Iliac Stent Industry Anticipated to Expand at 6.8% CAGR During the Forecast Period

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#What Is The Projected Market Size Of The Iliac Stent Market By 2029?

Significant expansion has been observed recently within the market for iliac stents, projecting an increase from its 2024 valuation of $1.02 billion to $1.09 billion by 2025, reflecting a consistent compounded annual growth rate of 6.5%; this historical upward trajectory stems from several key factors, including the burgeoning worldwide healthcare sector, heightened public knowledge regarding less invasive surgical techniques, a growing need for stenting operations, a higher prevalence of iliac artery pathologies, and enhancements in the availability and quality of medical facilities.

Projected to experience robust expansion shortly, the market encompassing iliac stents is anticipated to reach a valuation of $1.41 billion by the year 2029, demonstrating a consistent annual growth rate approximating 6.8%. This anticipated upswing through the forecast horizon is fundamentally driven by several key factors, including the rising occurrence of peripheral artery conditions, the swelling demographic of elderly individuals, a greater volume of angioplasty procedures being performed, the escalating demand for minimally invasive interventions, and the growing rate of diabetes diagnoses. Furthermore, significant movement within this market during the coming years will be characterized by innovations in iliac stent technology, a greater quantity of regulatory clearances for new products, broader progress in general medical device engineering, the extension of sales and supply channels, and the greater incorporation of iliac stents in ambulatory care facilities.

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Which Industry Drivers Are Expected To Accelerate The Iliac Stent Market From 2025 To 2029?

The escalating incidence of conditions affecting the peripheral arteries is anticipated to act as a major catalyst for the expansion of the market dedicated to iliac stents in the foreseeable future. Peripheral Artery Disease (PAD), a vascular disorder marked by significant narrowing or total obstruction within arteries situated away from the heart and the brain, is becoming more widespread, frequently attributed to factors like tobacco use, advancing demographics, elevated blood pressure, and diabetes mellitus. Iliac stenting presents itself as a highly efficacious therapeutic approach for individuals suffering from PAD, delivering enhanced perfusion, alleviation of discomfort, and mitigation of potential adverse outcomes, all while maintaining a minimally invasive profile and demonstrating a strong track record of positive results. To illustrate the scope, data released in July 2023 by the Society For Cardiovascular Angiography And Interventions, an organization based in the United States, indicated that PAD impacts between 8 and 10 million US citizens annually, projecting this number to climb to an estimated 19 million Americans by the year 2050; consequently, the rising frequency of these peripheral arterial ailments directly fuels the demand within the iliac stent sector.

What Are The Emerging Segments Gaining Attention In The Iliac Stent Market?

The iliac stentmarket 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

How Are Emerging Market Trends Shaping The Iliac Stent Industry Landscape?

Leading entities within the iliac stent field are focused on engineering novel devices, like the iCast system, aiming to enhance patient recovery while simultaneously mitigating the possibility of adverse events. This iCast-covered stent apparatus embodies a forward-thinking methodology for managing occlusive conditions of the iliac artery, providing superior functionality and a lower chance of complications when contrasted with older bare-metal options. Specifically, in October of 2023, Getinge, a Swedish healthcare provider, declared that the iCast-covered stent system had received US Food and Drug Administration (FDA) approval and was now commercially accessible in the United States for addressing iliac arterial occlusive disease, an authorization that underscores Getinge’s dedication to furnishing American healthcare providers and facilities with premium solutions for managing this serious ailment.

Who Are The Top Performing Companies In The Iliac Stent Market In Recent Years?

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

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What Regional Growth Trends Are Shaping The Iliac Stent Market Outlook?

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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