Global Biodegradable Stents Market: Snapshot

The demand for biodegradable stents has grown significantly with the development of newer technology that has reduced the risk of thrombosis, dual anti-platelet therapy, in-stent restenosis, and second surgery for removal of the stent. Therefore, the introduction of biodegradable stents with advanced technologies has boosted its demand and have gained larger customer base. Moreover, various cardiologist and patients have shown keen interest for using biodegradable stents for coronary and peripheral artery diseases treatment. These factors are responsible for the significant growth of the biodegradable stents market across the globe. 

The global biodegradable stents market is projected to rise at staggering 30.1% of CAGR during the forecast period between 2016 and 2024. Rising at this growth rate, the market is expected to reach a valuation US$1.7 bn by the end of 2024 progressing from US$0.18 bn calculated in 2015.

biodegradable stents market

Rising Incidence of Cardiovascular Disease to Boost Demand for Biodegradable Stents

The global biodegradable stents market is categorized on the basis of material, stent type, and end user. Based on stent type, the market is bifurcated into peripheral artery stents and coronary artery stents. Of these two, coronary artery stents held the maximum share in 2015. Over the coming years, the demand for coronary artery stents is likely to increase because of rapid growth of deaths due to cardiovascular diseases across the globe. Moreover, rising use of stents and growing preference of cardiologists to perform percutaneous coronary intervention procedures is expected to trigger the demand in the biodegradable stents market.

Based on material type, the global biodegradable stents market is bifurcated into polymer and metal. Moreover, in terms of end-user, the global biodegradable stents market is divided into cardiac catheterization laboratories, hospitals, and ambulatory surgery centers.

Recent Approvals from the U.S.FDA to Boost Biodegradable Stents Market in North America

On the regional front, the report on the global biodegradable stents market is categorized into Latin America, Europe, North America, the Middle East and Africa, and Asia Pacific. Among these regions, Europe held maximum shares in the global market in 2015. During the forecast period, this region is likely to rise at staggering 27.2% CAGR between 2016 and 2024. Moreover, recent approvals from the U.S.FDA is likely to grow the North America biodegradable stents market in the forthcoming years.

On the other hand, the demand for biodegradable stents is likely to grow in Asia Pacific due to uptake of newer technologies. Growing prevalence of hypertension and diabetes in this region is likely to boost the demand for biodegradable stents, as patients suffering from these conditions have high possibility to get cardiovascular diseases. Most importantly quick approvals from regulatory bodies in Asia Pacific is also driving the biodegradable stents market.

In the competitive landscape, the report includes some of the key players operating in the global biodegradable stents market. Boston Scientific, Inc., Abbott Laboratories, Elixir Medical Corporation, Kyoto Medical Planning, Biotronik, Terumo Europe NV, and Sahajanand Medical Technologies are some of the prominent players in the global biodegradable stents market.

The global Biodegradable Stents Market is segmented as follows:

by Stent Type

  • Coronary Artery Stents
  • Peripheral Artery Stents

by Material

  • Polymer Based
  • Metal Based

by End user

  • Hospitals
  • Cardiac Catheterization Laboratories
  • Ambulatory Surgery Centers

 by Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Section 1 Preface 
1.1 Report Scope and Market Segmentation 
1.2 Research Highlights

Section 2 Assumptions and Research Methodology 
2.1 Assumptions
2.2 Research Methodology

Section 3 Executive Summary
3.1 Global Biodegradable Stents: Market Snapshot
3.2 Global Biodegradable Stents Market Outlook, 2015
3.3 Global Biodegradable Stents Market: Opportunity Map

Section 4 Market Overview
4.1 Product Overview
4.2 Global Biodegradable Stents Market: Key Industry Developments
4.3 Global Market Size (US$ Mn) Forecast, 2014–2024

Section 5 Market Dynamics
5.1 Drivers and Restraints Snapshot Analysis
5.2 Drivers
      5.2.1 Rising incidences of coronary and peripheral artery diseases
      5.2.2 Growing Preference of Patients For Minimally Invasive Therapies
      5.2.3 Major Advantages over Non-degradable Drug Eluting Stents
      5.2.4 Various Regulatory Approvals in the recent past
      5.2.5 Increasing number of applications in various disease indications
5.3 Restraints
      5.3.1 Slow Adoption of of this market 
      5.3.2 High Cost of the of this market
5.4 Opportunities
      5.4.1 Drug Filled Stents – The future of Stents 
      5.4.2 Increasing applications of the biodegradable stents – Looking beyond coronary and peripheral artery treatment 
5.5 Porters Analysis

Section 6 Biodegradable Stents Market Analysis, by Stent Type  
6.1 Key Findings
6.2 Introduction
6.3 Global Biodegradable Stents Market Value Share Analysis, by Stent Type  
6.4 Market Forecast, by Stent Type  
6.5 Market Analysis, by Stent Type  
      6.5.1 Coronary Artery Stents
      6.5.2 Peripheral Artery Stents
6.6 Biodegradable Stents Market Attractiveness Analysis, by Stent Type  
6.7 Key Trends

Section 7 Biodegradable Stents Market Analysis, by Material Type  
7.1 Key Findings
7.2 Introduction
7.3 Global Biodegradable Stents Market Value Share Analysis, by Material Type  
7.4 Market Forecast, by Material Type  
7.5 Market Analysis, by Material Type  
      7.5.1 Polymer Based 
      7.5.2 Metal Based 
7.6 Biodegradable Stents Market Attractiveness Analysis, by Material Type  
7.7 Key Trends

Section 8 Biodegradable Stents Market Analysis, by End Users  
8.1 Key Findings
8.2 Introduction
8.3 Global Biodegradable Stents Market Value Share Analysis, by End Users  
8.4 Market Forecast, by End Users  
8.5 Market Analysis, by End Users  
      8.5.1 Hospitals      
      8.5.2 Cardiac Catheterization Laboratories
      8.5.3 Ambulatory Surgery Centers  
8.6 Biodegradable Stents Market Attractiveness Analysis, by End Users  

Section 9 Biodegradable Stents Market Analysis, by Region
9.1 Global Market Snapshot, by Country
9.2 Global Market Value Share Analysis, by Region
9.3 Market Forecast, by Region
9.4 Market Attractiveness Analysis, by Region

Section 10 North America Biodegradable Stents Market Analysis
10.1 Key Findings
10.2 Market Overview
10.3 Market Analysis, by Country
      10.3.1 North America Market Value Share Analysis, by Country
      10.3.2 North America Market Forecast by Country
10.4 Market Analysis, by Stent Type 
      10.4.1 North America Market Value Share Analysis, by Stent Type  
      10.4.2 North America Market Forecast, by Stent Type  
10.5 Market Analysis, by Material Type 
      10.5.1 North America Market Value Share Analysis, by Material Type 
      10.5.2 North America Market Forecast, by Material Type 
10.6 Market Analysis, by End Users 
      10.6.1 North America Market Value Share Analysis, by End Users  
      10.6.2 North America Market Forecast, by End Users  
10.7 North America Market Attractiveness Analysis
      10.7.1 By Stent Type 
      10.7.2 By Material Type 
      10.7.3 By End Users 
10.8 Market Trends

Section 11 Europe Biodegradable Stents Market Analysis
11.1 Key Findings
11.2 Market Overview
11.3 Market Analysis, by Country
      11.3.1 Europe Market Value Share Analysis, by Country
      11.3.2 Europe Market Forecast By Country
11.4 Market Analysis, by Stent Type 
      11.4.1 Europe Market Value Share Analysis, by Stent Type  
      11.4.2 Europe Market Forecast, by Stent Type  
11.5 Market Analysis, by Material Type 
      11.5.1 Europe Market Value Share Analysis, by Material Type 
      11.5.2 Europe Market Forecast, by Material Type 
11.6 Market Analysis, by End Users 
      11.6.1 Europe Market Value Share Analysis, by End Users 
      11.6.2 Europe Market Forecast, by End Users  
11.7 Europe Market Attractiveness Analysis
      11.7.1 By Stent Type 
      11.7.2 By Material Type 
      11.7.3 By End Users 
11.8 Market Trends

