Press release
Global Self-Expanding Stents Market to Reach $4.4 Billion by 2029, Growing at 5.81% CAGR
How Are the key drivers contributing to the expansion of the self-expanding stents market?The growing incidence of cardiovascular diseases is projected to drive the expansion of the self-expanding stents market. Cardiovascular diseases, which affect the heart and blood vessels, are becoming more common due to obesity, aging populations, and genetic factors. Self-expanding stents are effective in treating these conditions by offering minimally invasive solutions for both emergency and long-term care. For example, the British Heart Foundation reported that nearly 7.6 million people in the UK suffer from heart and circulatory diseases, accounting for about 27% of all deaths in the country. This rising prevalence is fueling the demand for self-expanding stents.
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What growth opportunities are expected to drive the self-expanding stents market's CAGR through 2034?
The self-expanding stents market has grown steadily in recent years. It will grow from $3.31 billion in 2024 to $3.51 billion in 2025, at a CAGR of 6.0%. This market's growth is attributed to greater awareness, an aging population, expanded use of stents beyond coronary arteries, higher disposable income, and the growing adoption of minimally invasive procedures.
The self-expanding stents market is expected to reach $4.4 billion by 2029 at a CAGR of 5.8%. The growth drivers include the rising prevalence of cardiovascular diseases, improved healthcare infrastructure, telemedicine expansion, increasing peripheral arterial disease incidence, and the rise in chronic diseases. Trends include advancements in technology, bioresorbable stents, drug-eluting stents, minimally invasive procedures, and AI integration.
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What are the emerging trends shaping the future of the self-expanding stents market?
Companies in the self-expanding stents market are introducing new solutions like tracheal stent systems to reduce the need for invasive surgeries. For example, in February 2022, Micro-Tech Endoscopy launched a tracheobronchial nitinol Y-stent, designed to treat tracheal stenosis and collapse. This flexible, self-expanding stent offers repositionable sutures, a silicone coating to prevent tumor growth, and a low-profile delivery mechanism, improving airflow and reducing symptoms in patients.
Which growth-oriented segments of the self-expanding stents market are leading the industry's development?
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 geographical regions are pioneering growth in 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 companies are at the forefront of innovation in 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
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What Is Covered In The Self-Expanding Stents Global Market Report?
•Market Size Forecast: Examine the self-expanding stents market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the self-expanding stents market for a structured understanding.
•Key Players Overview: Analyze major players in the self-expanding stents market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the self-expanding stents market.
•Segment Contributions: Evaluate how different segments drive overall growth in the self-expanding stents market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the self-expanding stents market.
•Industry Challenges: Identify potential risks and obstacles affecting the self-expanding stents market.
•Competitive Landscape: Review strategic developments in the self-expanding stents market, including expansions, agreements, and new product launches.
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