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2021
Bioabsorbable Stents Market

Bioabsorbable Stents Market by Biomaterial (Polymeric Stents and Metallic Stents), Application (Coronary Artery Disease and Peripheral Artery Disease), and End User (Hospital and Cardiac Centers): Global Opportunity Analysis and Industry Forecast, 2020–2027

A01201
Pages: 178
Apr 2021 | 3816 Views
   
Author(s) : Apoorva Srivastava & Ravi Telugunta
Tables: 106
Charts: 30
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COVID-19

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Bioabsorbable Stents Market Overview:

The global bioabsorbable stents market size was valued at $283.60 million in 2019, and is projected to reach $308.90 million by 2027, registering a CAGR of 5.6% from 2020 to 2027.

A stent is a medical device which is inserted into the internal duct of the body for expanding the blood vessels and preventing the vessels from blockage. Bioabsorbable stents, also known as bioresorbable stents or naturally-dissolving stents, are made up of materials that get absorbed in the body and act by expanding the vessels or internal duct for clearing the blockage caused due to the deposition of plague. These devices are designed in such a way that after eluting the drug, the stents gets dissolved within the body at certain interval of time.

bioabsorbable-stents-Market-2020-2027

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Increase in geriatric population, rise in prevalence of cardiovascular disease, surge in percutaneous coronary intervention (PCI) procedure, and rise in adaptation of bioabsorbable stent by patients and physicians are the key factors that drive the growth of the global bioabsorbable stents market. In addition advancement in technology in stents, growth in demand for minimally invasive procedures, and increase in initiative taken by government for development & production of bioabsorbable stents propel the growth of the market. For instance, according to the Centers for Disease Control and Prevention (CDC), the global wide prevalence of coronary heart diseases in 2017 was around 18.2 million individuals and approximately 2 in 10 people died due to coronary heart disease. Hence, increase in incidences of heart disease (mostly coronary and peripheral heart disease) is expected to propel the demand for bioabsorbable stents, which, in turn, fosters the market growth. In addition, the unhealthy diet habits and lack of physical activities are gaining traction across the globe, owing to rise in prevalence or cardiovascular diseases and availability of percutaneous coronary intervention (PCI) procedure. However, high costs of stents procedure and risk associated with the use of bioabsorbable stents are expected to hinder the growth of the market.

Bioabsorbable Stents Market Segmentation

The bioabsorbable stents market is segmented into biomaterial, application, end user, and region. By biomaterial, the market is divided into polymeric stents and metallic stents. By application, the market is bifurcated into coronary artery disease and peripheral artery disease. By end user, the market is classified into hospital and cardiac centers. By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Segment review

By type of biomaterial, the polymeric stents segment dominated the global bioabsorbable stents market in 2019, and is anticipated to continue this trend during the forecast period, due to increase in use of polymeric stents by various companies, physicians, and patients owing to less inflammatory response, complete drug elution, and low risk of associated complications. Research is still conducted on polymeric stent materials for the development of the novel bioabsorbable stents, which possess low risk for restenosis and late-stent thrombosis. However, the metallic stents segment is expected to witness considerable growth during the forecast period. This is attributed to the fact that the metallic stents represent an alternative solution used for the percutaneous nephrostomy procedure. 

Bioabsorbable Stents Market
By Biomaterial

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Polymeric Stents segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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On the basis of application, the coronary artery disease segment exhibited highest growth in 2019, and is anticipated to lead in the near future. This is attributed to the rise in geriatric population, increase in prevalence of diabetes, change in healthy diet, and lack of proper physical exercise. However, peripheral artery disease segment is expected to witness considerable growth during the forecast period, due to rise in the aging population and increase in prevalence of cardiac disease.

Bioabsorbable Stents Market
By Application

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Coronary Artery Disease segment is projected as one of the most lucrative segment.

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On the basis of end user, the hospital segment exhibited highest growth in 2019, and is anticipated to lead in the near future, due to increase in prevalence of cardiac diseases and availability of multiple options for treatment procedures. However, the cardiac centers segment is expected to witness the significant bioabsorbable stents market growth during the forecast period, owing to rise in prevalence of coronary artery disease, decrease in the cost of post-operative cardiac care, and increase in the life expectancy of the patient suffering from cardiac disease.

Bioabsorbable Stents Market
By End User

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Hospital segment segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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By region, North America accounted for a major share in the bioabsorbable stents market in 2019, and is expected to maintain its dominance during the forecast period, owing to rise in prevalence of cardiovascular disease, the presence of advanced healthcare infrastructure, increase in number of approval for novel bioabsorbable stents, as well as presence of major market participants. Moreover, increase in the prevalence of coronary artery disease, rise in the coronary artery disease patient pool in hospitals, surge in R&D activities in healthcare sector, and enhancement of healthcare infrastructure and presence of major players operating in the region fuel the growth of the market. However, Asia-Pacific is expected to register the highest CAGR of 6.3% from 2020 to 2027, owing to increase in prevalence of coronary artery disease, rise in awareness regarding bioabsorbable stents, surge in demand for minimally invasive surgery, and increase in adoption of unhealthy lifestyle.

Bioabsorbable Stents Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America was holding a dominant position in 2019 and would continue to maintain the lead over the analysis period.

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The key players operating in the global bioabsorbable stents market include Arterial Remodeling Technologies, Arterius Limited, B. Braun Melsungen AG, Biotronik SE & Co. KG, Boston Scientific Corporation, the Elixir Medical Corporation, Microport Scientific Corporation, Kyoto Medical Planning Co. Ltd., Reva Medical, and Terumo Corporation

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the Bioabsorbable Stents market, and the current trends and future estimations to elucidate the imminent investment pockets.
  • It presents a quantitative analysis of the market from 2019 to 2027 to enable stakeholders to capitalize on the prevailing bioabsorbable stents market opportunities.
  • Extensive analysis of the market based on procedures and services assists to understand the trends in the bioabsorbable stents industry.
  • Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Key Market Segments

By Biomaterial

  • Polymeric Stents
  • Metallic Stents

By Application

  • Coronary Artery Disease
  • Peripheral Artery Disease

By End-User

  • Hospital
  • Cardiac Centers

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Top player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in prevalence of heart diseases and rise in geriatric population
3.5.1.2.Rise in technological advancements in bioabsorbable Stents
3.5.1.3.Increase in demand for the minimally invasive procedure
3.5.1.4.Growth in development of healthcare infrastructure and increases in R&D

3.5.2.Restraints

3.5.2.1.High cost of procedure associated with bioabsorbable stents
3.5.2.2.Risk associated with bioabsorbable stents

3.5.3.Opportunity

3.5.3.1.Increase in R&D and advancement in technology

3.5.4.Impact analysis

3.6.Impact analysis of COVID-19 on the Bioabsorbable Stents  market

CHAPTER 4:BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL

4.1.Overview

4.1.1.Market size and forecast

4.2.Polymeric Stents

4.2.1.Key market trends and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Metallic Stents

4.3.1.Key market trends and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:BIOABSORBABLE STENTS MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Coronary Artery Disease

5.2.1.Key market trends and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Peripheral Artery Disease

5.3.1.Key market trends and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:BIOABSORBABLE STENTS MARKET, BY END USE

6.1.Overview

6.1.1.Market size and forecast

6.2.Hospitals

6.2.1.Key market trends and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Cardiac Centers

6.3.1.Key market trends and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:BIOABSORBABLE STENTS MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends and opportunities
7.2.2.North America market size and forecast, by biomaterial
7.2.3.North America market size and forecast, by application
7.2.4.North America market size and forecast, by end user
7.2.5.North America market size and forecast, by country

7.2.5.1.U.S. market size and forecast, by biomaterial
7.2.5.2.U.S. market size and forecast, by application
7.2.5.3.U.S. market size and forecast, by end user
7.2.5.4.Canada market size and forecast, by biomaterial
7.2.5.5.Canada market size and forecast, by application
7.2.5.6.Canada market size and forecast, by end user
7.2.5.7.Mexico market size and forecast, by biomaterial
7.2.5.8.Mexico market size and forecast, by application
7.2.5.9.Mexico market size and forecast, by end user

7.3.Europe

7.3.1.Key market trends and opportunities
7.3.2.Europe market size and forecast, by biomaterial
7.3.3.Europe market size and forecast, by application
7.3.4.Europe market size and forecast, by end user

7.3.5.Europe market size and forecast, by country

7.3.5.1.Germany market size and forecast, by biomaterial
7.3.5.2.Germany market size and forecast, by application
7.3.5.3.Germany market size and forecast, by end user
7.3.5.4.France market size and forecast, by biomaterial
7.3.5.5.France market size and forecast, by application
7.3.5.6.France market size and forecast, by end user
7.3.5.7.UK market size and forecast, by biomaterial
7.3.5.8.UK market size and forecast, by application
7.3.5.9.UK market size and forecast, by end user
7.3.5.10.Italy market size and forecast, by biomaterial
7.3.5.11.Italy market size and forecast, by application
7.3.5.12.Italy market size and forecast, by end user
7.3.5.13.Spain market size and forecast, by biomaterial
7.3.5.14.Spain market size and forecast, by application
7.3.5.15.Spain market size and forecast, by end user
7.3.5.16.Rest of Europe market size and forecast, by biomaterial
7.3.5.17.Rest of Europe market size and forecast, by application
7.3.5.18.Rest of Europe market size and forecast, by end user

7.4.Asia-Pacific

7.4.1.Key market trends and opportunities
7.4.2.Asia-Pacific market size and forecast, by biomaterial
7.4.3.Asia-Pacific market size and forecast, by application
7.4.4.Asia-Pacific market size and forecast, by end user
7.4.5.Asia-Pacific market size and forecast, by country

7.4.5.1.Japan market size and forecast, by biomaterial
7.4.5.2.Japan market size and forecast, by application
7.4.5.3.Japan market size and forecast, by end user
7.4.5.4.China market size and forecast, by biomaterial
7.4.5.5.China market size and forecast, by application
7.4.5.6.China market size and forecast, by end user
7.4.5.7.India market size and forecast, by biomaterial
7.4.5.8.India market size and forecast, by application
7.4.5.9.India market size and forecast, by end user
7.4.5.10.Rest of Asia-Pacific market size and forecast, by biomaterial
7.4.5.11.Rest of Asia-Pacific market size and forecast, by application
7.4.5.12.Rest of Asia-Pacific market size and forecast, by end user

7.5.LAMEA

7.5.1.Key market trends and opportunities
7.5.2.LAMEA market size and forecast, by biomaterial
7.5.3.LAMEA market size and forecast, by application
7.5.4.LAMEA market size and forecast, by end user
7.5.5.LAMEA market size and forecast, by country

7.5.5.1.Brazil market size and forecast, by biomaterial
7.5.5.2.Brazil market size and forecast, by application
7.5.5.3.Brazil market size and forecast, by end user
7.5.5.4.Saudi Arabia market size and forecast, by biomaterial
7.5.5.5.Saudi Arabia market size and forecast, by application
7.5.5.6.Saudi Arabia market size and forecast, by end user
7.5.5.7.South Africa market size and forecast, by biomaterial
7.5.5.8.South Africa market size and forecast, by application
7.5.5.9.South Africa market size and forecast, by end user
7.5.5.10.Rest of LAMEA market size and forecast, by biomaterial
7.5.5.11.Rest of LAMEA market size and forecast, by application
7.5.5.12.Rest of LAMEA market size and forecast, by end user

CHAPTER 8:COMPANY PROFILES

8.1.ARTERIAL REMODELING TECHNOLOGIES

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio

8.2.ARTERIUS LIMITED

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Key strategic moves and developments

8.3.B. BRAUN MELSUNGEN AG

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments

8.4.BIOTRONIK SE & CO. KG

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Key strategic moves and developments

8.5.BOSTON SCIENTIFIC CORPORATION

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.ELIXIR MEDICAL CORPORATION

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Key strategic moves and developments

8.7.KYOTO MEDICAL PLANNING CO. LTD

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio

8.8.MICROPORT SCIENTIFIC CORPORATION

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.REVA MEDICAL, INC.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio
8.9.4.Key strategic moves and developments

8.10.TERUMO CORPORATION

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance
8.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027 ($MILLION)
TABLE 02.POLYMERIC BIOABSORBABLE STENTS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.METALLIC BIOABSORBABLE STENTS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 05.BIOABSORBABLE STENTS MARKET FOR CORONARY ARTERY DISEASE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.BIOABSORBABLE STENTS MARKET FOR PERIPHERAL ARTERY DISEASE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL BIOABSORBABLE STENTS MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 08.BIOABSORBABLE STENTS MARKET FOR HOSPITALS, BY REGION, 2019–2027 ($MILLION)
TABLE 09.BIOABSORBABLE STENTS MARKET FOR CARDIAC CENTERS, BY REGION, 2019–2027 ($MILLION)
TABLE 10.BIOABSORBABLE STENTS MARKET, BY REGION, 2019–2027, ($MILLION)
TABLE 11.NORTH AMERICA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 12.NORTH AMERICA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019–2027, ($MILLION)
TABLE 13.NORTH AMERICA BIOABSORBABLE STENTS MARKET, BY END USER, 2019–2027, ($MILLION)
TABLE 14.NORTH AMERICA BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019–2027, ($MILLION)
TABLE 15.U.S. BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 16.U.S. BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 17.U.S. BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 18.CANADA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 19.CANADA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 20.CANADA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 21.MEXICO BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 22.MEXICO BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 23.MEXICO BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 24.EUROPE BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 25.EUROPE BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019–2027, ($MILLION)
TABLE 26.EUROPE BIOABSORBABLE STENTS MARKET, BY END USER, 2019–2027, ($MILLION)
TABLE 27.EUROPE BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019–2027, ($MILLION)
TABLE 28.GERMANY BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 29.GERMANY BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 30.GERMANY BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 31.FRANCE BIOABSORBABLE STENTS MARKET, BY BIOMATERAIL, 2019–2027, ($MILLION)
TABLE 32.FRANCE BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 33.FRANCE BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 34.UK BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 35.UK BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 36.UK BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 37.ITALY BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 38.ITALY BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 39.ITALY BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 40.SPAIN BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 41.SPAIN BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 42.SPAIN BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 43.REST OF EUROPE BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 44.REST OF EUROPE BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 45.REST OF EUROPE BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 46.ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 47.ASIA PACIFIC BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019–2027, ($MILLION)
TABLE 48.ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY END USER, 2019–2027, ($MILLION)
TABLE 49.ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019–2027, ($MILLION)
TABLE 50.JAPAN BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 51.JAPAN BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 52.JAPAN BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 53.CHINA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 54.CHINA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 55.CHINA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 56.INDIA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 57.INDIA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 58.INDIA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 62.LAMEA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 63.LAMEA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019–2027, ($MILLION)
TABLE 64.LAMEA BIOABSORBABLE STENTS MARKET, BY END USER, 2019–2027, ($MILLION)
TABLE 65.LAMEA BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019–2027, ($MILLION)
TABLE 66.BRAZIL BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 67.BRAZIL BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 68.BRAZIL BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 69.SAUDI ARABIA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 70.SAUDI ARABIA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 71.SAUDI ARABIA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 72.SOUTH AFRICA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 73.SOUTH AFRICA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 74.SOUTH AFRICA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 75.REST OF LAMEA BIOABSORBABLE STENTS MARKET, BY BIOMATERIAL, 2019–2027, ($MILLION)
TABLE 76.REST OF LAMEA BIOABSORBABLE STENTS MARKET, BY APPLICATION, 2019-2027, ($MILLION)
TABLE 77.REST OF LAMEA BIOABSORBABLE STENTS MARKET, BY END USER, 2019-2027, ($MILLION)
TABLE 78.ART: COMPANY SNAPSHOT
TABLE 79.ART: OERATING SEGMENT
TABLE 80.ART: PRODUCT PORTFOLIO
TABLE 81.ARTERIUS: COMPANY SNAPSHOT
TABLE 82.ARTERIUS: OERATING SEGMENT
TABLE 83.ARTERIUS: PRODUCT PORTFOLIO
TABLE 84.B. BRAUN: COMPANY SNAPSHOT
TABLE 85.B. BRAUN: OERATING SEGMENT
TABLE 86.B. BRAUN: PRODUCT PORTFOLIO
TABLE 87.BIOTRONIK: COMPANY SNAPSHOT
TABLE 88.BIOTRONIK: OERATING SEGMENT
TABLE 89.BIOTRONIK: PRODUCT PORTFOLIO
TABLE 90.BOSTON SCIENTIFIC: COMPANY SNAPSHOT
TABLE 91.BOSTON SCIENTIFIC: OERATING SEGMENT
TABLE 92.BOSTON SCIENTIFIC: PRODUCT PORTFOLIO
TABLE 93.ELIXIR MEDICAL: COMPANY SNAPSHOT
TABLE 94.ELIXIR MEDICAL: OERATING SEGMENT
TABLE 95.ELIXIR MEDICAL: PRODUCT PORTFOLIO
TABLE 96.KYOTO MEDICAL PLANNING: COMPANY SNAPSHOT
TABLE 97.KYOTO MEDICAL PLANNING: OERATING SEGMENT
TABLE 98.KYOTO MEDICAL PLANNING: PRODUCT PORTFOLIO
TABLE 99.MICROPORT: COMPANY SNAPSHOT
TABLE 100.MICROPORT: OERATING SEGMENT
TABLE 101.MICROPORT: PRODUCT PORTFOLIO
TABLE 102.REVA MEDICAL: COMPANY SNAPSHOT
TABLE 103.REVA MEDICAL: PRODUCT PORTFOLIO
TABLE 104.TERUMO: COMPANY SNAPSHOT
TABLE 105.TERUMO: OERATING SEGMENT
TABLE 106.TERUMO: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.GLOBAL BIOABSORBABLE STENTS MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE THREAT OF NEW ENTRANTS
FIGURE 10.MODERATE INTENSITY OF RIVALRY
FIGURE 11.TOP PLAYER POSITIONING, 2020
FIGURE 12.IMPACT ANALYSIS
FIGURE 13.COMPARATIVE ANALYSIS OF POLYMERIC BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE ANALYSIS OF METALLIC BIOABSORBABLE STENTS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE ANALYSIS OF BIOABSORBABLE STENTS MARKET FOR CORONARY ARTERY DISEASE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE ANALYSIS OF BIOABSORBABLE STENTS MARKET FOR PERIPHERAL ARTERY DISEASE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE ANALYSIS OF BIOABSORBABLE STENTS MARKET FOR HOSPITAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE ANALYSIS OF BIOABSORBABLE STENTS MARKET FOR CARDIAC CENTERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 19.B. BRAUN: NET SALES, 2018–2020 ($MILLION)
FIGURE 20.B. BRAUN: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 21.B. BRAUN: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 22.BOSTON SCIENTIFIC: NET SALES, 2018–2020 ($MILLION)
FIGURE 23.BOSTON SCIENTIFIC: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 24.BOSTON SCIENTIFIC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 25.MICROPORT: NET SALES, 2017–2019 ($MILLION)
FIGURE 26.MICROPORT: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 27.MICROPORT: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 28.TERUMO: NET SALES, 2018–2020 ($MILLION)
FIGURE 29.TERUMO: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 30.TERUMO: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The bioabsorbable stents market is expected to witness profitable growth in the future. The market growth is characterized by factors such as increase in prevalence of heart diseases, surge in geriatric population, rise in Percutaneous Coronary Intervention (PCI) procedure, surge in adaptation of bioabsorbable stent by patients and physicians, advancement in technology in stents and growth in demand for minimally invasive procedures. Moreover, the bioabsorbable stents market has gained immense interest in the hospital sectors over the years as the stents are used for the treatment of cardiac diseases such as coronary artery disease and peripheral artery disease.

As per the analysis in the report, the market in North America is projected to register highest growth rate, owing to rise in prevalence of cardiac disorder, growth in demand for minimally invasive procedure, and increase in geriatric population.

In addition, high costs of stents procedure and risks associated with the use of bioabsorbable stents are anticipated to challenge the growth of the market participants during the forecast period. The bioabsorbable stents may produce some side effects like thrombosis or myocardial infarction, which is due to the non-uniform structure of polymer used in the stents. Thus, these concerns regarding the wellbeing of health are anticipated to limit the market growth during the forecast period.

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FREQUENTLY ASKED QUESTIONS?
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A. The total market value of global bioabsorbable stents Market is $283.60 million in 2019

A. The forecast period in the report is from 2020 to 2027

A. The market value of global bioabsorbable stents Market in 2020 was $211.30 Million

A. The base year for the report is 2019

A. Yes, global bioabsorbable stents companies are profiled in the report

A. The top companies that hold the market share in global bioabsorbable stents market are Arterial Remodeling Technologies, Arterius Limited, B. Braun Melsungen AG, Biotronik SE & Co. KG, Boston Scientific Corporation, the Elixir Medical Corporation, Microport Scientific Corporation, Kyoto Medical Planning Co. Ltd., and Terumo Corporation

A. The biomaterials is the most inflencing segment growing in the global bioabsorbable stents market report.

A. The key trends in the global bioabsorbable market are increase Increase in prevalence of heart diseases, surge in percutaneous coronary intervention (PCI) procedure and rise in adaptation of bioabsorbable stent by patients and physician

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