When
a coronary artery is narrowed by the accumulation of fatty acids,
also known as plaque, the blood flow to heart is reduced which result
in the chest pain and if the blockage increases the blood flow to the
heart is further reduced and might lead to cardiac arrest. To reduce
the chances of heart attack, a tiny wire mesh tube is inserted in the
artery with a balloon catheter, called cardiovascular stents. The
balloon inflates, stent expands and keeps the artery open, which
helps in the proper flow of blood to the heart. The patients
undergoing angioplasty and stents has a quick rate of recovery as the
stents prevents the re-narrowing of the arteries compared with the
patients who has cardiovascular artery bypass surgery.
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Increasing
cardiovascular surgeries leads to higher market value for
cardiovascular stents
Many
people are diagnosed by cardiovascular disease nowadays, it is
important to develop new medical instruments and solutions which will
help cure those diseases. Therefore the use of coronary or
cardiovascular
stents is adopted in clinical practices which should have the
clinical evidence, improved outcomes and physician’s experience.
One of the drawback for the cardiovascular stent market is the
increase prices of coronary stents. However, by using cost
–containment policies and appropriateness criteria they can reduce
the cost and in future the price of cardiovascular stents will
decrease. The increasing geriatric population in the countries will
be one of the reason to enhance the growth of this market. China has
more number of aged people so stents producers are more likely to tap
this market. According to WHO report in 2015 people died from
cardiovascular diseases, representing 31% of all global deaths. On
the preventions measures for this the global cardiovascular stents
market is expected to grow in the future.
Drug
eluting absorbable metal scaffold, a new class of absorbable metal
scaffold
According
to the technological trends of cardiovascular stents market, Bio
-absorbable Polymer-coated drug Eluting Stents become available in
the US market, which are the enfold type of DES. The Circulatory
System Devices Panel of the FDA’s Medical Devices Advisory
Committee has approved application for the Absorb GT1 Bioresorbable
Vascular Scaffold System. The DREAMS (Drug-Eluting Absorbable Metal
Scaffold) device is a fully bioresorbable scaffold made from a
magnesium alloy covered with a polymer and sirolimus drug coating,
this new class of absorbable metal scaffolds has the potential to
become available in the United State market. The stent-on –wire is
also a new type of coronary stent available which is a Drug eluting
coronary fixed wire systems. There are some other coronary stents
newly developed which are Tryton Side Branch Stent, PK Papyrus
Covered Stent.
Major
players to lead in the cardiovascular stents market
The
key players operating the cardiovascular stents market include
Medtronic, St. Jude Medical, Boston scientific, and Edward
Lifesciences, Abbott laboratories, Johnson &Johnson, Getinge,
Terumo, W. L. Gore & Associates, and Lepu Medical Technology.
Drug
Eluting Stents have much better angiographic and clinical results as
compared to other type of segment in the cardiovascular stents Market
The
global cardiovascular stents market is segmented on the basis of
product type:
•
Drug Eluting stents
•
Bare Metal Stents
•
Bio-absorbable stents
The
global cardiovascular stents market is segmented on the basis of
material type
•
Carbon
•
Silicon carbide
•
Titanium Nitride Oxide
•
Cobalt Chromium
•
Platinum Chromium
•
Other stents
The
global cardiovascular stent market is segmented on the basis of end
user
•
Hospitals
•
Cardiac centers
•
Ambulatory surgical centers
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