Venous Stents Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2022 and Forecast 2022-2028

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Venous Stents Market: by Technology (Iliac Vein Stent Technology and Wallstent Technology), By Application (Leg, Chest, Abdomen, Others), By Disease (Chronic Deep Vein Thrombosis, Post Thrombotic Syndrome, May–Thurner Syndrome (MTS), Hemodialysis/Arteriovenous Fistulae, Others), and Geography

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Report

Description

Venous Stents Market size was valued at USD 916.5 million in 2021 and is poised to grow at a significant CAGR of 8.2% over 2022–2028.  Metal mesh tubes called venous stents expand against constricted or obstructed vein walls. They are the flexible components that support the vascular walls in both peripheral and central veins. The way that venous stents work is identical to how arterial stents work. They are implanted to treat chronic symptomatic venous and occlusion systems disorders. The market for venous stents is anticipated to grow significantly over the forecast period due to the introduction of several efficient technologies for the precise placement of stents in veins and an increase in investment by the major players in developing novel flexible venous stents with high radial strength. The Centers for Disease Control and Prevention estimate that 60,000–100,000 Americans die annually from deep vein thrombosis. According to statistics, there has been a significant increase in the patient base, which is anticipated to spur market expansion. The growing number of older adults susceptible to these ailments is another considerable element driving the market’s growth. A blood clot in a large, deep vein that returns blood from the heart to the leg and, very infrequently, the arm is called a deep vein thrombosis. Furthermore, the legs application market for venous stents emerged as the market leader. Factors like the rising prevalence of deep vein thrombosis and the growing elderly population can be blamed for this high rise. According to the United Nations, there were 962 million people in the world who were 60 or older in 2017; by 2050, that number is predicted to increase to 2.1 billion. The patient pool and elderly population are both growing, which boosts market expansion. Over the upcoming years, the Venous Stents Market is expected to be driven by critical players’ increasing investments in creating flexible venous stents with high radial strength. Additionally, it is anticipated that the market will experience growth during the projected period due to the increasing prevalence of chronic symptomatic venous illnesses, including chronic deep vein thrombosis, post-thrombotic syndrome, May-Thurner syndrome, and others.

Venous Stents Market

MARKET SUMMARY
-
8.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 8.2%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Venous Stents Market

  • The report on global venous stents market gives historical, current and future market sizes (US$ Mn) on the basis of technology, application, disease, and geography.
  • The venous stents market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • C.R. Bard, Inc.
  • Jotec GmBH
  • Medtronic Plc
  • Veniti, Inc.
  • Becton
Venous Stents Market Dynamics

One of the key reasons fueling market expansion globally is the rapidly growing elderly population. Additionally, there has been an increase in the prevalence of several diseases, including ischemic heart disease, aortic aneurysm, and peripheral artery disease (PAD). Vascular stents are becoming increasingly necessary due to these conditions occurring often. This results from people’s bad eating and active lifestyle choices, which include smoking and drinking excessive amounts of alcohol. The market is also expanding due to rising consumer preference for minimally invasive (MI) procedures. The MI vascular stenting techniques guarantee patients a shorter hospital stay, faster recovery, and higher comfort. Additionally, the market is growing due to the new trend of peripheral and endovascular aneurysm repair (EVAR) stent grafting. However, market limitations may be caused by a lack of knowledge regarding venous stents and expensive stenting costs.


North-America Got Significant Share

Venous Stents Market

The Venous Stents Market in North America is likely to hold a significant revenue share in 2021, and in the following years, it is predicted to increase rapidly. Significant firms and their use of cutting-edge medical technologies to manufacture products are primarily responsible for the largest share in the North American region. In addition, well-developed healthcare infrastructure and significant financial investments in the sector are some of the primary drivers of its market share. In addition, encouraging government initiatives and a rise in research collaboration numbers are anticipated to boost market expansion.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The venous stents market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Venous Stents Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The venous stents market is projected to expand at a CAGR of 8.2% during the forecast period

Precision NanoSystems, Evonik, Merck KGaA, Genevant Sciences, Exelead

North America is the fastest-growing region for venous stents market


Report

Company Profile

  • Boston Scientific Corporation
  • Cook Medical
  • Gore Medical
  • Optimed Medizinische Instrumente GmBH
  • R. Bard, Inc.
  • Jotec GmBH
  • Medtronic Plc
  • Veniti, Inc.
  • Becton
  • Dickinson and Company
  • Medica Germany GMBH & Co. KG.

Description

Venous Stents Market size was valued at USD 916.5 million in 2021 and is poised to grow at a significant CAGR of 8.2% over 2022–2028.  Metal mesh tubes called venous stents expand against constricted or obstructed vein walls. They are the flexible components that support the vascular walls in both peripheral and central veins. The way that venous stents work is identical to how arterial stents work. They are implanted to treat chronic symptomatic venous and occlusion systems disorders. The market for venous stents is anticipated to grow significantly over the forecast period due to the introduction of several efficient technologies for the precise placement of stents in veins and an increase in investment by the major players in developing novel flexible venous stents with high radial strength. The Centers for Disease Control and Prevention estimate that 60,000–100,000 Americans die annually from deep vein thrombosis. According to statistics, there has been a significant increase in the patient base, which is anticipated to spur market expansion. The growing number of older adults susceptible to these ailments is another considerable element driving the market’s growth. A blood clot in a large, deep vein that returns blood from the heart to the leg and, very infrequently, the arm is called a deep vein thrombosis. Furthermore, the legs application market for venous stents emerged as the market leader. Factors like the rising prevalence of deep vein thrombosis and the growing elderly population can be blamed for this high rise. According to the United Nations, there were 962 million people in the world who were 60 or older in 2017; by 2050, that number is predicted to increase to 2.1 billion. The patient pool and elderly population are both growing, which boosts market expansion. Over the upcoming years, the Venous Stents Market is expected to be driven by critical players’ increasing investments in creating flexible venous stents with high radial strength. Additionally, it is anticipated that the market will experience growth during the projected period due to the increasing prevalence of chronic symptomatic venous illnesses, including chronic deep vein thrombosis, post-thrombotic syndrome, May-Thurner syndrome, and others.

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