Global Drug-Eluting Bioabsorbable Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Metallic based drug eluting stents, and Polymer based drug eluting stents.

By Stents;

Coronary Artery Stents, Peripheral Artery Stents, and Non-vascular Stents.

By Application;

Coronary artery diseases, and Peripheral artery diseases.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn497332200 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Drug-Eluting Bioabsorbable Stents Market (USD Million), 2021 - 2031

In the year 2024, the Global Drug-Eluting Bioabsorbable Stents Market was valued at USD 548.08 million. The size of this market is expected to increase to USD 901.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.

The Global Drug-Eluting Bioabsorbable Stents Market represents a revolutionary advancement in interventional cardiology, offering a promising solution for patients with coronary artery disease. These stents, designed to gradually dissolve in the body after releasing medication to prevent restenosis, have garnered significant attention and adoption in recent years. The market for drug-eluting bioabsorbable stents is driven by the demand for safer and more effective alternatives to traditional metal stents, which may cause long-term complications such as stent thrombosis and vessel inflammation. This innovative approach addresses the limitations of permanent stents by providing temporary scaffolding to support the artery during the healing process, eventually being absorbed by the body, thereby restoring natural vessel function. As cardiovascular diseases continue to pose a significant global health burden, with coronary artery disease being a leading cause of morbidity and mortality, the market for drug-eluting bioabsorbable stents holds immense potential to revolutionize coronary interventions and improve patient outcomes.

These include reduced risk of late stent thrombosis, elimination of long-term vessel scaffolding, and potential for vessel restoration, leading to improved long-term clinical outcomes and patient quality of life. The market is characterized by intense research and development activities aimed at enhancing stent design, drug delivery mechanisms, and bioabsorption profiles to optimize performance and safety. While challenges such as limited clinical evidence, concerns about stent thrombosis, and higher costs compared to metal stents exist, ongoing advancements in materials science, drug formulation, and procedural techniques are expected to address these issues and drive further market growth. As healthcare systems strive to adopt minimally invasive and patient-centric approaches, the Global Drug-Eluting Bioabsorbable Stents Market is poised to play a pivotal role in reshaping the landscape of coronary interventions and improving cardiovascular care worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Stents

    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Drug-Eluting Bioabsorbable Stents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing heart disease cases globally
        2. Better bioabsorbable stent technology
        3. Demand for less invasive treatments
        4. Need for safer stents
      2. Restraints
        1. Concerns about long-term effectiveness
        2. Limited proof of superiority over traditional stents
        3. Challenges in consistent stent performance
      3. Opportunities
        1. Using in more conditions like peripheral artery disease
        2. Improving stent durability and drug delivery
        3. Improving post-market surveillance
        4. Considering patient feedback in design
    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 Drug-Eluting Bioabsorbable Stents Market, By Material, 2021 - 2031 (USD Million)
      1. Metallic based drug eluting stents
      2. Polymer based drug eluting stents
    2. Global Drug-Eluting Bioabsorbable Stents Market, By stents, 2021 - 2031 (USD Million)
      1. Coronary Artery Stents
      2. Peripheral Artery Stents
      3. Non-vascular Stents
    3. Global Drug-Eluting Bioabsorbable Stents Market, By Application, 2021 - 2031 (USD Million)
      1. Coronary artery diseases
      2. Peripheral artery diseases
    4. Global Drug-Eluting 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 (Association of South East Asian Countries)
        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 Analysis
    1. Company Profiles
      1. Medtronic
      2. B.Braun Melsungen
      3. Abbott Laboratories
      4. Boston Scientific Corporation
      5. Medtronic
      6. Biosensors International
  7. Analyst Views
  8. Future Outlook of the Market