asia Pacific ,and Middle East & Africa ).
Product Definition:
A self-expanding surgical stent is a medical device that is inserted into an artery to keep it open. The stent is made of metal and expands when it comes in contact with body heat. This prevents the artery from closing up and allows blood to flow through freely.
Metal Stents:
Metal stents are used in various medical procedures and are mostly employed in the treatment of blocked orifices, such as the urinary tract, biliary system or gastrointestinal tract. Metal stents can be made of a wide range of metals including stainless steel, titanium alloy and nickel on account of their different properties which include biocompatibility, corrosion resistance & flexibility.
Standard Polymer Stents:
A standard polymer stent is a device that is used to support the expansion of an artery or blood vessel. It consists of a metal frame that holds the fabric filaments together and provides support for expansion. The size and shape of the stent can be customized based on patient need by using different sized expandable sections, which are connected by flexible connectors at both ends.
Application Insights:
Based on the application, the global self-expanding surgical stents market is segmented into hospital, clinics and ambulatory centers, and others. The others segment includes research institutes, home healthcare settings, and hospitals at a distance from cities. Increasing demand for minimally invasive surgeries coupled with rising geriatric population prone to cardiovascular diseases is expected to drive growth in this segment over the forecast period.
The hospital application segment accounted for more than 60% of overall revenue share in 2017 owing to increasing prevalence of chronic diseases such as diabetes mellitus type 2 along with an aging population that requires regular checkups and surgeries. Moreover, growing investments by governments in building modern medical facilities will also boost industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of local players and well-established healthcare infrastructure. Moreover, increasing incidence of target diseases such as Pulmonary Embolism (PE) and Deep Vein Thrombosis (DVT) is also expected to drive regional growth. The U.S held a major share in North American regional market due to its well-developed healthcare sector, which has led it to be at the forefront of medical innovations across the globe.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing with rising geriatric population base that requires advanced surgical interventions for treatment; growing awareness about early diagnosis; and improving economic conditions that lead patients & their families from underdeveloped countries including India & China prefer better treatment options at home rather than traveling abroad for medical reasons thus driving demand for self-expanding stents over this period.
Growth Factors:
- Increasing incidence of cardiovascular diseases: The increasing incidence of cardiovascular diseases is the major growth driver for the self-expanding surgical stents market. According to the World Health Organization, an estimated 17.5 million people died from CVDs in 2015, accounting for 31% of all global deaths. This number is projected to increase to 23 million by 2030.
- Rising geriatric population: The rising geriatric population is another key growth driver for the self-expanding surgical stents market as this population is more prone to developing CVDs than younger individuals owing to various physiological changes associated with aging such as arteriosclerosis and atherosclerosis that can lead to narrowing or blockage of arteries supplying blood flow to the heart muscle (myocardium).
- Technological advancements: Technological advancements are leading to innovative products being launched in the self-expanding surgical stents market, thereby driving its growth. For instance, Boston Scientific Corporation has recently launched a new product called “Promus PREMIER” which is a drug-eluting coronary stent system that features an abluminal biodegradable polymer coating designed specifically for treating complex lesions in small vessels (< 3 mm). This product launch will help drive demand for self-expanding surgical stents in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-Expanding Surgical Stents Market Research Report
By Type
Metal Stents, Standard Polymer Stents, Biodegradable Polymer Stents
By Application
Hospital, Clinics, Ambulatory Surgical Centers, Others
By Companies
Abbott, Medtronic, Boston Scientific, Stryker, STI Laser Industries, ELLA-CS, Laserage Technology, amg International GmbH, Meril, Elixir Medical, B. Braun Melsungen, Amaranth Medical, Arterial Remodeling Technologies, Angiocare
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Self-Expanding Surgical Stents Market Report Segments:
The global Self-Expanding Surgical Stents market is segmented on the basis of:
Types
Metal Stents, Standard Polymer Stents, Biodegradable Polymer Stents
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, Clinics, Ambulatory Surgical Centers, Others
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:
- Abbott
- Medtronic
- Boston Scientific
- Stryker
- STI Laser Industries
- ELLA-CS
- Laserage Technology
- amg International GmbH
- Meril
- Elixir Medical
- B. Braun Melsungen
- Amaranth Medical
- Arterial Remodeling Technologies
- Angiocare
Highlights of The Self-Expanding Surgical Stents 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:
- Metal Stents
- Standard Polymer Stents
- Biodegradable Polymer Stents
- By Application:
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Others
- 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 Self-Expanding Surgical Stents 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?
Self-expanding surgical stents are a type of medical device that expand when they are placed in an artery. This helps to keep the artery open and prevent blockages from forming.
Some of the major players in the self-expanding surgical stents market are Abbott, Medtronic, Boston Scientific, Stryker, STI Laser Industries, ELLA-CS, Laserage Technology, amg International GmbH, Meril, Elixir Medical, B. Braun Melsungen, Amaranth Medical, Arterial Remodeling Technologies, Angiocare.
The self-expanding surgical stents market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-Expanding Surgical Stents 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 Self-Expanding Surgical Stents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-Expanding Surgical Stents 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 Self-Expanding Surgical Stents 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 Self-Expanding Surgical Stents Market Size & Forecast, 2020-2028
4.5.1 Self-Expanding Surgical Stents Market Size and Y-o-Y Growth
4.5.2 Self-Expanding Surgical Stents Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Metal Stents
5.2.2 Standard Polymer Stents
5.2.3 Biodegradable Polymer Stents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-Expanding Surgical Stents 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 Self-Expanding Surgical Stents 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Metal Stents
9.6.2 Standard Polymer Stents
9.6.3 Biodegradable Polymer Stents
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Metal Stents
10.6.2 Standard Polymer Stents
10.6.3 Biodegradable Polymer Stents
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Metal Stents
11.6.2 Standard Polymer Stents
11.6.3 Biodegradable Polymer Stents
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Metal Stents
12.6.2 Standard Polymer Stents
12.6.3 Biodegradable Polymer Stents
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Metal Stents
13.6.2 Standard Polymer Stents
13.6.3 Biodegradable Polymer Stents
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 Others
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 Self-Expanding Surgical Stents Market: Competitive Dashboard
14.2 Global Self-Expanding Surgical Stents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Medtronic
14.3.3 Boston Scientific
14.3.4 Stryker
14.3.5 STI Laser Industries
14.3.6 ELLA-CS
14.3.7 Laserage Technology
14.3.8 amg International GmbH
14.3.9 Meril
14.3.10 Elixir Medical
14.3.11 B. Braun Melsungen
14.3.12 Amaranth Medical
14.3.13 Arterial Remodeling Technologies
14.3.14 Angiocare
