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How has the vascular stent market size evolved in recent years?

In recent years, the size of the vascular stent market has seen robust growth. The market is projected to expand from $15.85 billion in 2024 to $17.36 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.5%. The increase during the historic period can be ascribed to factors including clinical research and innovation, the development of drug-eluting stents (DES), the advent of balloon angioplasty, initial stent breakthroughs, and advancements in physician training and skill development.

What are the predictions for the vascular stent market size in the coming years?

Expectations are high for the vascular stent market size to surge significantly in the coming years. Projected to escalate to $25.76 billion by 2029, this represents a compound annual growth rate (CAGR) of 10.4%. Factors contributing to the anticipated growth in this period include an increased emphasis on preventive cardiovascular care, a move towards outpatient procedures, cost-effectiveness, the incorporation of value-based healthcare, the advent of bioabsorbable stents and next-generation materials, and the expansion of endovascular interventions. Several key trends within the forecast period contribute to this growth projection including advancements in stent coatings and materials, patient education and awareness, the movement towards outpatient settings, and an emphasis on cost effectiveness.

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What key factors are fueling the growth of the vascular stent market?

The escalation in cases of vascular diseases is anticipated to fuel the expansion of the vascular stent market. These diseases, which affect the blood vessels (both arteries and veins), are categorized under the broader umbrella of cardiovascular diseases (CVD). Vascular stents are a crucial part of the treatment for such ailments as they facilitate the transfer of oxygen-rich blood to the heart. For example, the US-based Center for Disease Control and Prevention revealed in May 2023 that heart disease claimed around 702,880 lives in the United States in 2022, equating to 1 in every 5 deaths. Hence, the prevalence of cardiovascular diseases (CVDs) is expected to spur the vascular stent market’s growth.

How is the global vascular stent market divided into key segments?

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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Who are the key firms paving the way for growth in the vascular stent market?

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.

Which trends are expected to transform the vascular stent market?

In the vascular stent market, technological innovation is a rising trend. Numerous firms are focusing on investments in biosensing technology, cutting-edge integrated stents, and drug-eluting coronary stent systems to maintain a competitive position in the market. As an illustration, in 2022, an Indian medical equipment firm named Translumina launched an advanced generation dual drug polymer-free coated stent (DDCS), VIVO ISAR. This novel stent offers a superior safety profile without affecting drug release kinetics. It employs Probucol, a drug noted for its antioxidant and lipid-lowering properties, to carry Sirolimus, an anti-restenosis drug, therefore offering a safe and highly effective polymer-free DES platform.

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What regions are contributing significantly to the growth of 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.

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