Drug Eluting Stents Market Size And Forecast


The Global Drug Eluting Stents Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Drug Eluting Stents Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

According to Verified Market Research, The Global Drug Eluting Stents Market was valued at USD 5.22 Billion in 2019 and is projected to reach USD 7.47 Billion by 2027, growing at a CAGR of 4.60 % from 2020 to 2027.

What is Drug-Eluting Stents?
Drug-eluting stents are metal stents that have been coated with a pharmacologic drug to widen the narrowed blood vessel. DES is also known as a medicated coronary stent that has a coating of paclitaxel, everolimus, and also antiproliferative drugs. The main objective of DES is to limit neointimal hyperplasia. First-generation DES include sirolimus-eluting stents and paclitaxel-eluting stents, second-generation DES includes zotarolimus and everolimus eluting stents. During a procedure, a surgeon inserts a stent in the coronary artery. The medication or drug is gradually released into the blood vessel. The stent supports artery walls and prevents plaque from blocking the blood flow and helps blood flow more freely to the heart.

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Drug-eluting stents helps in preventing plaque build-up, regulating good blood flow to heart, and relieve chest pain, and lower chances of having a heart attack. The application of DES is found in heart treatments, coronary artery bypass surgery, reduce risk of chest pain, heart attack and stroke.

Global Drug Eluting Stents Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rising prevalence of cardiovascular diseases, aging population, and good reimbursement facilities, are the factors propelling the growth of the Drug Eluting Stents Market. Advancements in DES, obese population, and growing acceptance for minimally invasive endovascular surgeries are the drivers that might boost DES market growth for the forecast period.
However, lack of skilled healthcare professionals, alternatives for drug-eluting stents, frequent product recall, and severe regulatory approval process is hampering the growth of the market. Whereas increasing healthcare spending, a growing number of outpatient procedures, and market enlargement opportunities in emerging nations are providing more lucrative opportunities for the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Drug Eluting Stents Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Drug Eluting Stents Market Competitive Landscape
The “Global Drug Eluting Stents Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Boston Scientific Corporation, Abbott, Medtronic, Biosensors International Group Ltd., MicroPort Scientific Corporation, Terumo Corporation, STENTYS SA, Cook, Medinol Ltd., Biotronik, and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Drug Eluting Stents Market, By Product
• Polymer-Based
• Polymer-Free
• Others

Drug Eluting Stents Market, By Application
• Coronary Diseases
• Peripheral Vascular Diseases

Drug Eluting Stents Market, By End-User
• Hospitals
• Ambulatory Surgical Centers
• Cardiology Centers
• Others

Drug Eluting Stents Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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