Bioresorbable Coronary Stents Market

Bioresorbable Coronary Stents Market Size, Share, Growth Analysis, By Brand(Absorb BVS, Absorb 2nd Generation), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35A2371 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Bioresorbable Coronary Stents Market Insights

Market Overview:

The value of the global bioresorbable coronary stents market was USD 69 million in 2016, and it is expected to grow at a compound annual growth rate of 15% during the forecast period. The market's slow growth can be attributed to factors such as the limited availability of real-world evidence data for bioresorbable devices. However, the development of second-generation Absorb, Magmaris, and Magnitude stents is expected to increase demand for these products. Bioresorbable stents have the potential to restore normal artery function and enable angioplasty in later years. Although fully dissolvable stents are still under development, they hold promise for pediatric patients with genetic coronary conditions as they can facilitate the restoration of normal vasomotor function and vessel growth.

Bioresorbable Coronary Stents Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Bioresorbable Coronary Stents was estimated to be valued at US$ XX Mn in 2021.

The Bioresorbable Coronary Stents Market is estimated to grow at a CAGR of XX% by 2028.

The Bioresorbable Coronary Stents Market is segmented on the basis of Brand, Region.

Based on region, the Bioresorbable Coronary Stents Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Bioresorbable Coronary Stents Market are , BIOTRONIK , Meril Lifesciences Pvt. Ltd. , Elixir Medical Corporation , REVA Medical , Arterial Remodeling Technologies , Amaranth Medical , Microport Scientific Corporation , Arterius.

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Bioresorbable Coronary Stents Market

Product ID: UCMIG35A2371

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