Press release
Bioabsorbable Stents Market to Grow at a CAGR of more than 7% by 2028: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies
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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Bioabsorbable Stents market have been negatively impacted due to the COVID-19 pandemic resulted in an decrease in the growth of the market for 2020 and 2021.
The increase in the consumption of unhealthy diet and lack of physical activities has increased the chances of cardiovascular disease. These has led to the increase in the rate of heart attack and thedemand for stents has increased . the stent is a device which is inserted into internal blood vessel pipe for expanding blood veseel and prevent it from blockage.
North America hold the largest market share during the forecast period, due to increase in incidence of cardiovascular disease, development of advanced healthcare infrastructure. Apart, from these increase in coronary artery disease, increasing R&D activities in healthcare sector. Asia-Pacific is expected to register the highest growth, due to rise in coronary artery disease, increasing awareness of bioabsorbable stents, and increase in adoption of unhealthy lifestyle.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Bioabsorbable Stents market provides an in-depth analysis of key players which includes:
• Arterial Remodeling Technologies
• Arterius Limited
• B. Braun Melsungen AG
• Boston Scientific Corporation
• Elixir Medical Corporation
• Microport Scientific Corporation
• Kyoto Medical Planning Co. Ltd
• Terumo Corporatio.
The global Bioabsorbable Stents Market is segmented based on Biomaterial, Application, and end user. On the basis of biomaterial, the market is segmented as Polymeric Stents and Metallic Stents. Based on the application, the market is segmented as Coronary Artery Disease and Peripheral Artery Disease. And based on the end user, the market is analyzed across the Hospital and Cardiac Centers.
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Global Bioabsorbable Stents Market Geographic Coverage:
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Bioabsorbable Stents Market
• Value Chain Analysis of Global Bioabsorbable Stents Market
• What is the CAGR of the global Bioabsorbable Stents Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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