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North American Coronary Stents Market Will Continue to Grow by 2020

Press Release   •   Feb 06, 2017 03:10 EST

North American coronary stents market may be categorized into various segments. On the basis of its type, North American coronary stents market can be segmented into mechanical heart valves, Tissue /Bio-Prosthetic Heart Valves and Non-Invasive/ Transluminal Heart Valves. Mechanical heart valves can be segmented into percutaneous implantation and thoracotomy/ sternotomy implantation. Tissue /bio-prosthetic heart valves can be segmented into isograft/allograft/ homografts /autografts and heterografts/ xenograft. Non-invasive/ transluminal heart valves include expandable heart valve and exchangeable heart valve (without stent).

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Some of the major factors that have been driving the North American coronary stents market are aging population, increase in the prevalence of heart diseases and technological advancement in the region. In addition, other factors such as good reimbursement scenario and no better healthcare facilities in other neighboring countries such as Canada have been driving the North American coronary stents market. However, factors such as high cost involved and lack of experienced professionals are restraining the North American coronary stents market.

Increase in the medical tourism holds a good opportunity for growth of North American coronary stents market. In addition, growing demand for innovative products with improved characteristics is expected to drive the North American coronary stents market. Some of the latest trends that have been observed in North American coronary stents market include the growing popularity of bioabsorbable stents.

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Some of the major companies that have been involved in North American coronary stents market are Abbott Laboratories, Medtronic, Inc, Cordis Corporation, Covidien, Inc. and Boston Scientific Corporation.

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