Bioabsorbable Stents Market Worth US$ 352.5 million by 2030 - PowerPoint PPT Presentation

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Title: Bioabsorbable Stents Market Worth US$ 352.5 million by 2030


1
Market Research Report EXCLUSIVE EDITION
Global Bioabsorbable Stents Market Report
Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2030
2
Global Bioabsorbable Stents Market 2020
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3
ABOUT MARKET STATSVILLE GROUP (MSG)
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4
RESEARCH PROCESS
Our research is an optimum culmination of
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5
Bioabsorbable Stents Market 2022 Industry Size,
Regions, Emerging Trends, Growth Insights,
Opportunities, and Forecast By 2030
Bioabsorbable Stents Market by Biomaterial
(Polymeric Stents and Metallic Stents), by
Application (Coronary Artery Disease and
Peripheral Artery Disease), by End-Users
(Hospital and Cardiac Centers), by Region
Global Share and Forecast to 2030
Description
According to the Market Statsville Group (MSG),
the global bioabsorbable stents market size was
valued at USD 228.5 million in 2021 and is
projected to reach USD 352.5 million by
2030, registering a CAGR of 5.6 from 2022 to
2030 The bioabsorbable stents market refers to
the medical device industry segment that focuses
on the development and commercialization of
stents made from bioabsorbable materials. Stents
are small mesh-like tubes used to treat narrowed
or blocked blood vessels and restore blood flow.
Unlike traditional metallic stents, which remain
permanently in the body, bioabsorbable stents are
designed to gradually dissolve over
time. Bioabsorbable stents offer several
potential advantages over metallic stents. As
they gradually dissolve, they eliminate the need
for long-term medication and reduce the risk of
complications associated with permanent implants.
Additionally, they allow the treated blood vessel
to resume its natural function, potentially
reducing the need for future interventions. The
market for bioabsorbable stents has witnessed
significant growth and innovation in recent
years. Key market players have been investing in
research and development to enhance the efficacy
and safety of these stents. However, it is worth
noting that the bioabsorbable stent market faced
some setbacks in the past due to certain product
recalls and concerns regarding efficacy compared
to metallic stents. These challenges have led to
a more cautious approach in the adoption of
bioabsorbable stents. Request Sample Copy of
this Report https//www.marketstatsville.com/requ
est-sample/bioabsorbable-stents-market  
6
  • Bioabsorbable Stents Market Dynamics
  • The bioabsorbable stents market is influenced by
    several dynamics that shape its growth and
    development. Here are some key dynamics
  • Increasing Prevalence of Cardiovascular Diseases
    Cardiovascular diseases, such as coronary artery
    disease, continue to be a major health concern
    globally. The rising incidence of these diseases,
    coupled with the need for effective treatment
    options, drives the demand for bioabsorbable
    stents as an alternative to traditional metallic
    stents.
  • Advancements in Technology Technological
    advancements play a crucial role in the
    development and improvement of bioabsorbable
    stents. Innovations in materials, design, and
    manufacturing techniques enhance the performance
    and safety of these stents, making them more
    appealing to healthcare providers and patients.
  • Favorable Regulatory Environment Regulatory
    bodies, such as the U.S. Food and Drug
    Administration (FDA) and the European Medicines
    Agency (EMA), have been actively involved in
    providing guidelines and approvals for
    bioabsorbable stents. The regulatory support and
    clearances facilitate market growth by instilling
    confidence in healthcare professionals and
    patients regarding the safety and efficacy of
    these devices.
  • Patient Preference for Minimally Invasive
    Procedures There is a growing preference among
    patients for minimally invasive procedures that
    offer faster recovery and reduced hospital stays.
    Bioabsorbable stents align with this preference
    as they eliminate the need for long-term
    medication and reduce the risk of complications
    associated with permanent implants.
  • Clinical Evidence and Long-Term Outcomes As
    bioabsorbable stents are relatively new in the
    market, there is a need for robust clinical
    evidence and long-term outcome data to establish
    their efficacy and safety compared to metallic
    stents. Ongoing clinical trials and research
    studies are important in building a strong body
    of evidence and influencing the adoption of these
    stents.
  •  
  • Direct Purchase Report https//www.marketstatsvil
    le.com/buy-now/bioabsorbable-stents-market?opt333
    8

7
  • Market Segmentation Analysis
  • The study categorizes the global Bioabsorbable
    Stents market based on equipment type,
    technology, type, installation method,
    distribution channel, application, and regions.
  • By Biomaterial Outlook (Revenue, USD Million,
    2017-2030)
  • Polymeric Stents
  • Metallic Stents
  • By Application Outlook (Revenue, USD Million,
    2017-2030)
  • Coronary Artery Disease
  • Peripheral Artery Disease
  • By End-Users Outlook (Revenue, USD Million,
    2017-2030)
  • Hospital
  • Cardiac centers
  • By Region Outlook (Sales, Production, USD
    Million, 2019-2033)
  • North America (Mexico, Canada, US)
  • South America (Peru, Brazil, Colombia, Argentina,
    Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain,
    Poland, Russia, Slovenia, Slovakia, Hungary,
    Czech Republic, Belgium, the Netherlands, Norway,
    Sweden, Denmark, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea,
    Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
    Cambodia, the Philippines, Singapore, Australia
    New Zealand, Rest of Asia Pacific)
  • The Middle East Africa (Saudi Arabia, UAE,
    South Africa, Northern Africa, Rest of MEA)
  •  
  • Access full Report Description, TOC, Table of
    Figure, Chart, etc https//www.marketstatsville.c
    om/table-of-content/bioabsorbable-stents-market

8
REGIONAL ANALYSIS, 2023 Based on the region, the
global Bioabsorbable Stents market has been
analyzed and segmented into five regions, namely,
North America, Europe, Asia-Pacific, South
America, and the Middle East Africa. North
America has been a prominent market for
Bioabsorbable Stentss due to high consumer
spending on electronics and a strong demand for
home entertainment systems. The United States, in
particular, has a large market for Bioabsorbable
Stentss, driven by the popularity of streaming
services and the desire for immersive audio
experiences. The Asia Pacific region, including
countries like China, Japan, and South Korea, has
witnessed substantial growth in the Bioabsorbable
Stents market. Factors contributing to this
growth include the rising disposable income,
increasing urbanization, and the growing
popularity of home theater systems among
consumers in the region. Request For Report
Description https//www.marketstatsville.com/bioa
bsorbable-stents-market
9
Thank You
Market Statsville Group (MSG)
F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur,
Rajasthan, 302001 Phone 91 702 496 8807 Mail
sales_at_marketstatsville.com
800 Third Avenue Suite A 1519 New York, NY
10022 Phone 1 (646) 663-5829 Mail
sales_at_marketstatsville.com
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