The global dual therapy stents market registered a CAGR of over 4.1% during the forecast period 2019–2025. Dual therapy stents or coronary artery stent is a small, metal mesh tube that is made to expand inside a coronary artery and it is placed during or immediately after angioplasty. The stent helps prevent the artery from closing again. The stent contains medicine implanted to help prevent the artery from closing.
Some of the key players in the market are OrbusNeich, Medtronic plc, Alvimedica, B.Braun and Ostial Corporation.
Increasing prevalence of arterial disease globally to boost the global dual therapy stents Market
The rising prevalence of coronary artery disease (CAD) globally is contributing towards the market growth of dual therapy stents. According to the data published in Center for Disease Control (CDC), CAD is one of the most common disease resulting in killing 3,65,914 people in 2017 and 2 in 10 deaths occurs due to CAD in adult population lesser then 65 years of age. Thus, the rising number of CAD worldwide is driving the market growth and projected to drive the market growth over the forecast period.
The global dual therapy stents market is bifurcated on the basis of the product, end-user, and regional analysis. Based on the product, the market is divided into single use and multiple use. Based on the end-user, the market is divided into Hospitals, speciality clinics and ASCs.
The Asia Pacific Region Expected to Witness fastest Growth in the Global DUAL THERAPY STENTS Market
Based on geographical analysis, the global dual therapy stents market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The growth of the dual therapy stents market across Asia Pacific is due to rapidly improving healthcare infrastructure, rising incidence of coronary artery disease and heightening older age population suffering from this disease. For instance, in 2017, a published article in BMJ journal states that the burden of coronary artery disease (CAD) has spiked in the last three decades in low-income and middle-income Asian countries. The disease contributed to 20% deaths in India. The rising burden of CAD has increased due to a higher prevalence of risk factors related to the changing lifestyle.
“Dual Therapy Stents Market - By Usage Type (Single use, Multi use) and By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers (ASCs) and By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.”
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The global dual therapy stents market is segmented as follows:
By usage type:
-Ambulatory Surgical Centers (ASCs)
-Rest of Europe
-Rest of Asia Pacific
-Rest of Latin America
Middle East & Africa
-Rest of Middle East & Africa
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