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Global Biodegradable Stents Market to Surpass US$ 0.8 Billion by 2026

The global biodegradable stents market size is estimated to be valued at US$ 278.6 million in 2018, and is expected to witness a CAGR of 15.6% over the forecast period (2018 – 2026).

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Global Biodegradable Stents Market to Surpass US$ 0.8 Billion by 2026

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  1. Biodegradable Stents Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018- 2026 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Biodegradable Stents Market – Overview Stents are metal scaffolds used for opening the blocked vessel to optimize the flow of biliary fluid or blood through the vessel. Biodegradable stents also called as bioresorbable stents are type of stents made from special biodegradable material such as polymers and metal, eliminating the stents removal and side-effects of conventional stents. Biodegradable polymers evaluated for stent manufacture are polylactic acid (PLA), poly-DL-lactic acid (PDLLA), poly-L-lactic acid (PLLA), poly-DL-lactide-co-glycolide (PDLGA), poly-lactic-co glycolide (PLGA), polycaprolactone (PCL), polylactic acid/polycaprolactone (PLA/PCL), whereas biodegradable metal are made up of magnesium, stainless steel, and cobalt chromium. Biodegradable material hydrolyze in presence of water and convert into simple biological compounds. High risk of developing cardiovascular disease is expected to fuel the biodegradable stents market growth over the forecast period. For instance, according to American Heart Association, cardiovascular disease is a leading cause of death worldwide, owning for more than 17.3 million deaths per year in 2013, comprising around 31% and number is expected to grow to more than 23.6 million by 2030.Moreover, as per American Heart Association’s Heart Disease and Stroke Statistics 2017, 39.7% of American adults suffer from high cholesterol, which is projecting them towards higher risk of arterial blockage. Furthermore, sedentary lifestyle and increasing proportion of obesity and geriatric population is also expected to drive growth of the biodegradable stents market Biodegradable stents are gaining traction and adoption attributing to drawbacks of bare metal stents. For instance, bare metal stents are reported to cause hypersensitivity reaction and issues such as late drug eluting stents thrombosis. However, high cost of the biodegradable stents is the major factor hindering the market growth.. Click To Continue Reading on Global Biodegradable Stents Market © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Biodegradable Stents MarketTaxonomy: Global Biodegradable Stents Market, By Product Type: Coronary Stents Peripheral Stents Global Biodegradable Stents Market, By Material Type: Polymer-based Stents Metallic Stents Global Biodegradable Stents Market, By End Users: Hospitals Specialty Clinics Ambulatory Surgical Centers Request Sample Copy of this Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/1917 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Biodegradable Stents MarketTaxonomy: On the basis of geography, the Global Biodegradable Stents Market is segmented into: North America ● Latin America ● Europe ● Asia Pacific ● Middle East ● Africa ● Factors such as increasing product launches with biodegradable material or technologically advanced form such as completely degradable stents and increasing incidences of cardiac coronary artery disease are driving the biodegradable stents market growth. For instance, in 2016, Biotronik SE & Co. received CE approval for Magmaris, which is first clinically-proven magnesium scaffold based bioresorbable stents for the treatment of coronary artery disease. Moreover, the pipeline product are aiding to the biodegradable stents market growth over the forecast period. For instance, Scitech Produtos Medicos Ltda is conducting clinical trials for Inspiron stents and biomatrix flex stents for the coronary artery disease, which as on April 2018, was in phase 4 trial. However, the drawbacks associated with polymer such as expansion and recoiling of stents, are expected to restrain the biodegradable stents market growth. © Coherent market Insights. All Rights Reserved

  5. REPORT DESCRIPTION Biodegradable Stents Market: Key Players Major players involved in the global biodegradable stents market include: Boston Scientific Corporation ● Abbott ● Kyoto Medical Planning Co., Ltd. ● QualiMed ● Elixir Medical Corporation ● ENDOCOR GmbH ● BIOTRONIK SE & Co. KG ● Amaranth Medical, Inc. ● Arterial Remodeling Technologies SA. ● © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare CLINICAL DIAGNOSTIC HEALTHCARE IT BIOTECHNOLOGY PHARMACEUTICAL MEDICAL IMAGING MEDICAL DEVICES Chemicals & Materials Speciality and Fine Chemicals Bulk Chemicals Advanced Materials Green Chemicals Polymers & Resins Food Ingredients Cosmetic Ingredients © Coherent market Insights. All Rights Reserved

  8. ABOUT COHERENT MARKET INSIGHTS KEY STATS RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year CUSTOMIZED SOLUTIONS COUNTRY ANALYSIS Consulting Projects Till Date 150+ CONSULT PROJECTS SURVEY RESEAR CH EXCEL FORECAST DATABASE 125+ COMPETITIVE ASSESSMENT Clients Worldwide Per Year 110+ TECHNOLOGY SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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