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Medical Devices

Global Bioabsorbable Stents Market Size study, by Product Type (Polymeric Stents, Metallic Stents, Polymeric-coated Metallic Stents) by Disease Indication (coronary artery disease, Peripheral Artery Disease) by Absorption Rate (Slow Absorption Rate, Fast Absorption Rate) by end use industries (Hospitals, Cardiac Catheterization Labs, Ambulatory Surgical Centers) and Regional Forecasts 2022-2028

  • BIZ4950818
  • 200 Pages
  • March 2022
  • Medical Devices
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Global Bioabsorbable Stents Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. A bioresorbable stent commonly known as naturally dissolving stent serves the same purpose as metal-based stent but is manufactured from a material that can dissolve or be absorbed in the body over time. Generally, bioresorbable stents are made of polylactic acid, a naturally dissolvable material that is used in medical implants such as dissolving sutures. Growing prevalence of cardiovascular diseases (CVDs) and rising R&D activities and product innovation from leading market players are key drivers for the growth of Bioabsorbable Stents market. For instance, according to global database Management Company Statista- As of 2021, approximately 17.9 million people died from CVDs in 2019, accounting for 32% of all global deaths. Of these 17.9 million deaths, 85% were due to heart attack and stroke. Furthermore, as per American College of Cardiology (ACC)- in 2019, CVD was the leading cause of 9.6 million deaths among men and 8.9 million deaths among women, around a third of all deaths globally. Furthermore, in July 2021, BD (Becton, Dickinson, and Company), an American multinational medical technology company has acquired Tepha, Inc., a leading developer and manufacturer of a proprietary resorbable polymer technology. Moreover, in September 2021, Germany based medical device company, Biotronik has received US FDA approval of its Orsiro Mission bioabsorbable polymer coronary drug-eluting stent system (BP-DES). Also, with the increasing advancements in Medical Equipment Technology and rising healthcare sector in emerging economies, the adoption & demand for Bioabsorbable Stents is likely to increase the market growth during the forecast period. However, lack of awareness regarding Bioabsorbable Stents and complications associated with bioabsorbable stents such as susceptible to structural failure impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Bioabsorbable Stents market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and higher disposable income and better healthcare infrastructure in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising prevalence of cardiovascular diseases and growing healthcare infrastructure in the region would create lucrative growth prospects for the Bioabsorbable Stents market across Asia-Pacific region.

Major market player included in this report are:

Abbott Laboratories,

Amaranth Medical, Inc.,

BIOTRONIK SE & Co. KG,

Elixir Medical Corporation,

REVA Medical, Inc.,

Tepha, Inc.,

Kyoto Medical Planning Co., Ltd.,

Boston Scientific Corporation,

Becton Dickinson and Company

Lepu Medical Technology (Beijing) Co., Ltd.,

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Polymeric Stents

Metallic Stents

Polymeric-coated Metallic Stents

By Disease Indication:

Coronary Artery Disease

Peripheral Artery Disease

By Absorption Rate:

Slow Absorption Rate

Fast Absorption Rate

By End Use Industries:

Hospitals

Cardiac Catheterization Labs

Ambulatory Surgical Centers

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2022

Forecast period – 2022 to 2028

Target Audience of the Global Bioabsorbable Stents Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Bioabsorbable Stents Market, by Region, 2020-2028 (USD Billion)

1.2.2. Bioabsorbable Stents Market, by Product Type, 2020-2028 (USD Billion)

1.2.3. Bioabsorbable Stents Market, by Disease Indication, 2020-2028 (USD Billion)

1.2.4. Bioabsorbable Stents Market, by Absorption Rate, 2020-2028 (USD Billion)

1.2.5. Bioabsorbable Stents Market, by End Use Industries, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Bioabsorbable Stents Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Bioabsorbable Stents Market Dynamics

3.1. Bioabsorbable Stents Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing prevalence of cardiovascular diseases (CVDs).

3.1.1.2. Rising R&D activities and product innovation.

3.1.2. Market Challenges

3.1.2.1. complications associated with bioabsorbable stents.

3.1.2.2. Lack of awareness about the bioabsorbable stents.

3.1.3. Market Opportunities

3.1.3.1. Rising advancements in Medical Equipment Technology.

3.1.3.2. Growing Healthcare industry in emerging economies.

Chapter 4. Global Bioabsorbable Stents Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Bioabsorbable Stents Market, by Product Type

