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Vascular Stent Market Size Forecasted To Achieve $25.76 Billion By 2029 With Steady Growth
The Vascular Stent Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Vascular Stent Market Size and Projected Growth Rate?
The size of the vascular stent market has been experiencing robust growth over the past few years. It's projected to increase from $15.85 billion in 2024 to $17.36 billion in 2025, representing a compound annual growth rate (CAGR) of 9.5%. The significant growth seen in the historical period is due to factors such as clinical research and development, the advent of drug-eluting stents (des), the introduction of balloon angioplasty, initial stent innovations, and the advancement of physician training and skills.
The size of the vascular stent market is predicted to experience substantial growth in the coming years, reaching $25.76 billion in 2029 with a compound annual growth rate (CAGR) of 10.4%. The anticipated growth within the forecast period can be credited to factors such as the emphasis on preventative cardiovascular care, the transition to outpatient procedures, cost-effectiveness and value-based healthcare, the introduction of bioabsorbable stents and next-generation materials, and expansion in endovascular interventions. Key trends that will shape the forecast period are improvements in stent coatings and materials, patient education and awareness, a shift towards outpatient settings, and an emphasis on cost-effectiveness.
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What Are the Major Segments in the Vascular Stent Market?
The vascular stent market covered in this report is segmented -
1) By Product: Coronary Stents, Peripheral Vascular Stents, Ever Stent Grafts
2) By Type: Bare Metal Stent, Bio-Engineered Stent, Bioresorbable Vascular Scaffold, Drug Eluting Stent, Dual Therapy Stent
3) By Material: Metallic Stents, Cobalt-Chromium, Platinum Chromium, Nickel Titanium, Stainless Steel, Polymers Stents
4) By Mode Of Delivery: Balloon-Expandable Stent, Self-Expanding Stent
5) By End-User: Ambulatory Surgical Center, Cardiac Center, Hospital
Subsegments:
1) By Coronary Stents: Drug-Eluting Coronary Stents, Bare Metal Coronary Stents
2) By Peripheral Vascular Stents: Drug-Eluting Peripheral Stents, Bare Metal Peripheral Stents
3) By EVAR Stent Grafts (Endovascular Aneurysm Repair): Aortoiliac Stent Grafts, Fenestrated Stent Grafts, Branch Stent Grafts
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What Are The Driving Vascular Stent Market Evolution?
The spike in the occurrence of vascular disorders is forecasted to drive the vascular stent market's expansion. Vascular diseases, which form part of the cardiovascular diseases (CVD) category, involve abnormal conditions that impact the blood vessels, including arteries and veins. Vascular stents play a crucial role in the treatment of various vascular diseases by facilitating the transport of oxygen-enriched blood to the heart. For example, in May 2023, the Center for Disease Control and Prevention, a national public health federal agency in the US, reported that approximately 702,880 individuals in the country died from heart diseases in 2022. This equates to 1 in every 5 deaths. Consequently, the rise in cardiovascular diseases (CVDs) will trigger the expansion of the vascular stent market.
Which Firms Dominate The Vascular Stent Market Segments?
Major companies operating in the vascular stent market are Medtronic PLC, Abbott Laboratories, Boston Scientific Corporation, Biotronik SE & Co. KG, B. Braun Melsungen AG, Terumo Corporation, Meril Life Sciences Pvt. Ltd., JOTEC GmbH, W. L. Gore & Associates Inc., MicroPort Scientific Corporation, Translumina GmbH, Lepu Medical Technology Co. Ltd., Purple Medical Solution Pvt. Ltd., Sahajanand Medical Technologies Pvt. Ltd., Stentys SA, Osypka AG, Cook Medical Inc., Cordis Corporation, Endologix Inc., Johnson & Johnson Inc., EP Medsystems Inc.
What Trends Are Expected to Dominate the Vascular Stent Market in the Next 5 Years?
The uptake of technological innovations is becoming a prevalent trend in the vascular stent market. Numerous firms are bolstering their competitive standing in the market by investing in bio-sensing instruments, advanced integrated stents, and drug-eluting coronary stent systems. For example, Translumina, a medical equipment manufacturer from India, unveiled VIVO ISAR, a new dual drug polymer-free coated stent (DDCS), in 2022. This product integrates a stent with an exceptional safety profile, without hindering the drug release kinetics. It employs Probucol, a lipid-lowering and antioxidant medication, as a medium for discharging Sirolimus, an anti-restenosis drug, thereby crafting a polymer-free DES platform with uncompromised safety and effectiveness.
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Which Is The Largest Region In The Vascular Stent Market?
North America was the largest region in the vascular stent market share in 2024. The regions covered in the vascular stent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vascular Stent Market?
2. What is the CAGR expected in the Vascular Stent Market?
3. What Are the Key Innovations Transforming the Vascular Stent Industry?
4. Which Region Is Leading the Vascular Stent Market?
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