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Latin America Coronary Stent Market Research Report – Segmented By Type, Mode Of Delivery, Material Type, End-User & Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2592
Pages: 145

Latin America Coronary Stent Market Size (2022 to 2027)

The size of the Latin America Coronary Stent Market was valued at USD 0.89 billion in 2022 and is estimated to be growing at a CAGR of 7.8%, to reach USD 1.30 billion by 2027.

In the Latin America region, large players in the market with innovative ideas are estimated to showcase tremendous potential during the forecast period. Advancements in Interventional Cardiology and minimally invasive techniques have effectively influenced the potential of the market for stent’s therapeutic applications. In addition, the increasing use of bare-metal stents, Bioabsorbable stents, and drug-eluting stents to treat coronary artery diseases (CAD) is propelling the Latin American coronary stents market growth.

The growth of the Latin American coronary stent market is further accelerated due to the increasing incidences of cardiovascular diseases. Also, the modifications in the healthcare settlement policies and the insurance policies are anticipated to boost the coronary stent market in the future in all countries of Latin America. Furthermore, many companies invest in research and development related to stents; it will further fuel the growth. Also, the adoption of these technologies by the end users and the patients is growing the market growth.

On the other hand, the cost of coronary stents in Latin America is comparatively higher and is one of the major restrictive factors of the coronary stent market. Also, the availability of alternative treatments for coronary artery diseases is restraining the market growth in the Latin American region. Moreover, the process of approvals for stent manufacturing and selling is rigorous in the regional countries, which affects their businesses.

This research report on the Latin America 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: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Regionally, the Brazilian coronary stents market is expected to continue its dominance and reach a size of USD 1.4 billion by 2027. Furthermore, the expected growth of the Drug-Eluting Stents segment is a CAGR of 7.1% during the forecast period to maintain its dominance in the Latin American market in the forecast period.

The Mexican coronary stent market follows Brazil in accounting for the leading share in the Latin American market due to the Y-O-Y growth in the incidence of chronic diseases and the geriatric population.

KEY MARKET PLAYERS:

A few of the notable participants operating in the Latin America 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 Brazil                                                             

                6.3 Mexico                                                         

                6.4 Rest of Latin America                                                             

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. Latin America Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  2. Latin America Bare-metal stents Market By Region, From 2022 - 2027 (USD Billion)
  3. Latin America Drug eluting stents Market By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Bioabsorbable stents Market By Region, From 2022 - 2027 (USD Billion)
  5. Latin America Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  6. Latin America Ballloon expandable stents Market By Region, From 2022 - 2027 (USD Billion)
  7. Latin America Self expanding stents Market By Region, From 2022 - 2027 (USD Billion)
  8. Latin America Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  9. Latin America Metallic stents Market By Region, From 2022 - 2027 (USD Billion)
  10. Latin America Other stents Market By Region, From 2022 - 2027 (USD Billion)
  11. Latin America Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  12. Latin America Hospitals Market By Region, From 2022 - 2027 (USD Billion)
  13. Latin America Cardiac centres Market By Region, From 2022 - 2027 (USD Billion)
  14. Latin America Ambulatory surgical centres Market By Region, From 2022 - 2027 (USD Billion)
  15. Brazil Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  16. Brazil Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  17. Brazil Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  18. Brazil Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  19. Argentina Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  20. Argentina Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  21. Argentina Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  22. Argentina Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  23. Mexico Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  24. Mexico Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  25. Mexico Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  26. Mexico Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  27. Rest of Latin America Coronary Stent Market By Type, From 2022 - 2027 (USD Billion)
  28. Rest of Latin America Coronary Stent Market By Mode of delivery, From 2022 - 2027 (USD Billion)
  29. Rest of Latin America Coronary Stent Market By Material, From 2022 - 2027 (USD Billion)
  30. Rest of Latin America Coronary Stent Market By End user, From 2022 - 2027 (USD Billion)
  31. Latin America Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  32. Latin America Cobalt Chromium Market By Region, From 2022 - 2027 (USD Billion)
  33. Latin America Platinum Chromium Market By Region, From 2022 - 2027 (USD Billion)
  34. Latin America Nickel Titanium Market By Region, From 2022 - 2027 (USD Billion)
  35. Latin America Stainless steel Market By Region, From 2022 - 2027 (USD Billion)
  36. Brazil Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  37. Argentina Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)
  38. Mexico Coronary Stent Market By Metallic stents, From 2022 - 2027 (USD Billion)

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