Global Bioabsorbable Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Polymer-based Bioabsorbable Stents, and Metal-based Bioabsorbable Stents.By Absorption Rate;
Slow- absorption stents, and Fast- absorption stents.By Applications;
Coronary Artery Diseases, and Peripheral Artery Diseases.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Bioabsorbable Stents Market (USD Million), 2021 - 2031
In the year 2024, the Global Bioabsorbable Stents Market was valued at USD 724.34 million. The size of this market is expected to increase to USD 2,362.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.4%.
The global bioabsorbable stents market is at the forefront of cardiovascular innovation, offering a revolutionary approach to coronary artery disease treatment. Bioabsorbable stents represent a significant advancement over traditional metallic stents by gradually dissolving into the body after fulfilling their primary function of supporting narrowed or blocked arteries. This innovative technology aims to overcome limitations associated with permanent stents, such as late stent thrombosis and long-term vessel wall inflammation, offering potential benefits of improved long-term outcomes and reduced complications.
The market for bioabsorbable stents is driven by increasing incidences of cardiovascular diseases globally, driven by sedentary lifestyles, aging populations, and rising prevalence of risk factors such as diabetes and hypertension. These factors contribute to a growing demand for minimally invasive treatment options that can restore blood flow in diseased coronary arteries effectively. Bioabsorbable stents, with their ability to degrade over time and potentially restore natural vessel function, offer a promising solution aligned with the trend towards personalized and precision medicine in cardiology.
Key players in the healthcare industry are investing heavily in research and development to enhance the efficacy and safety profiles of bioabsorbable stents. Innovations focus on optimizing stent design, biocompatibility, and degradation kinetics to ensure reliable mechanical support during the healing process without compromising vessel integrity or function. Clinical trials and regulatory approvals continue to shape the landscape, with ongoing efforts to establish the safety and long-term performance of bioabsorbable stents compared to conventional stents.
Geographically, the market exhibits significant variation based on healthcare infrastructure, regulatory frameworks, and economic factors across regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Each region presents unique opportunities and challenges for market growth, influenced by factors such as reimbursement policies, adoption of advanced medical technologies, and prevalence of cardiovascular diseases.
Global Bioabsorbable Stents Market Recent Developments
- In March 2022, medical device company S3V Vascular Technologies announced plans to establish a stent manufacturing facility with an investment of INR 250 crore at the Telangana Medical Devices Park near Hyderabad
- In February 2022, BIOTRONIK’s Ultrathin Strut Orsiro Coronary Drug-Eluting Stent (DES) set a new clinical benchmark as final 5-year data from the BIOFLOW-V trial confirmed Orsiro DES's superior safety, reinforcing its status as the clinical standard for DES
Segment Analysis
The global bioabsorbable stents market is segmented into polymer-based bioabsorbable stents and metal-based bioabsorbable stents, each offering distinct advantages and catering to specific patient needs. Polymer-based bioabsorbable stents are characterized by their composition of biocompatible polymers that gradually degrade over time within the body. These stents provide temporary scaffolding to support narrowed or blocked arteries, delivering therapeutic agents if necessary, and eventually dissolve completely, leaving behind natural vessel function. Polymer-based stents are favored for their flexibility in design, allowing customization of degradation profiles and drug elution capabilities, which can potentially reduce inflammation and improve healing outcomes compared to metallic counterparts.
On the other hand, metal-based bioabsorbable stents are composed of biodegradable metals such as magnesium alloys. These stents offer robust mechanical support similar to traditional metallic stents but degrade over time through corrosion processes within the body. Metal-based bioabsorbable stents are valued for their high strength-to-weight ratio and ability to maintain vessel patency during the healing process. They are particularly advantageous in scenarios requiring immediate and durable scaffolding for diseased arteries, offering a balance between mechanical support and biodegradability.
Bioabsorbable stents are further categorized based on their absorption rates into slow-absorption stents and fast-absorption stents, each tailored to specific clinical needs and patient characteristics. Slow-absorption stents are designed to degrade gradually over an extended period, typically over one to three years. These stents provide prolonged mechanical support and are suitable for patients with complex coronary artery diseases requiring sustained vessel scaffolding and drug delivery. Slow-absorption stents aim to minimize late lumen loss and maintain vessel patency while allowing sufficient time for arterial healing and remodeling.
In contrast, fast-absorption stents are engineered to degrade more rapidly within months, typically three to six months after implantation. These stents are preferred in cases where temporary support is needed to facilitate early vessel healing and restoration of natural arterial function. Fast-absorption stents are advantageous in reducing long-term risks associated with permanent foreign materials, such as late stent thrombosis and chronic inflammation. They offer flexibility in treatment timelines and may be suitable for patients with less complex coronary lesions or peripheral artery diseases requiring shorter-term mechanical support.
The applications of bioabsorbable stents extend across coronary artery diseases (CAD) and peripheral artery diseases (PAD), addressing specific anatomical and clinical considerations in each context. In CAD, bioabsorbable stents play a pivotal role in restoring blood flow to narrowed coronary arteries affected by atherosclerosis. They provide temporary support to prevent arterial re-narrowing (restenosis) and reduce the risk of complications associated with permanent metallic stents. Bioabsorbable stents in CAD applications focus on improving long-term outcomes by promoting natural vessel healing and reducing the need for prolonged dual antiplatelet therapy.
In PAD, bioabsorbable stents are utilized to treat narrowing or blockages in peripheral arteries outside the heart, such as those in the legs and arms. Peripheral artery diseases often lead to reduced blood flow to extremities, causing symptoms like pain, numbness, and tissue damage. Bioabsorbable stents offer a minimally invasive treatment option to restore arterial patency, relieve symptoms, and improve limb function. They are designed to support peripheral arteries temporarily during the healing process, providing a safer alternative to metallic stents in patients at risk for vascular complications.
Global Bioabsorbable Stents Segment Analysis
In this report, the Global Bioabsorbable Stents Market has been segmented by Product, Absorption Rate, Applications and Geography.
Global Bioabsorbable Stents Market, Segmentation by Product
The Global Bioabsorbable Stents Market has been segmented by Product into Polymer-based Bioabsorbable Stents and Metal-based Bioabsorbable Stents.
Polymer-based bioabsorbable stents are composed of biocompatible polymers that gradually degrade over time within the body. These stents provide temporary scaffolding to support narrowed or blocked arteries, delivering therapeutic agents if necessary, and eventually dissolve completely, leaving behind natural vessel function. One of the primary advantages of polymer-based stents lies in their flexibility in design and degradation profiles. This allows for customization to optimize mechanical support and drug elution properties based on specific patient needs. Polymer-based bioabsorbable stents are particularly valued for their potential to reduce long-term complications associated with permanent metallic implants, such as late stent thrombosis and chronic inflammation. Their biocompatible nature supports arterial healing and remodeling, contributing to improved long-term outcomes in coronary artery disease management.
Metal-based bioabsorbable stents are constructed from biodegradable metals, such as magnesium alloys, that corrode over time within the body. These stents offer robust mechanical support similar to traditional metallic stents but are designed to gradually degrade and be absorbed into the surrounding tissues. Metal-based bioabsorbable stents provide immediate scaffolding to keep arteries open and facilitate blood flow while reducing the long-term risks associated with permanent implants. They are particularly suited for cases requiring durable mechanical support during the healing process, balancing mechanical strength with biodegradability. Metal-based stents are researched for their potential to offer reliable treatment outcomes in complex coronary lesions and peripheral artery diseases, enhancing patient safety and reducing the need for long-term antiplatelet therapy.
Global Bioabsorbable Stents Market, Segmentation by Absorption Rate
The Global Bioabsorbable Stents Market has been segmented by Absorption Rate into Slow- absorption stents and Fast- absorption stents.
Slow-absorption bioabsorbable stents are designed to degrade gradually over an extended period, typically ranging from one to three years after implantation. These stents provide sustained mechanical support to keep arteries open and facilitate blood flow while promoting natural healing processes. Slow-absorption stents are favored for their ability to minimize late lumen loss and reduce the need for long-term antiplatelet therapy, compared to traditional metallic stents. They are suitable for treating complex coronary artery lesions and peripheral artery diseases, where durable mechanical support is essential for optimal clinical outcomes. The gradual degradation allows for gradual tissue integration and remodeling, supporting long-term vessel function restoration.
Fast-absorption bioabsorbable stents degrade more rapidly within months, typically between three to six months after implantation. These stents provide temporary scaffolding to support narrowed or blocked arteries while facilitating early vessel healing and restoration of natural arterial function. Fast-absorption stents are advantageous in reducing the risks associated with long-term foreign body presence, such as late stent thrombosis and chronic inflammation. They offer flexibility in treatment timelines and are suitable for patients with less complex coronary lesions or peripheral artery diseases requiring shorter-term mechanical support. Fast-absorption stents are researched for their potential to improve patient outcomes by promoting quicker arterial healing and reducing the duration of dual antiplatelet therapy, thereby enhancing patient safety and comfort.
Global Bioabsorbable Stents Market, Segmentation by Applications
The Global Bioabsorbable Stents Market has been segmented by Applications into Coronary Artery Diseases and Peripheral Artery Diseases.
