Global Coronary Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Drug-Eluting Stent, Bare Metal Coronary Stent, and Bio Absorbable StentBy Type;
Balloon Expendable Stent and Self-Expendable StentBy Material;
Cobalt-Chromium Alloy, Stainless Steel, and OthersBy End User;
Hospitals and Ambulatory Surgical CentersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Coronary Stents Market Overview
Coronary Stents Market (USD Million)
Coronary Stents Market was valued at USD 12,215.76 million in the year 2024. The size of this market is expected to increase to USD 20,908.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.
Global Coronary Stents Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.0 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.0 % |
Market Size (2024) | USD 12,215.76 Million |
Market Size (2031) | USD 20,908.54 Million |
Market Concentration | Medium |
Report Pages | 306 |
Major Players
- Abbott
- Medtronic
- Boston Scientific Corporation
- Terumo Corporation
- B Braun Melsungen AG
- Biotronik
- Stentys SA
- MicroPort Scientific Corporation
- C. R. Bard, Inc.
- Cook Medical
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Coronary Stents Market
Fragmented - Highly competitive market without dominant players
The Coronary Stents Market is witnessing substantial growth, driven by the rising incidence of cardiovascular diseases, which are responsible for nearly 30% of fatalities. This trend has significantly boosted the demand for coronary stents, which are essential in interventional cardiology for maintaining open arteries and restoring normal blood flow. These medical devices have become critical in reducing the risk of heart attacks and related complications, aligning with the growing focus on minimally invasive treatments and improved patient outcomes.
Innovations in Stent Technology
Technological advancements have played a pivotal role in the evolution of coronary stents. Modern stents, including drug-eluting stents (DES), bare-metal stents (BMS), and bioresorbable vascular scaffolds (BVS), now offer enhanced safety and efficacy. Notably, drug-eluting stents, which constitute over 60% of the market, are highly preferred for their ability to significantly reduce restenosis rates and improve long-term patient outcomes. These innovations are transforming the landscape of cardiac care by addressing critical concerns like restenosis and thrombosis.
Impact of Aging Population and Rising Healthcare Spending
An aging global population and increasing healthcare spending are further accelerating market growth. Over 40% of coronary stent procedures are performed on individuals aged 60 and above, a demographic that continues to expand globally. This trend underscores the critical need for advanced stent technologies that cater to the specific requirements of older patients, ensuring better long-term cardiovascular health.
Future Outlook and Growth Potential
With ongoing advancements in materials, coatings, and stent designs, the coronary stents market is poised for sustained growth. Currently, more than 55% of research investments in the cardiovascular sector focus on next-generation stent technologies that prioritize both patient safety and clinical efficacy. This strategic focus is expected to drive market expansion in the coming years, creating new opportunities for innovation and patient care.
Coronary Stents Market Recent Developments
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In April 2021, Abbott launched its AI-powered Ultreon 1.0 Software in Europe, designed to enhance coronary imaging by detecting calcium-based blockages and measuring vessel diameter during stenting procedures.
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In February 2021, Cardiovascular Systems Inc partnered with Chansu Vascular Technologies, LLC to co-develop drug-coated balloons aimed at improving the performance of drug-eluting stents.
Coronary Stents Market Segment Analysis
In this report, the Coronary Stents Market has been segmented by Product Type, Type, Material, End User, and Geography.
Coronary Stents Market, Segmentation by Product Type
The Coronary Stents Market has been segmented by Product Type into Drug-Eluting Stent, Bare Metal Coronary Stent, and Bioabsorbable Stent.
Drug-Eluting Stent (DES)
Drug-eluting stents (DES) dominate the coronary stents market with an estimated 70% share. These stents gradually release anti-proliferative drugs, significantly reducing the risk of in-stent restenosis. Their clinical superiority, combined with improved long-term outcomes, has made them the preferred choice in both acute coronary syndrome and elective interventions.
Bare Metal Coronary Stent (BMS)
Bare metal stents (BMS) comprise about 20% of the market. Though their use has declined due to the rise of DES, BMS remains relevant for patients with bleeding risks, financial limitations, or shorter dual antiplatelet therapy eligibility. They also offer faster vascular healing, beneficial in certain clinical scenarios.
