Drug Eluting Stents (DES) Market Analysis by Growth, Segmentation, Performance, Competitive Strategies and Forecast

PRESS RELEASE
Published May 22, 2023

The universal Drug Eluting Stents (DES) Market document is needed on a continual basis to keep up with the latest market trends and gain a competitive edge in the business market. Drug Eluting Stents (DES) Market research report helps businesses in many ways; it identifies the problem areas in the business, understands the needs of existing customers and the reasons which made them choose service over competitors, identifies new business opportunities and changing market trends, recognizes new areas for expansion, and increases customer base, discovers potential customers and their needs, which can be incorporated into the services. A wide ranging Drug Eluting Stents (DES) Market report is very valuable to set achievable targets for business growth, sales, and latest product developments.

The significant Drug Eluting Stents (DES) Market research report is extremely significant for the success of business endeavours. It helps in strategizing and taking calculated business decisions. The report is useful in pinpointing problems in the existing business model. Understanding the preferences, buying patterns and needs of the customers as well as meeting the needs of customers and evaluating the success gets easy with this marketing document. The report is helpful in identifying new opportunities & ideas for business growth that leads to increased profits and beating business rivals. Drug Eluting Stents (DES) Market survey report generates insights that help to anticipate change and stay relevant.

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Data Bridge Market Research analyses that the drug eluting stents (DES) market is expected to reach the value of USD 10.22 billion by the year 2029, at a CAGR of 5.42% during the forecast period. On the basis of drug, the sirolimus segment is estimated to expand at a high CAGR during the forecast period. Sirolimus is an extensively used drug for stents. Sirolimus coated drug-eluting stents have less late lumen loss and less angiographic restenosis.

Drug Eluting Stents (DES) Market Dynamics

Drivers

  • Increasing cases of cardiovascular diseases

Cardiovascular disease sometime can be tricky to detect so It is a challenge to and a big problem that the number of cardiovascular disease is growing rapidly with growing population but it is driving the market.

  • Rising ageing population

The old and younger population is making a shift as the number of old age people is growing and with that people with disease it also makes it even more hard to treat a patient with old age but it also driving the market.

Additionally, increasing usage of drug eluting stents (DES) for the treatment of atherosclerosis, favourable reimbursement policy, technological advancement and growing popularity of minimally invasive endovascular surgeries  and positively affect the drug eluting stents (DES) market.

Opportunities

Furthermore, rise in prevalence of several cardiovascular diseases such as abnormal heart rhythms, heart attack, heart valve disease, extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, congenital heart diseases, and heart failure function will further expand the drug eluting stents (DES) market’s growth rate in the future.

Some of the major players operating in the drug eluting stents (DES) market are Abbott, B. Braun Melsungen AG, Biosensors International Group, Ltd., BIOTRONIK SE & Co. KG, Boston Scientific Corporation, BD, Medtronic, Cook, Merit Medical Systems, Novatech SA, Terumo Corporation, MicroPort Scientific Corporation, Fuji Systems Corp., MICRO-TECH EUROPE, Vascular Concepts, Olympus Corporation, W. L. Gore & Associates Inc., Boston Scientific Corporation, ORBUSNEICH MEDICAL, Relisys Medical Devices Limited, REVA Medical Inc., Sino Medical Sciences Technology Inc., STENTYS SA, HEXACATH and Cardinal Health among others.

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Recent Development

  • In February 2019, Medtronic received FDA approval for Resolute DES platforms such as the Resolute Onyx and Resolute Integrity DES, for expanded indications such as de novo chronic total occlusion (CTO).

Global Drug Eluting Stents (DES) market Scope

Coating

  • Polymer based coating
  • Biodegradable
  • Non-biodegradable
  • Polymer free coating
  • Microporous surface

End use

  • Hospitals
  • Cardiology centers
  • Ambulatory surgical centers

Application

  • Coronary artery disease
  • Peripheral artery disease

`Major Points Covered in Table of Contents:

An Overview of the Drug Eluting Stents (DES) Market Industry

Manufacturers’ Market Share Production Market Share by Regions

Consumption in Different Regions

Trends in Production, Revenue, and Price by Type

Analysis of the Drug Eluting Stents (DES) Market by Applications

Drug Eluting Stents (DES) Market Industry Company Profiles and Key Figures Drug Eluting Stents (DES) Market Manufacturing Cost Analysis

Customers, Distributors, and Marketing Channel

Market Trends

Research Findings and Conclusions on the Drug Eluting Stents (DES) Market

Data Source and Methodology

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Some of the important question for stakeholders and business professional for expanding their position in the Drug Eluting Stents (DES) Market:

Q 1. Ahead of 2023, which region offers the most lucrative open doors for the Drug Eluting Stents (DES) Market?

Q 2. What are the business threats, as well as the impact of the most recent scenario on market growth and estimation?

Q 3. In terms of applications, types, and areas, what are the most promising, high-development possibilities for the Drug Eluting Stents (DES) Market?

Q 4.What segments of the Drug Eluting Stents (DES) Market are attracting the most attention in 2023 and beyond?

Q 5. Who are the major participants in the Drug Eluting Stents (DES) Market, both now and in the future?

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