Bioabsorbable Stents Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023
INDORE, INDIA, September 27, 2018 /EINPresswire.com/ — According to the OMR analysis, the global bioabsorbable stent market is expected to decline during forecast period 2018-2023. The global bioabsorbable stent market has witnessed its growth to slow down due to poor outcomes and poor intimal healing after the procedure of implantation. The global bioabsorbable stent market is segmented on the basis of polymer type, drugs, applications, end users and geography. The report provides detailed and insightful chapters on market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights.
Full report of global bioabsorbable stent market is available at: https://www.omrglobal.com/industry-reports/bioabsorbable-stents-market/
“A slow adoption rate has been witnessed in the market for bioabsorbable stent due to the high risk of complications associated with its implantation. There was an increasing shift towards the bioabsorbable stent from the conventional metallic drug-eluting stents (DES). However, recent data from the clinical trial has changed the perception. As a result of which, the players in the market are about to end the sell of bioabsorbable stent. For instance: the clinical trial of the ABSORB stent by Abbott showed poor outcomes with no long-term benefits. In addition, the clinical trial showed a significant increase in the target lesion failure. As a result of which, Abbott has decided to pull of the sales of its bioabsorbable stent as of September 2017. In addition, another major player Boston Scientific has halted its investment for this technology. The end of the sale of bioabsorbable stents by such market players may result into the end of the market in the coming years.”
The market on the basis of geography is divided among four major regions which includes North America, APAC, Europe, and Rest of the world. North America has been dominating the bioabsorbable stent market due to highest healthcare spending, sophisticated healthcare system, and large pool of target population. The rise in the number of cardiovascular patient and increasing medical tourism in the APAC region, economic developments and government reforms, especially in countries such as China and India, are supporting market growth in this region.
The report covers:
Comprehensive research methodology of Global Bioabsorbable Stents Market.
This report also includes detailed and extensive market overview with Analyst insights & key market trends.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Global Bioabsorbable Stents Market.
Insights about market determinants which are stimulating the Global Bioabsorbable Stents Market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
For related reports please visit: https://www.omrglobal.com/reports-category/healthcare/
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Global Bioabsorbable Stents Market Research By OMR
Source: EIN Presswire