#Bioresorbable Vascular Scaffold Market Trends

[techninja]

Innovations in Bioresorbable Vascular Scaffolds: A Promising Horizon in Cardiac Care

Introduction

The field of interventional cardiology has witnessed remarkable advancements over the years, leading to improved treatment options for cardiovascular diseases. One of the most significant innovations is the development of bioresorbable vascular scaffolds (BVS), which have revolutionized the way we address coronary artery diseases. The BVS market has seen substantial growth and innovation, making it a focal point in the healthcare industry.

Understanding Bioresorbable Vascular Scaffolds

Bioresorbable vascular scaffolds are temporary implants designed to provide structural support to a diseased artery while gradually resorbing into the body over time. Unlike traditional metallic stents, BVS devices offer several advantages, including eliminating the need for permanent foreign material in the body, reducing the risk of late complications, and allowing vessels to return to their natural state.

Market Growth and Trends

The global bioresorbable vascular scaffold market has experienced remarkable growth in recent years. This can be attributed to various factors, including a rising prevalence of cardiovascular diseases, increasing patient awareness, and ongoing research and development efforts to enhance BVS technology.

1. Prevalence of Cardiovascular Diseases: Cardiovascular diseases remain the leading cause of death worldwide. As the global population continues to age, the incidence of coronary artery diseases is on the rise. BVS technology offers a promising solution, leading to increased adoption.

2. Advancements in Technology: Ongoing research and development efforts have led to the introduction of next-generation BVS devices that offer improved mechanical properties, biocompatibility, and resorption kinetics. These advancements have further fueled the market's growth.

3. Increasing Patient Awareness: Patients are becoming more informed about their treatment options, and many are seeking minimally invasive solutions. BVS, with its potential for reduced long-term risks, has gained popularity among patients and healthcare providers.

4. Regulatory Approvals: Regulatory agencies have been granting approvals for various BVS devices, expanding their accessibility to a broader patient population.

Challenges and Opportunities

While the bioresorbable vascular scaffold market has witnessed substantial growth, it also faces certain challenges.

1. Clinical Outcomes: Long-term clinical outcomes and real-world data are essential for establishing the safety and efficacy of BVS. Continued research is required to address any concerns and build confidence in the technology.

2. Cost and Reimbursement: BVS devices tend to be more expensive than traditional stents, and reimbursement policies vary by region. This can impact their widespread adoption.

3. Competition: The BVS market is becoming increasingly competitive, with various companies vying for market share. This competition is driving innovation but also poses challenges for new entrants.

4. Physician Training: Training healthcare professionals in the proper use of BVS devices is crucial to ensuring positive patient outcomes. Ensuring that physicians are well-versed in this technology remains an ongoing effort.

Future Prospects

The bioresorbable vascular scaffold market is poised for continued growth and innovation. The following developments are expected to shape its future:

1. Biodegradable Materials: Advancements in biodegradable materials will further enhance BVS technology, ensuring more predictable resorption and improved patient outcomes.

2. Personalized Medicine: Tailoring BVS treatment to individual patients based on their specific anatomical and physiological characteristics will become more common, optimizing results.

3. Global Expansion: As regulatory approvals become more widespread, BVS technology will become accessible to a larger global population, improving the treatment options for cardiovascular diseases.

Conclusion

The bioresorbable vascular scaffold market represents a significant step forward in the treatment of coronary artery diseases. With ongoing research, technological advancements, and increased patient awareness, this market is expected to continue its growth trajectory, offering better alternatives to traditional stenting. While challenges persist, the potential for improving patient outcomes and reducing long-term complications makes the BVS market a promising field in interventional cardiology.

[report-1]

Artificial Heart Stent Market Size, Type, segmentation, growth and forecast 2023-2030

Artificial Heart Stent Market

The Artificial Heart Stent Market is expected to grow from USD 1.90 Billion in 2022 to USD 3.70 Billion by 2030, at a CAGR of 8.80% during the forecast period.

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Artificial Heart Stent Market Size

An artificial heart stent is a medical device that is used in the treatment of heart diseases. The stent is essentially a mesh-like tube that is placed in a narrowed or blocked artery to keep it open, allowing blood to flow to the heart. The global artificial heart stent market is segmented based on type, application, and region. The types of stents include bare-metal stent, drug-eluting stent, and bioresorbable vascular scaffold. The applications of artificial heart stents are acute myocardial infarction, unstable angina, and angina pectoris. The market players in this industry include Medtronic, Boston Scientific, Biosensors, Terumo, MicroPort, Lepu Medical, B.Braun, Atrium Medical, SINOMED, LBC, Essen Technology, and others. The regulatory and legal factors specific to the market conditions include various regulations by the regulatory authorities, the increasing adoption of minimally invasive surgery procedures, and the growing prevalence of cardiovascular diseases. The key players are focusing on offering innovative products that comply with these regulations and offer better outcomes for the patients.

Artificial Heart Stent Market Key Player

Medtronic

Boston Scientific

Biosensors

Terumo

MicroPort

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Artificial Heart Stent Market Segment Analysis

The Artificial Heart Stent target market is a rapidly growing market with high potential for revenue growth. This market is primarily driven by the increasing prevalence of cardiovascular diseases, which is a major cause of death globally. According to the World Health Organization (WHO), cardiovascular diseases account for approximately 17.9 million deaths every year, making it the leading cause of deaths worldwide. Furthermore, the rising geriatric population and sedentary lifestyle also contribute to the growth of this market.

The latest trends in the Artificial Heart Stent market indicate a shift towards customization and personalized therapy. This trend is driven by the need for better patient outcomes and reducing the risk of complications. The increasing demand for minimally invasive procedures is also driving the growth of this market. As a result, companies are focusing on designing stents that are easy to implant and have better long-term outcomes. Additionally, the emergence of innovative technologies such as biodegradable stents and drug-eluting stents provide opportunities for the growth of this market.

However, the Artificial Heart Stent market also faces challenges such as the high cost of treatment and the stringent regulatory requirements for the approval of stents. This may hinder market growth, especially in developing countries where access to healthcare is limited. Furthermore, the lack of skilled healthcare professionals and the limited awareness about cardiovascular diseases in emerging economies may also pose challenges for market growth.

The primary findings of the report indicate that the Artificial Heart Stent market is expected to witness significant growth in the coming years. This growth can be attributed to the increasing prevalence of cardiovascular diseases, rising geriatric population, and the emergence of advanced technologies. The report also recommends that companies focus on developing cost-effective stents, improving their efficacy and safety, and expanding their presence in emerging markets to capitalize on the growth opportunities.

In conclusion, the Artificial Heart Stent market is a lucrative and growing market with high potential for revenue growth. The key drivers of growth are the increasing prevalence of cardiovascular diseases and the adoption of minimally invasive procedures. However, the market also faces challenges such as the high cost of treatment and stringent regulatory requirements. Innovative technologies and a focus on personalized therapy can provide growth opportunities for this market.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application):

Acute Myocardial Infarction

Unstable Angina

Angina Pectoris

Information is sourced from www.reportprime.com

[neha24blog]

Europe Bioresorbable Vascular Scaffold Market Trends Analysis Report By Application, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 24 Aug 2023: The Report Europe Bioresorbable Vascular Scaffold Market Size, Share & Trends Analysis Report By Application (Peripheral Artery, Coronary Artery), By End Use, By Region, And Segment Forecasts, 2022 – 2030 The Europe bioresorbable vascular scaffold market size is expected to reach a value of USD 103.45 million by 2030. The market is anticipated to expand at a CAGR of…

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Percutaneous Coronary Intervention Market Report Scope & Insights

Percutaneous Coronary Intervention Market Size to Reach at a Highest CAGR of 7.2% by 2028

Percutaneous Coronary Intervention Market, By Type (Balloon Angioplasty, Angioplasty With Stent, Laser Angioplasty, Rotational Atherectomy, CTO (Chronic Total Occlusions), Coronary Guidewires, Coronary Stents, Ptca Catheters, Embolic Protection Devices (EPDs)), Techniques (Advanced Imaging, Fractional Flow Reserve (FRR), Radial Artery Access), Disease (Angina, Myocardial Infraction (MI), Multivessel Coronary Artery Disease (CAD)), End User (Hospital, Cardiac Centers, Ambulatory Surgical Centers, Specialty Centers, Cath Labs, Others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The global percutaneous coronary intervention market is anticipated to reach USD 16.7 billion by 2020 growing at a CAGR of 7.2% during the forecasting period, 2020-2028. Percutaneous Coronary Intervention is a non-invasive procedure that is used for treating the narrowing arteries of the heart in coronary artery diseases including angina, acute myocardial infarction, and multivessel coronary artery disease (CAD). Factors such as rising risk factors associated with heart diseases such as obesity, smoking, and substance abuse, fatty foods, etc and rising geriatric and pediatric population are some of the major drivers for the market of percutaneous coronary intervention.

