New report published by Global Info Research which offers insights on the global Bioresorbable Vascular Scaffold market.
Bioabsorbable scaffolds, or naturally dissolving stents, that have been investigated include base materials that are either metals or polymers. Those that have been approved in markets around the world and thus have gained the most traction are based on polymers that are similar to those used in dissolvable stitches.
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Global Bioresorbable Vascular Scaffold Market: Forecast by Type / Application / Region
The major players in global Bioresorbable Vascular Scaffold market include: Abbott, Kyoto Medical, Biotronik, Elixir Medical.
On the basis of product, the Bioresorbable Vascular Scaffold market is primarily split into: Metal BVS, Polymer BVS.
On the basis on the end users/applications covers , Hospital & Clinic, Medical Center.
Rising prevalence of chronic diseases coupled with the rapidly aging population worldwide is set to increase the demand for stent implants. According to WHO report, the population of people above 65 years was around 524 million in 2010, which is expected to grow to 1.5 billion by 2050; this would be 16% of the total world population. It is estimated that 27% of the Japanese, 16% of the U.S., 24% of the U.K., 17% of the Russian, and 14% of Chinese population will be above 65 years of age by 2020.
In the last several years, global market of bioresorbable vascular scaffold developed rapidly, with an average growth rate of 13%. In 2016, global revenue of bioresorbable vascular scaffold is nearly 127 M USD; the actual consumption is about 75 K units.
The global average price of bioresorbable vascular scaffold is in the decreasing trend, from 1832 USD/Unit in 2012 to 1686 USD/Unit in 2016.
The classification of bioresorbable vascular scaffold includes metal?BVS and polymer?BVS, and the proportion of polymer?BVS in 2016 is about 90%, and the only Biotronik supplies resorbable magnesium scaffold recently.
Europe is the largest consumption place, with a consumption market share nearly 71% in 2016. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 16%. Only Abbott got the FDA approval in 2016.
Market competition is intense. Abbott, Kyoto Medical, Biotronik, Elixir Medical the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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United States Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
Europe Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
North America Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
Asia-Pacific Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
China Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
EMEA Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
Global Bioresorbable Vascular Scaffold Market 2018 Forecast to 2023
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