Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Drug-eluting stents market led by Abbott Laboratories and Boston Scientific

Drug-eluting stents market led by Abbott Laboratories and Boston Scientific


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2012-10-31 14:29:33 - Drug-eluting stents market led by Abbott Laboratories and Boston Scientific

The global drug-eluting stents market has been forecast to hit a market value of US$6,278 million by 2015, with the industry being predominantly driven by the increasing incidence of cardiovascular diseases.A drug-eluting stent (DES) is a peripheral or coronary stent (a scaffold) placed into narrowed, diseased peripheral or coronary arteries that slowly release a drug to block cell proliferation. This prevents fibrosis that, together with clots (thrombus), could otherwise block the stented artery, a process called restenosis. The stent is usually placed within the peripheral or coronary artery by an interventional cardiologist or interventional radiologist during an angioplasty procedure.Like all invasive medical procedures, implanting stents in the coronary arteries carries risk. For the newer drug-eluting stents, very-long-term results are not

 

 

yet available; however, five-years after implantation sirolimus-eluting stents remained superior to bare-metal stents. Risks associated with cardiac catheterisation procedures include bleeding, allergic reaction to the X-ray contrast agents used to visualise the coronary arteries, and myocardial infarction.Shortly after the first drug-eluting stent was approved in the US in 2003, the technology quickly reached high penetration, approximately 50% in the coronary stent market. The high adoption rate by interventional cardiologists was due to the encouraging results of lower rates of restenosis despite a lack of long-term safety and efficacy data. By 2006, over 80% of stents used by cardiologists were drug-eluting stents.In 2007, the COURAGE trial showed PCI procedures and stents were no better than optimal medical therapy at preventing death or myocardial infarction in people with stable coronary artery disease. The result of the COURAGE trial raised questions over long-term benefits of and the market has remained flat ever since.Abbott Laboratories and Boston Scientific Corp came out as the big players in the US drug-eluting stent market, together staking claim to more than half of all DES revenues. In 2010, Boston Scientific reported $1.5 billion in DES sales and held a 33% market share in the US, lead by its Taxus and Promus stents.For more information on the drug-eluting stents market, see the latest research: Drug-Eluting Stents MarketFollow us on Twitter @CandMResearch

Click for news details: www.companiesandmarkets.com/News/Healthcare-and-Medical/Drug-elu ..

Browse all Healthcare and Medical C&M News www.companiesandmarkets.com/News/Healthcare-and-Medical/?aCode=f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser