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How has the iliac stent market grown over the years?

In recent times, the iliac stent market has witnessed robust growth. The market size is projected to expand from $1.02 billion in 2024 to $1.09 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.2%. The notable growth during the historic period is primarily due to the global expansion of the healthcare sector, heightened awareness about less invasive procedures, a surge in the demand for stenting procedures, an increase in the occurrence of iliac artery diseases, and enhancement in healthcare infrastructure.

What Is the forecasted market size and growth rate for the iliac stent market?

In the forthcoming years, the iliac stent market is predicted to witness a significant expansion, escalating to $1.43 billion by 2029 with a compound annual growth rate (CAGR) of 6.9%. This growth during the forecast period can be credited to a rise in peripheral artery diseases, an expanding elderly population, an increase in angioplasty procedures, a growing demand for minimally invasive surgeries, and a surge in diabetes cases. Other trends projected for this period encompass advancements in iliac stent technology, a rise in product clearances, developments in healthcare technology, broadening distribution channels, and the adoption of iliac stents in ambulatory surgical centers.

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What are the major factors driving growth in the iliac stent market?

The iliac stent market’s growth is anticipated to be propelled by the rising occurrences of peripheral artery diseases. These are circulatory disorders characterized by the narrowing or obstruction of arteries beyond the heart and brain. This increasing prevalence stems from factors like smoking, the growing elderly population, hypertension, and diabetes. Iliac stenting proves an efficient treatment solution for PAD patients as it not only enhances blood flow and alleviates symptoms, but also forecasts complications while being minimally intrusive and having a high success rate. For instance, the Society For Cardiovascular Angiography And Interventions, a US-based organization, reported in July 2023 that PAD impacts 8-10 million Americans annually and predicted that by 2050, 19 million Americans would be affected by PAD. Consequently, the rising incidences of peripheral artery diseases fuel the growth of the iliac stent market.

What key areas define the segmentation of the global 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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What are the top market players propelling the growth of the iliac stent industry?

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

What emerging trends are influencing the growth of the iliac stent market?

The iliac stent market boasts key players who are introducing unique products, such as iCast, aimed at making patient outcomes better and lowering the potential for problems. The iCast-covered stent system is an innovative way to manage iliac artery occlusive conditions, offering enhanced efficiency and a decreased risk of complications when compared to regular bare-metal stents. For illustration, Getinge, a healthcare firm based in Sweden, in October 2023, reported the commercial availability of the iCast-covered stent system in the US for the treatment of iliac arterial occlusive disease, with the approval of the Food and Drug Administration (FDA). This exhibit Getinge’s dedication to deliver top-tier products and assistance to medical practitioners and hospital networks in the US to manage this serious ailment.

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What regions are dominating the iliac stent market growth?

North America was the largest region in the iliac stent market in 2023. 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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