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

What Is the Estimated Market Size of the Vascular Stent Market In 2029?

The size of the vascular stent market has seen significant expansion in the past few years. The market, which would be valued at $15.85 billion in 2024, is projected to reach a value of $17.36 billion in 2025, indicating a compound annual growth rate (CAGR) of 9.5%. This marked growth during the historic period can be traced back to various factors such as clinical research and development, the usage of drug-eluting stents (des), the inception of balloon angioplasty, pioneering innovations in stent technology, and enhancements in physician training and skill development.

In the forthcoming years, the vascular stent market is projected to experience significant expansion. The market is forecasted to escalate to $25.76 billion in 2029, with a compound annual growth rate (CAGR) of 10.4%. The market’s expansion during this period is attributable to several factors, including an emphasis on preventative cardiovascular care, a transition towards outpatient procedures, cost-effectiveness, value-based healthcare, bioabsorbable stents, and next-gen materials. The expansion of endovascular surgeries also fuels this growth. Key trends to note during this forecast period encompass enhancements in stent coating and materials, increasing patient enlightenment and cognizance, a shift towards outpatient facilities, and a focus on cost-efficiency.

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Which Factors and External Forces Are Driving Demand in the Vascular Stent Market?

The growth of the vascular stent market is expected to be driven by an increase in the prevalence of vascular diseases. Vascular disease, a type of cardiovascular disorder, impairs the function of blood vessels, namely arteries and veins. Vascular stents play a critical role in treating these diseases by facilitating the circulation of oxygen-rich blood to the heart. For instance, the Center for Disease Control and Prevention, a prominent US-based public health agency, reported in May 2023 that in 2022 about 702,880 individuals succumbed to heart disease in the United States, representing 1 in every 5 deaths. Consequently, the escalating rate of cardiovascular diseases (CVDs) is anticipated to fuel the expansion of the vascular stent market.

Which Segments in the Vascular Stent Offer the Most Growth?

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

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What Are the Fastest-Growing Geographies in the Vascular Stent Market?

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.

Which Cutting-Edge Market Trends Are Expected to Drive theVascular Stent Market’s Growth?

The rise of technology plays a significant role in the progress of the vascular stent market, a fact that is currently trending. To gain leverage in the market, various firms are directing investments towards the development of bio-sensing apparatus, advanced integrated stents, and systems that elude drugs within coronary stents. For example, Translumina, a company based out of India that manufactures medical equipment, debuted VIVO ISAR, a dual drug polymer-free coated stent (DDCS) of the latest generation, to the market in 2022. This innovative product combines a stent with an optimal safety profile yet does not compromise on the kinetics of drug release. It employs Probucol, a drug known to lower lipids and function as an antioxidant, to release Sirolimus (a medication to prevent restenosis), thus forming a polymer-free DES platform maintaining both safety and effectiveness.

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What Are the Key Elements That Define the Vascular Stent Market?

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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