Market Research Logo

Global Drug-Eluting Stent Market 2016-2020

About Drug-Eluting Stent

Drug-eluting stents, also known as medicated coronary stents, are used to inhibit artery blockages that may occur in patients after an angioplasty surgery. A drug-eluting stent is a tiny, expandable metal mesh tube, which is covered with a pharmacologic agent (drug). Drug-eluting stents are used to treat patients that suffer from atherosclerosis that can occur because of hypertension, smoking, a sedentary lifestyle, or a high-cholesterol diet. After a patient undergoes angioplasty, there is a chance that the artery might close again because of blood clots or excessive growth of the surrounding tissues. To address this problem, drug-eluting stents are placed in the artery, preventing it from narrowing or clogging. Thus, drug-eluting stents eliminate the need for repeated revascularization procedures that are used to treat restenosis (narrowing of blood vessels). Restenosis of an artery occurs because of the body’s natural immune response to an injury. Drug-eluting stents help in reducing the arterial blockage and ensure smooth blood flow through the arteries.

Technavio’s analysts forecast the global drug-eluting stent market to grow at a CAGR of 3.45% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global drug-eluting stent market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of drug-eluting stent products.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Drug-Eluting Stent Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Abbott Laboratories
  • Biosensors International Group
  • Boston Scientific
  • Medtronic
  • Terumo Corporation
Other prominent vendors
  • Biotronik
  • Cook Medical
  • Envision Scientific
  • Lepu Medical
  • Meril Life Sciences
  • MicroPort Medical
  • Opto Circuits
  • Shandong JW Medical Systems
  • STENTYS
Market driver
  • High prevalence of atherosclerosis diseases
  • For a full, detailed list, view our report
Market challenge
  • Decline in price of drug-eluting stent
  • For a full, detailed list, view our report
Market trend
  • Increasing partnership and collaboration activities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Drug-Eluting Stent Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Drug-Eluting Stent Market: Abbott Laboratories, Biosensors International Group, Boston Scientific, Medtronic, and Terumo Corporation.

Other Prominent Vendors in the market are: Biotronik, Cook Medical, Envision Scientific, Lepu Medical, Meril Life Sciences, MicroPort Medical, Opto Circuits, Shandong JW Medical Systems and STENTYS.

Commenting on the report, an analyst from Technavio’s team said: “The drug-eluting stent market is a matured market with the presence of many vendors. To survive in the competitive environment, maintaining the market share is important that will lead to an increase in mergers and acquisitions, sales agreements, and distribution agreements.”

According to the report, an increase in the incidence of atherosclerosis diseases such as angina, heart attack, stroke, and transient ischemic attack is the primary driver for the growth of the global drug-eluting stent market. A drug-eluting stent is used in the treatment of atherosclerosis diseases. Rise in obesity, excessive smoking, diabetes, alcohol consumption, and unhealthy lifestyle are the major factors that contribute to the increased incidence of atherosclerosis diseases.

Further, the report states that the declining average selling price of drug-eluting stents is however impeding market growth. The competition in the market has increased with the growing presence of many local vendors. This factor pushes vendors to adopt a competitive pricing strategy that results in the decline in the price of products, affecting the profit margins of global vendors.

Companies Mentioned

Abbott Laboratories, Biosensors International Group, Boston Scientific, Medtronic, Terumo Corporation, Biotronik, Cook Medical, Envision Scientific, Lepu Medical, Meril Life Sciences, MicroPort Medical, Opto Circuits, Shandong JW Medical Systems, STENTYS.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Drug-eluting stents: An overview
    • Table Treatment options: Percutaneous coronary intervention
    • Table Cross section of a stent
    • Table Agents used in drug-eluting stents
    • Table History of drug-eluting stent
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global drug-eluting stent market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Drugs employed in drug-eluting stents
    • Table Classification of drugs used in drug-eluting stents
  • Geographical segmentation
    • Table Segmentation of global drug-eluting stent market by geography 2015
    • Table Segmentation of global drug-eluting stent market by geography 2020
    • Table Segmentation of global drug-eluting stent market by geography 2015-2020
    • Drug-eluting stent market in Americas
      • Table Drug-eluting stent market in Americas 2015-2020 ($ billions)
    • Drug-eluting stent market in EMEA
      • Table Drug-eluting stent market in EMEA 2015-2020 ($ billions)
    • Drug-eluting stent market in APAC
      • Table Drug-eluting stent market in APAC 2015-2020 ($ billions)
  • Key leading countries
    • Table Key leading countries
    • US
      • Table Market share of key leading countries in global drug-eluting stent market 2015
    • China
    • Germany
    • Japan
  • Market drivers
    • High prevalence of atherosclerosis diseases
    • Favorable reimbursement scenario
    • Reduced risk of contracting restenosis
    • Technological advancements
      • Table List of major biodegradable-coated drug-eluting stent products 2015
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Decline in price of drug-eluting stents
    • Availability of alternative procedures
    • Preference for drugs over stents
    • Risk of late-stage thrombosis
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increasing partnership and collaboration activities
    • Growing popularity of hybrid procedures
    • Growing focus on emerging countries
      • Table Estimated healthcare spending in BRIC countries in 2015 ($ billions)
  • Vendor landscape
    • Competitive scenario
    • Market share analysis 2015
    • Key vendor analysis
      • Abbott Laboratories
        • Table Abbott Laboratories: Key takeaways
    • Biosensors International
      • Table Biosensors International: Business segmentation by revenue 2015
      • Table Biosensors International: Key takeaways
    • Boston Scientific
      • Table Boston Scientific: Business segmentation by revenue 2014
      • Table Boston Scientific: Geographical segmentation by revenue 2014
      • Table Boston Scientific: Key takeaways
    • Medtronic
      • Table Medtronic: Key takeaways
    • Terumo
      • Table Terumo: Key takeaways
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report