Global Coronary Stent Market to Touch 7.6% Growth Rate and Projected to Reach $ 10.31 Billion by 2021

Coronary stent market reaches $10.31 Billion from $7.16 Billion, at a CAGR of 7.6% from 2016 to 2021, drug-eluting stents segment account for largest share While balloon expandable stents segment expected to grow at the highest CAGR led by North America during the forecast period

North America expected to dominate coronary stent market in 2016, with U.S. accounting for a major share of this regional market. Asia is expected to grow at highest CAGR during forecast period. Factors such as large population base, growing prevalence of cardiac diseases, rising adoption of advanced technologies, and low manufacturing costs in region are expected to drive market growth in Asia.

The coronary stent market is categorized on the basis of type, mode of delivery, material, end user, and region. Based on type, market is categorized into bare-metal stents, drug-eluting stents and bioabsorbable stents. Bioabsorbable stents segment is expected to grow at the highest CAGR during the forecast period. These stents help restore normal vasomotion, improve abnormal endothelial function, and lower risk of complications such as thrombosis and inflammation. Such advantages are driving high growth in the bioabsorbable stents market.

Complete report on Coronary Stent Market spread across 151 Pages, 13 Companies and Supported with 103 Tables and 49 Figures is now available at http://www.rnrmarketresearch.com/coronary-stent-market-by-type-bms-bvs-drug-eluting-mode-of-delivery-self-balloon-expandable-material-metal-stainless-steel-cocr-ptcr-nitinol-polymer-copolymer-end-user-hospital-cardiology-cent-ts-to-2021-market-report.html

The coronary stent market is expected to reach USD 10.31 Billion by 2021 from USD 7.16 Billion in 2016, at a CAGR of 7.6% from 2016 to 2021. Major factors driving growth of this market include technological advancements, increasing number of percutaneous coronary intervention (PCI) procedures, rising burden of CAD, increasing demand for minimally invasive procedures, & rising geriatric population. Moreover, development of bioresorbable vascular scaffold (BVS) & expansion in emerging markets provide significant growth opportunities in market provide significant growth opportunities in market.

Target Audience:

• Coronary Stent Manufacturers
• Healthcare Institutions (Hospitals, Cardiac Centers, and Surgical Centers)
• Coronary Stent Distributors and Suppliers
• Contract Manufacturing Organizations (CMOs)

Asia is the coronary stent market is projected to be fastest-growing region in during forecast period. High growth in this region can be attributed to factors like large population base, growing prevalence of cardiac diseases, rising adoption of advanced technologies, and low manufacturing costs in region. Moreover, growing focus of major players in this region is expected to boost the coronary stents market in Asia.

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The coronary stent market is dominated by North America, followed by Europe, Asia, and the Rest of the World. North America is expected to dominate market in 2016. Asia is expected to grow at a highest CAGR during the forecast period. Factors such as large population base, growing prevalence of cardiac diseases, rising adoption of advanced technologies, and low manufacturing costs in the region are expected to drive market growth in Asia.

Premium Insights :

1 Coronary Stent: Market Overview
2 Coronary Stent Market, By Type
3 Coronary Stent Market, By Mode of Delivery
4 Coronary Stent Market, By Material
5 Metallic Coronary Stent Market, By Type
6 Coronary Stent Market, By End User
7 Geographic Snapshot: Coronary Stent Market

Key players in the coronary stent market include Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore), BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), TERUMO CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), and Translumina GmbH (Germany).

Click now for more Details, Queries and Discount and Other Information on this study “Coronary Stent Market by Type (BMS, BVS, Drug Eluting), Mode of Delivery (Self, Balloon Expandable), Material (Metal (Stainless Steel, CoCr, PtCr, Nitinol), Polymer, Copolymer), & End User (Hospital, Cardiology Center, ASC) - Global Forecasts to 2021” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=915301

Major factors contributing to growth of coronary stent market include technological advancements, increasing number of percutaneous coronary intervention (PCI) procedures, rising burden of CAD, increasing demand for minimally invasive procedures, and rising geriatric population. Moreover, development of bioresorbable vascular scaffold (BVS) and expansion in emerging markets provide significant growth opportunities in market provide significant growth opportunities in market.

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Release ID: 205417