Transportation restrictions and stringent government policies are causing a downturn in the growth scale of the Arterial Stents market amidst the COVID-19 (Coronavirus) lockdown period. Hence, analysts at Market Research Reports Search Engine (MRRSE) have collated a research study that provides an in-depth outlook on Coronavirus and how the novel virus can leave long-term effects in trade practices post lockdown period in the Arterial Stents market.
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The report on the global Arterial Stents market published by MRRSE provides a clear understanding of the flight of the Arterial Stents market over the forecast period (20XX-20XX). The study introspects the various factors that are tipped to influence the growth of the Arterial Stents market in the upcoming years. The current trends, growth opportunities, restraints, and major challenges faced by market players in the Arterial Stents market are analyzed in the report.
The study reveals that the global Arterial Stents market is projected to reach a market value of ~US$XX by the end of 20XX and grow at a CAGR of ~XX% during the assessment period. Further, a qualitative and quantitative analysis of the Arterial Stents market based on data collected from various credible sources in the market value chain is included in the report along with relevant tables, graphs, and figures.
Key Takeaways of the Report:
- Marketing and promotional strategies adopted by prominent market players
- Historic, current, and projected valuation of the Arterial Stents market
- Overview of the regulatory framework governing the different aspects of the Arterial Stents market
- Recent advancements in the Arterial Stents market landscape
- In-depth analysis of the different segments of the Arterial Stents market
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Arterial Stents Market Segmentation
The presented study throws light on the current and future prospects of the Arterial Stents market in various geographies such as:
The report highlights the product adoption pattern of various products in the Arterial Stents market and provides intricate insights such as the consumption volume, supply-demand ratio, and pricing models of the following products:
Based on the product type, the global arterial stents market is segmented into coronary stents and peripheral stents. The coronary stents are further classified into bare metal stents, bioresorbable stents, drug-eluting stents and others. The others segment is comprised of dual therapy stents, covered stents. The peripheral stents segment is further divided into self-expanding stents, balloon-expanding stents, and others (Drug-eluting stents, covered stents etc.). In 2016, coronary stents accounted for a highest market share. Drug-eluting stents sub-segment generated highest revenue in 2016, which is owing to the development and incorporation of anti-restenotic agents for drug-eluting stents, aimed at preventing the incidence of re-stenosis. The peripheral stents segment is anticipated to witness maximum CAGR by 2025, due to the high flexibility of self-expanding peripheral stents and usage of Co–Cr material in their design to impart radial strength. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
Different types of applications in the arterial stents market are coronary artery, carotid artery, iliac artery, femoral & popliteal artery, and others. The coronary artery segment dominated the market in terms of market share in 2016, and is expected to continue to lead the global market during forecast period. However, femoral & popliteal artery segment is likely to expand with relatively significant CAGR during 2017-2025, due to rising number of PCI procedures on femoral artery, as it is considered to be the most safe and accessible artery for stenting.
Geographically, the global arterial stents has been categorized into five major regions and the key countries in the respective region: North America (U.S. and Canada), Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, GCC Countries, Israel, and Rest of Middle East & Africa).
Global Arterial Stents Market: Competitive Landscape
The report also profiles major players in the global arterial stents based on various attributes such as company overview, financial overview, product portfolio, business strategies, SWOT analysis, and recent developments. Major players profiled in this report include Abbott Vascular (Abbott Laboratories), Cordis Corporation (A Cardinal Health Company), Boston Scientific Corporation, C. R. Bard, Inc. (BARD Peripheral Vascular), Medtronic, Gore Medical, Cook Medical, Biosensors International Group, Ltd., Lifetech Scientific, and BIOTRONIK AG.
Global Arterial Stents Market has been segmented as given below:
Global Arterial Stents Market, by Product,
- Coronary Stents
- Bare Metal Stents
- Drug-eluting Stents
- Bioresorbable Stents
- Peripheral Stents
- Self-expandable Stents
- Balloon-expandable Stents
Global Arterial Stents Market, by Application,
- Coronary Artery
- Carotid Artery
- Iliac Artery
- Femoral & Popliteal Artery
Global Arterial Stents Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
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The report addresses the following doubts related to the Arterial Stents market:
- Which company in the Arterial Stents market is leading in terms of innovation?
- The demand from which end-user is expected to drive the growth of the Arterial Stents market?
- What are the growth opportunities for market players in the developing regions?
- What are the various distribution channels adopted by market players in the Arterial Stents market?
- How are emerging market players establishing their presence in the current market landscape?