Rise in prevalence of cardiovascular diseases is driving the biodegradable stents market size. Bioresorbable vascular stents are effective means for the treatment of cardiovascular diseases as they can achieve an immediate angiographic result similar to the result of other metal stents.
R&D of fully bioresorbable stents is likely to offer lucrative biodegradable stents market opportunities to vendors. Fully bioresorbable drug-eluting stents may fill the unmet need for a better device in below-the-knee lesions.
Vendors are also offering innovative biodegradable stent materials and designs to decrease the rate of restenosis. These materials can be employed to develop drug-eluting bioresorbable scaffolds that provide all the advantages of metallic drug-eluting stents without a permanent implant.
Biodegradable stent, also called bioresorbable stent, is a stent used to open and widen clogged heart arteries. This tube-like device is manufactured from a material that may dissolve or be absorbed into the body.
Bioresorbable scaffolds are a promising alternative to permanent stents as they address the issue of in-stent restenosis, in which scar tissue forms under the stent, causing a previously opened coronary artery to narrow again.
Naturally-dissolving stents can deliver more drugs to the target site than a thin coating of drugs on metallic stents. Poly-l-lactic acid (PLLA) stents are biodegradable and can deliver drugs locally compared with metallic stents.
These biodegradable coronary stents are widely employed in the treatment of congenital heart disease and other Cardiovascular Diseases (CVDs).
| Attribute | Detail |
|---|---|
| Market Drivers |
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Bioresorbable stents are implanted in the blood vessel to expand it to prevent or alleviate a blockage. These scaffolds are an effective alternative to conventional stents as they stay for a limited period and promote the healing of blood vessels.
Minimally invasive cardiovascular stents can be implanted into impaired vessels to provide mechanical support to the blood vessel wall.
High prevalence of cardiovascular diseases is augmenting the biodegradable stents market revenue. According to the study, ‘Trends in Cardiovascular Disease Mortality Rates and Excess Deaths, 2010-2022’, 10,951,403 CVD deaths occurred from 2010 to 2022 in the U.S.
The national CVD Age-adjusted Mortality Rate (AAMR) increased by 9.3% from 2019 to 2022 to 454.5 per 100,000, which approximated the 2010 rate.
Researchers across the globe are investigating biodegradable polymeric vascular stents. These stents offer clinical potential for cardiovascular disease treatment due to their degradability.
Biodegradable polymeric vascular stents are designed to degrade after vascular healing, leaving regenerated healthy arteries. After the degradation of biodegradable stents, the treated arteries can regain their normal elasticity to expand and contract.
R&D of biodegradable stents is fueling the biodegradable stents market value. Biomaterials used for coronary stents can be metals, ceramics, polymers, and composites. Vendors are investing in 3D printing to achieve the personalized design for biodegradable polymeric stents.
The desired structure can be prepared by adding layer upon layer of biomaterials. The use of 3D printing can accelerate the development of vascular stents, thereby reducing the time to market.
| Attribute | Detail |
|---|---|
| Leading Region | Europe |
According to the latest biodegradable stents market analysis, Europe held largest share in 2023. High prevalence of CVDs is fueling the market dynamics of the region.
Cardiovascular diseases are the leading cause of death in the European Union (EU). According to Eurostat, diseases of the circulatory system are the main cause of death in the EU, responsible for almost one-third (32.7 %) of all deaths in 2020.
According to the latest biodegradable stents industry forecast, the industry in Asia Pacific is likely to grow at a steady pace from 2024 to 2034.
Presence of a favorable regulatory environment is boosting the demand for biodegradable stents in the region. Many foreign healthcare companies are entering the Indian biodegradable stents market landscape with a focus on offering affordable biodegradable stents.
Rise in number of deaths in younger patients and high prevalence of coronary artery disease due to obesity, hypertension, diabetes, tobacco usage, and food habits are augmenting the biodegradable stents market share in Asia Pacific.
