Bioresorbable Vascular Scaffold Market 2021 (Covid-19 Analysis) Major Factors That Can Increase the Worldwide Demand

The Bioresorbable Vascular Scaffold Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Bioresorbable Vascular Scaffold Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

The Bioresorbable Vascular Scaffold market is envisaged to record an expansion at the CAGR of 11.6% over the forecast period, 2021 – 2027

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Market Overview
The global bioabsorbable stents market is expected to grow with a CAGR of 8.53% during the forecasted period. Factors that are driving the market include a high prevalence of cardiovascular diseases, steep increase in the aging population, and the expanding base of the obese population.   As per the report of the World Health Organization (WHO), it is seen that the number one cause of death across the world is cardiovascular disease. Furthermore, the WHO has estimated that in 2016, approximately 17.9 million people died due to cardiovascular diseases (CVDs) which represents 31% of the total global deaths, and 85% of these deaths were due to heart attack and stroke. As reported by the Australian Heart Foundation, cardiovascular disease (CVD) is a major cause of death in Australia, with 43,477 deaths being attributed to CVD in Australia in 2017. Cardiovascular disease kills one Australian every 12 minutes. Hence, this global rise in the prevalence of CVD is expected to fuel the market growth.

The major players covered in Bioresorbable Vascular Scaffold Market:

Abbott, Kyoto Medical, Elixir Medical

Recent Devlopment
Abbott Laboratories’ largest acquisition to date was in 2016, when it acquired St. Jude Medical for $25.0B. It’s largest disclosed sale occurred in 2015, when it sold Abbott - Non-U.S. Developed Markets Specialty and Branded Generics to Viatris for $5.3B. Abbott Laboratories has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include medical products (55%) and life science (34%).
Market segmentation

Bioresorbable Vascular Scaffold Market is split by Type and by Application. For the period 2021-2027, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.

Bioresorbable Vascular Scaffold Breakdown Data by Type

Metal BVS

Polymer BVS
Bioresorbable Vascular Scaffold Breakdown Data by Application

Hospital & Clinic

Medical Center

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Europe Dominates the Market
Europe currently dominates the market for bioabsorbable stents and is expected to continue its stronghold for a few more years. This region is expected to increase its market share in the future, owing to the increased usage of bioabsorbable stents. There is a rise in the usage because the region has a large number of people suffering from cardiovascular diseases and there is a huge demand for technologically advanced treatment options for the same.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the Bioresorbable Vascular Scaffold Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market. The report offers in-depth assessment of the growth and other aspects of the Bioresorbable Vascular Scaffold Market in important countries (regions), including: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa) and ROW.

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Table of Contents:

Global Bioresorbable Vascular Scaffold Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Bioresorbable Vascular Scaffold Market Forecast

Impact of Covid-19:

The COVID-19 pandemic had a minor impact on the Bioresorbable Vascular Scaffold Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy. Aside from concerns with exports and imports, the growth of Germany's manufacturing industry has been limited by the closure of production sites and a slowdown in operations to combat COVID-19's spread.

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