Press release
Global Bioabsorbable Stents Market Set for Significant Growth, Expected to Reach USD 253.9 Million by 2033 Driven by Advancements in Manufacturing Technology and Emerging Markets
Bioabsorbable Stents Market
Transformative Trends in Stent Development:
The stent development landscape is undergoing a revolutionary transformation, fueled by advanced manufacturing techniques that are reshaping the industry. With a range of innovative modalities now at their disposal, manufacturers are well-positioned to leverage emerging opportunities in the bioabsorbable stents market. Five primary techniques are currently being utilized for stent production: etching laser cutting, electroforming, micro-electro discharge machining, and die-casting.
Discover Market Shifts: Secure Your Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-4819
One of the most noteworthy advancements in recent years is the adoption of 3D printing technology. Traditional processing methods for biodegradable stent materials have faced limitations, prompting the rise of biological 3D printing technology. This cutting-edge development is enabling the creation of more customized and precise solutions, catering to the evolving needs of the market.
Emerging Markets and Future Prospects:
As the demand for advanced cardiovascular solutions escalates, emerging economies, particularly in Asia, present significant growth opportunities for the bioabsorbable stents market. Countries such as China are becoming key focal points for manufacturers seeking to capitalize on the growing need for innovative medical devices. This strategic shift towards emerging markets is expected to further drive the expansion of the bioabsorbable stents market.
The global bioabsorbable stents market is on the cusp of a transformative period, with technological innovations and emerging markets providing significant momentum for future growth. Manufacturers are encouraged to adapt to these transformative trends and capitalize on the numerous opportunities arising in this promising sector. As the market continues to evolve, bioabsorbable stents are expected to play a crucial role in addressing the growing demand for effective and sustainable cardiovascular treatments worldwide.
"Market players can expand their share in China for bioabsorbable stents, due to significant opportunities present in this market. However, they must take into account the preference for value products as the government is forcing a decrease in the overall product prices. Additionally, they must look out for the long-term viability of the product," says an FMI analyst.
Key Takeaways from the Bioabsorbable Stents Market Report:
• In 2022, the global bioabsorbable stents market size stood at USD 167.7 million.
• North America is a notable market for bioabsorbable stents, accounting for about 48.5% in 2023. The United States occupied 44.4% market share in 2022.
• The Europe market for bioabsorbable stents gathered a market share of 27.6% in 2022. The German market, a core market in the region, procured a value share of 9.9% in 2022.
• The United Kingdom market is predicted to expand at a CAGR of 5.7% through 2033.
• Within Asia Pacific, China and India are predicted to register CAGRs of 6.6% and 4.6% through 2033.
• Based on product type, the coronary artery stents segment is expected to acquire a value share of around 76.2% in 2023.
• On the basis of material type, the polymers segment is anticipated to obtain a market share of about 59.3% in 2023.
Stay Ahead with Bioabsorbable Stents: Delve into Our Full Report for Extensive Trends and Insights! https://www.pharmiweb.com/press-release/2024-06-17/global-bioabsorbable-stents-market-poised-for-significant-growth-projected-to-reach-usd-2539-milli
Recent Developments Detected in the Bioabsorbable Stents Market:
• In September 2020, Abbott Laboratories commenced the launch of the LIFE-BTK clinical trial to assess the Espirit below-the-knee drug-eluting resorbable scaffold. The firm reported that this is its first trial in the United States to examine an entirely resorbable device to cure blocked arteries critical limb ischemia (CLI) and below the knees in patients suffering from severe stages of peripheral artery disease (PAD).
• In April 2020, Boston Scientific announced the launch of Synergy Megatron, which is a bioabsorbable polymer coronary stent system. The device boasts of invigorated strength and capacity to accommodate reduced vessels. This medical device has made its debut in Europe.
• In August 2022, PGIMER executed the first-ever robotically-assisted biodegradable stent implantation. These newer bioresorbable stents with thinner struts, which have been developed in India, dissolve in the body post three years, leaving the natural artery as it is.
Key Players in the Market:
• Boston Scientific Corporation
• Meril Life Sciences Pvt. Ltd.
• Medtronic Plc
• Smith & Nephew Plc
• Stryker Corporation
• Wright Medical Group
• KLS Martin
• BIOTRONIK Ltd
• Syntellix AG
• Q3 Medical Devices Limited.
• JW Medical Systems LTD
• ORBUSNEICH MEDICAL
• Abbott Vascular
Key Market Segments Covered in Bioabsorbable Stents Market Report:
By Stents:
• Coronary Artery Stents
• Peripheral Artery Stents
• Non-vascular Stents
o Esophageal Stents
o Billary Stents
By Material:
• Metallic
• Ceramic
• Polymers
o PGA
o PLA
o Co-Polymer
By Application:
• Cardiovascular
• Orthopedics
• Cosmetic Surgery
• General Surgery
• Cranial
• Others
By End User:
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
By Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐌𝐈'𝐬 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐎𝐧𝐠𝐨𝐢𝐧𝐠 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐃𝐨𝐦𝐚𝐢𝐧:
Helicobacter Pylori Testing Market https://www.fmiblog.com/2024/12/02/global-helicobacter-pylori-testing-market-set-for-significant-growth-projected-to-reach-usd-380-3-million-by-2032/
Head Band Ophthalmoscopes Market https://www.fmiblog.com/2024/12/02/global-head-band-ophthalmoscopes-market-set-for-robust-growth-projected-to-reach-usd-72-9-million-by-2032/
Wound Evacuators Market https://www.fmiblog.com/2024/12/02/promising-growth-ahead-for-the-global-wound-evacuators-market-expected-to-reach-usd-593-6-million-by-2032/
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Bioabsorbable Stents Market Set for Significant Growth, Expected to Reach USD 253.9 Million by 2033 Driven by Advancements in Manufacturing Technology and Emerging Markets here
News-ID: 3793447 • Views: …
More Releases from Future Market Insights Inc
Europe Sauces, Dressings, and Condiments Market Outlook 2025-2035: Food Service …
Europe Sauces, Dressings, and Condiments Market Outlook
The European sauces, dressings, and condiments market is entering a sustained growth phase as changing food consumption patterns, expanding food service activity, and rising demand for convenient flavor solutions reshape category dynamics. Sales across Europe are estimated at USD 3.9 billion in 2025 and are forecast to reach USD 5.9 billion by 2035, advancing at a compound annual growth rate (CAGR) of 4.4% during…
Convenience Food Market Poised to Double by 2036 as Urban Lifestyles and Organiz …
Convenience Food Market Outlook
The global convenience food market is entering a decade of steady, structurally driven growth, supported by changing consumption habits, urban expansion, and the normalization of ready and semi-prepared meals across daily diets. Valued at USD 728.6 million in 2026, the market is projected to reach USD 1,460.3 million by 2036, expanding at a CAGR of 7.2% over the forecast period.
Market expansion reflects a clear concentration of consumption…
Cleaning Chemicals for Senior Care and Long-Term Care Facilities Market Landscap …
The global cleaning chemicals used in senior care and long-term care facilities market is expected to grow from approximately USD 1.8 billion in 2026 to USD 3.2 billion by 2036, reflecting a compound annual growth rate (CAGR) of about 6.0% over the forecast period. This expansion is fueled by stricter hygiene regulations, increasing institutional care capacity, and rising demand for disinfectants and sanitation solutions specifically formulated for sensitive senior-care settings.
Key…
Global Cleaning Chemicals for Fitness and Recreation Facilities Market Dynamics …
The global Cleaning Chemicals for Fitness and Recreation Facilities Market is valued at USD 1.0 billion in 2026 and is projected to climb to USD 1.8 billion by 2036, advancing at an estimated 5.8% CAGR over the forecast horizon. Growth is being fueled by heightened expectations for visible, routine sanitation in gyms, sports complexes, wellness centers, and community recreation environments, where trust, safety, and operational consistency have become central to…
More Releases for Stent
Airway Stent/Lung Stent Market: Opportunities for Future Expansion
Airway Stent/Lung Stent Market valued at USD X.X Billion in 2024 and is projected to reach USD X.X Billion by 2032, growing at a CAGR of X.X% from 2025 to 2032.
What is the Airway Stent/Lung Stent Market and Why is It Significant?
The Airway Stent/Lung Stent market involves the production and distribution of medical devices designed to support and keep open airways in patients suffering from conditions such as tracheal stenosis,…
Airway Stent Lung Stent Market Size 2024 to 2031.
Market Overview and Report Coverage
An airway stent, also known as a lung stent, is a medical device used to open up blocked airways in the lungs. It is typically used in patients with conditions such as tracheal or bronchial stenosis, tumors, or strictures. The global airway stent lung stent market is expected to grow at a CAGR of 6.10% during the forecasted period.
The future outlook for the airway stent lung…
Airway Stent and Lung Stent Market Revenue Surges: Acumen Research Projection
The airway stent/lung stent market is witnessing a significant surge in revenue, projected to increase by USD 204.4 million by 2032. This growth is driven by a Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2032. This article delves into the various facets of the market, including regional dominance, segment growth, and the underlying factors fueling this expansion.
Market Revenue Growth
The global airway stent/lung stent market is on an…
Gel Stent Market Will Generate Booming Growth Opportunities to 2032 | Clinical P …
The latest Global Gel Stent Market research report 2022 provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth during the upcoming years. The Gel Stent market report also covers the size, share, potential growth, and industry strategy followed by prominent players. This report also includes profiles for major companies within the market. There is wide acceptance of Gel Stent across the buyers' segments and this has been driving the…
Gel Stent Market To Offer Lucrative Growth Opportunities to 2032 | Clinical Phas …
The global Gel Stent market research report offers domain wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. The wide application portfolio of Gel Stent is one of factors driving the growth of domain worldwide. The global market is moderately competitive with a blend of global and regional players. The industry players invest significantly in R&D to enhance their offerings. The entire…
Airway Stent/Lung Stent Market Size, Share, Trends & Forecast 2019-2025
The airway stent/lung stent market is forecast to grow at a CAGR of 5.8% attributed to the increasing adoption of bronchial stents in the treatment of lung cancer and other chronic respiratory diseases. The airway invasion is common in the patient diagnosed with lung cancer. These patients may develop stridor, intractable cough, post obstructive, dyspnea, hemorrhage, pneumonia and intractable cough due to tracheobronchial tumor extension. The optimal management of patients…
