Bioabsorbable Stents Market – Increasing Environmental Awareness Among the Population Driving Demands
Bioabsorbable Stents Market are defined as medical devices that are implanted into the blood vessels or other internal ducts for the treatment of blocked vessels or arteries. It is typically made up of metal mesh and remains in the body permanently or until removed via surgical intervention. A biodegradable stent on the other hand is made of biological material, which is dissolved or absorbed in the body. These stents eliminate the requirement of surgery to remove stents.
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By absorption rate, the global bioresorbable stents market is segmented into slow-absorption stents and fast-absorption stents. In 2017, the slow-absorption stents segment is expected to account for the largest share of the market. The large share of this segment can be attributed to the advantages it offers such as the longer duration of drug release within the artery provided by these stents and the reduced need for stent re-implantation.
The hospitals segment is expected to dominate the market and grow at the highest CAGR of during the forecast period. The high growth in this segment is attributed to increasing need of surgeries, growing risk of CAD and PAD, and improving reimbursement scenario for the hospitals.
In 2018, Europe is expected to dominate the global bioresorbable stents market. Factors such as increasing regulatory approvals for stents which will facilitate their commercialization and rising research activities for development of bioresorbable stents in the region are expected to drive the growth of this regional segment.
The global Bioabsorbable Stents market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Boston Scientific
Abbott Laboratories
Biotronik
REVA Medical
Elixir Medical Corporation
Kyoto Medical Planning
Amaranth Medical
Arterial Remodeling Technologies
Meril Life Sciences
Arterius LimitedLepu Medical Technology
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Material
Bioresorbable Polymer Based Stents
Bioresorbable Metallic Stents
By Absorption Rate
Slow- Absorption Stents
Fast- Absorption Stents
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Hospitals
Clinics
ASCs
The study objectives of this report are:
To analyze and study the global Bioabsorbable Stents sales, value, status (2013-2017) and forecast (2018-2025).
Focuses on the key Bioabsorbable Stents manufacturers, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
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Key Stakeholders
Bioabsorbable Stents Manufacturers
Bioabsorbable Stents Distributors/Traders/Wholesalers
Bioabsorbable Stents Subcomponent Manufacturers
Industry Association
Downstream Vendors
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