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