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What is the Long-Term Projected Growth Rate for the Self-Expanding Stents Market, and What Are the Key Drivers?

The market size for self-expanding stents has experienced robust growth in past years. The sector is projected to expand from $3.31 billion in 2024 to $3.51 billion in 2025, maintaining a compound annual growth rate (CAGR) of 6.0%. The growth in previous years is mainly due to factors such as increased awareness, rise in the elderly population, broader indications for stent usage outside of coronary arteries, surge in disposable income levels, and an uptick in the acceptance of minimally invasive procedures.

Boosted growth is expected in the self-expanding stents market in the coming years, with size growth projected to hit $4.4 billion by 2029 at a compound annual growth rate (CAGR) of 5.8%. This growth during the projected period can be related to the escalating occurrence of cardiovascular diseases, growth in the healthcare infrastructure, adoption of telemedicine services for distant consultations, growing cases of peripheral arterial disease, and increasing chronic disease prevalence. Forecast period trends include technological progression, bioresorbable stents, drug-eluting stents, less invasive procedures, and the incorporation of artificial intelligence.

What Combination of Drivers Is Leading to Accelerated Growth in the Self-Expanding Stents Market?

The increasing occurrence of cardiovascular conditions is anticipated to stimulate the expansion of the self-expanding stents market. Cardiovascular conditions are disorders related to the heart and blood vessels. The rise in such diseases is attributed to factors like obesity, an aging population, and genetic predispositions. Self-expanding stents play a significant role in the treatment of cardiovascular medical conditions as they offer efficient and minimally invasive treatment options for immediate and long-term patient needs. For instance, the British Heart Foundation, a renowned cardiovascular research charity based in the UK, reported in September 2024, that nearly 7.6 million people in the UK, including approximately 4 million men and 3.6 million women, suffer from heart and circulatory diseases. These conditions account for around 27% of total fatalities in the UK, representing over 170,000 deaths per year or almost 480 deaths per day, amounting to one death every three minutes. Hence, the escalating occurrence of cardiovascular conditions is fuelling the expansion of the self-expanding stents market.

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Which Companies Are Leading the Charge in Expanding 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

What New Trends Are Reshaping the Self-Expanding Stents Market and Its Opportunities?

Leading corporations in the self-expanding stents industry are honing in on presenting solutions like tracheal stent systems to decrease the necessity of invasive surgery and gain a competitive advantage in the marketplace. A tracheal stent system is a clinical tool utilized to fortify and preserve the openness of the trachea, often used in scenarios of tracheal tightening or breakdown. To name an example, in February 2022, Micro-Tech Endoscopy Inc., a medical technology firm from the United States, unveiled a tracheobronchial nitinol y-stent. This stent, a flexible, self-exapanding component made of a nitinol alloy, comes with a discreet delivery mechanism, a silicone layer to ward off tumor development, and movable sutures for adjustments or removal. This stent alleviates symptoms in those suffering from tracheobronchial constrictions by widening the airway and improving airflow.

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How Are Key Segments Defining the Competitive Landscape of the Self-Expanding Stents Market?

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

What Are the Top Regions Fueling 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 Are the Defining Features of the Self-Expanding Stents Market?

Self-expanding stents are medical devices designed to open and maintain the patency (openness) of narrowed or blocked blood vessels or tubular structures within the body. These stents are made of flexible materials, often metal alloys such as nitinol, which have the property of self-expansion when deployed in the body. The purpose of self-expanding stents is to treat various medical conditions characterized by the narrowing or occlusion of blood vessels or other tubular structures.

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