Bioresorbable Coronary Scaffolds Market Analysis

The bioresorbable coronary scaffolds market is segmented by material, by product, by application, by end user and by region. On the basis of end user, the market is segmented into hospitals, medical clinics and others. The hospital segment is anticipated to hold the leading share on account of rising number of elderly patients with heart disorders. Increase in obese population and the rising prevalence of cardio vascular diseases (CVDs) globally along with the high mortality rates among the older population are some of the significant factors boosting the market growth. Based on product type, the market is segmented into drug-eluting, novolimus-eluting, everolimus-eluting and other drug introduction techniques, out of which, the highest stance is estimated to be held by drug-eluting stents. This can be attributed to the ease of operability and easy availability in the market. The market is further segmented by application into Myocardial Infraction, Vascular Bypass and other CVD operations. Among these segments, the utilization of bioresorbable coronary scaffolds in vascular bypass was the largest revenue generating segment in 2019 owing to the prevalence of CVDs and recommended SOP by the medical professionals. The availability of bioresorbable scaffolds for ailments like rheumatic heart disease and other CVDs, knee implants and other joint-related painsisestimated to boost the market growth during the forecasted period. 

Our in-depth analysis of the global market includes the following segments: