Coronary Stents Market in India 2012

  • Product Code:
    RP-ID-10081672
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    48
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-13

Impact Analysis on the Growth of Market

Inflation and looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The medical device market is a thriving segment of the healthcare industry in India. Rise in the number of hospitals and increasing requirement of healthcare facilities on account of the changing demographics and increasing lifestyle diseases is creating a need for sophisticated devices and equipments which can provide accurate treatment to individuals. The global market for medical devices is also growing rapidly and India has joined the bandwagon of being one of the fastest growing countries in this respect. In such an industry, the market for coronary stents is also showing considerable potential. Although the market is mostly dominated by multinationals at present, a few Indian companies have also been able to successfully enter the market. The growing target base of consumers is expected to boost sales and the market is expected to exhibit steady growth in future.

The report begins with an introduction of coronary stents and their classification based on the material they are made of and whether they are coated with any drug. The market overview section provides the market size and growth, both value-wise and volume-wise for the overall market. Market size and growth, both value-wise and volume-wise, for the individual segments have also been provided.

This is followed by an analysis of the drivers fueling growth in the market which includes increasing lifestyle diseases, improving health infrastructure, changing demographics, increasing healthcare spending and insurance coverage, and advancements in technology and medical procedures. The key challenges identified include the problems associated with usage and constant need for innovation and new product development. The involvement of government in this industry is also included. It discusses the role of the government in regulating the industry and its implications. The plans of the government to regulate price of stents and the steps taken regarding this have also been included in this section.

The competition section provides an overview of the competitive landscape in the industry and includes a detailed profile of the major players in the market. It includes the list of products and services, key people, financial snapshot, key ratios and key recent developments for the major players. For public companies, their key business segments and key geographic segments have also been provided.

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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1. Opto Circuits (India) Ltd.
2. Abbott India Ltd.
3. B. Braun Medical (India) Private Ltd.
4. Invent Bio-med Pvt. Ltd.
5. Lancer Medical Technology Pvt. Ltd.
6. Meril Lifesciences Pvt. Ltd.
7. Sahajanand Medical Technologies Pvt. Ltd.
8. India Medtronic Pvt. Ltd.
9. MIV Therapeutics (India) Pvt. Ltd.
10. Boston Scientific India Pvt. Ltd.
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