India Coronary Stent Market, By Product Type (Drug Eluting Stents, Bare Metal Stents, Bioresorbable Vascular Scaffold), By Material (Cobalt Chromium, Stainless Steel, Platinum Chromium, Nickel Titanium, Polymer), By End User (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratories)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Coronary stents (CS) are expandable tubular metallic devices, which are introduced into the coronary arteries that shows stenosis due to an underlying atherosclerosis disease. This revascularization procedure is termed as a percutaneous coronary intervention (PCI) or coronary angioplasty with stent placement.
There are main types of stents:
Bare metal stents (BMS)
Drug eluting stents (DES)
Bioresorbable scaffold system (BRS)
Drug- Eluting balloons (DEB).
DES consists of three components: a metallic stent platform, an active pharmacological drug agent, and a carrier vehicle. Stainless steel or cobalt-chromium is the most common metal and gives long-term mechanical stability to counteract vascular recoil. The drug release is carried out by diffusion through pores in the polymeric coating. While DEB has only antiproliferative drug coating without an underlying metallic structure of the stent, BRS is also devoid of metallic structure and is entirely resorbed in a few months after serving their purpose. Other stents such as bifurcation stents and covered stents are designed for special circumstances such as lesion over vascular bifurcation or coronary artery perforation, respectively.
Market Dynamics
The demand for coronary stents is anticipated to be driven by an ageing population and an increase in the prevalence of risk factors such as cardiovascular diseases (CVDs), complicated lesions, diabetes, obesity, and others. Apart from these governments initiative to reduce the prices of coronary stent by adding them in the list of essential medicines have promoted to shift the customers from the by-pass surgeries to the PCI procedure. For instance, according to report shared on January 13, 2020, the total stents used in India (Indian as well as imported) were 4,50,000 before price cap while they increased in 6,00,000 after the price cap in India.
Key features of the study:
This report provides an in-depth analysis of the India coronary stent market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the India coronary stent market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Abbott Laboratories, Medtronic, Inc, Biosensors Inc, Terumo Corporation, Boston Scientific Inc.,Becton, Dickinson and Company, Cook medicals, B Braun Melsungen AG, SLTL Medical, Endocare, Cardiac Care Products, Invent Bio-med Private Limited, Nano therapeutics pvt ltd, MIV therapeutics.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
India coronary stent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India coronary stent market
Detailed Segmentation:
India Coronary Stents MarketBy Product Type:
Drug eluting stents
Bare metal stents
Bioresorbable vascular scaffold
India coronary stent market, By Material:
Cobalt Chromium
Stainless steel
Platinum Chromium
Nickel Titanium
Polymer
India coronary stent market, By End user:
Hospitals
Ambulatory Surgical Centers
Cardiac Catheterization laboratories
Company Profiles
Abbott Laboratories*
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Medtronic, Inc.
Biosensors, Inc.
Terumo corporation
Boston Scientific Inc.
Becton, Dickinson and Company
Cook Medicals
B Braun Melsungen AG
SLTL Medical
Endocare
Cardiac Care Products
Invent Bio-med Private Limited
Nano therapeutics pvt ltd.
MIV therapeutics
“*” marked represents similar segmentation in other categories in the respective section
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product type
Market Snapshot, By Material
Market Snapshot, By End User
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
4. India Coronary Stent Market- Impact of Coronavirus (Covid-19) Pandemic
Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand
5. India Coronary Stent Market, By Product Type, 2017 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017–2030
Segment Trends
Drug eluting stents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Bare metal stents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Bioreabsorbable vascular scaffold
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
6. India Coronary Stent Market, By Material, 2017 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017–2030
Segment Trends
Cobalt Chromium
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Stainless steel
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Platinum Chromium
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Nickel Titanium
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Polymer
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
7. India Coronary Stent Market, By End User , 2017 – 2030, (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017–2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
Cardiac Catheterization Laboratories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
8. Competitive Landscape
Abbott Laboratories
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Biosensors, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Terumo Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Boston Scientific Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Becton, Dickinsonand Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Cook medicals
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
B Braun Melsungen AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
SLTL Medical
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Endocare
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Cardiac Care Product
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Invent bio-med Pvt Ltd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Nano therapeutics Pvt Ltd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
MIV therapeutics
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
9. Section
Research Methodology
About Us
*Browse 19 market data tables and 21 figures on “India Coronary stent market” - India forecast to 2030