Drug Eluting Stents Market By Product (Polymer Based Coating, Polymer Free Coating), By Application (Peripheral Artery Disease, Coronary Artery Disease) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

World Health Organization in its 2015 statistics has reported that out of the 17 million premature deaths 82 % of the deaths were from the lower and middle income countries, and 37 % of these were due to cardiovascular diseases. The risk factors identified to be associated to the worsening of the disease etiology related to cardiac complications are, binge drinking, smoking, obesity and type 2 diabetes. It is noteworthy to understand that there are no symptoms in the blood vessel diseases, a heart attack or stroke are considered as warning for the underlying diseases. Drug eluting stents finds importance in the cardiovascular complications as it is a minimally invasive surgical procedure, broadens the constricted blood vessels, and is useful in prolonging the life of the patient.

Polymer based coating and polymer free coating has been included in the product segment. Polymer based coating is further sub segmented as non-biodegradable and biodegradable polymer based coatings. Polymer free coating comprises of micro porous surface, microstructured surface, slotted tubular surface and nanoporous surface. The application segment comprises of periphery artery disease and coronary artery disease. With respect to the scope of report market estimation and forecast for the duration 2015-2025 is included in the report.

Major countries showcasing the drug eluting stents market in their respective geographical regions are segmented as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of LATAM
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

Market sizing and data forecast for the country cross sectional has been covered in the scope of the report.

Porter’s five forces model has been included in the scope of the report which give a holistic view regarding the market dynamics prevalent in the drug eluting stents market. Competitive landscape is a very useful study which gives insights regarding the competition faced by the major companies trying to gain a strong foothold in the drug eluting stents market.  The major players in global Drug Eluting Stents market are Stentys, Abbott Laboratories, Inc., Biosensors International Group, Biotronik, Boston Scientific Corporation, Cook Medical, Lepu Medical Technology, Medtronics Plc, Terumo Medical Corporation and Shandong JW Medical Systems.

Drug Eluting Stents Market

Based on application, the global drug eluting stents market is categorized into

  • Peripheral Artery Disease
  • Coronary Artery Disease

Drug Eluting Stents Market

According to the World Health Organization cardiovascular diseases are one of the prime causes of global deaths accounting for 17.7 million deaths each year which represents 31 % of the deaths worldwide. Increased consumption of fast food, profound smoking habit, obesity and stress accounts for the morbidity due to stroke, and heart attacks. It is noteworthy that 80 % of all the cardiovascular deaths are due to either stroke or heart attacks which occur due to narrowing of arteries due to atherosclerotic plaques causing hypertension and reduced supply of oxygen. Coronary artery disease is most prevalent condition in cardiovascular complications due to increasing number of patients suffering with type-2 diabetes, excessive alcohol consumption, high levels of C reactive proteins, and consumption of poor diet deficient in vitamin E, D and C. Peripheral artery disease is precipitating at a faster pace as the blockage of arteries in the proximities causes claudication while walking and climbing, erectile dysfunction in men, and sores and wounds of the feet that heal poorly.

For the purpose of this study, the global drug eluting stents market is categorized into the following regional and country specific markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

Drug Eluting Stents Market

North American dominance is related to the rising prevalence of cardiovascular disease. The American Heart Association in its Heart Disease and Strokes Statistics 2017 has reported that cardiovascular disease is responsible for the deaths of around 800,000 U.S. citizens which is equivalent to one in every three deaths. Sedentary lifestyle, rising consumption of saturated food products contributes towards growth of North America drug eluting stents market. The European market is driven by the rising prevalence of type 2 diabetes and obesity. The presence of pharmaceutical companies manufacturing drug eluting stents represent Europe’s market growth for drug eluting stents. Presence of baby boomer population with cardiovascular complications, increasing public health awareness, and supportive regulatory environment for drug eluting stents drive the Asia Pacific Market. Enhanced Government spending in establishment of developed healthcare centers and foreign direct investment by healthcare medical device manufacturers will have an impressive growth for drug eluting stents market in the Middle East and Africa and Latin America.

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Published Date:  Dec 2017
Category:  Medical Devices
Report ID:   58866
Report Format:   PDF
Pages:   120
Rating:    4.4 (55)
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