Global Biodegradable Stents Market: Segment Snapshot and Table of Content (2016-2024)

Global Biodegradable Stents Market: Reduced Complications and Complete Absorption Give a New Lease of Life to Products, notes TMR

According to the research report, the global biodegradable stents market is anticipated to be worth US$1.7 bn by 2024 as compared to US$18 mn in 2015. During the forecast years of 2016 and 2024, the global market is expected to expand at a CAGR of 30.1%.

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The Global Diabetes Drugs market is segmented on the basis of Stent Type, Material, End user and Geography.

As compared to predecessors of biodegradable stents, the newer technology has significantly reduced the risk of thrombosis, in in-stent restenosis, dual anti-platelet therapy, and second surgery for removal of the stent. These factors have played a pivotal role in shaping the trajectory of the global market in a positive direction over the past few years. The efficiency of biodegradable stents has won the market numerous consumers in the recent past. Thus, several patients and cardiologists have shown a keen interest in the uptake of biodegradable stents in the treatment of coronary and peripheral artery diseases.

The two type of stents available in the global market are the coronary artery stents and peripheral artery stents. Of these, the coronary artery stents held a dominant share in the global market in 2015. The segment is expected to continue its dominance in the coming years due to the exponentially rising number of deaths due to cardiovascular diseases. The high prevalence of coronary artery diseases across the globe around the world, rising preference of cardiologists towards percutaneous coronary intervention procedures, and increasing uptake of use of stents are expected to make a significant contribution to the soaring revenue of this segment in the forecast period.

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In terms of geography, the global biodegradable market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Europe held a lion’s share in the global biodegradable stents market in 2015. Asia Pacific closely followed as the developing nations of the region are showing keen interest in uptake of newer technologies. These regions are expected to show continued progress in the overall market due to high adoption rate of biodegradable stents due to quick approvals from regulatory bodies. Furthermore, high incidence of diabetes and hypertension across Asia Pacific are also expected to spike the demand for biodegradable stents as patients suffering from these conditions are highly susceptible to cardiovascular diseases. The report indicates that North America biodegradable stents market will also show considerable progress with recent approvals from the U.S. FDA.

Summary of Table of Content

1 Preface
2 Assumptions and Research Methodology
3 Executive Summary
4 Market Overview
5 Market Dynamics
6 Biodegradable Stents Market Analysis, by Stent Type
7 Biodegradable Stents Market Analysis, by Material Type
8 Biodegradable Stents Market Analysis, by End Users
9 Biodegradable Stents Market Analysis, by Region
10 North America Biodegradable Stents Market Analysis
11 Europe Biodegradable Stents Market Analysis
12 Asia Pacific Biodegradable Stents Market Analysis
13 Latin America Biodegradable Stents Market Analysis
14 MEA Biodegradable Stents Market Analysis
15 Company Profiles

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