Global Bioresorbable Coronary Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Brand;
Absorb BVS, Absorb 2nd Generation, Magmaris, Magnitude, MeRes-100, and DESolve.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Bioresorbable Coronary Stents Market (USD Million), 2021 - 2031
In the year 2024, the Global Bioresorbable Coronary Stents Market was valued at USD 10,508.97 million. The size of this market is expected to increase to USD 19,458.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.2%.
The global bioresorbable coronary stents market stands at the forefront of medical innovation, representing a transformative approach in the treatment of coronary artery disease. These advanced stents offer a promising alternative to traditional metal stents by gradually dissolving within the body after fulfilling their purpose of scaffold support. With the rising prevalence of cardiovascular diseases worldwide and the continuous pursuit of more effective and patient-friendly treatments, the market for bioresorbable coronary stents is poised for significant growth.
Driving factors behind the expanding adoption of bioresorbable coronary stents is their ability to address limitations associated with permanent metallic stents. Unlike metal stents, which remain in the body indefinitely and may lead to long-term complications such as late stent thrombosis and vessel inflammation, bioresorbable stents gradually degrade over time, allowing the vessel to regain its natural function. This characteristic not only reduces the risk of complications but also offers the potential for improved long-term clinical outcomes and enhanced patient quality of life.
Technological advancements and ongoing research efforts continue to refine the design and performance of bioresorbable coronary stents, fueling further market growth and innovation. From innovative materials with enhanced mechanical properties to advanced drug-eluting coatings aimed at preventing restenosis, manufacturers are constantly striving to enhance the efficacy and safety profile of these devices. As regulatory approvals expand and clinical evidence supporting their benefits accumulates, bioresorbable coronary stents are poised to revolutionize the landscape of interventional cardiology, offering patients a promising pathway towards improved cardiac care.
Global Bioresorbable Coronary Stents Market Recent Developments
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In August 2022, PGIMER executed the first-ever robotically-assisted biodegradable stent implantation. These newer bioresorbable stents with thinner struts, which have been developed in India, dissolve in the body post three years, leaving the natural artery as it is.
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In September 2020, Abbott Laboratories commenced the launch of the LIFE-BTK clinical trial to assess the Espirit below-the-knee drug-eluting resorbable scaffold. The firm reported that this is its first trial in the United States to examine an entirely resorbable device to cure blocked arteries critical limb ischemia (CLI) and below the knees in patients suffering from severe stages of peripheral artery disease (PAD).
Segment Analysis
In the dynamic landscape of the global bioresorbable coronary stents market, several prominent brands have emerged, each offering unique features and benefits to patients and healthcare providers. Among these brands, Absorb BVS (Bioresorbable Vascular Scaffold) pioneered the concept of bioresorbable stents, representing a significant advancement in interventional cardiology. Building upon its success, Absorb 2nd Generation stents have further refined the technology, incorporating improvements in design and material composition to enhance safety and efficacy.
Magmaris and Magnitude are additional brands making notable contributions to the bioresorbable coronary stents market. Magmaris stents, developed with a magnesium alloy, offer distinct advantages such as radiopacity and rapid endothelialization, contributing to faster vessel healing and reduced risk of adverse events. Similarly, Magnitude stents employ innovative materials and design principles to provide optimal scaffolding support while facilitating natural vessel healing processes. These brands exemplify the ongoing innovation and diversity within the bioresorbable stent market, catering to the evolving needs of patients and clinicians.
MeRes-100 and DESolve are also noteworthy segments within the global bioresorbable coronary stents market. MeRes-100 stents, featuring a unique poly-l-lactic acid (PLLA) scaffold, offer exceptional mechanical properties and controlled degradation kinetics, ensuring reliable performance and long-term vessel restoration. On the other hand, DESolve stents integrate drug-eluting technology with bioresorbable scaffolds, providing targeted drug delivery to inhibit restenosis while enabling complete stent resorption over time. These brands showcase the intersection of drug delivery systems and bioresorbable scaffolds, promising further advancements in the treatment of coronary artery disease and reinforcing the market's trajectory towards personalized and patient-centric care.
Global Bioresorbable Coronary Stents Segment Analysis
In this report, the Global Bioresorbable Coronary Stents Market has been segmented by Brand and Geography.
Global Bioresorbable Coronary Stents Market, Segmentation by Brand
The Global Bioresorbable Coronary Stents Market has been segmented by Brand into Absorb BVS, Absorb 2nd Generation, Magmaris, Magnitude, MeRes-100, and DESolve.
The bioresorbable coronary stents market is characterized by a diverse range of brands, each offering unique features and capabilities to address the complex needs of patients with coronary artery disease. Among the prominent players in this market are Absorb BVS, Absorb 2nd Generation, Magmaris, Magnitude, MeRes-100, and DESolve. These brands represent the forefront of innovation in bioresorbable stent technology, aiming to provide clinicians with effective tools for coronary artery intervention while minimizing long-term complications associated with permanent metallic stents.
