United States Biodegradable Stents Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.35 Billion by 2030, growing at a CAGR of 10% from 2024 to 2030.
The US Biodegradable Stents Market is witnessing significant growth, driven by a surge in the demand for minimally invasive medical devices. As technology advances, the requirement for biodegradable stents, which naturally dissolve over time, is rapidly increasing in industries such as cardiology, vascular surgery, and orthopedics. These stents offer a promising solution for patients suffering from arterial blockages, providing an alternative to traditional metal stents that often require additional surgeries for removal.
One of the key drivers of the Biodegradable Stents Market is the growing awareness of the advantages of biodegradable materials in medical devices. Unlike their permanent counterparts, biodegradable stents do not leave foreign materials in the body after their intended function is complete, reducing the risk of complications and improving overall patient recovery. Furthermore, the adoption of biodegradable stents is being fueled by advancements in material science, with manufacturers developing more efficient polymers that break down at optimal rates.
The requirement from industries such as healthcare and pharmaceuticals is also increasing due to the benefits these stents offer to patients with cardiovascular diseases, especially those who are at risk of restenosis (re-narrowing of the artery). The rising prevalence of cardiovascular conditions in the US, coupled with the aging population, is significantly driving the demand for innovative medical solutions. Biodegradable stents are particularly popular because they cater to the need for effective treatment without long-term foreign body presence.
Moreover, regulatory authorities are gradually endorsing these stents, given their potential to reduce the risk of post-surgical complications. The US Food and Drug Administration (FDA) has approved a range of biodegradable stents, which has further spurred market growth. Additionally, the increasing adoption of minimally invasive procedures across various specialties is propelling the expansion of the Biodegradable Stents Market.
As the healthcare landscape evolves, more industries are looking toward biodegradable stents as a sustainable and effective solution for their patients. The increased demand, combined with continuous research and development, suggests a robust future for the Biodegradable Stents Market in the United States.
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Abbott Laboratories
Kyoto Medical Planning
Reva Medical
Elixir Medical Corporation
Amaranth Medical
Terumo Corporation
Arterius Limited
Biotronik
Xenogenics Corporation
Meril Life Sciences Pvt
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 US Biodegradable Stents Market
Chitosan
Collagen
Gelatin
Coil-Based Design
Mesh-Based Design
Coronary Artery Disease
Peripheral Artery Disease
Cardiology Departments
Oncology Departments
Manufacturer Websites
Medical Supply Platforms
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 US Biodegradable Stents 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. US Biodegradable Stents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Biodegradable Stents Market, By Type
6. US Biodegradable Stents Market, By Application
7. US Biodegradable Stents Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Biodegradable Stents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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