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Key Findings

The global percutaneous coronary intervention market is segmented into type, technique, disease, end-user, and geography.

The type segment is segmented into Balloon Angioplasty, Angioplasty with Stent, Laser Angioplasty, Rotational Atherectomy, CTO (Chronic Total Occlusions), Coronary Guidewires, Coronary Stents, PTCA Catheters, Embolic Protection Devices (EPDs). Balloon Angioplasty segment is further segmented into Aorta, Iliac Artery, Femoral Artery, Popliteal Artery, Tibial and Peroneal Arteries. Angioplasty with Stent is further segmented into Dual Therapy Stent, Bioresorbable Vascular Scaffold, Bio-Engineered Stent, Drug-Eluting Stent, and bare-metal stent. The Rotational Atherectomy segment is further segmented into Low-Speed Rotational Atherectomy, High-Speed Rotational Atherectomy. CTO (Chronic Total Occlusions) segment is further segmented into Retrograde Technique, Anterograde Technique with Wire Scaling, Anterograde Dissection, and Reentry Technique and Others.

Techniques are segmented into Advanced Imaging, Fractional Flow Reserve (FRR), and Radial Artery Access

The disease is segmented into Angina, Myocardial Infraction (MI), Multivessel Coronary Artery Disease (CAD). Angina is further segmented into Unstable Angina, Stable Angina. Myocardial Infraction is further segmented into Acute Non-ST Elevation Myocardial Infarction, Acute ST-Elevation Myocardial Infarction. Multivessel Coronary Artery Disease is further segmented into Obstructive Coronary Artery Disease and Spontaneous Coronary Artery Dissection (SCAD).

End-User is segmented into Hospital, Cardiac Centers, Ambulatory Surgical Centers, Specialty Centers, Cath Labs, and Others

Geographically, the global percutaneous coronary intervention market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.

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Regional Analysis

North America region is the largest contributor to the percutaneous coronary intervention market in the forecast period 2020-2028.

Competitive Landscape

Key players in global percutaneous coronary intervention market

Abbott,

Asahi Intecc Company Limited,

B. Braun Melsungen AG,

Biosensors International Group, Ltd.,

Biotronik,,

Boston Scientific Corporation,

C. R. Bard, Inc.,

Comed B.V.,

Cook,

Cordis,

Medtronic,

Merit Medical System,

Terumo Corporation,

Philips Healthcare

Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

In 2019, Abbott has announced to acquire Cephea Valve Technologies Inc., which is engaged in developing a minimally invasive mitral valve replacement system. 

In 2018, Medtronic has announced the launch of the first 2.0 mm Drug-Eluting Stent in the United States designed to treat patients with small vessels

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Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors

Gain authentic and granular data access for the percutaneous coronary intervention market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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The first Bioresorbable Vascular Scaffold designed to overcome the limitations of metallic drug-eluting stents

The Bioresorbable Vascular Scaffold (BVS), a non-metallic mesh tube, progressively dissolves once the blocked artery can function normally once more and remains open on its on, similar to a stent in that it is used to treat a restricted artery. BVS, which resembles a tiny mesh tube, is intended to assist in unblocking a heart artery and re-establishing blood flow to the heart muscle. Once the artery can remain open on its own, BVS eventually dissolves, perhaps allowing the blood vessel to operate normally once again.

Similar to a cast supporting a broken arm and being removed, Bioresorbable Vascular Scaffold Market has a similar appearance to a stent but is a non-metallic, non-permanent mesh implant that gradually dissolves and allows the artery to function normally once more. Over the course of 12 to 24 months, this new scaffold vanishes, supporting the vessel until it acquires the strength and ability to maintain its open position on its own.