Many public and private organizations are promoting awareness about CVDs. These awareness campaigns are primarily focusing on the timely treatment of heart diseases.
Major players operating in the global biodegradable stents market are offering highly effective and advanced solutions for the treatment of heart blockages. These innovative stents provide temporary support to the vessel wall, promoting faster healing and restoring normal physiological function, before gradually dissolving into the bloodstream.
Boston Scientific, Inc., Abbott, Elixir Medical Corporation, KYOTO MEDICAL PLANNING Co., Ltd., Biotronik, Terumo Corporation, Biosensors International Group, ELLA - CS, s.r.o., and SMT are key companies in the biodegradable stents industry.
These companies have been profiled in the biodegradable stents market report based on parameters such as company overview, business strategies, financial overview, product portfolio, and business segments.
| Attribute | Detail |
|---|---|
| Market Size in 2023 | US$ 351.6 Mn |
| Market Forecast (Value) in 2034 | US$ 809.2 Mn |
| Growth Rate (CAGR) | 7.8% |
| Forecast Period | 2024-2034 |
| Historical Data Available for | 2020-2022 |
| Quantitative Units | US$ Mn for Value |
| Market Analysis | It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available Upon Request |
| Pricing | Available Upon Request |
It was valued at US$ 351.6 Mn in 2023
It is projected to grow at a CAGR of 7.8% from 2024 to 2034
Rise in prevalence of cardiovascular diseases and R&D of biodegradable coronary stents
Europe was the dominant region in 2023
Boston Scientific, Inc., Abbott, Elixir Medical Corporation, KYOTO MEDICAL PLANNING Co., Ltd., Biotronik, Terumo Corporation, Biosensors International Group, ELLA - CS, s.r.o., and SMT
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Biodegradable Stents Market
4. Market Overview
4.1. Introduction
4.1.1. Product Definition
4.1.2. Industry Evolution/Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Biodegradable Stents Market Analysis and Forecast, 2020-2034
5. Key Insights
5.1. Pipeline Analysis
5.2. Key Product /Brand Analysis
5.3. Key Mergers & Acquisitions
5.4. COVID-19 Pandemic Impact on Industry
6. Global Biodegradable Stents Market Analysis and Forecast, by Stent Type
6.1. Introduction & Definition
6.2. Key Findings/Developments
6.3. Market Value Forecast, by Stent Type, 2020-2034
6.3.1. Coronary Artery Stents
6.3.2. Peripheral Artery Stents
6.4. Market Attractiveness Analysis, by Stent Type
7. Global Biodegradable Stents Market Analysis and Forecast, by Material Type
7.1. Introduction & Definition
7.2. Key Findings/Developments
7.3. Market Value Forecast, by Material Type, 2020-2034
7.3.1. Polymer-based
7.3.2. Metal-based
7.4. Market Attractiveness Analysis, by Material Type
8. Global Biodegradable Stents Market Analysis and Forecast, by End-user
8.1. Introduction & Definition
8.2. Key Findings/Developments
8.3. Market Value Forecast, by End-user, 2020-2034
8.3.1. Hospitals
8.3.2. Cardiac Catheterization Laboratories
8.3.3. Ambulatory Surgery Centers
8.4. Market Attractiveness Analysis, by End-user
9. Global Biodegradable Stents Market Analysis and Forecast, by Region
9.1. Key Findings
9.2. Market Value Forecast, by Region, 2020-2034
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Market Attractiveness Analysis, by Region
10. North America Biodegradable Stents Market Analysis and Forecast
10.1. Introduction
10.2. Key Findings
10.3. Market Value Forecast, by Stent Type, 2020-2034
10.3.1. Coronary Artery Stents
10.3.2. Peripheral Artery Stents
10.4. Market Value Forecast, by Material Type, 2020-2034
10.4.1. Polymer-based
10.4.2. Metal-based
10.5. Market Value Forecast, by End-user, 2020-2034
10.5.1. Hospitals
10.5.2. Cardiac Catheterization Laboratories
10.5.3. Ambulatory Surgery Centers
10.6. Market Value Forecast, by Country, 2020-2034
10.6.1. U.S.
10.6.2. Canada
10.7. Market Attractiveness Analysis
10.7.1. By Stent Type
10.7.2. By Material Type
10.7.3. By End-user
10.7.4. By Country
11. Europe Biodegradable Stents Market Analysis and Forecast
11.1. Introduction
11.2. Key Findings
11.3. Market Value Forecast, by Stent Type, 2020-2034
11.3.1. Coronary Artery Stents
11.3.2. Peripheral Artery Stents
11.4. Market Value Forecast, by Material Type, 2020-2034
11.4.1. Polymer-based
11.4.2. Metal-based
11.5. Market Value Forecast, by End-user, 2020-2034
11.5.1. Hospitals
11.5.2. Cardiac Catheterization Laboratories
11.5.3. Ambulatory Surgery Centers
11.6. Market Value Forecast, by Country/Sub-region, 2020-2034
11.6.1. Germany
11.6.2. U.K.
11.6.3. France
11.6.4. Italy
11.6.5. Spain
11.6.6. Rest of Europe
11.7. Market Attractiveness Analysis
11.7.1. By Stent Type
11.7.2. By Material Type
11.7.3. By End-user
11.7.4. By Country/Sub-region
12. Asia Pacific Biodegradable Stents Market Analysis and Forecast
12.1. Introduction
12.2. Key Findings
12.3. Market Value Forecast, by Stent Type, 2020-2034
12.3.1. Coronary Artery Stents
12.3.2. Peripheral Artery Stents
12.4. Market Value Forecast, by Material Type, 2020-2034
12.4.1. Polymer-based
12.4.2. Metal-based
12.5. Market Value Forecast, by End-user, 2020-2034
12.5.1. Hospitals
12.5.2. Cardiac Catheterization Laboratories
12.5.3. Ambulatory Surgery Centers
12.6. Market Value Forecast, by Country/Sub-region, 2020-2034
12.6.1. China
12.6.2. Japan
12.6.3. India
12.6.4. Australia & New Zealand
12.6.5. Rest of Asia Pacific
12.7. Market Attractiveness Analysis
12.7.1. By Stent Type
12.7.2. By Material Type
12.7.3. By End-user
12.7.4. By Country/Sub-region
13. Latin America Biodegradable Stents Market Analysis and Forecast
13.1. Introduction
13.2. Key Findings
13.3. Market Value Forecast, by Stent Type, 2020-2034
13.3.1. Coronary Artery Stents
13.3.2. Peripheral Artery Stents
13.4. Market Value Forecast, by Material Type, 2020-2034
13.4.1. Polymer-based
13.4.2. Metal-based
13.5. Market Value Forecast, by End-user, 2020-2034
13.5.1. Hospitals
13.5.2. Cardiac Catheterization Laboratories
13.5.3. Ambulatory Surgery Centers
13.6. Market Value Forecast, by Country/Sub-region, 2020-2034
13.6.1. Brazil
13.6.2. Mexico
13.6.3. Rest of Latin America
13.7. Market Attractiveness Analysis
13.7.1. By Stent Type
13.7.2. By Material Type
13.7.3. By End-user
13.7.4. By Country/Sub-region
14. Middle East & Africa Biodegradable Stents Market Analysis and Forecast
14.1. Introduction
14.2. Key Findings
14.3. Market Value Forecast, by Stent Type, 2020-2034
14.3.1. Coronary Artery Stents
14.3.2. Peripheral Artery Stents
14.4. Market Value Forecast, by Material Type, 2020-2034
14.4.1. Polymer-based
14.4.2. Metal-based
14.5. Market Value Forecast, by End-user, 2020-2034
14.5.1. Hospitals
14.5.2. Cardiac Catheterization Laboratories
14.5.3. Ambulatory Surgery Centers
14.6. Market Value Forecast, by Country/Sub-region, 2020-2034
14.6.1. GCC Countries
14.6.2. South Africa
14.6.3. Rest of Middle East & Africa
14.7. Market Attractiveness Analysis
14.7.1. By Stent Type
14.7.2. By Material Type
14.7.3. By End-user
14.7.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player - Competitive Matrix (by Tier and Size of Companies)
15.2. Market Share Analysis, by Company (2023)
15.3. Company Profiles
15.3.1. Boston Scientific, Inc.
15.3.1.1. Company Overview
15.3.1.2. Product Portfolio
15.3.1.3. SWOT Analysis
15.3.1.4. Financial Overview
15.3.1.5. Strategic Overview
15.3.2. Abbott
15.3.2.1. Company Overview
15.3.2.2. Product Portfolio
15.3.2.3. SWOT Analysis
15.3.2.4. Financial Overview
15.3.2.5. Strategic Overview
15.3.3. Elixir Medical Corporation
15.3.3.1. Company Overview
15.3.3.2. Product Portfolio
15.3.3.3. SWOT Analysis
15.3.3.4. Financial Overview
15.3.3.5. Strategic Overview
15.3.4. KYOTO MEDICAL PLANNING Co., Ltd.
15.3.4.1. Company Overview
15.3.4.2. Product Portfolio
15.3.4.3. SWOT Analysis
15.3.4.4. Financial Overview
15.3.4.5. Strategic Overview
15.3.5. Biotronik
15.3.5.1. Company Overview
15.3.5.2. Product Portfolio
15.3.5.3. SWOT Analysis
15.3.5.4. Financial Overview
15.3.5.5. Strategic Overview
15.3.6. Terumo Corporation
15.3.6.1. Company Overview
15.3.6.2. Product Portfolio
15.3.6.3. SWOT Analysis
15.3.6.4. Financial Overview
15.3.6.5. Strategic Overview
15.3.7. Biosensors International Group
15.3.7.1. Company Overview
15.3.7.2. Product Portfolio
15.3.7.3. SWOT Analysis
15.3.7.4. Financial Overview
15.3.7.5. Strategic Overview
15.3.8. ELLA - CS, s.r.o.
15.3.8.1. Company Overview
15.3.8.2. Product Portfolio
15.3.8.3. SWOT Analysis
15.3.8.4. Financial Overview
15.3.8.5. Strategic Overview
15.3.9. SMT
15.3.9.1. Company Overview
15.3.9.2. Product Portfolio
15.3.9.3. SWOT Analysis
15.3.9.4. Financial Overview
15.3.9.5. Strategic Overview
List of Tables
Table 01: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 02: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 03: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
Table 04: Global Biodegradable Stents Market Size (US$ Mn) Forecast, by Region, 2020-2034
Table 05: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Country, 2020-2034
Table 06: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 07: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 08: North America Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
Table 09: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034
Table 10: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 11: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 12: Europe Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
Table 13: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034
Table 14: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 15: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 16: Asia Pacific Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
Table 17: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034
Table 18: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 19: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 20: Latin America Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
Table 21: Middle East & Africa Biodegradable Stents Market Size (US$ Mn) Forecast, by Country/Sub-region, 2020-2034
Table 22: Middle East & Africa Biodegradable Stents Market Size (US$ Mn) Forecast, by Stent Type, 2020-2034
Table 23: Middle East & Africa Biodegradable Stents Market Size (US$ Mn) Forecast, by Material Type, 2020-2034
Table 24: Middle East & Africa Biodegradable Stents Market Size (US$ Mn) Forecast, by End-user, 2020-2034
List of Figures
Figure 01: Global Biodegradable Stents Market Size (US$ Mn) and Distribution (%), by Region, 2023 and 2034
Figure 02: Global Biodegradable Stents Market Revenue (US$ Mn), by Stent Type, 2023
Figure 03: Global Biodegradable Stents Market Value Share, by Stent Type, 2023
Figure 04: Global Biodegradable Stents Market Revenue (US$ Mn), by Material Type, 2023
Figure 05: Global Biodegradable Stents Market Value Share, by Material Type, 2023
Figure 06: Global Biodegradable Stents Market Revenue (US$ Mn), by End-user, 2023
Figure 07: Global Biodegradable Stents Market Value Share, by End-user, 2023
Figure 08: Global Biodegradable Stents Market Value Share, by Region, 2023
Figure 09: Global Biodegradable Stents Market Value (US$ Mn) Forecast, 2020-2034
Figure 10: Global Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 11: Global Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 12: Global Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 13: Global Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 14: Global Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 15: Global Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
