TechNavio today launched its report Global Drug-eluting Stents Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Medical tourism is becoming popular globally because of the low-cost procedures in developing countries. Patients from the US and Europe visit countries such as the Philippines, India and China for percutaneous transluminal coronary angioplasty (PTCA) procedures and save around 60“70 percent of the treatment cost. Most of the implants from developed countries are now available in developing countries, and some indigenous manufacturers are offering Drug-eluting Stents (DES) at competitive prices. This attracts overseas patients to seek treatment in developing countries. This increasingly popular trend is expected to have a high impact on the market during the forecast period.”
According to the report, one of the main drivers is the global increase in the aging population. Lower mortality rates, increased life expectancy, and population control in developing countries such as China, India and Japan have resulted in an increase in the aging population. The global aging population is expected to increase massively by 2050. The increase in the aging population results in an increase in PTCA surgeries. This in turn leads to increased use of DES, propelling the growth of the Global DES market.
Further, the report discusses that one of the major challenges in the Global DES market is the decline in the average selling price of DES.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://goo.gl/QuBuo
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Drug-eluting Stents Market 2011-2015
