Stents are the tubes or other devices that placed in the body to generate a passage between hollow spaces. And stenting is process of placement of such stent in the body. Stents are used in both vascular as well as in non- vascular organ for various reasons such as palliation of transient and chronic obstructions of natural circulatory pathways that enable the transfer of air, bodily fluids, and other substances that are involved in systemic metabolic and energy exchange.Non-vascular stents are generally used to make a pathway in vessels of the body especially the arteries and veins that carry blood and lymph.
Presently, non-vascular stents global market drives by the technological advancement in healthcare global industry, rising disease prevalence of cancer and urolithiasis, increase in the aging population.Non-vascular stents global market drives by the rapid technological advancement in healthcare global industry, increase in the aging population, rising prevalence of cancer and urolithiasis, preference for minimally-invasive solutions, increased life expectancy. However, burden of rising regulation, proving long-term efficacy, pricing pressures, and medical devices excise taxes are some major barriers for this market.
With rapid technological advancement, increase in the aging population, and rising prevalence of cancer and urolithiasis. The non-vascular stents global market is expected to have a healthy growth rate in the forecast period (2012-2025).Depending on geographic region, global non-vascular stents market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.North America, Europe and Asia Pacific are the leading market regions for this market due to the rapid technological advancement and large aging population.
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Some of the key participating players in non-vascular stents global market are Boston Scientific Corporation, Covidien plc. Cook Medical, Allium Medical Solutions Ltd., Novatech Health Care, ConMed, W. L. Gore & Associates Inc., C.R. Bard, Merit Endotek, Micro-Tech (Nanjing) Co., Ltd, and others