TechNavio today launched its report Drug-eluting Stent (DES) Market in Japan 2011“2015 based on an in-depth study. The report aims to aid decision makers™ understanding of the key trends impacting the growth of this regional market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said, The growth of the DES market in Japan is driven by robust economic growth and a high acceptance of social security schemes in Japan. An interventional cardiology procedure performed with the use of DES is quite expensive. To ensure that these devices are affordable, the Japanese Government is providing easy reimbursement options for DES procedures. Both governmental and private medical insurance companies are making these devices more affordable for patients by providing reimbursement for such treatments.
According to the report, vendors are undertaking multiple research projects and technological developments in attempts to refine and redesign the DES to make it better and more efficient. Recently, a new DES made from a biodegradable magnesium alloy combined with a slow-release drug was designed and implanted in a patient. This device has the ability to keep the artery open, prevent re-clogging, and also eliminates the longer term disadvantages associated with DES such as late-stage thrombosis.
Further, the report also discusses various challenges impacting the growth of this market including the presence of alternative coronary stents.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/drug-eluting-stent-market-japan-2011-2015
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TechNavio Announces the Publication of its Report “ Drug-eluting Stent Market in Japan 2011“2015
