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Global Bioabsorbable Stents Market 2023: By Size, Share, CAGR, Trends And Growth Forecast To 2032
Bioabsorbable Stents Market
The Business Research Company's Bioabsorbable Stents Global Market Report 2023 identifies Increasing cardiovascular diseases as the major driver for the Bioabsorbable Stents market's growth in the forecast period. Cardiovascular disorders are the leading cause of death across the world and 4 out of 5 cardiovascular deaths are caused by strokes and heart attacks.
The global bioabsorbable stents market size grew from $0.31 billion in 2022 to $0.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of bioabsorbable stents is expected to grow from $0.49 billion in 2027 at a CAGR of 9.2%.
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Major competitors in the Bioabsorbable Stents market are Abbott Laboratories, Reva Medical, Elixir Medical Corporation, Biotronik SE & Co. KG, Amaranth Medical Inc., Zorion Medical, Tepha, Inc., S3V Vascular Technologies, ICON Interventional Systems, and Arterius Limited.
A key trend in the Bioabsorbable Stents market includes The drug-eluting stent (DES). The drug-eluting stent (DES) device was designed to avoid the regeneration of tissue that would otherwise obstruct the artery and this was a new step forward in the treatment of peripheral artery disease.
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The Bioabsorbable Stents market is segmented -
1) By Product Type: Polymer-based Bioabsorbable Stents, Metal-based Bioabsorbable Stents
2) By Absorption Rate: Slow- absorption stents, Fast- absorption Stents
3) By Applications: Coronary Artery Diseases, Peripheral Artery Diseases
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Bioabsorbable Stents market.
The Business Research Company's "Global Bioabsorbable Stents Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Bioabsorbable Stents Market Include:
1. Executive Summary
2. Bioabsorbable Stents Market Characteristics
3. Bioabsorbable Stents Market Trends And Strategies
4. Bioabsorbable Stents Market - Macro Economic Scenario
5. Bioabsorbable Stents Market Size And Growth
.......
26. Africa Bioabsorbable Stents Market
27. Bioabsorbable Stents Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bioabsorbable Stents Market
29. Bioabsorbable Stents Market Future Outlook and Potential Analysis
30. Appendix
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