Researchmoz presents this most up-to-date research on"The US Coronary Stent Industry Outlook to 2018 - Bioabsorbable Stents to Drive the Future Growth". The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Market.
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The report titled The US Coronary
Stent Industry Outlook to 2018 – Bioabsorbable Stents to Drive the
Future Growth provides a comprehensive analysis of the various aspects
such as the market size of the US Coronary Stent industry, market
segments i.e. drug eluting and bare metal stents and future outlook of
the industry. The report also covers the market share of major players
in the US.
Coronary stent market in the US has
witnessed a volatile growth trajectory during the last few years.
Recent advancements in coronary stent technology have caused a
considerable number of ups and downs in the coronary stent market’s
growth trajectory. The arrival of technologically advanced stent
designs has led to obsolescence of conventional stents such as bare
mental stents. This paradigm shift in patients’ changing preferences of
stents has hugely affected the coronary stent market revenues in the
country.
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The coronary stent market in the US
has been predominantly occupied by drug eluting stents over the last
few years, owing to its relatively higher efficacy and safety. The
recent advancements in the field of research and medicine have brought
polymer based drug eluting stents in the US market in the recent years.
The market for coronary stents is highly concentrated amongst few PCI
device manufacturers including Boston Scientific, Abbott Laboratories,
Johnson and Johnson and Medtronic. These manufacturers have continued
to offer stent equipments that render rapid, accurate, and more
effective cardiac recovery possible. Boston Scientific, a leading
company PCI devices manufacturing business, accounted for a market
share of ~% in 2012, which increased from ~% in 2011. Innovation in
drug eluting stent designs, such as improved metal choice, high tensile
and coil strength and miniaturization of devices, has promoted the
sales of drug eluting stents in the US market over the last few years.
The coronary stents market in the US
is projected to clock revenues of USD 2,792.1 million by 2018, growing
at CAGR of ~% from 2012-2018. The contribution of drug eluting and bare
metal stents is likely to decrease in the overall coronary stents
market, which will be replaced by latest polymer based bio-absorbable
stents in the coming years. The growing incidences of cardiac diseases
in the country coupled with inclining ageing population will impel the
demand of PCI procedure, which in turn will increase the demand of
coronary stents in the US. The increasing health awareness, inclining
disposable income, improving healthcare infrastructure and introduction
of new technologies are some of the noteworthy factors expected to
influence the market growth in the next five years.
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KEY TOPICS COVERED IN THE REPORT
The market size of the US coronary stent, drug eluting and bare metal stent industry.
Market segmentation of the US coronary stent market on the basis of types of stents.
Market overview and evolution of Bio-absorbable stent market in the US.
Trends and Developments in the US coronary stent industry.
Competitive landscape and company profiles of the major players of the US coronary stent market.
Market share of leading players on the basis of revenues from coronary stents in the US.
SWOT Analysis of the US coronary stent market.
Analyst Recommendation for the companies and sector
Future outlook and projections of the US coronary stent market.
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