Product Code: ETC8852811 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Surgical stents, primarily used in cardiovascular and urological procedures, are gaining traction in the Philippines due to an increase in lifestyle-related diseases. Technological advancements and the introduction of drug-eluting and bioresorbable stents are reshaping this market. Local demand is supported by both public health initiatives and the increasing availability of stenting procedures in private hospitals.
The Philippines Surgical Stents market is witnessing steady growth with the increasing prevalence of cardiovascular diseases and urological disorders. Surgical stents are vital for maintaining vessel or duct patency during or after surgery. The market is supported by a growing elderly population, rising incidences of chronic diseases, and improvements in medical technology and healthcare accessibility.
The Philippines Surgical Stents market faces challenges concerning the accessibility of advanced stent options, which can provide more effective treatment for cardiovascular and other related conditions. The high cost of stents, particularly for advanced types like drug-eluting stents, limits their availability in public hospitals, which serve a significant portion of the population. There is also the challenge of a limited number of trained cardiovascular specialists to perform the necessary procedures using these stents.
Surgical stents, used to support or hold open bodily passages, are critical in a wide range of surgeries, especially in vascular, urinary, and gastrointestinal procedures. The market for surgical stents in the Philippines is seeing substantial growth due to the increasing incidence of chronic diseases such as cardiovascular conditions and cancer. Investment in the development of biocompatible, non-invasive stents that reduce the risk of complications presents a significant opportunity in this sector.
The surgical stent market in the Philippines is regulated by the FDA, which enforces strict guidelines for the approval and sale of stents. This includes clinical trials to validate the stents effectiveness and safety. Government policies also focus on the accessibility of stents for various healthcare systems, with some public health programs providing coverage for surgeries involving stent insertion, contributing to the expansion of the market.
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 Surgical Stents Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Surgical Stents Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Surgical Stents Market - Industry Life Cycle |
3.4 Philippines Surgical Stents Market - Porter's Five Forces |
3.5 Philippines Surgical Stents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Surgical Stents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Surgical Stents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Surgical Stents Market Trends |
6 Philippines Surgical Stents Market, By Types |
6.1 Philippines Surgical Stents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Surgical Stents Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Surgical Stents Market Revenues & Volume, By Metal Stents, 2021- 2031F |
6.1.4 Philippines Surgical Stents Market Revenues & Volume, By Standard Polymer Stents, 2021- 2031F |
6.1.5 Philippines Surgical Stents Market Revenues & Volume, By Biodegradable Polymer Stents, 2021- 2031F |
6.2 Philippines Surgical Stents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Surgical Stents Market Revenues & Volume, By Hospital, 2021- 2031F |
6.2.3 Philippines Surgical Stents Market Revenues & Volume, By Clinics, 2021- 2031F |
6.2.4 Philippines Surgical Stents Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.2.5 Philippines Surgical Stents Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Surgical Stents Market Import-Export Trade Statistics |
7.1 Philippines Surgical Stents Market Export to Major Countries |
7.2 Philippines Surgical Stents Market Imports from Major Countries |
8 Philippines Surgical Stents Market Key Performance Indicators |
9 Philippines Surgical Stents Market - Opportunity Assessment |
9.1 Philippines Surgical Stents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Surgical Stents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Surgical Stents Market - Competitive Landscape |
10.1 Philippines Surgical Stents Market Revenue Share, By Companies, 2024 |
10.2 Philippines Surgical Stents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |