Stent: Market Overview
A stent is a small, expandable tube used to keep narrowed or blocked blood vessels open. Itβs most commonly used in coronary arteries but is also vital in treating conditions in the peripheral arteries, bile ducts, esophagus, and ureters.
π§ Market Snapshot
Global Market Size (2024): ~$13.7 billion
Expected CAGR (2024β2032): ~5.8%
Key Segments:
By Type:
Coronary Stents (Bare Metal, Drug-Eluting, Bioabsorbable)
Peripheral Stents
Ureteral and Other Specialty Stents
By Material: Metal (Cobalt Chromium, Stainless Steel), Polymer
π Growth Drivers
Rising prevalence of cardiovascular diseases
Surge in minimally invasive procedures
Technological advances in biodegradable and drug-eluting stents
Increasing geriatric population and lifestyle-related disorders
π Market Trends
Next-gen bioresorbable stents with drug coatings
Customized stents using 3D printing
Integration with real-time imaging during procedures
Outpatient and same-day discharge-friendly stent systems
π₯ Key Players
Abbott Laboratories
Boston Scientific
Medtronic
Terumo Corporation
BIOTRONIK
B. Braun Melsungen AG
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