Rise in the public health awareness and increased government funding in medical sector with cardiac treatment centers, supportive regulatory environment for drug eluting products, increasing prevalence of heart diseases are key factors contributing to high CAGR of Drug Eluting Stents during forecast period.
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Key players mentioned in the research report are:
Terumo Corporation, Biosensors, Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Biotronik SE & Co. KG, MicroPort Scientific Corporation
In terms of applications, the global Drug Eluting Stent market can be segmented into:
Coronary Artery Disease
Peripheral Artery Disease
In terms of Coating, the global Drug Eluting Stent market can be segmented into:
Polymer based coating
Polymer free coating
The Drug Eluting Stent Market is analyzed on the basis of dynamics of demand and supply, pricing, total volume produced, revenue generated, and others. The manufacturing is studied on the basis of several factors such as manufacturing plant distribution, industry production, production capacity, and research and development. It also delivers accurate market evaluations with the use of SWOT analysis, investment analysis, returns analysis, and growth trend analysis, and others.
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For geographical segmentation, regional supply, application-wise, and type-wise demand, key players, and others, this report covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report sheds light on the competitive landscape of the market that covers the product offerings, services, market shares, and business overview. This Drug Eluting Stent Market research report covers various dynamic aspects like the market drivers, restraints and challenges, and growth prospects. The prominent and leading companies are profiled in the report.
Further key findings from the report suggest
• Drug eluting stents are coated with medication that is slowly released to prevent the growth of scar tissue in the artery lining. Thus, the artery remains smooth, open, ensuring good blood flow.
• There are three key components to a drug eluting stent – the metal stent structure also called the stent platform which is generally made up of surgical stainless steel or a cobalt chromium alloy; these all contain nickel.
• There are two major types of polymer-based coatings included in the drug eluting stent market such as biodegradable and non-biodegradable polymer. Microporous surface, microstructured surface, slotted tubular surface, and nanoporous surface are types of polymer free coating
• Polymer coating can be conformal, inhibiting smooth cell proliferation over the entire surface of the stent, or abluminal, i.e. the release of the drug only has an effect on the surface in contact with the vessel wall
• On the basis of coating, polymer free coating stents segment in the global drug eluting stent market is anticipated to dominate the global drug eluting stents due to higher drug loading capacity of nanoporous surfaces, quicker drug eluting rate.
• On the basis of applications, coronary artery disease is expected to be the largest segment in the global drug eluting stents because of rise in the circulation of c reactive proteins, binge drinking and smoking
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