Coronary Drug Market Scope
According to Centres for Disease Control and Prevention, the U.S., about 655,000 Americans die from heart disease each year that’s 1 in every 4 deaths. It is a leading cause of death for men, women, and people of most racial and ethnic groups and one person dies every 36 seconds in the United States. Heart disease is a range of conditions that affect heart include blood vessel diseases, such as coronary artery disease; heart rhythm problems (arrhythmias), congenital heart defects and others.
The Coronary Drug market study is segmented by Type (Durable Polymer Drug-eluting Stents, Bioabsorbable Polymer Drug-eluting Stent and Other), by Application (Coronary Heart Disease and Clinical) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Coronary Drug market throughout the predicted period.
Boston Scientific (United States), Cordis (United States), Abbott (United States), Advantec Vascular (United States), B.Braun Melsengen AG (Germany), Biotronik (Germany) and Medtronic (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Coronary Drug market by Type, Application and Region.
On the basis of geography, the market of Coronary Drug has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing Number of Online Pharmacies
- Increasing Investment in Research and Development
Market Drivers
- Increased Prevalence of Cardiovascular Diseases
- Increased Number of Diagnostic Centres and Hospitals
- Increased Awareness and Innovation of New Drugs
Opportunities
- Growth in the Healthcare Industry Worldwide
- Huge Investment by Major Players
- Growing Demand for Advanced and Effective Drugs
Restraints
- Side Effects of the Drugs
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Coronary Drug Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users