Vascular Stent Market Size, Trends, Analysis, and Outlook By Type (Coronary Stents, Peripheral Stents, EVAR Stent Grafts, Abdominal Aortic Aneurysm, Thoracic Aortic Aneurysm), By Product (Bare-metal Stents, Drug-eluting Stents, Bioabsorbable Stents), By Mode of Delivery (Balloon-expandable Stents, Self-expanding Stents), By Material (Metallic Stents, Cobalt Chromium, Platinum Chromium, Nickel Titanium, Stainless Steel, Others), By End-User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers, Others), by Country, Segment, and Companies, 2024-2032
The global Vascular Stent market size is poised to register 7.4% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Vascular Stent market across By Type (Coronary Stents, Peripheral Stents, EVAR Stent Grafts, Abdominal Aortic Aneurysm, Thoracic Aortic Aneurysm), By Product (Bare-metal Stents, Drug-eluting Stents, Bioabsorbable Stents), By Mode of Delivery (Balloon-expandable Stents, Self-expanding Stents), By Material (Metallic Stents, Cobalt Chromium, Platinum Chromium, Nickel Titanium, Stainless Steel, Others), By End-User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers, Others)
With the increasing prevalence of coronary artery disease, peripheral artery disease, and other vascular disorders, there is a rising demand for vascular stents to restore blood flow and prevent vessel re-narrowing. Market growth is driven by factors such as an aging population, the growing adoption of minimally invasive endovascular procedures, and technological advancements in stent designs and drug-eluting coatings. Additionally, the expanding applications of vascular stents in complex lesions and bifurcation anatomy contribute to market expansion. Further, the development of bioresorbable stents and the emphasis on personalized stent selection and optimization are expected to further propel market growth in the coming years.
Vascular Stent Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Vascular Stent market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Vascular Stent survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Vascular Stent industry.
Key market trends defining the global Vascular Stent demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Vascular Stent Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Vascular Stent industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Vascular Stent companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Vascular Stent industry
Leading Vascular Stent companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Vascular Stent companies.
Vascular Stent Market Study- Strategic Analysis Review
The Vascular Stent market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Vascular Stent Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Vascular Stent industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.
Vascular Stent Country Analysis and Revenue Outlook to 2032
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.
North America Vascular Stent Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Vascular Stent market segments. Similarly, Strong market demand is encouraging Canadian Vascular Stent companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Vascular Stent market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Vascular Stent Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Vascular Stent industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Vascular Stent market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Vascular Stent Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Vascular Stent in Asia Pacific. In particular, China, India, and South East Asian Vascular Stent markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Vascular Stent Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Vascular Stent Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Vascular Stent market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Vascular Stent.
Vascular Stent Market Company Profiles
The global Vascular Stent market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Abbott Laboratories, B. Braun Melsungen AG, Biotronik SE & Co. KG, Boston Scientific Corp, Cook Medical Inc, Cordis Corp, Endologix Inc, EP Medsystems Inc, Fujifilm Corp, General Electric Company, Johnson & Johnson Inc, JOTEC GmbH, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd, Lombard Medical Technologies Inc, Medtronic PLC, Meril Life Sciences Pvt. Ltd, MicroPort Scientific Corp, Nihon Kohden Corp, Osypka AG, Purple Medical Solution Pvt. Ltd, Sahajanand Medical Technologies Pvt. Ltd, Siemens Healthineers AG, Spectranetics Corp, Stentys SA, Stryker Corp, Terumo Corp, Translumina GmbH, W. L. Gore & Associates Inc, ZOLL Medical Corp.
Recent Vascular Stent Market Developments
The global Vascular Stent market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Vascular Stent Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Type
Coronary Stents
Peripheral Stents
EVAR Stent Grafts
Abdominal Aortic Aneurysm
Thoracic Aortic Aneurysm
By Type
Bare-metal Stents
Drug-eluting Stents
Bioabsorbable Stents
By Mode of Delivery
Balloon-expandable Stents
Self-expanding Stents
By Material
Metallic Stents
Cobalt Chromium
Platinum Chromium
Nickel Titanium
Stainless Steel
Others
By End-User
Hospitals
Cardiac Centers
Ambulatory Surgical Centers
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Abbott Laboratories
B. Braun Melsungen AG
Biotronik SE & Co. KG
Boston Scientific Corp
Cook Medical Inc
Cordis Corp
Endologix Inc
EP Medsystems Inc
Fujifilm Corp
General Electric Company
Johnson & Johnson Inc
JOTEC GmbH
Koninklijke Philips N.V.
Lepu Medical Technology (Beijing) Co. Ltd
Lombard Medical Technologies Inc
Medtronic PLC
Meril Life Sciences Pvt. Ltd
MicroPort Scientific Corp
Nihon Kohden Corp
Osypka AG
Purple Medical Solution Pvt. Ltd
Sahajanand Medical Technologies Pvt. Ltd
Siemens Healthineers AG
Spectranetics Corp
Stentys SA
Stryker Corp
Terumo Corp
Translumina GmbH
W. L. Gore & Associates Inc
ZOLL Medical Corp
Formats Available: Excel, PDF, and PPT