Absorb BVS and Absorb 2nd Generation, developed by leading medical device companies, have been pivotal in driving the initial adoption of bioresorbable stents. These brands leverage advanced materials and drug-eluting technologies to provide optimal vessel support and drug release, promoting healing while gradually dissolving within the body. Similarly, Magmaris, Magnitude, and DESolve offer alternative solutions with their own unique design features and mechanisms of action, catering to the diverse needs of clinicians and patients worldwide.
MeRes-100 represents another notable player in the bioresorbable coronary stents market, distinguished by its innovative thin-strut design and biodegradable polymer coating. This brand exemplifies the ongoing pursuit of enhanced safety and efficacy in bioresorbable stent technology, aiming to further reduce the risk of complications and improve patient outcomes. As these brands continue to evolve and gain traction in the global market, they collectively contribute to the advancement of interventional cardiology, offering a promising future for patients with coronary artery disease.
Global Bioresorbable Coronary Stents Market, Segmentation by Geography
In this report, the Global Bioresorbable Coronary Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Bioresorbable Coronary Stents Market Share (%), by Geographical Region, 2024
North America stands as a key market for bioresorbable coronary stents, driven by a strong emphasis on technological advancement and a high prevalence of cardiovascular diseases. With well-established healthcare infrastructure and a robust regulatory framework, North America is witnessing increasing adoption of advanced bioresorbable stents, supported by favorable reimbursement policies and growing awareness among healthcare professionals and patients alike.
In Europe, the market for bioresorbable coronary stents is characterized by a diverse landscape of regulatory environments and healthcare systems across various countries. While some European nations have embraced these innovative devices more readily, others exhibit a more cautious approach, emphasizing the importance of robust clinical evidence and long-term safety profiles. Nevertheless, Europe remains a significant market for bioresorbable stents, fueled by ongoing clinical trials, collaborations between industry stakeholders, and a strong commitment to improving patient outcomes through cutting-edge medical technology.
The Asia Pacific region presents a rapidly evolving landscape for bioresorbable coronary stents, driven by a burgeoning patient population, increasing healthcare expenditure, and a growing focus on preventive cardiology. Countries such as China, India, and Japan are witnessing a surge in the prevalence of cardiovascular diseases, creating a pressing need for advanced treatment options such as bioresorbable stents. However, market penetration in the Asia Pacific region is also influenced by factors such as pricing pressures, regulatory hurdles, and varying levels of healthcare infrastructure. As manufacturers navigate these complexities and forge strategic partnerships with local stakeholders, the Asia Pacific bioresorbable coronary stents market holds immense potential for growth and innovation in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bioresorbable Coronary Stents Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- High disease prevalence in young adults
- High Elective PCI Volume
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Reduced Long-Term Complications - In the dynamic landscape of the global bioresorbable coronary stents market, the potential to mitigate long-term complications associated with permanent metallic stents stands as a primary driver of adoption. Bioresorbable stents offer a revolutionary approach by gradually dissolving within the body over time, alleviating the need for a lifelong presence of foreign materials in the artery. This unique characteristic holds significant promise in reducing the risk of late stent thrombosis, inflammation, and restenosis, which are common concerns with permanent metallic stents. As a result, patients treated with bioresorbable stents may experience improved long-term outcomes and enhanced safety profiles, marking a significant advancement in interventional cardiology.
The gradual dissolution of bioresorbable stents addresses a critical unmet need in coronary artery intervention, particularly for patients requiring long-term vessel health preservation. By eliminating the permanent presence of metallic scaffolds, these innovative devices contribute to the restoration of natural vessel function and physiology. This not only enhances patient comfort and quality of life but also reduces the likelihood of complications associated with permanent implants. As clinicians increasingly recognize the benefits of bioresorbable stents in improving patient outcomes and minimizing long-term risks, the market continues to witness growing adoption and acceptance worldwide.
The ability of bioresorbable coronary stents to promote vascular healing and endothelial function underscores their potential as a transformative solution in the management of cardiovascular diseases. Beyond merely providing mechanical support, these stents facilitate the natural healing process within the artery, promoting tissue regeneration and minimizing adverse vascular responses. This holistic approach to coronary artery intervention aligns with the broader goal of personalized medicine and patient-centric care, driving further interest and investment in bioresorbable stent technology. As research and development efforts continue to advance, bioresorbable coronary stents are poised to play a central role in reshaping the standard of care for patients with coronary artery disease, offering a pathway to improved clinical outcomes and enhanced patient well-being.
Restraints:
- Slow pace of the market
- Lack of adequate clinical trial results
- Low comparability of bioresorbable coronary stents to DES
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Cost Considerations and Reimbursement Challenges - In the evolving landscape of the global bioresorbable coronary stents market, cost considerations emerge as a significant restraint on widespread adoption, particularly in regions with limited healthcare budgets or reimbursement constraints. Compared to traditional metallic stents, bioresorbable stents typically command a higher price point, reflecting the costs associated with innovative materials, advanced manufacturing processes, and research and development investments. This higher upfront cost presents a financial barrier for healthcare providers, who must navigate budgetary constraints while striving to deliver high-quality care to their patients. In resource-constrained settings, where healthcare resources are already stretched thin, the affordability of bioresorbable stents becomes a critical consideration that may influence treatment decisions and adoption rates.
The complex landscape of reimbursement policies and coverage decisions adds another layer of uncertainty for manufacturers and healthcare providers evaluating the financial viability of bioresorbable stent procedures. Reimbursement rates vary across different healthcare systems and payers, making it challenging to predict the level of financial support available for bioresorbable stent interventions. In some instances, reimbursement may not adequately cover the higher cost of bioresorbable stents, leaving providers to absorb the difference or pass it on to patients. This uncertainty surrounding reimbursement creates hesitation among healthcare stakeholders, slowing the pace of adoption and market penetration for bioresorbable coronary stents.
As manufacturers and healthcare providers navigate these cost-related challenges, efforts to demonstrate the long-term clinical and economic value of bioresorbable coronary stents become increasingly important. Strategies to optimize pricing, streamline manufacturing processes, and engage in dialogue with payers to align reimbursement policies with clinical outcomes may help overcome barriers to adoption. Additionally, investments in health economics research and real-world evidence generation can provide valuable insights into the cost-effectiveness of bioresorbable stent interventions, helping to build a compelling case for their integration into standard treatment protocols. Ultimately, addressing cost considerations is essential to unlocking the full potential of bioresorbable coronary stents and ensuring equitable access to innovative cardiovascular care worldwide.
Opportunities:
- Expanding Patient Pool
- Aging Population
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Focus on Personalized Medicine and Precision Intervention - In the dynamic landscape of the global bioresorbable coronary stents market, the increasing prevalence of cardiovascular diseases, coupled with an aging population worldwide, creates a compelling demand for innovative treatment options. As life expectancy rises and lifestyle factors contribute to the growing burden of coronary artery disease (CAD), there is an urgent need for effective interventions that address the complexities of this widespread condition. Bioresorbable coronary stents offer a promising solution by providing mechanical support to diseased arteries while gradually dissolving within the body, thereby reducing long-term complications associated with permanent metallic stents. This innovative approach aligns with the evolving needs of patients and clinicians alike, driving demand for bioresorbable stents as a preferred treatment modality for CAD.
The escalating prevalence of cardiovascular diseases is particularly pronounced in emerging economies undergoing rapid urbanization and lifestyle transitions. As sedentary lifestyles, unhealthy dietary habits, and other risk factors become more prevalent in these regions, the incidence of CAD is on the rise, contributing to a significant increase in the patient pool. In response to this demographic shift, healthcare systems are seeking cost-effective and sustainable solutions to address the growing burden of cardiovascular diseases. Bioresorbable coronary stents offer a compelling option for emerging economies seeking to improve access to advanced cardiac care while minimizing long-term healthcare costs associated with managing complications of permanent stents.
As the demand for innovative treatment options for CAD continues to rise, the global bioresorbable coronary stents market stands at the forefront of medical innovation. Manufacturers are poised to capitalize on the expanding patient pool and increasing awareness of cardiovascular health by investing in research and development, clinical trials, and market expansion strategies. By leveraging technological advancements and addressing unmet clinical needs, bioresorbable stent manufacturers have the opportunity to not only improve patient outcomes but also contribute to the advancement of cardiovascular care on a global scale.
Competitive Landscape Analysis
Key players in Global Bioresorbable Coronary Stents Market include;
- Biotronik
- Meril Lifesciences Pvt. Ltd.
- Abbott
- Elixir Medical Corporation
- REVA Medical
- table
- Arterial Remodeling Technologies
- Boston Scientific Corporation
- Medtronic
- Cordis
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 Brand
- Market Snapshot, By Region
- Global Bioresorbable Coronary Stents Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- High disease prevalence in young adults
- High Elective PCI Volume
- Reduced Long-Term Complications
- Restraints
- Slow pace of the market
- Lack of adequate clinical trial results
- Low comparability of bioresorbable coronary stents to DES
- Cost Considerations and Reimbursement Challenges
- Opportunities
- Expanding Patient Pool
- Aging Population
- Focus on Personalized Medicine and Precision Intervention
- 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 Bioresorbable Coronary Stents Market, By Brand, 2021 - 2031 (USD Million)
- Absorb BVS
- Absorb 2nd Generation
- Magmaris
- Magnitude
- MeRes-100
- DESolve
- Global Bioresorbable Coronary 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 Bioresorbable Coronary Stents Market, By Brand, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Biotronik
- Meril Lifesciences Pvt. Ltd.
- Abbott
- Elixir Medical Corporation
- REVA Medical
- Arterial Remodeling Technologies
- Boston Scientific Corporation
- Medtronic
- Cordis
- Company Profiles
- Analyst Views
- Future Outlook of the Market