Press release
Coronary Stents Market (2024-2029): Global Industry Insights & Projected Revenue of $12.93 Billion in the Next Six Years - Arizton
Global Coronary Stents Market Research Report by Arizton
To Know More, Click: [https://www.focusreports.store/report/coronary-stents-market-report]
Report Summary
Market Size (2029): $12.93 Billion
Market Size (2024): $8.57 Billion
CAGR (2023-2029): 7.10%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Design, & End-User
Geographical Analysis: North America, Europe, APAC, Latin America, And Middle East & Africa
The global coronary stents market is characterized by intense competition and dynamism, with numerous national, regional, and global players. Strict and varied regulatory norms, pricing policies, and approval processes contribute to the competitive landscape. Market growth is driven by the increasing burden of cardiovascular diseases, a rising geriatric population with multiple chronic conditions, and heightened attention to coronary artery disease management through stenting and angioplasty. Continuous product development, launches, and approvals are revolutionizing the market, enhancing access to safe coronary stenting, and expected to sustain market growth in the future.
Market Trends & Drivers
Evolving Coronary Stent Technologies
Coronary stent implantation is a globally accepted treatment for coronary artery disease (CAD). The market is evolving from bare metal and drug-eluting stents to more advanced bioresorbable and polymer-free stents. Emerging alternatives such as gene eluting stents (GES) and customized stents with self-reporting sensors are also gaining traction. Customized coronary stent sensors developed through novel 4D printing technologies are expected to drive future advancements. New approaches, including biodegradable polymer-coated stents, polymer-free stents (drug-eluting), and bioresorbable stents, have significant potential to transform the market. The benefits of biodegradable polymer-coated stents include improved prevention of acute occlusion or recoil, avoidance of late vessel wall inflammation, and reduced neointimal hyperplasia.
Advances in Coronary Stent Fabrication
Traditional fabrication methods for coronary stents, such as laser cutting, are being enhanced with advanced technologies like augmented reality (AR), 3D printing, and deep learning (DL). Novel 4D digital printing technologies are enabling the production of coronary stents that are significantly smaller and more customized to patient needs. These technologies employ stimuli-responsive materials to create implants tailored to an individual's physiological and pathological conditions. Smart stents with biocompatible platforms, including small ultrasound transducers to measure blood flow, are also being explored. These advancements are expected to revolutionize the market by reducing inflammation, fibrous tissue formation, and material degradation.
Increasing Burden of Cardiovascular Disorders
Cardiovascular diseases (CVD) continue to be a leading cause of mortality worldwide, with over 620 million people suffering from circulatory and heart diseases in 2023. Coronary artery disease remains a major CVD condition, demanding significant healthcare resources. The prevalence of stroke is also rising, particularly in developing countries. Each year, over 60 million people are diagnosed with circulatory and heart diseases, contributing to a significant mortality burden, with 20 million deaths reported in 2021. By 2024, it is estimated that 244 million people will be affected by coronary artery disease, with 6 million patients undergoing various coronary interventions annually.
North America Leading the Global Coronary Stents Market
In 2023, North America held over 38% of the global coronary stents market, leading the industry with a projected CAGR of 5.26% during the forecast period. The US and Canada contributed 90.71% and 9.29% to the market share, respectively. The dominance of the US is due to its high volume of percutaneous coronary interventions (PCI), a large patient population needing cardiovascular disease (CVD) management, and substantial healthcare spending on coronary artery disease (CAD) and related conditions like diabetes.
According to the CDC, around 400,000 people in North America died from coronary heart diseases in 2022. In 2021, CAD affected 1 in 18 adults aged 20 and above, with a 10% prevalence rate. Approximately 895,000 heart disease-related deaths occurred in 2021, with heart diseases costing the region $245 billion annually.
Market growth is driven by the aging population, increasing chronic disease cases, heightened heart health awareness, rising healthcare expenditure, and improvements in healthcare facilities. The region has 33 million registered diabetes cases, many of which are linked to heart diseases requiring coronary stents.
Key vendors like Abbott and Boston Scientific Corporation dominate the market, contributing to over 500,000 coronary stent implantations annually in the US alone. The presence of numerous vendors and their increasing market penetration intensifies price competition.
Recent Vendor Activities
* In 2023, Abbott acquired Cardiovascular Systems, a medical device company that manufactures an advanced atherectomy system for treating coronary and peripheral artery disease.
* In 2023, Translumina, a global company in interventional cardiovascular medical devices, acquired Blue Medical Devices, a Wellinq Group Company. This acquisition supports and strengthens Translumina's drug-eluting stents portfolio.
* In 2022, MicroPort established its new headquarters in Irvine, which has facilities such as manufacturing plants and innovation center.
* In April 2022, Biosensor International Group received Japanese PMDA approval for its BioFreedom Ultra and US FDA approval for BioFreedom coronary stents.
