| Product Code: ETC11440014 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of bio-absorbable stents to India in 2024 continued to see a high level of concentration, with the top exporting countries being the USA, Switzerland, China, Ireland, and Germany. The Herfindahl-Hirschman Index (HHI) remained at very high levels, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 43.01%, with a growth rate of 26.65% from 2023 to 2024, showcasing the increasing demand and market expansion for bio-absorbable stents in India.

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 India Bio-Absorbable Stents Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bio-Absorbable Stents Market Revenues & Volume, 2021 & 2031F |
3.3 India Bio-Absorbable Stents Market - Industry Life Cycle |
3.4 India Bio-Absorbable Stents Market - Porter's Five Forces |
3.5 India Bio-Absorbable Stents Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Bio-Absorbable Stents Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Bio-Absorbable Stents Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Bio-Absorbable Stents Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Bio-Absorbable Stents Market Revenues & Volume Share, By Benefit, 2021 & 2031F |
4 India Bio-Absorbable Stents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in India |
4.2.2 Growing adoption of minimally invasive surgical procedures |
4.2.3 Technological advancements in bio-absorbable stents manufacturing |
4.3 Market Restraints |
4.3.1 High cost associated with bio-absorbable stents |
4.3.2 Lack of awareness among patients and physicians about bio-absorbable stents |
4.3.3 Stringent regulatory approval process for medical devices in India |
5 India Bio-Absorbable Stents Market Trends |
6 India Bio-Absorbable Stents Market, By Types |
6.1 India Bio-Absorbable Stents Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Bio-Absorbable Stents Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Bio-Absorbable Stents Market Revenues & Volume, By Coronary Stents, 2021 - 2031F |
6.1.4 India Bio-Absorbable Stents Market Revenues & Volume, By Peripheral Stents, 2021 - 2031F |
6.1.5 India Bio-Absorbable Stents Market Revenues & Volume, By Biliary Stents, 2021 - 2031F |
6.2 India Bio-Absorbable Stents Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Bio-Absorbable Stents Market Revenues & Volume, By PLLA, 2021 - 2031F |
6.2.3 India Bio-Absorbable Stents Market Revenues & Volume, By Magnesium Alloy, 2021 - 2031F |
6.2.4 India Bio-Absorbable Stents Market Revenues & Volume, By Polylactic Acid, 2021 - 2031F |
6.3 India Bio-Absorbable Stents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Bio-Absorbable Stents Market Revenues & Volume, By Cardiovascular Disorders, 2021 - 2031F |
6.3.3 India Bio-Absorbable Stents Market Revenues & Volume, By Peripheral Artery Disease, 2021 - 2031F |
6.3.4 India Bio-Absorbable Stents Market Revenues & Volume, By Biliary Obstruction, 2021 - 2031F |
6.4 India Bio-Absorbable Stents Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Bio-Absorbable Stents Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 India Bio-Absorbable Stents Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.4.4 India Bio-Absorbable Stents Market Revenues & Volume, By Specialty Clinics, 2021 - 2031F |
6.5 India Bio-Absorbable Stents Market, By Benefit |
6.5.1 Overview and Analysis |
6.5.2 India Bio-Absorbable Stents Market Revenues & Volume, By Reduced Thrombosis Risk, 2021 - 2031F |
6.5.3 India Bio-Absorbable Stents Market Revenues & Volume, By Enhanced Biocompatibility, 2021 - 2031F |
6.5.4 India Bio-Absorbable Stents Market Revenues & Volume, By Complete Absorption, 2021 - 2031F |
7 India Bio-Absorbable Stents Market Import-Export Trade Statistics |
7.1 India Bio-Absorbable Stents Market Export to Major Countries |
7.2 India Bio-Absorbable Stents Market Imports from Major Countries |
8 India Bio-Absorbable Stents Market Key Performance Indicators |
8.1 Average procedure time for implanting bio-absorbable stents |
8.2 Number of hospitals offering bio-absorbable stent procedures |
8.3 Patient satisfaction rates post bio-absorbable stent implantation |
9 India Bio-Absorbable Stents Market - Opportunity Assessment |
9.1 India Bio-Absorbable Stents Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Bio-Absorbable Stents Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Bio-Absorbable Stents Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Bio-Absorbable Stents Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Bio-Absorbable Stents Market Opportunity Assessment, By Benefit, 2021 & 2031F |
10 India Bio-Absorbable Stents Market - Competitive Landscape |
10.1 India Bio-Absorbable Stents Market Revenue Share, By Companies, 2024 |
10.2 India Bio-Absorbable Stents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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