Press release
Next-Generation Drug-Eluting Stent Market Driven by Elevating a Number of Geriatric Population On Global Level During 2017-2025
The report analyzes and presents an overview of "Next-Generation Drug-Eluting Stent Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025" worldwide.Next-generation drug-eluting stent market is primarily driven by elevating a number of geriatric population on the global level as they are at high risk of developing arterial disorders. In addition, increasing prevalence and incidence of atherosclerosis pertaining to unhealthy lifestyle and obesity are also driving the growth of the next-generation drug eluting stents market. For instance, according to the research conducted, more than 15.8 million individual is suffering from coronary artery disease, and approximately 8 million of them have has heart attack.
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However, factors such as reduction in the drug-eluting stents pricing, and availability of alternative therapy procedure are the major obstacle to the market growth of next-generation drug eluting stent. Increasing preference for drugs over the surgical procedure of stent implants and increased risk of developing late-stage thrombosis are limiting the growth of next-generation drug-eluting stent market.
The global next generation drug eluting stent market can be segmented on the basis of polymer type, material type, end-user, and region.
On the basis of polymer type, global next generation drug eluting stent market can be segmented as:
Durable Polymer
Bioabsorbable Polymer
On the basis of material type, global next generation drug eluting stent market can be segmented as:
Cobalt chromium
Stainless Steel
Others
On the basis of end user, global next generation drug eluting stent market can be segmented as:
Hospitals
Clinics
Ambulatory surgical Centers
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On the basis of region, global next generation drug eluting stent market can be segmented as:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Next-generation drug-eluting stent is a modification of previous developed drug-eluting stent which offers enhanced drug delivery and stent flexibility. The key alteration includes utilization of bioabsorbable polymer and polymer-free drug delivery from stents offers enhancement in terms of safety, drug efficacy, and longer usability. Since the introduction of drug-eluting stents, various technological advancement has been witnessed to generate a product offering accurate delivery of drug and safety concerns.
Geographically, global next-generation drug-eluting stent market can be segmented into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The market in North America is anticipated to show the largest market share for the next-generation drug-eluting stent, followed by Europe, owing to the high prevalence and incidence of coronary artery disease. In addition, presence sophisticated healthcare infrastructure, and well-trained healthcare professionals are also impelling the growth of next-generation drug eluting stent market. The market in Asia-Pacific region is estimated to grow at fastest CAGR over the forecast period owing to increasing investment from both public and private bodies and improving healthcare facilities. However, market in the Middle East & Africa shows the steady growth during the forecast period.
Some of the market participants in the global next generation drug eluting stent market are Abbott Laboratories, Biosensors International Group, Ltd., Medtronic plc, Sorin Group, SMT, and Terumo Corporation.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
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