Market Definition
A drug-eluting stent (DES) is a type of stent that is placed in the body to help keep blood vessels open. It is coated with a medication that is slowly released over time to help prevent the formation of scar tissue, which can lead to a blockage of the vessel. The drug-eluting stent is most often used in the coronary arteries to help treat coronary artery disease (CAD).
Market Dynamics
The first trend is the development of biodegradable polymer stents. Traditional DES are made from stainless steel and are coated with a polymer and a drug. This polymer is designed to slowly release the drug over time, allowing for sustained therapeutic action. However, these polymers can remain in the body for long periods, which can cause inflammation and an increased risk of thrombosis. Biodegradable polymer stents are designed to dissolve over time, allowing for the drug to be released and then removed from the body. These stents are thought to be safer and more effective than traditional DES.
Further, the development of drug/polymer combinations. Traditional DES uses a single drug and polymer, but new devices are being developed that combine multiple drugs and polymers. This allows for the release of multiple drugs with different therapeutic effects, allowing for better control of the therapeutic action. This is especially important for complex coronary artery lesions, where multiple drugs may be needed to achieve optimal results.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers, and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segments
The market can be segmented by type, scaffold, drug, end user, and region. By Type, the market can be divided into Coronary Stenting and Peripheral Stenting. By Scaffold, the market can be divided into cobalt-chromium, Platinum-Chromium, Nitinol, and Others. By Drug, the market can be divided into Sirolimus, Paclitaxel, Zotarolimus, Everolimus, and Others. By End User, the market can be divided into Hospitals and Specialty Clinics. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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Key Player
The market includes players such as Abbott Laboratories (United States), Boston Scientific Corporation (United States), Terumo Corporation (JP), Medtronic plc (IE), Biosensors International (SG), Cook Medical (United States), B. Braun (DE), Biotronik (DE), Lepu Medical Technology (CN)
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porter 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Forecast Period – 2024-2033
- Base Year – 2023
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