Bioabsorbable Stents Market
Bioabsorbable Stents Market Analysis By Material (Bioabsorbable Polymer based Stents & Bioabsosbable Metallic Stents) By Absorption Rate (Slow & Fast- Absorption Stents) By Application (Coronary & Peripheral Artery Diseases) By End-User & Region – Global Insights 2022 to 2032
Analysis of Bioabsorbable Stents market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Bioabsorbable Stents Market Outlook
The bioabsorbable stents market is predicted to grow at a moderate CAGR of 9.6% through 2032. The bioabsorbable stents market share is estimated to reach a value of nearly US$ 1 Billion by 2032 from US$ 372 Million in 2021.
|
Attributes |
Details |
|---|---|
|
Bioabsorbable Stents Market Size (2021) |
US$ 372 Million |
|
Bioabsorbable Stents Market Value (2022) |
US$ 417.2 Million |
|
Bioabsorbable Stents Market Value (2032) |
US$ 1 Billion |
|
Bioabsorbable Stents Market Growth Rate (2022-2032) |
9.6% |
|
Bioabsorbable Stents Market Key Players |
|
Bioabsorbable stents, also termed bioresorbable stents that, extend the veins or cardiac ducts to relieve the obstruction and get naturally dissolved when the medicine is eluted.
The benefit of such stents is their disintegrating within the body within a definite time period that has effected it as the most preferred mode of treatment, propelling the bioabsorbable stents market opportunities in the healthcare sector. The global bioabsorbable stents market research report offers a comprehensive analysis of the industry during the period 2015 to 2021 and illustrates growth prospects for the coming days ahead from 2022 to 2032.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Global Bioabsorbable Stents Market Historical Analysis (2015-2021) Vs. Forecast Outlook (2022-2032)
According to the bioabsorbable stents demand analysis presented in the Fact.MR market report, the current growth rate has reduced substantially from the prevailing CAGR of 11.5% over the years 2015 to 2021. This unfortunate decrease in sales of bioabsorbable stents is mainly attributed to the disrupted medical sector following the outbreak of the Covid-19 pandemic.
The COVID-19 dilemma has had a variety of effects on the coronary bioabsorbable stent business. The commercial issues pertaining to the reallocation of resources to contain the menace of Coronavirus infection spread caused uncertainty in some domains of the medical device manufacturing industry, including sales of bioabsorbable stents.
In those days, manufacturers, surgical centres, hospitals, and organisations involved in the sales of bioabsorbable stents would have to comply with severe government standards in order to manage the pandemic exigencies. Then again, as the pandemic situation has been brought under control, demand for bioabsorbable stents is returning to its previous scale gradually.
What is the Future of Global Bioabsorbable Stents Market?
“Growing incidences of physicians and healthcare professionals preferring bioabsorbable stents over conventional stents is believed to have rapidly surged the bioabsorbable stent market growth in the global market.”
What are the Driving Factors for the Global Bioabsorbable Stents Market in the Forecast Years?
The bioabsorbable metal stent or bioabsorbable polymer stents market is estimated to be driven by rising cases of coronary artery disease or peripheral artery disease among both the geriatric and younger population alike. According to the Centre for Disease Control and Prevention (CDC), the global prevalence of coronary heart condition was over 18.2 million persons in 2017, with around 2 in 10 people dying from the disease.
Actually, the global bioabsorbable stents market is being driven by an increase in percutaneous coronary intervention (PCI) procedures. In addition, the sales of bioabsorbable stents have expanded due to rising demand for less invasive treatments among heart patients across the world. Furthermore, the bioabsorbable stents market trend is expected to grow in the approaching years due to the increased global adoption of medical implants by cardiac patients.
Increased government initiatives for the research and manufacturing of bioabsorbable or bioresorbable stents for the healthcare sector are contemplated to be the supplementing factor for bioabsorbable stents market future trends. And technical advancements in bio-absorbable material accompanied by new product approvals and launches are also projected to contribute to bioabsorbable stent market expansion.
Further, the several fringe benefits of using such stents are poised to create a highly favourable market for the sales of bioabsorbable stents, as mentioned in the report. For instance, it can prevent the loss of natural vasomotion and increase endothelial function over time. The treatment by implanting it also allows for vascular remodelling, making it the most lucrative feature of the product, and it is expected to further augment the emerging trends in the bioabsorbable stent market.
What are the Major Challenges Experienced by the Bioabsorbable Stents Market Players?
The demand for bioabsorbable stents is anticipated to be limited to an extent by high stent procedure costs. Moreover, any possible danger associated with the use of bioabsorbable stents has also restrained the bioabsorbable stent market adoption trends by some sections of the population.
Before that, the availability of sufficient healthcare infrastructure and competent medical professionals is a major challenge for the sales of bioabsorbable stents in any market. This challenge for bioabsorbable stent market growth is mostly observed in third world or low-income group countries in Africa and Middle Asia and in some parts of Asia Pacific.
The limited supply of bioabsorbable stents manufacturing devices in many regions reflects the significant limitation of the market. Due to the constraining trade relations among multiple nations, the procurement and supply of raw materials such as platinum and cobalt required to make stents have been severely hampered, rendering a negative impact on the bioabsorbable stent market growth.
Various medical device manufacturing businesses have headquarters and manufacturing units in different countries, which might cause a demand-supply imbalance for the global bioabsorbable stent market share.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
What is the Growth Outlook for the Bioabsorbable Stents Market According to Different Segments?
“Growing percentage of ageing population, worldwide increase in diabetic patients, and avoidance to engage in adequate physical activity are some of the reasons boosting the sales of bioabsorble stents.”
The hospital sector was the fastest rising end-user segment of the all regional and global bioabsorbable stents market by 2020, and it will continue to lead the worldwide market over the projected period of 2022 to 2032 as well. This might be due to the fact that patients suffering from heart disorders prefer to get treatment from hospitals with the availability of numerous treatment options.
However, the demand for bioabsorbable stents in the cardiac centres segment is expected to increase at a significant rate throughout the projection period. This is attributable to an increase in the prevalence of coronary artery disease among low-income group people and an increase in the expense of postoperative intensive care units at hospitals.
What are the Top Applications of the Bioabsorbable Stents for Different Market Segments?
As evident from the global market study on bioabsorbable stents, the coronary artery disease sector would have the highest growth rate of 10.2% during the years following 2021. And it is expected to dominate the worldwide bioabsorbable stents market over the projected period on the basis of its several applications.
Which End User is Likely to Contribute the Most to the Bioabsorbable Stents Market?
Among the other end users, the hospital segment is likely to exhibit the highest growth potential during the forecast period. Given the rise in the number of patients suffering from cardiac diseases alongside the broad choices for treatment procedures are the key factors making hospitals the preferred choice of treatment.
During the forecast period, hospitals are likely to contribute significantly to the bioabsorbable stents market with a CAGR of 10.1%. However, the preference for treatment in hospitals have decreased as compared to that during 2015-2021. Cardiac care centers are cost-effective in nature with easy admission and discharge procedure, which are attracting patients towards the new end-user segment.
What is the Performance of Bioabsorbable Stents Market in Different Geographical Regions?
North America has dominated the global bioabsorbable stents market since the beginning, with a net contribution of US$ 151.8 Million in 2022 in the United States (US) alone. The US bioabsorbable stents market is expected to continue to remain the leading region, with the top CAGR of 9% during the forecast period covering 2022 to 2032.
Owing to rising cardiovascular disease prevalence and advanced healthcare infrastructure, the US has emerged as the global leader in the bioabsorbable stents market trends. By virtue of the presence of major bioabsorbable stents market participants and with an increase in the number of novel bioabsorbable stents approved, it is poised to turn out into a US$ 360.6 Million market by the year 2032.
Furthermore, rising coronary artery disease among the aging citizens residing in the United States and increase in R&D activities in the healthcare sector are expected to further contribute to and accelerate the bioabsorbable stents market future trends in the country
What is the Bioabsorbabale Stents Market Outlook in Asia Pacific Region?
As per the global market study on bioabsorbable stents, Asia Pacific is predicted to develop at the quickest rate. The rising number of cardiac patients in the Asia Pacific countries with the highest population count is predicted to drive the demand for bioabsorbable stents in the regional market.
During the projected period, the China bioabsorbable stents market is predicted to lead at the fastest rate of 8.8% in this geographical region. The net worth of the market is estimated to be around US$ 28 Million in 2022 and is projected to reach a total valuation of US$ 71.6 Million in the year 2032.
Other than that, bioabsorbable stents market opportunities in Japan and South Korea are also quite promising for the forecasted years, with an estimated growth rate of 8.1% and 7.3%, respectively. This new market research report on bioabsorbable stents also sheds light on the growth prospects in Indian Market as well. During the forecast period, the rising population will assist in the expansion of the bioabsorbable stents market key trends and opportunities in this geographical region.
How Strong is the Competitive Landscape for the Bioabsorbable Stents Market?
Some of the prominent players operating in the global bioabsorbable stents market are BIOTRONIK, Abbott Laboratories, REVA Medical, Inc., Elixir Medical Corporation, Arterial Remodelling Technologies S. A., Kyoto Medical Planning Co. Ltd., Microport Scientific Corporation, and Arterius Ltd. among others.
The global market for bioabsorbable stents is fiercely competitive, with numerous main competitors operating in this sector. Few big firms presently dominate the industry in terms of market share and sales of bioabsorbable stents. Mid-size and smaller businesses, on the other hand, are expanding their market presence by releasing new items at cheap costs by adopting technical improvements and product innovations.
Collaborations and mergers are also highly favoured strategy among bioabsorbable stents market players to expand their business and penetrate new markets. For instance, Abbott Laboratories purchased St. Jude Medical, Inc., which is an American medical device manufacturer, in the year 2017 and became the market leader in medical devices following the purchase.
Recent Developments in the Global Bioabsorbable Stents Market
- Abbott Laboratories began the LIFE-BTK clinical study in September 2020 to assess the safety and efficacy of their innovative Esprit BTK Everolimus Eluting Resorbable Scaffold System. This is the first study to test a completely naturally dissolving or bioresorbable stent for treating blocked arteries underneath the knees, often known as critical limb ischemia or CLI, among patients suffering from severe peripheral arterial disease or PAD.
- BIOTRONIK received CE Mark approval for its Orsiro Mission drug-eluting stent or DES system in the month of February of 2020. This technology claims to have a higher deliverability rate than other type of modern stents used in present healthcare institutions.
- The Food and Drug Administration (FDA) of USA approved BIOTRONIK's Orsiro drug-eluting stent (DES) system in February 2019. Till date Orsiro has been the only ultrathin DES to surpass the clinical standard. Along with that, Xience.1, 2 Orsiro, aproduct of this series, has been used to treat over one million heart patients globally.
Key Segments
-
By Material :
- Bioabsorbable polymer based stents
- Bioabsosbable metallic stents
-
By Absorption Rate :
- Slow- absorption stents
- Fast- absorption stents
-
By Application :
- Coronary Artery Diseases
- Peripheral Artery Diseases
-
By End User :
- Hospitals
- Cardiac Centers
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Key Market Characteristics & Attributes 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage 2.2. Market Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Bioabsorbable Stents 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.3. Impact on Market Value (US$ Mn) 3.1.4. Assessment by Key Countries 3.1.5. Assessment by Key Market Segments 3.1.6. Action Points and Recommendation for Suppliers 3.2. Key Trends Impacting the Market 3.3. Formulation and Product Development Trends 4. Market Background 4.1. Bioabsorbable Stents Market, by Key Countries 4.2. Bioabsorbable Stents Market Opportunity Assessment (US$ Mn) 4.2.1. Total Available Market 4.2.2. Serviceable Addressable Market 4.2.3. Serviceable Obtainable Market 4.3. Market Scenario Forecast 4.3.1. Demand in optimistic Scenario 4.3.2. Demand in Likely Scenario 4.3.3. Demand in Conservative Scenario 4.4. Investment Feasibility Analysis 4.4.1. Investment in Established Markets 4.4.1.1. In Short Term 4.4.1.2. In Long Term 4.4.2. Investment in Emerging Markets 4.4.2.1. In Short Term 4.4.2.2. In Long Term 4.5. Forecast Factors - Relevance & Impact 4.5.1. Top Companies Historical Growth 4.5.2. Growth in Automation, By Country 4.5.3. Bioabsorbable Stents Adoption Rate, By Country 4.6. Market Dynamics 4.6.1. Market Driving Factors and Impact Assessment 4.6.2. Prominent Market Challenges and Impact Assessment 4.6.3. Bioabsorbable Stents Market Opportunities 4.6.4. Prominent Trends in the Global Market & Their Impact Assessment 5. Key Success Factors 5.1. Manufacturers’ Focus on Low Penetration High Growth Markets 5.2. Banking on with Segments High Incremental Opportunity 5.3. Peer Benchmarking 6. Global Bioabsorbable Stents Market Demand Analysis 2015-2021 and Forecast, 2022-2032 6.1. Historical Market Analysis, 2015-2021 6.2. Current and Future Market Projections, 2022-2032 6.3. Y-o-Y Growth Trend Analysis 7. Global Bioabsorbable Stents Market Value Analysis 2015-2021 and Forecast, 2022-2032 7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032, By Material 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) Analysis By Material, 2015-2021 8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Material, 2022-2032 8.3.1. Bioresorbable polymer based stents 8.3.2. Bioresorbable metallic stents 8.4. Market Attractiveness Analysis By Material 9. Global Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032, By Absorption Rate 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By Absorption Rate , 2015-2021 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Absorption Rate , 2022-2032 9.3.1. Slow- absorption stents 9.3.2. Fast- absorption stents 9.4. Market Attractiveness Analysis By Absorption Rate 10. Global Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032, By Application 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Application, 2015-2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032 10.3.1. Coronary Artery Diseases 10.3.2. Peripheral Artery Diseases 10.4. Market Attractiveness Analysis By Application 11. Global Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032, By End User 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End User, 2015-2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2022-2032 11.3.1. Hospitals 11.3.2. Cardiac Centers 11.4. Market Attractiveness Analysis By End User 12. Global Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032, By Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021 12.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. Asia Pacific 12.3.5. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 13.4.1. By Country 13.4.1.1. U.S. 13.4.1.2. Canada 13.4.1.3. Rest of North America 13.4.2. By Material 13.4.3. By Absorption Rate 13.4.4. By End User 13.4.5. By Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Material 13.5.3. By Absorption Rate 13.5.4. By End User 13.5.5. By Application 14. Latin America Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 14.4.1. By Country 14.4.1.1. Brazil 14.4.1.2. Mexico 14.4.1.3. Rest of Latin America 14.4.2. By Material 14.4.3. By Absorption Rate 14.4.4. By End User 14.4.5. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Material 14.5.3. By Absorption Rate 14.5.4. By End User 14.5.5. By Application 15. Europe Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 15.4.1. By Country 15.4.1.1. Germany 15.4.1.2. France 15.4.1.3. U.K. 15.4.1.4. Italy 15.4.1.5. Benelux 15.4.1.6. Nordic Countries 15.4.1.7. Rest of Europe 15.4.2. By Material 15.4.3. By Absorption Rate 15.4.4. By End User 15.4.5. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Material 15.5.3. By Absorption Rate 15.5.4. By End User 15.5.5. By Application 16. Asia Pacific Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 16.4.1. By Country 16.4.1.1. China 16.4.1.2. Japan 16.4.1.3. South Korea 16.4.1.4. Rest of Asia Pacific 16.4.2. By Material 16.4.3. By Absorption Rate 16.4.4. By End User 16.4.5. By Application 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Material 16.5.3. By Absorption Rate 16.5.4. By End User 16.5.5. By Application 17. Middle East and Africa Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 17.4.1. By Country 17.4.1.1. GCC Countries 17.4.1.2. South Africa 17.4.1.3. Turkey 17.4.1.4. Rest of Middle East and Africa 17.4.2. By Material 17.4.3. By Absorption Rate 17.4.4. By End User 17.4.5. By Application 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By Material 17.5.3. By Absorption Rate 17.5.4. By End User 17.5.5. By Application 18. Key Countries Bioabsorbable Stents Market Analysis 2015-2021 and Forecast 2022-2032 18.1. Introduction 18.1.1. Market Value Proportion Analysis, By Key Countries 18.1.2. Global Vs. Country Growth Comparison 18.2. US Bioabsorbable Stents Market Analysis 18.2.1. Value Proportion Analysis by Market Taxonomy 18.2.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.2.2.1. By Material 18.2.2.2. By Absorption Rate 18.2.2.3. By End User 18.2.2.4. By Application 18.3. Canada Bioabsorbable Stents Market Analysis 18.3.1. Value Proportion Analysis by Market Taxonomy 18.3.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.3.2.1. By Material 18.3.2.2. By Absorption Rate 18.3.2.3. By End User 18.3.2.4. By Application 18.4. Mexico Bioabsorbable Stents Market Analysis 18.4.1. Value Proportion Analysis by Market Taxonomy 18.4.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.4.2.1. By Material 18.4.2.2. By Absorption Rate 18.4.2.3. By End User 18.4.2.4. By Application 18.5. Brazil Bioabsorbable Stents Market Analysis 18.5.1. Value Proportion Analysis by Market Taxonomy 18.5.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.5.2.1. By Material 18.5.2.2. By Absorption Rate 18.5.2.3. By End User 18.5.2.4. By Application 18.6. Germany Bioabsorbable Stents Market Analysis 18.6.1. Value Proportion Analysis by Market Taxonomy 18.6.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.6.2.1. By Material 18.6.2.2. By Absorption Rate 18.6.2.3. By End User 18.6.2.4. By Application 18.7. France Bioabsorbable Stents Market Analysis 18.7.1. Value Proportion Analysis by Market Taxonomy 18.7.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.7.2.1. By Material 18.7.2.2. By Absorption Rate 18.7.2.3. By End User 18.7.2.4. By Application 18.8. Italy Bioabsorbable Stents Market Analysis 18.8.1. Value Proportion Analysis by Market Taxonomy 18.8.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.8.2.1. By Material 18.8.2.2. By Absorption Rate 18.8.2.3. By End User 18.8.2.4. By Application 18.9. BENELUX Bioabsorbable Stents Market Analysis 18.9.1. Value Proportion Analysis by Market Taxonomy 18.9.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.9.2.1. By Material 18.9.2.2. By Absorption Rate 18.9.2.3. By End User 18.9.2.4. By Application 18.10. UK Bioabsorbable Stents Market Analysis 18.10.1. Value Proportion Analysis by Market Taxonomy 18.10.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.10.2.1. By Material 18.10.2.2. By Absorption Rate 18.10.2.3. By End User 18.10.2.4. By Application 18.11. Nordic Countries Bioabsorbable Stents Market Analysis 18.11.1. Value Proportion Analysis by Market Taxonomy 18.11.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.11.2.1. By Material 18.11.2.2. By Absorption Rate 18.11.2.3. By End User 18.11.2.4. By Application 18.12. China Bioabsorbable Stents Market Analysis 18.12.1. Value Proportion Analysis by Market Taxonomy 18.12.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.12.2.1. By Material 18.12.2.2. By Absorption Rate 18.12.2.3. By End User 18.12.2.4. By Application 18.13. Japan Bioabsorbable Stents Market Analysis 18.13.1. Value Proportion Analysis by Market Taxonomy 18.13.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.13.2.1. By Material 18.13.2.2. By Absorption Rate 18.13.2.3. By End User 18.13.2.4. By Application 18.14. South Korea Bioabsorbable Stents Market Analysis 18.14.1. Value Proportion Analysis by Market Taxonomy 18.14.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.14.2.1. By Material 18.14.2.2. By Absorption Rate 18.14.2.3. By End User 18.14.2.4. By Application 18.15. GCC Countries Bioabsorbable Stents Market Analysis 18.15.1. Value Proportion Analysis by Market Taxonomy 18.15.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.15.2.1. By Material 18.15.2.2. By Absorption Rate 18.15.2.3. By End User 18.15.2.4. By Application 18.16. South Africa Bioabsorbable Stents Market Analysis 18.16.1. Value Proportion Analysis by Market Taxonomy 18.16.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.16.2.1. By Material 18.16.2.2. By Absorption Rate 18.16.2.3. By End User 18.16.2.4. By Application 18.17. Turkey Bioabsorbable Stents Market Analysis 18.17.1. Value Proportion Analysis by Market Taxonomy 18.17.2. Value Analysis and Forecast by Market Taxonomy, 2022-2032 18.17.2.1. By Material 18.17.2.2. By Absorption Rate 18.17.2.3. By End User 18.17.2.4. By Application 18.17.3. Competition Landscape and Player Concentration in the Country 19. Market Structure Analysis 19.1. Market Analysis by Tier of Companies 19.2. Market Concentration 19.3. Market Share Analysis of Top Players 19.4. Market Presence Analysis 19.4.1. By Regional footprint of Players 19.4.2. Product footprint by Players 20. Competition Analysis 20.1. Competition Dashboard 20.2. Competition Benchmarking 20.3. Competition Deep Dive 20.3.1. BIOTRONIK 20.3.1.1. Overview 20.3.1.2. Product Portfolio 20.3.1.3. Sales Footprint 20.3.1.4. Strategy Overview 20.3.2. Abbott Laboratories 20.3.2.1. Overview 20.3.2.2. Product Portfolio 20.3.2.3. Sales Footprint 20.3.2.4. Strategy Overview 20.3.3. REVA Medical, Inc. 20.3.3.1. Overview 20.3.3.2. Product Portfolio 20.3.3.3. Sales Footprint 20.3.3.4. Strategy Overview 20.3.4. Elixir Medical Corporation 20.3.4.1. Overview 20.3.4.2. Product Portfolio 20.3.4.3. Sales Footprint 20.3.4.4. Strategy Overview 20.3.5. Arterial Remodeling Technologies S.A. 20.3.5.1. Overview 20.3.5.2. Product Portfolio 20.3.5.3. Sales Footprint 20.3.5.4. Strategy Overview 20.3.6. Kyoto Medical Planning Co., Ltd. 20.3.6.1. Overview 20.3.6.2. Product Portfolio 20.3.6.3. Sales Footprint 20.3.6.4. Strategy Overview 20.3.7. Microport Scientific Corporation 20.3.7.1. Overview 20.3.7.2. Product Portfolio 20.3.7.3. Sales Footprint 20.3.7.4. Strategy Overview 20.3.8. Arterius Ltd. 20.3.8.1. Overview 20.3.8.2. Product Portfolio 20.3.8.3. Sales Footprint 20.3.8.4. Strategy Overview 21. Assumptions and Acronyms Used 22. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 02: Global Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 03: Global Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 04: Global Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 05: Global Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 06: Global Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 07: Global Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 08: Global Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 09: Global Bioabsorbable Stents Market, By Region, 2015 – 2032
Table 10: Global Bioabsorbable Stents Market, By Region, 2022 – 2032
Table 11: North America Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 12: North America Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 13: North America Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 14: North America Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 15: North America Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 16: North America Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 17: North America Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 18: North America Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 19: North America Bioabsorbable Stents Market, By Country, 2015 – 2032
Table 20: North America Bioabsorbable Stents Market, By Country, 2022 – 2032
Table 21: Latin America Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 22: Latin America Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 23: Latin America Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 24: Latin America Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 25: Latin America Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 26: Latin America Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 27: Latin America Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 28: Latin America Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 29: Latin America Bioabsorbable Stents Market, By Country, 2015 – 2032
Table 30: Latin America Bioabsorbable Stents Market, By Country, 2022 – 2032
Table 31: Europe Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 32: Europe Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 33: Europe Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 34: Europe Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 35: Europe Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 36: Europe Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 37: Europe Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 38: Europe Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 39: Europe Bioabsorbable Stents Market, By Country, 2015 – 2032
Table 40: Europe Bioabsorbable Stents Market, By Country, 2022 – 2032
Table 41: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 42: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 43: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 44: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 45: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 46: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 47: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 48: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 49: Asia Pacific Bioabsorbable Stents Market, By Country, 2015 – 2032
Table 50: Asia Pacific Bioabsorbable Stents Market, By Country, 2022 – 2032
Table 51: MEA Bioabsorbable Stents Market Value (US$ Mn),By Material, 2015 – 2032
Table 52: MEA Bioabsorbable Stents Market Value (US$ Mn),By Material, 2022 – 2032
Table 53: MEA Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2015 – 2032
Table 54: MEA Bioabsorbable Stents Market Value (US$ Mn), By Absorption Rate , 2022 – 2032
Table 55: MEA Bioabsorbable Stents Market Value (US$ Mn), By Application, 2015 – 2032
Table 56: MEA Bioabsorbable Stents Market Value (US$ Mn), By Application, 2022 – 2032
Table 57: MEA Bioabsorbable Stents Market Value (US$ Mn), By End User, 2015 – 2032
Table 58: MEA Bioabsorbable Stents Market Value (US$ Mn), By End User, 2022 – 2032
Table 59: MEA Bioabsorbable Stents Market, By Country, 2015 – 2032
Table 60: MEA Bioabsorbable Stents Market, By Country, 2022 – 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 02: Global Bioabsorbable Stents Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 03: Global Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 04: Global Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 05: Global Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 06: Global Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 07: Global Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 08: Global Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 09: Global Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 10: Global Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 11: Global Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 12: Global Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 13: Global Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 14: Global Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 15: Global Bioabsorbable Stents Market Share, By Region, 2021 & 2032
Figure 16: Global Bioabsorbable Stents Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 17: Global Bioabsorbable Stents Market Attractiveness Index, By Region – 2022-2032
Figure 18: North America Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 19: North America Bioabsorbable Stents Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 20: North America Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 21: North America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 22: North America Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 23: North America Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 24: North America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 25: North America Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 26: North America Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 27: North America Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 28: North America Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 29: North America Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 30: North America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 31: North America Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 32: North America Bioabsorbable Stents Market Share, By Country, 2021 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 34: North America Market Attractiveness Index, By Country – 2022-2032
Figure 35: Latin America Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 36: Latin America Bioabsorbable Stents Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 37: Latin America Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 38: Latin America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 39: Latin America Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 40: Latin America Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 41: Latin America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 42: Latin America Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 43: Latin America Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 44: Latin America Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 45: Latin America Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 46: Latin America Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 47: Latin America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 48: Latin America Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 49: Latin America Bioabsorbable Stents Market Share, By Country, 2021 & 2032
Figure 50: Latin America Bioabsorbable Stents Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 51: Latin America Bioabsorbable Stents Market Attractiveness Index, By Country – 2022-2032
