Bioabsorbable Stents Market

Global Bioabsorbable Stents Market Size, Trends & Analysis - Forecasts to 2028 By Product Type (Polymeric and Metal-based), By Application (Coronary Artery Disease and Peripheral Artery Disease), By End User (Hospital and Cardiac Centers) By Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Healthcare
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This report was recently updated on June 16 2024 with the latest and most recent market numbers

Global Bioabsorbable Stents Market Size

The global bioabsorbable stents market is expected to grow at a CAGR of 5.7% from 2023 to 2028. Bioabsorbable stents, also known as bioresorbable or naturally-dissolving stents, are medical devices designed to treat blockages in blood vessels. They help expand and clear vessels, preventing blockages caused by plaque, and then naturally break down, eliminating the need for a permanent implant. Bioabsorbable stents aim to provide support during the healing process and eventually disappear, offering potential benefits in reducing long-term complications.

Key market drivers include the aging population, cardiovascular disease prevalence, and demand for minimally invasive procedures. The aging population contributes to the demand for bioabsorbable stents due to an increased prevalence of cardiovascular diseases in older individuals. As people age, there is a higher likelihood of developing cardiac conditions that necessitate interventions of stent placement. Additionally, the rising incidence of cardiovascular diseases globally further propels the need for advanced treatment options such as bioabsorbable stents. Additionally, there is an increasing inclination towards minimally invasive procedures, with bioabsorbable stents emerging as a less invasive option compared to conventional stents. This preference is driven by the rising demand for faster recovery periods and decreased postoperative complications. Lifestyle ailments and problems such as obesity have also increased the demand for bioabsorbable stents.

The restraining factors of the market include the high cost of devices which limit accessibility, hindering market expansion. Safety concerns associated with bioabsorbable stents also contribute to market constraints, prompting cautious adoption.

global bioabsorbable stents market

Global Bioabsorbable Stents Market: By Product Type

Based on product type, the market is segmented into polymeric and metal-based. The polymeric stent segment is expected to dominate the market during the forecast period. This surge in demand is propelled by advancements in medical technology, augmenting the demand for polymeric stents for their temporary support and subsequent absorption, facilitating smoother healing processes. They have less inflammatory response, complete drug elution, and a lower risk of complications. Ongoing research focuses on developing novel bioabsorbable stents with minimal restenosis and late-stent thrombosis risk.

The metal-based segment is projected to witness the fastest growth during the forecast period. This surge is attributed to advancements in metallurgy, enhancing stent durability and performance. The increasing preference for bioabsorbable stents in coronary interventions contributes to segment growth, as they offer temporary support and gradually dissolve, minimizing long-term complications.

Global Bioabsorbable Stents Market: By Application

Based on application, the market is segmented into coronary artery disease and peripheral artery disease. The coronary artery disease segment is expected to dominate the market during the forecast period. This dominance is attributed to the increasing prevalence of coronary artery disease due to the growing geriatric population and lifestyle disorders such as obesity, coupled with the advantages offered by bioabsorbable stents in promoting vessel healing. The rising demand for minimally invasive cardiovascular interventions further propels segment growth.

The peripheral artery disease segment is projected to witness the fastest growth during the forecast period. This is because of an increasing occurrence of peripheral artery disease, coupled with the growing adoption of advanced bioabsorbable stents. Also, the demand for minimally invasive vascular interventions and technological advancements in stent design further contribute to the segment growth.

Global Bioabsorbable Stents Market: By End User

Based on end user, the market is segmented into hospital and cardiac centers. The hospitals segment is expected to dominate the market during the forecast period. Hospitals witness a high volume of patients requiring vascular interventions, and bioabsorbable stents offer advantages such as reduced long-term complications and enhanced patient outcomes. Moreover, hospitals have the infrastructure to accommodate advanced medical procedures, making them the primary beneficiaries of bioabsorbable stent technologies in the context of diverse cardiovascular interventions.

The cardiac centers segment is projected to witness the fastest growth during the forecast period. The increasing prevalence of coronary artery diseases and a rising preference for minimally invasive procedures drive the demand for bioabsorbable stents. These centers actively embrace innovative technologies, promoting swift adoption and contributing to the notable growth.

asia pacific bioabsorbable stents market

Global Bioabsorbable Stents Market: By Region

North America is analysed to be the largest region in the global bioabsorbable stents market during the forecast period. North America stands as the largest region for the global bioabsorbable stent market primarily due to robust healthcare infrastructure, high incidence of cardiovascular diseases, and a growing number of R &D activities in medical field. Additionally, a growing aging population and increased awareness about advanced cardiac interventions contribute to North America's prominent position in the global bioabsorbable stents market.

