Growth in awareness about benefits of bioabsorbable stents and increase in incidence of cardiovascular diseases.

WILMINGTON, DELAWARE, UNITED STATES, October 24, 2023 /EINPresswire.com/ -- Bioabsorbable Stents Market is expected to witness significant growth over the next decade. According to recent research, the industry was valued at USD 375.5 million in 2022 and is projected to grow at a compound annual growth rate of 6.4% from 2023 to 2031. This would bring the total market size to over USD 560.1 million by the end of 2031.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26879

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀:

Growing geriatric population and rising prevalence of cardiovascular diseases globally is a major market driver. The elderly are more prone to conditions like heart disease that often require stent placement.

Advantages of bioabsorbable stents over conventional metal stents is boosting their adoption. They dissolve naturally and do not require additional surgery for removal. This reduces long-term complications.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀:

Favorable reimbursement policies for bioabsorbable stents in developed countries is a key growth opportunity.

Collaborations between industry players and research institutes to strengthen product pipelines.

Emerging economies in Asia Pacific and Latin America with large patient pools present significant market potential.

However, high capital requirements and risks involved also pose challenges for new entrants in this market.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

Technological advancements focused on developing newer bioabsorbable materials, coatings and stent designs for improved performance.

Increasing clinical trials and regulatory approvals for new bioabsorbable stent products.

Growing preference for minimally invasive procedures and demand for implants that do not require long-term anti-platelet therapy.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=26879

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻

𝗕𝗶𝗼𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹

Bioabsorbable Polymer-based Stents

Bioabsorbable Metallic Stents

𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻

Coronary Artery Disease

Peripheral Artery Disease

Absorption Rate

Slow Absorption Rate

Fast Absorption Rate

𝗘𝗻𝗱-𝘂𝘀𝗲𝗿

Hospitals

Cardiac Centers

Ambulatory Surgical Centers

𝗣𝗿𝗼𝗺𝗶𝗻𝗲𝗻𝘁 𝗕𝗶𝗼𝗮𝗯𝘀𝗼𝗿𝗯𝗮𝗯𝗹𝗲 𝗦𝘁𝗲𝗻𝘁𝘀 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

Amaranth Medical

Arterial Remodeling Technologies

Arterius LimitedBraun Melsungen AG

Biotronik SE & Co. KG

Boston Scientific Corporation

Elixir Medical Corporation

Kyoto Medical Planning Co. Ltd.

Microport Scientific Corporation

Reva Medical

Terumo Corporation

𝗧𝗔𝗕𝗟𝗘 𝗢𝗙 𝗖𝗢𝗡𝗧𝗘𝗡𝗧

Preface

Assumptions and Research Methodology

Executive Summary: Global Bioabsorbable Stents Market

Market Overview

Key Insights

Global Market Analysis and Forecast, By Biomaterial

Global Market Analysis and Forecast, By Application

Global Market Analysis and Forecast, By Absorption Rate

Global Market Analysis and Forecast, By End-user

Global Market Analysis and Forecast, By Region

North America Market Analysis and Forecast

Europe Market Analysis and Forecast

Asia Pacific Market Analysis and Forecast

Latin America Market Analysis and Forecast

Middle East & Africa Market Analysis and Forecast

Competition Landscape
𝗛𝗮𝘃𝗲 𝗔𝗻𝘆 𝗤𝘂𝗲𝗿𝘆? 𝗔𝘀𝗸 𝗢𝘂𝗿 𝗘𝘅𝗽𝗲𝗿𝘁𝘀 https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=26879

𝗦𝗼𝗺𝗲 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗔𝗻𝘀𝘄𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:

Which regions will continue to remain the most profitable regional markets for Bioabsorbable Stents market players?

Which factors will induce a change in the demand for Bioabsorbable Stents during the assessment period?

How will changing trends impact the market?

How can market players capture the low-hanging opportunities in the Bioabsorbable Stents market in developed regions?

Which companies are leading the industry?

What are the winning strategies of stakeholders in the market to upscale their position in this landscape?

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡-

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Nikhil Sawlani
Transparency Market Research Inc.
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