Read more @ https://influentialblogging.blogspot.com/2022/07/bioresorbable-vascular-scaffold.html

[reportsanddata]

Coronary Stents Market ,Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2026

The report on the global Coronary Stents   Market published by Reports and Data provides an in-depth assessment of the Coronary Stents market including recent technological and product advancements, market drivers, challenges, current and emerging trends, opportunities, threats, risks, strategic developments, and other key features. The report comprises 100+ pages and covers comprehensive assessment of market size, market share, revenue contribution, revenue share, growth rate, industrial chain analysis, regional analysis, and top companies. It also provides strategic recommendations to formulate investment strategies and provides insights for new entrants.

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The report provides an in-depth analysis of the key developments and innovations of the market such as research and development advancements, product launches, mergers & acquisitions, joint ventures, partnerships, government deals, and collaborations. The report offers a comprehensive assessment of key players in the market along with their global position, financial standing, business expansion plans, production and manufacturing capacity, and strategic alliances.

Key players in the market include

Boston Scientific Corporation, Medtronic Plc, Abbott Laboratories, B. Braun Melsungen AG, Vascular Concepts, Stentys SA, Biosensors International Group Ltd. and Orbus Neich.

For a better understanding of the global Coronary Stents   market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.

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In-depth regional analysis includes:

·         North America (U.S., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of EU)

·         Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Furthermore, the report segments Coronary Stents   market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.

 By Type (Revenue, USD Million; 2016–2026)

Dual Therapy Stents

Drug Eluting Stents

Bio-engineered Stents

Bare Metal Stents

Bioresorbable Vascular Scaffold (BVS)

By End Use (Revenue, USD Million; 2016–2026)

Hospitals

Ambulatory Surgical Centers

Cardiac Centers

By Material (Revenue, USD Million; 2016–2026)

Metal

Polymer

Copolymer

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Benefits of the Global Coronary Stents   Report:

•        Comprehensive analysis of the opportunities and risks of the Coronary Stents   market

•        Detailed study of the latest product and technological developments and innovations of the Coronary Stents   market

•        Business strategies and plans are analysed for understanding the Coronary Stents   market scenario

•        Revenue forecast of Coronary Stents market for the forecast period 2020-2028

•        Comprehensive analysis of the drivers, constraints, limitations, challenges, and opportunities

•        Latest and emerging market trends analysis and their impact on product and application demand

•        Study of recent M&A, joint ventures, collaborations, partnerships, product launches and brand promotions among others

•        Extensive SWOT analysis and Porter’s Five Forces analysis along with investment return analysis and feasibility

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Global Bioresorbable Vascular Scaffold Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global Bioresorbable Vascular Scaffold Market 2019-2024 added by DecisionDatabases.com

Bioabsorbable scaffolds, or naturally dissolving stents, that have been investigated include base materials that are either metals or polymers. Those that have been approved in markets around the world and thus have gained the most traction are based on polymers that are similar to those used in dissolvable stitches.

The worldwide market for Bioresorbable Vascular Scaffold is expected to grow at a CAGR of roughly 14.2% over the next five years, will reach 320 million US$ in 2024, from 150 million US$ in 2019.

This report focuses on the Bioresorbable Vascular Scaffold in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/17728-bioresorbable-vascular-scaffold-market-analysis-report

Market Segment by Manufacturers, this report covers

 Abbott

 Kyoto Medical

 Biotronik

 Elixir Medical

Market Segment by Regions, regional analysis covers

 North America (United States, Canada and     Mexico)

 Europe (Germany, France, UK, Russia and     Italy)

 Asia-Pacific (China, Japan, Korea, India     and Southeast Asia)

 South America (Brazil, Argentina,     Colombia etc.)

 Middle East and Africa (Saudi Arabia,     UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

 Metal BVS

 Polymer BVS

Market Segment by Applications, can be divided into

 Hospital & Clinic

 Medical Center

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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Bioresorbable Vascular Scaffold product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Bioresorbable Vascular Scaffold, with price, sales, revenue and global market share of Bioresorbable Vascular Scaffold in 2017 and 2018. Chapter 3, the Bioresorbable Vascular Scaffold competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Bioresorbable Vascular Scaffold breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Bioresorbable Vascular Scaffold market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Bioresorbable Vascular Scaffold sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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[getmarketresearch]

Bioabsorbable scaffolds, or naturally dissolving stents, that have been investigated include base materials that are either metals or polymers. Those that have been approved in markets around the world and thus have gained the most traction are based on polymers that are similar to those used in dissolvable stitches. Scope of the Report: This report focuses on the Bioresorbable Vascular Scaffold in Asia-Pacific market, especially in China, Japan, Korea, Taiwan, Southeast Asia, India and Australia. This report categorizes the market based on manufacturers, countries/Regions, type and application. Market Segment by Manufacturers, this report covers Abbott Kyoto Medical Biotronik Elixir Medical Market Segment by Countries, covering China Japan Korea Taiwan Southeast Asia India Australia Market Segment by Type, covers Metal BVS Polymer BVS Market Segment by Applications, can be divided into Hospital & Clinic Medical Center There are 19 Chapters to deeply display the Asia-Pacific Bioresorbable Vascular Scaffold market. Chapter 1, to describe Bioresorbable Vascular Scaffold Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force; Chapter 2, to analyze the manufacturers of Bioresorbable Vascular Scaffold, with profile, main business, news, sales, price, revenue and market share in 2016 and 2017; Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017; Chapter 4, to show the Asia-Pacific market by countries, covering China, Japan, Korea, Southeast Asia, Taiwan, India and Australia, with sales, price, revenue and market share of Bioresorbable Vascular Scaffold, for each country, from 2012 to 2017; Chapter 5 and 6, to show the market by type and application, with sales, price, revenue, market share and growth rate by type, application, from 2012 to 2017; Chapter 7, 8, 9, 10, 11, 12 and 13 to analyze the key countries by manufacturers, Type and Application,covering China,Japan,Korea,Southeast Asia, Taiwan, India and Australia,with sales,revenue and market share by manufacturers,types and application; Chapter 14, Bioresorbable Vascular Scaffold market forecast, by countries, type and application, with sales, price, revenue and growth rate forecast, from 2017 to 2022; Chapter 15, to analyze the manufacturing cost, key raw materials and manufacturing process etc. Chapter 16, to analyze the industrial chain, sourcing strategy and downstream end users (buyers); Chapter 17, to describe sales channel, distributors, traders, dealers etc. Chapter 18 and 19, to describe the research findings and conclusion, appendix, methodology and data source

[mrfrblogresearch02]

Interventional Cardiology Market Statistics Facts And Figures 2022-2027

Interventional Cardiology Market Overview:

Interventional Cardiology Market Share held a value of USD 15,130.75 Million in 2018 and Interventional Cardiology Market is expected to register a CAGR of 7.25% during the assessment period.

Top Drivers and Challenges:

Cardiac disorder remains one of the significant reasons behind the soaring number of deaths worldwide. The World Health Organization reveals that annually, CVDs or cardiovascular diseases claim around 17.9 million lives across the globe. Surging cases of arrhythmias as well as heart failures have fostered the demand for highly advanced interventional cardiology devices.  A prominent trend rapidly emerging in the global market include the augmented preference for bioresorbable stents in the healthcare industry.

Increasing life expectancy along with frequent technological advances will ensure that interventional cardiology notes sustained demand throughout the review timeframe. Factors including rising prevalence of unhealthy lifestyle, innovations in cardiac devices, mounting awareness and the accelerated number of healthcare programs should further enhance the market size. Underdeveloped regions have vast unmet medical requirements, which can be a striking opportunity for global manufacturers in the market. Favorable insurance scenario encourages patients to opt for treatment, especially in countries like Canada, US, and the UK, and could be favorable for the worldwide industry in subsequent years.

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Interventional Cardiology Market Top Companies:

Terumo Corporation (Japan), L. Gore & Associates, Inc. (US), ACIST Medical Systems, Inc. (US), BD (US), Biosense Webster, Inc (US), Edwards Lifesciences Corporation (US), ABIOMED (US), Boston Scientific Corporation (US), Cook Medical (US), Koninklijke Philips N.V. (Netherlands), Abbott (US), Life Vascular Devices Biotech S.L. (Spain), Medtronic (Ireland), Merit Medical Systems, Inc (US), GE Healthcare (US), Biotronik SE & Co. KG (Germany), Braun Melsungen AG (Germany), Cardinal Health (US) are identified as the top firms in the interventional cardiology industry.

Interventional Cardiology Market Segmental Analysis:

Type and end-user are the major segments considered in the MRFR report, to present a detailed outline of the global market.

Types of interventional cardiology include stents (Bare Metal Stents, Bioresorbable Vascular Scaffolds and Drug-Eluting Stents), Percutaneous Transluminal Coronary Angioplasty Catheters (Balloon Catheters as well as Guiding Catheters), Plaque Modification Devices, Coronary Guidewires, and accessories.

The top end-users in the global market are Cardiac Catheterization Laboratories, Hospitals, Ambulatory Surgical Centers, and more. Escalating number of ambulatory surgical centers and the growing awareness about the benefits of conducting cardiovascular procedures in this setting can push the demand for the segment in the years to come. However, hospitals form the biggest segment in the market, given the rising success rate of the procedures carried out in hospitals. Around 200,000 cardiac arrests take place annually in hospitals, while 25 percent of these patients are able to survive in hospital settings, in view of the constantly available medical staff and facilities.

Interventional Cardiology Market Regional Overview:

The regional study of the interventional cardiology industry comprises Europe, Asia Pacific or APAC, the Americas and MEA or Middle East and Africa.

Americas has landed the leading spot in the global market as the region is witnessing a spike in the number of coronary disorders. Percutaneous coronary intervention is a common medical procedure carried out in the region, aimed at patients suffering from coronary artery disease. The escalating demand for interventional cardiology can be accredited to the sizeable investments made by major manufacturers in the region, trying to widen their customer base. Additionally, the rapidly burgeoning cardiac patient pool, sophisticated healthcare system, and the extensive adoption of state-of-the-art healthcare technologies within the cardiac field will also warrant significant gains for the American market over the following years.

Europe is the second highest revenue generating market, due to the government spending substantially on the development and upgradation of the healthcare industry. Noteworthy increase in the number of research & development activities, growth in cardiac surgeries amidst the evolving lifestyle of the mass is anticipated to benefit the European industry in the years ahead.

 

APAC is bound to make progress at the fastest pace during the given period, on account of the escalation in the cases of cardiac ailments as well as the surging expenditure aimed at improving the healthcare infrastructure. Burgeoning geriatric patient pool and the rising emphasis on business expansion among the regional players also strengthens the APAC market’s position.

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[industry365]

Coronary Stent Market Is Expected To Reach New Growth Revenues During 2021-2028

The global coronary stent market size is expected to reach USD 15.28 billion by 2027 according to a new study by Polaris Market Research. The report “Coronary Stent Market Share, Size, Trends, Industry Analysis Report, By Product (Drug Eluting, Bioresorbable Vascular Scaffold, Bare Metal Stents); By Metal (Cobalt Chromium, Platinum Chromium, Nickel Titanium, and Stainless Steel); By End Use (Hospitals, Ambulatory Surgical Centers, and Cardiology Centers); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global Coronary Stent Market offers prominent opportunities for the players to flourish in the untapped low-income countries, particularly in the Asia Pacific region. Market is characterized by intense competition, flooded with many local players that develop safe, cost-effective, easy to use, and widely available products. These players adopt innovative strategies and develop full proof devices to provide product differentiation.

Cath labs or cardiac catheterization laboratories in hospitals and ambulance conduct both diagnostic and therapeutic procedures. For example, The Frankel Cardiovascular Center, has 4 cardiac catheterization laboratory that are used for coronary procedures, these labs complement two hybrid operating rooms. These medical facilities use technologically advanced such as DES, BMS and Bioresorbable Vascular Scaffold stents to improve the quality of life, offer better patient healthcare benefits like efficacy and safety profile, and minimize hospital stays. These procedures are not complex and are mostly performed in ASCs and digital cath labs. For Example, Absorb GT1 has clinically proven that the artery is able to dilate and contract, called vasomotion that is similar to healthy blood vessels.

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The incidence of CVDs is on the rise in globally. This is due to the lifestyle changes such as smoking and alcohol over consumption, un-healthy food habits, and lack of physical inactivity. These factors cause obesity, heart related ailments and diabetes that can lead to CVDs. In 2015, according to Global prevalence of Diabetes, India is seeing increasing diabetic patients which accounts for more than 62 million diabetic patients.

