Bioresorbable Scaffolds Market Scenario:
Global Bioresorbable Scaffolds Market is expected to grow at a CAGR of 18.9% during forecasted period of 2017-2023. Bioresorbable scaffolds are like stents which are used during cardiovascular surgeries. They are valuable tools used for the treatment of different coronary diseases. According to WHO in 2014, approximately 18 million people died from cardiovascular diseases. Increasing prevalence of cardiovascular diseases, rising diabetic & obese population, and rapid development in technology have boosted this market’s growth. In addition to this, increasing stress, poor diet and lack of exercise have also contributed in the growth of this market. However, availability of alternative therapy may restrain this market’s growth.
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According to WHO (2014), cardiovascular diseases accounted for a majority of deaths globally. Moreover, number of obese population across the globe is rising continuously. In 2014, globally 39% of adults aged 18 years and above were overweight, whereas 13% were obese. Furthermore, rapid development in devices used for the cardiovascular surgeries, rising demand for bioresorbable scaffolds, adoption of desk-bound lifestyle, and government’s support for research and development of better medical devices has fuelled the market’s growth. However, availability of alternative therapies and high cost of the bioresorbable scaffolds may slower the growth of this market.
Bioresorbable Scaffolds Market – Competitive Players:
Some of the key player for the market are Abbott (US), Medtronic (UK), Boston Scientific Corporation (US), Biotronik (Germany), Elixir Medical Corporation (US), REVA Medical, Inc (US), Amaranth Medical, Inc. (US), Kyoto Medical Planning Co. Ltd. (Japan), Xenogenics Corporation (US), B. Braun (Germany), Cardinal Health. (US), Lombard Medical, Inc (UK), Translumina (Germany), MicroPort Scientific Corporation (China) and TERUMO CORPORATION (Japan).
Bioresorbable Scaffolds Market – Segmentations:
The bioresorbable scaffolds market is segmented on the basis of material, types, application and end users. On the basis of material, the market is classified into absorbable magnesium stent (AMS), polymeric scaffold, poly carbonate scaffold and others. On the basis of types, the market is segmented into drug eluting coronary scaffolds, everolimus-eluting device, novolimus-eluting device, sirolimus-eluting device, and paclitaxel-eluting device. On the basis of application, the market is segmented into peripheral vascular intervention, regulation of blood flow and others. On the basis of end users, the market is categorised into hospitals, clinics and others.
Bioresorbable Scaffolds Market – Geographical Overview:
The global bioresorbable scaffolds market is dominated by America, owing to the presence of huge population suffering from cardiovascular diseases, presence of number of leading companies and increasing geriatric population. Moreover, increasing obese and diabetic population, lack of exercise, increasing stress and desk-bound lifestyle have provided a push for the growth of the market. Europe has the second largest market, which is followed by Asia Pacific. Asia Pacific accounts for the fastest growing market, due to rapid development in technology and a huge number of patients suffering from different vascular diseases. The Middle East & Africa accounts the least share in global bioresorbable scaffolds market.
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TOC of Bioresorbable scaffolds Market Research Report- Forecast To 2023:
1 Report Prologue
2 Market Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
5 Market Factor Analysis
List of Tables:
Table 1 Bioresorbable Scaffolds Industry Synopsis, 2017–2023
Table 2 Global Bioresorbable Scaffolds Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Global Bioresorbable Scaffolds Market, By Region, 2017–2023, (USD Million)
Table 4 Global Bioresorbable Scaffolds Market, By Material, 2017–2023, (USD Million)
Table 5 Global Bioresorbable Scaffolds Market, By Type, 2017–2023, (USD Million)
List of Figures:
Figure 1 Research Process
Figure 2 Segmentation For Global Bioresorbable Scaffolds Market
Figure 3 Segmentation Market Dynamics For Bioresorbable Scaffolds Market
Figure 4 Global Bioresorbable Scaffolds Market Share, By Material 2016
Figure 5 Global Bioresorbable Scaffolds Market Share, By Type 2016
Figure 6 Global Bioresorbable Scaffolds Market Share, By Application 2016
Figure 7 Global Bioresorbable Scaffolds Market Share, By End Users, 2016
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