Asia Pacific is analysed to be the fastest-growing region in the global bioabsorbable stents market during the forecast period. The high prevalence of cardiovascular diseases is fostering demand for advanced stent technologies. The increasing geriatric population contributes to a higher prevalence of coronary disorders. Improving healthcare infrastructure and accessibility enhance the adoption of innovative medical solutions. Initiatives by key market players, coupled with supportive government policies, further fuel the growth of bioabsorbable stents in the Asia Pacific region.

Global Bioabsorbable Stents Market Share and Competitor Analysis

The key players operating in the market are among Reva Medical, Inc., Boston Scientific Corporation, Biotronik Se & Co. Kg, Terumo Corporation, Arterial Remodeling Technologies, B. Braun Melsungen AG, Elixir Medical Corporation, Microport Scientific Corporation, Kyoto Medical Planning Co. Ltd, and Arterius Limited, among others.  

Please note: This is not an exhaustive list of companies profiled in the report.

Recent Developments

In January 2023, The U.S. Food and Drug Administration (FDA) approved the BioFreedom Drug Coated Coronary Stent (DCS) System – P190020 from Biosensors International. The BioFreedom Drug Coated Coronary Stent System is intended to treat a narrowed blood vessel (coronary artery) caused by coronary artery disease. The system consists of a catheter delivery system and a 316L stainless steel metal stent and is coated with the drug Biolimus A9

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL BIOABSORBABLE STENTS  MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL BIOABSORBABLE STENTS MARKET, BY PRODUCT TYPE

4.1   Introduction

4.2   Bioabsorbable Stents Market: Product Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Polymeric

4.4.1        Polymeric Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Metal-based

4.5.1        Metal-based Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL BIOABSORBABLE STENTS MARKET, BY APPLICATION

5.1   Introduction

5.2   Bioabsorbable Stents Market: Application Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Coronary Artery Disease

5.4.1        Coronary Artery Disease Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Peripheral Artery Disease

5.5.1        Peripheral Artery Disease Market Estimates and Forecast, 2020-2028 (USD Million)

6          GLOBAL BIOABSORBABLE STENTS MARKET, BY END USER

6.1   Introduction

6.2   Bioabsorbable Stents Market: End User Scope Key Takeaways

6.3   Revenue Growth Analysis, 2022 & 2028

6.4   Hospital

6.4.1        Hospital Market Estimates and Forecast, 2020-2028 (USD Million)

6.5   Cardiac Centers

6.5.1        Cardiac Centers Market Estimates and Forecast, 2020-2028 (USD Million)

7          GLOBAL BIOABSORBABLE STENTS MARKET, BY REGION

7.1   Introduction

7.2   North America Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.1        By Product Type

7.2.2        By Application

7.2.3        By End User

7.2.4        By Country

7.2.4.1     U.S. Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.1.1        By Product Type

7.2.4.1.2        By Application

7.2.4.1.3        By End User

7.2.4.2     Canada Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.2.1        By Product Type

7.2.4.2.2        By Application

7.2.4.2.3        By End User

7.2.4.3     Mexico Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.3.1        By Product Type

7.2.4.3.2        By Application

7.2.4.3.3        By End User

7.3   Europe Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.1        By Product Type

7.3.2        By Application

7.3.3        By End User

7.3.4        By Country

7.3.4.1     Germany Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.1.1        By Product Type

7.3.4.1.2        By Application

7.3.4.1.3        By End User

7.3.4.2     U.K. Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.2.1        By Product Type

7.3.4.2.2        By Application

7.3.4.2.3        By End User

7.3.4.3     France Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.3.1        By Product Type

7.3.4.3.2        By Application

7.3.4.3.3        By End User

7.3.4.4     Italy Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.4.1        By Product Type

7.3.4.4.2        By Application

7.2.4.4.3        By End User

7.3.4.5     Spain Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.5.1        By Product Type

7.3.4.5.2        By Application

7.2.4.5.3        By End User

7.3.4.6     Netherlands Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.6.1        By Product Type

7.3.4.6.2        By Application

7.2.4.6.3        By End User

7.3.4.7     Rest of Europe Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.7.1        By Product Type

7.3.4.7.2        By Application

7.2.4.7.3        By End User

7.4   Asia Pacific Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.1        By Product Type

7.4.2        By Application

7.4.3        By End User

7.4.4        By Country

7.4.4.1     China Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.1.1        By Product Type

7.4.4.1.2        By Application

7.4.4.1.3        By End User

7.4.4.2     Japan Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.2.1        By Product Type

7.4.4.2.2        By Application

7.4.4.2.3        By End User

7.4.4.3     India Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.3.1        By Product Type

7.4.4.3.2        By Application

7.4.4.3.3        By End User

7.4.4.4     South Korea Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.4.1        By Product Type

7.4.4.4.2        By Application

7.4.4.4.3        By End User

7.4.4.5     Singapore Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.5.1        By Product Type

7.4.4.5.2        By Application

7.4.4.5.3        By End User

7.4.4.6     Malaysia Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.6.1        By Product Type

7.4.4.6.2        By Application

7.4.4.6.3        By End User

7.4.4.7     Thailand Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.7.1        By Product Type

7.4.4.7.2        By Application

7.4.4.7.3        By End User

7.4.4.8     Indonesia Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.8.1        By Product Type

7.4.4.8.2        By Application

7.4.4.8.3        By End User

7.4.4.9     Vietnam Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.9.1        By Product Type

7.4.4.9.2        By Application

7.4.4.9.3        By End User

7.4.4.10  Taiwan Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.10.1 By Product Type

7.4.4.10.2 By Application

7.4.4.10.3 By End User

7.4.4.11  Rest of Asia Pacific Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.11.1 By Product Type

7.4.4.11.2 By Application

7.4.4.11.3 By End User

7.5   Middle East and Africa Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.1        By Product Type

7.5.2        By Application

7.5.3        By End User

7.5.4        By Country

7.5.4.1     Saudi Arabia Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.1.1        By Product Type

7.5.4.1.2        By Application

7.5.4.1.3        By End User

7.5.4.2     U.A.E. Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.2.1        By Product Type

7.5.4.2.2        By Application

7.5.4.2.3        By End User

7.5.4.3     Israel Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.3.1        By Product Type

7.5.4.3.2        By Application

7.5.4.3.3        By End User

7.5.4.4     South Africa Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.4.1        By Product Type

7.5.4.4.2        By Application

7.5.4.4.3        By End User

7.5.4.5     Rest of Middle East and Africa Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.5.1        By Product Type

7.5.4.5.2        By Application

7.5.4.5.2        By End User

7.6   Central & South America Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.1        By Product Type

7.6.2        By Application

7.6.3        By End User

7.6.4        By Country

7.6.4.1     Brazil Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.1.1        By Product Type

7.6.4.1.2        By Application

7.6.4.1.3        By End User

7.6.4.2     Argentina Eaporative Air Cooler Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.2.1        By Product Type

7.6.4.2.2        By Application

7.6.4.2.3        By End User

7.6.4.3     Chile Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.3.1        By Product Type

7.6.4.3.2        By Application

7.6.4.3.3        By End User

7.6.4.4     Rest of Central & South America Bioabsorbable Stents Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.4.1        By Product Type

7.6.4.4.2        By Application

7.6.4.4.3        By End User

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        Reva Medical, Inc.

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        Boston Scientific Corporation

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        Biotronik Se & Co. Kg

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Terumo Corporation

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        Arterial Remodeling Technologies

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        B. BRAUN MELSUNGEN AG

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7        Elixir Medical Corporation  

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        Microport Scientific Corporation

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        Kyoto Medical Planning Co. Ltd

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10      Arterius Limited

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH METHODOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2        Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2        Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1        Inhouse AI Based Real Time Analytics Tool

9.5.2        Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Mllion)

2 Polymeric Market, By Region, 2020-2028 (USD Mllion)         

3 Metal-based Market, By Region, 2020-2028 (USD Mllion)   

4 Global Bioabsorbable Stents Market, By Application, 2020-2028 (USD Mllion) 

5 Coronary Artery Disease Market, By Region, 2020-2028 (USD Mllion)        

6 Peripheral Artery Disease Market, By Region, 2020-2028 (USD Mllion)

7 Global Bioabsorbable Stents Market, By End User, 2020-2028 (USD Mllion)

8 Hospital Market, By Region, 2020-2028 (USD Mllion)            

9 Cardiac Centers Market, By Region, 2020-2028 (USD Mllion)           

10 Regional Analysis, 2020-2028 (USD Mllion)

11 North America Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

12 North America Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

13 North America Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

14 North America Bioabsorbable Stents Market, By Country, 2020-2028 (USD Million)

15 U.S Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

16 U.S Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

17 U.S Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

18 Canada Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

19 Canada Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

20 Canada Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

21 Mexico Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

22 Mexico Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

23 Mexico Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

24 Europe Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

25 Europe Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

26 Europe Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

27 Europe Bioabsorbable Stents Market, By Country, 2020-2028 (USD Million)

28 Germany Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

29 Germany Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

30 Germany Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

31 UK Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

32 UK Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

33 UK Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

34 France Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

35 France Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

36 France Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

37 Italy Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

38 Italy Bioabsorbable Stents Market, By T End Use Type, 2020-2028 (USD Million)

39 Italy Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

40 Spain Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

41 Spain Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

42 Spain Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

43 Rest Of Europe Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

44 Rest Of Europe Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

45 Rest of Europe Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

46 Asia Pacific Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

47 Asia Pacific Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

48 Asia Pacific Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

49 Asia Pacific Bioabsorbable Stents Market, By Country, 2020-2028 (USD Million)

50 China Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

51 China Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

52 China Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

53 India Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

54 India Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

55 India Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

56 Japan Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

57 Japan Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

58 Japan Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

59 South Korea Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

60 South Korea Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

61 South Korea Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

62 malaysia Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

63 malaysia Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

64 malaysia Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

65 Singapore Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

66 Singapore Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

67 Singapore Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

68 Taiwan Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

69 Taiwan Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

70 Taiwan Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

71 Vietnam Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

72 Vietnam Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

73 Vietnam Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

74 Australia Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

75 Australia Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

76 Australia Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

77 Rest of Asia Pacific Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

78 Rest of Asia Pacific Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

79 Rest of Asia Pacific Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

80 Middle East and Africa Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

81 Middle East and Africa Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

82 Middle East and Africa Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

83 Middle East and Africa Bioabsorbable Stents Market, By Country, 2020-2028 (USD Million)

84 Saudi Arabia Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

85 Saudi Arabia Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

86 Saudi Arabia Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

87 Qatar Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

88 Qatar Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

89 Qatar Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

90 Israel Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

91 Israel Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

92 Israel Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

93 South Africa Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

94 South Africa Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

95 South Africa Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

96 UAE Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

97 UAE Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

98 UAE Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

99 Rest of Middle East and Africa Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

100 Rest of Middle East and Africa Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

101 Rest of Middle East and Africa Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

102 Central & South America Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

103 Central & South America Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

104 Central & South America Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

105 Central & South America Bioabsorbable Stents Market, By Country, 2020-2028 (USD Million)

106 Brazil Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

107 Brazil Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

108 Brazil Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

109 Belize Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

110 Belize Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

111 Belize Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

112 Argentina Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

113 Argentina Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

114 Argentina Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

115 Rest of Central & South America Bioabsorbable Stents Market, By Product Type, 2020-2028 (USD Million)

116 Rest of Central & South America Bioabsorbable Stents Market, By Application, 2020-2028 (USD Million)

117 Rest of Central & South America Bioabsorbable Stents Market, By End User, 2020-2028 (USD Million)

118 Reva Medical, Inc.: Products & Services Offering

119 Boston Scientific Corporation: Products & Services Offering     

120 Biotronik Se & Co. Kg: Products & Services Offering           

121 Terumo Corporation: Products & Services Offering           

122 Arterial Remodeling Technologies: Products & Services Offering            

123 B. BRAUN MELSUNGEN AG: Products & Services Offering     

124 Elixir Medical Corporation : Products & Services Offering            

125 Microport Scientific Corporation: Products & Services Offering              

126 Kyoto Medical Planning Co. Ltd: Products & Services Offering   

127 Arterius Limited: Products & Services Offering     

128 Other Companies: Products & Services Offering    

LIST OF FIGURES

1 Global Bioabsorbable Stents Market Overview

2 Global Bioabsorbable Stents Market Value From 2020-2028 (USD Mllion)

3 Global Bioabsorbable Stents Market Share, By Product Type (2022)

4 Global Bioabsorbable Stents Market Share, By Application (2022)

5 Global Bioabsorbable Stents Market Share, By End User (2022)

6 Global Bioabsorbable Stents Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Bioabsorbable Stents Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Bioabsorbable Stents Market

