Pune, India -- (SBWIRE) -- 04/19/2018 -- North America stents market accounted to USD xxx billion in 2016 growing at a CAGR of xxx during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Competitive Analysis :
North America stents market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stents-market for Global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Rising geriatric population
- Increase in prevalence of chronic diseases
- Technological advancements in stents
- High costs for stent based treatments
- Stringent approval process for stents
Rise in incidence of heart diseases such as Heart attack and adoption of stents is driving the growth of the stents market. Other factors such as advanced technological development and rise of aging population also fuel the market growth.
Frequently Asked Questions?
- What will the market size be in 2024?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global stents market?
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Top Competitors of Market:
- Abbott,
- Braun Melsungen AG,
- Biotronik SE & Co. KG,
- Boston Scientific Corporation,
- R. Bard, Inc.,
- Elixir Medical Corporation,
- Medtronic ,
- Microport Scientific Corporation,
- Stentys S.A.,
- Terumo Corporation,
- Cook Medical,
- Biosensors International Group, Ltd.,
- Hexacath,
- Vascular Concepts
Market Segmentation:
By stent type, the stents market is segmented into coronary, and peripheral. On the basis product type, the coronary stents segment is further sub-segmented into drug-eluting, bare-metal coronary, bioabsorbable. On the basis product type, the peripheral stents segment is further sub-segmented into iliac, femoral-popliteal, renal, carotid.
On the basis stent-related,
- ynthetic grafts,
- vena cavafilters
By end user,
- Hospital,
- Cardiac centers and others
On the basis of geography,
- North America & South America,
- Europe,
- Asia-Pacific,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Geographical Segmentation:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
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