[Report of 263 Pages] According to FMI’s most recent industry analysis, the global Peripheral Vascular Stents Market was worth roughly US$ 3.5 billion in 2021 and is predicted to be worth US$ 5.3 billion by 2028, rising at a CAGR of 6% from 2022 to 2028.
The sales of peripheral vascular stents currently account for 33.3% of the worldwide cardiovascular stents market. Demand for self-expanding stents, which account for the majority of market share, is expected to rise at a CAGR of 6.6% over the projection period.
The segment is expected to grow at above 6.6% CAGR over the forecast period. North America is expected to maintain its dominance in the global market due to regulatory approval of several new products such as drug-eluting stents in the U.S., Europe, and Japan.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2091
Increasing awareness of peripheral surgeries and the prevalence of peripheral artery disease in developing countries such as India and Brazil remains the major factor driving the demand for peripheral vascular stents. Increasing in number end users and growing number of ambulatory surgical centers are the other major factors expected to drive the growth of the global peripheral vascular stents market.
An intravascular stent is a synthetic tubular mesh structure used for permanent implant in graft or native vasculature. A stent is basically designed to provide mechanical radial support after assigning; the support is meant to improve vessel patency over the life of the device. After the stent is placed in the intended location, it is expanded by a balloon or self-expanding mechanism.
Global Peripheral Vascular Stents Market: Segmental Forecast
The global peripheral vascular stents market has been segmented on the basis of product type, artery type, end user and regions. Globally, the self-expanding stents is expected to be the most attractive segment from the manufacturers’ point of view.
Contact our Market Research Specialist: https://www.futuremarketinsights.com/ask-question/rep-gb-2091
Although there is a high demand for drug eluting stents and the segment leads in terms of market volume in the forecast period, high price of drug eluting stents would lead to low revenue contribution of the product type segment. Among all the artery types, high demand of peripheral stents is expected to come from iliac artery segment due to growing prevalence for peripheral artery disease in many countries across the globe.
Global Peripheral Vascular Stents Market: Regional Analysis
In terms of value, the global peripheral vascular stents market is expected to expand at 6.6% CAGR over the forecast period of 2022–2028. With nearly 48.5% market share, North America dominated in the global peripheral vascular stents market in 2021, partly due to penetration of newly approved drug eluting stents in the U.S. Western Europe is expected to be the second large market globally, with the U.K., Italy, France and Germany being countries with high growth rates. APEJ is expected to be the second large market for peripheral vascular stents, primarily due to improving immunization access and availability of cost-effective surgeries.
For in-depth insights, Download a PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-2091
Global Peripheral Vascular Stents Market: Competition Tracking
The market for peripheral vascular stents is consolidated with few players contributing over 55% of revenue share. The key players identified in the global market include Medtronic Plc., Becton, Dickinson and Company, Cardinal Health, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Abbott Laboratories, W.L. Gore & Associates Inc., and Cook Medical Inc., among others. Acquisition of established products to gain immediate growth is the key strategy adopted by key players in the market.
Market Segmentation:
Peripheral Vascular Stents Market by Product Type:
- Self-Expanding Stents
- Balloon-Expanding Stents
- Covered Stents
- Drug-Eluting Stents
Peripheral Vascular Stents Market by Artery Type:
- Carotid Artery
- Fem-Pop Artery
- Iliac Artery
- Infrapop Artery
Peripheral Vascular Stents Market by End User:
- Hospitals
- Ambulatory Surgical Centers/Outpatients
Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/2091
Peripheral Vascular Stents Market by Region:
- North America Peripheral Vascular Stents Market
- Latin America Peripheral Vascular Stents Market
- Europe Peripheral Vascular Stents Market
- East Asia Peripheral Vascular Stents Market
- South Asia & Pacific Peripheral Vascular Stents Market
- Middle East & Africa (MEA) Peripheral Vascular Stents Market
Have a Look at Related Research Reports of Healthcare Domain:
- https://forecastanalysis.blogspot.com/2023/01/artificial-intelligence-in-healthcare.html
- https://club.vexanium.com/post/artificial-intelligence-in-healthcare-market-dynamic-innovation-in-technolo–63b5a67fa4e9b23bcce7bdd2
- https://at.tumblr.com/marketanalysisfmi/cosmetic-lasers-market-is-projected-to-valuation/kha825xsjyn2
- https://www.xing.com/discover/detail-activities/6723501386.3f3339
- https://london-news-community.tribeplatform.com/general/post/cosmetic-lasers-market-is-projected-to-valuation-of-us-8-0-bn-by-2032-LhSRIBMyX5HqcH1
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs