Bioabsorbable Stent Market to 2022 - Growth Factors, Business Developments, Segmentation and Technologies

The report provides an overview of the global bioresorbable stents market. It aims at estimating the market size and future growth potential of this market across different segments such as material, absorption rate, application, end users, and region.

The global bioresorbable stents market expected to reach USD 417.2 million by 2022 from USD 223.6 million in 2016, at a CAGR of 11.5% during forecast period. Growing aging population susceptible to coronary and peripheral artery diseases, rising PCI procedures, increasing focus of companies on clinical trials of bioresorbable stents, increasing adoption of these stents by physicians and patients, and patients’ preference for minimally invasive therapies are factors that are expected to drive market growth in future.

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Study estimates global bioresorbable stents market size for 2017 and projects its demand till 2022. In primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information of report. Primary sources from demand side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various players in global bioresorbable stents market.

Target Audience for bioresorbable stents market Report Bioabsorbable stent manufacturing companies, Pharmaceutical manufacturing companies, Healthcare institutions (hospitals and clinics), Stent distributors and suppliers, Research institutes, Venture capitalists, Health insurance payers and Market research and consulting firms.

Bioresorbable stents market is segmented into coronary artery diseases and peripheral artery diseases. In 2017, coronary artery diseases are expected to grow at the highest CAGR during the forecast period. This positive growth is attributed to factors such as rising aging population prone to coronary artery diseases and the adoption of unhealthy lifestyle habits leading to increased risk of these diseases.

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Global bioresorbable stents market into material, absorption rate, applications, end users, and region. On basis of materials, global bioresorbable stents market segmented into bioresorbable polymer-based stents & bioresorbable metallic stents. Bioresorbable polymer-based segment expected to dominate market in 2017.

The global bioresorbable stents market is niche with the presence of a limited number of players. Prominent players in the bioresorbable stents market include Abbott Laboratories (U.S.), BIOTRONIK SE & Co. KG (Germany), REVA Medical, Inc. (U.S.), Elixir Medical Corporation (U.S.), and Kyoto Medical Planning Co., Ltd. (Japan).

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The report also will help the stakeholders understand the pulse of the market and provide them with information regarding key market drivers, restraints challenges, and opportunities. The report will help the market leaders/new entrants in this market by providing them with the closest approximations of the revenue numbers for the overall global bioresorbable stents market and its subsegments.

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