Drug-eluting Stent Market by Type and Geography - Forecast and Analysis 2021-2025

Published: Jul 2021 Pages: 120 SKU: IRTNTR70834

The drug-eluting stent market size will grow up to USD 1.57 billion at a CAGR of 4.67% during 2021-2025.

This drug-eluting stent market analysis report entails exhaustive statistical qualitative and quantitative data on type (polymer free coating and polymer-based coating) and geography (North America, Europe, Asia, and ROW) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Drug-Eluting Stent Market Size be in 2021?

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"North America will generate growth across all the years of the forecast period between 2020 and 2025. The year-on-year growth during this period will vary between 3.78% and 4.89%."

 

Drug-Eluting Stent Market: Key Drivers and Trends

Key drivers such as the high prevalence of atherosclerosis are notably supporting the drug-eluting stent market growth. However, one of the foremost factors impeding market growth is the decline in the price of drug-eluting stents. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This drug-eluting stent market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Market Overview

 The parent, global healthcare supplies market, covers products and companies engaged in R&D of a variety of product categories spanned across medical consumables that are used for the diagnosis and treatment of various diseases. Technavio calculates the global healthcare supplies market size based on the combined revenue generated by manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Growth in the global healthcare supplies market will be driven by the following factors: Increasing life expectancy.

Who are the Major Drug-Eluting Stent Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • Biosensors International Group Ltd.
  • BIOTRONIK SE & Co. KG
  • Boston Scientific Corp.
  • Concept Medical Inc.
  • Cook Medical LLC
  • Lepu Medical Technology (Beijing) Co. Ltd.
  • Medtronic Plc
  • Meril Life Sciences Pvt. Ltd.
  • Terumo Corp.

 

From our Porter's five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The drug-eluting stent market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full drug-eluting stent market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the drug-eluting stent market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Drug-Eluting Stent Market?

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The drug-eluting stent market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 32% of the market's growth will originate from North America during the forecast period. The US is the key market for drug-eluting stents in North America.

North America has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is the favorable reimbursement scenario. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Drug-Eluting Stent Market?

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The drug-eluting stent market share growth by the polymer free coating segment has been significant. The drug-eluting stent market report provides a comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides thorough drug-eluting stent market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the drug-eluting stent market size.

Drug-Eluting Stent Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.67%

Market growth 2021-2025

$ 1.57 billion

Market structure

Fragmented

YoY growth (%)

4.24

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 32%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, Biosensors International Group Ltd., BIOTRONIK SE & Co. KG, Boston Scientific Corp., Concept Medical Inc., Cook Medical LLC, Lepu Medical Technology (Beijing) Co. Ltd., Medtronic Plc, Meril Life Sciences Pvt. Ltd., and Terumo Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Drug-Eluting Stent Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive drug-eluting stent market growth during the next five years
  • Precise estimation of the drug-eluting stent market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the drug-eluting stent market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of drug-eluting stent market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Polymer free coating - Market size and forecast 2020-2025
    • Polymer-based coating - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Abbott Laboratories
    • Biosensors International Group Ltd.
    • BIOTRONIK SE & Co. KG
    • Boston Scientific Corp.
    • Concept Medical Inc.
    • Cook Medical LLC
    • Lepu Medical Technology (Beijing) Co. Ltd.
    • Medtronic Plc
    • Meril Life Sciences Pvt. Ltd.
    • Terumo Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • 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

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    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?

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    • Parent market analysis
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    • 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