Figure 16: Global Biodegradable Stents Market Value Share Analysis, by Region, 2023 and 2034
Figure 17: Global Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 18: North America Biodegradable Stents Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034
Figure 19: North America Biodegradable Stents Market Attractiveness Analysis, by Country, 2024-2034
Figure 20: North America Biodegradable Stents Market Value Share Analysis, by Country, 2023 and 2034
Figure 21: North America Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 22: North America Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 23: North America Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 24: North America Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 25: North America Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 26: North America Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
Figure 27: Europe Biodegradable Stents Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034
Figure 28: Europe Biodegradable Stents Market Attractiveness Analysis, by Country/Sub-region, 2024-2034
Figure 29: Europe Biodegradable Stents Market Value Share Analysis, by Country/Sub-region, 2023 and 2034
Figure 30: Europe Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 31: Europe Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 32: Europe Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 33: Europe Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 34: Europe Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 35: Europe Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
Figure 36: Asia Pacific Biodegradable Stents Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034
Figure 37: Asia Pacific Biodegradable Stents Market Attractiveness Analysis, by Country/Sub-region, 2024-2034
Figure 38: Asia Pacific Biodegradable Stents Market Value Share Analysis, by Country/Sub-region, 2023 and 2034
Figure 39: Asia Pacific Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 40: Asia Pacific Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 41: Asia Pacific Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 42: Asia Pacific Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 43: Asia Pacific Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 44: Asia Pacific Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
Figure 45: Latin America Biodegradable Stents Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034
Figure 46: Latin America Biodegradable Stents Market Attractiveness Analysis, by Country/Sub-region, 2024-2034
Figure 47: Latin America Biodegradable Stents Market Value Share Analysis, by Country/Sub-region, 2023 and 2034
Figure 48: Latin America Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 49: Latin America Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 50: Latin America Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 51: Latin America Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 52: Latin America Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 53: Latin America Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
Figure 54: Middle East & Africa Biodegradable Stents Market Size (US$ Mn) Forecast and Y-o-Y Growth (%), 2020-2034
Figure 55: Middle East & Africa Biodegradable Stents Market Attractiveness Analysis, by Country/Sub-region, 2024-2034
Figure 56: Middle East & Africa Biodegradable Stents Market Value Share Analysis, by Country/Sub-region, 2023 and 2034
Figure 57: Middle East & Africa Biodegradable Stents Market Value Share Analysis, by Stent Type, 2023 and 2034
Figure 58: Middle East & Africa Biodegradable Stents Market Value Share Analysis, by Material Type, 2023 and 2034
Figure 59: Middle East & Africa Biodegradable Stents Market Value Share Analysis, by End-user, 2023 and 2034
Figure 60: Middle East & Africa Biodegradable Stents Market Attractiveness Analysis, by Region, 2024-2034
Figure 61: Middle East & Africa Biodegradable Stents Market Attractiveness Analysis, by Material Type, 2024-2034
Figure 62: Middle East & Africa Biodegradable Stents Market Attractiveness Analysis, by End-user, 2024-2034
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Biodegradable Stents Market
