Press release
Biodegradable Stents Market to Witness Huge Growth by 2031 -Boston Scientific Corporation, Arterius Limited, Elixir Medical Corporation.
Will the Biodegradable Stents market emerge as the sector's next great thing? To discover the answer, look at the Biodegradable Stents market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Biodegradable Stents market! (2031)
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Key Growth Drivers in Biodegradable Stents Market:
Growing Approval of Biodegradable Stents Driving Market Expansion
The market for biodegradable stents is experiencing significant growth due to the increasing number of approved products. For example, in February 2019, Biotronik's Orsiro drug-eluting stent (DES) system received FDA approval. The Orsiro stent is notable for being the first and only ultrathin DES to surpass the clinical standard set by Xience. Additionally, in July 2016, the U.S. FDA approved the Absorb GT1 Bioresorbable Vascular Scaffold System (BVS), the first fully absorbable stent designed to treat coronary artery disease. This stent releases the drug everolimus to prevent scar tissue formation and is gradually absorbed by the body over approximately three years. In 2016, Abbott Laboratories also received approval for the Absorb bioresorbable heart stent in Japan for treating coronary artery disease.
The rising prevalence of cardiovascular diseases (CVDs) further fuels the market's growth. According to the World Health Organization (WHO), CVDs caused approximately 17.9 million deaths in 2016, accounting for 31% of global deaths, with 85% attributed to heart attacks and strokes. Similarly, the Australian Heart Foundation reported 43,477 deaths from CVD in Australia in 2017. These statistics highlight the growing demand for effective treatment solutions like biodegradable stents, contributing to the market's expansion.
DataM Intelligence profiles some of the most reputed organizations present in the Biodegradable Stents market. They are as follows:
Boston Scientific Corporation, Arterius Limited, Elixir Medical Corporation, Kyoto Medical Planning Co. Ltd, Terumo Corporation, Abbott Laboratories Inc., Amaranth Medical, and Biotronik, Meril Life Sciences Pvt. Ltd and Reva Medical.
Segment Covered in the Biodegradable Stents Market:
By Product Type: Coronary Artery Stents, Peripheral Artery Stents.
By Material: Polymer-based stents, Metallic Stents, Others.
By End-Users: Hospitals, Cardiac Catheterization Laboratories, Ambulatory Surgery Centers.
Regional Analysis:
The global Biodegradable Stents Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Biodegradable Stents Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Biodegradable Stents Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Biodegradable Stents manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Biodegradable Stents in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQ's
Q.1. What are the primary drivers of the Biodegradable Stents Industry?
Q.2. What are the main factors propelling and impeding the growth of the Biodegradable Stents market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Biodegradable Stents market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Biodegradable Stents market now and in the future?
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