Permanent Drug-eluting Stents Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2026


#12604

Persistence Market Research

$ 4900

The increasing geriatric population is considered as the primary factor in driving the growth of the global permanent drug-eluting stents market. This is due to the high risk of developing arterial disorders in the geriatric population on a global level. Moreover, the rising prevalence of obesity and unhealthy lifestyle related to atherosclerosis are also major factors responsible for the growth of the global permanent drug-eluting stents market. Furthermore, rising healthcare expenditure and increasing awareness in low middle-income countries are also some of the factors which are responsible for driving the growth of the global permanent drug-eluting stents market. In addition, rising government support and growing research and development activities are also boosting the growth of the permanent drug-eluting stents market. However, the availability of alternative therapies is considered as a major obstacle hampering the growth of the global permanent drug-eluting stents market. Furthermore, the increasing inclination of patients for drugs over surgical procedures is also limiting the growth of the global permanent drug-eluting stents market.

The global market for permanent drug-eluting stents is segmented on the basis of polymer type, end user, and geography.

  • Based on polymer type, the global permanent drug-eluting stents market is segmented into:
    • Bioabsorbable Polymers
    • Durable Polymers
  • Based on end user, the global permanent drug-eluting stents market is segmented into:
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics

After the introduction of permanent drug-eluting stents, numerous technological advancements have been observed to generate a good product offering which provides the accurate delivery of drug and caters to safety concerns. Bioabsorbable polymer-based permanent drug-eluting stents are considered to be safe and effective in actual practice. Based on end users, the global permanent drug-eluting stents market is segmented into hospitals, ambulatory surgical centers, and clinics. It is projected that, among all the end users, hospitals are anticipated to hold the maximum market share in the global permanent drug-eluting stents market.

On the basis of geography, the global permanent drug-eluting stents market is segmented into six key regions, viz. North America, Latin America, Europe, Asia Pacific excluding China, China, and the Middle East & Africa. The North American permanent drug-eluting stents market is projected to register the maximum market share in the global permanent drug-eluting stents market, followed by Europe, due to the high incidence and prevalence of coronary artery diseases and the presence of major permanent drug-eluting stent players in the region. Furthermore, the presence of well-trained healthcare professionals also contributes to the growth of the permanent drug-eluting stents market. The permanent drug-eluting stents market in Asia Pacific is expected to grow at a maximum CAGR over the forecast period, due to improving healthcare facilities and growing investments from both, public and private bodies. However, the permanent drug-eluting stents markets in Latin America and the Middle East and Africa are anticipated to experience steady growth over the forecast period.

Some of the key players in the global permanent drug-eluting stents market are Boston Scientific Corporation, Terumo Corporation, Abbott Laboratories, OSSTEM CARDIOTEC Co., Ltd., and others. In the permanent drug-eluting stents market, a trend has been observed that, leading market players are majorly focusing on expanding their geographical presence and investing in product development. Furthermore, the adoption of various strategies is observed by various players in the permanent drug-eluting stents market to grow at a significant rate.

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.

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.