Bioabsorbable stents are extensively used in the treatment of coronary artery diseases (CAD), which involve the narrowing or blockage of coronary arteries due to atherosclerosis. CAD is a leading cause of heart attacks and requires interventions to restore blood flow to the heart muscle. Bioabsorbable stents in CAD applications provide temporary scaffolding to keep narrowed arteries open, facilitating blood flow while promoting natural healing processes. These stents gradually dissolve over time, reducing the long-term risks associated with permanent metallic stents, such as late stent thrombosis and vessel re-narrowing (restenosis). They are favored for their ability to support arterial healing and remodeling, potentially reducing the need for prolonged dual antiplatelet therapy compared to metallic stents. Bioabsorbable stents in CAD applications contribute to improved patient outcomes and enhanced quality of life by restoring coronary artery function and reducing the incidence of cardiovascular events.
Peripheral artery diseases (PAD) involve narrowing or blockages in arteries outside the heart, typically affecting arteries supplying blood to the legs, arms, and other peripheral areas of the body. PAD often leads to symptoms such as leg pain, numbness, and impaired wound healing. Bioabsorbable stents are increasingly used in PAD applications to restore blood flow, alleviate symptoms, and improve limb function. These stents provide temporary support to keep peripheral arteries open, facilitating circulation while supporting arterial healing. Bioabsorbable stents in PAD applications offer a minimally invasive treatment option to bypass or angioplasty procedures, reducing the need for surgical interventions and enhancing patient recovery. They are researched for their potential to reduce complications associated with permanent metallic implants and support long-term vascular health in patients with peripheral artery diseases.
Global Bioabsorbable Stents Market, Segmentation by Geography
In this report, the Global Bioabsorbable Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Bioabsorbable Stents Market Share (%), by Geographical Region, 2024
North America holds a significant share in the global bioabsorbable stents market, attributed to advanced healthcare infrastructure, high healthcare expenditure, and strong adoption of innovative medical technologies. The region benefits from extensive research and development activities, clinical trials, and regulatory approvals, driving the market growth for bioabsorbable stents. Favorable reimbursement policies and rising prevalence of cardiovascular diseases, such as coronary artery disease (CAD), contribute to the market expansion in North America.
Europe is a prominent market for bioabsorbable stents, characterized by well-established healthcare systems, supportive regulatory environments, and increasing investments in healthcare research. Countries in Europe witness robust adoption of bioabsorbable stents due to initiatives promoting minimally invasive cardiovascular procedures and efforts to reduce healthcare costs associated with long-term complications of permanent stents. Technological advancements and collaborations among key market players further propel market growth in the region.
Asia-Pacific represents a rapidly growing market for bioabsorbable stents, driven by the increasing prevalence of cardiovascular diseases, aging population, and improving healthcare infrastructure. Countries such as China, India, and Japan are witnessing significant investments in healthcare and cardiovascular interventions, fueling the demand for bioabsorbable stents. Rising healthcare expenditure, growing awareness about advanced treatment options, and government initiatives to enhance healthcare access contribute to the market expansion in the Asia-Pacific region.
Latin America exhibits emerging opportunities in the bioabsorbable stents market, supported by improving healthcare infrastructure, rising disposable incomes, and increasing adoption of advanced medical technologies. The region experiences a growing burden of cardiovascular diseases, creating demand for innovative stent technologies that offer improved patient outcomes and reduced long-term complications. Government healthcare reforms and expanding access to healthcare services further drive market growth in Latin America.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bioabsorbable Stents Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Cardiovascular Disease Burden
- Advantages Over Metallic Stents
- Growing Aging Population
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Minimally Invasive Procedures - Minimally invasive procedures have revolutionized medical practices across various specialties, offering patients less traumatic alternatives to traditional surgical interventions. In the context of cardiovascular medicine, these procedures have particularly transformed the treatment landscape, providing effective solutions with reduced recovery times and lower risks compared to open surgeries.
One of the hallmark applications of minimally invasive procedures in cardiology is the deployment of stents, including bioabsorbable stents, to treat coronary artery disease (CAD) and peripheral artery disease (PAD). These procedures involve inserting a catheter through a small incision in the skin, often in the groin or wrist, and threading it through blood vessels to the site of the blockage. Once in position, the stent is expanded to open the artery and restore blood flow, providing immediate relief and reducing symptoms associated with reduced blood circulation.
The benefits of minimally invasive stent procedures are manifold. First and foremost, they minimize trauma to the body compared to traditional open-heart surgeries, leading to shorter hospital stays and quicker recovery times. Patients typically experience less pain and have lower risks of infection, bleeding, and other complications commonly associated with invasive surgeries. Moreover, these procedures often do not require general anesthesia, further reducing risks for patients, particularly those with underlying health conditions.
Restraints:
- Long-term Clinical Data
- Higher Cost Compared to Metallic Stents
- Complex Manufacturing Processes
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Limited Adoption in Emerging Markets - Limited adoption of advanced medical technologies, such as bioabsorbable stents, in emerging markets presents several challenges and barriers that impact their uptake and implementation.
Emerging markets often face challenges related to inadequate healthcare infrastructure, including limited access to specialized medical facilities and trained healthcare professionals capable of performing complex procedures like stent implantation.
Economic constraints in emerging markets may hinder the adoption of expensive medical technologies like bioabsorbable stents. High costs associated with these innovative devices, including procurement, installation of necessary equipment, and ongoing maintenance, pose financial challenges for healthcare systems and patients alike.
Stringent regulatory requirements and lengthy approval processes can delay the introduction of new medical technologies in emerging markets. Limited regulatory frameworks may also contribute to uncertainties regarding the safety, efficacy, and long-term outcomes of bioabsorbable stents.
Addressing these challenges requires collaborative efforts from healthcare stakeholders, including governments, regulatory bodies, healthcare providers, industry partners, and patient advocacy groups. Strategies such as improving healthcare infrastructure, facilitating technology transfer, enhancing regulatory harmonization, promoting education and awareness, developing tailored reimbursement policies, and expanding market access can help overcome barriers and facilitate broader adoption of bioabsorbable stents in emerging markets. By addressing these factors comprehensively, the potential benefits of advanced medical technologies can be realized more effectively, improving patient outcomes and advancing healthcare delivery globally.
Opportunities:
- Advancements in Stent Technology
- Expanding Applications Beyond Coronary Arteries
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Increasing Adoption in Emerging Markets - Increasing adoption of bioabsorbable stents in emerging markets involves overcoming several challenges while leveraging opportunities unique to these regions. Here are key strategies and factors driving the growth of adoption in emerging markets:
Investment in Facilities: Increasing investments in healthcare infrastructure, including hospitals and specialized cardiac care centers, improves access to advanced medical technologies like bioabsorbable stents.
Training and Education: Comprehensive training programs for healthcare professionals enhance their skills in performing minimally invasive procedures and using innovative medical devices.
Affordable Pricing Strategies: Implementing competitive pricing strategies and partnerships with local manufacturers or distributors can lower costs and improve affordability of bioabsorbable stents.
Healthcare Financing: Introducing or expanding healthcare financing options, such as insurance coverage or government subsidies, helps make advanced medical treatments more accessible to patients.
Streamlined Regulatory Processes: Improving regulatory frameworks and expediting approval processes for new medical technologies facilitate timely market entry of bioabsorbable stents.
Alignment with International Standards: Aligning regulatory standards with international norms and guidelines enhances confidence in the safety and efficacy of bioabsorbable stents among healthcare providers and patients.
Promotional Campaigns: Conducting targeted awareness campaigns and educational initiatives to educate healthcare professionals, patients, and communities about the benefits and availability of bioabsorbable stents.
Clinical Evidence: Sharing clinical data and real-world evidence demonstrating the effectiveness and safety of bioabsorbable stents builds trust and encourages adoption.
Competitive Landscape Analysis
Key players in Global Bioabsorbable Stents Market include:
- Abbott Laboratories
- REVA Medical
- Elixir Medical Corporation
- Biotronik SE & Co. KG
- Amaranth Medical Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Absorption Rate
- Market Snapshot, By Applications
- Market Snapshot, By Region
- Global Bioabsorbable Stents Market Trends
- Drivers, Restraints and Opportunities
- Drivers
- Cardiovascular Disease Burden
- Advantages Over Metallic Stents
- Growing Aging Population
- Minimally Invasive Procedures
- Restraints
- Long-term Clinical Data
- Higher Cost Compared to Metallic Stents
- Complex Manufacturing Processes
- Limited Adoption in Emerging Markets
- Opportunities
- Advancements in Stent Technology
- Expanding Applications Beyond Coronary Arteries
- Increasing Adoption in Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
-
Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Bioabsorbable Stents Market, By Product, 2021 - 2031 (USD Million)
- Polymer-based Bioabsorbable Stents
- Metal-based Bioabsorbable Stents
- Global Bioabsorbable Stents Market, By Absorption Rate, 2021 - 2031 (USD Million)
- Slow- absorption stents
- Fast- absorption stents
- Global Bioabsorbable Stents Market, By Applications, 2021 - 2031 (USD Million)
- Coronary Artery Diseases
- Peripheral Artery Diseases
- Global Bioabsorbable Stents Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia/New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Bioabsorbable Stents Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott Laboratories
- REVA Medical
- Elixir Medical Corporation
- Biotronik SE & Co. KG
- Amaranth Medical Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market