Coronary Stents Market: Increasing Prevalence of Cardiovascular Diseases Expected to Drive Market Growth: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Published: 2016-10-14
  • Report Code: REP-GB-1993

An Incisive, In-depth Analysis on the Coronary Stents Market

This study offers a comprehensive, 360 degree analysis on the Coronary Stents market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Coronary Stents market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

A coronary stent is a small cylindrical device used during percutaneous coronary intervention (PCI). Coronary stents help relieve the symptoms of coronary heart disease by reducing blockages and improving blood flow to the heart. They are beneficial for patients suffering from coronary artery diseases such as myocardial infarction and unstable angina. The global coronary stents market is estimated to be valued at US$ 11.32 Bn by 2026, registering a CAGR of 6.6% over the forecast period.

Increasing prevalence of cardiovascular diseases expected to drive overall market growth

The global coronary stents market is driven by an increasing occurrence of lifestyle diseases such as obesity and cardiovascular diseases such as angina pectoris and ischemic heart disease especially in developed countries. Also, an increasing meditech progress in the cardiovascular field is expected to drive the growth of the global coronary stents market during the forecast period. Cardiologists the world over prefer advanced stenting procedures and this is another important factor boosting market growth. However, various complications and risks associated with stenting procedures and high costs of drug eluting stents is expected to adversely affect the revenue growth of the global coronary stents market over the forecast period.

Market segmentation

By Product Type

By Raw Material

By End Use

By Region

  • Drug Eluting Stent

  • Bare Metal Stent

  • Bioresorbable Vascular Stent

  • Cobalt Chromium

  • Stainless Steel

  • Platinum-Chromium

  • Nickel-Titanium

  • Polymer

  • Hospitals

  • Ambulatory Surgical Centres

  • Cardiac Catheterisation Laboratories

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • APEJ

  • MEA

  • Japan

Drug Eluting Stent product type segment estimated to account for significant market share by 2016 end

The Drug Eluting Stent segment is anticipated to account for 75.6% value share of the global coronary stents market by the end of 2016. This segment is expected to register a CAGR of 6.8% in terms of value over the forecast period. The Bioresorbable Vascular Stent segment is projected to register a CAGR of 9.4% between 2016 and 2026 and reach a market valuation of US$ 1,617.6 Mn by 2026.

Polymer raw material segment likely to be the most lucrative segment

The Polymer segment is expected to register high Y-o-Y growth throughout the forecast period and is expected to be valued at US$ 4,215.6 Mn by 2026, registering a CAGR of 9.2% during the forecast period. The Cobalt Chromium segment is estimated to account for 21.4% market share of the global coronary stents market by the end of 2016.

Hospitals end use segment expected to dominate the global coronary stents market in terms of value

The Hospitals segment is estimated to be valued at US$ 7,851.8 Mn by 2026, registering a CAGR of 6.3% during the forecast period. The Cardiac Catheterisation Laboratories segment is estimated to account for 19.8% revenue share by 2016 end.

APEJ market likely to register significant Y-o-Y growth throughout the forecast period

The APEJ coronary stents market is expected to hold 36.8% revenue share of the global coronary stents market by 2026. The APEJ market is expected to witness a CAGR of 8.0% during the forecast period. The North America market is anticipated to account for 29.2% market share of the global coronary stents market by 2016 end. Revenue from the North America market is projected to register a CAGR of 6.9% during 2016–2026, to reach a market valuation of US$ 3,426.0 Mn by 2026.

coronary stents market

Global coronary stents market players are focussing on product innovation and geographical expansion to augment market share

Terumo Corporation, Boston Scientific Corporation, Medtronic, Vascular Concepts, B. Braun Melsungen AG, Biotronik SE & Co. KG, Abbott Laboratories, Biosensors International Group, Ltd., Hexacath, and Stentys SA are some of the top companies operating in the global coronary stents market. Key market players are focussing on increasing their footprints in emerging markets such as Asia Pacific and are expanding their manufacturing facilities and distribution network to gain a larger share of the global coronary stents market.

Abbott Laboratories, Medtronic, and Boston Scientific Corporation emerged as the market leaders in the global coronary stents market for both the Drug Eluting Stent and Bare Metal Stent segments in 2015. The top three market players are estimated to hold more than 70% revenue share of the global coronary stents market in 2016. Abbott Laboratories accounted for the largest share in the global coronary stents market in 2015. Boston Scientific Corporation held maximum revenue share in Brazil in 2015. The company has a strong foothold in the domestic market of Latin America, particularly in the rapidly growing cardiovascular devices market in Brazil and other emerging countries.

Future Market Insights offers a 10-year forecast of the global coronary stents market in a new report titled “Coronary Stents Market: Global Industry Analysis and Opportunity Assessment, 2016-2026”. Our study demonstrates key market dynamics and trends likely to impact the current status and future growth prospects of the global coronary stents market for the period 2016 – 2026. The primary objective of the report is to offer updates and information related to market opportunities in the global coronary stents market.

Report description

This report provides a detailed segmentation wise and region wise market analysis of the global coronary stents market. We have included an extensive analysis of key industry drivers, restraints, market trends, market structure, and other macro-economic factors influencing the growth of the global coronary stents market; and have provided a comprehensive assessment of stakeholder strategies and imperatives for business success. The report begins with an overview of the global coronary stents market followed by an analysis of the drivers, restraints, trends, opportunities, value chain analysis, and pricing analysis. To understand and assess opportunities in the global coronary stents market, we have categorised the report into different sections based on market segmentation – by Product Type, by End Use, by Raw Material, and by Region. The subsequent sections analyse the global coronary stents market based on product type, end use, raw material, and region and provide a comprehensive forecast in terms of value for the next 10 years.

In the final section of the report, we have included a competitive landscape to provide a dashboard view of key companies operating in the global coronary stents market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the global coronary stents market. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. This section also includes detailed profiles of leading players dominating the global coronary stents market with an analysis of their strengths, weaknesses, opportunities, and threats and an evaluation of their short-term and long-term strategies.

Research methodology

We have conducted in-depth primary and secondary research to ascertain the overall market size of the global coronary stents market, top industry players, top products, industry associations, etc. The forecast presented in the report assesses the total revenue by value across the global coronary stents market and to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the global coronary stents market is likely to develop in future.

Given the characteristics of the global coronary stents market, we have triangulated the data gathered through comprehensive primary and secondary research and further scrutinised it using advanced tools to acquire useful qualitative and quantitative insights. Our forecasts are not only in terms of CAGR, but also factor in an in-depth analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the global coronary stents market. Further, we have analysed the different segments of the global coronary stents market in terms of Basis Point Share to understand individual segments’ relative contribution to overall market growth. This detailed level of information is important to identify the key trends impacting the global coronary stents market.

Another important feature of our report is the analysis of the global coronary stents market in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve in the global coronary stents market, as well as to identify potential resources from a sales and delivery perspective. To understand key segments in terms of their growth and performance in the global coronary stents market, we have developed a market attractiveness index to help providers identify existing market opportunities in the global coronary stents market.

Coronary Stents Market Reports - Table of Contents

Coronary Stents Market Reports - List of Tables

Table 01 : Global Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 02: Global Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 03: Global Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 04: Global Coronary Stents Market Value (US$ Mn) Forecast By Region, 2016–2026

Table 05: North America Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 06: North America Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 07: North America Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 08: North America Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 09: Latin America Excluding Brazil Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 10: Latin America Excluding Brazil Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 11 : Latin America Excluding Brazil Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 12: Latin America Excluding Brazil Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 13: Brazil Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 14: Brazil Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 15: Brazil Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 16: Western Europe Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 17: Western Europe Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 18: Western Europe Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 19: Western Europe Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 20: Eastern Europe Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 21: Eastern Europe Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 22: Eastern Europe Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 23: Eastern Europe Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 24: APEJ Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 25: APEJ Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 26: APEJ Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 27: APEJ Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 28: Japan Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 29: Japan Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 30: Japan Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Table 31: MEA Coronary Stents Market Value (US$ Mn) Forecast By Country, 2016–2026

Table 32: MEA Coronary Stents Market Value (US$ Mn) Forecast By Product Type, 2016–2026

Table 33: MEA Coronary Stents Market Value (US$ Mn) Forecast By Raw Material, 2016–2026

Table 34: MEA Coronary Stents Market Value (US$ Mn) Forecast By End User, 2016–2026

Coronary Stents Market Reports - List of Figures

Figure 01: Global Coronary Stent Market Value (US$ Mn) Forecast, 2015–2026 

Figure 02: Global Coronary Stent Market Absolute $ Opportunity, 2015–2026 

Figure 03: Global Coronary Stent Market Y-o-Y Growth, 2015–2026 

Figure 04: Global Coronary Stent Market Share Analysis (%) By Product Type, 2016 & 2026

