Global Bioabsorbable Stents Market Trends, Size, Forecast - 2018-2023


Posted August 24, 2020 by pooja1919

Stents are defined as a medical devices that are implanted into the blood vessels or other internal ducts for the treatment of blocked vessels or arteries.
 
Stents are defined as a medical devices that are implanted into the blood vessels or other internal ducts for the treatment of blocked vessels or arteries. It is typically made up of metal mesh and remains in the body permanently or until removed via surgical intervention. A biodegradable stents on the other hand is up of biological material and dissolve or absorbed in the body and eliminated the requirement of surgery to remove stents. Bioabsorbable stents are generally made up of metals (such as iron, magnesium and zinc) or polymers. They are widely used in the treatment of coronary artery diseases and peripheral diseases. Increasing prevalence of these diseases are estimated to augment the growth of the market.

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The geriatric population is increasing very rapidly. According to WHO, in the year 2015, the total number of geriatric population across the globe was estimated to be around 900 million, up from 524 million in the year 2010. It is further estimated to reach 1.5 billion by the year 2050. These are the major factors that are indicating the increasing geriatric population across the globe. People aging more than 65 are prone to coronary artery and other chronic disease due to their weak immune system. Coronary artery disease is one of the leading causes of mortality in the US, as per American College of Cardiology Foundation. It has been demonstrated in clinical trial that drug-eluting stents (DES) have reduced in-stent restenosis significantly in contrast to bare-metal stents (BMS). However, the risk of late stent thrombosis after DES implantation remains a major concern. This may result into poor intimal healing. Though acute or threatened arterial closure is prevented by the rigid structure of BMS and DES after percutaneous coronary intervention (PCI), restoration of normal arterial function is very difficult after the procedure. This hinders the growth of the market of bioabsorbable stent and it is expected that the market will go down slowly in the near future.

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Global Bioabsorbable Stents Market segmentation

By polymer type

Poly (l-lactic acid) plla

Tyrosine polycarbonate polymer

Poly(caprolactone) (pcl)

Poly (anhydride ester) salicylic acid

By drugs

Limus based drugs

Paclitaxel

By applications

Coronary artery diseases

Peripheral artery diseases

Others

By end user

Hospitals

Research centers

Cardiac centers

Others

Competitive landscape

Key strategies

Key company analysis

Regional analysis

North america

United states

Canada

Rest of north america

Europe

United kingdom

France

Germany

Italy

Spain

Rest of europe

Asia pacific

India

China

Japan

Rest of the world

Company profiles

Abbott laboratories inc.

Amaranth medical inc.

Arterical remodeling technologies

Arterius limited

Biotronik

Boston scientific

Elixir medical corporation

Icon interventional systems

Johnson and johnson

Kyoto medical planning co.ltd.

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated August 24, 2020