Biodegradable Stents Market: By Material, By Absorption, By End User and Region

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Biodegradable Stents Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material (Bioresorbable Metallic Stents and Bioresorbable Polymer stents), By Absorption (Slow-absorption Stents, Fast-absorption Stents), By End User (Hospitals, Diagnostic Centers, and Cardiac Centers) and Region

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Biodegradable Stents Market size was valued at US$ 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).

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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.

Global Biodegradable Stents Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 0.851 billion

Market CAGR

23%

By Material

  • Bioresorbable Metallic Stents
  • Bioresorbable Polymer Based Stents

By Absorption

  • Slow- absorption Stents
  • Fast- absorption Stents

By End User

  • Hospitals
  • Diagnostic Centres
  • Cardiac Centres

By Region

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • The Middle East and Africa

Key Features of the Report

  • The biodegradable stents market 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
 

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Frequently Asked Questions

The global biodegradable stents market size was valued at US$ 0.851 billion in 2023 and is projected to grow at a CAGR of 23% from 2024 to 2030.

Rising pervasiveness of coronary course malady

Europe is the fastest-growing for biodegradable stents market

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

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

 

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 

Key Market Players

  • Kerry Group Plc.
  • Marfrig Group.
  • BRF S.A.
  • Pilgrims Pride Corporation
  • Associated British Foods Plc.
  • Cargill Incorporated
  • Tyson Foods, Inc.

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