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Bioabsorbable Stents Market Trends

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Report ID: 3612
Published Date: Sep 19, 2024
Report Format: PDF, PPT

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Bioabsorbable Stents Market Trends

Growth Drivers

Increasing Prevalence of Cardiovascular Diseases (CVDs)
Rising Focus of the Government of Nations to Facilitate Advance Healthcare Infrastructure

Challenges

Lack of Skilled Professionals for Using Stents
Availability of Low-Cost Alternatives

Bioabsorbable Stents Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	9.5%
Base Year Market Size (2023)	USD 432.14 million
Forecast Year Market Size (2036)	USD 1.41 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Bioabsorbable Stents Market Size & Share, Growth Trends 2036

Author Credits: Radhika Pawar

Report ID: 3612
Published Date: Sep 19, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing prevalence of cardiovascular diseases (cvds) and the rising focus of the government of nations to facilitate advance healthcare infrastructure are some of the major factors anticipated to drive the market growth.

The market is anticipated to attain a CAGR of 7.67% over the forecast period, i.e., 2021 â€“ 2030.

The lack of skilled professionals for using stents and the availability of low-cost alternatives are estimated to hamper the market growth.

The market in Europe region is anticipated to garner the largest revenue of USD 252.3 Million by the end of 2030 and display significant business opportunities for market growth.

The major players in the market are Abbott, Elixir Medical Corporation, BIOTRONIK SE & Co KG, Arterius Limited, Boston Scientific Corporation, Meril Life Sciences Pvt. Ltd., and others.

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