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Bioresorbable Scaffolds Market Analysis by 2028

The bioresorbable scaffolds market is expected to witness market growth at a rate of 14.80% in the forecast period of 2021 to 2028

The bioresorbable scaffolds market is expected to witness market growth at a rate of 14.80% in the forecast period of 2021 to 2028 and is expected to reach USD 2,716.31 million by 2028. Data Bridge Market Research report on bioresorbable scaffolds market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the prevalence of lifestyle related disorders globally is escalating the growth of bioresorbable scaffolds market.

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Bioresorbable scaffolds (BRSs) are specifically designed for the purpose of decreasing events related to permanent metallic stents as they provide subsequent complete resorption and temporal mechanical support. The BRS hypothesis is said to be built on the assumption that the absence of metallic caging would facilitate full restoration of vasomotion and induce luminal enlargement.

The rise in the prevalence of cardiovascular diseases (CVD) among population across the globe acts as one of the major factors driving the growth of bioresorbable scaffolds market. The increase in adoption for cardiovascular surgeries owning to the various benefits offered such as full absorption by the body and increase in incidences of lifestyle related diseases such as diabetes and obesity among others accelerate the bioresorbable scaffolds market growth. The rise in adoption of unhealthy lifestyle patterns such as consumption of alcohol, poor diet and lack of exercise and innovations made by key players in order to naturally restore movement of artery further influences the bioresorbable scaffolds market.

North America dominates the bioresorbable scaffolds market due to the large number of people suffering from cardiovascular diseases, increase in obese and diabetic population, rise in stress and desk-bound lifestyle, large geriatric population and presence of number of leading companies. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 to 2028 because of the rapid development in technology and a huge number of patients suffering from different vascular diseases.

The major players covered in the bioresorbable scaffolds market report are Abbott, Medtronic, Boston Scientific Corporation, BIOTRONIK, Elixir Medical, REVA Medical, Inc., Amaranth Medical, MEDICAL PLANNING Co., Ltd., SEC.report, B. Braun Melsungen AG, Cardinal Health, Lombard Medical Limited, Translumina, MicroPort Scientific Corporation, Terumo Corporation, Cook, W. L. Gore & Associates, Inc., BD, STENTYS SA, Devex among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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