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In-Depth Analysis of the Self-Expanding Stents Market: Growth Opportunities, Key Trends, and Forecast 2025-2034

02-14-2025 05:23 AM CET | Health & Medicine

Press release from: The Business Research Company

Self-Expanding Stents Market Analysis

Self-Expanding Stents Market Analysis

What Are the Projected Growth and Market Size Trends for the Self-Expanding Stents Market?
Recently, there has been brisk growth in the market size of self-expanding stents. The market, which is projected to increase from $3.31 billion in 2024 to $3.51 billion in 2025, is set to do so at a compound annual growth rate (CAGR) of 6.0%. This growth during the historical period is due to a combination of factors, including heightened awareness, a growing aged population, the expansion of stipulated usage of stents beyond just coronary arteries, increasing levels of disposable income, and a wider adoption of minimally invasive procedures.

The market size of self-expanding stents is predicted to experience substantial growth over the next few years, reaching $4.4 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. This surge over the forecast period can be linked to the rising occurrence of cardiovascular diseases, the development of healthcare facilities, the spread of remote consulting through telemedicine services, the increasing incidence of peripheral arterial disease, and the growing prevalence of chronic illnesses. Key trends projected in the forecast period encompass advancements in technology, the advent of bioresorbable and drug-eluting stents, the shift towards minimally invasive procedures, and the incorporation of artificial intelligence.

What Is Driving the Growth Trajectory of the Self-Expanding Stents Market?
The escalating occurrence of heart-related illnesses is anticipated to stimulate the self-expanding stents market's expansion. Cardiovascular diseases, which are irregularities in the heart and blood vessels, are increasingly prevalent due to factors like obesity, an ageing demographic, and genetic factors. Self-expanding stents serve as practical and minimally intrusive treatment options for immediate and long-term patient needs in the fight against these diseases. For example, data from the British Heart Foundation, a UK-based cardiovascular research charity, revealed in September 2024 that approximately 7.6 million people in the UK suffer from heart and circulatory diseases. These individuals comprise roughly 4 million men and 3.6 million women. These diseases account for about 27% of all deaths in the country, leading to over 170,000 deaths every year or close to 480 deaths daily. This means that one person dies every three minutes from these conditions. As a result, the rising prevalence of cardiovascular diseases is stoking the growth of the self-expanding stents market.

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Which Leading Companies Are Shaping the Growth of the Self-Expanding Stents Market?
Major companies operating in the self-expanding stents market are Abbott Laboratories, Medtronic PLC, Stryker Corporation, Boston Scientific Corporation, Becton, Dickinson and Company (BD Interventional), Terumo Corporation, Phenox GmbH, Balton Sp. z o.o., Biotronik SE & Co. KG, Merit Medical Systems Inc., Aesculap AG, MicroVention Inc., Lifetech Scientific Corporation, Cordis Corporation, Rontis Corporation, Veryan Medical Ltd., Andramed GmbH, Medinol Ltd., iVascular SLU, HEXACATH SAS, Eucatech AG, Endospan Ltd., Endo-Flex GmbH, Endocor GmbH

What Are the Major Trends Shaping the Self-Expanding Stents Market?
Prominent corporations in the self-expanding stents market are concentrating on creating solutions like the tracheal stent system to decrease the demand for invasive surgery and secure a market advantage. The tracheal stent system is a healthcare apparatus used to sustain and uphold the openness of the trachea, commonly used in instances of tracheal stenosis or collapse. As an example, in February 2022, Micro-Tech Endoscopy Inc., a medical tech firm based in the US, unveiled a tracheobronchial nitinol y-stent. This stent, composed of a nitinol alloy, is a flexible, self-expanding device that comes with a low-profile delivery mechanism, a silicone coating for tumor ingrowth prevention, and adjustable sutures for rearrangement or extraction. For patients experiencing tracheobronchial strictures, this stent mitigates symptoms by widening the airway and boosting airflow.

What Are the Key Segments of the Self-Expanding Stents Market?
The self-expanding stents market covered in this report is segmented -

1) By Product Type: Gastrointestinal Self-Expanding Stents, Carotid Self-Expanding Stents, Endovascular Self-Expandable Stents, Other Product Types
2) By Applications: Fem-Pop Artery Stents, Iliac Artery Stents, Carotid Artery Stents, Biliary Stents, Other Applications
3) By End-Users: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Gastrointestinal Self-Expanding Stents: Esophageal Stents, Duodenal Stents, Colonic Stents
2) By Carotid Self-Expanding Stents: Balloon-Expandable Carotid Stents, Self-Expanding Carotid Stents
3) By Endovascular Self-Expandable Stents: Aortic Stents, Renal Artery Stents, Peripheral Artery Stents
4) By Other Product Types: Biliary Self-Expanding Stents, Urological Self-Expanding Stents

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Which Region Dominates the Self-Expanding Stents Market?
North America was the largest region in the self-expanding stents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the self-expanding stents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Self-Expanding Stents Global Market Report?

- Market Size Analysis: Analyze the Self-Expanding Stents Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Self-Expanding Stents Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Self-Expanding Stents Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Self-Expanding Stents Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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