The global biodegradable stents market reached USD 298.0 million, and it is anticipated to reach USD 702.67 million by 2032, reflecting a revenue compound annual growth rate (CAGR) of 10% during the forecast period. Key drivers of market revenue growth include the increasing prevalence of cardiovascular disease worldwide and a growing demand for minimally invasive procedures. Biodegradable stents, made from naturally soluble materials such as Polyglycolic Acid (PGA) and Polylactic Acid (PLA), are designed to eliminate the need for additional surgical interventions and can be safely absorbed by the body.

The escalating frequency of cardiovascular disorders globally is a significant factor contributing to the market's revenue growth. According to the World Health Organization (WHO), cardiovascular disorders, responsible for approximately 31% of all fatalities, are the leading cause of death worldwide. The high prevalence of cardiovascular diseases is attributed to factors such as sedentary lifestyles, poor diets, and an aging population. Biodegradable stents are increasingly preferred over conventional metallic stents due to their biocompatibility and the ability to reduce the risk of complications such as thrombosis and restenosis.

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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.

Key Players covered in this report are

• Abbott Laboratories
• Biotronik SE Co. KG
• Boston Scientific Corporation
• Elixir Medical Corporation
• Reva Medical Inc.
• Medtronic Plc.
• Terumo Corporation
• Meril Life Sciences Pvt. Ltd.
• Arterial Remodeling Technologies S.A.
• Amaranth Medical Inc.

Segments Covered in the Report:

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Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa

Major Points covered in this report are as below:

• An analysis of Biodegradable Stent industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.

• In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.

• In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.

• This report provides information on the market status of Biodegradable Stent manufacturers and provides valuable insight into the market for companies and individuals.

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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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