Press release
Bioresorbable Vascular Scaffold Market Huge Growth Opportunities and Trends to 2030 | Abbott, Kyoto Medical, Biotronik, Elixir Medical
The market for bioresorbable vascular scaffolds in Europe was valued at USD 46.03 Million in 2022, and from 2022 to 2030, it is anticipated to increase at a CAGR of 8.9%. The need for bioresorbable vascular scaffolds is anticipated to increase throughout the forecast period as a result of the increased incidence of risk factors like diabetes, obesity, and an aging population. A strong product pipeline and technological breakthroughs in bioresorbable vascular scaffolds (BVS) are two additional drivers anticipated to fuel market expansion over the course of the projected period. New-generation BRSs overcome pre-BRS limitations and achieve wider use by using materials that are absorbable and have stronger mechanical properties to build thinner struts and lower crossing profiles. Therefore, new technological developments like next-generation BRSs with better outcomes helped the Europe bioresorbable vascular scaffold market grow during the course of the projection year.Get a free sample PDF copy of the latest research on the market 2023 before the purchase@
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Across the world, one of the main causes of mortality is cardiovascular disease (CVD). According to the World Health Organization, CVDs are thought to be the cause of 17.9 Million deaths annually or close to 31% of all fatalities worldwide. The prevalence of CVDs is rising due to a multitude of factors, including sedentary lifestyles, aging populations, and poor diets. Consequently, there is a rising demand for therapies that are effective and can improve patient outcomes. The prevalence of cardiovascular disorders is rising, which is propelling market growth. The development of imaging technology has made it easier to install BVSs by improving the ability to examine coronary arteries during minimally invasive procedures. Medical specialists looking for efficient alternatives to traditional stents are paying more attention to this. The global market is anticipated to grow as minimally invasive techniques are used more frequently.
Top Companies in the Global Bioresorbable Vascular Scaffold Market:
Abbott, Kyoto Medical, Biotronik, Elixir Medical, among others.
Based on Types, the Global Bioresorbable Vascular Scaffold Market is Segmented into:
Metal BVS
Polymer BVS
Based on Application, the Global Bioresorbable Vascular Scaffold Market is Segmented into:
Hospital & Clinic
Medical Center
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Regions are covered by the Bioresorbable Vascular Scaffold Market Report 2023 to 2030
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, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Geographical markets are of great importance for investors since a detailed report offers core areas to identify potential prospects. Strategic initiatives under regional analysis display mergers, acquisitions, collaborations, and joint ventures between key players. Innovation is been the driving force for these players and in the mode of business expansion, players are now leaping and investing in other ventures for mutual profits. Chapter-wise segmentation and data analysis are ensured for every region.
Historical Years: 2017-2022
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Frequently Asked Questions About The Bioresorbable Vascular Scaffold Market
- What are the top trends in the Bioresorbable Vascular Scaffold market?
- What is the growth rate of the market?
- Which Is the Most potential Bioresorbable Vascular Scaffold market segment?
- Which are the top industry players in the Bioresorbable Vascular Scaffold market?
- Which region would offer high growth for vendors in the market?
Strategic Points Covered in Table of Content of Bioresorbable Vascular Scaffold Market:
1 Report Business Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Bioresorbable Vascular Scaffold Market Perspective
2.2 Growth Trends by Region
2.3 Market Dynamics
2.3.1 Industry Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Market Restraints
3 Competition Landscape by Key Players
3.1 Global Bioresorbable Vascular Scaffold Sales by Manufacturers (2017-2023)
3.2 Global Bioresorbable Vascular Scaffold Revenue Market Share by Manufacturers (2017-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Bioresorbable Vascular Scaffold Average Price by Manufacturers (2017-2023)
3.5 Manufacturers Bioresorbable Vascular Scaffold Sales Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Global 5 and 10 Largest Bioresorbable Vascular Scaffold Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Bioresorbable Vascular Scaffold Market Breakdown Data by Type
4.1 Global Historic Market Size by Type
4.2 Global Forecasted Market Size by Type
5 Bioresorbable Vascular Scaffold Market Breakdown Data by Application
5.1 Global Historic Market Size by Application
5.2 Global Forecasted Market Size by Application
6 North America
6.1 North America Market Size
6.2 North America Market Size by Type
6.3 North America Market Size by Application
6.4 North America Market Size by Country
7 Europe
7.1 Europe Market Size
7.2 Europe Market Size by Type
7.3 Europe Market Size by Application
7.4 Europe Market Size by Country
8 Asia-Pacific
9 Latin America
10 Middle East and Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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Amit Jain (Sales Coordinator)
Phone no- +1 518 300 3575 / +1 929 251 4718
Email: inquiry@infinitybusinessinsights.com
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