Gel Stents Market Key Manufacturers, Manufacturing Cost and Competitive Analysis by 2022


In medical terms, a stent is a plastic or a meta tube penetrated into the lumen of an anatomic vessel or duct to keep the passageway open. Stenting is the placement of a stent and there are various ways to insert it. A variety of stents are used for different purpose from expandable coronary, biliary and vascular stents to simple plastic stents to allow the flow of urine between kidney and bladder. Coronary stents and vascular stents are the types of stents. In coronary stents, stenting is carried in coronary arteries (a bio absorbable stent) or a dual-therapy stent. In vascular stents, stenting is carried in peripheral arteries namely peripheral arteries angioplasty. On the other hand, a gel stent is a type of hydrophilic tube comprising porcine gelatin cross-linked with glutaraldehyde.

The stent is a rigid tube, which softens upon hydration. Implantation is identical for all models and due to its flexibility, the implant conforms to the tissue and there are minimum chances of migration and erosion. The surgical technique for implanting gel stent is to insert across the anterior chamber into the quadrant of the eye where implantation is planned. The small incision approach to glaucoma surgery is known as micro invasive glaucoma surgery.

Commercially, population above 40 is more vulnerable to eye diseases and non-functioning of eye structures. Glaucoma being the leading cause for blindness is solely responsible for eye surgeries. Therefore, the most common surgical treatment for glaucoma is trabeculectomy and trabeculoplasty, which are highly effective, though invasive. The key driving factors responsible for the growth of gel stents market includes rising demand for dissolvable stents. Growing geriatric population and high prevalence of coronary disease and heart failure are adding to the growth of the stent market.

Additionally, presence of big players adopting innovative technologies and increasing advances in the domain of interventional cardiology interlinked with minimally invasive techniques is contributing to the market growth. Moreover, constant advancements in healthcare insurance and reimbursement are anticipated to boost the market growth in developed and developing countries. However, the higher costs associated with the stents in emerging countries is likely to impede the growth of the market.

On the basis of type, the global stent market is segmented into coronary stents, drug-elating stents, bare-metal coronary stents, and bio absorbable stents, peripheral stents, Iliac, femoral-popliteal, renal, carotid, stent-related implants, synthetic grafts and vena cava filters. Drug-elating segment dominates the global market with a larger market share. Based on material, the global stent market is segmented into metallic biomaterials, polymers biomaterials and natural biomaterials.

On the basis of geographic segmentation, the global stent market spans North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America is anticipated to be the largest market in terms of value followed by Europe. Factors attributing to the growth of gel stents market includes rise in awareness among people about the advanced technologies and treatment. APAC market is expected to witness a higher CAGR due to the rising interest in novel technology, incidences of glaucoma and emerging economy. The key players in the global stent market include ALLERGAN, AqueSys, Inc. ALLERGAN received FDA clearance for XEN Gel stent for treatment of refractory glaucoma.

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