To treat this growing cases of CVDs, players are using advanced technologies to develop innovative products such as Bioresorbable Vascular Scaffold and nano-coated stents. Improvement in healthcare infrastructure has allowed medical facilities to adopt these advanced systems for disease treatment in spite of its cost. This will lead many people to undergo stent procedure to treat cardiac disorders. Public awareness of this procedure and associated systems and benefits will further lead many people to undergo them.

Market participants such as Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Biotronik, Terumo Corporation, Shandong JW Medical Systems, Cook Medicals, Biosensors International Group (acquired by Blue Sail Medical Co., Ltd), Stentys SA, B. Braun Melsungen AG, Liaoning Biomedical Materials, Meril Life Sciences, MicroPort Scientific Corporation, Lepu Medicals, Vascular Concepts, and Translumina GmbH are some of the key players operating in the concerned market.

For instance, in July, 2020, Blue Sail Medical Co., Ltd established its new Blue Sail Shanghai Innovation Center (BSIC), which was built after months of rigorous effort and well equipped with GMP facilities. The company entered into cardio-vascular area after acquiring Biosensors International Group. BSIC’s focus would be co-operating with the research and development based in Germany and Singapore to develop innovative coronary intervention products including stent from scratch.

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Polaris Market research has segmented the Coronary Stent Market report on the basis of product, metal, end-use and region

Coronary Stent Product Outlook (Revenue – USD Million, 2016 – 2027)

Drug Eluting Stent

Bioresorbable Vascular Scaffold Stent

Bare Metal Stents

Coronary Stent Metal Outlook (Revenue – USD Million, 2016 – 2027)

Cobalt Chromium

Platinum Chromium

Nickel Titanium

Stainless Steel

Coronary Stent End-Use Outlook (Revenue – USD Million, 2016 – 2027)

Hospitals

Ambulatory Surgical Centers

Cardiology Centers

Coronary Stent Regional Outlook (Revenue – USD Million, 2016 – 2027)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

U.S.

Canada

France

Germany

UK

Italy

Spain

Netherlands

Austria

China

India

Japan

Malaysia

South Korea

Indonesia

Mexico

Brazil

Argentina

UAE

Saudi Arabia

Israel

South Africa

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Coronary Stents Market is Projected to Increase at a Considerable Rate with COVID-19 Impact |

QMS Research has published a new addition of comprehensive analysis titled Coronary Stents market to its extensive repository. Among the several objectives of the research study, it provides a detailed description of recent trends, technological advancements, and various platforms, which further are beneficial to improve the performance of the companies. The primary and secondary research techniques have also been used to analyze the data, thus stimulating erudite business decisions.

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Among other salient features of the report, it provides information on top level companies in order to attain insightful data about successful strategies adopted by important market players, in addition to shedding light on bargaining power of suppliers and buyers.

To present the strong and effective business outlook lucidly various graphical presentation techniques such as graphs, charts, tables, and pictures have been used while curating the report.

Major Key Players Covered In This Report:

B.Braun, Lepu Medical, LBC, SINOMED, Abbott Vascular, MicroPort, Medtronic, Boston Scientific, Biosensors, Essen Technology, Terumo, Atrium Medical

The specified segments and sub-sections of the market are explained below:

By Product Type:

Bare-metal Stent (BMS), Drug-eluting Stent (DES), Bioresorbable Vascular Scaffold (BVS)

By Application/End-user:

Treatment of Angina, Treatment of Myocardial Infarction, Treatment of Other Disease

By country/region:

North America

Europe

Asia-Pacific

South America

Middle East and Africa

The study covers a blend of major points, which are either fueling or limiting the growth of the companies. In addition to this, it also focuses on some crucial points, which help to discover global opportunities rapidly. Furthermore, the report discusses the new project’s SWOT analysis to get a complete overview of current scenarios. Upstream and downstream of the businesses have been further analyzed to direct readers towards attaining fruitful market performance.

The report closely studies various approaches, which help to build and develop sales strategies to boost company outcome.

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Frequently Asked Questions about This Market Research Report:

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What are opportunities for Coronary Stents investors and market aspirants?

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