6.1. Market Snapshot

6.2. Global Bioabsorbable Stents Market by Product Type, Performance - Potential Analysis

6.3. Global Bioabsorbable Stents Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)

6.4. Bioabsorbable Stents Market, Sub Segment Analysis

6.4.1. Polymeric Stents

6.4.2. Metallic Stents

6.4.3. Polymeric-coated Metallic Stents

Chapter 7. Global Bioabsorbable Stents Market, by Disease Indication

7.1. Market Snapshot

7.2. Global Bioabsorbable Stents Market by Disease Indication, Performance - Potential Analysis

7.3. Global Bioabsorbable Stents Market Estimates & Forecasts by Disease Indication 2019-2028 (USD Billion)

7.4. Bioabsorbable Stents Market, Sub Segment Analysis

7.4.1. Coronary Artery Disease

7.4.2. Peripheral Artery Disease

Chapter 8. Global Bioabsorbable Stents Market, by Absorption Rate

8.1. Market Snapshot

8.2. Global Bioabsorbable Stents Market by Absorption Rate, Performance - Potential Analysis

8.3. Global Bioabsorbable Stents Market Estimates & Forecasts by Absorption Rate 2019-2028 (USD Billion)

8.4. Bioabsorbable Stents Market, Sub Segment Analysis

8.4.1. Slow Absorption Rate

8.4.2. Fast Absorption Rate

Chapter 9. Global Bioabsorbable Stents Market, by End Use Industries

9.1. Market Snapshot

9.2. Global Bioabsorbable Stents Market by End Use Industries, Performance - Potential Analysis

9.3. Global Bioabsorbable Stents Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)

9.4. Bioabsorbable Stents Market, Sub Segment Analysis

9.4.1. Hospitals

9.4.2. Cardiac Catheterization Labs

9.4.3. Ambulatory Surgical Centers

Chapter 10. Global Bioabsorbable Stents Market, Regional Analysis

10.1. Bioabsorbable Stents Market, Regional Market Snapshot

10.2. North America Bioabsorbable Stents Market

10.2.1. U.S. Bioabsorbable Stents Market

10.2.1.1. Product Type breakdown estimates & forecasts, 2019-2028

10.2.1.2. Disease Indication breakdown estimates & forecasts, 2019-2028

10.2.1.3. Absorption Rate breakdown estimates & forecasts, 2019-2028

10.2.1.4. End Use Industries breakdown estimates & forecasts, 2019-2028

10.2.2. Canada Bioabsorbable Stents Market

10.3. Europe Bioabsorbable Stents Market Snapshot

10.3.1. U.K. Bioabsorbable Stents Market

10.3.2. Germany Bioabsorbable Stents Market

10.3.3. France Bioabsorbable Stents Market

10.3.4. Spain Bioabsorbable Stents Market

10.3.5. Italy Bioabsorbable Stents Market

10.3.6. Rest of Europe Bioabsorbable Stents Market

10.4. Asia-Pacific Bioabsorbable Stents Market Snapshot

10.4.1. China Bioabsorbable Stents Market

10.4.2. India Bioabsorbable Stents Market

10.4.3. Japan Bioabsorbable Stents Market

10.4.4. Australia Bioabsorbable Stents Market

10.4.5. South Korea Bioabsorbable Stents Market

10.4.6. Rest of Asia Pacific Bioabsorbable Stents Market

10.5. Latin America Bioabsorbable Stents Market Snapshot

10.5.1. Brazil Bioabsorbable Stents Market

10.5.2. Mexico Bioabsorbable Stents Market

10.6. Rest of The World Bioabsorbable Stents Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Abbott Laboratories,

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Amaranth Medical, Inc.,

11.2.3. BIOTRONIK SE & Co. KG,

11.2.4. Elixir Medical Corporation,

11.2.5. REVA Medical, Inc.,

11.2.6. Tepha, Inc.,

11.2.7. Kyoto Medical Planning Co., Ltd.,

11.2.8. Boston Scientific Corporation,

11.2.9. Becton Dickinson and Company

11.2.10. Lepu Medical Technology (Beijing) Co., Ltd.,

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Bioabsorbable Stents Market, report scope

TABLE 2. Global Bioabsorbable Stents Market estimates & forecasts by Region 2019-2028 (USD Billion)

TABLE 3. Global Bioabsorbable Stents Market estimates & forecasts by Product Type 2019-2028 (USD Billion)

TABLE 4. Global Bioabsorbable Stents Market estimates & forecasts by Disease Indication 2019-2028 (USD Billion)

TABLE 5. Global Bioabsorbable Stents Market estimates & forecasts by Absorption Rate 2019-2028 (USD Billion)

TABLE 6. Global Bioabsorbable Stents Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)

TABLE 7. Global Bioabsorbable Stents Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 8. Global Bioabsorbable Stents Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 9. Global Bioabsorbable Stents Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 10. Global Bioabsorbable Stents Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 11. Global Bioabsorbable Stents Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 12. Global Bioabsorbable Stents Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 13. Global Bioabsorbable Stents Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 14. Global Bioabsorbable Stents Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 15. Global Bioabsorbable Stents Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 16. Global Bioabsorbable Stents Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 17. U.S. Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 18. U.S. Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 19. U.S. Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 20. Canada Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 21. Canada Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 22. Canada Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 23. UK Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 24. UK Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 25. UK Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 26. Germany Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 27. Germany Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 28. Germany Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 29. RoE Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 30. RoE Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 31. RoE Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 32. China Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 33. China Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 34. China Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 35. India Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 36. India Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 37. India Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 38. Japan Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 39. Japan Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 40. Japan Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 41. RoAPAC Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 42. RoAPAC Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 43. RoAPAC Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 44. Brazil Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 45. Brazil Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 46. Brazil Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 47. Mexico Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 48. Mexico Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 49. Mexico Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 50. RoLA Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 51. RoLA Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 52. RoLA Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 53. Row Bioabsorbable Stents Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 54. Row Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 55. Row Bioabsorbable Stents Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Bioabsorbable Stents Market

TABLE 57. List of primary sources, used in the study of global Bioabsorbable Stents Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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