Key Bioabsorbable Stents Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The international bioabsorbable stents market is extremely fusion-based, with Abbott, Boston Scientific, and Medtronic jointly controlling almost 58% of the overall market. These key players have readily invested in polymer innovations, along with AI-powered designs. Meanwhile, regional players such as Lepu Medical and Meril Life Sciences effectively compete through cost-effective solutions. Besides, Germany’s Biotronik is leading in magnesium stents and has captured almost 12% of the market share. Hospital procurement deals as well as emerging market localization are two essential trends that are responsible for positively uplifting the market globally.
Here is a list of key players operating in the global market:
|
Company Name |
Country |
Market Share (2024) |
Industry Focus |
|---|---|---|---|
|
Abbott Laboratories |
U.S. |
22.8% |
Leading developer of Absorb GT1 bioresorbable scaffold |
|
Boston Scientific |
U.S. |
18.6% |
Focus on Synergy Megatron bioabsorbable stents |
|
Medtronic |
U.S. |
15.9% |
Resolute Onyx bioabsorbable polymer technology |
|
Biotronik |
Germany |
10.4% |
Magnesium-based absorbable stents (Magmaris) |
|
Elixir Medical |
U.S. |
8.8% |
DESyne BD novolimus-eluting bioabsorbable stent |
|
REVA Medical |
U.S. |
xx% |
Fantom sirolimus-eluting bioresorbable scaffold |
|
Terumo Corporation |
U.S./EU |
xx% |
Ultimaster bioabsorbable PLLA stents |
|
Meril Life Sciences |
India |
xx% |
MeRes100 bioresorbable stent for emerging markets |
|
Lepu Medical (China) |
China |
xx% |
Bioabsorbable PLLA stents for APAC markets |
|
MicroPort Scientific |
China |
xx% |
Firesorb bioresorbable sirolimus-eluting stent |
|
SMT (Sahajanand Medical) |
India |
xx% |
BioMime sirolimus-eluting bioabsorbable stent |
|
Cardionovum |
Germany |
xx% |
PLLA-based absorbable stents |
|
Balton (Poland) |
Poland |
xx% |
Bioabsorbable magnesium stents |
|
Alvimedica (Turkey) |
Turkey |
xx% |
Bioabsorbable coronary scaffolds |
|
OrbusNeich (Hong Kong) |
Hong Kong |
xx% |
COMBO dual-therapy bioabsorbable stent |
Below are the areas covered for each company in the bioabsorbable stents market: