Global Metal Stents Market By Overview
Metal Stents are simple tubes which are made of metal mesh and thus, used in carotid and coronary arteries. The most common type of stents are Drug-eluting stents which are consists of standard metallic sheet, antirestenotic drug and polymer coating that used in coronary arteries.
Global Metal Stents Market By Drivers & Restraints
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Drivers |
Restrains |
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Adoption of advanced healthcare technologies |
High costs |
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Growing geriatric population coupled with increase in cardiovascular diseases |
Unfavorable reimbursement |
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Increase in medical tourism |
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Global Metal Stents Market By Segmentations & Regional Insights
The target market is segmented based on Type, Application, and Region.
Type Insight
On the basis of Type, the target market is segmented Nitinol Stents, Stainless Steel Stents, and Other Metal Stents.
Application Insight
On the basis of Application, the target market is segmented into Hospitals, Ambulatory Surgery Centers, and Others.
Regional Insights:
On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market is estimated to witness a significantly high revenue share over the forecast period due to growing prevalence of cardiovascular diseases, continuous technological development and adoption of unhealthy & sedentary lifestyle.
Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to rising consumption of unhealthy food and increased adoption of technology.
Recent Development:
The New Launched Product News,
- In May 2016, Boston Scientific launched new ‘AXIOS’ stent system that combines electrocautery and stent for endoscopic management of pancreatic pseudocysts and walled-off pancreatic necrosis. The new launched MRI-compatible AXIOS stent has become the only removable metal stent in U.S. market.
Strategic Acquisitions and Partnership News,
- In February 2023, Olympus Corporation has set to acquire Taewoong Medical Co., Ltd., a Korean manufacturer of gastrointestinal metallic stents and other medical devices. This acquisition will strengthen the Olympus GI endo-therapy product portfolio to improve patient outcome through comprehensive solutions.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
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Market Segmentation |
By Type - Nitinol Stents, Stainless Steel Stents, and Other Metal Stents By Application - Hospitals, Ambulatory Surgery Centers, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.
Few Other Promising Reports:
Global Metal Stents Market By Competitive Landscape & Key Players
The key players operating the target market includes, Boston Scientific, C.R. Bard, Teleflex, Cook Group, Merit Medical Systems, Novatech SA, Taewoong Medical, ENDO-FLEX GmbH, EFER ENDOSCOPY, Changzhou Health Microport Medical Device Co., Ltd., and Others.
FAQs
The growing adoption of innovative technology and various strategies such as polymer-free drug coatings, abluminal-only coated stents and use of bioresorbable polymers on metallic stents is likely to provide lucrative opportunities in market growth.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, Boston Scientific, C.R. Bard, Teleflex, Cook Group, Merit Medical Systems, Novatech SA, Taewoong Medical, ENDO-FLEX GmbH, EFER ENDOSCOPY, Changzhou Health Microport Medical Device Co., Ltd., and Others.