Overview

Renal Stents Market Overview

Renal stents market size is expected to reach around USD 1 billion by 2027 end with a CAGR of around 4.5% during the forecast period, 2020-2027.

Renal stenting is a procedure to open the renal arteries – the large blood vessels that carry blood to the kidneys – when they have become blocked due to renal stenosis (narrowing of the renal artery). This is most often caused by atherosclerosis or fibrous disease of the arteries. When a renal artery is clogged, blood flow to the kidneys is affected. Stenting opens the blockage and restores normal blood flow. There are different types of stents are there based on indications includes double pigtail, open end and closed end stents.

Renal artery stenosis can lead to hypertension, pulmonary edema, nephropathy, renal failure, and others. Renal artery stenosis has a huge impact on patient health condition and requires immediate medical attention. Renal stents have huge applications in treating renal artery stenosis and led to the robust growth of the market. Further, increasing prevalence of renal artery stenosis in diabetic patient fuelled the growth. Renal artery stenosis has a huge impact on healthcare systems and is associated with other medical complications. Because of this, renal stents has a huge importance in treating stenosis. Along with this, renal artery stenosis is more advantageous over traditional methods of treatment as it is minimal invasive and decreases other medical complications.

Asia Pacific is the most opportunistic market space for manufacture due to the high prevalence of renal artery stenosis. It is expected to grow at the highest growth rate during the forecast period. It is further supported by growing economic conditions. North America and Europe regions are major shareholders in the global market and it is expected to remain dominant throughout the forecast period. Latin America and Rest of World represents strong growth opportunities due to highly untapped markets. They are expected to register significant growth rate during the forecast period

Renal Stents market players include
Boston Scientific Corporation, Opti-Med, B. Braun Melsungen AG, Blue Neem Medical Devices Pvt Ltd, Bio-enterprise, Palex Medical, Cook Medical, and others

Renal Stents Market Share, Trends and Size

Renal Stents Market Segmentation

By Stent Type

Double Pigtail Renal Stents
Open End Renal Stents
Closed End Renal Stents

By End User

Hospital
Outpatient Centres
Specialty Clinics

By Region

North America
Latin America
Europe
Asia Pacific
Rest of the World

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global Renal Stents Market by Stent Type, by End-User, and by Region

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies