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Medical Stents Market Size, Share, Trends, Growth Outlook

Medical Stents Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type( Coronary Stents (Drug-Eluting Stents, Bare-Metal Coronary Stents, Bioabsorbable Stents), Peripheral Stents (Iliac, Femoral-Popliteal, Renal, Carotid), Stent-Related Implants (Synthetic Grafts, Vena Cava Filters)), Application ( Surgical, Medical Intervention), Material ( Metallic Biomaterials, Polymers Biomaterials, Natural Biomaterials), Mode Of Delivery ( Self-Expanding Stents, Balloon-Expandable Stents), End Users ( Hospitals, Ambulatory Surgical Centers, Others), and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 187

The Global Medical Stents Market Size is estimated to register 7.5% growth over the forecast period from 2024 to 2030.

 

The market growth is driven by an increasing the medical stents market is experiencing significant growth in emerging markets due to factors such as increasing healthcare expenditure, improving access to healthcare facilities, and a growing burden of cardiovascular diseases. Countries in Asia-Pacific, Latin America, and the Middle East are witnessing rapid urbanization, lifestyle changes, and aging populations, leading to a higher prevalence of conditions like coronary artery disease and peripheral artery disease. As a result, there is a rising demand for stent procedures to treat these conditions, driving market expansion in these regions. Furthermore, initiatives aimed at improving healthcare infrastructure and expanding insurance coverage are further contributing to market growth in emerging economies. Leading Companies focusing on Nanotechnology Integration, Biodegradable and Smart Stents, Regenerative Medicine Approaches, and others to boost market shares in the industry.

 

Medical Stents Market Overview

The medical stents market is a dynamic segment of the medical devices industry focused on treating cardiovascular diseases through the insertion of mesh-like tubes into narrowed or blocked blood vessels. With a focus on coronary, peripheral, biliary, and gastrointestinal applications, the market has seen significant growth driven by factors like technological advancements, including drug-eluting and bioresorbable stents, and a growing demand for minimally invasive procedures. Regulatory oversight, particularly from agencies like the FDA and EMA, shapes product development and market entry, while competition among major players like Abbott, Boston Scientific, and Medtronic drives innovation and market expansion through strategic partnerships and product launches. Despite growth opportunities, challenges such as regulatory hurdles and pricing pressures remain key considerations for industry stakeholders.

 

Medical Stents Market Dynamics

Medical Stents Market Trends- Groundbreaking material advancements are revolutionizing the Medical Stents Market.

Significant advancements in materials are reshaping the landscape of the medical stents market, bringing forth notable improvements in effectiveness, safety, and patient well-being. Among these breakthroughs is the emergence of bioresorbable stents, which gradually break down within the body post-treatment, eradicating the need for long-term foreign materials and decreasing risks like late stent thrombosis. Utilizing materials such as polylactic acid (PLA) and polyglycolic acid (PGA), bioresorbable stents ensure biocompatibility and controlled degradation rates. Moreover, strides in nanotechnology have paved the way for nanostructured materials in stent coatings, enhancing drug delivery and promoting better endothelialization. These coatings, often comprising biodegradable polymers or nanoparticles, enable targeted drug release, fostering quicker vessel wall healing and mitigating risks like restenosis and thrombosis. Additionally, the integration of smart materials and sensors into stent designs offers real-time monitoring of vascular conditions and drug release kinetics, enabling tailored treatment strategies and improving patient outcomes. As these pioneering material advancements continue to progress, they hold the potential to drive further innovation in the medical stents market, ultimately benefiting individuals worldwide affected by cardiovascular ailments.

Market Driver- The rising number of people with cardiovascular diseases is fueling the growth of the medical stents market.

The escalating prevalence of cardiovascular diseases is a major catalyst propelling the growth of the medical stents market. According to the World Health Organization (WHO), cardiovascular diseases (CVDs) stand as the foremost cause of global mortality, with an estimated 17.9 million deaths annually. With risk factors such as hypertension, obesity, and diabetes on the rise, the incidence of CVDs, including coronary artery disease and peripheral artery disease, is increasing correspondingly. This mounting disease burden underscores the urgent necessity for effective treatment modalities to restore blood flow and avert adverse cardiac events. Medical stents emerge as pivotal in addressing these conditions, offering a minimally invasive approach to reinstating patency in narrowed or obstructed blood vessels. By furnishing mechanical reinforcement and enabling localized drug delivery to deter restenosis, stents substantially enhance patient outcomes and quality of life. Consequently, the burgeoning demand for stent procedures, propelled by the escalating prevalence of cardiovascular diseases, is poised to drive significant expansion within the medical stent market in the foreseeable future.

Market Opportunity- The medical stents market is fueled by the increasing popularity of minimally invasive procedures, where stents play a crucial role in facilitating access and treatment.

The surge in popularity of minimally invasive procedures has profoundly impacted the trajectory of the medical stents market. Techniques like percutaneous coronary intervention (PCI) and peripheral vascular intervention (PVI) offer numerous benefits compared to conventional open surgeries, including faster recovery times, shorter hospital stays, and reduced risk of complications. Stents are integral to these procedures, providing crucial structural support to keep blood vessels open and ensure proper blood flow. Furthermore, ongoing advancements in stent design, materials, and delivery systems have bolstered procedural outcomes and enhanced patient safety, driving their widespread adoption in minimally invasive interventions. With healthcare providers and patients increasingly favoring less invasive treatment approaches, the demand for stents as a pivotal component in these procedures is poised to escalate, thereby catalyzing the continued expansion of the medical stents market.

Market Share Analysis- Medical Intervention Medical Stents Market will register the fastest growth

The Global Medical Stents Market is analyzed across Surgical, Medical Intervention, and others.  Medical Intervention is poised to register the fastest growth. Medical intervention, comprising procedures like percutaneous coronary intervention (PCI) and peripheral vascular intervention (PVI), is a pivotal application segment within the medical stents market. This segment focuses on utilizing stents to treat cardiovascular and other conditions through minimally invasive procedures. Market analysis, research articles, and regulatory updates highlight the growth and advancements in stent technologies tailored for these interventions, aiming to improve outcomes, reduce complications, and enhance patient safety.

Market Share Analysis- Metallic Biomaterials held a significant market share in 2024

The Global Medical Stents Market is analyzed across various materials including Metallic Biomaterials, Polymers Biomaterials, Natural Biomaterials, and others. Of these, Metallic Biomaterials held a significant market share in 2024. Metallic biomaterials are pivotal in the medical stents market, offering durability and flexibility for cardiovascular interventions like PCI and PVI. Stents made from materials like stainless steel and cobalt-chromium alloy provide structural support to keep blood vessels open, while advancements have led to drug-eluting stents improving long-term outcomes. As a result, metallic biomaterials remain dominant in the market, meeting the demand for effective and durable stent solutions.

 

Medical Stents Market Segmentation

By Type

  • Coronary Stents (Drug-Eluting Stents, Bare-Metal Coronary Stents, Bioabsorbable Stents)
  • Peripheral Stents (Iliac, Femoral-Popliteal, Renal, Carotid)
  • Stent-Related Implants (Synthetic Grafts, Vena Cava Filters)

 

By Application

  • Surgical
  • Medical Intervention

 

By Material

  • Metallic Biomaterials
  • Polymers Biomaterials
  • Natural Biomaterials

 

By Mode Of Delivery

  • Self-Expanding Stents
  • Balloon-Expandable Stents

 

By End User

  • Hospitals
  • Ambulatory Surgical centers
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Medical Stents Market Companies

  • Abbott Laboratories (United States)
  • B.Braun (Germany)
  • Biosensors International (Singapore)
  • Biotronik (Germany)
  • Boston Scientific Corporation (United States)
  • Medtronic (United States)
  • Stryker Corporation (United States)
  • Terumo Corporation (Japan)
  • Lepu Medical (China)

 

*List not exhaustive

Medical Stents Market Outlook 2024

1 Market Overview

1.1 Introduction to the Medical Stents Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Medical Stents Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Medical Stents Market Companies with Area Served

4.2.2 Products Offerings Global Medical Stents Market

 

5 Recession Impact Analysis and Outlook Scenarios

5.1.1 Recission Impact Analysis

5.1.2 Market Growth Scenario- Base Case

5.1.3 Market Growth Scenario- Reference Case

5.1.4 Market Growth Scenario- High Case

 

6 Global Medical Stents Market Trends

6.1 Global Medical Stents Revenue (USD Million) and CAGR (%) by Type (2018-2032)

6.2 Global Medical Stents Revenue (USD Million) and CAGR (%) by Applications (2018-2032)

6.3 Global Medical Stents Revenue (USD Million) and CAGR (%) by regions (2018-2032)

 

7 Global Medical Stents Market Revenue (USD Million) by Type, and Applications (2018-2023)

7.1 Global Medical Stents Revenue (USD Million) by Type (2018-2023)

7.1.1 Global Medical Stents Revenue (USD Million), Market Share (%) by Type (2018-2023)

7.2 Global Medical Stents Revenue (USD Million) by Applications (2018-2023)

7.2.1 Global Medical Stents Revenue (USD Million), Market Share (%) by Applications (2018-2023)

 

8 Global Medical Stents Development Regional Status and Outlook

8.1 Global Medical Stents Revenue (USD Million) By Regions (2018-2023)

8.2 North America Medical Stents Revenue (USD Million) by Type, and Application (2018-2023)

8.2.1 North America Medical Stents Revenue (USD Million) by Country (2018-2023)

8.2.2 North America Medical Stents Revenue (USD Million) by Type (2018-2023)

8.2.3 North America Medical Stents Revenue (USD Million) by Applications (2018-2023)

8.3 Europe Medical Stents Revenue (USD Million), by Type, and Applications (USD Million) (2018-2023)

8.3.1 Europe Medical Stents Revenue (USD Million), by Country (2018-2023)

8.3.2 Europe Medical Stents Revenue (USD Million) by Type (2018-2023)

8.3.3 Europe Medical Stents Revenue (USD Million) by Applications (2018-2023)

8.4 Asia Pacific Medical Stents Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2023)

8.4.1 Asia Pacific Medical Stents Revenue (USD Million) by Country (2018-2023)

8.4.2 Asia Pacific Medical Stents Revenue (USD Million) by Type (2018-2023)

8.4.3 Asia Pacific Medical Stents Revenue (USD Million) by Applications (2018-2023)

8.5 South America Medical Stents Revenue (USD Million), by Type, and Applications (2018-2023)

8.5.1 South America Medical Stents Revenue (USD Million), by Country (2018-2023)

8.5.2 South America Medical Stents Revenue (USD Million) by Type (2018-2023)

8.5.3 South America Medical Stents Revenue (USD Million) by Applications (2018-2023)

8.6 Middle East and Africa Medical Stents Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2023)

8.6.1 Middle East and Africa Medical Stents Revenue (USD Million) by Country (2018-2023)

8.6.2 Middle East and Africa Medical Stents Revenue (USD Million) by Type (2018-2023)

8.6.3 Middle East and Africa Medical Stents Revenue (USD Million) by Applications (2018-2023)

 

9 Company Profiles

 

10 Global Medical Stents Market Revenue (USD Million), by Type, and Applications (2024-2032)

10.1 Global Medical Stents Revenue (USD Million) and Market Share (%) by Type (2024-2032)

10.1.1 Global Medical Stents Revenue (USD Million), and Market Share (%) by Type (2024-2032)

10.2 Global Medical Stents Revenue (USD Million) and Market Share (%) by Applications (2024-2032)

10.2.1 Global Medical Stents Revenue (USD Million), and Market Share (%) by Applications (2024-2032)

 

11 Global Medical Stents Development Regional Status and Outlook Forecast

11.1 Global Medical Stents Revenue (USD Million) By Regions (2024-2032)

11.2 North America Medical Stents Revenue (USD Million) by Type, and Applications (2024-2032)

11.2.1 North America Medical Stents Revenue (USD) Million by Country (2024-2032)

11.2.2 North America Medical Stents Revenue (USD Million), by Type (2024-2032)

11.2.3 North America Medical Stents Revenue (USD Million), Market Share (%) by Applications (2024-2032)

11.3 Europe Medical Stents Revenue (USD Million), by Type, and Applications (2024-2032)

11.3.1 Europe Medical Stents Revenue (USD Million), by Country (2024-2032)

11.3.2 Europe Medical Stents Revenue (USD Million), by Type (2024-2032)

11.3.3 Europe Medical Stents Revenue (USD Million), by Applications (2024-2032)

11.4 Asia Pacific Medical Stents Revenue (USD Million) by Type, and Applications (2024-2032)

11.4.1 Asia Pacific Medical Stents Revenue (USD Million), by Country (2024-2032)

11.4.2 Asia Pacific Medical Stents Revenue (USD Million), by Type (2024-2032)

11.4.3 Asia Pacific Medical Stents Revenue (USD Million), by Applications (2024-2032)

11.5 South America Medical Stents Revenue (USD Million), by Type, and Applications (2024-2032)

11.5.1 South America Medical Stents Revenue (USD Million), by Country (2024-2032)

11.5.2 South America Medical Stents Revenue (USD Million), by Type (2024-2032)

11.5.3 South America Medical Stents Revenue (USD Million), by Applications (2024-2032)

11.6 Middle East and Africa Medical Stents Revenue (USD Million), by Type, and Applications (2024-2032)

11.6.1 Middle East and Africa Medical Stents Revenue (USD Million), by region (2024-2032)

11.6.2 Middle East and Africa Medical Stents Revenue (USD Million), by Type (2024-2032)

11.6.3 Middle East and Africa Medical Stents Revenue (USD Million), by Applications (2024-2032)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Medical Stents Market Companies with Areas Served

Table 3 Products Offerings Global Medical Stents Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Medical Stents Revenue (USD Million) And CAGR (%) By Type (2018-2032)

Table 8 Global Medical Stents Revenue (USD Million) And CAGR (%) By Applications (2018-2032)

Table 9 Global Medical Stents Revenue (USD Million) And CAGR (%) By Regions (2018-2032)

Table 10 Global Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 11 Global Medical Stents Revenue Market Share (%) By Type (2018-2023)

Table 12 Global Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 13 Global Medical Stents Revenue Market Share (%) By Applications (2018-2023)

Table 14 Global Medical Stents Market Revenue (USD Million) By Regions (2018-2023)

Table 15 Global Medical Stents Market Share (%) By Regions (2018-2023)

Table 16 North America Medical Stents Revenue (USD Million) By Country (2018-2023)

Table 17 North America Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 18 North America Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 19 Europe Medical Stents Revenue (USD Million) By Country (2018-2023)

Table 20 Europe Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 21 Europe Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 22 Asia Pacific Medical Stents Revenue (USD Million) By Country (2018-2023)

Table 23 Asia Pacific Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 24 Asia Pacific Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 25 South America Medical Stents Revenue (USD Million) By Country (2018-2023)

Table 26 South America Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 27 South America Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 28 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2018-2023)

Table 29 Middle East and Africa Medical Stents Revenue (USD Million) By Type (2018-2023)

Table 30 Middle East and Africa Medical Stents Revenue (USD Million) By Applications (2018-2023)

Table 31 Financial Analysis

Table 32 Global Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 33 Global Medical Stents Revenue Market Share (%) By Type (2024-2032)

Table 34 Global Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 35 Global Medical Stents Revenue Market Share (%) By Applications (2024-2032)

Table 36 Global Medical Stents Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2032)

Table 37 North America Medical Stents Revenue (USD)By Country (2024-2032)

Table 38 North America Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 39 North America Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 40 Europe Medical Stents Revenue (USD Million) By Country (2024-2032)

Table 41 Europe Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 42 Europe Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 43 Asia Pacific Medical Stents Revenue (USD Million) By Country (2024-2032)

Table 44 Asia Pacific Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 45 Asia Pacific Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 46 South America Medical Stents Revenue (USD Million) By Country (2024-2032)

Table 47 South America Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 48 South America Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 49 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2024-2032)

Table 50 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2024-2032)

Table 51 Middle East and Africa Medical Stents Revenue (USD Million) By Type (2024-2032)

Table 52 Middle East and Africa Medical Stents Revenue (USD Million) By Applications (2024-2032)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 4 Global Medical Stents Revenue Market Share (%) By Type (2023)

Figure 5 Global Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 6 Global Medical Stents Revenue Market Share (%) By Applications (2023)

Figure 7 Global Medical Stents Market Revenue (USD Million) By Regions (2018-2023)

Figure 8 Global Medical Stents Market Share (%) By Regions (2023)

Figure 9 North America Medical Stents Revenue (USD Million) By Country (2018-2023)

Figure 10 North America Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 11 North America Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 12 Europe Medical Stents Revenue (USD Million) By Country (2018-2023)

Figure 13 Europe Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 14 Europe Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 15 Asia Pacific Medical Stents Revenue (USD Million) By Country (2018-2023)

Figure 16 Asia Pacific Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 17 Asia Pacific Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 18 South America Medical Stents Revenue (USD Million) By Country (2018-2023)

Figure 19 South America Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 20 South America Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 21 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2018-2023)

Figure 22 Middle East and Africa Medical Stents Revenue (USD Million) By Type (2018-2023)

Figure 23 Middle East and Africa Medical Stents Revenue (USD Million) By Applications (2018-2023)

Figure 24 Global Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 25 Global Medical Stents Revenue Market Share (%) By Type (2030)

Figure 26 Global Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 27 Global Medical Stents Revenue Market Share (%) By Applications (2030)

Figure 28 Global Medical Stents Market Revenue (USD Million) By Regions (2024-2032)

Figure 29 North America Medical Stents Revenue (USD Million) By Country (2024-2032)

Figure 30 North America Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 31 North America Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 32 Europe Medical Stents Revenue (USD Million) By Country (2024-2032)

Figure 33 Europe Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 34 Europe Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 35 Asia Pacific Medical Stents Revenue (USD Million) By Country (2024-2032)

Figure 36 Asia Pacific Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 37 Asia Pacific Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 38 South America Medical Stents Revenue (USD Million) By Country (2024-2032)

Figure 39 South America Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 40 South America Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 41 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2024-2032)

Figure 42 Middle East and Africa Medical Stents Revenue (USD Million) By Region (2024-2032)

Figure 43 Middle East and Africa Medical Stents Revenue (USD Million) By Type (2024-2032)

Figure 44 Middle East and Africa Medical Stents Revenue (USD Million) By Applications (2024-2032)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

Medical Stents Market Segmentation

By Type

  • Coronary Stents (Drug-Eluting Stents, Bare-Metal Coronary Stents, Bioabsorbable Stents)
  • Peripheral Stents (Iliac, Femoral-Popliteal, Renal, Carotid)
  • Stent-Related Implants (Synthetic Grafts, Vena Cava Filters)

 

By Application

  • Surgical
  • Medical Intervention

 

By Material

  • Metallic Biomaterials
  • Polymers Biomaterials
  • Natural Biomaterials

 

By Mode Of Delivery

  • Self-Expanding Stents
  • Balloon-Expandable Stents

 

By End User

  • Hospitals
  • Ambulatory Surgical centers
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)