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Asia Pacific Coronary Stent Market Research Report – Segmented By Type, Mode Of Delivery, Material Type, End-User & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2590
Pages: 145

Asia Pacific Coronary Stent Market Size (2022 to 2027)

The size of the Asia Pacific Coronary Stent Market was worth USD 1.79 billion in 2022 and estimated to be growing at a CAGR of 8%, to reach USD 2.63 billion by 2027.

In the Asia Pacific region, many countries are achieving economic development and undergoing changeover to a Western Lifestyle and consuming foods with higher fat, and adopting sedentary lifestyles, which are significantly increasing the cases of coronary heart diseases in this region and driving the market growth. Additionally, factors such as the increasing geriatric population and the prevalence of chronic diseases, and the rising adoption of advanced technologies are greatly influencing the market growth.

Moreover, the highest growth rate anticipated by the bioresorbable stent over the above mentioned in the forecast period is due to high biodegradable properties. In addition, an increase in non-refundable income and growing incidents of heart diseases will boost the market growth in the forecast period.

Technological advancements in coronary stents are directly hiking the prices of these products, which is the primary restraint to the market. Also, the procedures of approval for stent selling and manufacturing are very stringent in the countries of these regions, which are further hampering the growth rate of the Asia pacific coronary stent market.

This research report on the Asia Pacific Coronary Stent Market has been segmented and sub-segmented into the following categories.

By Type: 

  • Bare Metal Stents
  • Drug-Eluting Stents
  • Bioabsorbable Stents

By Mode of Delivery: 

  • Balloon Expandable Stents 
  • Self-Expanding Stents

By Material: 

  • Metallic stents
    • Cobalt chromium
    • Platinum chromium
    • Nickel-titanium
    • Stainless steel
  • Other Stents

By End-User: 

  • Hospitals
  • Cardiac Centers
  • Ambulatory Surgical Centers

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Regionally, the Asia Pacific is the fastest-growing regional market across the world. Within the Asia Pacific, the Indian coronary stent market would perform better among all the different nations in this region during the forecast period. In addition, prices of coronary stents rates have been capped by India, which might be a key factor fuelling the market's demand. These factors will help the Indian market to emerge the fastest growth in the Coronary Stent market.

The China coronary stent market is expected to account for USD 1.7 billion by 2027 and is the largest market in this region. The segment of Drug-Eluting Stents is expected to grow at a CAGR of 8.6% during the forecast period in this region. Moreover, the segment of Bioresoreble Vascular Scaffolds would grow at the highest CAGR.

KEY MARKET PLAYERS:

A few of the major market participants operating in the Asia Pacific Coronary Stent Market profiled in the report are Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore), BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), TERUMO CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), and Translumina GmbH (Germany).

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Type                                                              

                                5.1.1 Introduction                                           

                                5.1.2 Bare metal stents                                 

                                5.1.3 Drug-eluting stents                                             

                                5.1.4 Bioabsorbable stents                                          

                                5.1.5  Y-o-Y Growth Analysis, By Type                                    

                                5.1.6  Market Attractiveness Analysis, By Type                                  

                                5.1.7  Market Share Analysis, By Type                                    

                5.2 Mode of delivery                                                     

                                5.2.1 Introduction                                           

                                5.2.2 Balloon expandable stents                                               

                                5.2.3 Self expanding stents                                         

                                5.2.4 Y-o-Y Growth Analysis, By Mode of delivery                                            

                                5.2.5 Market Attractiveness Analysis, By Mode of delivery                                          

                                5.2.6 Market Share Analysis, By Mode of delivery                                            

                5.3 Material                                                       

                                5.3.1 Introduction                                           

                                5.3.2 Metallic stents                                       

                                                5.3.2.1 Cobalt chromium                              

                                                5.3.2.2 Platinum chromium                         

                                                5.3.2.3 Nickel titanium                  

                                                5.3.2.4 Stainless steel                    

                                5.3.3 Other stents                                           

                                5.3.4 Y-o-Y Growth Analysis, By  material                                              

                                5.3.5  Market Attractiveness Analysis, By material                                            

                                5.3.6  Market Share Analysis, By material                                             

                5.4 End user                                                      

                                5.4.1 Introduction                                           

                                5.4.2 Hospitals                                  

                                5.4.3 Cardiac centres                                     

                                5.4.4 Ambulatory surgical centres                                            

                                5.4.5 Y-o-Y Growth Analysis, By End user                                              

                                5.4.6  Market Attractiveness Analysis, By End user                                           

                                5.4.7  Market Share Analysis, By End user                                            

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Type                 

                                                6.1.3.3 By Mode of delivery                        

                                                6.1.3.4 By Material                          

                                                6.1.3.5 By End user                         

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Type                 

                                                6.1.4.3 By Mode of delivery                        

                                                6.1.4.4 By Material                          

                                                6.1.4.5 By End user                         

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Type                 

                                                6.1.5.3 By Mode of delivery                        

                                                6.1.5.4 By Material                          

                                                6.1.5.5 By End user                         

                6.2 China                                                             

                6.3 India                                                              

                6.4 Japan                                                            

                6.5 South Korea                                                               

                6.6 Australia                                                      

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 Medtronic plc                                                            

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Abbott Laboratories                                               

                8.3 Boston Scientific Corporation                                                             

                8.4 Biosensors International Group, Ltd.                                                               

                8.5 BIOTRONIK SE & Co. KG                                                        

                8.6 B. Braun Melsungen AG                                                        

                8.7 TERUMO CORPORATION                                                      

                8.8 Meril Life Sciences Pvt. Ltd.                                                 

                8.9 MicroPort Scientific Corporation                                                       

                8.10  STENTYS SA                                                             

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  1. Asia Pacific Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  2. Asia Pacific Bare-metal stents Market By Region, From 2022 - 2027 (USD Billion)
  3. Asia Pacific Drug eluting stents Market By Region, From 2022 - 2027 (USD Billion)
  4. Asia Pacific Bioabsorbable stents Market By Region, From 2022 - 2027 (USD Billion)
  5. Asia Pacific Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  6. Asia Pacific Balloon expandable stents Market By Region, From 2022 - 2027 (USD Billion)
  7. Asia Pacific Self expanding stents Market By Region, From 2022 - 2027 (USD Billion)
  8. Asia Pacific Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  9. Asia Pacific Metallic stents Market By Region, From 2022 - 2027 (USD Billion)
  10. Asia Pacific Other stents Market By Region, From 2022 - 2027 (USD Billion)
  11. Asia Pacific Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  12. Asia Pacific Hospitals Market By Region, From 2022 - 2027 (USD Billion)
  13. Asia Pacific Cardiac centres Market By Region, From 2022 - 2027 (USD Billion)
  14. Asia Pacific Ambulatory surgical centres Market By Region, From 2022 - 2027 (USD Billion)
  15. Japan Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  16. Japan Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  17. Japan Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  18. Japan Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  19. China Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  20. China Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  21. China Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  22. China Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  23. India Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  24. India Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  25. India Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  26. India Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  27. Australia Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  28. Australia Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  29. Australia Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  30. Australia Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  31. South Korea Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  32. South Korea Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  33. South Korea Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  34. South Korea Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  35. Asia Pacific Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  36. Asia Pacific Cobalt Chromium Market By Region, From 2022 - 2027 (USD Billion)
  37. Asia Pacific Platinum Chromium Market By Region, From 2022 - 2027 (USD Billion)
  38. Asia Pacific Nickel Titanium Market By Region, From 2022 - 2027 (USD Billion)
  39. Asia Pacific Stainless steel Market By Region, From 2022 - 2027 (USD Billion)
  40. Japan Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  41. China Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  42. India Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  43. Australia Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)

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