Drug-Eluting Bioabsorbable Stents Market growth outlook with industry review and forecasts

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Drug-Eluting Bioabsorbable Stents Market analysis
research and trends report for 2016-2024 Global
Market Insights Inc.
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Regional Analysis of Drug-Eluting Bioabsorbable
Stents Market

• Europe dominates the drug eluting bioabsorbable
  stents market followed by North America.
  Increasing aged population, established
  healthcare infrastructure, and rising awareness
  among patients for these devices in developed
  countries, such as Germany, the UK, and France,
  will accelerate the market size.
• U.S. drug eluting bioabsorbable stents market
  will witness a significant growth over the coming
  years. Increasing prevalence of coronary artery
  diseases, sedentary lifestyle, and growing
  elderly population base will fuel the demand for
  drug eluting stents. Giant players, such as
  Abbott and Biosensors International, are
  developing innovative bioabsorbable stents to
  reduce the complications post percutaneous
  coronary intervention procedures.
• APAC is poised to be the fastest growing drug
  eluting bioabsorbable stents market over the
  forecast timeline. Developing economies, such as
  India, China, and Japan, will witness a
  tremendous growth owing to the increasing elderly
  patient pool, rising prevalence of obesity
  leading to cardiac diseases, and rising
  government initiatives.

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• Application Analysis of Drug-Eluting
  Bioabsorbable Stents Market
• Based on the application, the market is
  categorized into coronary artery diseases and
  peripheral artery diseases. The coronary segment
  is leading the market and will continue to
  witness a tremendous growth in the future due to
  the growing elderly patient pool, increasing
  prevalence of obesity, escalating number of
  deaths due to cardiac diseases, and increasing
  coronary interventions procedures.
• Rising incidence of peripheral artery disease
  propels the demand for peripheral drug eluting
  stents. Rising geriatric population and
  technological innovations in this field are
  factors responsible for the increased demand for
  peripheral stents. However, the high cost of
  devices and complications associated with stents
  will hamper this segments growth.

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Competitive Market Share of Drug-Eluting
Bioabsorbable Stents Market

• Some of the prominent players in this market
  include Medtronic, B.Braun Melsungen, Abbott
  Laboratories, Boston Scientific Corporation,
  Medtronic, Biosensors International, and Terumo
  Corporation. To expand the product portfolio and
  capture higher market share, these players are
  focusing on unique growth strategies such as
  acquisitions, mergers, and new product launches.
• Some of the other notable industry vendors are
  MicroPort Scientific Corporation, Alvimedica,
  Biotronik, Elixir Medical Corporation, and
  Innovative Health Technologies. These players are
  adopting collaborations and geographic expansion
  growth strategies to enhance their manufacturing
  capabilities as well as increasing their presence
  across the globe.

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