1. Home
  2. Medical Devices & Consumables
  3. Global Bioabsorbable Stents Market worth USD 425 million by 2022, at a CAGR – 12%

Global Bioabsorbable Stents Market worth USD 425 million by 2022, at a CAGR – 12%

Publication Month: Jan 2020 | No. of Pages: 128 Published By: Reports Intellect
Single User License: US $ 3500
Corporate User License: US $ 6500

Market Definition

The Global Bioabsorbable Stents market is estimated to reach $425 million by 2022 from $247 million in 2017; growing at a CAGR of 12% from 2017 to 2022

Stent is a small tube like structure device which is to be inserted into the arteries to allow the normal flow of oxygen and blood to the heart and prevent blockage. Stents is also used in other structures such as carotid arteries, esophagus, ureters, bile duct, etc. Bioabsorbable Stent is the medical device which gets absorbed/dissolved into living tissue.

Market Dynamics

The Global Bioabsorbable Stents market is primarily driven by factors such as the growing aging population who are susceptible to diseases which is related to artery, Increasing rate of clinical trials. Physicians and patients prefer minimal invasive therapies. The innovation in product drives the market growth.

Market Segmentation

The Global Bioabsorbable Stents market is mainly classified based on material, absorption rate, application and by end-user. Based on the Material segment, the market is categorized into Bioresorbable polymer based stents and Bioresorbable metallic stents. Among them, bioresorbable polymer based stents dominated the market. Application is further segmented into coronary artey diseases and peripheral artery diseases. The coronary artery diseases segment contributed the majority of the share driven by factors such as the increasing (aging) population and acquiring unhealthy lifestyle which leads to coronary artery diseases. On the basis of the end-user, the market is further categorized into hospitals and cardiac centers. Among these, hospitals segment accounted for the largest share in the end-user segment due to the rising number of surgeries, higher risk of coronary artery diseases and peripheral artery diseases, and ameliorate reimbursement scenario in the hospitals.

Regional Analysis

Based on geography, the global bioabsorbable stents market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is categorized into China, Japan, India, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Among all the regions, Europe generated the highest revenue and is likely to continue its dominance over the forecast period. The high growth in the region is attributed due to rise in the research and development activities and increasing regulatory approvals for stents.                                                                                                                                Reports Intellect Analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Competitive Landscape

Key players operating in the bioabsorbable stents market include Abbott Laboratories, REVA Medical, Inc., Elixir Medical Corporation, KYOTO MEDICAL PLANNING Co., Ltd., BIOTRONIK, Amaranth Medical, Inc., Arterial Remodeling Technologies, Meril Life Sciences Pvt. Ltd., Arterius Limited, LEPU MEDICAL TECHNOLOGY CO., LTD., Boston Scientific Corporation, HangZhou HuaAn Biotechnology Co.,Ltd, S3V Vascular Technologies, QualiMed, SMT, TEPHA INC, Manli Cardiology Ltd., ORBUSNEICH, 480 Biomedical, Zorion Medical Inc, Lifetech Scientific (Shenzhen) Co., Ltd

Key Global Bioabsorbable Industry Players

Abbott Laboratories, REVA Medical, Inc., Elixir Medical Corporation, KYOTO MEDICAL PLANNING Co., Ltd., BIOTRONIK, Amaranth Medical, Inc., Arterial Remodeling Technologies, Meril Life Sciences Pvt. Ltd., Arterius Limited, LEPU MEDICAL TECHNOLOGY CO., LTD., Boston Scientific Corporation, HangZhou HuaAn Biotechnology Co.,Ltd, S3V Vascular Technologies, QualiMed, SMT, TEPHA INC, Manli Cardiology Ltd., ORBUSNEICH, 480 Biomedical, Zorion Medical Inc, Lifetech Scientific (Shenzhen) Co., Ltd

Bioabsorbable Stents Market Key Segments:

By Material

  • Bioresorbable polymer based stents
  • Bioresorbable metallic stents

By Absorption Rate

  • Slow Absorption Stents
  • Fast Absorption Stents

By Applications

  • Coronary Artery Diseases
  • Peripheral Artery Diseases

By End User

  • Hospitals
  • Cardiac Centers

By Region

  • North America
  • The U.S.A
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

 

Table of Contents

 

