"Global Bioresorbable Scaffolds Market – Industry Trends and Forecast to 2028
Global Bioresorbable Scaffolds Market, By Material (Absorbable Magnesium Stent (AMS), Polymeric Scaffold, Poly Carbonate Scaffold, Others), Types (Drug Eluting Coronary Scaffolds, Everolimus-Eluting Device, Novolimus-Eluting Device, Sirolimus-Eluting Device, Paclitaxel-Eluting Device), Applications (Peripheral Vascular Intervention, Regulation of Blood Flow and Others), End Users (Hospitals, Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East Africa) Industry Trends and Forecast to 2028
The bioresorbable scaffolds market is expected to witness market growth at a rate of 14.80% in the forecast period of 2021 to 2028 and is expected to reach USD 2,716.31 million by 2028. Data Bridge Market Research report on bioresorbable scaffolds market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the prevalence of lifestyle related disorders globally is escalating the growth of bioresorbable scaffolds market.
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Bioresorbable scaffolds (BRSs) are specifically designed for the purpose of decreasing events related to permanent metallic stents as they provide subsequent complete resorption and temporal mechanical support. The BRS hypothesis is said to be built on the assumption that the absence of metallic caging would facilitate full restoration of vasomotion and induce luminal enlargement.
**Segments**
- **Product Type**: The bioresorbable scaffolds market can be segmented based on product type into polymer-based scaffolds and metallic-based scaffolds. Polymer-based scaffolds are witnessing significant demand due to their flexibility, biocompatibility, and ability to promote tissue growth, making them ideal for various medical applications. Metallic-based scaffolds, on the other hand, offer higher mechanical strength and are often used in orthopedic applications.
- **Application**: In terms of application, the market can be categorized into cardiovascular diseases, orthopedic diseases, dental diseases, and others. The cardiovascular diseases segment holds a substantial share in the market, driven by the increasing prevalence of heart-related conditions and the growing demand for minimally invasive surgical procedures. Orthopedic diseases segment is also gaining traction due to the rising incidence of musculoskeletal disorders.
- **End-User**: The bioresorbable scaffolds market is further segmented by end-user into hospitals, ambulatory surgical centers, and specialty clinics. Hospitals account for a significant portion of the market share as they are primary healthcare providers for various medical procedures. Ambulatory surgical centers are witnessing rapid growth due to their cost-effectiveness and efficiency in providing outpatient services, while specialty clinics cater to specific medical conditions with specialized care.
**Market Players**
- **Abbott Laboratories**: As a global leader in healthcare, Abbott Laboratories offers bioresorbable scaffolds under its vascular products portfolio. The company's focus on innovation and strategic partnerships has helped it maintain a strong presence in the market.
- **Boston Scientific Corporation**: Known for its diversified medical solutions, Boston Scientific Corporation provides bioresorbable scaffolds that cater to the cardiovascular segment. The company's commitment to research and development has enabled it to introduce advanced products in the market.
- **Medtronic**: With a wide range of medical technologies, Medtronic offers bioresorbable scaffolds for various applications, including orthopedics and cardiovascular diseases. The company'sAbbott Laboratories, Boston Scientific Corporation, and Medtronic are key market players in the bioresorbable scaffolds market, each contributing significantly to the industry's growth and innovation. Abbott Laboratories, being a global healthcare leader, has a strong foothold in the market with its vascular products portfolio that includes bioresorbable scaffolds. The company's focus on innovation and strategic partnerships plays a crucial role in its market success, enabling it to meet the evolving needs of healthcare professionals and patients. Abbott Laboratories' commitment to RD ensures the continuous development of high-quality and advanced products, further solidifying its position in the bioresorbable scaffolds market.
Boston Scientific Corporation, known for its diversified medical solutions, provides bioresorbable scaffolds tailored to the cardiovascular segment. The company's emphasis on research and development has been instrumental in introducing cutting-edge products that address the specific requirements of cardiovascular procedures. Boston Scientific Corporation's reputation for delivering innovative medical technologies has earned it a competitive edge in the market, attracting healthcare providers and patients seeking advanced treatment options for cardiovascular diseases. The company's focus on technological advancements and clinical efficacy underscores its commitment to enhancing patient outcomes and driving market growth in the bioresorbable scaffolds segment.
Medtronic, a prominent player in the medical technology industry, offers a wide range of bioresorbable scaffolds for various applications, including orthopedics and cardiovascular diseases. The company's extensive product portfolio and strong global presence position it as a key player in the bioresorbable scaffolds market, catering to the diverse needs of healthcare providers and patients worldwide. Medtronic's commitment to medical innovation and collaboration with healthcare professionals ensures the development of high-performance and patient-centric bioresorbable scaffolds that meet the highest standards of quality and safety. By leveraging its expertise in medical technologies and a deep understanding of healthcare dynamics, Medtronic continues to drive advancements in the bioresorbable scaffolds market, setting new benchmarks for product excellence and clinical outcomes.
In**Segments**:
- **Global Bioresorbable Scaffolds Market, By Material**: Absorbable Magnesium Stent (AMS), Polymeric Scaffold, Poly Carbonate Scaffold, Others
- **Types**: Drug Eluting Coronary Scaffolds, Everolimus-Eluting Device, Novolimus-Eluting Device, Sirolimus-Eluting Device, Paclitaxel-Eluting Device
- **Applications**: Peripheral Vascular Intervention, Regulation of Blood Flow and Others
- **End Users**: Hospitals, Clinics, Others
- **Country**: U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East Africa
In the global bioresorbable scaffolds market, the demand for polymeric scaffolds is expected to witness substantial growth due to their biocompatibility and tissue-friendly properties. These scaffolds offer unique advantages in promoting tissue regeneration and are increasingly being adopted in various medical applications. On the other hand, metallic-based scaffolds, particularly absorbable magnesium stents, are gaining traction for their strength and durability in orthopedic and cardiovascular interventions. The market is also seeing
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Bioresorbable Scaffolds Market
Chapter 3: Regional analysis of the Global Bioresorbable Scaffolds Market industry
Chapter 4: Bioresorbable Scaffolds Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Bioresorbable Scaffolds Market report:
- Detailed considerate of Bioresorbable Scaffolds Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the
- In depth study of industry strategies for growth of the Bioresorbable Scaffolds Market-leading players.
- Bioresorbable Scaffolds Market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Bioresorbable Scaffolds Market for forthcoming years.
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