Global Bioresorbable Stents Industry Report 2023-2030: Europe Dominates the Market, Asia-Pacific Exhibits Fastest Growth

DUBLIN, Jan. 11, 2024 /PRNewswire/ — The “Bioresorbable Stents – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Bioresorbable Stents Market to Reach $990.5 Million by 2030

The global market for Bioresorbable Stents estimated at US$390.2 Million in the year 2022, is projected to reach a revised size of US$990.5 Million by 2030, growing at a CAGR of 12.4% over the analysis period 2022-2030.

This report provides comprehensive insights into the design and composition of Bioresorbable Scaffolds, categorizing them into different types, including Metallic Bioresorbable Scaffolds and Polymer Bioresorbable Scaffolds. The degradation periods of select bioabsorbable materials are also discussed, highlighting the challenges faced in this field.

Clinical characteristics of various coronary stents and other treatment options for coronary heart disease, such as Coronary Artery Bypass Grafting (CABG), Minimally Invasive Direct Coronary Artery Bypass (MIDCAB), and TransMyocardial Laser Revascularization (TMR), are explored.

Polymer-based, one of the segments analyzed in the report, is projected to record 13.1% CAGR and reach US$729.2 Million by the end of the analysis period. Growth in the Metal-Based segment is estimated at 10.5% CAGR for the next 8-year period.

The report delves into the dangers of Peripheral Arterial Disease (PAD) and the available treatment options, including stenting as a viable choice. Bioresorbable Stents are introduced, emphasizing their advantages and challenges. The discontinuation of the ‘Absorb’ Bioresorbable Stents by Abbott due to adverse events is also discussed.

The global market overview highlights the anticipated growth of Bioresorbable Stents in the future, with Europe dominating and Asia-Pacific exhibiting the fastest growth. The report categorizes stents into metallic and polymer-based categories, discussing their respective advantages and challenges. The availability of alternative treatments is identified as a potential hindrance to market growth.

The market outlook envisions the future of vascular stents with the integration of biosensor technology, emphasizing the potential of Bioresorbable and Integrated Biosensor Technology in redefining the field.

The competition section lists approved Bioresorbable Scaffolds and Bioresorbable Stents in the pipeline. It also mentions Abbott’s revival of Bioresorbable Stent clinical trials to evaluate the new Esprit Scaffold.

Select Competitors

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Polymeric Resorbable Scaffolds Hold a Major Market ShareThe Absorb BRS programDesaminotyrosine Polycarbonate-based BRSThe FANTOM programMagnesium-based BRSThe Magmaris programIron-based BRSGlobal Menace of Coronary Artery Disease (CAD) – A Major Growth DriverGlobal Annual Medical Cost of CVD in the United States: 2015-2030Fatalities by Heart Conditions – Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and OthersAgeing Demographics and Longer Life Expectancy Bolsters Market GrowthGlobal Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030Rising Middle Class Population Aids GrowthGlobal Middle Class Population (in Millions) by Geographic Region: 2010, 2020P & 2030PRising Healthcare Expenditure: Opportunities in StoreWorld Healthcare Expenditure (In US$ Billion) for the Years 2017-2023Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023Risk of CAD in Obesity Offers Prospects for Coronary StentingObesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030PDiabetics at Higher Risk of Heart DiseasesTABLE 15: Diabetes Prevalence Worldwide by Region: Number of Adults (20-79 Years) with Diabetes in 2015 and 2040The Hypertension-Cholesterol Link to Drive DemandHypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ YearsMetal Bioresorbable scaffolds Exhibit Improved Performance Compared to Polymer StentsMetal Stents Vis-a-Vis Other Stents

FOCUS ON SELECT PLAYERS (Total 25 Featured)

Abbott Laboratories, Inc.Boston Scientific CorporationBiotronik SE & Co. KGEurocor GmbHBiosensors International Group Ltd.Elixir Medical CorporationInSitu Technologies, Inc.Kyoto Medical Planning Co., Ltd.Medinol Ltd.Lepu Medical Technology (Beijing) Co., Ltd.Alvimedica Saglik Ekipmanlari Pazarlama Satis ve Dagitim A.S.Meril Life Sciences Pvt., Ltd.Arterial Remodeling Technologies SAiVascular S.L.UEndocor GmbH

For more information about this report visit https://www.researchandmarkets.com/r/6d9kbx

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected] 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/global-bioresorbable-stents-industry-report-2023-2030-europe-dominates-the-market-asia-pacific-exhibits-fastest-growth-302032967.html

SOURCE Research and Markets