1 Market Overview

1.1 Bioabsorbable Stents Introduction

1.2 Market Analysis by Material

1.2.1 Overview: Global Bioabsorbable Stents Revenue by Material: 2017 VS 2019 VS 2022

1.2.2 Bioresorbable Polymer Based Stents

1.2.3 Bioresorbable Metallic Stents

1.3 Market Analysis by Application

1.3.1 Overview: Global Bioabsorbable Stents Revenue by Application: 2017 VS 2019 VS 2022

1.3.2 Coronary Artery Diseases

1.3.3 Peripheral Artery Diseases1.4 Market Analysis by End User

1.4.1 Overview: Global Bioabsorbable Stents Revenue by End User: 2017 VS 2019 VS 2022

1.4.2 Hospitals

1.4.3 Cardiac Centers

1.5 Overview of Global Bioabsorbable Stents Market

1.5.1 Global Bioabsorbable Stents Market Status and Outlook (2017-2022)

1.5.2 North America (United States, Canada and Mexico)

1.5.3 Europe (Germany, France, United Kingdom, Russia and Italy)

1.5.4 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.5.5 South America, Middle East & Africa

1.6 Market Dynamics

1.6.1 Market Opportunities

1.6.2 Market Risk

1.6.3 Market Driving Force

2 Manufacturers Profiles

2.1 Abbott Laboratories

2.1.1 Abbott Laboratories Details

2.1.2 Abbott Laboratories Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 Abbott Laboratories SWOT Analysis

2.1.4 Abbott Laboratories Product and Services

2.1.5 Abbott Laboratories Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.2 BIOTRONIK SE & CO. KG

2.2.1 BIOTRONIK SE & CO. KG Details

2.2.2 BIOTRONIK SE & CO. KG Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 BIOTRONIK SE & CO. KG SWOT Analysis

2.2.4 BIOTRONIK SE & CO. KG Product and Services

2.2.5 BIOTRONIK SE & CO. KG Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.3 REVA Medical Inc.

2.3.1 REVA Medical Inc. Details

2.3.2 REVA Medical Inc. Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 REVA Medical Inc. SWOT Analysis

2.3.4 REVA Medical Inc. Product and Services

2.3.5 REVA Medical Inc. Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.4 Elixir Medical Corporation

2.4.1 Elixir Medical Corporation Details

2.4.2 Elixir Medical Corporation Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Elixir Medical Corporation SWOT Analysis

2.4.4 Elixir Medical Corporation Product and Services

2.4.5 Elixir Medical Corporation Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.5 Arterial Remodeling Technologies

2.5.1 Arterial Remodeling Technologies Details

2.5.2 Arterial Remodeling Technologies Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Arterial Remodeling Technologies SWOT Analysis

2.5.4 Arterial Remodeling Technologies Product and Services

2.5.5 Arterial Remodeling Technologies Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.6 Kyoto Medical Planning Co. Ltd.

2.6.1 Kyoto Medical Planning Co. Ltd. Details

2.6.2 Kyoto Medical Planning Co. Ltd. Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Kyoto Medical Planning Co. Ltd. SWOT Analysis

2.6.4 Kyoto Medical Planning Co. Ltd. Product and Services

2.6.5 Kyoto Medical Planning Co. Ltd. Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.7 Boston Scientific Co.

2.7.1 Boston Scientific Co. Details

2.7.2 Boston Scientific Co. Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 Boston Scientific Co. SWOT Analysis

2.7.4 Boston Scientific Co. Product and Services

2.7.5 Boston Scientific Co. Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.8 Amaranth Medical Inc.

2.8.1 Amaranth Medical Inc. Details

2.8.2 Amaranth Medical Inc. Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Amaranth Medical Inc. SWOT Analysis

2.8.4 Amaranth Medical Inc. Product and Services

2.8.5 Amaranth Medical Inc. Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.9 Meril Life Sciences Pvt. Ltd.

2.9.1 Meril Life Sciences Pvt. Ltd. Details

2.9.2 Meril Life Sciences Pvt. Ltd. Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Meril Life Sciences Pvt. Ltd. SWOT Analysis

2.9.4 Meril Life Sciences Pvt. Ltd. Product and Services

2.9.5 Meril Life Sciences Pvt. Ltd. Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.10 Arterius Limited

2.10.1 Arterius Limited Details

2.10.2 Arterius Limited Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 Arterius Limited SWOT Analysis

2.10.4 Arterius Limited Product and Services

2.10.5 Arterius Limited Bioabsorbable Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.11 LEPU MEDICAL TECHNOLOGY

2.11.1 LEPU MEDICAL TECHNOLOGY Details

2.11.2 LEPU MEDICAL TECHNOLOGY Major Business and Total Revenue (Financial Highlights) Analysis

2.11.3 LEPU MEDICAL TECHNOLOGY SWOT Analysis

2.11.4 LEPU MEDICAL TECHNOLOGY Product and Services

2.11.5 LEPU MEDICAL TECHNOLOGY Stents Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

3 Sales, Revenue and Market Share by Manufacturer

3.1 Global Bioabsorbable Stents Sales and Market Share by Manufacturer (2018-2019)

3.2 Global Bioabsorbable Stents Revenue and Market Share by Manufacturer (2018-2019)

3.3 Market Concentration Rate

3.3.1 Top 3 Bioabsorbable Stents Manufacturer Market Share in 2019

3.3.2 Top 6 Bioabsorbable Stents Manufacturer Market Share in 2019

3.4 Market Competition Trend

4 Global Market Analysis by Regions

4.1 Global Bioabsorbable Stents Sales, Revenue and Market Share by Regions

4.1.1 Global Bioabsorbable Stents Sales and Market Share by Regions (2017-2020)

4.1.2 Global Bioabsorbable Stents Revenue and Market Share by Regions (2017-2020)

4.2 North America Bioabsorbable Stents Sales and Growth Rate (2017-2020)

4.3 Europe Bioabsorbable Stents Sales and Growth Rate (2017-2020)

4.4 Asia-Pacific Bioabsorbable Stents Sales and Growth Rate (2017-2020)

4.5 South America Bioabsorbable Stents Sales and Growth Rate (2017-2020)

4.6 Middle East and Africa Bioabsorbable Stents Sales and Growth Rate (2017-2020)

5 North America by Country

5.1 North America Bioabsorbable Stents Sales, Revenue and Market Share by Country

5.1.1 North America Bioabsorbable Stents Sales and Market Share by Country (2017-2020)

5.1.2 North America Bioabsorbable Stents Revenue and Market Share by Country (2017-2020)

5.2 United States Bioabsorbable Stents Sales and Growth Rate (2017-2020)

5.3 Canada Bioabsorbable Stents Sales and Growth Rate (2017-2020)

5.4 Mexico Bioabsorbable Stents Sales and Growth Rate (2017-2020)

6 Europe by Country

6.1 Europe Bioabsorbable Stents Sales, Revenue and Market Share by Country

6.1.1 Europe Bioabsorbable Stents Sales and Market Share by Country (2017-2020)

6.1.2 Europe Bioabsorbable Stents Revenue and Market Share by Country (2017-2020)

6.2 Germany Bioabsorbable Stents Sales and Growth Rate (2017-2020)

6.3 UK Bioabsorbable Stents Sales and Growth Rate (2017-2020)

6.4 France Bioabsorbable Stents Sales and Growth Rate (2017-2020)

6.5 Russia Bioabsorbable Stents Sales and Growth Rate (2017-2020)

6.6 Italy Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7 Asia-Pacific by Regions

7.1 Asia-Pacific Bioabsorbable Stents Sales, Revenue and Market Share by Regions

7.1.1 Asia-Pacific Bioabsorbable Stents Sales and Market Share by Regions (2017-2020)

7.1.2 Asia-Pacific Bioabsorbable Stents Revenue and Market Share by Regions (2017-2020)

7.2 China Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7.3 Japan Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7.4 Korea Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7.5 India Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7.6 Southeast Asia Bioabsorbable Stents Sales and Growth Rate (2017-2020)

7.7 Australia Bioabsorbable Stents Sales and Growth Rate (2017-2020)

8 South America by Country

8.1 South America Bioabsorbable Stents Sales, Revenue and Market Share by Country

8.1.1 South America Bioabsorbable Stents Sales and Market Share by Country (2017-2020)

8.1.2 South America Bioabsorbable Stents Revenue and Market Share by Country (2017-2020)

8.2 Brazil Bioabsorbable Stents Sales and Growth Rate (2017-2020)

8.3 Argentina Bioabsorbable Stents Sales and Growth Rate (2017-2020)

9 Middle East & Africa by Countries

9.1 Middle East & Africa Bioabsorbable Stents Sales, Revenue and Market Share by Country

9.1.1 Middle East & Africa Bioabsorbable Stents Sales and Market Share by Country (2017-2020)

9.1.2 Middle East & Africa Bioabsorbable Stents Revenue and Market Share by Country (2017-2020)

9.2 Saudi Arabia Bioabsorbable Stents Sales and Growth Rate (2017-2020)

9.3 Turkey Bioabsorbable Stents Sales and Growth Rate (2017-2020)

9.4 Egypt Bioabsorbable Stents Sales and Growth Rate (2017-2020)

9.5 South Africa Bioabsorbable Stents Sales and Growth Rate (2017-2020)

10 Market Segment by Material

10.1 Global Bioabsorbable Stents Sales and Market Share by Material (2017-2020)

10.2 Global Bioabsorbable Stents Revenue and Market Share by Material (2017-2020)

10.3 Global Bioabsorbable Stents Price by Material (2017-2020)

11 Global Bioabsorbable Stents Market Segment by Application

11.1 Global Bioabsorbable Stents Sales Market Share by Application (2017-2020)

11.2 Global Bioabsorbable Stents Revenue Market Share by Application (2017-2020)

11.3 Global Bioabsorbable Stents Price by Application (2017-2020)12 Market Segment by End User

12.1 Global Bioabsorbable Stents Sales and Market Share by End User (2017-2020)

12.2 Global Bioabsorbable Stents Revenue and Market Share by End User (2017-2020)

12.3 Global Bioabsorbable Stents Price by End User (2017-2020)13 Market Segment by Absorption Rate

13.1 Global Bioabsorbable Stents Sales and Market Share by Absorption Rate (2017-2020)

13.2 Global Bioabsorbable Stents Revenue and Market Share by Absorption Rate (2017-2020)

13.3 Global Bioabsorbable Stents Price by Absorption Rate (2017-2020)

14 Market Forecast

14.1 Global Bioabsorbable Stents Sales, Revenue and Growth Rate (2021-2022)

14.2 Bioabsorbable Stents Market Forecast by Regions (2021-2022)

14.2.1 North America Bioabsorbable Stents Market Forecast (2021-2022)

14.2.2 Europe Bioabsorbable Stents Market Forecast (2021-2022)

14.2.3 Asia-Pacific Bioabsorbable Stents Market Forecast (2021-2022)

14.2.4 South America Bioabsorbable Stents Market Forecast (2021-2022)

14.2.5 Middle East & Africa Bioabsorbable Stents Market Forecast (2021-2022)

14.3 Bioabsorbable Stents Market Forecast by Material (2021-2022)

14.3.1 Global Bioabsorbable Stents Sales Forecast by Material (2021-2022)

14.3.2 Global Bioabsorbable Stents Market Share Forecast by Material (2021-2022)

14.4 Bioabsorbable Stents Market Forecast by Application (2021-2022)

14.4.1 Global Bioabsorbable Stents Sales Forecast by Application (2021-2022)

14.4.2 Global Bioabsorbable Stents Market Share Forecast by Application (2021-2022) 14.5 Bioabsorbable Stents Market Forecast by End User (2021-2022)

14.5.1 Global Bioabsorbable Stents Sales Forecast by End User (2021-2022)

14.5.2 Global Bioabsorbable Stents Market Share Forecast by End User (2021-2022)

14.6 Bioabsorbable Stents Market Forecast by Absorption Rate (2021-2022)

14.6.1 Global Bioabsorbable Stents Sales Forecast by Absorption Rate (2021-2022)

14.6.2 Global Bioabsorbable Stents Market Share Forecast by Absorption Rate (2021-2022)15 Sales Channel, Distributors, Traders and Dealers

15.1 Sales Channel

15.1.1 Direct Marketing

15.1.2 Indirect Marketing

15.2 Distributors, Traders and Dealers

16 Research Findings and Conclusion

17 Appendix

17.1 Methodology

17.2 Data Source

17.3 Disclaimer

17.4 About US

Reason to Buy

  • Current and future of Medical Devices & Consumables Market outlook in the developed and emerging markets
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The segment that is expected to dominate the Medical Devices & Consumables Market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, Medical Devices & Consumables Market shares, and strategies employed by the major market players
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Medical Devices & Consumables Market
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets