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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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of United States
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.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type · Material Type · Type · End User |
| Region Scope | South-Region, West-Region, Mid-West Region & Northeast-Region |
| Key Companies Profiled | 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. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
