The Global Cardiovascular Stents Market Forecasts to Reach at US$6.8 Billion by 2016 at a CAGR of 8.78%.

Date: 2016-09-12

The global cardiovascular stents market to grow at 9.12% CAGR during the period 2016-2020.

Since 1995, the introduction of new products such as bio-absorbable scaffolds, biodegradable polymers, and bifurcation stents is likely to increase the use of vascular stents in interventional cardiology. These stents have the potential to eliminate the complications of durable polymer stents. The cardiovascular stent helps prevent arterial blockages that may occur in people who have undergone angioplasty. It helps maintain the patency of stenotic vessels and avoid re-blockage due to blood accumulation or excessive tissue growth.

According to the survey, a key driving factor to grow is the demand for minimally invasive procedures. Minimally invasive procedures involve smaller incisions.

Global cardiovascular stents industry forecasts to reach at US$6.8 billion by 2016 at a CAGR of 8.78%. The North American segment accounts the largest market share of the global value while Europe lagged. Asia-Pacific is the fastest growing region with a CAGR of 12.5% driving a market value of US$2.54 billion by 2016.

Many new second- and third-generation stent designs are under development, in clinical trials, or have been approved for use outside the U.S. These include: 
• A stent with a covering that delivers an anti-restenosis drug over a period of several months and then essentially becomes a bare-metal stent
• A stent that is absorbed by the body and disappears after it has done its work
• A stent which uses a bio-engineered coating to quickly create a thin, all-natural layer inside the artery
Other technologies under development include platinum-coated stainless steel stents, diamond carbon-coated stents, and gene therapy/antibody-coated stents.

The market share by key regions as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 001-510-400-8520


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