Coronary Stent Industry 2015 & 2017 Forecasts for China & Global Markets in New Research Reports at ReportsnReports.com
Dallas, TX (PRWEB) August 09, 2013 -- The recent research report “Research on China Coronary Stent Industry, 2013-2017” takes a view that, from the aspects of market scale, the annual growth rate of stent system will remain 8% globally on the whole. At present, cardiac Interventional surgeries in some developed countries, such as Europe, America, Japan, are comparatively mature, so the annual growth rate will continue to remain 3%-5%. While the stent system market of emerging countries represented by China, the annual growth rate will remain 10%-15% in the next five years, the usage quantity (sale volume) of stent system will reach 1.299 million sets.
The demand for Interventional medical care products has increased continuously with the improvement of living quality and the coming of aging society; PCI (percutaneous coronary intervention) surgical cases also increased year by year. In 2012, the usage quantity of coronary stent was about 633,600 sets and the market scale reached CNY 3.15 billion in China.
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The overall market share of domestic brands decreased to 65% in 2012 from 70% in 2011. However, the landscape of the Top 3 enterprises was not changed; Microport still occupied the leading position with a 23 % market share, following by LePu and Shandong JW with 21% and 20% market shares respectively.
In 2012, the major foreign brands Boston Scientific, Medtronic and Abbott strengthened the marketing efforts, and the market share of the three brands reached about 33% in China.
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Key Enterprises in Coronary Stent Industry:
1. Boston Scientific
2. Medtronic
3. Abbott
4. MicroPort
5. Lepu Medical
6. JW Medical Systems
According to global report “Global Coronary Stents - Market Growth Analysis 2009-2015” (http://www.reportsnreports.com/reports/237181-global-coronary-stents-market-growth-analysis-2009-2015.html) - Global coronary stents industry forecasts to reach at US$7 billion by 2015 at a CAGR of 9.1% during the analysis period 2009-2015. The North American segment accounts for nearly 35% of the global value while Europe claims nearly 25% of the market. Asia-Pacific is the fastest growing region with a CAGR of 11.2% driving a market value of US$2.2 billion by 2015. On a global scale, projections for drug eluting stents market value indicate nearly 65% by 2015 leaving the rest of the market to the base metal and absorbable varieties. By technology PERSE is the fastest growing market.
Report Focus:
The report ‘Global Coronary Stents – Market Growth Analysis, 2009-2015’ reviews the latest trends in the coronary stents industry with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations. The report primarily focuses on:
Emerging Market Trends
Advancements in the Technological Space
Market Demand Of The Segments (By-Region)
Key Growth Areas and Market Size
Region-Wise Demand Factor
Key Competitors Edge
Investment Strategies
The report covers the market analysis by product types and by technology. The subdivisions are as:
- By Product
a. Drug eluting stents
b. Bare metal stents
c. Absorbable stents
- By Technology
a. Diamond carbon coating
b. PERSE
c. Antibody coating
The period considered for the study analysis is 2009-2015. The region wise distribution of the market consists of North America (USA and Canada), Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (Japan, China, India, New Zealand, South Korea, Australia and Rest of Asia-Pacific), Latin America (Brazil, Argentina and Rest of Latin America) and Rest of World (South Africa, Middle East and Rest of Rest of World). Incorporating the recession impacts on the industry, the market growth rate in the major economies such as the U.S., Japan, China etc. are estimated individually for the upcoming years.
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