What is Metal Stents Market?
According to Centres for Disease Control and Prevention, United States, heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States, as well as one person, dies every 36 seconds in the United States from cardiovascular disease. Stents are used when plaque blocks a blood vessel that may lead to various diseases such as heart diseases. A metal stent is a tiny tube that can insert into a blocked passageway to keep it open. Stent grafts are larger stents used for larger arteries and they may be made of specialized fabric. These stents can also be coated with medication to help keep a blocked artery from closing.
The market study is being classified by Type (Nitinol Stents, Stainless Steel Stents and Other Metal Stents), by Application (Hospitals, Ambulatory Surgery Centers and Others) and major geographies with country level break-up.
Boston Scientific Corporation (United States), C. R. Bard, Inc. (United States), Teleflex Incorporated (United States), Cook Group Incorporated (United States), Merit Medical Systems, Inc. (United States), Novatech (United States), Taewoong Medical Co. Ltd. (South Korea), ENDO-FLEX GmbH (Germany), hangzhou Health Microport Medical Device and Kapitex Healthcare (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Medtronic (United States), Rontis Pharmaceuticals (Pharmaceuticals) and ENDOCOR GmbH (Germany).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Metal Stents market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Metal Stents market by Type, Application and Region.
On the basis of geography, the market of Metal Stents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Heart Blockage among People
- Increased Number of Diagnostic Centres and Hospitals in Developing Regions
- Rise in the Acceptance of Medica Implants
Market Trend
- Technological Advancements in The Medical Science
- Increased Awareness about Healthy Lifestyle among People
Restraints
- Complications Associated with Stent Insertion
- High Cost Associated with Stent Implants
Opportunities
- Growing Number Elderly Population
- Growth in the Healthcare Sector
- Robust Increase in the Distribution Channels
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Metal Stents Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users