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Bioresorbable Vascular Scaffold Market Analysis to Grow at 12.4% CAGR Will Hit 370 Million USD in 2025: Abbott, Kyoto Medical, Biotronik

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Los Angeles, CA -- (SBWIRE) -- 05/07/2019 -- 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.

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.

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The global Bioresorbable Vascular Scaffold market was 150 million US$ in 2018 and is expected to 370 million US$ by the end of 2025, growing at a CAGR of 12.4% between 2019 and 2025.

This report studies the Bioresorbable Vascular Scaffold market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bioresorbable Vascular Scaffold in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Abbott

Kyoto Medical

Biotronik

Elixir Medical

By the product type, the market is primarily split into

Metal BVS

Polymer BVS

By the end users/application, this report covers the following segments

Hospital & Clinic

Medical Center

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