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TOPIC: Vascular Stents Market Trends, Forecasts, Key Company Profiles and Industry Size and Growth Analysis 2030
Vascular diseases have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective vascular stents has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning Vascular Stents Market size.
Vascular Stents Market have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective Vascular Stents Market has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning market size.
The global vascular stents market has been segmented on the basis of material, application, type, and end-users.
By mode of material, the global vascular stents market has been segmented into standard polymer, metal, and biodegradable polymer. Among these, the polymer-based vascular stents are likely to witness a higher growth rate due to its extensive use in the surgeries.
By mode of application, the global vascular stents market has been segmented into peripheral artery, coronary artery, and others. Among these, the coronary artery segment occupies a significant share due to the healthcare sectors objective to minimize the number of deaths caused due to cardiovascular diseases.
By mode of type, the global vascular stents market has been segmented into balloon expanding stent, self-expanding stent, drug-eluting stent, renal artery stents, and others.
By mode of end-users, the global vascular stents market has been segmented into clinics, hospital, and ambulatory centers. Among these, the hospital's segment is predicted to expand at a significant rate as they offer advanced medical infrastructure and trained professionals who are not available in small clinics.
Regional Analysis
Geographically, the vascular stents market span across regions namely, Europe, Asia Pacific, North America, and the Middle East & Africa.
Considering the global scenario, North America commands the global vascular stents market owing to the growing obese population in this region. The region is predicted to experience a sturdy growth rate due to the accelerating population suffering from cardiovascular diseases. Also, lack of exercises among the people and changing lifestyle also influence the market growth to a large extent in this region.
The Asia Pacific region is estimated to expand at the fastest growth rate during the appraisal period and is likely to retain its growth in the coming years. The growth is credited to the large population base, the increasing prevalence of cardiovascular diseases, low manufacturing costs of the medical devices, and the growing adoption of cardiovascular diseases in this region.
The European region is considered to hold the second-largest position in the global market. The growth is credited to the rising geriatric population, the strong presence of healthcare infrastructure, and unhealthy lifestyle among the population. Economies such as the U.K., France, and Germany are the early adopter of advanced technologies, which has resulted in the market growth in this region.
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Self Defence Section -> Self Defence Forum -> -> Vascular Stents Market Trends, Forecasts, Key Company Profiles and Industry Size and Growth Analysis 2030