Figure 52: Europe Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 53: Europe Bioabsorbable Stents Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 54: Europe Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 55: Europe Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 56: Europe Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 57: Europe Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 58: Europe Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 59: Europe Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 60: Europe Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 61: Europe Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 62: Europe Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 63: Europe Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 64: Europe Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 65: Europe Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 66: Europe Bioabsorbable Stents Market Share, By Country, 2021 & 2032
Figure 67: Europe Bioabsorbable Stents Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 68: Europe Bioabsorbable Stents Market Attractiveness Index, By Country – 2022-2032
Figure 69: MEA Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 70: MEA Bioabsorbable Stents Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 71: MEA Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 72: MEA Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 73: MEA Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 74: MEA Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 75: MEA Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 76: MEA Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 77: MEA Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 78: MEA Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 79: MEA Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 80: MEA Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 81: MEA Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 82: MEA Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 83: MEA Bioabsorbable Stents Market Share, By Country, 2021 & 2032
Figure 84: MEA Bioabsorbable Stents Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 85: MEA Bioabsorbable Stents Market Attractiveness Index, By Country – 2022-2032
Figure 86: Asia Pacific Bioabsorbable Stents Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 87: Asia Pacific Bioabsorbable Stents Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 88: Asia Pacific Bioabsorbable Stents Market Share, By Material, 2021 & 2032
Figure 89: Asia Pacific Bioabsorbable Stents Market Y-o-Y Growth Projections, By Material – 2022-2032
Figure 90: Asia Pacific Bioabsorbable Stents Market Attractiveness Index, By Material – 2022-2032
Figure 91: Asia Pacific Bioabsorbable Stents Market Share, By Absorption Rate , 2021 & 2032
Figure 92: Asia Pacific Bioabsorbable Stents Market Y-o-Y Growth Projections, By Absorption Rate – 2022-2032
Figure 93: Asia Pacific Bioabsorbable Stents Market Attractiveness Index, By Absorption Rate – 2022-2032
Figure 94: Asia Pacific Bioabsorbable Stents Market Share, By End User, 2021 & 2032
Figure 95: Asia Pacific Bioabsorbable Stents Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 96: Asia Pacific Bioabsorbable Stents Market Attractiveness Index, By End User – 2022-2032
Figure 97: Asia Pacific Bioabsorbable Stents Market Share, By Application, 2021 & 2032
Figure 98: Asia Pacific Bioabsorbable Stents Market Y-o-Y Growth Projections, By Application – 2022-2032
Figure 99: Asia Pacific Bioabsorbable Stents Market Attractiveness Index, By Application – 2022-2032
Figure 100: Asia Pacific Bioabsorbable Stents Market Share, By Country, 2021 & 2032
Figure 101: Asia Pacific Bioabsorbable Stents Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 102: Asia Pacific Bioabsorbable Stents Market Attractiveness Index, By Country – 2022-2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the Growth Outlook of the Bioabsorbable Stents Market?
The global bioabsorbable stents market is estimated to record a CAGR of 9.6% during the forecast period.
What is the projected Value of Bioabsorbable Stents Market By 2032?
The global bioabsorbable stents market is predicted to be valued at US$ 1 Billion by 2032.
What was the Historical Size of the Bioabsorbable Stents Market?
The global bioabsorbable stents market was valued at US$ 372 Million in 2021.
Which Country is the largest Dominant Share Holder in the Bioabsorbable Stents Market?
United States (US) accounts for the largest revenue share in the global bioabsorbable stents market.
Which Geographical Region has the Highest Growth Potential in the Bioabsorbable Stents Market?
Asia Pacific region is predicted to witness the highest CAGR in the bioabsorbable stents market.
Bioabsorbable Stents Market