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How Will the CAGR of the Vascular Stent Market Influence Its Overall Growth by 2034?

Significant growth has been seen in the vascular stent industry in the past few years. The industry, which is predicted to rise from $15.85 billion in 2024 to $17.36 billion in 2025, is forecasted to see a compound annual growth rate (CAGR) of 9.5%. The past growth can be linked to factors such as clinical studies and development, drug-eluting stents (des), the inception of balloon angioplasty, initial stent innovations, and the enhancement of physician training and skills.

The market size for vascular stents is projected to undergo substantial expansion in the upcoming years, rising to $25.76 billion in 2029, with a compound annual growth rate (CAGR) of 10.4%. The anticipated growth over the forecast period can be credited to an emphasis on preemptive cardiovascular healthcare, migration to outpatient procedures, value-oriented and cost-effective healthcare, the use of bioabsorbable stents and innovative materials, and the broadening of endovascular interventions. Upcoming trends for the forecast period encompass progress in stent coatings and materials, patient knowledge and awareness, the shift towards outpatient environments, and concentration on economical efficiency.

Which Major Market Drivers Are Expected to Boost the vascular stent Market’s Growth Potential?

The escalating prevalence of vascular ailments is projected to bolster the expansion of the vascular stent market in the future. Vascular illnesses pertain to abnormal states that impact the blood vessels, such as arteries and veins, and comprise the group of cardiovascular diseases (CVD). Vascular stents play a crucial role in the management of numerous vascular maladies by facilitating the transport of oxygen-abundant blood to the heart. For example, data from the Center for Disease Control and Prevention, a US federal public health organization, revealed that heart disease claimed the lives of approximately 702,880 individuals in the United States in 2022, accounting for 1 in 5 fatalities. Consequently, a surge in cardiovascular diseases (CVDs) will spur the progress of the vascular stent market.

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Who Are the Leading Companies Pioneering Change in the Vascular Stent Market?

Major companies operating in the vascular stent market are:

• Medtronic PLC_x000D_

• Abbott Laboratories_x000D_

• Boston Scientific Corporation_x000D_

• Biotronik SE & Co. KG_x000D_

• B. Braun Melsungen AG_x000D_

What Are the Most Significant Trends Transforming the Vascular Stent Market Today?

The vascular stent market is experiencing a significant trend with technology advancements. A plethora of companies are channeling investments into bio-sensing tools, innovative integrated stents, and drug-delivering coronary stent systems to gain market dominance. For instance, Translumina, a renowned medical equipment manufacturer from India, introduced VIVO ISAR in 2022. This is the latest generation dual drug polymer-free coated stent (DDCS) that marries a stent with a high safety standard without impacting the drug release kinetics. The stent utilizes Probucol, a lipid-lowering and antioxidant drug, as a delivery vehicle for Sirolimus, an anti-restenosis drug. This innovation paves the way for a polymer-free DES platform that doesn’t compromise on safety and effectiveness.

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What Are the Strategic Segments Comprising the Vascular Stent Market and Their Growth Contributions?

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

Which Regions Are Leading the Charge in Vascular Stent Market Development?

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.

How Is the Scope and Reach of the Vascular Stent Market Defined?

A vascular stent refers to the small metal mesh tubular scaffolds that are used to prevent acute vessel closure and improve blood flow when a vein or artery is too narrow or blocked, resulting in late restenosis in a variety of vessels, such as coronary arteries. The procedure in which these stents are used is known as ‘vascular stenting.’ These stents are placed to widen arteries clogged with deposits and to facilitate fast recovery by reducing the risk of infection and physical trauma.

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