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Vascular Stent Market is projected to reach a value of USD 21.03 billion by 2034, growing at a CAGR of 6.4%

02-25-2025 10:49 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Vascular Stent Market

Vascular Stent Market

The vascular stent market size was valued at USD 11.35 billion in 2024. It is projected to grow to USD 21.03 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2025 to 2034.

Market Definition
A vascular stent is a compact tube positioned within a blocked blood vessel to retain it open. The stent replaces blood flow through the vessel. They are usually made up of metal or plastic. Stent grafts are bigger stents utilized for bigger arteries and may be rendered of a specific fabric. Stents can also be shrouded with medication to assist maintain a blocked artery from shutting. They can be positioned in several areas of the body. They usually come under peripheral artery angioplasty.

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Growth Drivers and Opportunities
Several reasons have contributed to the expansion of the vascular stent market in recent years. Among these is the surge in coronary artery diseases because of factors such as a maturing population, desk-bound lifestyle, and surging obesity rates. This has caused an escalation in angioplasty procedures.
The market size will expand due to technological progressions such as drug-eluting stents, which have improved treatment results by decreasing restenosis rates and enhancing prolonged patient recuperation.

Key Players
The aggressive topography of the market highlights an assortment of global leaders and regional firms struggling for market share. Here is the list of the leading companies operating in the vascular stent market:

• Medtronic
• Abbott
• Boston Scientific Corporation
• B. Braun SE
• Terumo Corporation
• Biotronik
• MicroPort Scientific Corporation
• Koninklijke Philips N.V.
• Stryker Corporation

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Vascular Stent Market Report Highlights
• In terms of technology, covered stents led the vascular stent market in 2024 due to their effectiveness in preventing blood flow leakage and minimizing restenosis risk, especially in patients with complex vascular conditions.

• In terms of mode of delivery, self-expanding stents are projected to register a high CAGR during the forecast period due to their durability and flexibility, which make them ideal for complex vascular anatomies.

• Based on region, North America led the vascular stent market in 2024, driven by the high incidence of cardiovascular conditions, robust healthcare infrastructure, and substantial investment in research and development.

Segmentation Overview
The vascular stent market analysis is mainly based on technology, product, mode of delivery, material, end user, and region. Based on technology, the covered stents segment dominated the market in 2024. They assist in the prevention of blood flow draining and decrease the probability of restenosis.
Moreover, according to the mode of delivery, the self-expanding stents are expected to register a high CAGR. They are flexible and durable, which renders them appropriate for challenging vascular anatomies.

By Technology Outlook (Revenue - USD Billion, 2020-2034)
• Drug-Eluting Stents
• Covered Stents
• Bare-Metal Stents
• Bio Absorbable Stents

By Product Outlook (Revenue - USD Billion, 2020-2034)
• Coronary Stents
• Peripheral Stents
o Carotid Artery Stents
o Renal Artery Stents
o Femoral Artery Stents
o Iliac Artery Stents
o Other Peripheral Stents
• Evar Stent Grafts
o Abdominal Aortic Aneurysm Stent Grafts
o Thoracic Aortic Aneurysm Stent Grafts

By Mode of Delivery Outlook (Revenue - USD Billion, 2020-2034)
• Balloon-Expandable Stents
• Self-Expanding Stents

By Material Outlook (Revenue - USD Billion, 2020-2034)
• Metallic Materials
o Cobalt Chromium
o Platinum Chromium
o Stainless Steel
o Nickel Titanium
• Polymer Materials
o Biodegradable Polymer
o Non-Biodegradable Polymer

By End User Outlook (Revenue - USD Billion, 2020-2034)
• Hospitals
• Cardiac Centers

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Geographical Landscape

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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