Global Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Vascular Stents, and Non-vascular Stents.By Material;
Metal, and Polymer.By Type;
Self-expandable Stents, and Balloon-expandable Stents.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Stents Market (USD Million), 2021 - 2031
In the year 2024, the Global Stents Market was valued at USD 14,355.79 million. The size of this market is expected to increase to USD 21,246.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.
Stents, small mesh tubes placed within arteries or ducts to keep them open, play a crucial role in treating conditions such as coronary artery disease, peripheral artery disease, and biliary and urinary obstructions. With the rising burden of cardiovascular disorders worldwide, fueled by factors such as aging populations, unhealthy lifestyle habits, and the growing incidence of obesity and diabetes, the demand for stents continues to escalate. Technological innovations in stent design and materials, coupled with improvements in procedural techniques, have contributed to enhanced treatment outcomes and patient experiences.
The global stents market is characterized by intense competition among key players, striving to innovate and develop advanced stent technologies to address evolving clinical needs. Manufacturers focus on introducing next-generation stents with improved biocompatibility, drug-eluting capabilities, and enhanced deliverability to optimize patient outcomes and reduce the risk of complications. Strategic collaborations and partnerships between medical device companies and healthcare providers drive market growth by facilitating product development, market expansion, and access to innovative treatment solutions. With ongoing efforts to improve stent efficacy, safety, and accessibility, the global stents market is poised for continued growth and innovation in the years to come.
Global Stents Market Recent Developments
-
In May 2022, Medtronic obtained U.S. FDA approval for its Onyx frontier drug-eluting stent, expanding its product portfolio and customer base in coronary artery disease treatment.
-
In September 2021, Microport announced the strategic acquisition of its subsidiary Shanghai Microport Medical Co., Ltd., by Fujian Kerui Pharmaceutical Co., Ltd., enhancing the company's supply chain management system and accelerating the global availability of Microport drug-eluting stents.
-
In December 2020, Microport Scientific received a registration certificate from the National Medical Products Administration of China for its Bridge vertebral drug-eluting stent, featuring a unique drug delivery design for faster endothelialization.
Segment Analysis
By Product Type, the market is divided into drug-eluting stents, bare-metal stents, and biodegradable stents. Drug-eluting stents are highly sought after for their ability to release medication that helps prevent artery re-narrowing, making them a preferred choice in treating coronary artery disease. Bare-metal stents, while more cost-effective, have seen a decline in preference due to the advancements in drug-eluting technologies. Biodegradable stents, which dissolve over time and eliminate long-term risks associated with permanent implants, are gaining traction as they offer a new approach for patients requiring temporary support.
By Material, the market is segmented into metal stents and polymer stents. Metal stents, which are typically made from stainless steel, cobalt-chromium, or nickel-titanium alloys, have been the traditional choice due to their strength and durability. Polymer stents, on the other hand, are gaining attention for their flexibility and compatibility with bioabsorbable technologies, contributing to the growth of the biodegradable stent market. The choice of material impacts the stent’s performance, biocompatibility, and long-term efficacy, influencing healthcare providers’ decisions and patient outcomes.
By Type, the segmentation includes coronary stents, peripheral stents, and neurovascular stents. Coronary stents are the largest segment, driven by the global prevalence of coronary artery disease and advancements in interventional cardiology. Peripheral stents cater to conditions affecting the peripheral arteries, such as peripheral artery disease, and are becoming more prominent as diagnostic and therapeutic techniques improve. Neurovascular stents, designed for treating conditions like aneurysms and intracranial artery stenosis, are also evolving due to increasing awareness and the development of specialized medical interventions.
By Geography, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America dominates the market due to its advanced healthcare systems, high adoption of new technologies, and a large aging population with increased cardiovascular risk. Europe follows, supported by strong healthcare infrastructure and significant investments in medical technologies. The Asia-Pacific region is expected to witness substantial growth, driven by rising healthcare expenditure, increasing incidence of chronic diseases, and improved access to medical care. Latin America and the Middle East & Africa are experiencing moderate growth, facilitated by advancements in healthcare infrastructure and gradual expansions in medical technology access.
Global Stents Segment Analysis
In this report, the Global Stents Market has been segmented by Product Type, Material, Type, and Geography.
Global Stents Market, By Product Type
The Global Stents Market has been segmented by Product Type into Vascular stents and Non-vascular stents.
