Bioresorbable Scaffolds Market Research Report- Forecast To 2027

Bioresorbable Scaffolds Market Research Report, by Material (absorbable magnesium stent (AMS), polymeric scaffold, poly carbonate scaffold and others), by Types (drug eluting coronary scaffolds, everolimus-eluting device, novolimus-eluting device, sirolimus-eluting device, paclitaxel-eluting device), by Applications (peripheral vascular intervention, regulation of blood flow and others) by End Users (hospitals, clinics and others) - Forecast till 2027

ID: MRFR/MED/0743-HCR | February 2021 | Region: Global | 130 pages

Bioresorbable Scaffolds Market Scenario:


Bioresorbable scaffolds are medical devices used during numerous surgeries, as required when one suffers from coronary artery disease; bioresorbable scaffolds are recently introduced medical devices. Major driving factors for the growth of this market are increasing prevalence of cardiovascular disease, diabetes, obesity, poor diet and lack of exercise. According to WHO (2014), cardiovascular diseases accounted for a majority of deaths globally. Moreover, number of obese population across the globe is rising continuously. In 2014, globally 39% of adults aged 18 years and above were overweight, whereas 13% were obese. Furthermore, rapid development in devices used for cardiovascular surgeries, rising demand for bioresorbable scaffolds, adoption of desk-bound lifestyle, and government’s support for research and development of better medical devices has fuelled the bioresorbable scaffolds market growth. However, availability of alternative therapies and high cost of the bioresorbable scaffolds may slower the growth of this market.


Bioresorbable scaffolds market size is expected to grow at a CAGR of 18.9% during forecasted period of 2017-2023.


Figure 1- Bioresorbable Scaffolds Market Share by region, 2016 (%)


 


Segmentation


The bioresorbable scaffolds market is segmented on the basis of material, types, application and end users. On the basis of material, the market is classified into absorbable magnesium stent (AMS), polymeric scaffold, poly carbonate scaffold and others. On the basis of types, the market is segmented into drug eluting coronary scaffolds, everolimus-eluting device, novolimus-eluting device, sirolimus-eluting device, and paclitaxel-eluting device. On the basis of application, the market is segmented into peripheral vascular intervention, regulation of blood flow and others. On the basis of end users, the market is categorised into hospitals, clinics and others.


Regional Analysis


The global bioresorbable scaffolds market is dominated by America, owing to the presence of huge population suffering from cardiovascular diseases, presence of number of leading companies and increasing geriatric population. Moreover, increasing obese and diabetic population, lack of exercise, increasing stress and desk-bound lifestyle have provided a push for the growth of the market. Europe has the second largest market, which is followed by Asia Pacific. Asia Pacific accounts for the fastest growing market, due to rapid development in technology and a huge number of patients suffering from different vascular diseases. The Middle East & Africa accounts the least share in global bioresorbable scaffolds market.


Key Players



  • Abbott (US)

  • Medtronic (UK)

  • Boston Scientific Corporation (US)

  • Biotronik (Germany)

  • Elixir Medical Corporation (US)

  • REVA Medical, Inc (US)

  • Amaranth Medical, Inc. (US)

  • Kyoto Medical Planning Co. Ltd. (Japan)

  • Xenogenics Corporation (US)

  • B. Braun (Germany)

  • Cardinal Health. (US)

  • Lombard Medical, Inc (UK)

  • Translumina (Germany)

  • MicroPort Scientific Corporation (China)

  • TERUMO CORPORATION (Japan).


Intended Audience



  • Medical devices manufacturing companies

  • Research and development (R&D) companies

  • Government and independent research laboratories

  • Government and independent regulatory authorities

  • Academic medical institutes and universities

  • Pharmaceutical industries



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   18.9%
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors and Trends
  Segments Covered   Material, types, application and end users
  Geographies Covered   North America, Europe, Asia-Pacific and Rest of the World (RoW)
  Key Vendors   Abbott (US), Medtronic (UK), Boston Scientific Corporation (US), Biotronik (Germany), Elixir Medical Corporation (US), REVA Medical, Inc (US), Amaranth Medical, Inc. (US), Kyoto Medical Planning Co. Ltd. (Japan), Xenogenics Corporation (US), B. Braun (Germany), Cardinal Health. (US), Lombard Medical, Inc (UK), Translumina (Germany), MicroPort Scientific Corporation (China) and TERUMO CORPORATION (Japan)
  Key Market Opportunities   Research and development
  Key Market Drivers   Increasing prevalence of cardiovascular disease, diabetes, obesity, poor diet


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Table of Contents

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics

4.1 Drivers

4.2 Restraints

5 Market Factor Analysis

5.1 Porter’s Five Forces Model

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Supply Chain Analysis


Global Bioresorbable Scaffolds Market, by Material


6.1 Absorbable Magnesium Stent (AMS)

6.2 Polymeric Scaffold

6.3 Poly Carbonate Scaffold

6.4 Others


Global Bioresorbable Scaffolds Market, by Types


7.1 Drug Eluting Coronary Scaffolds

7.2 Everolimus-Eluting Device

7.3 Novolimus-Eluting Device

7.4 Sirolimus-Eluting Device

7.5 Paclitaxel-Eluting Device


Global Bioresorbable Scaffolds Market, by Application


8.1 Peripheral Vascular Intervention

8.2 Regulation of Blood Flow

8.3 Others


Global Bioresorbable Scaffolds Market, by End User


9.1 Hospitals

9.2 Clinics

9.3 Others


Global Bioresorbable Scaffolds Market, by Region


10.1 Introduction

10.2 America

10.2.1 North America

10.2.1.1 US

10.2.1.2 Canada

10.2.2 South America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 UK

10.3.1.3 France

10.3.1.4 Italy

10.3.1.5 Spain

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 Republic of Korea

10.4.6 Rest of Asia Pacific

10.5 The Middle East & Africa

10.5.1 United Arab Emirates

10.5.2 Saudi Arabia

10.5.3 Oman

10.5.4 Kuwait

10.5.5 Qatar

10.5.6 Rest of the Middle East & Africa

11 Competitive Landscape

11.1 Cost of Products

11.2 Production Capacity of Major Players

12 Company Profile

12.1 Medtronic

12.1.1 Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Abbott

12.2.1 Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Boston Scientific Corporation

12.3.1 Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Development

12.4 Biotronik

12.4.1 Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Development

12.5 Elixir Medical Corporation

12.5.1 Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 REVA Medical, Inc.

12.6.1 Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Kyoto Medical Planning Co. Ltd.

12.7.1 Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Xenogenics Corporation

12.8.1 Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 B. Braun

12.9.1 Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.9 Others

13 Conclusion

13.1 Key Findings

13.1.1 From CEO’s Viewpoint

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Prediction of Medical Device Industry

14 Appendix


LIST OF TABLES

Table 1 Bioresorbable Scaffolds Industry Synopsis, 2020-2027

Table 2 Global Bioresorbable Scaffolds Market Estimates & Forecast, 2020-2027, (USD Million)

Table 3 Global Bioresorbable Scaffolds Market, by Region, 2020-2027, (USD Million)

Table 4 Global Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 5 Global Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 6 Global Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 7 Global Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 8 Americas Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 9 Americas Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 10 Americas Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 11 Americas Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 12 North America Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 13 North America Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 14 North America Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 15 North America Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 16 South America Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 17 South America Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 18 South America Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 19 South America Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 20 Europe Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 21 Europe Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 22 Europe Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 23 Europe Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 24 Western Europe Bioresorbable Scaffolds Market by Material, 2020-2027, (USD Million)

Table 25 Western Europe Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 26 Western Europe Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 27 Western Europe Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 28 Eastern Europe Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 29 Eastern Europe Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 30 Eastern Europe Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 31 Eastern Europe Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 32 Asia Pacific Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 33 Asia Pacific Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 34 Asia Pacific Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 35 Asia Pacific Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)

Table 36 Middle East & Africa Bioresorbable Scaffolds Market, by Material, 2020-2027, (USD Million)

Table 37 Middle East & Africa Bioresorbable Scaffolds Market, by Type, 2020-2027, (USD Million)

Table 38 Middle East & Africa Bioresorbable Scaffolds Market, by Application, 2020-2027, (USD Million)

Table 39 Middle East & Africa Bioresorbable Scaffolds Market, by End-User, 2020-2027, (USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Bioresorbable Scaffolds Market

Figure 3 Segmentation Market Dynamics for Bioresorbable Scaffolds Market

Figure 4 Global Bioresorbable Scaffolds Market Share, by Material 2020

Figure 5 Global Bioresorbable Scaffolds Market Share, by Type 2020

Figure 6 Global Bioresorbable Scaffolds Market Share, by Application 2020

Figure 7 Global Bioresorbable Scaffolds Market Share, by End Users, 2020

Figure 8 Global Bioresorbable Scaffolds Market Share, by Region, 2020

Figure 9 Americas Bioresorbable Scaffolds Market Share, by Country, 2020

Figure 10 Europe Bioresorbable Scaffolds Market Share, by Country, 2020

Figure 11 Asia Pacific Bioresorbable Scaffolds Market Share, by Country, 2020

Figure 12 Middle East & Africa Bioresorbable Scaffolds Market Share, by Country, 2020

Figure 13 Global Bioresorbable Scaffolds Market: Company Share Analysis, 2020 (%)