Bioresorbable Stent (BRS) Device Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 3.5 Billion by 2033, growing at a CAGR of 12.5% from 2026 to 2033.
The global Bioresorbable Stent (BRS) device market was valued at approximately USD 150 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 25.2% from 2022 to 2030. The market growth is largely driven by increasing demand for minimally invasive procedures, advancements in bioresorbable materials, and the growing prevalence of cardiovascular diseases. The rise in awareness about the benefits of BRS devices, such as improved patient outcomes and reduced risk of long term complications, is further propelling market growth. The market is expected to reach around USD 1.2 billion by 2030, reflecting strong prospects for the adoption of BRS technologies in various medical practices worldwide.
Regionally, North America dominated the BRS device market in 2022, contributing to over 40% of the global market share. This is attributed to the presence of advanced healthcare infrastructure, high healthcare expenditure, and a significant number of coronary artery disease cases in the region. Europe follows closely, with a market share of approximately 30%, driven by the increasing adoption of advanced stent technologies and the presence of key players. The Asia Pacific region is anticipated to witness the fastest growth during the forecast period, owing to the rising geriatric population, increasing healthcare investments, and growing awareness about BRS devices. Latin America and the Middle East & Africa are expected to exhibit moderate growth rates as the awareness of bioresorbable stents continues to increase in these regions.
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Lepu Medical
Biotronik
Abbott
REVA
MeKo
Boston Scientific Corporation
Arterius Limited
Kyoto Medical Planning Co. Ltd
Terumo Corporation
Elixir Medical Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bioresorbable Stent (BRS) Device Market
Bioresorbable Polymer Stents
Bioresorbable Metal Stents
Fully Bioresorbable Stents
Partially Bioresorbable Stents
Coronary Artery Disease
Peripheral Artery Disease
Neurovascular Intervention
Structural Heart Diseases
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Research Facilities
Biodegradable Polymers
Metallic Biomaterials
Composite Materials
Natural Polymers
Direct Sales
Online Sales
Wholesale Distributors
Retail Pharmacies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bioresorbable Stent (BRS) Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bioresorbable Stent (BRS) Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bioresorbable Stent (BRS) Device Market, By Type
6. Global Bioresorbable Stent (BRS) Device Market, By Application
7. Global Bioresorbable Stent (BRS) Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Bioresorbable Stent (BRS) Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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