Precision Business Insights has published a report on the global biodegradable stents market, estimating its value at USD 379.02 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-biodegradable-stents-market
The Biodegradable Stents Market focuses on bioresorbable stents, which are medical devices that open and support blocked arteries while gradually dissolving within the body. These stents are generally utilized in cardiovascular therapies and provide an alternative to permanent metallic stents.
Drivers:
1) Rising Prevalence of Cardiovascular Diseases – The increasing number of patients with heart-related conditions is fueling demand for biodegradable stents.
2) Growing Awareness of Bioabsorbable Stents – Healthcare providers and patients are recognizing the benefits of stents that dissolve over time, minimizing risks.
The global biodegradable stents market segmentation:
1) By Material: Bioresorbable Metallic Stents and Bioresorbable Polymer stents
2) By Absorption: Slow-absorption Stents, Fast-absorption Stents
3) By End User: Hospitals, Diagnostic Centers, and Cardiac Centers
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Regional Overview:
The report also examines the current concerns and their Future Effects on the biodegradable stents market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the biodegradable stents market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Kerry Group Plc, Marfrig Group, BRF S.A., Pilgrims Pride Corporation, Associated British Foods Plc, Cargill Incorporated, Tyson Foods, Inc.
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