The global biodegradable drug eluting stents market size was valued at USD X billion in 2021 and is poised to grow at a significant CAGR of 7.5% during the forecast period 2022-28. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Biodegradable Drug Eluting Stents Market: By material (Metallic Alloy Stents, Polymeric Stents), Application (Coronary Artery Disease, Peripheral Artery Disease), end-user,(Hospitals ardiac Centers) Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)- Global/Region/Country Forecast to 2028” 

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Growing ageing population fuels the Biodegradable Drug Eluting Stents Market:
Drug-eluting stents are coronary stents positioned into narrowed coronary arteries, which release the drug slowly for the purpose of blocking cell proliferation. Usually, metal is used in the producing these devices and remain on permanent basis or can be removed following further surgery process. Impairment of imaging with multislice CT Hindrance of surgical revascularization and predisposition to late stent thrombosis are drawbacks of metal stent. Material which dissolves or absorbs in the body is used to make biodegradable drug-eluting stents. These are temporary and there is no requirement of further surgery for the stent removal. These stents are also known as bioresorvable stents naturally dissolving stents. Boston Scientific Corporation obtained U.S. Food and Drug Administration (FDA) approval in October 2015 for the synergy bioabsorbable Polymer Drug-Eluting Stent System (BP-DES) to treat coronary artery disease. Less consciousness amid healthcare experts regarding biodegradable stents in developing and developed regions and risk of complications in use is projected to hinder the biodegradable drug eluting stents market growth over the evaluation time span.

Biodegradable drug growth is impelled by growing ageing population and increasing cases of coronary artery illnesses. Moreover, biodegradable drug-eluting stents have different benefits over the conventional metal stents like fast curing process, no need of further surgery for removing stent and rapid restoration of blood flow are the factors anticipated to bolster market.

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North America dominates Biodegradable Drug Eluting Stents Market:
On the basis of regional analysis, biodegradable drug eluting stents market has been categorized into major regions such as Latin America, North America, Europe, Asia Pacific, Africa and Middle East. U.S. represents the biggest market due to the increasing cases of cardiovascular illnesses particularly coronary artery illnesses. Asia Pacific is anticipated to witness considerable growth rate because of the growing consciousness regarding biodegradable drug eluting stents in the region. China, India and Japan in Asia region are anticipated to witness considerable growth rate due to the increase in the occurrence of chronic illnesses including cardiac diseases and diabetes that are anticipated to fuel the demand for biodegradable drug eluting stents over the evaluation time span.

Competitive Analysis - Biodegradable Drug Eluting Stents Market:
Major players working in the biodegradable drug eluting stents market such as Biosensors International Group (Singapore), Abbott Laboratories (U.S), Medtronic (U.S.), B. Braun Holding GmbH & Co. KG (B.Braun Melsungen) (Germany), Boston Scientific Corporation (U.S.) and Terumo Corporation (Japan).

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