Discover trends, market shifts, and competitive outlooks for the self-expanding stents industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has the Self-Expanding Stents Market Growth Performance Trended Historically, And What Lies Ahead?3

There has been a notable increase in the size of the self-expanding stents market in previous years. The industry’s worth is estimated to rise from $3.31 billion in 2024 to $3.51 billion in the following year, exhibiting a compound annual growth rate (CAGR) of 6.0%. Factors such as heightened awareness, a rise in the elderly population, expansion of stent usage indications beyond coronary arteries, an increase in disposable income levels, and the popularization of minimally invasive procedures contribute to the growth witnessed in this historical period.

The market for self-expanding stents is predicted to experience solid growth in the forthcoming years. Its value is projected to reach $4.4 billion by 2029, with a compound annual growth rate of 5.8%. The upswing in the forecasted period can be linked to the rising prevalence of heart diseases, enhancement of healthcare infrastructure, proliferation of telemedicine facilities for remote consultations, escalating occurrence of peripheral arterial disease, and a surge in chronic diseases. Key trends anticipated during this forecasted period encompass technological evolution, bioresorbable stents, drug-eluting stents, minimally invasive techniques, and the incorporation of artificial intelligence.

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Which Factors and External Forces Are Driving Demand in the Self-Expanding Stents Market?

As the incidence of cardiovascular diseases increases, so does the projected growth of the self-expanding stents market. Heart and blood vessel anomalies are classified as cardiovascular diseases, and their increasing prevalence can be attributed to obesity, aging, and genetic factors. Self-expanding stents offer an effective and minimally invasive treatment option for cardiovascular diseases, catering to both immediate and long-term patient needs. As per the British Heart Foundation’s data released in September 2024, roughly 7.6 million people in the UK suffer from cardiovascular diseases, including about 4 million men and 3.6 million women. These diseases account for almost 27% of all fatalities in the UK, equating to more than 170,000 deaths yearly, or roughly 480 deaths daily. That translates to one death from cardiovascular disease every three minutes. Consequently, the increasing incidence of these diseases is propelling the self-expanding stents market’s growth.

How Is the Self-Expanding Stents Market Segmented?

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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What Are the Fastest-Growing Geographies 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.

Which Emerging Trends that Are Influencing the Self-Expanding Stents Industry Evolution?

Leading entities in the self-expanding stents market are concentrating on introducing innovative solutions like the tracheal stent system, with the aim of minimizing the requirement for invasive surgeries and gaining a competitive advantage. The tracheal stent system is a specialized medical tool designed to provide support and ensure the trachea remains open and is frequently utilized for tracheal stenosis or collapse. For example, in February 2022, Micro-Tech Endoscopy Inc., a medical technology firm based in the US, introduced a tracheobronchial nitinol y-stent. This flexible, self-expanding stent is made from a nitinol alloy and features a low-profile delivery system, a silicone coating to inhibit tumor growth, and adjustable sutures for repositioning or removing. This stent provides relief for those struggling with tracheobronchial strictures by improving the airway’s expansion and enhancing airflow.

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How Is the Self-Expanding Stents Market Defined and What Are Its Core Parameters?

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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