- Bioresorbable Metallic Stents
- Bioresorbable Polymer Based Stents
Biodegradable Stents Market size was valued at USD 0.851 billion in 2023 and is poised to grow at a CAGR of 23% during the forecast period 2024 to 2030. Biodegradable Stents are the new headways in the stents innovation additionally named as bioresorbable stents or biodegradable stents. It is the gadget which is embedded into the vein or inner channel to extend the vein keeping its blockage. When contrasted with forerunners of biodegradable stents, the more current innovation has essentially diminished the danger of thrombosis, in-stent restenosis, double against platelet treatment, and second medical procedure for evacuation of the stent. These variables have assumed a vital part in forming the direction of the worldwide market in a positive bearing in the course of the last few years. The biodegradable stents showcase is seen as the most broadened and focused market including huge number of players. The market is ruled by a few players, contingent upon their real skills.
Biodegradable Stents Market Key Developments:
- In September 2017, Abbott Laboratories stopped the worldwide offers of their completely absorbable stent-Absorb Bioresorbable Vascular Scaffold (BVS).
Global Biodegradable Stents Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
23%
Largest Market
North America
Fastest Growing Market
Europe
Biodegradable Stents Market Dynamics
The key variables helping the development of biodegradable stents are rising pervasiveness of coronary course malady, expanding weight because of stationary way of life in youthful populace, and expanding inclination for biodegradable stents via cardiologists. However, moderate reception rate of stents in sickness administration is the key restriction looked by the worldwide biodegradable stents market. High dangers of difficulties related with biodegradable stents and high offering cost likewise hampers the market development. Furthermore, lacking repayment approaches and nearness of substitutes are a portion of the real difficulties looked by the worldwide biodegradable stents market.
North-America Got Significant Share of
Biodegradable Stents Market
North America overwhelms the worldwide biodegradable stents market, which is attributable to the expanded mindfulness about the essential pretended by biodegradable stents in the treatment of coronary illnesses. The U.S. holds the biggest market for biodegradable stents, trailed by Canada, in North America. In Europe, Germany, Italy, the U.K., and France holds real offers of the biodegradable stents. Be that as it may, Asia is relied upon to show a high development rate in the following five years in the worldwide biodegradable stents showcase given the expanding open mindfulness about different coronary and fringe vein sicknesses in the locale. Japan, China, and India are relied upon to be the quickest developing biodegradable stents advertises in Asia.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startups details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Biodegradable Stents Market Segmentation
By Material
By Absorption
- Slow- absorption Stents
- Fast- absorption Stents
By End User
- Hospitals
- Diagnostic Centres
- Cardiac Centres
By Geography
- North America
- Europe
- Latin America
- Asia Pacific
- The Middle East and Africa
Frequently Asked Questions
The biodegradable stents market key players are: Kerry Group, Marfrig Group, BRF S.A., Pilgrims Pride Corporation, Associated British Foods, Cargill Incorporated and Tyson Foods
Rising pervasiveness of coronary course malady
Europe is the fastest-growing for biodegradable stents market
| 1.Executive Summary |
| 2.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 Introduction |
| 2.1.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 - Taxonomy |
| 2.2.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 - Definitions |
| 2.2.1.Material |
| 2.2.2.Absorption |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Bioresorbable Metallic Stents |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Bioresorbable Polymer Based Stents |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 By Absorption, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Slow- absorption Stents |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Fast- absorption Stents |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Diagnostic Centres |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Cardiac Centres |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Biodegradable Stents Market Size, Share, Forecast 2024-2030 By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Biodegradable Stents Market Size, Share, Forecast 2024-2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Bioresorbable Metallic Stents |
| 9.1.2.Bioresorbable Polymer Based Stents |
| 9.2. Absorption Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Slow- absorption Stents |
| 9.2.2.Fast- absorption Stents |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Hospitals |
| 9.3.2.Diagnostic Centres |
| 9.3.3.Cardiac Centres |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Biodegradable Stents Market Size, Share, Forecast 2024-2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Bioresorbable Metallic Stents |
| 10.1.2.Bioresorbable Polymer Based Stents |
| 10.2. Absorption Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Slow- absorption Stents |
| 10.2.2.Fast- absorption Stents |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Hospitals |
| 10.3.2.Diagnostic Centres |
| 10.3.3.Cardiac Centres |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Biodegradable Stents Market Size, Share, Forecast 2024-2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Bioresorbable Metallic Stents |
| 11.1.2.Bioresorbable Polymer Based Stents |
| 11.2. Absorption Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Slow- absorption Stents |
| 11.2.2.Fast- absorption Stents |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Hospitals |
| 11.3.2.Diagnostic Centres |
| 11.3.3.Cardiac Centres |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Biodegradable Stents Market Size, Share, Forecast 2024-2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Bioresorbable Metallic Stents |
| 12.1.2.Bioresorbable Polymer Based Stents |
| 12.2. Absorption Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Slow- absorption Stents |
| 12.2.2.Fast- absorption Stents |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Hospitals |
| 12.3.2.Diagnostic Centres |
| 12.3.3.Cardiac Centres |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Biodegradable Stents Market Size, Share, Forecast 2024-2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Bioresorbable Metallic Stents |
| 13.1.2.Bioresorbable Polymer Based Stents |
| 13.2. Absorption Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Slow- absorption Stents |
| 13.2.2.Fast- absorption Stents |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Hospitals |
| 13.3.2.Diagnostic Centres |
| 13.3.3.Cardiac Centres |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Kerry Group Plc. |
| 14.2.2.Marfrig Group. |
| 14.2.3.BRF S.A. |
| 14.2.4.Pilgrims Pride Corporation |
| 14.2.5.Associated British Foods Plc. |
| 14.2.6.Cargill Incorporated |
| 14.2.7.Tyson Foods, Inc. |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Kerry Group Plc.
- Marfrig Group.
- BRF S.A.
- Pilgrims Pride Corporation
- Associated British Foods Plc.
- Cargill Incorporated
- Tyson Foods, Inc.