The global bioabsorbable stent/bioresorbable scaffold market is projected to grow at a CAGR of 12% during 2019 to 2024. The growth of bioabsorbable stent/bioresorbable scaffold market is driven by high prevalence of cardiovascular diseases, steep increase in the aging population, and the expanding base of the obese population.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global
bioabsorbable stent/bioresorbable scaffold market by material (bioresorbable
polymer based stents and bioresorbable metallic stents), absorption rate (slow-
absorption stents and fast- absorption stents), applications (coronary artery
diseases and peripheral artery diseases), end user (hospitals and cardiac
centers), and region (North America, Europe, Asia-Pacific, and ROW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the bioabsorbable stent/bioresorbable scaffold
market?
Q.4 What are some
changing demands of customers in the bioabsorbable stent/bioresorbable scaffold
market?
Q.5 What are the new
developments in the bioabsorbable stent/bioresorbable scaffold market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this bioabsorbable stent/bioresorbable
scaffold area and how big of a threat do they pose for loss of market share via
product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this bioabsorbable stent/bioresorbable
scaffold market?
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Market Segmentation:
Based on application,
the bioabsorbable stent/bioresorbable scaffold market is segmented into
coronary artery diseases and peripheral artery diseases. The coronary artery
diseases segment accounted for the largest share of the market in 2020 and is
expected to register the highest CAGR during the forecast period.
Europe will remain the
largest region over the forecast period due to more number of CE mark products
in the market, increasing regulatory approvals for stents which will facilitate
their commercialization and rising research activities for development of
bioresorbable stents.
Key Players in the
bioabsorbable stent/bioresorbable scaffold market are Abbott, REVA Medical,
Elixir Medical, KYOTO MEDICAL PLANNING Co., BIOTRONIK, Amaranth Medical,
Arterial Remodeling Technologies, Meril Life Sciences, Arterius, LEPU MEDICAL
TECHNOLOGY CO., Boston Scientific, 480 Biomedical, S3V Vascular Technologies,
Qualimed, and ORBUSNEICH.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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