Product Code: ETC13294864 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Bio-Absorbable Stent Market was valued at USD 1.1 Billion in 2024 and is expected to reach USD 2.1 Billion by 2031, growing at a compound annual growth rate of 6.00% during the forecast period (2025-2031).
The Global Bio-Absorbable Stent Market is experiencing significant growth due to the increasing prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures. Bio-absorbable stents are designed to dissolve over time, eliminating the need for long-term medication and reducing the risk of complications associated with traditional metal stents. Key players in the market are focusing on product development and strategic partnerships to gain a competitive edge. Asia-Pacific is expected to witness the highest growth rate, driven by improving healthcare infrastructure and a growing aging population. However, challenges such as high costs and limited reimbursement policies may hinder market growth in certain regions. Overall, the bio-absorbable stent market is poised for steady expansion in the coming years.
The Global Bio-Absorbable Stent Market is experiencing significant growth due to increasing prevalence of coronary artery diseases and advancements in medical technology. Key trends include the rising adoption of minimally invasive procedures, growing demand for bio-absorbable stents over traditional metallic stents, and expanding research and development activities to enhance the efficacy and safety of these stents. Opportunities in the market lie in emerging economies where healthcare infrastructure is improving, as well as in the development of innovative bio-absorbable materials and technologies. Additionally, partnerships and collaborations between medical device companies and healthcare providers are projected to drive market growth. Overall, the Global Bio-Absorbable Stent Market is poised for further expansion as the focus on personalized medicine and patient-specific treatment options continues to grow.
One of the key challenges faced in the Global Bio-Absorbable Stent Market is the high cost associated with these innovative medical devices. Bio-absorbable stents are typically more expensive than traditional metallic stents, which can limit their accessibility to a wider patient population, especially in developing countries with limited healthcare budgets. Additionally, there are concerns regarding the long-term efficacy and safety of bio-absorbable stents compared to metallic stents, leading to some reluctance among healthcare providers to adopt this technology. Regulatory hurdles and the need for extensive clinical trials to demonstrate the effectiveness of bio-absorbable stents also pose challenges for market growth. Overall, addressing these cost, safety, and regulatory challenges will be crucial for the widespread adoption and success of bio-absorbable stents in the global market.
The Global Bio-Absorbable Stent Market is primarily driven by the increasing prevalence of cardiovascular diseases, growing aging population, and rising demand for minimally invasive procedures. Bio-absorbable stents offer advantages over traditional metallic stents such as reduced risk of late stent thrombosis, elimination of long-term vessel scaffolding, and potential for vessel restoration post-absorption. Additionally, technological advancements in bio-absorbable materials and stent design, along with favorable reimbursement policies for stent procedures, are further propelling market growth. The shift towards personalized medicine and rising healthcare expenditure in emerging economies are also contributing to the expansion of the bio-absorbable stent market globally.
Government policies related to the Global Bio-Absorbable Stent Market primarily focus on regulatory approval processes and standards for ensuring the safety and efficacy of these medical devices. Regulatory bodies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have established guidelines that bio-absorbable stent manufacturers must adhere to in order to bring their products to market. These policies aim to assess the performance, biocompatibility, and long-term effects of bio-absorbable stents on patients, as well as monitor any potential adverse events post-market approval. Additionally, government policies may also include reimbursement mechanisms and coverage decisions by healthcare systems to facilitate patient access to these innovative stents. Compliance with these regulatory frameworks is crucial for companies operating in the Global Bio-Absorbable Stent Market to ensure market success and patient safety.
The Global Bio-Absorbable Stent Market is expected to witness significant growth in the coming years due to the increasing prevalence of cardiovascular diseases, advancements in medical technology, and rising demand for minimally invasive surgical procedures. Bio-absorbable stents offer several advantages over traditional metal stents, such as reduced risk of complications, improved patient outcomes, and the potential for vessel restoration post-absorption. Additionally, the growing focus on personalized medicine and the shift towards value-based healthcare are likely to drive adoption of bio-absorbable stents. However, challenges such as high costs, limited reimbursement policies, and the need for long-term clinical data to demonstrate safety and efficacy may hinder market growth. Overall, the Global Bio-Absorbable Stent Market is poised for expansion, supported by ongoing research and development efforts to enhance product performance and outcomes for patients.
In the Global Bio-Absorbable Stent Market, Asia is projected to exhibit significant growth due to the increasing prevalence of cardiovascular diseases in countries like China and India, coupled with rising healthcare infrastructure investments. North America is expected to dominate the market, driven by advanced healthcare facilities and high adoption rates of innovative medical technologies. Europe is also a key market owing to the presence of major market players and favorable reimbursement policies. In the Middle East and Africa, the market is anticipated to witness steady growth attributed to improving healthcare access and rising awareness about coronary artery diseases. Latin America is poised for growth due to the expanding healthcare sector and increasing focus on improving treatment outcomes for cardiovascular conditions.
Global Bio-Absorbable Stent Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Bio-Absorbable Stent Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Bio-Absorbable Stent Market Revenues & Volume, 2021 & 2031F |
3.3 Global Bio-Absorbable Stent Market - Industry Life Cycle |
3.4 Global Bio-Absorbable Stent Market - Porter's Five Forces |
3.5 Global Bio-Absorbable Stent Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Bio-Absorbable Stent Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Global Bio-Absorbable Stent Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Bio-Absorbable Stent Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Bio-Absorbable Stent Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.10 Global Bio-Absorbable Stent Market Revenues & Volume Share, By Deployment Technique, 2021 & 2031F |
4 Global Bio-Absorbable Stent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Bio-Absorbable Stent Market Trends |
6 Global Bio-Absorbable Stent Market, 2021 - 2031 |
6.1 Global Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Polymer-Based, 2021 - 2031 |
6.1.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By Metal-Based, 2021 - 2031 |
6.1.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Coronary Artery Disease, 2021 - 2031 |
6.2.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By Peripheral Artery Disease, 2021 - 2031 |
6.2.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Biliary Stenosis, 2021 - 2031 |
6.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.3.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By Specialty Clinics, 2021 - 2031 |
6.3.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Research Institutes, 2021 - 2031 |
6.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Drug-Eluting, 2021 - 2031 |
6.4.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By Non-Coated, 2021 - 2031 |
6.4.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Bioactive Coating, 2021 - 2031 |
6.5 Global Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Bio-Absorbable Stent Market, Revenues & Volume, By Minimally Invasive Surgery, 2021 - 2031 |
6.5.3 Global Bio-Absorbable Stent Market, Revenues & Volume, By Robotic-Assisted Surgery, 2021 - 2031 |
6.5.4 Global Bio-Absorbable Stent Market, Revenues & Volume, By Catheter-Based Deployment, 2021 - 2031 |
7 North America Bio-Absorbable Stent Market, Overview & Analysis |
7.1 North America Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
7.2 North America Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
7.4 North America Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
7.7 North America Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
8 Latin America (LATAM) Bio-Absorbable Stent Market, Overview & Analysis |
8.1 Latin America (LATAM) Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
8.4 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
8.7 Latin America (LATAM) Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
9 Asia Bio-Absorbable Stent Market, Overview & Analysis |
9.1 Asia Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
9.4 Asia Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
9.7 Asia Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
10 Africa Bio-Absorbable Stent Market, Overview & Analysis |
10.1 Africa Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
10.4 Africa Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
10.7 Africa Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
11 Europe Bio-Absorbable Stent Market, Overview & Analysis |
11.1 Europe Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
11.4 Europe Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
11.7 Europe Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
12 Middle East Bio-Absorbable Stent Market, Overview & Analysis |
12.1 Middle East Bio-Absorbable Stent Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Bio-Absorbable Stent Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
12.4 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By Coating Type, 2021 - 2031 |
12.7 Middle East Bio-Absorbable Stent Market, Revenues & Volume, By Deployment Technique, 2021 - 2031 |
13 Global Bio-Absorbable Stent Market Key Performance Indicators |
14 Global Bio-Absorbable Stent Market - Export/Import By Countries Assessment |
15 Global Bio-Absorbable Stent Market - Opportunity Assessment |
15.1 Global Bio-Absorbable Stent Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Bio-Absorbable Stent Market Opportunity Assessment, By Material Type, 2021 & 2031F |
15.3 Global Bio-Absorbable Stent Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Bio-Absorbable Stent Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Bio-Absorbable Stent Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
15.6 Global Bio-Absorbable Stent Market Opportunity Assessment, By Deployment Technique, 2021 & 2031F |
16 Global Bio-Absorbable Stent Market - Competitive Landscape |
16.1 Global Bio-Absorbable Stent Market Revenue Share, By Companies, 2024 |
16.2 Global Bio-Absorbable Stent Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |