Lucintel anticipates that North America will be the fastest growing region in the stent market

   July 1, 2020
According to a new market report published by Lucintel, the future of the global stent market looks promising with opportunities in the segments of hospital and ambulatory surgical centers. The global stent market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $12.5 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025 . The major growth drivers for this market are increasing interventional cardiology and peripheral vascular procedures and rising adoption of technological advancements in an effort to reduce treatment duration for high risk conventional surgical patients.

Browse 77 market data tables and 118 figures spread through 188 pages and in-depth TOC on “Global Stent Market"

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In this market, different types of stent such as coronary stent and peripheral vascular stent are used as product type. On the basis of comprehensive research, Lucintel forecasts that the coronary stent segment will show above average growth during the forecast period due to increasing cases of cardiovascular disorders.

Within the global stent market, the drug eluting stent segment will remain the largest market by technology during the forecast period due to low restenosis rate after surgery. Bioreabsorbable stent is expected to witness the highest growth during the forecast period due to its property of getting absorbed in the body.

North America is expected to remain the largest market during the forecast period mainly due to its well-developed healthcare infrastructure and continued technological advancements across the healthcare industry.

Emerging trends which have a direct impact on the dynamics of the stent market include increasing use of bioreabsorbable stent, increasing adoption of co-polymers as raw materials, and increasing adoption of bifurcated stents. Abbott Laboratory, Boston Scientific, Medtronic public limited company, C R Bard, Cook Medical Inc., Terumo Corporation, and Cardinal Health Inc. and others are among the major stent manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global stent market by product type, material, technology, end use, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Stent Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global stent market by product type, material, technology, end use, and region as follows:

By Product Type [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:

  • Coronary Stents

  • Peripheral Vascular Stents

By Technology [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:

  • Bare Metal Stents

  • Drug Eluting Stents

  • Bioreabsorbable Stents

By Material [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:

  • Metal

  • Polymer

By End Use [Value ($ Million)]:

  • Hospital

  • Ambulatory Surgical Center

By Region [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • United Kingdom

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

  • The Rest of the World

    • Brazil

This 188-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

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