Drug Eluting Stent Market in China - Industry Research Report 2015-2019
| Published: Oct 2015 | Pages: 98 | SKU: IRTNTR7180 |
Drug eluting stent market forecasts in China
Drug eluting stent, also known as medicated coronary stent, is a tiny, expandable metal mesh tube that is covered with a pharmacologic agent (drug), which is used to prevent artery blockages in patients after angioplasty. The drug eluting stent market in China presents immense growth opportunities for vendors to expand their businesses during the forecast period, growing at a CAGR of close to 11%.
In recent years, the prevalence of cardiovascular diseases (CVDs) such as stroke, myocardial infarction, and CHDs have increased. The Chinese government is undertaking numerous measures to control and prevent CVDs, however, the mortality and morbidity rates are increasing continuously in the country. The high occurrence of obesity is also another leading cause of the rise in CVD cases in China. These factors will significantly contribute to the drug eluting stent market growth.
Competitive landscape and key vendors
The competitive environment in this market is anticipated to progress with an increase in product extensions and technological innovations in drug eluting stents, which is facilitating vendors to expand their businesses in China. The vendors majorly compete to gain maximum drug eluting stent market share.
Key vendors in this market are
- MicroPort Scientific
- Lepu Medical
- Shandong JW Medical Systems
- Abbott Vascular
- Medtronic
Other prominent vendors include Boston Scientific, Biosensors International, Cook Medical, Opto Circuit, QualiMed, Sinomed, and Terumo Medical.
Growth drivers, challenges, and upcoming trends: Drug eluting stent
Technavio’s market research analysts analyze upcoming trends, such as the high demand for minimally-invasive procedures, escalating from among members of the rapidly increasing elderly population worldwide. This increasing demand is expected to elevate the growth of the drug eluting stent market in China.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the drug eluting stent market in China. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the drug eluting stent market in China?
- What are the key market trends impacting the growth of the drug eluting stent market in China?
- What are the challenges to market growth?
- Who are the key vendors in the drug eluting stent market in China?
- What are the market opportunities and threats faced by the vendors in the drug eluting stent market in China?
- What are the key outcomes of the five forces analysis of the drug eluting stent market in China?
Technavio also offers customization on reports based on specific client requirement.
Related reports
- Highlights
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Stents
- Market overview
- Five force analysis
- Local vendors
- Global vendors
- High prevalence of CVDs
- Advances in technology
- Favorable reimbursement policies
- Low risk of contracting restenosis
- Availability of alternative coronary stents
- Limitations of drug-eluting stents
- Stringent regulations for device approval
- Preference for drugs over stents
- Increased demand for minimally invasive procedures
- Government support for local manufacturers
- Growing popularity of hybrid procedures
- Popularity of medical tourism
- Competitive scenario
- Major vendor analysis 2014
- Other prominent vendors
- MicroPort
- Lepu Medical Technology
- JW Medical Systems
- Abbott Vascular
- Medtronic
- Business overview
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis