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Global Bio-absorbable Stents Market 2017-2021

Global Bio-absorbable Stents Market 2017-2021

About bio-absorbable stents

The bioabsorbable stents market has evolved with the advances in technology and innovative products in the medical field. Stents are being increasingly used to treat medical conditions. The vendors are focusing on developing products that are safe, easy to use, widely available, and cost-effective. Also, some companies are adopting creative strategies and developing innovative products to ensure product differentiation in the market.

Technavio’s analysts forecast the global bio-absorbable stents market to grow at a CAGR of 40.93% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bio-absorbable stents market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of bioabsorbable stents.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Bio-Absorbable Stents Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Abbott Laboratories
  • Elixir Medical
  • Kyoto Medical Planning
  • F. Hoffmann-La Roche
Other prominent vendors
  • REVA Medical
  • Arterial Remodeling Technologies
  • Tepha
  • Meril Life Sciences
  • Amaranth Medical
  • Arterius
Market driver
  • Increasing prevalence of CADs
  • For a full, detailed list, view our report
Market challenge
  • Stringent regulation for approval of devices
  • For a full, detailed list, view our report
Market trend
  • Advent of metallic stents
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bio-Absorbable Stents Market 2017-2021

Technavio recognizes the following companies as the key players in the global bio-absorbable stents market: Boston Scientific, Abbott Laboratories, Elixir Medical, and Kyoto Medical Planning.

Other Prominent Vendors in the market are: REVA Medical, Arterial Remodeling Technologies, Tepha, Meril Life Sciences, Amaranth Medical, and Arterius.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advent of metallic stents. Vendors are focusing on newer technology in the development of bioabsorbable stents with advanced features. The use of technology results in high use of bioabsorbable stents globally. The advances in vascular surgery has brought great focus in development and newer ways to solve the difficult clinical problems. The development of new alloys in the manufacture of stents is expected to lead to an increase in the adoption of bioabsorbable stents in the treatment of CADs and PADs.”

According to the report, one of the major drivers for this market is increasing prevalence of CADs. There has been a rise in incidence of cardiac diseases globally, with cardiac arrest being the leading cause of death among individuals aged 60 years and above. According to CDC, cardiac disorders accounted for over 0.45 million deaths in the US each year. Hypertension is the most common reason for heart failure, which is caused due to rise in blood pressure in the arteries. This is an important risk factor for various CVDs like heart failure, stroke, CAD, and PVD.

Further, the report states that one of the major factors hindering the growth of this market is stringent regulation for approval of devices. Regulatory authorities have enforced a stringent regulatory framework and labeling requirement for medical devices. These devices are always considered as high risk and undergo safety examination to demonstrate efficacy before they are granted approval. The FDA might delay or reject devices, which do not demonstrate the required safety.

Companies Mentioned

Boston Scientific, Abbott Laboratories, Elixir Medical, Kyoto Medical Planning, REVA Medical, Arterial Remodeling Technologies, Tepha, Meril Life Sciences, Amaranth Medical, Arterius.

  • Executive summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global bioabsorbable stents market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by material
    • Table Global bioabsorbable stents market by material 2016
    • Polymeric stents
      • Table Polymeric stents: Market overview
      • Table Polymeric stents: Products
    • Metallic stents
      • Table Metallic stents: Market overview
      • Table Metallic stents: Products
  • Market segmentation by application
    • Market overview
      • Table Global bioabsorbable stents market by application 2016
  • Market segmentation by end-user
    • Table Global bioabsorbable stents market by end-users 2016
    • Hospitals
      • Table Revascularisation procedures in Americas 2006 and 2013 (per 100,000 population)
      • Table Revascularisation procedures in EMEA 2006 and 2013 (per 100,000 population)
      • Table Revascularisation procedures in APAC 2006 and 2013 (per 100,000 population)
    • ASCs
      • Table Bioabsorbable stents market: ASCs in Americas
      • Table Bioabsorbable stents market: ASCs in EMEA
      • Table Bioabsorbable stents market: ASCs in APAC
  • Geographical segmentation
    • Bioabsorbable stents market in the Americas
      • Table Americas: Overview of bioabsorbable stents market
      • Table Bioabsorbable stents market in Americas 2016-2021 ($ billions)
      • Table Americas: Market metrics in various countries
      • Table Key takeaway: Bioabsorbable stents market in the US
    • Bioabsorbable stents market in EMEA
      • Table EMEA: Overview of bioabsorbable stents market
      • Table Bioabsorbable stents market in EMEA 2016-2021 ($ billions)
      • Table EMEA: Market metrics in various countries
      • Table Key takeaway: Bioabsorbable stents market in the UK
    • Bioabsorbable stents market in APAC
      • Table APAC: Overview of bioabsorbable stents market
      • Table Bioabsorbable stents market in APAC 2016-2021 ($ billions)
      • Table APAC: Market metrics in various countries
      • Table Key takeaway: Bioabsorbable stents market in India
  • Market drivers
    • Increasing prevalence of CADs
      • Table CHD prevalence by sex and age in US 2015
    • Growing demand for MI procedures
    • Growing diabetic population
      • Table Global prevalence of diabetes 2015 and 2040 (millions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Stringent regulation for approval of devices
      • Table Bioabsorbable stents under investigation and trials
    • Threat of substitute products
    • Increasing competition among vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advent of metallic stents
    • Growing popularity of hybrid procedures
    • Alternative use of vascular stents
  • Vendor landscape
    • Competitive landscape analysis
      • Table Competitive structure analysis of global bioabsorbable stents market 2016
      • Table Competitive landscape analysis of global bioabsorbable stents market 2016
      • Table Market penetration of various bioabsorbable stents manufacturers globally 2016
      • Table Strategic factors determining success for leading companies in global bioabsorbable stents market
  • Key vendor analysis
    • Boston Scientific
      • Table Boston Scientific: Strength analysis
      • Table Boston Scientific: Strategy assessment
      • Table Boston Scientific: Opportunity assessment
    • Abbott Laboratories
      • Table Abbott Laboratories: Strength assessment
      • Table Abbott Laboratories: Strategy assessment
      • Table Abbott Laboratories: Opportunity assessment
    • Elixir Medical
      • Table Elixir Medical: Strength assessment
      • Table Elixir Medical: Strategy assessment
      • Table Elixir Medical: Opportunity assessment
    • Kyoto Medical Planning
      • Table Kyoto Medical Planning: Strength assessment
      • Table Kyoto Medical Planning: Strategy assessment
      • Table Kyoto Medical Planning: Opportunity assessment
    • Other prominent vendors
      • Table Other prominent vendors: Bioabsorbable stents market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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