The Coronary Stent Market is driven by growing geriatric population and sedentary lifestyle.
Development of innovative and improved bioengineered absorbable products is also a key factor
triggering industry growth. The Coronary Stent Market is classified, by type into Bare-metal Stents,
Drug-eluting Stents (DES), and Bio absorbable Stents. DES consisting biodegradable and non-
biodegradable. DES headed the product segment. One of the benefits offered by DES is the ability to
release ant proliferative drug that avoids neointimal proliferation, eventually reducing the incidence
of stent restenosis. Moreover, the noninvasive procedure offered by DES is gaining popularity.
Conversely, BVS is expected to grow exponentially over the forecast period. The U.S. FDA approved
first absorbable stent Absorb GT1 BVS for arterial disorder. This is manufactured with biodegradable
polymer poly (L-lactide). BVS has added advantages of restoring vasomotor function, intensifying
future treatment options, and helping avoid future complications with permanent devices. Some
stents are coated with medicine that is slowly and continuously released into the artery. These
stents are called drug-eluting stents. The medicine helps prevent the artery from becoming blocked
again. Coronary Stent Market is classified, by mode of delivery into Balloon-expandable Stents, Self-
expanding Stents.
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The balloon expandable stents segment is expected to grow at highest CAGR during the forecast
period due to the increasing research activities to improve this technology, high utilization of these
stents, and growing regulatory approvals for balloon expandable stents. The Coronary Stent Market
is classified, by material into Metallic Stents, Cobalt Chromium, Platinum Chromium, Nickel
Titanium, Stainless Steel, and Other Stents. The Coronary Stent Market is classified, by end user into
Hospitals, Cardiac Centers, and Ambulatory Surgical Centers. Hospital segment is expected to lead
the coronary stent market during the forecast period. This can mainly be accredited to high
utilization of coronary stent in hospitals. The Coronary Stent Market is segmented, geographically
into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle
East and Africa.