Four Key Trends in the Global Bioabsorbable Scaffolds Market
Thursday, July 23, 2015
Source: Becker's Healthcare
The global bioabsorbable scaffolds market is poised for rapid growth in the next few years, according to a GlobalData report.
Here are four key trends:
1. The market is estimated to grow from $143.7 million in 2014 to just under $2.1 billion by 2021.
2. It is expected to grow at a compound annual growth rate of 42.1 percent.
3. The market is driven primarily by new product approvals.
4. There are four bioabsorbable scaffold devices that have received the CE Mark in the five European countries.