Stent Market Research Report By Type (Drug Eluting Stents, Bare Metal Stents, Bioresorbable Stents), By Material (Stainless Steel, Cobalt Chromium, Polymer), By Application (Coronary Artery Disease, Peripheral Artery Disease, Neurovascular Disease), By End Use (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)- Forecast to 2035

Global Stent Market Overview

As per MRFR analysis, the Stent Market Size was estimated at 8.94 (USD Billion) in 2023. The Stent Market Industry is expected to grow from 9.2(USD Billion) in 2024 to 12.5 (USD Billion) by 2035. The Stent Market CAGR (growth rate) is expected to be around 2.83% during the forecast period (2025 - 2035).

Key Stent Market Trends Highlighted

The Global Stent Market is shaped by various key market drivers, such as the rising prevalence of cardiovascular diseases, the aging population, and advancements in stent technology. Increasing awareness about minimally invasive procedures and enhanced patient outcomes associated with stent placement further propel market growth. Healthcare professionals and patients alike recognize the benefits of stents, leading to greater adoption across hospitals and specialized clinics. As technology advances, materials and designs of stents are improving, contributing to higher efficiency and safety during procedures. Opportunities to be explored within the market include the potential for innovation in biodegradable stents and drug-eluting stents, which can significantly reduce complications and improve patient recovery.

Companies can also explore emerging markets where healthcare infrastructure is improving. The focus on preventive healthcare offers an avenue to increase awareness and increase stent use. As more patients seek solutions for chronic conditions, the demand for advanced stenting solutions is likely to grow. Collaboration between device manufacturers and healthcare institutions can foster the development of improved products tailored to patient needs. Trends in recent times within the Global Stent Market highlight a shift towards personalized medicine, where customized stent options are created for individual patients. Additionally, the rise in telemedicine and remote monitoring tools plays a vital role in post-operative care and follow-up, enhancing overall patient management.There is also increased interest in clinical trials and research aimed at developing innovative stenting solutions. These trends point to a dynamic market landscape that continuously adapts to meet the needs of patients and healthcare providers, ensuring that the Global Stent Market remains robust and responsive to future challenges.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Stent Market Drivers

Growing Prevalence of Cardiovascular Diseases

One of the most important factors affecting the expansion of the Global Stent Market Industry is the increasing incidence of cardiovascular complications across the globe. Unhealthy lifestyles due to population growth and aging individuals have increased the incidence of coronary artery disease, heart attacks, peripheral artery disease, and many more. With the global burden of chronic diseases increasing, there is a rising demand for interventional treatment options, which include the use of stents during angioplasty.

In addition to this, the development of modern stent types, including drug-eluting and bioabsorbable stents, further increases the growth of the market. These innovations help stave off subsequent treatment for the patients, thus undoubtedly improving the health of the patient. There is a greater investment from all parts of the world in innovative medical devices and treatments, which means that the global stall market industry will prosper for several years to come.

Other than that, the investment-driven towards heart health improvement programs and increase in the awareness of timely treatment for cardiovascular disease are also positive contributors towards the expansion of the Global Stent Market. With the advances in diagnostic technologies, cardiovascular problems may be detected earlier than before, thus increasing the number of stents being utilized as a treatment option. These collective dynamics confirm that the escalating burden of cardiovascular diseases will be a continued impetus for the growth of the market throughout the next decade.

Technological Advancements in Stent Designs

Technological advancements play a pivotal role in driving the Global Stent Market Industry forward. Innovations in stent designs, including the development of drug-eluting stents and bioresorbable scaffolds, are significantly enhancing patient outcomes and experience. These advancements aim to minimize complications such as restenosis and thrombosis, which are prevalent concerns in stenting procedures. The consistent push for improving stent materials and designs is driven by the need for safer and more effective solutions that can cater to diverse cardiovascular disorders.As healthcare providers increasingly adopt these advanced stenting technologies, the market is likely to witness accelerated growth.

Increase in Health Care Expenditure

An increase in healthcare expenditure globally is fueling the Global Stent Market Industry. With countries recognizing the importance of investing in advanced medical technologies and treatments, there is a clear uptick in funds allocated towards cardiovascular healthcare. Government support and private investment in health technologies, particularly in emerging economies, facilitate access to improved stenting procedures and devices. This expansion in expenditure directly correlates to increased patient access to life-saving procedures, contributing positively to market growth.Furthermore, enhanced insurance coverage for cardiovascular treatments is expected to boost demand for stenting, driving the Global Stent Market Industry toward robust growth.

Stent Market Segment Insights

Stent Market Type Insights

The Global Stent Market is experiencing notable growth, with key insights surrounding its segmentation by Type. The Drug Eluting Stents segment held a significant position in 2024 with a market valuation of 4.0 USD Billion and is projected to expand to 5.4 USD Billion by 2035. This category is critical due to the advanced technology that allows for the gradual release of medication to prevent arterial blockage, making them a preferred choice for many cardiologists. Drug Eluting Stents dominate the market, indicating strong demand driven by improved patient outcomes and technological advancements in drug delivery systems.In contrast, the Bare Metal Stents segment recorded a valuation of 3.0 USD Billion in 2024, increasing to 4.0 USD Billion by 2035. 

