Name: Drug Eluting Stents Market - Size, Share, and Forecast to 2025
Brand: Coherent Market Insights

Drug Eluting Stents Market, By Application Type (Coronary artery diseases, Peripheral artery diseases), Product Type (Polymer based coatings, Polymer free coatings), and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Report code : CMI4566 |
Industry :
Medical Devices

Published On : Aug 2017 |
Pages : 150 Pages |
Format :

Drug Eluting Stents – Rise in Prevalence of cardiovascular diseases is anticipated to Fuel the Demand of Drug Eluting Stents Market

Continuous rise in cardiovascular disease cases is expected to support the demand of drug eluting stents which in turn support the growth for drug eluting stents market in near future. Unhealthy dietary habits, lack of exercise, sedentary lifestyles are the major factors resulting in increased prevalence of cardiovascular disease. According to the World Health Organization (WHO) it was estimated in 2015 around 17.7 million people died from CVDs globally among this death around 7.4 million were coronary heart disease and 6.7 million were due to heart stroke.

As per the American Heart Association in the U.S. nearly 801,000 deaths occurred due to cardiovascular in 2016 and around 92.1 million American adults are living with some form of cardiovascular disease from this are 47.7% of female and 46% are males. Furthermore coronary heart disease leads the 45.1% percent death in the U.S, which includes heart failure 8.5%, high blood pressure 9.1% arteries diseases 3.2% and in 2013 around 31% of global deaths was occurred due to cardiovascular diseases.

The global drug eluting stents market was valued at US$ 5912.9 million in 2016 and is expected to witness a robust CAGR of 4.7% during the forecast period (2017 – 2025)

drug eluting stents market

Source: Coherent Market Insights

Rise in chronic disease around the globe and increase in geriatric population expected to support the growth of drug eluting stents market over the forecast period

Asthma is one of the major chronic disease which in turn can cause to heart failed thus this demands in the growth of drug eluting stents market. According to the World Health Organization (WHO) around 235 million people are suffering currently from asthma, it was estimated around 383,000 deaths occurred due to asthma in 2015 and the strong risk factor for asthma are inhaled substances and particles that causes allergic reaction which are exposed in environment. The fundamental causes of asthma can be tobacco smoke, chemical irritants at the workplace and air pollution.

As per the National Institute on Aging the world’s geriatric population in 2015 was around 8.5% and it may rise around 17% by 2050. Whereas according to the United States Census Bureau in the U.S around 44.7 million older population was estimate in 2013 and it may rise around 98.2 million by 2060. This growth of geriatric population may contradict to various diseases such as coronary diseases, and hence will rise the demand for the growth of drug eluting stents market in the future near.

The major key players of drug eluting stents market are Boston Scientific Corporation, Medtronic, Inc., Abbott Laboratories, Biosensors International Group, Biotronik, Lepu Medical Technology, Terumo Medical Corporation, Cook Medical, Shandong JW Medical Systems, Stentys, Abbott Vascular Inc., AlviMedica Medical Technologies Inc., Amaranth Medical, Inc., HangZhou HuaAn Biotechnology Co.,Ltd, XTENT, Inc., CARDIONOVUM GmbH, Cordis Corporation KYOTO MEDICAL PLANNING Co., Ltd.

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Drug eluting stents are small expandable tubes made of wire that are inserted into the coronary arteries of patients with atherosclerosis. Stent helps to hold the artery open to release a drug that prevents blockage occurring in artery and improves the blood flow. This stent placement are generally carried out in the procedure of coronary angioplasty. The drug eluting stents types are bare metal coronary artery stents, coronary artery restenosis, coronary artery stents, coronary revascularization, paclitaxel eluting coronary artery stents, sirolimus eluting coronary artery stents, target vessel revascularization. The coronary artery stents are small cylindrical device used in percutaneous coronary intervention (PCI) this device helps to relieve the symptoms of heart diseases by improving the blood flow through the heart and also reduces the blockages. This type of coronary artery stents are more beneficial for the patients who are suffering from coronary artery diseases such as myocardial infarction. Drug eluting stents mostly consist of 3 parts the sent platform, polymer coating which has 1 to 3 layers of polymers coated and the drug which is mainly to inhibit neointimal growth.

