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Pulished Date April, 2021
ID: 6581
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Latin America Non-Vascular Stents Market Research Report – Segmented By End User, Material, Type and Country (Brazil, Argentina, Chile, Mexico and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends and Forecast (2021 to 2026)

Pulished: April, 2021
ID: 6581
Pages: 145

Latin America Non-Vascular Stents Market Analysis (2021 to 2026)

The size of the Non-Vascular Stents market in Latin America was around USD 116.69 million in 2021. It is expected to grow at a CAGR of 5.7% to reach USD 153.96 million by 2026. It captures 12% of the global market.

Stents are used in vascular and non-vascular organs for various reasons, such as the palliation of transient and chronic obstructions in the natural circulatory pathways that allow the transfer of air, body fluids, and other substances involved in systemic metabolism and energy to exchange. Non-vascular stents are typically used to open a pathway through vessels in the body, especially arteries and veins that carry blood and lymph.

The increasing demand for minimally invasive procedures is expected to be a significant driver for the growth of the Latin American non-vascular stents market. Non-vascular stents involve small, precise incisions, resulting in relatively smaller and less visible scarring incurred in conventional surgical procedures that compromise patient safety. This procedure is associated with a faster recovery time, which reduces the patient's hospital stay. Besides, reducing hospital stay should, in turn, reduce the risk of getting infections contracted in the hospital, such as blood infections, urinary tract infections, etc. between patients. These factors are presented as the major drivers for the growth of the non-vascular stents market.

The increasing prevalence of gastrointestinal, urological, and respiratory or pulmonary diseases is expected to fuel the demand for non-vascular stents. Conditions such as chronic obstructive pulmonary disease (COPD), obstruction of the central airways, and asthma require the use of pulmonary stents to open the narrow airways and facilitate the respiratory process.

The burden of increasing regulation, demonstration of long-term efficacy, pricing pressures, and excise duties on medical devices are some of the main challenges in this market.

This research report on the Latin America Non-Vascular Stents Market has been segmented and sub-segmented into the following categories:

By Type:

  • Pancreatic and Biliary Stents
    • Biliary Stents
    • Pancreatic Stents
  • Gastrointestinal Stents
  • Airway Stents
  • Urinary Tract Stents

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Material:

  • Metallic Stents
  • Non-Metallic Stents

By Country:

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

Regional Analysis:

Geographically, the Latin American Non-Vascular Stents Market is expected to grow at a steady pace during the forecast period. The geriatric population is prone to developing chronic diseases such as lung cancer, pancreatic cancer, gallbladder cancer, colon / colorectal cancer, stroke, asthma, chronic obstructive pulmonary disease (COPD), chronic pancreatitis, prostate cancer, glaucoma, and this is expected to facilitate increased demand for non-vascular stents during the forecast period. It can be attributed to the increasing incidence of gastrointestinal cancers, such as cancers of the stomach, esophagus, gallbladder, pancreas, liver, small intestine, intestine, and anus well as increasing patient preference for minimally invasive surgeries around the world. The regional increase in the incidence of biliary diseases such as bile duct cancer, gallstones, and primary biliary cholangitis is expected to positively impact the growth of the biliary stents market during the forecast period.

Key market participants in the Latin American Non-Vascular Stents Market include CONMED Corporation, Taewoong Medical Co., Medtronic; C. R. Bard, Inc.; Boston Scientific Corporation; HOBBS MEDICAL, INC; Cook Medical; ELLA - CS, s.r.o.; Ltd.; Synchron Med Inc.; and Glaukos Corporation.

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 End User                                                      

                                5.1.1 Introduction                                           

                                5.1.2 Hospitals                                  

                                5.1.3 Ambulatory Surgical Centers                                           

                                5.1.4 Others                                      

                                5.1.5  Y-o-Y Growth Analysis, By End User                                            

                                5.1.6  Market Attractiveness Analysis, By End User                                          

                                5.1.7  Market Share Analysis, By End User                                            

                5.2 Type                                                              

                                5.2.1 Introduction                                           

                                5.2.2 Pancreatic and Biliary Stents                                            

                                                5.2.2.1 Biliary Stents                       

                                                                5.2.2.1.1 Plastic Biliary Stents     

                                                                5.2.2.1.2 Metal Biliary Stents      

                                                                                5.2.2.1.2.1 Metal Non-Covered Biliary Stents

                                                                                5.2.2.1.2.2 Metal Partially Covered Biliary Stents

                                                                                5.2.2.1.2.3 Metal Fully Covered Biliary Stents

                                                5.2.2.2 Pancreatic Stents                              

                                                                5.2.2.2.1 Plastic Pancreatic Stents            

                                                                5.2.2.2.2 Metal Pancreatic Stents             

                                                                                5.2.2.2.2.1 Metal Non-Covered Pancreatic Stents

                                                                                5.2.2.2.2.2 Metal Fully Covered Pancreatic Stents

                                5.2.3 Gastrointestinal Stents                                      

                                                5.2.3.1 Fully Covered Gastrointestinal Stents                      

                                                5.2.3.2 Partially Covered Gastrointestinal Stents                               

                                                5.2.3.3 Non-Covered Gastrointestinal Stents                      

                                5.2.4 Airway Stents                                        

                                                5.2.4.1 Silicone Airway Stents                    

                                                5.2.4.2 Metallic Airway Stents                    

                                                                5.2.4.2.1 Fully Covered Metallic Airway Stents   

                                                                5.2.4.2.2 Uncovered Metallic Airway Stents        

                                5.2.5 Urinary Tract Stents                                            

                                                5.2.5.1 Ureteral Stents                  

                                                5.2.5.2 Metal Ureteral Stents                     

                                                5.2.5.3 Polymer Ureteral Stents                

                                                5.2.5.4 Bioabsorbable Ureteral Stents.                  

                                                5.2.5.5 Prostate Stents                 

                                                5.2.5.6 Metal Prostrate Stents                   

                                                5.2.5.7 Polymer Prostrate Stents                              

                                                5.2.5.8 Bioabsorbable Prostate Stents.                  

                                                5.2.5.9 Urethral Stents                  

                                                5.2.5.10 Metal Urethral Stents                  

                                                5.2.5.11 Polymer Urethral Stents                             

                                                5.2.5.12 Bioabsorbable Urethral Stents                 

                                5.2.6 Y-o-Y Growth Analysis, By Type                                     

                                5.2.7 Market Attractiveness Analysis, By Type                                   

                                5.2.8 Market Share Analysis, By Type                                     

                5.3 Material                                                       

                                5.3.1 Introduction                                           

                                5.3.2 Metallic Stents                                      

                                5.3.3 Non-metallic 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                                              

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 End User                        

                                                6.1.3.3 By Type                 

                                                6.1.3.4 By Material                          

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By End User                        

                                                6.1.4.3 By Type                 

                                                6.1.4.4 By Material                          

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By End User                        

                                                6.1.5.3 By Type                 

                                                6.1.5.4 By Material                          

                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 Boston Scientific Corporation                                                             

                                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 Covidien plc. Cook Medical                                                  

                8.3 Allium Medical Solutions Ltd.                                                              

                8.4 Novatech Health Care                                                            

                8.5 ConMed                                                      

                8.6 W. L. Gore & Associates Inc.                                                                

                8.7 C.R. Bard                                                      

                8.8 Merit Endotek                                                           

                8.9 Micro-Tech (Nanjing) Co., Ltd                                                             

                8.10 ELLA - CS                                                    

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                                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms by material with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Non-vascular Stents Market, By Type, From 2021 to 2026 (USD Million)
  2. Latin America Pancreatic and Biliary Stents Market, By Region, From 2021 to 2026 (USD Million)
  3. Latin America Gastrointestinal Stents Market, By Region, From 2021 to 2026 (USD Million)
  4. Latin America Airway Stents Market, By Region, From 2021 to 2026 (USD Million)
  5. Latin America Urinary Tract Stents Market, By Region, From 2021 to 2026 (USD Million)
  6. Latin America Non-vascular Stents Market, By Material, From 2021 to 2026 (USD Million)
  7. Latin America Metallic Stents Market, By Region, From 2021 to 2026 (USD Million)
  8. Latin America Non-metallic Stents Market, By Region, From 2021 to 2026 (USD Million)
  9. Latin America Non-vascular Stents Market, By End User, From 2021 to 2026 (USD Million)
  10. Latin America Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  11. Latin America Ambulatory Surgical Centers Market, By Region, From 2021 to 2026 (USD Million)
  12. Latin America Others Market, By Region, From 2021 to 2026 (USD Million)
  13. Brazil Non-vascular Stents Market, By Type, From 2021 to 2026 (USD Million)
  14. Brazil Non-vascular Stents Market, By Material, From 2021 to 2026 (USD Million)
  15. Brazil Non-vascular Stents Market, By End User, From 2021 to 2026 (USD Million)
  16. Argentina Non-vascular Stents Market, By Type, From 2021 to 2026 (USD Million)
  17. Argentina Non-vascular Stents Market, By Material, From 2021 to 2026 (USD Million)
  18. Argentina Non-vascular Stents Market, By End User, From 2021 to 2026 (USD Million)
  19. Mexico Non-vascular Stents Market, By Type, From 2021 to 2026 (USD Million)
  20. Mexico Non-vascular Stents Market, By Material, From 2021 to 2026 (USD Million)
  21. Mexico Non-vascular Stents Market, By End User, From 2021 to 2026 (USD Million)
  22. Rest of Latin America Non-vascular Stents Market, By Type, From 2021 to 2026 (USD Million)
  23. Rest of Latin America Non-vascular Stents Market, By Material, From 2021 to 2026 (USD Million)
  24. Rest of Latin America Non-vascular Stents Market, By End User, From 2021 to 2026 (USD Million)

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