Next Generation Drug Eluting Stent Market is Projected to Expand at a CAGR of 7.5% from 2023 to 2030, According to IBI
The rise in the prevalence of cardiovascular disorders, technological developments in stent design and development, and greater interest in minimally invasive procedures are all blamed for the market’s expansion. The cobalt-chromium segment is anticipated to hold the greatest market share by type in 2022. In terms of application, hospitals are anticipated to hold the greatest market share in 2022. A type of medical device called a next-generation drug-eluting stent (NGDES) is used to maintain arteries open after a heart attack. NGDESs are devices composed of metal and plastic that function by slowly dispensing medication over time to assist avoid the development of scar tissue surrounding the stent. In response to the presence of a foreign body in the artery, new blood vessels may form, increasing the risk of blockage (restenosis), which is decreased.
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The Global Next Generation Drug Eluting Stent Market is expected to grow at a CAGR of 7.5% from 2023 to 2030. The Market Research Report 2023-2030 is an in-depth analysis of the Global Next Generation Drug Eluting Stent Market. Based on historic growth analysis and the current scenario of the Next Generation Drug Eluting Stent Market place, the report intends to offer actionable insights into Global market growth projections. Authenticated data presented in the report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate a deeper understanding of multiple aspects of the Global Next Generation Drug Eluting Stent Market. This further helps users with their developmental strategy.
Who are the Top key players in the Next Generation Drug Eluting Stent market?
Abbott, Biosensors International, Medtronic, Sorin Group, SMT, Terumo, and Others.
Which Is the Most Potential Next Generation Drug Eluting Stent market segment?
The Most important types covered in this report are:
- Cobalt-Chromium
- Stainless Steel
- Others
The Most important Applications covered in this report are:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
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Drug-eluting stent (DES) technology developments will continue to fuel market expansion. The prevalence of cardiovascular disorders is on the rise, which will increase demand for DES products. Growing public knowledge of DES’ advantages over conventional bare-metal stents will spur market expansion. Market expansion will be fueled by rising healthcare costs and bettering DES product reimbursement circumstances. Players in the next-generation DES market, etc., are expected to find profitable prospects in developing nations like China and India. In order to offer a sturdy, long-lasting, and biocompatible platform for the drug-eluting coating, cobalt-chromium is employed in next-generation drug-eluting stents (NGDES). Additionally, it is utilized to speed up drug delivery and lower the danger of restenosis, which is the re-narrowing of the artery brought on by tissue development after the placement of a stent. By slowly delivering the medication, this kind of stent is intended to provide a longer-lasting therapeutic impact.
Which Region Dominated The Next Generation Drug Eluting Stent Market?
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Next Generation Drug Eluting Stent Market these regions, from 2023 to 2030 (forecast), covering
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
- Historical Years: 2017-2021
- Base Year: 2022
- Estimated Year: 2022
- Forecast Period: 2023-2030
What Is the Main Objective of the Report?
The Global Next Generation Drug Eluting Stent market report provides a holistic evaluation of the market for the forecast period (2022-2030). The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. The Next Generation Drug Eluting Stent market report growth depends on product application, type, technology, and region. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.
Strategic Points Covered in Table of Content of Next Generation Drug Eluting Stent Market:
Chapter 1: Introduction
Chapter 2. Executive Summary
Chapter 3. Industry Outlook
3.1. Next-Generation Drug Eluting Stent Global Market Segmentation
3.2. Next Generation Drug Eluting Stent Global Market Size and growth prospects, 2015 – 2026
3.3. Next Generation Drug Eluting Stent Global Market Value Chain Analysis
3.3.1. Vendor landscape
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Porter’s Analysis
3.6.1. Threat of New Entrants
3.6.2. Bargaining Power of Buyers
3.6.3. Bargaining Power of Buyers
3.6.4. Threat of Substitutes
3.6.5. Internal Rivalry
3.7. PESTEL Analysis
Chapter 4. Next Generation Drug Eluting Stent Global Market Product Outlook
Chapter 5. Next Generation Drug Eluting Stent Global Market Application Outlook
Chapter 6. Next Generation Drug Eluting Stent Global Market Geography Outlook
6.1. Next-Generation Drug-Eluting Stent Industry Share, by Geography, 2022 & 2030
6.2. North America
6.2.1. Next Generation Drug Eluting Stent Market 2022 -2030 Estimates and Forecast, by Product
6.2.2. Next Generation Drug Eluting Stent Market 2022 -2030, estimates and forecast, by application
6.2.3. The U.S.
6.2.4. Canada
6.3. Europe
6.3.3. Germany
6.3.4. the UK
6.3.5. France
Chapter 7. Competitive Landscape
Chapter 8. Appendix
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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