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Novelty Factor To Define The Parameters Of Exponentiation For The Next Generation Drug Eluting Stent Market

Various types of drug-eluting stents (DES) are available in the market and has dramatically revolutionized the coronary artery disease (CAD) revascularization. This results in the decline in rates of major adverse cardiac events (MACE), and target lesion revascularization (TLR) and become a trend of revascularization in patients with CAD.

Therefore, adoption of first-generation DES such as Cyper (Johnson & Johnson Company), and Taxus (Boston Scientific) is reduced due to certain limitations such as late stent thrombosis. This lead to the introduction of next-generation drug-eluting stents offering lower restenotic rates as compared to bare metal stents (BMS) and permits more complicated lesions to be treated.

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The global next generation drug eluting stent market can be segmented on the basis of polymer type, material type, end-user, and region-

Basis of polymer type

  • Durable polymer
  • Bioabsorbable polymer

Basis of material type

  • Cobalt chromium
  • Stainless steel
  • Others

Basis of end user

  • Hospitals
  • Clinics
  • Ambulatory surgical centers

Basis of region

  • North america
  • Latin america
  • Europe
  • Asia pacific
  • Middle east and africa

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Next-generation drug-eluting stent is a modification of previous developed drug-eluting stent which offers enhanced drug delivery and stent flexibility. The key alteration includes utilization of bioabsorbable polymer and polymer-free drug delivery from stents offers enhancement in terms of safety, drug efficacy, and longer usability.

Since the introduction of drug-eluting stents, various technological advancement has been witnessed to generate a product offering accurate delivery of drug and safety concerns. Geographically, the global next-generation drug-eluting stent market can be segmented into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

The market in North America is anticipated to show the largest market share for the next-generation drug-eluting stent, followed by Europe, owing to the high prevalence and incidence of coronary artery disease.

In addition, the presence of sophisticated healthcare infrastructure, and well-trained healthcare professionals are also impelling the growth of the next-generation drug-eluting stent market.

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The market in the Asia-Pacific region is estimated to grow at the fastest CAGR over the forecast period owing to increasing investment from both public and private bodies and improving healthcare facilities.

Some of the market participants in the global next-generation drug-eluting stent market are Abbott Laboratories, Biosensors International Group, Ltd., Medtronic plc, Sorin Group, SMT, and Terumo Corporation.

The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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