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Growth in the Biodegradable Stents Market gathers pace as CVDs lead to 31% of global deaths

06-14-2019 01:42 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Growth in the Biodegradable Stents Market gathers pace as CVDs

DataM Intelligence 14 June, 2019
Tallinn, Estonia
The market research report on ‘Global Biodegradable Stents Market – Size, Share and Forecast (2019-2026)’ is the latest offering from DataM Intelligence. This report provides expert analysis into the size, scope, magnitude, key players and future trends in this industry.

Global Biodegradable Stents Market Dynamics

According to World Health Organization (WHO), in 2016, approximately 17.9 million people died due to cardiovascular diseases (CVDs) which represent 31% of the total global deaths, and 85% of these deaths were due to heart attack and stroke. In addition, according to Australian Heart Foundation, cardiovascular disease (CVD) is a major cause of death in Australia, with 43,477 deaths attributed to CVD in Australia in 2017.

Source- https://www.datamintelligence.com/research-report/Biodegradable-stents-market

Hence, the rising prevalence of CVD is driving the growth of biodegradable stents market.

Biodegradable Stents Market Segmentation

On the basis of material, polymer-based biodegradable stents held the largest market size in 2018, and estimated to account highest share over the forecast period. Polymer-based biodegradable stents are made of materials that can be completely absorbed in the body.

Biodegradable Stents Market Geographical Share

Europe is dominating the global biodegradable stents market, currently, with highest market size in 2018 and is further estimated to remain the largest market share holder over the forecast period (2019-2026), due to increasing adoption rate of biodegradable stents.

The Asia-Pacific biodegradable stents is also growing at the highest CAGR over the forecast period (2019-2026) due to rising prevalence of hypertension and diabetes in Asia Pacific, patients suffering from these conditions have high possibility for cardiovascular diseases.

Biodegradable Stents Market Competition Size

New product launches along with increased focus on R&D are ways the leading players improve their market presence.
In April 2019, A US$ 1.41 million project was started with a collaboration between the UK-based medical device company Arterius and the Translational Biomedical Research Centre (TBRC) at the University of Bristol, to develop new type biodegradable stent

Checkout the space below to gather a free sample market research report-
https://www.datamintelligence.com/research-report/Biodegradable-stents-market

Following content is contained in this report-
1.Global Biodegradable Stents Market Methodology and Scope
2.Global Biodegradable Stents Market – Market Definition and Overview
3.Global Biodegradable Stents Market – Executive Summary
4.Global Biodegradable Stents Market – Market Dynamics
5.Global Biodegradable Stents Market – Industry Analysis
6.Global Biodegradable Stents Market – By Product Type
7.Global Biodegradable Stents Market – By Material
8.Global Biodegradable Stents Market – By End-Users
9.Global Biodegradable Stents Market – By Region
10. Global Biodegradable Stents Market – Competitive Landscape
11. Company Profiles
12. Global Biodegradable Stents Market – Premium Insight

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About DataM Intelligence

DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

DMI is currently strengthening its cross-industrial database for sectors including Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and, Automation among others.

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