United States stent market are
anticipated to show a robust growth in the upcoming five years, 2023-2027. The
market growth can be attributed to rapid 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
non-vascular stents.
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.
Objective
of the Study:
- To analyze the historical
growth of the market size of United States stent market from 2017 to 2020.
- To estimate and forecast the market size of United
States stent market from 2021 to 2027 and growth rate until 2027.
- 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.
- To identify drivers and challenges for United
States stent market.
- To 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.
Key
Target Audience:
- 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.
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Attribute
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Details
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Base Year
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2021
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Historical Years
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2017 – 2020
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Estimated Year
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2022E
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Forecast Period
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2023F – 2027F
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments Covered
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·
Product Type
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Material Type
·
Type
·
End User
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Region Scope
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South-Region, West-Region, Mid-West Region & Northeast-Region
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Key Companies Profiled
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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.
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
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
o Self-Expandable
- United States Stent Market, By End
User:
- Hospitals & Clinics
- Ambulatory Care Centers
- Others
- United States Stent Market, By
Region:
- South West
- Mid-West
- North East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States stent market.
Available Customizations:
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:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United States Stent Market is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]