Iliac Stent Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Iliac Stent Market Size By 2025?
The market size for iliac stents has experienced robust growth in the past few years. Its expansion is expected to continue, moving from $1.02 billion in 2024 to $1.09 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.5%. This growth during the historic period has been spurred by factors like the enlargement of the global healthcare industry, heightened consciousness about less invasive medical procedures, a surge in demand for stenting operations, increased occurrence of iliac artery ailments, and enhancements in healthcare infrastructure.

How Big Is the Iliac Stent Market Size Expected to Grow by 2029?
In the coming years, the iliac stent market is predicted to experience significant growth, reaching $1.41 billion by 2029 with a compound annual growth rate (CAGR) of 6.8%. This growth during the forecast period is likely due to the rising rate of peripheral artery diseases, an aging population, an increase in angioplasty procedures, a need for less invasive operations, and a growing number of diabetes cases. It's also worth noting some key trends for the forecast period, including advancements in the technology of iliac stents, a growing number of product approvals, medical technology advancements, expanded distribution networks, and the utilization of iliac stents in outpatient circumstances.

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Which Key Market Drivers Powering Iliac Stent Market Expansion and Growth?
The rise in occurrence of peripheral artery diseases is likely to fuel the expansion of the iliac stent market in the future. This vascular disorder, Peripheral artery disease (PAD), leads to the contraction or obstruction of arteries beyond the heart and brain. High frequency of peripheral artery diseases is due to factors like smoking, an ageing population, diabetes, and high blood pressure. Iliac stenting, being a successful and minimally invasive procedure, provides patients with PAD improved blood circulation, symptom alleviation, and safeguards them from further issues. For example, the Society For Cardiovascular Angiography And Interventions, a US-based organization, indicated in July 2023 that PAD impacts 8-10 million Americans annually, and it's projected that by 2050, this number will rise to 19 million. Hence, the escalating incidence of peripheral artery diseases is a driving factor for the iliac stent market.

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What Are the Key Trends Driving Iliac Stent Market Growth?
Leading firms in the iliac stent market, like the iCast, are in the process of developing cutting-edge products to enhance patient outcomes and decrease complication risks. The iCast-covered stent system is a novel method for treating the iliac artery occlusive disease, with improved efficiency and decreased complication risks in comparison to conventional bare-metal stents. For instance, Getinge, a healthcare company based in Sweden, declared the commercial accessibility of the iCast-covered stent system in the US in October 2023, which is approved by the Food and Drug Administration (FDA) for the treatment of iliac arterial occlusive disease. This approval underlines Getinge's commitment to provide top-quality goods and support to US clinicians and hospital networks to treat this grave condition.

What Are the Emerging Segments in the Iliac Stent Market?
The iliac stent market covered in this report is segmented -

1) By Type: Self-Expandable Stents, Balloon-Expandable Stents, Other Types
2) By Artery Lesions: Common Iliac Artery Lesions, Severe Calcified Lesions, Complete Obstructive Lesions
3) By End-Users: Hospitals, Outpatient Facilities, Other End-Users

Subsegments:
1) By Self-Expandable Stents: Nitinol Self-Expandable Stents, Polymer-Coated Self-Expandable Stents
2) By Balloon-Expandable Stents: Bare-Metal Balloon-Expandable Stents, Drug-Eluting Balloon-Expandable Stents
3) By Other Types: Covered Stents, Hybrid Stents

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Who Are the Global Leaders in the Iliac Stent Market?
Major companies operating in the iliac stent market are Cardinal Health Inc., Abbott Laboratories, Medtronic Plc, Becton, Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, W. L. Gore & Associates Inc., C. R. Bard Inc., Getinge AB, Cook Medical LLC, Biotronik SE & Co. KG, MicroPort Scientific Corporation, Cordis Corporation, Endologix Inc., LeMaitre Vascular Inc., Alvimedica, Clearstream Technologies Ltd., Jotec GmbH, Translumina GmbH, Vascular Concepts Limited, Lombard Medical Technologies, Acandis GmbH, Gore Medical, Medizintechnik GmbH

Which are the Top Profitable Regional Markets for the Iliac Stent Industry?
North America was the largest region in the iliac stent market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the iliac stent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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