Biodegradable Stents Market

Biodegradable Stents Market (Stent Type - Coronary Artery Stent and Peripheral Artery Stents; Material - Polymer Based and Metal Based; End Users - Hospitals, Cardiac Catheterization Laboratories, and Ambulatory Surgery Centers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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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