Though this category is growing, it typically faces challenges from the more advanced Drug Eluting Stents due to a higher rate of restenosis. However, these stents are favored in certain scenarios, especially when patients cannot tolerate medications associated with drug-eluting options, which keeps this segment significant in the overall Global Stent Market revenue. The Bioresorbable Stents segment represented a valuation of 2.2 USD Billion in 2024, with expectations of reaching 3.1 USD Billion by 2035. While this segment still has a smaller market share compared to the other two, it is gaining attention due to its potential advantages, such as being absorbed by the body over time. This feature reduces the long-term risks associated with implanted devices, enhancing patient safety and compliance. The Bioresorbable Stents, though at the lower end of market valuation currently, possess growth opportunities, driven by increasing interest in innovative, patient-friendly treatment options. 

The overall landscape of the Global Stent Market segmentation highlights that Drug Eluting Stents maintain market leadership due to their efficacy in reducing the chance of re-narrowing the arteries, while Bare Metal Stents continue to play an important role in specific patient populations. Moreover, Bioresorbable Stents display significant growth potential that could change the dynamics of the market moving forward. This competitive environment reflects a range of growth drivers and challenges, including advancements in medical technology and the need for tailored therapeutic approaches to treating cardiovascular conditions. The Global Stent Market statistics reflect an evolving industry focused on improving clinical outcomes and patient satisfaction through innovation in stent technologies.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Stent Market Material Insights

The Global Stent Market is projected to reach a valuation of 9.2 USD Billion by 2024, showing a consistent growth trend driven by advancements in medical technology and an increasing prevalence of cardiovascular diseases. The Material segmentation within the stent market includes various types like Stainless Steel, Cobalt Chromium, and Polymer, each contributing significantly to market dynamics. Stainless Steel stents are recognized for their strength and reliability and are often preferred in many clinical applications. Meanwhile, Cobalt Chromium stents are gaining attention for their biocompatibility and reduced profile, making them easier to deploy.

Polymer stents are increasingly popular due to their flexibility and capabilities in drug delivery, addressing the need for improved therapeutic outcomes. This segmentation reflects the diverse needs of patients and the evolving landscape of the stent industry. The Global Stent Market data indicates a sustained interest in innovative materials, with each segment presenting its advantages to cater to specific clinical requirements. Overall, the growth of the Global Stent Market industry can be attributed to the ongoing research and development in stent materials, along with their practical applications in patient care.

Stent Market Application Insights

The Global Stent Market is projected to reach a value of 9.2 USD Billion by 2024, showcasing a steady growth trajectory in the Application segment. This segment includes critical areas such as Coronary Artery Disease, Peripheral Artery Disease, and Neurovascular Disease, which significantly influence market dynamics. Coronary Artery Disease holds a major share in the market due to the rising prevalence of heart-related ailments and the increasing adoption of minimally invasive procedures. 

Meanwhile, Peripheral Artery Disease is gaining momentum as awareness of vascular complications grows, leading to a demand for innovative stent solutions. Neurovascular Disease, although smaller in comparison, is vital as advancements in technology continue to enhance treatment options, making it a focus area for further research and investment. Overall, the segmentation of the Global Stent Market is essential in understanding revenue drivers and the evolving landscape of treatment options tailored to meet specific medical needs. Market growth is further supported by an increasing aging population and advancements in stent technologies, but challenges such as regulatory hurdles and market competition could impact future trends.

Stent Market End Use Insights

The Global Stent Market is expected to reach a value of 9.2 USD Billion by 2024, showcasing the critical role of the End Use segment, which is primarily categorized into Hospitals, Ambulatory Surgical Centers, and Specialty Clinics. Hospitals are essential due to their comprehensive facilities and equipped medical staff that manage complex cases, leading to a significant reliance on stent procedures. Ambulatory surgical centers also play a pivotal role by offering cost-effective outpatient procedures and attracting patients seeking less invasive options.

Specialty Clinics cater to specific patient needs, providing targeted interventions, which further boosts their relevance in the stent market dynamics. These diverse facilities collectively contribute to the Global Stent Market revenue, reflecting the growing awareness and demand for stent procedures across various healthcare settings. Market growth is primarily driven by an increasing prevalence of cardiovascular diseases, the aging population, and advancements in stent technologies, although challenges like stringent regulations and competition among key players persist.Overall, the segmentation within the End Use category presents ample opportunities for expansion and innovation, enhancing patient care and treatment outcomes in the Global Stent Market industry.

