© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Drug-Eluting Bioabsorbable Stents Market analysis research and trends report for : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Europe dominates the drug eluting bioabsorbable stents market followed by North America. Increasing aged population, established healthcare infrastructure, and rising awareness among patients for these devices in developed countries, such as Germany, the UK, and France, will accelerate the market size.  U.S. drug eluting bioabsorbable stents market will witness a significant growth over the coming years. Increasing prevalence of coronary artery diseases, sedentary lifestyle, and growing elderly population base will fuel the demand for drug eluting stents. Giant players, such as Abbott and Biosensors International, are developing innovative bioabsorbable stents to reduce the complications post percutaneous coronary intervention procedures.  APAC is poised to be the fastest growing drug eluting bioabsorbable stents market over the forecast timeline. Developing economies, such as India, China, and Japan, will witness a tremendous growth owing to the increasing elderly patient pool, rising prevalence of obesity leading to cardiac diseases, and rising government initiatives. Regional Analysis of Drug-Eluting Bioabsorbable Stents Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Drug-Eluting Bioabsorbable Stents Market :  Based on the application, the market is categorized into coronary artery diseases and peripheral artery diseases. The coronary segment is leading the market and will continue to witness a tremendous growth in the future due to the growing elderly patient pool, increasing prevalence of obesity, escalating number of deaths due to cardiac diseases, and increasing coronary interventions procedures.   Rising incidence of peripheral artery disease propels the demand for peripheral drug eluting stents. Rising geriatric population and technological innovations in this field are factors responsible for the increased demand for peripheral stents. However, the high cost of devices and complications associated with stents will hamper this segment’s growth.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the prominent players in this market include Medtronic, B.Braun Melsungen, Abbott Laboratories, Boston Scientific Corporation, Medtronic, Biosensors International, and Terumo Corporation. To expand the product portfolio and capture higher market share, these players are focusing on unique growth strategies such as acquisitions, mergers, and new product launches.  Some of the other notable industry vendors are MicroPort Scientific Corporation, Alvimedica, Biotronik, Elixir Medical Corporation, and Innovative Health Technologies. These players are adopting collaborations and geographic expansion growth strategies to enhance their manufacturing capabilities as well as increasing their presence across the globe. Competitive Market Share of Drug-Eluting Bioabsorbable Stents Market :

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