The global market for Bioresorbable Stents is estimated at US$554.4 Million in 2023 and is projected to reach US$1.2 Billion by 2030, growing at a CAGR of 12.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the bioresorbable stents market is driven by several factors. Firstly, there is an increasing prevalence of cardiovascular diseases globally, particularly coronary artery disease, which necessitates effective and innovative treatment options. Secondly, the rising demand for minimally invasive procedures among patients and healthcare providers is fueling the adoption of bioresorbable stents. These stents offer a promising alternative to traditional methods, aligning with the trend towards less invasive interventions. Thirdly, technological advancements in biomaterials and stent design are enhancing the performance and safety profile of bioresorbable stents, making them more attractive to clinicians. Lastly, the growing awareness and acceptance of these stents among patients, coupled with favorable reimbursement policies in several regions, are further boosting market growth. The confluence of these factors underscores the expanding role of bioresorbable stents in modern cardiovascular treatment paradigms.
The growth in the bioresorbable stents market is driven by several factors. Firstly, there is an increasing prevalence of cardiovascular diseases globally, particularly coronary artery disease, which necessitates effective and innovative treatment options. Secondly, the rising demand for minimally invasive procedures among patients and healthcare providers is fueling the adoption of bioresorbable stents. These stents offer a promising alternative to traditional methods, aligning with the trend towards less invasive interventions. Thirdly, technological advancements in biomaterials and stent design are enhancing the performance and safety profile of bioresorbable stents, making them more attractive to clinicians. Lastly, the growing awareness and acceptance of these stents among patients, coupled with favorable reimbursement policies in several regions, are further boosting market growth. The confluence of these factors underscores the expanding role of bioresorbable stents in modern cardiovascular treatment paradigms.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Polymer-based Bioresorbable Stents segment, which is expected to reach US$905.2 Million by 2030 with a CAGR of a 12.8%. The Metal-based Bioresorbable Stents segment is also set to grow at 10.2% CAGR over the analysis period.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Bioresorbable Stents Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Bioresorbable Stents Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Bioresorbable Stents Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Abbott Laboratories, Inc., Boston Scientific Corporation, Biotronik SE & Co. KG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 25 Featured):
- Abbott Laboratories, Inc.
- Boston Scientific Corporation
- Biotronik SE & Co. KG
- Eurocor GmbH
- Biosensors International Group Ltd.
- Elixir Medical Corporation
- InSitu 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 SA
- iVascular S.L.U
- Endocor GmbH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Abbott Laboratories, Inc.
- Boston Scientific Corporation
- Biotronik SE & Co. KG
- Eurocor GmbH
- Biosensors International Group Ltd.
- Elixir Medical Corporation
- InSitu 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 SA
- iVascular S.L.U
- Endocor GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 554.4 Million |
| Forecasted Market Value ( USD | $ 1200 Million |
| Compound Annual Growth Rate | 12.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
