Bioresorbable Vascular Scaffold Market Current Scenario with Future Aspect Analysis

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Bioresorbable Vascular Scaffold Market- (By Product Type (Enviroximes-eluting Device, Novalis's-eluting Device, Sirolimus-eluting Device. Others), By Disease Type (Coronary Artery Disease, Peripheral Artery Disease), By Material Type (Poly-L-Lactic Acid (PLLA), Tyrosine-derived Polycarbonate, Others), By End-user (Hospital, Ambulatory Surgical Center, Cardiac Catheterization Lab, Others)) Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

According to the latest research by InsightAce Analytic, the Global Bioresorbable Vascular Scaffold Market Size is valued at USD 179.7 Mn in 2024 and is predicted to reach USD 375.6 Mn by the year 2034 at a 7.8% CAGR during the forecast period for 2025-2034.

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Bioresorbable scaffolds (BRSs) are designed to provide temporary mechanical support to blood vessels and are fully resorbed by the body after fulfilling their purpose. These scaffolds aim to mitigate complications associated with permanent metallic stents by enabling the restoration of natural vasomotion and facilitating luminal expansion upon resorption. One of the primary drivers of the bioresorbable vascular scaffolds (BVS) market is the increasing global prevalence of cardiovascular diseases (CVD). The demand for BVS is further supported by the rising incidence of contributing risk factors, such as diabetes, obesity, and an ageing population.

Moreover, the market is expected to benefit from a robust product development pipeline and ongoing technological advancements in BRS design and materials. Innovations in new-generation BRSs have addressed the limitations of earlier models by incorporating absorbable materials with enhanced mechanical strength, enabling the creation of thinner struts and reduced crossing profiles. These improvements have broadened the applicability and adoption of BRS technology. In particular, Europe has witnessed notable market growth, driven by the introduction of next-generation BRSs offering improved clinical outcomes during the forecast period.

List of Prominent Players in the Bioresorbable Vascular Scaffold Market:
• BIOTRONIK Group of Companies
• Meryl Life Sciences Pvt. Ltd.
• Kyoto Medical Planning Co., Ltd.
• Elixir Medical
• Zorin Medical

Market Dynamics:
Drivers-
The global bioresorbable vascular scaffold (BVS) market is expected to experience significant growth, primarily driven by the rising prevalence of cardiovascular diseases and the increasing demand for minimally invasive treatment options. Additionally, heightened healthcare expenditure and growing awareness of the clinical benefits of BVS over conventional metallic stents are contributing to the market's expansion.

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Challenges:
Despite its potential, the bioresorbable vascular scaffold market faces several challenges. Some manufacturers have encountered setbacks, such as product recalls or discontinuations, due to clinical concerns, which have influenced overall market confidence and adoption rates. Furthermore, the higher cost of BVS compared to traditional metallic stents may limit its accessibility, particularly in cost-sensitive healthcare environments. Variations in reimbursement policies across different regions and insurers also present a barrier to market penetration.

Regional Trends:
North America is anticipated to hold a leading position in the bioresorbable vascular scaffold market, supported by a well-established healthcare infrastructure, widespread awareness of minimally invasive procedures, and higher disposable income levels. Additionally, Europe maintains a significant market share, driven by its strong foundation in clinical research and trials related to BVS technologies. European studies have played a crucial role in assessing the safety and efficacy of various BVS platforms, influencing regulatory standards and clinical guidelines within the region.

Recent Developments:
• In Mar 2021- Bioresorbable scaffold (BRS) MeRes100 was introduced in the nation by Meril Life Sciences following domestic research and development.MeRes100 was the initial 100 micron thin-strut BRS designed to treat coronary artery disease patients.

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Segmentation of Bioresorbable Vascular Scaffold Market-
By Product Type
• Enviroximes-eluting Device
• Novalis's-eluting Device
• Sirolimus-eluting Device
• Others
By Disease Type
• Coronary Artery Disease
• Peripheral Artery Disease
By Material Type
• Poly-L-Lactic Acid (PLLA)
• Tyrosine-derived Polycarbonate
• Others
By End-user
• Hospital
• Ambulatory Surgical Center
• Cardiac Catheterization Lab
• Others
By Region-
North America-
● The US
● Canada
● Mexico
Europe-
● Germany
● The UK
● France
● Italy
● Spain
● Rest of Europe
Asia-Pacific-
● China
● Japan
● India
● South Korea
● South East Asia
● Rest of Asia Pacific
Latin America-
● Brazil
● Argentina
● Rest of Latin America
Middle East & Africa-
● GCC Countries
● South Africa
● Rest of Middle East and Africa

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