Stent Market to Grow with a CAGR of 4.38% through 2030

Surge in research and development activities is expected to drive the Global Stent Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Stent Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Stent Market stood at USD 15.04 Billion in 2024 and is anticipated to grow with a CAGR of 4.38% through 2030. Initiatives taken by government based on stent has led to favorable market conditions for the Global Stent Market. Several factors contribute to the growth of various stent products.

One of the primary areas of R&D focus is the development of drug-eluting stents with improved coatings, biocompatible materials, and controlled drug-release mechanisms. These advancements are designed to minimize restenosis and lower the risk of late stent thrombosis, which have been significant concerns with earlier-generation stents. Additionally, researchers are working on polymer-free and biodegradable stents that can gradually dissolve in the body after restoring blood flow, thereby eliminating the need for permanent implants and reducing long-term risks.

Several governments have implemented price regulation policies to make stents more affordable. For example, by placing caps on the maximum retail price of both bare-metal and drug-eluting stents, regulatory authorities have sought to prevent excessive pricing and ensure greater equity in healthcare access. These pricing reforms have had a direct impact on the demand for stents, particularly in high-volume markets with large patient populations.

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The Global Stent Market is segmented into product type, end use, regional distribution, and company.

Based on Product Type, Bare Metal Coronary Stent have emerged as the dominating segment in the Global Stent Market in 2024. This is due to their early adoption and extensive use in the treatment of coronary artery disease. BMS were the first generation of stents introduced in interventional cardiology and have built a strong foundation of clinical experience and acceptance among physicians globally. In cases where prolonged dual antiplatelet therapy (DAPT) is not feasible such as patients at high risk of bleeding or those requiring surgery soon after stenting bare metal stents are often preferred, as they require shorter durations of post-procedural medication.

Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Stent Market in 2024. The rise of domestic stent manufacturers and the production of cost-effective drug-eluting stents have made advanced cardiovascular treatment more affordable and accessible to a larger population base. Supportive regulatory reforms, expanding medical tourism, and a growing middle-class population with improving health insurance coverage are further accelerating market growth in the region.

Major companies operating in Global Stent Market are:

• Medtronic plc
• B. Braun Melsungen AG
• Terumo Corporation
• STENTYS SA
• MicroPort Scientific Corporation
• Meril Life Sciences Pvt. Ltd
• Translumina GmbH
• Biosensors International Group Limited        
• Boston Scientific Corporation
• BIOTRONIK SE & Co. KG

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“One of the most notable applications of nanotechnology in stents lies in the development of nanocoatings. These ultra-thin layers can be engineered to reduce thrombogenicity, promote rapid endothelialization, and provide controlled release of therapeutic agents. For instance, nanoparticle-based drug-eluting coatings enable more precise and sustained delivery of antiproliferative drugs, thereby reducing the risk of restenosis while minimizing systemic side effects”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Stent Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Drug-Eluting Stent, Bare Metal Coronary Stent, Bioabsorbable Stent, Others), By End Use (Hospitals & Clinics, Ambulatory Surgical Centers, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Stent Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Stent Market.

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