One major category within this market is vascular stents, which are designed to treat narrow or weakened arteries and veins. These stents are commonly used in the treatment of coronary artery disease, peripheral artery disease, and other vascular conditions. Vascular stents come in different types, including bare metal stents, drug-eluting stents, and bioresorbable stents, each offering unique benefits and applications. The growing prevalence of cardiovascular diseases, coupled with advancements in stent technology and minimally invasive procedures, is driving the expansion of the vascular stents market worldwide.
In addition to vascular stents, the global stents market also includes non-vascular stents, which are used in various anatomical structures outside the vascular system. Non-vascular stents are utilized in the treatment of gastrointestinal, urological, and respiratory conditions, among others. These stents serve diverse purposes, such as relieving obstructions, providing structural support, and facilitating drainage in different organ systems. With the increasing incidence of diseases affecting non-vascular structures and the rising demand for minimally invasive treatment options, the non-vascular stents market is experiencing steady growth. Innovations in stent design, materials, and delivery systems continue to enhance the efficacy and safety of non-vascular stents, driving further market expansion and improving patient outcomes across different medical specialties.
Global Stents Market, By Material
The Global Stents Market has been segmented by Material into Metal and Polymer.
Metal stents, typically made from materials like stainless steel, cobalt-chromium, or nickel-titanium alloys, have long been the standard choice for cardiovascular interventions due to their durability and radial strength. These stents provide excellent scaffolding support to keep blood vessels open, promoting improved blood flow and reducing the risk of restenosis. Concerns have arisen regarding the potential for metal stents to cause inflammation or late complications, leading to the development of alternative materials.
Polymer stents have emerged as a promising alternative, offering unique advantages such as flexibility, biocompatibility, and the potential for drug elution. These stents, often made from biodegradable polymers, gradually degrade over time, allowing the vessel to regain its natural function. Polymer stents can be coated with drugs to prevent restenosis or promote endothelialization, enhancing long-term outcomes for patients. As the stent market continues to evolve, the choice between metal and polymer materials reflects a balance between durability and biocompatibility, with both options contributing to advancements in cardiovascular care and treatment outcomes.
Global Stents Market, By Type
The Global Stents Market has been segmented by Type into Self-expandable Stents and Balloon-expandable Stents.
Self-expandable stents, characterized by their ability to expand without the need for external force, offer flexibility and adaptability, making them suitable for use in tortuous or complex anatomies. These stents are often deployed in regions such as the peripheral arteries or the biliary and gastrointestinal tracts, where precise positioning and conformability to vessel contours are essential for optimal treatment outcomes. Balloon-expandable stents are designed to be deployed using balloon angioplasty techniques, where the stent is mounted on a balloon catheter and expanded by inflation with a balloon. This type of stent provides controlled and predictable expansion, making it particularly suitable for use in coronary arteries, where precise placement and uniform expansion are critical for restoring blood flow and maintaining vessel patency.
The segmentation of the Global Stents Market by type underscores the importance of offering diverse treatment options to address the varying clinical needs and anatomical considerations of patients with cardiovascular diseases. Both self-expandable and balloon-expandable stents play pivotal roles in interventional cardiology and endovascular procedures, offering physicians the flexibility to choose the most appropriate stent design based on individual patient characteristics and lesion characteristics. As advancements in stent technology continue to drive innovation in the field, the Global Stents Market is expected to witness sustained growth, driven by factors such as rising prevalence of cardiovascular diseases, increasing adoption of minimally invasive procedures, and expanding healthcare infrastructure in emerging markets.
Global Stents Market, By Geography
In this report, the Global Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Stents Market Share (%), by Geographical Region, 2024
North America, encompassing the United States and Canada, stands out as a prominent market contributor owing to its advanced healthcare infrastructure and high prevalence of cardiovascular diseases. The region witnesses extensive adoption of stents for various cardiac interventions, supported by robust reimbursement policies and increasing investments in healthcare. Technological advancements and the presence of key market players in North America contribute to the continuous innovation and development of stent technologies, driving market growth. In Europe, countries such as Germany, the United Kingdom, and France drive market expansion through increasing incidences of cardiovascular disorders and the growing demand for minimally invasive treatment options.
Government initiatives aimed at improving healthcare access and quality, along with substantial investments in research and development, propel market growth in Europe. Strategic collaborations between medical device manufacturers and healthcare providers in the region foster innovation and adoption of advanced stent technologies. The Asia Pacific region presents significant growth potential in the stents market, supported by burgeoning healthcare infrastructure, rising healthcare expenditure, and increasing awareness of cardiovascular diseases. Countries like China, India, and Japan are key contributors to market growth, driven by government initiatives to enhance healthcare access and awareness. Emerging economies in the Middle East and Africa, as well as Latin America, are also witnessing steady market growth, spurred by increasing healthcare investments and efforts to address the burden of cardiovascular diseases.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Stents Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- High demand for coronary interventions
- Increasing number of angioplasty procedures
- Emergence of drug-eluting stents
-
Advancements in stent technology - Advancements in stent technology have revolutionized the field of cardiovascular intervention by offering more effective and versatile treatment options. Innovations such as drug-eluting stents, bioresorbable scaffolds, and novel coating materials have significantly improved the performance and longevity of stents. Drug-eluting stents, for example, release medication to prevent restenosis, reducing the risk of recurrent blockages in the treated arteries. Bioresorbable scaffolds gradually dissolve over time, allowing the artery to regain its natural function.
Advances in stent design, such as thinner struts and improved flexibility, enhance deliverability and conformability to complex vessel anatomy, enabling safer and more precise placement of stents. These technological breakthroughs have led to better clinical outcomes, reduced rates of complications, and improved patient satisfaction, making stent procedures more widely accessible and effective in managing coronary artery disease and other cardiovascular conditions.
Restraints
- Challenges in addressing complex lesions
- Potential for stent recalls and litigations
-
Concerns regarding stent durability - Despite significant advancements, concerns regarding stent durability persist within the medical community and among patients. The long-term durability of stents, particularly drug-eluting stents, remains a topic of debate due to the potential for late thrombosis and stent fracture. While drug-eluting stents effectively inhibit restenosis in the short term, questions arise regarding their performance over extended periods.
Concerns about the mechanical integrity of stents and their ability to withstand physiological forces within the artery raise doubts about their long-term efficacy and safety. The impact of factors such as patient comorbidities, lifestyle habits, and medication adherence on stent durability adds complexity to treatment decision-making and follow-up care. Addressing these concerns requires ongoing research, vigilance in patient monitoring, and continued innovation in stent design to optimize long-term outcomes and ensure patient safety.
Opportunities
- Development of bioresorbable stents
- Integration of digital health technologies
- Focus on preventive cardiology
-
Utilization of real-world evidence - The utilization of real-world evidence (RWE) offers valuable insights into the safety, effectiveness, and long-term outcomes of stent procedures in routine clinical practice. RWE encompasses data collected from diverse sources, including electronic health records, registries, and patient-reported outcomes, reflecting real-world treatment patterns and patient experiences. By analyzing RWE, healthcare providers can assess the comparative effectiveness of different stent types, identify patient subgroups that may benefit most from specific interventions, and evaluate the impact of treatment strategies on healthcare outcomes and resource utilization.
RWE facilitates post-market surveillance of stents, enabling the timely detection of safety signals and the refinement of clinical guidelines and best practices. Leveraging RWE in stent research and decision-making processes enhances evidence-based medicine, promotes transparency, and ultimately improves the quality of patient care by informing clinical decision-making and optimizing treatment outcomes.
Competitive Landscape Analysis
Key players in Global Stents Market include
- Abbott Laboratories
- B. Braun Melsungen AG
- Biosensors International Group
- Biotronik SE & Co. KG
- Boston Scientific
- C R Bard
- Elixir Medical Corporation
- Medtronic Plc
- Microport Scientific
- Microport
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Material
- Market Snapshot, By Type
- Market Snapshot, By Region
- Global Stents Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- High demand for coronary interventions
- Increasing number of angioplasty procedures
- Emergence of drug-eluting stents
- Advancements in stent technology
- Restraints
- Challenges in addressing complex lesions
- Potential for stent recalls and litigations
- Concerns regarding stent durability
- Opportunities
- Development of bioresorbable stents
- Integration of digital health technologies
- Focus on preventive cardiology
- Utilization of real-world evidence
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Stents Market,By Product Type, 2021 - 2031 (USD Million)
- Vascular Stents
- Non-vascular Stents
- Global Stents Market,By Material, 2021 - 2031 (USD Million)
- Metal
- Polymer
- Global Stents Market,By Type, 2021 - 2031 (USD Million)
- Self-expandable Stents
- Balloon-expandable Stents
- Global Stents Market,By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Stents Market,By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Abbott Laboratories
- B. Braun Melsungen AG
- Biosensors International Group
- Biotronik SE & Co. KG
- Boston Scientific
- C R Bard
- Elixir Medical Corporation
- Medtronic Plc
- Microport Scientific
- Microport
- Company Profiles
- Analyst Views
- Future Outlook of the Market