LONDON--(BUSINESS WIRE)--According to the market research report released by Technavio, the global peripheral vascular stents market is expected to accelerate at a CAGR of almost 8% during the forecast period. The growing popularity of MI procedures is one of the key factors triggering the growth of the market.
This research report titled ‘Global Peripheral Vascular Stents Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global peripheral vascular stents market into the following products:
- Drug-eluting peripheral vascular stents
- Balloon-expanding peripheral stents
- Self-expanding peripheral stents
In 2016, the self-expanding peripheral vascular stents segment accounted for 59% of the global market. The global self-expanding peripheral vascular stents market is growing at a significant pace, owing to the prevalence of PAD and the usage of these stents across most of the peripheral interventions.
Global peripheral vascular stents market: Top emerging trend
The emergence of bioabsorbable stents is an emerging trend in this market space. The introduction of bioabsorbable stents in the market has further intensified the competition among the vendors, as these stents are made up of naturally dissolvable material such as polylactic acid. The several advantages of bioabsorbable stents are expected to fuel the demand for these stents in the coming years. The advantage of this stent is it disappears after the implantation and eliminates the potential causes of inflammation that may lead to the development of restenosis and late-stent thrombosis. After the dissolution of the stent in two years, it restores the vessel to a natural state of vasoconstriction and vasodilatation, and provides the scope for future interventions, if needed.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Peripheral Vascular Stents Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (self-expanding peripheral vascular stents, balloon-expanding peripheral vascular stents, and drug-eluting peripheral vascular stents)
- Market segmentation by end-user (hospitals, cath lab, and ASCs)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Boston Scientific, Abbott, Medtronic, Cook, C. R. Bard, BIOTRONIK, and Cordis (a Cardinal Health company))
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