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Stents: Technologies and Global Markets

  • January 2015
  • 138 pages
  • BCC Research
Report ID: 2584392

Summary

Table of Contents

This BCC Research study measures, forecasts and segments the global stents market by type of stent devices and products market (based on application areas). Market estimation for the forecast period 2014 through 2019.

Use this report to:
- Receive a comprehensive analysis of stent devices and products by application area and segment.
- Identify the dynamics of each key market and their relevant business impact.
- Receive market forecasts of stent devices and products by their respective segments and regions.
- Receive regional analysis of all segments of the product markets.

Highlights
- The global stents market totaled $7.9 billion in 2013 and 8.1 $billion in 2014. The market is expected to grow to roughly $10.6 billion in 2019, with a compound annual growth rate (CAGR) of 5.7%.
- The North American market reached $3.1 billion in 2013 and $3.1 billion in 2014. This market is expected to grow to about $4.4 billion in 2019, with a CAGR of 6.9%.
- The European market reached $2.2 billion in 2013 and about $2.3 billion in 2014. This market is expected to grow to $3.1 billion in 2019, with a CAGR of 6.8%.

INTRODUCTION
This study measures, forecasts and segments the global stents market by type of stent devices and products market (based on application areas). The market is also
segmented by vascular and nonvascular stents. The market segments in the study are categorized as:
- Stent devices.
- Bare-metal stents.
- Drug-eluting stents.
- Bioresorbable/fully bioabsorbable stents
- Others (plastic, covered, etc.)
These market segments are segmented by coronary and non-coronary stents.
- Stent products market.
- By vascular and nonvascular stents: Both segmented by coronary and non-coronary stents.
- By coronary and non-coronary stents: Both segmented by stent device type.
Non-coronary stents are further classified as:
- Vascular stents.
- Peripheral lower extremity stents: iliac and others (femoropopliteal, infrapopliteal).
- Renal artery stents.
- Carotid stents.
- Nonvascular stents.
- Ureteral.
- Gastrointestinal (colorectal, esophageal, duodenal).
- Bile duct/pancreatic.
- Tracheobronchial/pulmonary.

The report also provides a regional analysis of all segments of the product markets.

The key geographic regions include:
- North America.
- Europe.
- Asia.
- Rest of the world (ROW).

STUDY GOALS AND OBJECTIVES
The goal of this study is to provide industry participants insights into the global vascular and non-vascular, and coronary and non-coronary stents markets, both in terms of quantitative and qualitative data, to help develop business/growth strategies, assess the market landscape, analyze their position in the current marketplace, and make informed business decisions regarding stent devices. In particular, the study’s objectives include the following:

- Provide a comprehensive analysis of stent devices and products by application area and segment.
- Identify the dynamics of each key market and their relevant business impact.
- Provide market forecasting of stent devices and products by their respective segments and regions.
- Report and analyze key market developments.
- Highlight and analyze market trends, drivers and restraints.
- Provide key recommendations.
- Analyze key regions listed above.
- Analyze the market’s competitive scenarios.

REASONS FOR DOING THE STUDY
The prevalence of coronary and non-coronary diseases is increasing, especially given the rise in the global aging population. The burden of disease is creating immense
pressure on the health care environment, demanding efficiency, product and technology innovation, and different treatment options to meet the growing challenges.
Stents are a solution to several coronary and non-coronary diseases to decrease disease morbidity as well as mortality rates depending on the type of stents used and
their related risks. The stents market has recently witnessed several innovations and developments, particularly with bioabsorbable stents, that is expected to affect the
stents market.

Stents are primarily used in cardiovascular diseases, which account for the largest number of deaths in developed nations. Moreover, the emergence of new types of
stents is known to have a positive effect on reducing the adverse events associated with percutaneous transluminal coronary angioplasty (PTCA). Some of the factors
contributing to the growth in the stents market include an increasing trend in performing minimally invasive procedures, a rise in the number of cardiovascular and
peripheral diseases, and the emergence of new products with proven clinical efficiency and efficacy. However, the availability of alternative treatments coupled with a rise in
research and development for those treatments are some factors limiting or challenging market growth. In addition, the stents market is currently facing turbulence
due to a decline in some key markets combined with promising growth in other sectors.

The market is also experiencing continuous price erosion in some product segments. This report discusses issues that are driving and constraining market growth as well as
possible solutions to address such concerns. The report also highlights key market strategies, trends and recommendations, as well as provides a quantitative assessment of the market to help manufacturers and suppliers understand the growth potential of different market segments.

SCOPE OF REPORT
The report includes only those devices and products listed above and segments the global products market by the four regions discussed. The scope of the report includes
the following:
- Key market analysis.
- Strategic recommendations.
- Market dynamics (drivers and restraints).
- Market estimation for the forecasted period 2014 through 2019.
- Competitive developments and landscape.
- Regional analysis.
- Profiles of key market players.
- Patents.

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