Figure 05: Global Coronary Stent Market Y-o-Y Growth (%) By Product Type, 2016–2026

Figure 06: Global Coronary Stent Market Attractiveness Analysis By Product Type, 2016–2026

Figure 07: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Drug Eluting Stent, 2016–2026

Figure 08: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Bare Metal Stent Segment, 2016–2026

Figure 09: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Bioresorbable Vascular Stent, 2016–2026

Figure 10: Global Coronary Stents Market Share Analysis (%) By Raw Material, 2016 & 2026

Figure 11: Global Coronary Stents Market Y-o-Y growth (%) By Raw Material, 2016–2026

Figure 12: Global Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 13: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Cobalt Chromium, 2016–2026

Figure 14: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Stainless Steel, 2016–2026

Figure 15: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Platinum – Chromium, 2016–2026

Figure 16: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Nickel – Titanium, 2016–2026

Figure 17: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Polymer, 2016–2026

Figure 18: Global Coronary Stent Market Share Analysis (%) By End User, 2016 & 2026

Figure 19: Global Coronary Stent Market Y-o-Y Growth (%) By End User, 2016–2026

Figure 20: Global Coronary Stent Market Attractiveness Analysis By End User, 2016–2026

Figure 21: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Hospitals, 2016–2026

Figure 22: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Ambulatory Surgical Centers Segment, 2016–2026

Figure 23: Global Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Cardiac Catheterization Laboratories, 2016–2026

Figure 24: Global Coronary Stents Market Share Analysis (%) By Region, 2016 & 2026

Figure 25: Global Coronary Stents Market Y-o-Y growth (%) By Region, 2016–2026

Figure 26: Global Coronary Stents Market Attractiveness Analysis By Region, 2016–2026

Figure 27: North America Coronary Stent Market Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 28: Latin America Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Latin America, 2016–2026

Figure 29: Brazil Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Brazil, 2016–2026

Figure 30: Western Europe Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Western Europe, 2016–2026

Figure 31: Eastern Europe Stent Market Absolute $ Opportunity (US$ Mn) By Eastern Europe, 2016–2026

Figure 32: APEJ Coronary Stent Market Absolute $ Opportunity (US$ Mn) By APEJ, 2016–2026

Figure 33: Japan Coronary Stent Market Absolute $ Opportunity (US$ Mn) By Japan, 2016–2026

Figure 34: MEA Coronary Stent Market Absolute $ Opportunity (US$ Mn) By MEA, 2016–2026

Figure 35: North America Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 36: North America Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 37: North America Coronary Stents Y-o-Y Growth (%) By Country, 2016–2026

Figure 38 : North America Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 39 : North America Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 40 : North America Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 41: Latin America Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 42: Latin America Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 43: Latin America Coronary Stents Y-o-Y growth (%) By Country, 2016–2026

Figure 44: Latin America Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 45 : Latin America Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 46 : Latin America Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 47: Brazil Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 48: Brazil Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 49: Brazil Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 50: Western Europe Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 51: Western Europe Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 52: Western Europe Coronary Stents Y-o-Y growth (%) By Country, 2016–2026

Figure 53: Western Europe Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 54: Western Europe Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 55: Western Europe Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 56: Eastern Europe Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 57: Eastern Europe Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 58: Eastern Europe Coronary Stents Y-o-Y growth (%) By Country, 2016–2026

Figure 59 : Eastern Europe Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 60: Eastern Europe Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 61: Eastern Europe Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 62: APEJ Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 63: APEJ Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 64: APEJ Coronary Stents Y-o-Y growth (%) By Country, 2016–2026

Figure 65: APEJ Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 66: APEJ Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 67: APEJ Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 68: Japan Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 69: Japan Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 70: Japan Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Figure 71: MEA Coronary Stents Share Analysis (%) By Country, 2016 & 2026

Figure 72: MEA Coronary Stents Attractiveness Analysis By Country, 2016–2026

Figure 73: MEA Coronary Stents Y-o-Y growth (%) By Country, 2016–2026

Figure 74: MEA Coronary Stents Market Attractiveness Analysis By Product Type, 2016–2026

Figure 75: MEA Coronary Stents Market Attractiveness Analysis By Raw Material, 2016–2026

Figure 76: MEA Coronary Stents Market Attractiveness Analysis By End User, 2016–2026

Get in touch

Harish Tiwari

Harish Tiwari

Global Head - Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

* indicates mandatory fields.

Our Clients


CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology