A stent is a small, flexible piece of metal or plastic that is inserted into vessels or holes to keep the path open. A variety of materials such as steel, standard polymer, and decaying polymer are used to prepare surgical stents.
The stent is placed in containers or in a hole to keep the path open. A stent is a wire-shaped tube inserted into a blocked artery to pump blood again. A stent is only required when more than 70% of the vein is blocked or reduced by the insertion of a plate. These surgical vaccines save lives and help open blood clots in a blocked artery.
Impact of Covid-19 on Surgical Stents Market:
- COVID-19 has created an economic crisis in addition to the healthcare crisis. The pandemic has stretched the healthcare system globally. The pandemic has harmed the healthcare system, resulting in a 50% to 70% drop in revenue from March. Many small hospitals, clinics, and nursing homes have been forced to shut their operations. In addition, social distancing and localized curfews have resulted in delayed elective surgical procedures. Further, visa cancellations have led to an interruption in medical tourism and can negatively impact the healthcare services market growth.
- The pandemic has affected the surgical stents markets as these stents are used in the treatment of heart problems as well as obesity. People suffering from heart problems are severely affected. The market for stents is growing but due to the pandemic, at a slower pace, which is affecting the market growth.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
- According to WHO more than 35% of the population suffer from minor and major heart problems and 39% of 18 years and above suffer from obesity and 13% with overweight. The increase in obesity and diabetes has increased the problems. High prevalence of heart disease, increase in people suffering from obesity and diabetes, rise in the expenditure in the healthcare system, advancements in technology as well as lifestyle changes are the factors that lead to the market growth.
- The demand for stents has been increasing, particularly for the treatment of diseases such as cardiovascular, abnormal heart problems, and other disorders. Particles are inserted in the ureter so that the obstructions prevent the flow of urine in the kidney which flows into the gallbladder. It is a recommended treatment for patients who are suffering from gallbladder cancer.
- The cost of the surgical procedure is high as these stents come with a heavy cost as well as the treatment for diseases such as chronic disease and urinary disease is also high, strict regulatory policy by the government for the approval, as well as the risk of infection after the procedure if any mistake occurs during the surgery, are the factors that hinder the growth potential of the market.
- North America has the largest share in the market because of an enormous number of people suffering from diseases like a cardiac and renal disease. A well-developed healthcare system, higher expenditure on healthcare services makes Europe the second-largest market in surgical stents. Asia-Pacific is the fastest-growing region because of its large population, increase in healthcare expenditure, and awareness about the market.
Market Trend:
- The FDA announced that it deemed Boston Scientific’s recall of its VICI SDS and VICI RDS venous stent systems as Class I, the most serious kind of recall in May 21, 2021. This recall has impacted the company’s image on the stent system.
Key Benefits of the Report:
- This study presents the analytical depiction of the surgical stents market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the surgical stents market share.
- The current market is quantitatively analyzed to highlight the surgical stents market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed surgical stents market analysis based on competitive intensity and how the competition will take shape in the coming years
Questions Answered in the Surgical Stents Report:
- Who are the leading players active in the surgical stents market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What are "surgical stents"?
- What is the "surgical stents" market prediction in the future?
Surgical Stents Market Report Highlights
| Aspects | Details |
 By Products |
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 By Type |
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 By Application |
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 By End User |
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 By Region |
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 Key Market Players | ANGIOCARE B.V, Boston Scientific Corporation., Amaranth Medical Pte Ltd, Meril Life Sciences Pvt. Ltd.,, B. Braun Melsungen AG.,, Abbott.,, ELLA – CS, s.r.o.,, F. Hoffmann-La Roche Ltd. |
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