11 Impact Of Challenges On The Global Bioabsorbable Stents Market

12 Porter’s Five Forces Analysis

13 Global Bioabsorbable Stents Market: By Product Type Scope Key Takeaways

14 Global Bioabsorbable Stents Market, By Product Type Segment: Revenue Growth Analysis

15 Polymeric Market, By Region, 2020-2028 (USD Mllion)          

16 Metal-based Market, By Region, 2020-2028 (USD Mllion)

17 Global Bioabsorbable Stents Market: By Application Scope Key Takeaways

18 Global Bioabsorbable Stents Market, By Application Segment: Revenue Growth Analysis

19 Coronary Artery Disease Market, By Region, 2020-2028 (USD Mllion)

20 Peripheral Artery Disease Market, By Region, 2020-2028 (USD Mllion)

21 Global Bioabsorbable Stents Market: By End User Scope Key Takeaways

22 Global Bioabsorbable Stents Market, By End User Segment: Revenue Growth Analysis

23 Hospital Market, By Region, 2020-2028 (USD Mllion) 

24 Cardiac Centers Market, By Region, 2020-2028 (USD Mllion)

25 Regional Segment: Revenue Growth Analysis

26 Global Bioabsorbable Stents Market: Regional Analysis

27 North America Bioabsorbable Stents Market Overview

28 North America Bioabsorbable Stents Market, By Product Type

29 North America Bioabsorbable Stents Market, By Application

30 North America Bioabsorbable Stents Market, By End User

31 North America Bioabsorbable Stents Market, By Country

32 U.S. Bioabsorbable Stents Market, By Product Type

33 U.S. Bioabsorbable Stents Market, By Application

34 U.S. Bioabsorbable Stents Market, By End User

35 Canada Bioabsorbable Stents Market, By Product Type

36 Canada Bioabsorbable Stents Market, By Application

37 Canada Bioabsorbable Stents Market, By End User

38 Mexico Bioabsorbable Stents Market, By Product Type

39 Mexico Bioabsorbable Stents Market, By Application

40 Mexico Bioabsorbable Stents Market, By End User

41 Four Quadrant Positioning Matrix

42 Company Market Share Analysis

43 Reva Medical, Inc.: Company Snapshot

44 Reva Medical, Inc.: SWOT Analysis

45 Reva Medical, Inc.: Geographic Presence

46 Boston Scientific Corporation: Company Snapshot

47 Boston Scientific Corporation: SWOT Analysis

48 Boston Scientific Corporation: Geographic Presence

49 Biotronik Se & Co. Kg: Company Snapshot

50 Biotronik Se & Co. Kg: SWOT Analysis

51 Biotronik Se & Co. Kg: Geographic Presence

52 Terumo Corporation: Company Snapshot

53 Terumo Corporation: Swot Analysis

54 Terumo Corporation: Geographic Presence

55 Arterial Remodeling Technologies: Company Snapshot

56 Arterial Remodeling Technologies: SWOT Analysis

57 Arterial Remodeling Technologies: Geographic Presence

58 B. BRAUN MELSUNGEN AG: Company Snapshot

59 B. BRAUN MELSUNGEN AG: SWOT Analysis

60 B. BRAUN MELSUNGEN AG: Geographic Presence

61 Elixir Medical Corporation : Company Snapshot

62 Elixir Medical Corporation : SWOT Analysis

63 Elixir Medical Corporation : Geographic Presence

64 Microport Scientific Corporation: Company Snapshot

65 Microport Scientific Corporation: SWOT Analysis

66 Microport Scientific Corporation: Geographic Presence

67 Kyoto Medical Planning Co. Ltd.: Company Snapshot

68 Kyoto Medical Planning Co. Ltd.: SWOT Analysis

69 Kyoto Medical Planning Co. Ltd.: Geographic Presence

70 Arterius Limited: Company Snapshot

71 Arterius Limited: SWOT Analysis

72 Arterius Limited: Geographic Presence

73 Other Companies: Company Snapshot

74 Other Companies: SWOT Analysis

75 Other Companies: Geographic Presence

The Global Bioabsorbable Stents Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Bioabsorbable Stents Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Bioabsorbable Stents Market.

Bioabsorbable Stents Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Bioabsorbable Stents Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Bioabsorbable Stents Market Share

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Frequently Asked Questions

The global bioabsorbable stents market is expected to grow at a CAGR of 5.7% from 2023 to 2028.
The key players operating in the market are Reva Medical, Inc., Boston Scientific Corporation, Biotronik Se & Co. Kg, Terumo Corporation, Arterial Remodeling Technologies, B. Braun Melsungen AG, Elixir Medical Corporation, Microport Scientific Corporation, Kyoto Medical Planning Co. Ltd, and Arterius Limited, among others.
Factors such as the aging population, cardiovascular disease prevalence, and demand for minimally invasive procedures are projected to provide significant market opportunities. Lifestyle ailments and problems such as obesity have also increased the demand for bioabsorbable stents.
Global bioabsorbable stents market growth is driven by factors such as aging population, cardiovascular disease prevalence, and demand for minimally invasive procedures.

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