Stents Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Stents Market: By Product (Coronary Stents, Peripheral Stents, Stent-Related Implants, Biliary Stents, Carotid Stents, and Neurovascular Stents), By Material (Metallic, Polymeric, and Natural), and Geography

 

 

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Report

Description

Stents Market size was valued at USD 8.5 billion in 2021, growing at a CAGR of 4.1% from 2022-2028. The increase in prevalence of chronic diseases and  presence of large number of players in the market developing innovative technologies and rising advances in the field of interventional cardiology coupled with the progress of minimally invasive techniques. Moreover, growing geriatric population and improved healthcare infrastructure fuels the growth of the market. However, high cost of treatment associated with stent implants and stringent regulatory approval process hinders the growth of the market. Rising aging population and consumer awareness coupled with healthcare expenditure and favorable government policies and modernization of healthcare infrastructure fuels the growth of the stents market over the forecasted period. Moreover, approval of new products into the market is forecasted to grow at a significant CAGR over the forecasted years. Americas accounted for larger revenue share in global stents market with significant CAGR owing to presence of number of interventional cardiologists in the region and high adoption towards advanced technology, growing economy and increasing prevalence of chronic disorders coupled with rise in acceptance of medicinal implants drives the growth of the market. Europe and Asia Pacific expected to be the faster growing region in stents market over the forecast period. Market players are focusing on the approvals for the novel products and strategic collaborations to strengthen their position into the market. For instance, in 2016, the FDA approved a new type of stent made of a special polymer that eventually dissolves into the body. This new stent releases a drug called everolimus, which limits the growth of scar tissue that can re-block the coronary artery.

Stents Market

MARKET SUMMARY
-
4.1%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.1%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Stents Market

  • The report on global stents market gives historical, current, and future market sizes (US$ Mn) on the basis of product, material, and region.
  • This report studies global stents market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global stents market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global stents products.
Key Players
  • Abbott Laboratories
  • Braun Melsungen AG
  • R. Bard, Inc.
  • Stentys S.A.
  • Terumo Corporation
Stents Market Dynamics

Metal is the preferred material for stents because of benefits such as decreased stent fracture rates, flexibility, and biocompatibility. Another reason driving the segment’s growth will be the integration of metallic stents with biodegradable polymers to address the limitations of conventional stents. Furthermore, when compared to balloon angioplasty, metal stents diminish the occurrence of abrupt arterial closure and restenosis, lowering the rate of target lesion revascularization (TLR). In 2019, the hospital segment dominated the stent market with a 74.5 percent share. Medical devices, such as stents, are commonly employed in a variety of minimally invasive and surgical treatments, therefore hospitals have enough of them. Changing lifestyles, the adoption of bad habits such as drinking and smoking, as well as environmental causes such as pollution, all contribute to the growth of disease populations. As a result, a significant increase in hospital admissions will stimulate demand for advanced treatment solutions, providing significant market growth opportunities. Furthermore, the segment’s growth will be aided by the availability of skilled healthcare professionals and the quality of post-operative care.


North-America Got Significant Share

Stents Market

Global stents market report gives comprehensive outlook on stents across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Americas accounted for larger revenue share in global stents market with significant CAGR owing to presence of number of interventional cardiologists in the region and high adoption towards advanced technology, growing economy and increasing prevalence of chronic disorders coupled with rise in acceptance of medicinal implants drives the growth of the market. Europe and Asia Pacific expected to be the faster growing region in stents market over the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • 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 startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of 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

Key

Key Findings of the Report

Stents Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. Global Stents Market Introduction

2.1. Global Stents Market – Taxonomy

2.2. Global Stents Market –Definitions

2.2.1. By Product

2.2.2. By Material

  1. Global Stents Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Stents Market Dynamics – Factors Impact Analysis

  1. Global Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Global Stents Market Forecast, By Product, 2014 – 2018 and Forecast, 2019 – 2025

5.1. Coronary Stents

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Peripheral Stents

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Stent Related Implants

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Biliary Stents

5.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Carotid Stents

5.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

5.6. Neurovascular Stents

5.6.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.3. Market Opportunity Analysis

  1. Global Stents Market Forecast, By Material, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Metallic

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Polymeric

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Natural

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

  1. Global Stents Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025

7.1. North America

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Europe

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Asia Pacific

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (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. Latin America

7.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. The Middle East & Africa

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Global Stents Market – Opportunity Analysis Index, By Product, By Material, and Region, 2019 – 2025

  1. North America Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

8.1. Product Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Coronary Stents

8.1.2. Peripheral Stents

8.1.3. Stent-Related Implants

8.1.4. Biliary Stents

8.1.5. Carotid Stents

8.1.6. Neurovascular Stents

8.2. Material Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.2.1. Metallic

8.2.2. Polymeric

8.2.3. Natural

8.3. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

8.3.1. U.S.

8.3.2. Canada

8.4. North America Stents Market – Opportunity Analysis Index, By Product, By Material, and Country, 2019 – 2025

8.5. North America Stents Market Dynamics – Trends

  1. Europe Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

9.1. Product Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Coronary Stents

9.1.2. Peripheral Stents

9.1.3. Stent-Related Implants

9.1.4. Biliary Stents

9.1.5. Carotid Stents

9.1.6. Neurovascular Stents

9.2. Material Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.2.1. Metallic

9.2.2. Polymeric

9.2.3. Natural

9.3. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.3.1. U.K.

9.3.2. Germany

9.3.3. France

9.3.4. Italy

9.3.5. Spain

9.3.6. Russia

9.3.7. Rest of Europe

9.4. Europe Stents Market – Opportunity Analysis Index, By Product, By Material, and Country, 2019 – 2025

9.5. Europe Stents Market Dynamics – Trends

  1. Asia Pacific Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

10.1. Product Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Coronary Stents

10.1.2. Peripheral Stents

10.1.3. Stent-Related Implants

10.1.4. Biliary Stents

10.1.5. Carotid Stents

10.1.6. Neurovascular Stents

10.2. Material Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.2.1. Metallic

10.2.2. Polymeric

10.2.3. Natural

10.3. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.3.1. China

10.3.2. Japan

10.3.3. India

10.3.4. ASEAN Counties

10.3.5. Philippines

10.3.6. Rest of Asia Pacific

10.4. Asia Pacific Stents Market – Opportunity Analysis Index, By Product, By Material, and Country, 2019 – 2025

10.5. Asia Pacific Stents Market Dynamics – Trends

  1. Latin America Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

11.1. Product Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Coronary Stents

11.1.2. Peripheral Stents

11.1.3. Stent-Related Implants

11.1.4. Biliary Stents

11.1.5. Carotid Stents

11.1.6. Neurovascular Stents

11.2. Material Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.2.1. Metallic

11.2.2. Polymeric

11.2.3. Natural

11.3. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.3.1. Mexico

11.3.2. Brazil

11.3.3. Argentina

11.3.4. Chile

11.3.5. Rest of Latin America

11.4. Latin America Stents Market – Opportunity Analysis Index, By Product, By Material, and Country, 2019 – 2025

11.5. Latin America Stents Market Dynamics – Trends

  1. Middle East and Africa Stents Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

12.1. Product Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Coronary Stents

12.1.2. Peripheral Stents

12.1.3. Stent-Related Implants

12.1.4. Biliary Stents

12.1.5. Carotid Stents

12.1.6. Neurovascular Stents

12.2. Material Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.2.1. Metallic

12.2.2. Polymeric

12.2.3. Natural

12.3. Country Analysis (2014 – 2018) and Forecast (2019 – 2025) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.3.1. GCC Countries

12.3.2. South Africa

12.3.3. Saudi Arabia

12.3.4. Turkey

12.3.5. Rest of MEA

12.4. Middle East and Africa Stents Market – Opportunity Analysis Index, By Product, By Material, and Country, 2019 – 2025

12.5. Middle East and Africa Stents Market Dynamics – Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)

13.2.1. Abbott Laboratories

13.2.2. B. Braun Melsungen AG

13.2.3. Biotronik SE & Co. KG

13.2.4. Boston Scientific Corporation

13.2.5. C. R. Bard, Inc.

13.2.6. Elixir Medical Corporation

13.2.7. Medtronic plc

13.2.8. Microport Scientific Corporation

13.2.9. Stentys S.A.

13.2.10. Terumo Corporation

  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Abbott Laboratories
  • Braun Melsungen AG
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • R. Bard, Inc.
  • Elixir Medical Corporation
  • Medtronic plc
  • Microport Scientific Corporation
  • Stentys S.A.
  • Terumo Corporation

Description

Stents Market size was valued at USD 8.5 billion in 2021, growing at a CAGR of 4.1% from 2022-2028. The increase in prevalence of chronic diseases and  presence of large number of players in the market developing innovative technologies and rising advances in the field of interventional cardiology coupled with the progress of minimally invasive techniques. Moreover, growing geriatric population and improved healthcare infrastructure fuels the growth of the market. However, high cost of treatment associated with stent implants and stringent regulatory approval process hinders the growth of the market. Rising aging population and consumer awareness coupled with healthcare expenditure and favorable government policies and modernization of healthcare infrastructure fuels the growth of the stents market over the forecasted period. Moreover, approval of new products into the market is forecasted to grow at a significant CAGR over the forecasted years. Americas accounted for larger revenue share in global stents market with significant CAGR owing to presence of number of interventional cardiologists in the region and high adoption towards advanced technology, growing economy and increasing prevalence of chronic disorders coupled with rise in acceptance of medicinal implants drives the growth of the market. Europe and Asia Pacific expected to be the faster growing region in stents market over the forecast period. Market players are focusing on the approvals for the novel products and strategic collaborations to strengthen their position into the market. For instance, in 2016, the FDA approved a new type of stent made of a special polymer that eventually dissolves into the body. This new stent releases a drug called everolimus, which limits the growth of scar tissue that can re-block the coronary artery.

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