Bioresorbable Scaffolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2031

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Bioresorbable Scaffolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2031

Status : January, 2023 | Pharmaceutical

Report Digest


Bioresorbable Scaffolds Market Outlook

Bioresorbable scaffolds (BRSs) have witnessed massive application prospects in cardiology, arising out of need to improve the prognosis of patients with coronary heart disease (CHD). The need stemmed from initiatives by the healthcare industry on overcoming imitations of current metallic drug-eluting stents (DES). Revenue-generation opportunities in bioresorbable scaffolds industry pivot largely on growing number of percutaneous coronary interventions (PCIs).

Growing number of clinical trials on the efficacy and safety of new BRS technologies have paved the way to commercialization of new designs and materials for products in the bioresorbable scaffolds market. Evidence-based heart treatments are continuously enriching the bioresorbable scaffolds market outlook.

Emerging trends of the bioresorbable scaffolds market vividly indicate that newer-generation devices with improved stent strut thickness and high-performance bioresorbable materials have raised the expectations. Broadly, long-term trials on clinical performance polymeric resorbable scaffolds and metallic resorbable scaffolds aim at reducing incidence of stent thrombosis.

Bioresorbable Scaffolds Market: Key Drivers, Trends, and Avenues

Device manufacturers in the bioresorbable scaffolds market are increasingly improving the product attributed related to the scaffold, the polymer, and the drug to meet the current customer propositions. Rise in incidence of stent-related adverse cardiovascular outcomes in PCIs is a key driver for development of newer generation of bioresorbable scaffolds. Focus on multiple product attributes have led to the launch of devices that promise reduced target-vessel MI and late scaffold thrombosis. Metallic stents are increasingly being associated with stent-related adverse cardiovascular outcomes.

Recent trends are stridently shedding light on new approaches that aim to evaluate the efficacy of newer devices in the market with older generations of DES. Most of the DES available commercially have been limited in use due to drawback in caging of the vessel wall. Cardiologists are attracted to the idea of “leave-nothing-behind” approach reinforced by fully BRS, and evaluating the overall efficacy, thereby opening new frontiers in bioresorbable scaffolds market.

A range of materials can be used, with lactate polymers generating massive interest of researchers, as recent developments in bioresorbable scaffolds market confirm. Of note, a number of lactate-based polymer systems have entered the late clinical development stage. New strut designs are being explored by medtech companies in the bioresorbable scaffolds market, which will pave the way for advanced technologies that can improve the long-term prognosis of patients in routine percutaneous coronary intervention (PCI)

Bioresorbable Scaffolds Market: Competition Landscape

The research report on bioresorbable scaffolds market has made quantitative as well as qualitative assessment of customer propositions shaping demand in lucrative customer and geographical segments.

Scores of large, multicenter, randomized controlled trials and BRS programs have been undertaken by multinational medical devices and healthcare companies, especially in the U.S. and China. Frontrunners shaping the competitive landscape of the market are Meril Life Sciences, Arterial Remodeling Technologies SA, Elixir Medical, and Abbott Laboratories.

Top players in bioresorbable scaffolds market have gained a better understanding of BRS deployment techniques from these studies. However, still there is lack of well-designed clinical trials that can clarify the benefit of bioresorbable scaffolds in reducing the risk of scaffold thrombosis. Studies by other heavyweights in Europe have looked at how far have the new products been effective in improving neointimal hyperplasia and vessel recoil.

Bioresorbable Scaffolds Market: Regional Landscape

Frenetic R&D on expanding the generation of BRS of different materials have fueled revenue possibilities in North America, bolstering the bioresorbable scaffolds market outlook. Prevalence of cardiovascular diseases in Asia Pacific has spurred the demand for interventional cardiology. The region is expected to be hotbed of opportunities until the forecast period. Continuous emphasis on innovations in stent and strut designs will enrich the bioresorbable scaffolds market in Asia Pacific. Manufacturers are also emphasizing on procedural-related factors to boost the surgical outcomes in the contemporary devices, which has generated incremental avenues in the regional market.

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