Coronary stent market is anticipated to grow at a CAGR of around 6.9% during the forecast period. A coronary stent is a mesh-like small elastic tube made up of metal such as cobalt alloy or stainless steel that acts as support. Stents are attached to small balloons and opened inside the artery to support the vessel wall and reinstate blood flow. Stenting is relatively more comfortable for patients in comparison to coronary artery bypass heart surgery as it does not involve any major incision.
Some of the key factors driving the growth of the global coronary stent market include the rise in the global health care expenditure, growing diabetic population coupled with the increased consumption of alcohol, increase in hypertension, and ageing population. However, pricing pressure, regulatory issues for product approval and complications associated with implantation of stents, product failure and availability of alternative treatment options for coronary artery disease will be restraining the growth of the market.
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Coronary Stent Market Segmentation
By Mode of Delivery
- Balloon-Expandable Stents
- Self-Expanding Stents
By Type
- Bare-Metal Stents
- Drug-Eluting Stents
- Bioabsorbable Stents
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Andramed GmbH
- Braun Melsungen AG
- Boston Scientific Corp.
- Biosensors International Group, Ltd.
- Becton, Dickinson, and Co.
- BIOTRONIK SE & Co. KG
- Endocor GmbH
- Fortimedix B.V.
- Hexacath
- Inspire Md Inc.
- Kyoto Medical Planning
- Meril Life Sciences Pvt. Ltd.
- Microport Scientific Corp.
- Medtronic PLC
- OrbusNeich Medical Co., Ltd.
- Terumo Corp.
- Translumina GmbH
- Vascular Concepts Ltd.
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