The drug eluting stents plays a major role in angioplasty to treat atherosclerosis, as the procedure is minimally invasive, it is economically beneficial to the patient and helps patient to get cure rapidly.

Market Dynamics

Rise in incidence of cardiovascular disease, heart failure and coronary heart disease cases due to increase in the prevalence of diabetes, obesity, high blood pressure worldwide is expected to favor the demand for drug eluting stents around the globe.

According to the American Heart Association the number of adults living with heart failure were increased around 5.7 million during the year 2009-2012 and was increased around 6.5 million in the year 2011-2014. Currently the number of people with weak heart or with heart failure is projected to rise around 46% by 2030.

Also, increase in obese population and rise in demand for minimally invasive procedures are the other factors leading to the growth of drug eluting stents market in developed as well as emerging economies. According to the National Center for Health Statistics (NCHS), in the U.S. the prevalence of obese was around 36% in adult’s and17% in youth in the year 2011–2014.

Market Taxonomy

This report segments the global drug eluting stents market on the basis of application type, product type and geography. On the basis of product type, the market is categorized into polymer-based coatings and polymer free coatings. Among these, the polymer-based coating segment dominate the drug eluting stents market throughout the forecast period. On the basis of application type the market is segmented into coronary artery diseases and peripheral artery diseases. Among these coronary artery diseases type the holds the largest market share throughout the forecast period. On the basis of geography, the market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among all regions, North America contributes major market share supported by increased incidence rate of cardiovascular disease and growing inclination of the populace towards minimally invasive procedures.

Key features of the study:

This report provides in-depth analysis of the drug eluting stents market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the drug eluting stents market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
The drug eluting stents market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical device companies, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the drug eluting stents market

Detailed Segmentation:

Drug Eluting Stents Market, By Application Type:
- Coronary artery diseases
- Peripheral artery diseases
Drug Eluting Stents Market, By Product Type
- Polymer based coatings
- Polymer free coatings
Drug Eluting Stents Market, By Geography
- North America
  - North America Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - North America Drug Eluting Stents Market, By Product Type
    - Polymer based coatings
    - Polymer free coatings
  - North America Drug Eluting Stents Market, By Country:
    - U.S.
      - U.S. Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - U.S. Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Canada
      - Canada Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Canada Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
- Europe
  - Europe Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - Europe Drug Eluting Stents Market, By Product Type:
    - Polymer based coatings
    - Polymer free coatings
  - Europe Drug Eluting Stents Market, By Country:
    - U.K.
      - U.K. Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - U.K. Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - France
      - France Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - France Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Italy
      - Italy Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Italy Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Spain
      - Spain Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Spain Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Russia
      - Russia Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Russia Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Rest of Europe
      - Rest of Europe Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Rest of Europe Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
- Asia Pacific
  - Asia Pacific Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - Asia Pacific Drug Eluting Stents Market, By Product Type
    - Polymer based coatings
    - Polymer free coatings
  - Asia Pacific Drug Eluting Stents Market, By Country:
    - India
      - India Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - India Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - China
      - China Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - China Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Japan
      - Japan Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Japan Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Australia
      - Australia Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Australia Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - South Korea
      - South Korea Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - South Korea Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - ASEAN
      - ASEAN Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - ASEAN Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Rest of Asia Pacific
      - Rest of Asia Pacific Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Rest of Asia Pacific Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
- Latin America
  - Latin America Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - Latin America Drug Eluting Stents Market, By Product Type
    - Polymer based coatings
    - Polymer free coatings
  - Latin America Drug Eluting Stents Market, By Country:
    - Brazil
      - Brazil Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Brazil Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Mexico
      - Mexico Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Mexico Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Argentina
      - Argentina Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Argentina Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Rest of Latin America
      - Rest of Latin America Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Rest of Latin America Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
- Middle East
  - Middle East Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - Middle East Drug Eluting Stents Market, By Product Type:
    - Polymer based coatings
    - Polymer free coatings
  - Middle East Drug Eluting Stents Market, By Country:
    - GCC
      - GCC Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - GCC Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Israel
      - Israel Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Israel Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Rest of Middle East
      - Rest of Middle East Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Rest of Middle East Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
- Africa
  - Africa Drug Eluting Stents Market, By Application Type:
    - Coronary artery diseases
    - Peripheral artery diseases
  - Africa Drug Eluting Stents Market, By Product Type:
    - Polymer based coatings
    - Polymer free coatings
  - Africa Drug Eluting Stents Market, By Country:
    - North Africa
      - North Africa Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - North Africa Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - Central Africa
      - Central Africa Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - Central Africa Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
    - South Africa
      - South Africa Drug Eluting Stents Market, By Application Type:
        
        Coronary artery diseases
        
        Peripheral artery diseases
      - South Africa Drug Eluting Stents Market, By Product Type:
        
        Polymer based coatings
        
        Polymer free coatings
Company Profiles
- Boston Scientific Corporation *
  - Company Overview
  - Product Portfolio
  - Market Presence
  - Financial Overview
  - Key Developments
  - Strategies
- Medtronic, Inc.
- Abbott Laboratories
- Biosensors International Group
- Biotronik
- Lepu Medical Technology
- Terumo Medical Corporation
- Cook Medical
- Shandong JW Medical Systems
- Stentys
- Abbott Vascular Inc.
- AlviMedica Medical Technologies Inc.
- Amaranth Medical, Inc.
- HangZhou HuaAn Biotechnology Co.,Ltd
- XTENT, Inc.
- CARDIONOVUM GmbH
- Cordis Corporation KYOTO MEDICAL PLANNING Co., Ltd.

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Table of Contents

Research Objective and assumption

Research Objectives
Assumptions
Abbreviations

Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet By Different Segments
- Coherent Attractive Investment Proposition and Total Addressable Market

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers, Restraints and Opportunities
- Regulatory Scenario
- Market Trends
- PEST Analysis

Global Drug Eluting Stents Market, By Product Type, 2016 - 2025 (US$ Million)

Introduction
- Market Share Analysis, 2017 and 2025 (%)
- Y-O-Y Growth Analysis, 2016 - 2025
- Segment Trends
Polymer-Based Coatings
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
Polymer-Free Coatings
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)

Global Drug Eluting Stents Market, By Geography, 2016 - 2025 (US$ Million)
- Introduction
  - Market Share Analysis, By Geography, 2017 and 2025 (%)
  - Y-O-Y Growth Analysis, 2016 – 2025
  - Regional Trends
- North America
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
    - U.S.
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Canada
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
- Europe
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
    - U.K.
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Germany
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Italy
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - France
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Russia
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Rest of Europe
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
- Asia Pacific
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
- Latin America
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
    - Argentina
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Rest of Latin America
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
- Middle East
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
    - GCC
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Israel
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Rest of Middle East
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
- Africa
  - Introduction
  - Market Share Analysis, By Country, 2017 and 2025 (%)
  - Country Trends
  - Market Size and Forecast, and Y-o-Y Growth, 2016-2025, (USD Million)
    - North Africa
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - Central Africa
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
    - South Africa
      - Polymer Based Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
      - Polymer Free Coatings
        
        Introduction
        
        Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (US$ Million)
Competitive Landscape
- Company Profiles
- Analyst Views
Section
- Research Methodology
- About us and Services

*Browse 90 market data tables and 40 figures on Drug Eluting Stents Market- Global forecast to 2025”.

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Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Coherent Market Insights desk research is based on a principle set of research techniques:

National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
Trade association, National and international media and trade press.
Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
Scientific journals, and other technical magazines and whitepapers.

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

Micro-economic indicators
Macro-economic indicators
Environmental indicators
Socio-political indicators
Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

It provides first-hand information on the market dynamics, outlook, and growth parameters.
Industry experts validates the estimates which helps the company to cement the on-going research study.
Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

Raw Material Suppliers
Manufacturers
System Integrators
Distributors
End-users

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Drug Eluting Stents Market - Size, Share, and Forecast to 2025

Drug Eluting Stents Market, By Application Type (Coronary artery diseases, Peripheral artery diseases), Product Type (Polymer based coatings, Polymer free coatings), and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Medical Devices

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