Section 12 Asia Pacific Biodegradable Stents Market Analysis
12.1 Key Findings
12.2 Market Overview
12.3 Market Analysis, by Country
      12.3.1 Asia Pacific Market Value Share Analysis, by Country
      12.3.2 Asia Pacific Market Forecast By Country
12.4 Market Analysis, by Stent Type 
      12.4.1 Asia Pacific Market Value Share Analysis, by Stent Type  
      12.4.2 Asia Pacific Market Forecast, by Stent Type  
12.5 Market Analysis, by Material Type 
      12.5.1 Asia Pacific Market Value Share Analysis, by Material Type 
      12.5.2 Asia Pacific Market Forecast, by Material Type 
12.6 Market Analysis, by End Users 
      12.6.1 Asia Pacific Market Value Share Analysis, by End Users 
      12.6.2 Asia Pacific Market Forecast, by End Users  
12.7 Asia Pacific Market Attractiveness Analysis
      12.7.1 By Stent Type 
      12.7.2 By Material Type 
      12.7.3 By End Users 
12.8 Market Trends

Section 13 Latin America Biodegradable Stents Market Analysis
13.1 Key Findings
13.2 Market Overview
13.3 Market Analysis, by Country
      13.3.1 Latin America Market Value Share Analysis, by Country
      13.3.2 Latin America Market Forecast By Country
13.4 Market Analysis, by Stent Type 
      13.4.1 Latin America Market Value Share Analysis, by Stent Type  
      13.4.2 Latin America Market Forecast, by Stent Type  
13.5 Market Analysis, by Material Type 
      13.5.1 Latin America Market Value Share Analysis, by Material Type 
      13.5.2 Latin America Market Forecast, by Material Type 
13.6 Market Analysis, by End Users 
      13.6.1 Latin America Market Value Share Analysis, by End Users 
      13.6.2 Latin America Market Forecast, by End Users  
13.7 Latin America Market Attractiveness Analysis
      13.7.1 By Stent Type 
      13.7.2 By Material Type 
      13.7.3 By End Users 
13.8 Market Trends

Section 14 MEA Biodegradable Stents Market Analysis
14.1 Key Findings
14.2 Market Overview
14.3 Market Analysis, by Country
      14.3.1 MEA Market Value Share Analysis, by Country
      14.3.2 MEA Market Forecast By Country
14.4 Market Analysis, by Stent Type 
      14.4.1 MEA Market Value Share Analysis, by Stent Type  
      14.4.2 MEA Market Forecast, by Stent Type  
14.5 Market Analysis, by Material Type 
      14.5.1 MEA Market Value Share Analysis, by Material Type 
      14.5.2 MEA Market Forecast, by Material Type 
14.6 Market Analysis, by End Users 
      14.6.1 MEA Market Value Share Analysis, by End Users 
      14.6.2 MEA Market Forecast, by End Users  
14.7 MEA Market Attractiveness Analysis
      14.7.1 By Stent Type 
      14.7.2 By Material Type 
      14.7.3 By End Users 
14.8 Market Trends

Section 15 Company Profiles
15.1 Global Biodegradable Stents Market Share Analysis, by Company (2015)
15.2 Competition Matrix
15.3 Company Profiles
      15.3.1 Abbott Laboratories
               15.3.1.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.1.2 Financial Overview
               15.3.1.3 Product Portfolio
               15.3.1.4 SWOT Analysis
               15.3.1.5 Strategic Overview
      15.3.2 Boston Scientific, Inc.
               15.3.2.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.2.2 Financial Overview
               15.3.2.3 Product Portfolio
               15.3.2.4 SWOT Analysis
               15.3.2.5 Strategic Overview
      15.3.3 Biotronik
               15.3.3.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.3.2 Financial Overview
               15.3.3.3 Product Portfolio
               15.3.3.4 SWOT Analysis
               15.3.3.5 Strategic Overview
      15.3.4 Kyoto Medical Corporation 
               15.3.4.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.4.2 Financial Overview
               15.3.4.3 Product Portfolio
               15.3.4.4 SWOT Analysis
               15.3.4.5 Strategic Overview
      15.3.5 Elixir Medical Corporation
               15.3.5.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.5.2 Financial Overview
               15.3.5.3 Product Portfolio
               15.3.5.4 SWOT Analysis
               15.3.5.5 Strategic Overview
      15.3.6 Biosensors International
               15.3.6.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.6.2 Financial Overview
               15.3.6.3 Product Portfolio
               15.3.6.4 SWOT Analysis
               15.3.6.5 Strategic Overview
      15.3.7 Terumo Europe NV
               15.3.7.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.7.2 Financial Overview
               15.3.7.3 Product Portfolio
               15.3.7.4 SWOT Analysis
               15.3.7.5 Strategic Overview
      15.3.8 Ella CS
               15.3.8.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.8.2 Financial Overview
               15.3.8.3 Product Portfolio
               15.3.8.4 SWOT Analysis
               15.3.8.5 Strategic Overview
      15.3.9 Sahajanand Medical Technologies
               15.3.9.1 Company Overview (HQ, Business Segments, Employee Strengths)
               15.3.9.2 Financial Overview
               15.3.9.3 Product Portfolio
               15.3.9.4 SWOT Analysis
               15.3.9.5 Strategic Overview
      15.3.10 Others

List of Tables

Table 01: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 02: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2014–2024
Table 03: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by End Users, 2014–2024
Table 04: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Region, 2014–2024
Table 05: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Country, 2014–2024
Table 06: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 07: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2014–2024
Table 08: North America Market Size (US$ Mn) Forecast, by End Users, 2014–2024
Table 09: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Region, 2014–2024
Table 10: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 11: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Stent Type, 2014–2024
Table 12: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by End Users, 2014–2024
Table 13: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/ Region, 2014–2024
Table 14: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 15: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Stent Type, 2014–2024
Table 16: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by End Users, 2014–2024
Table 17: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Region, 2014–2024
Table 18: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 19: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2014–2024
Table 20: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by End Users, 2014–2024
Table 21: MEA Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/ Region, 2014–2024
Table 22: MEA Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2014–2024
Table 23: MEA Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Stent Type, 2014–2024
Table 24: MEA Biodegradable Stents Market Size (US$ Mn) Forecast, by End Users, 2014–2024

List of Figures

Figure 01: Global Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 02: Global Biodegradable Stents Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 03: Global Coronary Artery Stent Market Revenue (US$ Mn), 2014–2024
Figure 04: Global Peripheral Artery Stent Market Revenue (US$ Mn), 2014–2024
Figure 05: Biodegradable Stents Market Attractiveness Analysis, by Stent Type, 2016–2024
Figure 06: Global Biodegradable Stents Market Value Share Analysis, by Material Type, 2016 and 2024
Figure 07: Global Polymer Based Stent Market Revenue (US$ Mn), 2014–2024
Figure 08: Global Metal Based Stent Market Revenue (US$ Mn), 2014–2024
Figure 09: Biodegradable Stents Market Attractiveness Analysis, by Material Stent Type, 2016–2024 
Figure 10: Global Biodegradable Stents Market Value Share Analysis, by End Users, 2016 and 2024
Figure 11: Global Hospitals Market Revenue (US$ Mn), 2014–2024
Figure 12: Global Cardiac Catheterization Laboratories Market Revenue (US$ Mn), 2014–2024
Figure 13: Global Ambulatory Surgery Centers Market Revenue (US$ Mn), 2014–2024
Figure 14: Biodegradable Stents Market Attractiveness Analysis, by End Users, 2016–2024
Figure 15: Global Biodegradable Stents Market Value Share Analysis, by Region, 2016 and 2024
Figure 16: Global Biodegradable Stents Market Attractiveness Analysis, by Region, 2016–2024
Figure 17: North America Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 18: North America Market Attractiveness Analysis, by Country, 2016–2024
Figure 19: North America Market Value Share Analysis, by Country, 2016 and 2024
Figure 20: North America Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 21: North America Biodegradable Stents Market Value Share Analysis by Material Type, 2016 and 2024
Figure 22: North America Market Value Share Analysis, by End Users, 2016 and 2024
Figure 23: North America Market Attractiveness Analysis, by Stent Type, 2016-2024
Figure 24: North America Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2016-2024
Figure 25: North America Market Attractiveness Analysis, by End Users, 2016-2024
Figure 26: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 27: Europe Market Attractiveness Analysis, by Country/ Region, 2016–2024
Figure 28: Europe Biodegradable Stents Market Value Share Analysis, by Country/Region, 2016 and 2024
Figure 29: Europe Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 30: Europe Biodegradable Stents Market Value Share Analysis, by Material Type, 2016 and 2024
Figure 31: Europe Market Value Share Analysis, by End Users, 2016 and 2024
Figure 32: Europe Biodegradable Stents Market Attractiveness Analysis, by Stent Type, 2016–2024
Figure 33: Europe Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2016–2024
Figure 34: Europe Market Attractiveness Analysis, by End Users, 2016–2024
Figure 35: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 36: Asia PacificMarket Attractiveness Analysis, by Country/Region, 2016–2024
Figure 37: Asia Pacific Biodegradable Stents Market Value Share Analysis, by Country/ Region, 2016 and 2024
Figure 38: Asia Pacific Biodegradable Stents Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 39: Asia Pacific Market Value Share Analysis, by Material Stent Type, 2016 and 2024
Figure 40: Asia Pacific Biodegradable Stents Market Value Share Analysis, by End Users, 2016 and 2024
Figure 41: Asia Pacific Market Attractiveness Analysis, by Stent Type, 2016–2024
Figure 42: Asia Pacific Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2016–2024
Figure 43: Asia Pacific Market Attractiveness Analysis, by End Users, 2016–2024
Figure 44: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 45: Latin America Biodegradable Stents Market Attractiveness Analysis, by Country/Region, 2016–2024
Figure 46: Latin America Biodegradable Stents Market Value Share Analysis, by Country/Region, 2016 and 2024
Figure 47: Latin America Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 48: Latin America Market Value Share Analysis, by Material Type, 2016 and 2024
Figure 49: Latin America Biodegradable Stents Market Value Share Analysis, by End Users, 2016 and 2024
Figure 50: Latin America Market Attractiveness Analysis, by Stent Type, 2016–2024
Figure 51: Latin America Market Attractiveness Analysis, by Material Type, 2016–2024
Figure 52: Latin America Biodegradable Stents Market Attractiveness Analysis, by End Users, 2016–2024
Figure 53: MEA Biodegradable Stents Market Size (US$ Mn) Forecast, 2014–2024
Figure 54: MEA Market Attractiveness Analysis, by Country/ Region, 2016-2024
Figure 55: MEA Market Value Share Analysis, by Country/Region, 2016 and 2024
Figure 56: MEA Biodegradable Stents Market Value Share Analysis, by Stent Type, 2016 and 2024
Figure 57: MEA Market Value Share Analysis, by Material Type, 2016 and 2024
Figure 58: MEA Biodegradable Stents Market Value Share Analysis, by End Users, 2016 and 2024
Figure 59: MEA Market Attractiveness Analysis, by Stent Type, 2016–2024
Figure 60: MEA Market Attractiveness Analysis, by Material Stent Type, 2016-2024
Figure 61: MEA Biodegradable Stents Market Attractiveness Analysis, by End Users, 2016-2024
Figure 62: Global Biodegradable Stents Market Share Analysis, by Company, (2015)

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Biodegradable Stents Market