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).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.
Global Drug-Eluting Bioabsorbable Stents Market Recent Developments
-
In October 2020, Medtronic plc announced that it had received U.S. FDA approval for the Resolute Onyx, allowing for one-month dual antiplatelet therapy labeling for patients at high bleeding risk under an expanded indication.
-
In February 2020, BIOTRONIK revealed that it had obtained CE Mark certification for its Orsiro Mission drug-eluting stent system, enabling the company to commercialize the device in Europe.
Segment Analysis
The Global Drug-Eluting Bioabsorbable Stents Market is segmented by material, with the primary categories being polymeric materials and metallic materials. Polymeric materials are gaining significant traction due to their ability to be absorbed by the body over time, eliminating the need for permanent stenting. These materials offer flexibility and the potential for better integration with the surrounding tissue, reducing long-term complications. Metallic materials, such as magnesium and iron, are also widely used due to their strength and ability to degrade gradually. The use of bioabsorbable metallic stents combines the benefits of traditional metal stents with the added advantage of absorption, making them an attractive option for coronary artery disease treatment, where long-term implantation risks are a concern.
The market is further segmented by stents, which include bare-metal stents and drug-eluting bioabsorbable stents. Drug-eluting bioabsorbable stents are a growing segment, as they combine the advantages of drug delivery with the resorbable nature of bioabsorbable materials. These stents release medications that help prevent restenosis (re-narrowing of the artery), while the bioabsorbable nature of the stent gradually disappears after serving its purpose, reducing the long-term risk of complications such as thrombosis. Bare-metal stents, although less popular than their drug-eluting counterparts, are still used in some cases where drug-eluting stents are not required. The preference for drug-eluting bioabsorbable stents is increasing as they offer both therapeutic drug release and the benefit of being absorbed by the body over time, leading to fewer long-term concerns.
In terms of application, the market is driven primarily by the treatment of coronary artery disease (CAD), where bioabsorbable stents are used to open blocked coronary arteries. These stents are increasingly preferred for patients with CAD due to their ability to reduce the risk of restenosis without the need for permanent foreign material in the body. Peripheral artery disease (PAD) is another significant application, though less dominant, as bioabsorbable stents are being tested for their efficacy in treating vascular conditions outside the coronary arteries. Geographically, North America holds the largest market share due to high adoption rates of advanced cardiovascular technologies, regulatory support, and a large patient population with cardiovascular diseases. Europe follows closely, with countries like Germany, France, and the UK being key markets for these devices. The Asia Pacific region is expected to witness the fastest growth, driven by increasing healthcare investments, rising cardiovascular disease prevalence, and improving medical infrastructure in countries like China and India.
Global Drug-Eluting Bioabsorbable Stents Segment Analysis
In this report, the Global Drug-Eluting Bioabsorbable Stents Market has been segmented by Material, Stents, Application, and Geography.
Global Drug-Eluting Bioabsorbable Stents Market, By Material
The Global Drug-Eluting Bioabsorbable Stents Market has been segmented by Material into Metallic based drug eluting stents and Polymer based drug eluting stents.
Metallic-based drug-eluting stents, historically prevalent in the market, are typically composed of materials like stainless steel or cobalt-chromium alloy. These stents are known for their durability and mechanical strength, providing robust support to diseased arteries while delivering therapeutic drugs to prevent restenosis. Concerns have arisen regarding the long-term presence of metal in the body and the potential for adverse reactions, leading to the emergence of alternative materials like polymers.
Polymer-based drug-eluting stents represent a newer generation of stent technology designed to address limitations associated with metallic stents. These stents utilize biocompatible polymers that gradually degrade over time, allowing the stent to be absorbed by the body once it has served its purpose. This bioabsorbable property eliminates the long-term presence of a foreign material in the artery, reducing the risk of late complications such as thrombosis and inflammation. Polymer-based stents offer flexibility in drug delivery profiles and may allow for more tailored treatment approaches. While still undergoing refinement and clinical evaluation, polymer-based drug-eluting stents hold promise for improving patient outcomes and reducing the need for long-term antiplatelet therapy.
Global Drug-Eluting Bioabsorbable Stents Market, By Stents
The Global Drug-Eluting Bioabsorbable Stents Market has been segmented by Stents into Coronary Artery Stents, Peripheral Artery Stents, and Non-vascular Stents.
Coronary artery stents represent the largest segment of the market, driven by the high prevalence of coronary artery disease (CAD) and the increasing preference for minimally invasive treatments. Drug-eluting bioabsorbable stents are increasingly used in coronary interventions because they not only provide mechanical support to the coronary arteries but also release drugs to prevent restenosis (re-narrowing of arteries). These stents gradually absorb into the body, which eliminates the need for long-term foreign material presence, making them particularly attractive for long-term cardiovascular health.
Peripheral artery stents are another important segment, although smaller than coronary artery stents. These stents are used to treat peripheral artery disease (PAD), a condition where the peripheral arteries, often in the legs, become narrowed or blocked due to atherosclerosis. Bioabsorbable drug-eluting stents for peripheral arteries offer the advantage of providing temporary support while delivering therapeutic drugs to prevent restenosis. While this segment is growing, it faces challenges such as the more complex vascular anatomy of peripheral arteries and higher procedural risks. However, with increasing rates of PAD and the global aging population, this segment is expected to see growth in demand for bioabsorbable stents that offer better patient outcomes.
The non-vascular stents category is a smaller but emerging segment in the drug-eluting bioabsorbable stents market. These stents are used in applications outside the traditional vascular systems, such as in the biliary ducts, esophagus, and gastrointestinal tract. Non-vascular stents are primarily used to treat conditions such as cancer, where stents are inserted to help maintain the patency of blocked ducts or passages. Bioabsorbable stents in these non-vascular applications offer the advantage of temporary support and eliminate the need for permanent implantation. As medical technology advances and more clinical trials support their effectiveness, the market for non-vascular drug-eluting bioabsorbable stents is expected to expand, especially in the treatment of obstructive conditions in various organ systems.
Global Drug-Eluting Bioabsorbable Stents Market, By Application
The Global Drug-Eluting Bioabsorbable Stents Market has been segmented by Application into Coronary artery diseases and Peripheral artery diseases.
Within the realm of coronary artery diseases, drug-eluting bioabsorbable stents (DES-BRS) have emerged as a groundbreaking solution for the treatment of coronary artery lesions. These stents, coated with drugs to prevent restenosis and promote healing, offer significant advantages over traditional metallic stents. By gradually dissolving over time, they reduce the risk of long-term complications such as in-stent restenosis and thrombosis, while also restoring vessel flexibility and function. This makes DES-BRS particularly suitable for patients with CAD, providing effective revascularization and improving long-term outcomes compared to bare-metal or drug-eluting metallic stents.
In the realm of peripheral artery diseases, the application of drug-eluting bioabsorbable stents represents a promising frontier in endovascular interventions. Peripheral artery diseases encompass a range of vascular conditions affecting arteries outside the heart and brain, typically involving the lower extremities. These conditions can lead to significant morbidity and impaired quality of life, often necessitating interventions such as angioplasty and stenting to restore blood flow and alleviate symptoms. Drug-eluting bioabsorbable stents offer several advantages in this context, including reduced risk of stent fractures, improved vessel healing, and the potential for future interventions without the constraints imposed by permanent metallic implants. By catering to the unique anatomical and physiological challenges of peripheral artery diseases, DES-BRS holds the potential to revolutionize the management of these conditions, offering patients a safer and more effective alternative to conventional stenting techniques.
Global Drug-Eluting Bioabsorbable Stents Market, By Geography
In this report, the Global Drug-Eluting Bioabsorbable Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Drug-Eluting Bioabsorbable Stents Market Share (%), by Geographical Region, 2024
North America, comprising the United States and Canada, stands as a key market player owing to its advanced healthcare infrastructure and high prevalence of cardiovascular diseases. The region witnesses significant investments in research and development, leading to the introduction of innovative bioabsorbable stent technologies. Stringent regulatory frameworks and reimbursement policies in North America contribute to the widespread adoption of these stents, further driving market growth. Europe represents another prominent market for drug-eluting bioabsorbable stents, with countries like Germany, France, and the United Kingdom at the forefront of adoption.
The region benefits from a large patient pool with cardiovascular diseases and a well-established healthcare system conducive to the adoption of advanced medical devices. Collaborations between healthcare institutions, research organizations, and industry players facilitate the development and commercialization of novel stent technologies. The Asia Pacific region demonstrates immense growth potential fueled by increasing healthcare expenditure, rising awareness about cardiovascular health, and improving access to healthcare facilities in countries like China, India, and Japan. The Middle East and Africa, along with Latin America, are also witnessing steady growth in demand for drug-eluting bioabsorbable stents, driven by improving healthcare infrastructure and rising prevalence of cardiovascular diseases in these regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drug-Eluting Bioabsorbable Stents Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing heart disease cases globally
- Better bioabsorbable stent technology
- Demand for less invasive treatments
-
Need for safer stents - The imperative for safer stents underscores a critical aspect of medical device innovation, particularly in the context of cardiovascular care. With cardiovascular diseases remaining a leading cause of mortality worldwide, the development of stents that prioritize patient safety is paramount. Safer stents aim to mitigate the risk of complications such as stent thrombosis, restenosis, and endothelial dysfunction, which can have severe consequences for patients.
By incorporating advanced materials, innovative coatings, and improved drug delivery mechanisms, manufacturers strive to enhance the biocompatibility and hemocompatibility of stents, reducing the likelihood of adverse events and improving patient outcomes. Regulatory bodies play a crucial role in ensuring the safety and efficacy of stents through rigorous evaluation processes and post-market surveillance, fostering trust among healthcare professionals and patients alike in the pursuit of safer interventions.
Restraints
- Concerns about long-term effectiveness
- Limited proof of superiority over traditional stents
-
Challenges in consistent stent performance - Challenges in ensuring consistent stent performance pose significant hurdles for medical device developers and healthcare providers seeking to deliver optimal patient care. Consistency in stent performance is essential to ensure predictable outcomes and long-term effectiveness in treating coronary artery disease and other cardiovascular conditions. Variability in factors such as stent deployment, apposition, and drug elution kinetics can impact clinical efficacy and safety, leading to suboptimal treatment results and potential complications.
Addressing these challenges requires a comprehensive approach that encompasses advanced engineering techniques, robust quality control measures, and rigorous clinical validation. By optimizing stent design, manufacturing processes, and deployment protocols, stakeholders can mitigate variability and enhance the reliability and predictability of stent performance, ultimately improving patient care and clinical outcomes.
Opportunities
- Using in more conditions like peripheral artery disease
- Improving stent durability and drug delivery
- Improving post-market surveillance
-
Considering patient feedback in design - Considering patient feedback in the design of medical devices, particularly stents, is integral to developing solutions that meet the evolving needs and preferences of end-users. Patients play a crucial role in providing insights into their experiences, preferences, and priorities, which can inform product design, usability, and functionality. By engaging patients throughout the design process, manufacturers can gain valuable perspectives on factors such as device comfort, ease of use, and impact on quality of life, thereby enhancing patient satisfaction and adherence to treatment regimens.
Patient-centered design approaches contribute to the development of more intuitive and user-friendly devices, reducing the burden on healthcare professionals and improving overall treatment experiences. Incorporating patient feedback in stent design fosters a collaborative and patient-centric approach to innovation, driving improvements in clinical outcomes and patient care.
Competitive Landscape Analysis
Key players in Global Drug-Eluting Bioabsorbable Stents Market include,
- Medtronic
- B.Braun Melsungen
- Abbott Laboratories
- Boston Scientific Corporation
- Medtronic
- Biosensors International
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 Material
-
Market Snapshot, By Stents
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Drug-Eluting Bioabsorbable Stents Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing heart disease cases globally
- Better bioabsorbable stent technology
- Demand for less invasive treatments
- Need for safer stents
- Restraints
- Concerns about long-term effectiveness
- Limited proof of superiority over traditional stents
- Challenges in consistent stent performance
- Opportunities
- Using in more conditions like peripheral artery disease
- Improving stent durability and drug delivery
- Improving post-market surveillance
- Considering patient feedback in design
- 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 Drug-Eluting Bioabsorbable Stents Market, By Material, 2021 - 2031 (USD Million)
- Metallic based drug eluting stents
- Polymer based drug eluting stents
- Global Drug-Eluting Bioabsorbable Stents Market, By stents, 2021 - 2031 (USD Million)
- Coronary Artery Stents
- Peripheral Artery Stents
- Non-vascular Stents
- Global Drug-Eluting Bioabsorbable Stents Market, By Application, 2021 - 2031 (USD Million)
- Coronary artery diseases
- Peripheral artery diseases
- Global Drug-Eluting 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 (Association of South East Asian Countries)
- 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 Drug-Eluting Bioabsorbable Stents Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Medtronic
- B.Braun Melsungen
- Abbott Laboratories
- Boston Scientific Corporation
- Medtronic
- Biosensors International
- Company Profiles
- Analyst Views
- Future Outlook of the Market