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).
Report ID: Rn873093415 Published Date: February, 2025 Updated Date: March, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Absorption Rate
    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
  4. Global Bioabsorbable Stents Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cardiovascular Disease Burden
        2. Advantages Over Metallic Stents
        3. Growing Aging Population
        4. Minimally Invasive Procedures
      2. Restraints
        1. Long-term Clinical Data
        2. Higher Cost Compared to Metallic Stents
        3. Complex Manufacturing Processes
        4. Limited Adoption in Emerging Markets
      3. Opportunities
        1. Advancements in Stent Technology
        2. Expanding Applications Beyond Coronary Arteries
        3. Increasing Adoption in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Bioabsorbable Stents Market, By Product, 2021 - 2031 (USD Million)
      1. Polymer-based Bioabsorbable Stents
      2. Metal-based Bioabsorbable Stents
    2. Global Bioabsorbable Stents Market, By Absorption Rate, 2021 - 2031 (USD Million)
      1. Slow- absorption stents
      2. Fast- absorption stents
    3. Global Bioabsorbable Stents Market, By Applications, 2021 - 2031 (USD Million)
      1. Coronary Artery Diseases
      2. Peripheral Artery Diseases
    4. Global Bioabsorbable Stents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. REVA Medical
      3. Elixir Medical Corporation
      4. Biotronik SE & Co. KG
      5. Amaranth Medical Inc.
  7. Analyst Views
  8. Future Outlook of the Market