Stent Market Regional Insights

The Regional segment of the Global Stent Market reflects significant diversity in terms of market value and growth potential. In 2024, North America led with a valuation of 4.0 USD Billion, expected to grow to 5.5 USD Billion in 2035, indicating its dominant position due to advanced healthcare infrastructure and higher adoption rates of stenting procedures. Europe follows closely with a market value of 2.5 USD Billion in 2024, projected to reach 3.4 USD Billion by 2035, driven by an expanding aging population and increasing prevalence of cardiovascular diseases.

The APAC region, valued at 1.8 USD Billion in 2024 and estimated to grow to 2.5 USD Billion by 2035, presents substantial opportunities as healthcare investments increase, particularly in countries like China and India. South America and MEA are smaller markets, with valuations of 0.5 USD Billion and 0.4 USD Billion in 2024, respectively, and growth prospects reliant on improving healthcare systems. Despite their smaller sizes, these regions represent untapped potential for the Global Stent Market revenue, especially as awareness of cardiovascular health rises.The Global Stent Market data underscores a multi-faceted landscape where each region contributes uniquely to the overall market growth and dynamics.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Stent Market Key Players and Competitive Insights

The competitive insights of the Global Stent Market reveal a dynamic and rapidly evolving landscape characterized by technological advancements, strategic collaborations, and a growing emphasis on patient outcomes. As cardiovascular diseases remain a leading cause of morbidity and mortality worldwide, the demand for stents used to treat coronary artery disease and other vascular conditions continues to rise. Key players in the market are focusing on innovation and product differentiation, developing new stent designs, materials, and delivery systems to enhance clinical efficacy and safety profiles. 

The competitive environment is further intensified by regulatory changes, reimbursement policies, and increased competition from emerging companies offering cost-effective solutions. As a result, established firms are increasingly investing in research and development to maintain their competitive edge and capture market share in this lucrative sector.Abbott Laboratories has established a strong presence in the Global Stent Market through its innovative product offerings and robust clinical evidence supporting their use. The company is known for its commitment to advancing cardiovascular care by developing high-quality stents that address the needs of patients with coronary artery disease. Strengths include a well-respected portfolio of drug-eluting stents that have consistently demonstrated superior patient outcomes, leading to significant market acceptance. 

Additionally, Abbott Laboratories benefits from extensive global distribution networks and strong relationships with healthcare providers, which enable it to market its stent products effectively. The company's ongoing focus on research and development ensures a steady pipeline of innovative solutions that meet regulatory standards and improve patient care.Terumo Corporation is another significant player in the Global Stent Market, recognized for its versatile approach to vascular intervention products. With a commitment to facilitating improvements in patient outcomes, Terumo continually invests in advanced technologies and processes that enhance the performance of its stents. 

The company's strengths lie in its strong research and development capabilities, leading to a range of innovative stent solutions that cater to different therapeutic needs. Terumo's global footprint allows it to penetrate various regional markets effectively, aided by its partnerships with healthcare institutions and professionals. The company's dedication to quality assurance and regulatory compliance further strengthens its reputation, allowing it to maintain a competitive edge in an industry that is constantly evolving.

Key Companies in the Stent Market Include:

• Abbott Laboratories


• Terumo Corporation


• Stentys


• Cardinal Health


• Abiomed


• Lepu Medical Technology


• Asahi Intecc


• Cook Medical


• Nippon Kayaku


• Boston Scientific


• MicroPort Scientific


• B. Braun Melsungen


• Medtronic


• Johnson and Johnson

Stent Market Industry Developments

The Global Stent Market has seen significant developments recently, particularly in technological advancements and regulatory approvals across major companies such as Abbott Laboratories and Boston Scientific, which highlight ongoing innovation in biocompatible materials. Furthermore, Terumo Corporation has engaged in partnerships aimed at enhancing the delivery systems for stent implantation. Current affairs point towards increasing interest from private equity firms in companies like MicroPort Scientific and Medtronic, indicating a trend towards consolidation in the market. 

In terms of mergers and acquisitions, AbbVie has announced plans to acquire a stake in certain market players, which has sent ripples through the investment and healthcare sectors, showcasing confidence in the stent market's growth trajectory. Asahi Intecc and Cook Medical have also reported increased revenues, suggesting a competitive landscape thriving on advancements in minimally invasive procedures. The rising prevalence of cardiovascular diseases continues to propel growth, with Lepu Medical Technology and Cardiovascular segments growing steadily, influencing market valuation positively. Overall, these dynamics create a complex yet promising environment as industry leaders strive for innovative solutions to meet increasing healthcare demands.

Stent Market Segmentation Insights

Stent Market Type Outlook

• Drug Eluting Stents


• Bare Metal Stents


• Bioresorbable Stents

Stent Market Material Outlook

• Stainless Steel


• Cobalt Chromium


• Polymer

Stent Market Application Outlook

• Coronary Artery Disease


• Peripheral Artery Disease


• Neurovascular Disease

Stent Market End Use Outlook

• Hospitals


• Ambulatory Surgical Centers


• Specialty Clinics

Stent Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa