Press release
Global Non-Biodegradable Polymer-based Drug Eluting Stent Market Expected to Reach USD XX Billion by 2032, Driven by Rising Cardiovascular Disease Prevalence and Advancements in Stent Performance
The global Non-biodegradable Polymer-based Drug Eluting Stent market size has shown significant potential for growth. According to the latest report from Dataintelo, the market size, which was valued at USD XX Billion in 2023, is expected to reach USD XX Billion by the year 2032. This expansion, anticipated at a CAGR of XX% during the forecast period from 2024 to 2032, can be attributed to an increase in customer awareness of the high success rate associated with stent implantation.One significant factor driving this anticipated growth is the rising prevalence of cardiovascular diseases which create a greater need for these particular stents. Non-biodegradable polymer-based drug-eluting stents have a non-biodegradable polymer coating that slowly administers a therapeutic drug, and are routinely utilized in the treatment of coronary artery disease. The efficiency of these stents in the prevention of restenosis, coupled with their ability to reduce the need for repeat revascularization procedures and improve patient outcomes, plays a key role in their increasing adoption.
There has been a focal shift in recent times towards the improvement of stent performance. The development of new polymers offering superior biocompatibility, durability, and drug release characteristics is expected to further boost the performance of these stent types. Furthermore, ongoing research into innovative therapeutic drugs and drug combinations may facilitate a broader array of effective, personalized treatment options.
The rising preference for minimally invasive treatment options is steering the enhancements of non-biodegradable polymer-based drug-eluting stents. With their compact and flexible designs, these stents can be delivered through a small skin incision, minimizing surgical trauma and recovery time. The ability of these stents to offer sustained drug delivery directly to the affected area not only improves treatment effectiveness but also reduces the risk of systemic side effects. This blend of minimally invasive delivery and targeted drug delivery positions non-biodegradable polymer-based drug-eluting stents as a viable treatment choice for both patients and clinicians
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/44062
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The non-biodegradable polymer-based drug eluting stent market has been segmented on the basis of๐๐ญ๐๐ง๐ญ ๐๐ฒ๐ฉ๐
โ Coronary Stents
โ Peripheral Stents
๐๐๐ญ๐๐ซ๐ข๐๐ฅ
โ Metallic Stents
โ Polymer Stents
๐๐ง๐-๐ฎ๐ฌ๐๐ซ
โ Hospitals
โ Cardiac Centers
โ Ambulatory Surgical Centers
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ ๐&๐๐ฆ๐ฉ;๐ ๐๐๐๐ข๐๐๐ฅ
โ Biotronik
โ Cardiocom
โ Debiotech
โ Evident Health Services
โ ๐ ๐ฎ๐ณ๐๐๐จ๐ฑ
โ Gemalto/Cinterion
โ Home Healthcare Hospice and Community Services (HCS)
โ IBM
โ LG
โ Loyola Medical Center
โ McKesson
โ Royal Philips
โ Samsung
The non-biodegradable polymer-based drug eluting stent market can be categorized into several segments, including stent type, material, end-user, and geographical region. It can be further broken down based on the stent type into coronary stents and peripheral stents. The material used for these stents can further determine the segment, as they are primarily made from either metallic or polymer materials. The metallic stents have been traditionally utilized due to their strength and durability, while polymer stents have gained popularity due to their flexibility and lower risk of complication. The market segments also vary based on the end-users which consist of hospitals, cardiac centers, and ambulatory surgical centers.
In terms of geographical distribution, the non-biodegradable polymer-based drug eluting stent market spans across various regions such as Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The North American market has witnessed significant growth due to the rising prevalence of cardiovascular diseases and advanced healthcare infrastructure. In contrast, the Asia Pacific region is expected to witness the fastest growth owing to the increasing population, growing awareness about health, and improvements in healthcare infrastructure. Market players play a crucial role in the expansion and growth of this market. Key players such as A&D Medical, Biotronik, FuzeBox, and others contribute to the industry's dynamics by introducing innovative products, investing in research and development, and implementing strategic collaborations
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/44062
Market Drivers:
1. Rising geriatric population: The prevalence of chronic diseases such as cardiovascular diseases among the aging population is one of the leading factors driving the growth of the non-biodegradable polymer-based drug eluting stent market.
2. Advancements in technology: Continuous technological advancements in the production and design of drug-eluting stents have helped to improve their efficiency and safety, thereby driving their demand.
3. Increasing prevalence of cardiac disorders: With lifestyle changes leading to an increase in stress levels, there has been a steep ascent in the number of cardiac disorders, which further fuels the demand for non-biodegradable polymer-based drug eluting stents.
4. Favorable reimbursement policies: The presence of favorable reimbursement policies in developed countries has allowed for the enhanced adoption of drug-eluting stents, aiding market growth.
Opportunities:
1. Growing healthcare expenditure: With increasing healthcare expenditure across the globe, the demand for innovative healthcare products such as non-biodegradable polymer-based drug-eluting stent is expected to increase, presenting an opportunity for market growth.
2. Expansion into emerging markets: Emerging markets present significant growth opportunities due to the developing healthcare infrastructure, rising medical tourism, and increasing prevalence of cardiac diseases.
3. Development of bioresorbable stents: Although they are in the early stages of development, bioresorbable stents present a promising alternative to traditional non-biodegradable polymer-based stents. This represents a potential opportunity for market growth, as they can provide longer-term benefits and fewer complications for patients.
4. Increasing number of angioplasty procedures: As the frequency of angioplasty procedures increases, the use of drug-eluting stents will also rise, providing further opportunities for growth in the market.
5. Investment in research and development: Investment in R&D for the creation of better, more effective drug-eluting stent solutions could provide significant opportunities for market expansion
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/44062
This report from Dataintelo should be purchased by businesses, market researchers, strategizers, decision-makers, and marketers who aim to make data-driven business decisions and devise strategic plans. Investors interested in understanding the market trends, and competitive landscape may also find this report beneficial.
Dataintelo is an ideal platform because it offers a wide range of comprehensive market research reports across various industries, providing rich insights into market dynamics, trends, and forecasts. The reports are meticulously curated by a team of expert analysts, ensuring precise, reliable and up-to-date information. Dataintelo offers customization options to meet specific business needs and provides continuous after-sales support, enhancing customer satisfaction and usability of the reports. With Dataintelo, one can leverage the power of data and analytics to drive business growth, improve innovation, and maintain a competitive edge in the marketplace
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