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Europe Bioabsorbable Stents Market Worth USD 1209.9 million by 2023

Europe bioabsorbable stents market is advancing to achieve USD 1209.9 million by 2023 from USD 202.7 million by 2018 at a CAGR of 41.5% in the course of forecast period.
Sep 2018
Europe Bio absorbable Stents Market
Europe bio absorbable stents market Introduction:
Europe bioabsorbable stents market is advancing to achieve USD 1209.9 million by 2023 from
USD 202.7 million by 2018 at a CAGR of 41.5% in the course of forecast period. Stents can be
generally used as a part of the treatment of blocked arteries. They are small and expandable
work tubes that hold arteries open and help treat coronary and peripheral artery diseases.
Bioabsorbable stents are called as completely biodegradable stents that totally disappears
A stent is a metallic or a polymer tube inserted into the lumen of any vein or a channel in
order to keep the section open. Various stents for different clinical conditions are available in
the market. A stent insert is most regularly used for the treatment of cardiovascular variations
from the norm, for instance, blocked veins. Stents are implanted in the throat to allow the
section of food and beverages in patients encountering esophageal diseases. They can
likewise be utilized as a part of kidneys, stomach and gastrointestinal tract for different
purposes. Utilizing of bioabsorbable stents rather than permanent metallic stents takes out
the need to experience second surgery to evacuate the metallic stents.
Increment in cardiovascular surgeries is because of increasing in risk of cardiovascular issue
among the general population experiencing weight. According to WHO reports, cardio
vascular issues are the primary source of death than some other medical problems, it is
normal that by 2030 more than 23 million people suffers from Cardio vascular infections. In
this way Aging population and increment in the cardiovascular diseases are the Key driving
variables for the development of the Europe bioabsorbable stents market. Positive results of
surgeries with bioabsorbable stents and post-surgery reports additionally represents the
advancement of market. In any case, there are numerous administrative, innovative, safetyviability and furthermore cost related issues which should be managed before achieving its
maximum capacity.
Europe bio absorbable stents market Segmentation:
The Europe bioabsorbable stents market is segmented into different categories based on
material, absorption rate, application and end user. Based on material, bioabsorbable stents
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Europe Bio absorbable Stents Market
can be divided into two types. They are metallic and polymer stents. Polymer stents are
expected to witness highest growth compared to metallic stents. Based on absorption rate,
Europe bioabsorbable stents market is segmented into slow absorption rate stents and high
absorption rate stents. In 2018, market for slow absorption stents is predicted to be on higher
side. By application, bioabsorbable stents are categorized under coronary artery disease and
peripheral artery disease. Coronary artery disease is expected to have larger share than
peripheral artery disease. On the basis of end user, bioabsorbable stents market can be
segmented into hospitals and cardiac centers. The market is dominated by hospitals. On the
basis of geography, the market is analyzed under various regions namely, North America,
Europe, Asia-Pacific, Latin America and Middle-east & Africa. The highest market share holder
is Europe, followed by North America.
Europe bio absorbable stents market Key Players:
Some of the major players in Europe bioabsorbable stents market are Arterius Limited,
Amaranth Medical, Inc, Elixir Medical Corporation, Abbott Laboratories, Biotronik, Kyoto
Medical Planning Co., Ltd., Arterial Remodeling Technologies S.A, Reva Medical, Inc., Tepha,
Inc, SMT, Xenogenics Corporation
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
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Europe Bio absorbable Stents Market
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Material
5.1.1 Introduction
5.1.2 Polymer stents
5.1.3 Metallic stents
5.1.4 Y-o-Y Growth Analysis, By Material
5.1.5 Market Attractiveness Analysis, By Material
5.1.6 Market Share Analysis, By Material
5.2 Absorption
5.2.1 Introduction
5.2.2 Slow absorption stents
5.2.3 High absorption stents
5.2.4 Y-o-Y Growth Analysis, By absorption
5.2.5 Market Attractiveness Analysis, By absorption
5.2.6 Market Share Analysis, By absorption
5.3 Application
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Europe Bio absorbable Stents Market
5.3.1 Introduction
5.3.2 coronary artery disease
5.3.3 peripheral artery disease
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
5.4 End User
5.4.1 Introduction
5.4.2 Hospitals
5.4.3 Cardiac centers
5.4.7 Y-o-Y Growth Analysis, By End User
5.4.8 Market Attractiveness Analysis, By End User
5.4.9 Market Share Analysis, By End User
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6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis By Geographical Area By Material By absorption By Application By End User
6.1.4 Market Attractiveness Analysis By Geographical Area By Material By absorption
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6.1.5 Market Share Analysis By Geographical Area By Material By Absorption By Application By End User
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6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
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Europe Bio absorbable Stents Market
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Elixir Medical Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Arterius Limited
8.3 Amaranth Medical Inc
8.4 Abbott Laboratories
8.5 Arterial Remodeling Technologies S.A
8.6 Biotronik
8.7 Kyoto Medical Planning Co Ltd
8.8 Reva Medical Inc
8.9 Tepha.Inc
8.10 Xenogenics Corporation
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9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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Europe Bio absorbable Stents Market
Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with
market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global
market; which includes broadly demographic, economics, and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition and
business strategy development
A comprehensive list of key market players along with their product portfolio, current
strategic interests, key financial information, legal issues, SWOT analysis and analyst
overview to study and sustain the market environment
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