Press release
Drug Eluting Stent Market Size, Status And Forecast 2020-2025 | Boston Scientific Corporation, Terumo Corporation, Abbott Laboratories, Medtronic
The report discusses many vital industry facets that influence Drug Eluting Stent acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.The drug eluting stent market is expected to register a CAGR of 5.3% during the forecast period. The drug eluting stent is a semi-rigid, tube-like device which is made of metal and coated with medication that is slowly released or eluted which helps to block cell proliferation. The introduction of the drug eluting stent (DES) has further pushed the medical technology to a new standard of care.
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The drug eluting stents are of different types, first, second and third-generation DESs (drug eluting stents). First-generation drug eluting stents significantly decreased the risk of in-stent restenosis observed with bare-metal stent (BMS), their use was complicated by late and very late stent thrombosis. Second generation drug eluting stents have decreased risk and the rate of one-year stent thrombosis. There are three main components in drug eluting stent, the metal stent structure generally made up of surgical stainless steel or a cobalt-chromium alloy, metal stent coating contains the drug and delivers (elutes) it to the arterial wall over a period of time and the drug itself which suppresses the formation of excess tissue. Rapid technological advancements in stent designs and delivery systems have been reducing the cases of restenosis, even for the most complex lesions. The most recent generation of drug-eluting stents, are associated with a significant reduction in the risk of early and late thrombosis.
Drug Eluting Stent Market Segmentation:
Top leading Manufactures Profiled in Drug Eluting Stent Market Report are:
Boston Scientific Corporation, Terumo Corporation, Abbott Laboratories, Medtronic Plc, Biotronik SE & Co. KG, Biosensors International Group, Ltd, MicroPort Scientific Corporation, Cook Medical, Stentys SA
Drug Eluting Stent Market Scenario:
Polymer Free Coating Stents Segment is Expected to Hold a Major Market Share in the Drug Eluting Stent Market
- Polymer free coating stents comprise microporous stents and inorganic coatings that can be drug-loaded. Several drugs such as tacrolimus, paclitaxel, sirolimus, and probucol have been used in the design of carrier-free stents.
- According to the World Health Organization (WHO), globally cardiovascular diseases (CVDs) are the number 1 cause of death, an estimated 17.9 million each year suffer from cardiovascular diseases. Four out of 5 cardiovascular deaths are due to strokes and heart attacks, and one-third of deaths occur prematurely in people under 70 years of age.
- Polymer free coating stents segment holds a significant market share in the drug eluting stent market and is anticipated to show a similar trend over the forecast period due to higher drug loading capacity of nanoporous surfaces and quicker drug eluting rate.
- Rise in the geriatric population, increasing prevalence of cardiovascular diseases and growing demand for minimally invasive surgeries are the key driving factors in the polymer-free coating stents segment.
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Competitive Landscape
The Drug Eluting Stent Market is consolidated competitive and consists of few major players. Some of the companies which are currently dominating the market are Boston Scientific Corporation, Terumo Corporation, Abbott Laboratories, Medtronic Plc, Biotronik SE & Co. KG, Biosensors International Group, Ltd, MicroPort Scientific Corporation, Cook Medical, Shandong JW Medical Systems and Stentys SA.
The key insights of the Drug Eluting Stent Market report:
─The report provides key statistics on the market status of the Drug Eluting Stent market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
─The Drug Eluting Stent market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
─The report estimates 2020-2026 market development trends of Drug Eluting Stent Market.
─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
─The report makes some important proposals for a new project of Drug Eluting Stent Industry before evaluating its feasibility.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
In conclusion, Drug Eluting Stent market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Drug Eluting Stent Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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