Global Non-vascular Stents Market 2016-2020

Non-vascular stents market size & analysis

Technavio’s market research analyst predicts the global non-vascular stents market to grow steadily at a CAGR of more than 5% by 2020. The rising preference for minimally invasive (MI) surgeries will impel the demand for non-vascular stents as they ensure less pain, shorter hospital stays, and faster recovery time. Furthermore, its ability to serve as an alternative vessel for uninterrupted blood flow to organs will help to foster its adoption by healthcare facilities during the forecast period.  

The rapid shift from open surgery to minimally invasive surgeries, implementation of initiatives to diagnose strictures and new indications will drive the prospects for growth in this market. Furthermore, the growing use of biodegradable polymers in non-vascular stents, which eliminates the need for stent removal, will further propel the market growth during the predicted period.

Non-vascular stents market forecast based on product segmentation

• Gastrointestinal stents
• Pulmonary stents
• Urological stents

The urological stents segment currently dominates this market and accounts for a market share of approximately 56%. The ability of these stents to prevent blockage and enable better flow of urine from the kidneys will result in its augmented use for urological procedures during the forecast period.

Non-vascular stents market revenue as per geographical segmentation

• Americas
• APAC
• EMEA

Technavio market research analysts estimate the Americas to account for the largest market segment during the estimated period. This region currently accounts for more than 47% of the total market share and is envisaged to further enhance its hold over the market by 2020 owing to the rapid shift from open surgical therapy to endovascular procedures with technologically advanced devices.

Non-vascular stents market growth: Competitive landscape and key vendors

The global non-vascular stents market is well organized and is highly competitive due to the presence of multiple large vendors like Boston and Cook Medical. In this market, the local or regional vendors compete with large vendors on the basis of providing products with advanced features and technologies.

The leading vendors in the non-vascular stents market

• Boston Scientific
• Cook Medical
• C.R. Bard
• Medtronic

Key questions answered in the report include

• What will the market size, market forecast and the growth rate be in 2020?
• What are the key factors driving the global non-vascular stents market?
• What are the key market trends impacting the growth of the non-vascular stents market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global non-vascular stents market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the non-vascular stents market?

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