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Global Biodegradable Stents Market by Type (Polymer Based Bioabsorbable Stents, Metal Based Bioabsorbable Stents), By Application (Coronary Artery Disease, Peripheral Artery Disease) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MDC-421
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 77
  • No. Of Pages: 238
  • Format:
  • Pub. Date: 2021-03-01
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The global biodegradable stents market is expected to grow at a CAGR of 12.2% by 2028 from USD 1,064.6 million in 2018. Growing awareness for the benefits of biodegradable stents over metallic devices, an increasing number of procedures, and a growing geriatric population are some key factors driving the growth of this market. The global biodegradable stents market has been witnessing significant growth, owing to the developments in the healthcare sector. The advancements in medical devices have led to the use of these products for various treatment purposes and this is one of the major factors driving the demand for biodegradable stents globally. 


Biodegradable stents are drug-eluting devices that have an outer support frame and a porous inner body. They release small doses of medication to help prevent future blood vessel blockages in the same way as other types of a heart stents, but then break down over time.

Stents can be made from either metal or polymers. The main difference between them is their degradation properties: biodegradable polymer materials naturally dissolve in bodily fluids after they've been implanted, while metal-based bioabsorbables need to be surgically removed by cardiologists once their job is done. This means that metallic implants will remain intact for many years until it's necessary to remove them; meanwhile, polymer ones should stay put for around a few months.

A growing number of people are looking for better treatment options, including a biodegradable stent that can be absorbed by the body after some time -thus reducing post-procedure costs as well as recovery times. Bioabsorbable represent an alternative to more commonly used devices such as metal or polymer-based permanent ones made out of materials like titanium which would require surgical removal at a later date.



On the basis of Type, the market is segmented divided into Polymer Based Bioabsorbable Stents and Metal Based Bioabsorbable Stents. The North American region has been dominating the global biodegradable stent market owing to a high prevalence rate of cardiovascular diseases in this region such as coronary artery disease (CAD) or peripheral artery disorder (PAD), which leads to growth in demand for these devices across different applications.


Polymer-Based Bioabsorbable Stents:

A polymer-based bioabsorbable stent is a device used to hold open an artery that has been narrowed by atherosclerosis. These devices can be made from various materials such as polylactic acid, elastin, and silicone rubber.

Unlike other types of coronary stents which are sometimes permanent or long-lasting (i.e., metallic), these biodegradable stents degrade over time into the body with no need for removal. They were developed in response to concerns about possible adverse side effects associated with metal-based frames on the arterial wall, especially those containing nickel or chromium metals.


Metal-Based Bioabsorbable Stents:

These implants have been constructed with stainless steel which provides strength while remaining soft so they blend easily into the desired shape before insertion. They also undergo a process called "aging" in order to make them softer still making them easier to insert through tight spaces without damaging surrounding tissues due to the rigid metal.


On the basis of Application, the market is divided into Coronary Artery Disease and Peripheral Artery Disorder.


Coronary Artery Disease:

This is a condition where the arteries that supply blood to the heart become narrowed because of narrowing due to cholesterol plaque or other substances such as calcium deposits which reduce the amount of oxygen-carrying capacity in those channels, limiting blood flow and leading to chest pain (angina) and shortness of breath.


Peripheral Artery Disorder:

These are conditions affecting peripheral arterial vessels which cause them to narrow over time cutting down on nutrients getting delivered into muscles resulting in weakness, cramps, and even numbness. Symptoms may also include claudication where you experience pain when walking for more than half an hour or any fatigue after walking less than one kilometer; intermittent claudications with relief.


On the basis of Region, the market is segmented global market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America market is expected to be the fastest-growing region in terms of revenue owing to increased awareness about biodegradable stents. Europe has witnessed a decline in use due to an increase in awareness regarding metal-based bioabsorbable stents and also due to high prices for polymers.

The Asia Pacific market is the fastest-growing region in terms of revenue, and this trend is predicted to continue until 2028. This growth can be attributed to factors such as increasing awareness among patients about biodegradable stents, low cost of treatments for peripheral artery disorder (PAD), and also due to rising incidents of coronary artery disease across Asia Pacific countries. The RoW region has been witnessing increased usage rates owing to globalization and an increase in awareness about biodegradable stents globally.


Up Market Research published a new report titled “Biodegradable Stents Market research report which is segmented by Types (Polymer Based Bioabsorbable Stents, Metal Based Bioabsorbable Stents), By Applications (Coronary Artery Disease, Peripheral Artery Disease), By Players/Companies Abbott Laboratories, Kyoto Medical Planning, Reva Medical, Elixir Medical Corporation, Amaranth Medical, Terumo Corporation, Arterius Limited, Biotronik, Xenogenics Corporation, Meril Life Sciences Pvt”. 


Report Scope

Report Attributes Report Details
Report Title Biodegradable Stents Market Research Report
By Type Polymer Based Bioabsorbable Stents, Metal Based Bioabsorbable Stents
By Application Coronary Artery Disease, Peripheral Artery Disease
By Companies Abbott Laboratories, Kyoto Medical Planning, Reva Medical, Elixir Medical Corporation, Amaranth Medical, Terumo Corporation, Arterius Limited, Biotronik, Xenogenics Corporation, Meril Life Sciences Pvt
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 238
Number of Tables & Figures 167
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Biodegradable Stents Industry Outlook

Global Biodegradable Stents Market Report Segments:

The market is segmented by Type Polymer Based Bioabsorbable Stents, Metal Based Bioabsorbable Stents and By Application Coronary Artery Disease, Peripheral Artery Disease.


Some of the companies that are profiled in this report are:

  1. Abbott Laboratories
  2. Kyoto Medical Planning
  3. Reva Medical
  4. Elixir Medical Corporation
  5. Amaranth Medical
  6. Terumo Corporation
  7. Arterius Limited
  8. Biotronik, Xenogenics Corporation
  9. Meril Life Sciences Pvt

Biodegradable Stents Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Biodegradable Stents Market

Overview of the regional outlook of the Biodegradable Stents Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Biodegradable Stents Market Overview

Highlights of The Biodegradable Stents Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Biodegradable Stents Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Polymer Based Bioabsorbable Stents

                2. Metal Based Bioabsorbable Stents

       7. By Application:

                1. Coronary Artery Disease

                2. Peripheral Artery Disease

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Biodegradable Stents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Biodegradable Stents Market Statistics

Reasons to Purchase the Biodegradable Stents Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Stents Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Biodegradable Stents Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Biodegradable Stents Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Biodegradable Stents Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Biodegradable Stents Market Size & Forecast, 2018-2028 
      4.5.1 Biodegradable Stents Market Size and Y-o-Y Growth 
      4.5.2 Biodegradable Stents Market Absolute $ Opportunity 

Chapter 5 Global Biodegradable Stents Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Biodegradable Stents Market Size Forecast by Type
      5.2.1 Polymer Based Bioabsorbable Stents
      5.2.2 Metal Based Bioabsorbable Stents
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Biodegradable Stents Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Biodegradable Stents Market Size Forecast by Applications
      6.2.1 Coronary Artery Disease
      6.2.2 Peripheral Artery Disease
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Biodegradable Stents Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Biodegradable Stents Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Biodegradable Stents Analysis and Forecast
   9.1 Introduction
   9.2 North America Biodegradable Stents Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Biodegradable Stents Market Size Forecast by Type
      9.6.1 Polymer Based Bioabsorbable Stents
      9.6.2 Metal Based Bioabsorbable Stents
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Biodegradable Stents Market Size Forecast by Applications
      9.10.1 Coronary Artery Disease
      9.10.2 Peripheral Artery Disease
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Biodegradable Stents Analysis and Forecast
   10.1 Introduction
   10.2 Europe Biodegradable Stents Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Biodegradable Stents Market Size Forecast by Type
      10.6.1 Polymer Based Bioabsorbable Stents
      10.6.2 Metal Based Bioabsorbable Stents
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Biodegradable Stents Market Size Forecast by Applications
      10.10.1 Coronary Artery Disease
      10.10.2 Peripheral Artery Disease
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Biodegradable Stents Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Biodegradable Stents Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Biodegradable Stents Market Size Forecast by Type
      11.6.1 Polymer Based Bioabsorbable Stents
      11.6.2 Metal Based Bioabsorbable Stents
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Biodegradable Stents Market Size Forecast by Applications
      11.10.1 Coronary Artery Disease
      11.10.2 Peripheral Artery Disease
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Biodegradable Stents Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Biodegradable Stents Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Biodegradable Stents Market Size Forecast by Type
      12.6.1 Polymer Based Bioabsorbable Stents
      12.6.2 Metal Based Bioabsorbable Stents
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Biodegradable Stents Market Size Forecast by Applications
      12.10.1 Coronary Artery Disease
      12.10.2 Peripheral Artery Disease
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Biodegradable Stents Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Biodegradable Stents Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Biodegradable Stents Market Size Forecast by Type
      13.6.1 Polymer Based Bioabsorbable Stents
      13.6.2 Metal Based Bioabsorbable Stents
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Biodegradable Stents Market Size Forecast by Applications
      13.10.1 Coronary Artery Disease
      13.10.2 Peripheral Artery Disease
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Biodegradable Stents Market: Competitive Dashboard
   14.2 Global Biodegradable Stents Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Abbott Laboratories
      14.3.2 Kyoto Medical Planning
      14.3.3 Reva Medical
      14.3.4 Elixir Medical Corporation
      14.3.5 Amaranth Medical
      14.3.6 Terumo Corporation
      14.3.7 Arterius Limited
      14.3.8 Biotronik, Xenogenics Corporation
      14.3.9 Meril Life Sciences Pvt
Segments Covered in the Report
The global Biodegradable Stents market has been segmented based on

By Types
  • Polymer Based Bioabsorbable Stents
  • Metal Based Bioabsorbable Stents
By Applications
  • Coronary Artery Disease
  • Peripheral Artery Disease
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Abbott Laboratories
  • Kyoto Medical Planning
  • Reva Medical
  • Elixir Medical Corporation
  • Amaranth Medical
  • Terumo Corporation
  • Arterius Limited
  • Biotronik, Xenogenics Corporation
  • Meril Life Sciences Pvt

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