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Absorbable Heart Stent Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Absorbable Heart Stent Market: By Material (Metallic Stents, Polymer Stents); Absorption Rate (Slow absorption rate, Fast absorption rate); Application (Coronary Artery Disease, Peripheral Artery Disease); End User (Hospitals & Clinics, Cardiovascular Centers, Research Institutes & Organizations, Others); and Region— Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2023–2031

  • Published Date: Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0323378  | Delivery: 2 to 4 Hours

REPORT SCOPE

Report AttributeDetails
Market Size Value in 2022US$ 307.1 Million
Expected Revenue in 2031US$ 822.7 Million
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
CAGR12.02%
Segments coveredBy Material, By Absorption Rate, By Application, By End-User, By Region
Key Companies                                                                                 Abbott Laboratories, Arterial Remodeling Technologies, B. Braun Melsungen AG, Biotronik, Boston Scientific Corporation, Elixir Medical Corporation, Kyoto Medical Planning, Medtronic, Meril Life Sciences Pvt. Ltd, Reva MedicalTerumo Medical Corporation, Lepu Medical Technology Co., Other Prominent Players
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FREQUENTLY ASKED QUESTIONS

The global absorbable heart stent market size was US$ 307.1 million in 2022.

The global absorbable heart stent market is studied from 2018-2031.

Yes, the global absorbable heart stent market report includes COVID-19 impact analysis. 

The global absorbable heart stent market is projected to grow at a CAGR of 12.02% during the forecast period 2023-2031 and is expected to reach a value of USD 822.7 million by the end of 2031. 

Factor such as increasing number of heart disease patients is driving the growth of the global absorbable heart stent market.

The industrial application segment holds highest CAGR in the global absorbable heart stent market during the forecast period.

Asia-Pacific region is growing with the highest CAGR during the forecast period. 

Complexities in manufacturing processes is a major limiting factor for the global absorbable heart stent market growth. 

The US holds the major share in term of revenue in the North America absorbable heart stent market.

Increasing demand for absorbable heart stents provide a lucrative growth opportunity in the global absorbable heart stent market.

Manufacturing material, absorption rate, application, end-user, and region are the different segments in the global absorbable heart stent market.

Abbott Laboratories, Arterial Remodeling Technologies, B. Braun, Melsungen AG, Biotronik, Boston Scientific Corporation, Elixir Medical Corporation, Kyoto Medical Planning, Medtronic, Meril Life Sciences Pvt. Ltd, Reva Medical, Terumo Medical Corporation, Lepu Medical Technology Co., and among others.

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