Intravascular Stents Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

 The global intravascular stents market is anticipated to grow at a CAGR of 9.4% during the forecast period (2023-2030). The key factors for the promising growth of market includes the increasing number of patients undergoing stroke, technological advancements, enhancement in health facilities, rising healthcare investments, growing requirement for minimally invasive surgery procedures and increasing change in lifestyle related diseases such as obesity which is the major cause of increasing stroke incidences. According to the World Stroke Organization 2022, there are 12.2 million new strokes per year one every 3 seconds around the globe. There are 101 million people around the globe are living with stroke aftermath. this number has almost doubled over the last 30 years. Further, 1 in 4 people will have a stroke in their lifetime this number has increased 50%over the last 17 years. Up to 80% of strokes and heart attacks happen in people with 63% low or moderate CVD absolute risk. In 2019, 63% of stroke happened in people younger than 70 years old.

Moreover, the growing cases of cerebral aneurysms and brain aneurysms in various nations across the globe have led to increased use of carotid artery stents and it has generated maximum revenue in recent times. Some of the key participating global neurovascular stent retrievers’ market are Nitinol Devices & Components, Inc., Stryker Corp., Medtronic Plc, STI Laser Industries, Ltd., Norman Noble, INC., Hobbs Medical IN, Akron Inc. Advent Devices Pvt. Ltd, Meril Life Science Pvt. Ltd. The manufacturers are focusing on investing in R&D activities and new launches to bring new technologies to reduce stroke problems. For instance, in June 2023, Fluid Biomed Inc., a medical device company developing ReSolv™, the world's first hybrid polymer-metal flow-diverting stent to treat brain aneurysms, launched the REDIRECT, its first-in-human clinical trial. The complications and the risk associated with the use of neurovascular stents are largely reduced due to the use of newly launched products and innovative products in the market. 

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Market Coverage

                 The market number available for – 2022-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Product

                 By Mode of Delivery

                 By End-User 

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- includes B. Braun SE, Medtronic plc, Terumo Corp., Stryker Corp., Abbott Laboratories, and others.

Intravascular Stents Market Report Segment

By Product

                 Coronary Stents

                 Neurovascular Stents

                 Peripheral Stents

                 Renal Artery Stents 

                 Aortic Stents    

By Mode of Delivery

                 Self-Expanding Stents

                 Balloon-Expandable Stents

By End-User 

                 Hospitals and Cardiac Centers

                 Ambulatory Surgical Centers

A full Report of Intravascular Stents Market is Available @  https://www.omrglobal.com/industry-reports/intravascular-stents-market

Intravascular Stents Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

                 Abbott Laboratories

                 BIOTRONIK SE & Co KG 

                 Boston Scientific Corp.

                 Cook Group Inc.

                 Elixir Medical Corp.

                 Hellman & Friedman LLC

                 Integer Holdings Corp.

                 iVascular, SLU 

                 LifeTech Scientific Corp.

                 Meril Life Sciences Pvt. Ltd.

                 MicroPort Scientific Corp.

                 Stentys S.A. 

                 Vascular Concepts Ltd.

                 Veryan Holdings Ltd.

                 VESALIO, LLC

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