The new report by Expert Market Research titled, ‘Global Prostate Stents Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global prostate stents market, assessing the market based on its segments like products, materials, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 5%
The prostate stents industry is driven by the rising cases of prostatic obstructions resulting from the ageing process. In this regard, the rapidly expanding geriatric population worldwide and their inability to undergo surgeries due to comorbidities is driving the adoption of prostate stents, which is contributing to the growth of the market. Prostate stents allow the passage of urine in cases of lower urinary tract symptoms (LUTS) and prostatic obstruction. Additionally, the benefits of prostate stents such as reduced requirement for hospitalisation, safe usage, easy administration using local anaesthesia, and non-infectious nature are projected to supplement the market growth in the coming years.
Industry Definition and Major Segments
Prostate stents are minimally invasive medical devices used by men who suffer from prostatic obstruction and are unable to undergo surgery. These obstructions are caused by hormonal changes that occur among men with their growing age that cause urinary retention. In this regard, the prostate stents are placed to keep the urethra open while urinating.
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The prostate stents industry, by product, can be segmented into:
- Permanent
- Temporary
Based on material, the market is classified into:
- Metal
- Plastic
- Others
On the basis of end-user, the market is divided into:
- Hospitals
- Specialty Clinics
- Research and Academic Institutes
- Others
The regional markets of prostate stents include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
There is a rise in demand for minimally invasive techniques such as prostatic stents because of the apprehensions towards surgeries and longer stays in hospital. In addition, the rapid development of healthcare facilities, along with the availability of improved diagnostic and treatment services for prostate-related ailments is also estimated to support the market growth in the forecast period. Furthermore, the increasing investments in the development of bioabsorbable stents is expected to invigorate the market growth. The research and development activities and mergers and acquisitions among the key players are anticipated to provide impetus to the market in the forecast period.
Key Market Players
The major players in the market are Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, and Med pro Medical B.V., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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The Global Bioabsorbable Stents Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the bioabsorbable stents market.
The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Browse the complete Global Bioabsorbable Stents Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/7045-bioabsorbable-stents-market-reportThe report also covers the complete competitive landscape of the global Bioabsorbable Stents market with company profiles of key players such as:Abbott LaboratoriesAmaranth Medical, Inc.Arterial Remodeling TechnologiesArterius Ltd.BiotronikElixir Medical CorporationKyoto Medical Planning Co., Ltd.Meril Life SciencesReva Medical, Inc.SMTTepha, Inc.Xenogenics CorporationA detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments.
This analysis gives a thorough idea about the competitive positioning of market players.
The report also gives information of bioabsorbable stents market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.SEGMENTATIONS IN REPORT:Bioabsorbable Stents Market Analysis By Material:Polymeric StentsMetallic StentsBioabsorbable Stents Market Analysis By Absorption Rate:Fast AbsorptionSlow AbsorptionBioabsorbable Stents Market Analysis By Drug:Limus-Based DrugsPaclitaxel DrugsBioabsorbable Stents Market Analysis By Application:Coronary Artery DiseasePeripheral Artery DiseaseBioabsorbable Stents Market Analysis By End User:HospitalCardiac CentersBioabsorbable Stents Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Bioabsorbable Stents Market @ https://www.decisiondatabases.com/contact/download-sample-7045The Global Bioabsorbable Stents Market has been exhibited in detail in the following chapters –Chapter 1 Bioabsorbable Stents Market PrefaceChapter 2 Executive SummaryChapter 3 Bioabsorbable Stents Industry AnalysisChapter 4 Bioabsorbable Stents Market Value Chain AnalysisChapter 5 Bioabsorbable Stents Market Analysis By MaterialChapter 6 Bioabsorbable Stents Market Analysis By Absorption RateChapter 7 Bioabsorbable Stents Market Analysis By DrugChapter 8 Bioabsorbable Stents Market Analysis By ApplicationChapter 9 Bioabsorbable Stents Market Analysis By End UserChapter 10 Bioabsorbable Stents Market Analysis By GeographyChapter 11 Competitive Landscape Of Bioabsorbable Stents CompaniesChapter 12 Company Profiles Of Bioabsorbable Stents IndustryPurchase the complete Global Bioabsorbable Stents Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-7045Other Reports by DecisionDatabases.com:Global Gastrointestinal Stents Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Vascular Stent Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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