Rise in prevalence of heart diseases coupled with increase in the geriatric population, rise in demand for the minimally invasive procedure, and rise in R&D have boosted the growth of the global bioabsorbable stents market. The market across North America held the largest share in 2019, accounting for more than two-fifths of the market.
Portland, OR, May 31, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global Bioabsorbable Stents Market was pegged at $283.6 million in 2019, and is estimated to reach $308.9 million by 2027, growing at a CAGR of 5.6% from 2020 to 2027.
Rise in prevalence of heart diseases coupled with increase in geriatric population, surge in technological advancements in bioabsorbable stents, and rise in demand for the minimally invasive procedure have boosted the growth of the global bioabsorbable stents market. Moreover, growth in development of healthcare infrastructure and rise in R&D supplemented the market growth. However, high cost and risk of procedure associated with bioabsorbable stents hinder the market growth. On the contrary, surge in R&D and advancements in technology is expected to create lucrative opportunities for the market players in the future.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/1525
The global bioabsorbable stents market is segmented on the basis of biomaterial, application, end user, and region. Based on biomaterial, the polymeric stents segment held the lion’s share in 2019, contributing to nearly three-fifths of the market. However, the metallic stents segment is estimated to register the highest CAGR of 6.3% from 2020 to 2027.
On the basis of application, the coronary artery disease segment dominated the market in 2019, accounting for nearly three-fourths of the market. Moreover, the segment is expected to portray the highest CAGR of 6.3% during the forecast period.
Enquiry for Short-term and Long-term Impacts of COVID-19 at: https://www.alliedmarketresearch.com/purchase-enquiry/1525
The global bioabsorbable stents market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2019, accounting for more than two-fifths of the market. However, the market across Asia-Pacific is projected to manifest the highest CAGR of 6.3% during the forecast period.
The global bioabsorbable stents market includes an in-depth analysis of the prime market players such as Arterius Limited, Arterial Remodeling Technologies, Biotronik SE & Co. KG, B. Braun Melsungen AG, the Elixir Medical Corporation, Boston Scientific Corporation, Kyoto Medical Planning Co. Ltd., Microport Scientific Corporation, Terumo Corporation, and Reva Medical.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
CONTACT: Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 email@example.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research