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Global Absorbable Heart Stent Market expected to reach USD 6.2 billion by 2023 at CAGR of 9.6% during forecast period 2019 to 2023 | Size, Share, Trends, Analysis, Market Status, Competition & Companies, Growth Opportunities and Top Key Players

October 29th, 2019 Market Research Future Releases

Market Highlights

In 2015, according to WHO reports, globally, the prevalence of cardiac disease in adults aged 18 and above was around 24.1% in men and 20.1% in women largely from low and middle income countries. Increasing unhealthy habits, lack of physical exercise and increasing prevalence of cardiac diseases contributed growth to the market. According to American college of cardiology, absorbable heart stent will replace the conventional metal stents in coming years. This is due to number of advantages of using absorbable heart stents. Most bioresorbable stents are made of polylactic acid. It is a naturally dissolvable material used in medical implants. Demand for absorbable heart stents is increasing due to advancement in technology of developing heart stents and increase in number of cardiac surgeries.

On the other hand, there are few hurdles in the growth of this market. One of the biggest player in absorbable stent market, Abbott Vascular, has stopped manufacturing of its interventional cardiology product ABSORB GT. The company has terminated sales and operations related to this product in all the countries across the world due to the increased heart attack incidences with the use of its product. This major development may result in thwarting the growth of the market in the near future. However, market may regain its growth if the company resolves the issue in time and come up with better product in the market. Global absorbable heart stent market is expected to reach USD 6.2 billion by 2023 at a CAGR of 9.6% during forecast period 2017 to 2023.

Request For Free Sample Report: https://www.marketresearchfuture.com/sample_request/1175

Global absorbable heart stent Market Players:

Key players in absorbable heart stent market are: Abbott Laboratories (U.S.), Biotronik (Germany), Arterial Remodeling Technologies SA (France), Amaranth Medical Inc. (U.S.), Kyoto Medical Planning Co. Ltd. (Japan), Elixir Medical Corporation (U.S.), and Reva Medical Inc. (U.S.).

Abbott Laboratories is an American healthcare company operating in more than 150 countries across the world. ABSORB GT is a bioresorbable vascular scaffold system manufactured by the company. In April 2016, the company entered into an agreement of acquiring St. Jude Medical thus strengthening its position in the market for heart stents and other vascular devices.

Biotronik is a multinational biotechnology company. Orsiro is a drug eluting stent and PK papyrus is a covered stent manufactured by the company. The company won Cardiostim Innovation Award for Best Practice Improvement in the year 2016.

Get Amazing Discount on Report: https://www.marketresearchfuture.com/check-discount/1175

TABLE OF CONTENT:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Absorbable Heart Stent Market, By Type

Chapter 7. Absorbable Heart Stent Market, By Diagnosis

Chapter 8. Absorbable Heart Stent Market, By Treatment

Chapter 9. Absorbable Heart Stent Market, By End-User

Chapter 10. Absorbable Heart Stent Market, By Region

Chapter 11. Company Landscape

Chapter 12 Company Profiles

Chapter 13 MRFR Conclusion

Chapter 14 Appendix

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Us:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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