Global- Non-vascular Stents Market Report 2017-2025-By Product Type(Gastrointestinal, Pancreatic, Esophageal, Pulmonary (Airway), Urological Stents), By Material Type(Metallic, Non-Metallic Stents), By End-Users, By Region

Global Non-Vascular Stents Market Analysis, 2017-2025

Market Highlights

Growing demand for minimally invasive techniques is likely to be a key factor driving the growth of the global non-vascular stents market. Non-vascular stents include small accurate incisions, resulting in comparatively smaller and lesser visible scars experienced by conventional surgical procedures that compromise on patient safety. Such procedures are related with faster retrieval time, thus dipping a patient’s hospital stay. Additionally, reduced hospital stay in turn, is estimated to lower the risk of contracting hospital-acquired infections such as bloodstream infection, urinary tract infection, etc. among patients. These factors pose as major drivers boosting growth of the non-vascular stents market.

Further, developments in stents technology will further boost the growth of non-vascular stents market. For instance, Abbott’s bioresorbable Absorb stent became the first in the world cleared for marketable use in Europe. It is projected that bioabsorbable stents will rapidly capture a significant share of the stent market. Further, prevailing metal stents with novel dissolving polymer coatings are most probable to get FDA sanction in the next couple years, but some stent manufacturers think this will only be a stop-gap measure till completely dissolving stents are achieved sometime in the next decade.

North America Accounts for the Highest Share in Global Non-vascular stents Market

North America held over 30.0% share in the market in 2017 owing to growing incidence of COPD, lung cancer, asthma, glaucoma, central airway obstruction, and other chronic diseases in the United States and Canada. Further, presence of major market players in U.S, target population, and strong healthcare infrastructure in the region further reinforced the dominance of this region.

On the other hand, Europe is also anticipated to hold a significant market share over the forecast period owing to the thriving medical technology sector and swelling frequency of gastric cancer in the EU5 countries. Additionally, Asia Pacific is anticipated to register higher CAGR over the forecast period as compared to other regions due to promising government initiatives for use of such medical devices, growing geriatric population, and cumulative healthcare expenditure.

As per the analysis of global non-vascular stents market conducted by Goldstein Research, the market is anticipated to register a CAGR of 4.1% during the forecast period. In terms of value, the global non-vascular stents market is anticipated to reach a market valuation in excess of USD 1.8 Billion by 2025 end.

Market Segmentation

By Product Type

• Gastrointestinal Stents

Biliary

Duodenal

Colonic

Pancreatic

Esophageal Stents

• Pulmonary (Airway) Stents
• Urological Stents
• Others

By Material Type

• Metallic Stents
• Non-metallic Stents

By End-Users

• Hospitals
• Ambulatory Surgical Centers

By Region

• North America

U.S.

Canada

• Europe

UK

Germany

France

Spain

Benelux

Russia

Rest of Europe

• Asia Pacific

China

India

Japan

Korea

Australia

Rest of Asia-Pacific

• Middle East and Africa

GCC

South Africa

• Latin America

Mexico

Brazil

Argentina

Rest of Latin America

What does this report cover?

• Market Penetration: Statistics regarding the competitive arena of the non-vascular stents market
• Market Sizing: The projected market size in 2025 and estimation of the market from 2017 to 2025
• Product Development/Innovation: Comprehensive insights on forthcoming technologies, R&D activities, and innovative product launches in the non-vascular stents market
• Market Overview: Market dynamics and consequent analysis of accompanying trends as well as opportunities, drivers and challenges existing in the Non-vascular stents market
• Market Development: Complete information about rewarding markets – the study examines the market for drone logistics across various regions
• Market Diversification: Thorough information about fresh products, untapped geographies,  and investments in the Non-vascular stents market
• Regional Analysis: Factors manipulating market shares of North America, Europe, Asia Pacific, and the Middle East
• Competitive Assessment: Exhaustive valuation of business strategies, products, and manufacturing capabilities of important market players
• The local regulatory reforms and improvement strategies along with the forecast are clarified in each key point that indicates the general execution and issues in key areas, for example, the US, Asia Pacific, Middle East and Europe.

Key Players Mentioned In the Non-Vascular Stents Market Report

• Boston Scientific Corporation

• ELLA – CS
• Covidien plc.
• Cook Medical
• Allium Medical Solutions Ltd.
• Novatech Health Care
• ConMed
• W. L. Gore & Associates Inc.
• C.R. Bard
• Merit Endotek
• Micro-Tech (Nanjing) Co. Ltd
• Glaukos Corporation

Reasons to Purchase Non-vascular Stents Market Report:

• Facilitate decision-making based on strong historic and forecast data for non-vascular stents market
• Develop strategies based on the latest regulatory framework
• Study on the region and country that are expected to dominate the market
• Position yourself to gain the maximum advantage of the Non-vascular stents market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and visions