Surgical Stents Market overview
The global surgical stents market report presents the demand for the stents, attributing to the rise in the cardiovascular diseases, rising diabetic and obese popualtion and rapid development of the healthcare facilities and expenditure. The different stenting procedures have helped the patients to resume daily activities. The growth of the global surgical stents market is expected to increase for the forecast period from 2017 to 2023.
The stents are small tubes either made of a flexible metal or plastic. A stent is inserted into the vessels or duct for keeping the passageway open. A stent is a wire mesh tube that is inserted into the blocked artery for pumping the blood again. The stent is needed only when more than 70% of the artery is blocked or narrowed with the deposition of plaque. These surgical stents save life and help in unblocking the blood clots in a clogged artery.
The demand for stents is increasing, mostly for treating heart diseases and blood vessels of middle-aged and healthy patients. A surgical stent implant is used for the treatment of cardiac abnormalities and other such problems. These stents are inserted in the ureter for preventing obstruction of urine flow from the kidney, in the gallbladder for allowing the passage of bile in the patients that are suffering from gallbladder cancer.
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Surgical Stents Market segmentation
The global surgical stents market is expanding with the use of biodegradable polymers that are being used for the preparation of surgical stents. The market has been segmented based on the types, types of materials, applications and end users.
On the basis of types, the global surgical stents market can be split into:
- Urinary stents
- Cardiac stents
- Biliary stents
- Prostatic stents
- Esophageal stents
On the basis of materials, the global surgical stents market can be classified into:
- Standard polymer
- Biodegradable polymer
And on the basis of applications, the global surgical stents market can be categorized into:
- Urinary tract diseases
- Cardiac diseases
Lastly, on the basis of end users, the market can be split into:
Surgical Stents Market Regional analysis
As seen from a global perspective, in the global surgical stents market, America dominates the market, attributing to a number of patients that are suffering from cardiac arrests and renal diseases. In addition to it, a well-developed healthcare sector and healthcare expenditure is supporting the growth of the stents market. Moreover, Europe accounts for the second largest market followed by Asia-Pacific that is rapidly growing in the surgical stents market. However, the high cost of surgeries and the changing lifestyle of the global population is restraining the growth of the market during the forecast period from 2017-2023.
Key Players for Global Surgical Stents Market
Some of the major key player for the market are STI Laser Industries, Ltd (Israel), ELLA - CS, s.r.o. (Czech Republic), Boston Scientific Corporation (US), Laserage Technology corporation (US), amg International GmbH (Germany), Abbott (US), Angiocare (Netherlands), Meril Life Sciences Pvt. Ltd. (India), Elixir Medical Corporation (US), F. Hoffmann-La Roche Ltd. (Switzerland), B. Braun Melsungen AG (Germany), Medtronic (US), Amaranth Medical, Inc (US), Arterial Remodeling Technologies (US).
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Surgical Stents Industry news
Medtronics, will be releasing its ventilators design for zero cost that will help to boost the production of the needed ventilators for the patients suffering from COVID-19. It will help to increase the manufacturing of ventilators for hospitals and other urgent care facilities all around the world. It will publicly share its design specifications for its Puritan Bennett 560 ventilator.