Recent Product Launches
* In December 2023, Terumo (India) launched a drug-eluting stent for the treatment of coronary artery disease, Ultimaster Nagomi.
* In Aug 2022, Medtronic launched a newly developed drug-eluting stent, Onyx Frontier coronary stent, with CE market approval.
Buy this Research @ [https://www.focusreports.store/report/coronary-stents-market-report]
Segmentation & Forecast
Product Type
* Drug-eluting Stents (DES)
* Second Generation
* Latest Generation
* Bare Metal Stents
* Bioresorbable Stents
Design
* Permanent
* Fully Degradable
End-user
* Multi-specialty Hospitals
* Specialty Hospitals
Geography
North America
* The US
* Canada
Europe
* Germany
* The UK
* France
* Italy
* Spain
APAC
* Japan
* China
* India
* Australia
* South Korea
Latin America
* Brazil
* Mexico
* Argentina
Middle East & Africa
* Turkey
* South Africa
* Saudi Arabia
Key Vendors
* Abbott
* Boston Scientific Corporation
* Medtronic
* Biotronik
* TerumoCorporation
* B. Braun SE
* Biosensors International Group
* MicroPort Scientific Corporation
* Other Prominent Vendors
* Alvimedica
* Vascular Concepts
* Balton
* Cardionovum
* Cook Medical
* Concept Medical
* Relisys Medical Devices
* Elixir Medical
* Endocor GmBH
* OrbusNeich Medical Group
* Eurocor Tech
* HEXACATH
* InSitu Technologies
* Lepu Medical Technology
* Medinol
* Meril Life Sciences
* Q3 Medical Devices
* REVA Medical, LLC
* S3V Vascular Technologies
* Sahajanand Medical Technologies
* SCITECH
* Translumina
* USM Healthcare
* Minvasys
Key Questions Answered in the Report:
What is the size of the global coronary stents market?
What is the growth rate for the global coronary stents market?
What factors are driving the global coronary stents market?
Which region leads the global coronary stents market?
Who are the key players in the global coronary stents market?
Check Out Some of the Top Selling Reports of Your Interest:
Global Dialysis Services Market - Focused Insights 2024-2029
https://www.focusreports.store/report/dialysis-services-market-report
Global Artificial Intelligence (AI) in Medical Imaging Market - Focused Insights 2024-2029
https://www.focusreports.store/report/artificial-intelligence-in-medical-imaging-market-size
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=coronary-stents-market-20242029-global-industry-insights-projected-revenue-of-1293-billion-in-the-next-six-years-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.focusreports.store/report/coronary-stents-market-report
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coronary Stents Market (2024-2029): Global Industry Insights & Projected Revenue of $12.93 Billion in the Next Six Years - Arizton here
News-ID: 3930659 • Views: …
More Releases from ABNewswire
An Observer's Portrayal of the October 7 Tragedy and Its Global Consequences
In Before and After Israel's 9/11 - Aftermath of the October 7 Catastrophe, and Rays of Hope, author Helen Birnbaum presents a compelling reflection on one of the darkest days in Israel's history. Through thoughtful narrative, historical context, and deeply human perspectives, she sheds light not only on the violence of October 7 but also on the quiet resilience and ongoing efforts to heal and rebuild.
The book opens with the…
New Fashion Startup The Casual Lady Donates Homecoming Gown to Local Student, La …
Despite being a newly launched fashion company, The Casual Lady demonstrates early commitment to community support by donating a homecoming gown to a local high school student. The startup, focused on combining comfort with style for everyday women, plans to expand charitable giving as the company grows.
Community involvement often takes years for businesses to develop, but The Casual Lady is challenging that timeline by launching their company with immediate charitable…
SendTurtle Introduces Affordable, Smart eSignature Platform for Startup Founders …
New feature allows seamless document sharing and signing in one affordable, frictionless workflow.
Arlington, VA - Sep 30, 2025 - SendTurtle, the fast, secure, and intelligent document sharing platform, today announced the upcoming release of its latest feature: eSignatures, available to all Pro plan users in October 2025. This release positions SendTurtle as the smartest platform to sign, send, and summarize documents and slide decks.
Designed to make business-critical workflows more efficient,…
Luxe Pets Mart Debuts Six Revolutionary Vet-Approved Grooming Products for Moder …
Luxe Pets Mart launches an exclusive collection of six scientifically proven grooming essentials, including FurEver Clear Eyes wipes and Fresh Pup No-Rinse Shampoo. The startup combines luxury pet care with advanced, pet-safe formulations designed for convenience and efficacy.
Luxe Pets Mart is making a significant impact in the pet care industry with the launch of its groundbreaking collection of six vet-approved grooming essentials, each designed to address specific wellness needs while…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
