Press release
Drug Eluting Stents Market: 2024 Global Type, Application, Trends, Demand Service, Share, Industry Size, Growth, Region, Opportunities and Forecast to 2031 | Boston Scientific Corp., Abbott Laboratories, Medtronic Plc.
The Global Drug Eluting Stents Market reached USD 6.3 billion in 2023 and is projected to witness lucrative growth by reaching up to USD 10.2 billion by 2031. The global drug eluting stents market is expected to exhibit a CAGR of 6.4% during the forecast period (2024-2031).DataM Intelligence has published a new research report on "Drug Eluting Stents Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Drug Eluting Stents market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The Drug Eluting Stents (DES) Market involves the production and distribution of stents coated with medication that helps prevent the re-narrowing of arteries after angioplasty procedures. These advanced medical devices are designed to provide localized drug delivery to the arterial walls, reducing the risk of restenosis and improving patient outcomes. The market is driven by the increasing prevalence of cardiovascular diseases, advancements in stent technology, and growing awareness of minimally invasive procedures.
Key Developments:
In May 2023, CoSo Health entered into a distribution agreement with Medinol to market EluNIR, a next-generation thin-strut drug-eluting stent (DES) in the United States. Medinol is recognized for its innovative implantable medical devices, while U.S. Endovascular specializes in selling peripheral and coronary devices across the country.
In April 2022, Translumina announced the launch of VIVO ISAR, a next-generation dual drug polymer-free coated stent (DDCS), in several international markets, including Europe. This device aims to enhance treatment options in interventional cardiology.
In May 2022, Medtronic plc received FDA approval for its Onyx Frontier drug-eluting stent (DES), further solidifying its position as a leader in healthcare technology and expanding its portfolio of cardiovascular devices.
Forecast Growth Projected:
The Global Drug Eluting Stents Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Drug Eluting Stents Market:
Boston Scientific Corp., Abbott Laboratories, Medtronic Plc, Biotronik Inc., Johnson & Johnson, MicroPort Scientific Corporation, Cook Medical Inc., Stentys S.A., Biosensors International Group, and Terumo Corp.
Segment Covered in the Drug Eluting Stents Market:
By Coating: Polymer-based coating stents (Non-biodegradable polymer, Biodegradable polymer), Polymer-free coating stents.
By Application: Coronary Artery Diseases, Peripheral Artery Disease.
By End-user: Hospitals, Ambulatory Surgical Centers, Cardiac Centers.
Regional Analysis:
The global Drug Eluting Stents Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Drug Eluting Stents Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Drug Eluting Stents Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Drug Eluting Stents manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Drug Eluting Stents in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the Drug Eluting Stents Market during the forecast period of 2031?
➡What key factors are driving the Drug Eluting Stents Market across various regions?
➡Who are the leading vendors in the Drug Eluting Stents industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the Drug Eluting Stents Market face?
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