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Analysis of Bioabsorbable Vascular Stents Market applications and companies’ active in the industry

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Title: Analysis of Bioabsorbable Vascular Stents Market applications and companies’ active in the industry


1
Bioabsorbable Vascular Stents Market growth
outlook with industry review and forecasts
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Bioabsorbable Vascular
Stents Market
  • North America region dominates the global
    bioabsorbable stents market. Technological
    advancements and increased awareness about the
    treatment of coronary ailments in bioabsorbable
    stents support the growth of this market. The
    U.S. represents the largest market for
    bioabsorbable stents however, due to the
    stringent regulatory scenario of the FDA, only
    one product (Abbott Absorb) is available in the
    U.S. However, many products are in the clinical
    pipeline and in the developmental phase, which is
    an indicator of bright future of this market.
  • Europe holds the second largest revenue share.
    Increasing aging population, unhealthy lifestyle
    habits, and the strong healthcare infrastructure
    are the major driving factors. Regions such as
    Germany, France, and the UK are some of the early
    adopters of advanced technology, therefore, the
    adoption of bioabsorbable vascular stents in
    these countries should be high resulting in the
    high growth of this market in coming years.
  • APAC bioabsorbable vascular stents market is
    poised to witness high growth rate in coming
    years. Increasing public awareness about various
    coronary and peripheral artery diseases in the
    region will primarily generate the demand for
    stents.

3
  • Application Analysis of Bioabsorbable Vascular
    Stents Market
  • By application type, the market is segmented into
    coronary and peripheral artery stent. The
    coronary artery stents hold a major market share
    and are expected to continue their dominance in
    the coming years owing to the healthcare
    industrys objective to reduce deaths due to
    cardiovascular diseases. Preferences of
    cardiologists toward coronary intervention
    procedures are expected to make significant
    revenue from this segment during the forecast
    period.
  • The rising incidence of peripheral artery disease
    propels the demand for peripheral stents.
    Escalating geriatric population is another factor
    responsible for the rise in demand for peripheral
    stents. The development of imaging techniques
    improved the surgeries involving the placement of
    peripheral vascular stents and owing to this,
    there will be an anticipated increase in stenting
    procedures. However, high price and low awareness
    of the peripheral stents among the general
    population about peripheral vascular diseases are
    expected to hamper the revenue growth.

4
Competitive Market Share of Bioabsorbable
Vascular Stents Market
  • Saudi Arabia and South Africa dominates the
    Middle East and Africa bioabsorbable vascular
    stents market. Increasing initiatives by the
    public and private sectors in South Africa along
    with the introduction of new stent products will
    fuel the bioabsorbable stents market growth in
    coming years.
  • Some of the key vendors in global bioabsorbable
    stents market are Medtronic, Abbott Laboratories,
    Boston Scientific Corporation, Biosensors
    International Group, Ltd., BIOTRONIK SE Co.,
    KG, Meril Life Sciences Pvt. Ltd., and Kyoto
    Medical Planning Co., Ltd.

5

Browse Full Market Research Report On
Bioabsorbable Vascular Stents Market _at_
https//goo.gl/Zr9jsk Request for an in-depth
table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/16
43 Gaming Console Market
6
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