Product Code: ETC8851214 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The self-expanding stents market in the Philippines is growing as cardiovascular diseases become more prevalent. These stents, used for treating blocked arteries, provide better flexibility and adaptability compared to traditional stents. Advances in minimally invasive procedures and increasing healthcare awareness are fueling market expansion.
The self-expanding stents market in the Philippines is witnessing growth due to increasing cardiovascular diseases and advancements in minimally invasive surgical procedures. These stents, which automatically expand upon placement, offer improved patient outcomes and faster recovery times. The rising elderly population and improved healthcare access are key drivers of market expansion.
The self-expanding stents market in the Philippines struggles with issues related to regulatory approval, cost, and medical professional adoption. Self-expanding stents, while effective, are complex to manufacture and require rigorous regulatory scrutiny, which can delay market entry. The cost of these devices is also higher than traditional stents, limiting their accessibility, particularly in lower-income segments. Additionally, there is a need for more education and training for healthcare professionals on the correct usage and benefits of these devices.
The self-expanding stents market in the Philippines is expanding as more patients undergo minimally invasive procedures for conditions such as coronary artery disease. Self-expanding stents are designed to automatically adjust to the size of the vessel, ensuring proper placement and reducing the need for follow-up procedures. As the healthcare sector in the Philippines evolves with more advanced medical technologies, there is an increasing demand for such devices. This market offers investment opportunities for companies in the medical devices sector, especially those focused on innovations in stent design and materials.
The Self-Expanding Stents Market in the Philippines is driven by healthcare reforms under the Universal Health Care (UHC) Act, which aims to provide wider access to advanced medical treatments, including cardiovascular procedures. The government has supported the adoption of innovative medical technologies, such as self-expanding stents, by making them more accessible in public hospitals through subsidy programs. Policies also foster partnerships with international manufacturers to introduce state-of-the-art medical devices that improve patient outcomes in cardiovascular interventions and reduce the burden of heart-related diseases.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Self-Expanding Stents Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Self-Expanding Stents Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Self-Expanding Stents Market - Industry Life Cycle |
3.4 Philippines Self-Expanding Stents Market - Porter's Five Forces |
3.5 Philippines Self-Expanding Stents Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Self-Expanding Stents Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Self-Expanding Stents Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Philippines Self-Expanding Stents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Self-Expanding Stents Market Trends |
6 Philippines Self-Expanding Stents Market, By Types |
6.1 Philippines Self-Expanding Stents Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Self-Expanding Stents Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Self-Expanding Stents Market Revenues & Volume, By Gastrointestinal Self-Expanding Stents, 2021- 2031F |
6.1.4 Philippines Self-Expanding Stents Market Revenues & Volume, By Carotid Self-Expanding Stents, 2021- 2031F |
6.1.5 Philippines Self-Expanding Stents Market Revenues & Volume, By Endovascular Self-Expandable Stents, 2021- 2031F |
6.1.6 Philippines Self-Expanding Stents Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Self-Expanding Stents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Self-Expanding Stents Market Revenues & Volume, By Fem-Pop Artery, 2021- 2031F |
6.2.3 Philippines Self-Expanding Stents Market Revenues & Volume, By Iliac Artery, 2021- 2031F |
6.2.4 Philippines Self-Expanding Stents Market Revenues & Volume, By Carotid Artery, 2021- 2031F |
6.2.5 Philippines Self-Expanding Stents Market Revenues & Volume, By Biliary, 2021- 2031F |
6.2.6 Philippines Self-Expanding Stents Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Self-Expanding Stents Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Philippines Self-Expanding Stents Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Philippines Self-Expanding Stents Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.4 Philippines Self-Expanding Stents Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Self-Expanding Stents Market Import-Export Trade Statistics |
7.1 Philippines Self-Expanding Stents Market Export to Major Countries |
7.2 Philippines Self-Expanding Stents Market Imports from Major Countries |
8 Philippines Self-Expanding Stents Market Key Performance Indicators |
9 Philippines Self-Expanding Stents Market - Opportunity Assessment |
9.1 Philippines Self-Expanding Stents Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Self-Expanding Stents Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Self-Expanding Stents Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Philippines Self-Expanding Stents Market - Competitive Landscape |
10.1 Philippines Self-Expanding Stents Market Revenue Share, By Companies, 2024 |
10.2 Philippines Self-Expanding Stents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |