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Biodegradable Stents - Global Market Trajectory & Analytics

  • ID: 5140928
  • Report
  • April 2021
  • Region: Global
  • 272 Pages
  • Global Industry Analysts, Inc
Global Biodegradable Stents Market to Reach $10.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Biodegradable Stents estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$10.4 Billion by 2027, growing at a CAGR of 35.4% over the period 2020-2027. Coronary Artery Stents, one of the segments analyzed in the report, is projected to record 35.2% CAGR and reach US$6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Peripheral Artery Stents segment is readjusted to a revised 35.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $334.8 Million, While China is Forecast to Grow at 43.6% CAGR

The Biodegradable Stents market in the U.S. is estimated at US$334.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 43.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.2% and 32.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 30.3% CAGR.

Select Competitors (Total 46 Featured):
  • Abbott Laboratories
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • Elixir Medical Corporation
  • Kyoto Medical Planning Co., Ltd.
  • Sahajanand Medical Technologies Pvt., Ltd.
  • Terumo Europe NV
Frequently Asked Questions about the Global Market for Biodegradable Stents

What is the estimated value of the Global Market for Biodegradable Stents?

The Global Market for Biodegradable Stents was estimated to be valued at $1.3 Billion in 2020.

What is the growth rate of the Global Market for Biodegradable Stents?

The growth rate of the Global Market for Biodegradable Stents is 34.6%, with an estimated value of $10.4 Billion by 2027.

What is the forecasted size of the Global Market for Biodegradable Stents?

The Global Market for Biodegradable Stents is estimated to be worth $10.4 Billion by 2027.
Note: Product cover images may vary from those shown

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown