United States stent market are
anticipated to show a robust growth in the upcoming five years, 2022-2026. The
market growth can be attributed to raid technological advancement in the healthcare
sector of the country that is leading to high level of accuracy and extended
reliability as the major factors driving the growth of the United States stent
market in the upcoming years, Moreover, surge in the demand of the minimally or
non-invasive medical equipment for the diagnostic, surgical and as implants is
rapidly multiplying in the recent years. This surging demand can also be
considered as one of the major factors that drive the growth of the market in
the next five years. Also, rising number of the coronary heart disease patients
in the country that require stent as the part of surgical instrument for the
treatment of blocked passageway is boosting the growth of the United States
stent market in the next coming five years.
A stent is a medically utilized, small,
metallic or plastic pipe that is inserted surgically by the expert cardiac
surgeons into a blocked passageway to keep it open. In the cases where the
blood clots inside the vascular system of the human body, the clots are often formed
due to various reasons. To reopen the valve or the blockage, a small stent in
inserted that clears the blockage and holds the gap at the position for the easier
and consistent flow of the blood. The blockage can be due to clotting of blood
or from cholesterol and other substance plaque.
The United States stent market is
segmented on the basis of product type, material type, type, end user, regional
distribution, and competitional landscape. Based on product type, the market is
further sub-segmented into vascular stents and non-vascular stents. Vascular
stents are the coronary stents that are made of hollow mesh which permanently
supports the walls of the blood vessel and prevents it from closing or
rupturing again. Vascular stents are anticipated to hold the larger shares of
the market and assert its dominance over the market in the upcoming five years,
on the account of increasing cardiac surgeries and rising number of stent
insertion in the vascular valves. Non-vascular stents are very much similar to
vascular stents, but they are implanted in other than cardiac valves. Stents
that are inserted in the malignant and benign strictures from the
gastrointestinal, respiratory, and genitourinary systems are termed as
A partial list of market player in the
United States Stent market includes, Medtronic USA, Inc, Boston Scientific
Corporation, Becton, Dickinson, and Company, CONMED Corporation, Cook Medical,
Inc., Stryker Corporation, Cardinal Health, Inc., Abbott Laboratories, Inc., Terumo
Americas Holding, Inc., B. Braun Medical Inc., among others. These market
players hold larger and major shares of the market than the new market players.
With the advancement of the technology, it is appropriate to say that the
effective research and development of the technologically advanced medical
devices would support the market growth and benefit the market players as well
as the consumers. New market players may focus on the research and development
to provide devices that satisfies the consumer demand as well as benefits the
market players in building their brand value. Other competitive strategies
include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2016 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2026
Objective of the Study:
analyze the historical growth of the
market size of United States stent market from 2016 to 2019.
estimate and forecast the market size of United States stent market from
2020 to 2026 and growth rate until 2026.
- To classify and
forecast United States stent market based on product type, material type,
type, end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the United States stent market.
identify drivers and challenges for United States stent market.
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in United States stent market.
- To identify and analyze the profile
of leading players operating in United States stent market.
- To identify key sustainable strategies adopted by market players in
United States stent market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of United States stent market using a bottom-up approach, wherein data for various
end-user segments was recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
- Stent manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to stent
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
In this report, United States stent market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- United States Stent
Market, By Product Type:
- Vascular Stents
- Non-Vascular Stents
- United States Stent
Market, By Material Type:
- United States Stent Market, By Type:
o Balloon Expandable
- United States Stent Market, By End
- Hospitals & Clinics
- Ambulatory Care Centers
- United States Stent Market, By
- South West
- North East
analysis of the major companies present in United States stent market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
United States Stent Market
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- Detailed analysis and profiling of
additional market players (up to five).