Coronary Stent Market By Product Type, By Mode of Delivery, By End User and Geography 

Coronary Stent Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Drug-Eluting Stent, Bioresorbable Stent, Bare Metal Stent, Covered Stent, and Others), By Mode of Delivery (Self-expandable and Balloon-expandable), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, and Others) and Region 

Coronary Stent Market size was valued at US$ 8,923.2 million in 2023 and is poised to grow at a significant CAGR of 3.6% from 2024–2030. Coronary stents (CS) are expandable tubular metallic devices that are used to widen blocked or narrowed coronary arteries that are clogged due to an underlying atherosclerosis disease. This revascularization procedure is termed a percutaneous coronary intervention (PCI) or coronary angioplasty with stent placement. A coronary angioplasty is a procedure. The term "angioplasty" means using a balloon to stretch open a narrowed or blocked artery.

However, most modern angioplasty procedures also involve inserting a short wire-mesh tube, called a stent, into the artery during the procedure. These arteries can become narrowed and hardened in older people, which can cause coronary heart disease. Coronary angioplasties are also often used as an emergency treatment after a heart attack or angina. Increasing technological advancement, rising incidence of coronary artery disease, the subsequent growth in the number of PCI procedures, increasing demand for minimally invasive procedures, and rising geriatric population are driving the global market growth. The increasing prevalence of cardiovascular drugs diseases is boosting the market trend at a significant rate.

For instance, according to the Centers for Disease Control and Prevention (CDC), coronary heart disease, the most common type of heart disease, killed 382,820 people in 2020 in the USA and about 20.1 million adults age 20 and older had CAD (about 7.2%). Along with that emerging global markets and global players are influencing the growth. However, the availability of alternative treatment methods for coronary artery diseases, stringent regulations for product approval, and the increasing number of product failures, and product recalls may hamper the global coronary stent market growth. Geographically, North America held the major market share in the global market and is expected to dominate the market in the forecasted years.

Key Developments

  • In Aug 2022, Medtronic launched its Onyx Frontier drug-eluting stent (DES), a new interventional offering for coronary artery disease (CAD). In May 2022, Abbott announced that its Xience Skypoint drug-eluting stent platform is now available globally.

Coronary Stent Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Coronary Stent Market Dynamics

The increasing prevalence of coronary heart disease will boost the overall market growth in the upcoming years. It is attributed to unhealthy lifestyles, growing stress levels, and increasing alcohol consumption. Heart disease is one of the leading causes of death worldwide. For example, according to the Centers for Disease Control and Prevention (CDC), one person dies every 34 seconds in the United States from cardiovascular disease and around 697,000 people in the United States died from heart disease in 2020. Also, heart disease cost the United States about $229 billion each year from 2017 to 2018 including the cost of health care services, medicines, and lost productivity due to death. Hence, it will drive the global coronary stent market.

Coronary Stent Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 8,923.2 million

Market CAGR

3.6%

By Product Type

  • Drug-Eluting Stent
  • Bioresorbable Stent
  • Bare Metal Stent
  • Covered Stent
  • Others

By Mode of Delivery

  • Self-expandable
  • Balloon-expandable

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The coronary stent market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market.

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Frequently Asked Questions

The global coronary stent market size was valued at US$ 8,923.2 million in 2023 and is projected to grow at a CAGR of 3.6% from 2024-2030.

Abbott, Medtronic, Boston Scientific Corporation, Terumo Corporation, B Braun Melsungen AG, Biotronik, Stentys SA, MicroPort Scientific Corporation, R. Bard, Inc., Cook Medical, Biosensors International Group  

Asia-Pacific is the fastest-growing region

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Coronary Stent Market Introduction
2.1. Global Coronary Stent Market – Taxonomy
2.2. Global Coronary Stent Market – Definitions
2.2.1. By Product Type
2.2.2. By Mode of Delivery
2.2.3. By End User
2.2.4. By Region
3. Global Coronary Stent Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Coronary Stent Market Dynamic Factors - Impact Analysis
3.6. Global Coronary Stent Market – Competition Landscape
3.7. Epidemiology
4. Global Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Coronary Stent Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Drug-Eluting Stent
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Bioresorbable Stent
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Bare Metal Stent
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Covered Stent
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Coronary Stent Market, By Mode of Delivery, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Self-expandable
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Balloon-expandable
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Coronary Stent Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Ambulatory Surgical Centers
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Specialty Clinics
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Coronary Stent Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Region, 2024 - 2030
9. North America Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Drug-Eluting Stent
9.1.2. Bioresorbable Stent
9.1.3. Bare Metal Stent
9.1.4. Covered Stent
9.1.5. Others
9.2. Mode of Delivery Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Self-expandable
9.2.2. Balloon-expandable
9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Hospitals
9.3.2. Ambulatory Surgical Centers
9.3.3. Specialty Clinics
9.3.4. Others
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Country, 2024 - 2030
9.6. North America Coronary Stent Market Dynamics – Trends
10. Europe Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Drug-Eluting Stent
10.1.2. Bioresorbable Stent
10.1.3. Bare Metal Stent
10.1.4. Covered Stent
10.1.5. Others
10.2. Mode of Delivery Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Self-expandable
10.2.2. Balloon-expandable
10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Hospitals
10.3.2. Ambulatory Surgical Centers
10.3.3. Specialty Clinics
10.3.4. Others
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Europe Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Country, 2024 - 2030
10.6. Europe Coronary Stent Market Dynamics – Trends
11. Asia-Pacific Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Drug-Eluting Stent
11.1.2. Bioresorbable Stent
11.1.3. Bare Metal Stent
11.1.4. Covered Stent
11.1.5. Others
11.2. Mode of Delivery Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Self-expandable
11.2.2. Balloon-expandable
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Hospitals
11.3.2. Ambulatory Surgical Centers
11.3.3. Specialty Clinics
11.3.4. Others
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Country, 2024 - 2030
11.6. Asia-Pacific Coronary Stent Market Dynamics – Trends
12. Latin America Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Drug-Eluting Stent
12.1.2. Bioresorbable Stent
12.1.3. Bare Metal Stent
12.1.4. Covered Stent
12.1.5. Others
12.2. Mode of Delivery Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Self-expandable
12.2.2. Balloon-expandable
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Hospitals
12.3.2. Ambulatory Surgical Centers
12.3.3. Specialty Clinics
12.3.4. Others
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Latin America Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Country, 2024 - 2030
12.6. Latin America Coronary Stent Market Dynamics – Trends
13. Middle East and Africa Coronary Stent Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Drug-Eluting Stent
13.1.2. Bioresorbable Stent
13.1.3. Bare Metal Stent
13.1.4. Covered Stent
13.1.5. Others
13.2. Mode of Delivery Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Self-expandable
13.2.2. Balloon-expandable
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Hospitals
13.3.2. Ambulatory Surgical Centers
13.3.3. Specialty Clinics
13.3.4. Others
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. South Africa
13.4.3. Rest of MEA
13.5. MEA Coronary Stent Market - Opportunity Analysis Index, By Product Type, By Mode of Delivery, By End User, and Country, 2024 - 2030
13.6. MEA Coronary Stent Market Dynamics – Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Key Product Types, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Abbott
14.2.2. Medtronic
14.2.3. Boston Scientific Corporation
14.2.4. Terumo Corporation
14.2.5. B Braun Melsungen AG
14.2.6. Biotronik
14.2.7. Stentys SA
14.2.8. MicroPort Scientific Corporation
14.2.9. C. R. Bard, Inc.
14.2.10. Cook Medical
14.2.11. Biosensors International Group
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Abbott
  • Medtronic
  • Boston Scientific Corporation
  • Terumo Corporation
  • B Braun Melsungen AG
  • Biotronik
  • Stentys SA
  • MicroPort Scientific Corporation
  • Cook Medical
  • Biosensors International Group
  • R. Bard, Inc.

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