Global Vascular Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Drug-Eluting Stents, Bare-Metal Stents, and Bioabsorbable Stents.

By Material;

Metallic Stents, and Others.

By Application;

Coronary Artery Disease, Peripheral Vascular Disease, and Artery Disease.

By End User;

Hospitals, and Ambulatory Surgery Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn256667087 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Vascular Stents Market (USD Million), 2021 - 2031

In the year 2024, the Global Vascular Stents Market was valued at USD 9,479.06 million. The size of this market is expected to increase to USD 14,759.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The vascular stents market is witnessing considerable expansion due to the rising burden of cardiovascular diseases and a growing preference for less invasive treatment options. Vascular stents are mesh-like tubes inserted into blood vessels to maintain adequate blood flow and prevent vessel blockage. With the global increase in sedentary lifestyles, hypertension, and diabetes, the prevalence of vascular complications is on the rise, further driving demand for these life-saving devices.

Technological Advancements and Product Innovation
Innovation plays a central role in propelling the market forward. Drug-eluting stents have become the most widely adopted segment, accounting for more than 60% of the market share, owing to their ability to minimize restenosis. Additionally, bioresorbable vascular scaffolds and covered stents are gaining traction for their improved performance in complex lesions and high-risk cases. Advanced imaging techniques, AI-assisted placement systems, and next-generation delivery catheters are also enhancing procedure success rates and reducing complications.

Demographic Shifts
The rise in the geriatric population, particularly in developed economies, significantly contributes to market growth. Individuals aged 65 and above now represent over 20% of the population in many high-income countries, correlating with a higher incidence of vascular disorders.

Challenges and Market Dynamics
Despite the promising outlook, the market is constrained by factors such as high device costs, regulatory complexities, and the risk of post-procedural complications including in-stent thrombosis. Additionally, disparities in reimbursement coverage and access to advanced stents remain significant barriers in low-income regions. Nevertheless, ongoing R&D, strategic partnerships, and geographical expansion by key market players are expected to offset these challenges and sustain long-term growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Vascular Stents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Increasing Incidence of Cardiovascular Diseases
        3. Favorable Reimbursement Policies
      2. Restraints
        1. High Cost of Stents
        2. Limited Accessibility
        3. Risk of Stent Thrombosis
      3. Opportunities
        1. Development of Bioabsorbable Stents
        2. Collaboration with Healthcare Institutions
        3. Focus on Patient-Centric Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vascular Stents Market, By Type, 2021 - 2031 (USD Million)
      1. Drug-Eluting Stents
      2. Bare-Metal Stents
      3. Bioabsorbable Stents
    2. Global Vascular Stents Market, By Material, 2021 - 2031 (USD Million)
      1. Metallic Stents
      2. Others
    3. Global Vascular Stents Market, By Application, 2021 - 2031 (USD Million)
      1. Coronary Artery Disease
      2. Peripheral Vascular Disease
      3. Artery Disease
    4. Global Vascular Stents Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgery Centers
    5. Global Vascular Stents Market Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic Plc
      2. Abbott Laboratories
      3. Boston Scientific Corporation
      4. Biotronik Se & Co. Kg
      5. B. Braun Melsungen Ag
      6. Terumo Corporation
      7. Microport Scientific Corporation
      8. Meril Life Sciences Pvt. Ltd.
      9. Vascular Concepts Limited
      10. C.R. Bard, Inc.
      11. W.L. Gore and Associates, Inc.
      12. Endologix, Inc.
      13. Lombard Medical
      14. JOTEC GmbH
  7. Analyst Views
  8. Future Outlook of the Market