Bioabsorbable Stent
Bioabsorbable stents hold approximately 10% of the coronary stents market. These stents dissolve naturally in the body over time, aiming to restore natural vasomotion. While their appeal lies in avoiding permanent metal implants, high costs and mixed clinical outcomes have slowed their adoption in routine clinical practice.
Coronary Stents Market, Segmentation by Type
The Coronary Stents Market has been segmented by Type into Balloon Expendable Stent and Self-Expendable Stent.
Balloon Expandable Stent
Balloon expandable stents hold approximately 80% of the coronary stents market. These stents are delivered to the lesion site via a balloon catheter and expanded by inflation, ensuring high deployment accuracy and excellent radial strength. Their usage is preferred in coronary arteries due to the demand for precise stent placement and predictable outcomes.
Self-Expandable Stent
Self-expandable stents make up nearly 20% of the market. Engineered from materials like nitinol, these stents expand on their own upon release, without balloon assistance. Their flexibility and adaptability to vessel anatomy make them suitable for complex or curved arteries, though their use in coronary applications remains limited compared to peripheral arteries.
Coronary Stents Market, Segmentation by Material
The Coronary Stents Market has been segmented by Material into Cobalt-Chromium Alloy, Stainless Steel, and Others.
Cobalt-Chromium Alloy
Cobalt-chromium alloy stents lead the market with a share of around 60%. These stents are known for their exceptional strength-to-weight ratio, biocompatibility, and thin-strut design, which supports faster endothelialization and better deliverability. Their popularity is further enhanced by their radiopacity, which allows for superior visualization during placement.
Stainless Steel
Stainless steel stents comprise nearly 25% of the market. While historically dominant, their use has declined due to thicker struts, reduced flexibility, and lower visibility in comparison to advanced materials. However, they remain in use for cost-sensitive markets and low-risk patients.
Others
Other materials, including platinum-chromium, polymer blends, and bioresorbable compounds, make up about 15% of the market. These materials are being explored for their unique advantages such as improved flexibility, long-term biocompatibility, and eventual absorption by the body, supporting innovation in next-gen coronary stents.
Coronary Stents Market, Segmentation by End User
The Coronary Stents Market has been segmented by End User into Hospitals and Ambulatory Surgical Centers.
Hospitals
Hospitals continue to lead the coronary stents market, capturing nearly 78% of the total share. This dominance is driven by their comprehensive medical infrastructure, round-the-clock availability of interventional cardiologists, and the ability to handle complex and emergency procedures. Hospitals remain the first choice for patients requiring stent placements, ensuring both safety and specialized care.
Ambulatory Surgical Centers
Ambulatory Surgical Centers (ASCs) account for about 22% of the global market, steadily gaining traction due to their affordability and efficiency. These centers offer outpatient services with quicker recovery times, which is particularly appealing to patients seeking less invasive cardiac procedures. The integration of cutting-edge stenting technology in ASCs has further expanded their role in modern cardiac care.
Coronary Stents Market, Segmentation by Geography
In this report, the Coronary Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Coronary Stents Market Share (%), by Geographical Region
North America
North America commands the largest share in the coronary stents market, contributing around 36%. This leadership is attributed to a high burden of cardiovascular diseases, well-established healthcare systems, and early adoption of innovative stenting solutions. The presence of top medical device companies also fuels regional market growth.
Europe
Europe holds a robust market position with an estimated 27% share. The region benefits from heightened cardiac health awareness, favorable healthcare regulations, and a high standard of clinical care. Countries like Germany, the UK, and France drive the demand for advanced coronary stent procedures.
Asia Pacific
Asia Pacific is emerging as the most dynamic region in the coronary stents landscape, holding nearly 23% of the market. A growing aging population, rapid urbanization, and increased investments in healthcare infrastructure are accelerating growth. India, China, and Japan are key markets fueling this momentum.
Middle East & Africa
Middle East & Africa represent a developing segment with close to 8% market share. Improvements in healthcare access, rising awareness of heart disease, and economic development are contributing factors. Countries such as the UAE and South Africa are showing notable progress in cardiac care.
Latin America
Latin America accounts for roughly 6% of the coronary stents market. Increasing healthcare reforms, rising lifestyle-related diseases, and demand for cost-effective treatments are driving growth. Brazil and Mexico are leading contributors within this emerging regional market.
Coronary Stents Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Coronary Stents Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising prevalence of cardiovascular diseases
- Advancements in stent technologies
- Increasing demand for minimally invasive procedures
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Growing geriatric population worldwide - The steady increase in the elderly population has become a pivotal force driving the coronary stents market. With advancing age, individuals are more susceptible to conditions like coronary artery disease, which frequently necessitate interventions such as stent placements. Age-related vascular changes, including arterial stiffness and plaque accumulation, contribute to a growing demand for minimally invasive cardiac solutions.
In both developed and emerging regions, improvements in life expectancy are shifting demographics toward a greater proportion of people aged 65 and above. This shift has directly impacted the rise in stent-related procedures, especially as hospitals and cardiac centers become better equipped to address the needs of this high-risk group. The ability to access more sophisticated diagnostics and interventional tools has expanded the potential market considerably.
Older patients increasingly prefer less invasive treatment methods that offer quicker recovery and fewer complications compared to traditional surgery. The use of drug-eluting and bioresorbable stents is becoming more prevalent among this demographic, thanks to their enhanced safety and long-term efficacy. Medical device manufacturers are responding with innovations tailored to aging hearts, strengthening the market's trajectory.
Governments and health insurers are also expanding coverage to accommodate cardiovascular care for seniors, improving accessibility and encouraging earlier interventions. As diagnostic and interventional services become more widespread among aging populations, the coronary stents market is expected to witness continued growth in both procedure volume and revenue.
Restraints
- High cost of stent procedures
- Risk of post-operative complications
- Limited access in developing regions
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Stringent regulatory approval processes - One of the major barriers to growth in the coronary stents market is the rigorous and complex regulatory approval process. As high-risk medical devices, stents must undergo detailed testing, multi-phase clinical evaluations, and quality assurance protocols before being granted approval by authorities such as the FDA or EMA. While these regulations are crucial for patient safety, they often delay product launches and innovation cycles.
Companies navigating the approval process must comply with varying standards across regions, resulting in increased costs and longer timelines. This challenge disproportionately affects smaller manufacturers that may lack the resources to keep up with the evolving regulatory environment. Such constraints can stifle competition and reduce the entry of new, potentially life-saving technologies into the market.
Additionally, the risk of adverse events or product recalls can result in further scrutiny, slowing down existing and future projects. This creates a risk-averse environment where innovation is sometimes deprioritized in favor of regulatory compliance. Patients may also experience delayed access to new stent options, particularly in regions with strict clinical evidence requirements.
Without reforms aimed at harmonizing and streamlining these global regulatory processes, market growth may be hindered. While safety and efficacy remain top priorities, there is a pressing need for faster, more adaptive pathways that balance innovation with risk mitigation, allowing more patients to benefit from next-generation cardiovascular solutions.
Opportunities
- Emerging markets healthcare expansion
- Innovations in bioresorbable stents
- Personalized medicine and treatment approaches
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Integration of AI in diagnostic procedures - The integration of artificial intelligence (AI) in cardiovascular diagnostics offers a significant opportunity for the coronary stents market. AI technologies are now being used to enhance the accuracy and speed of diagnosing coronary artery disease, supporting clinical decision-making through precise image analysis and predictive modeling. These tools enable more effective planning of stent placements by identifying the optimal approach for each patient.
AI algorithms can process complex medical imaging data from sources like CT angiograms and intravascular ultrasound to detect early signs of arterial blockages and predict procedural outcomes. This approach supports more personalized treatment strategies and leads to fewer complications and improved patient outcomes. As the demand for precision medicine grows, the use of AI in procedural planning is becoming a powerful market driver.
In regions facing shortages of specialized cardiologists, AI can help automate preliminary assessments, making cardiac care more accessible in underserved areas. These systems reduce diagnostic errors and improve workflow efficiency, creating a more scalable and sustainable model for high-quality cardiovascular care.
Ongoing collaborations between AI developers and medical device companies are paving the way for intelligent diagnostic platforms that integrate seamlessly with interventional procedures. As AI continues to evolve, its role in guiding stent procedures and enhancing post-operative monitoring will likely position it as a cornerstone of market innovation and growth.
Coronary Stents Market Competitive Landscape Analysis
Key players in Coronary Stents Market include:
- Abbott
- Medtronic
- Boston Scientific Corporation
- Terumo Corporation
- B Braun Melsungen AG
- Biotronik
- Stentys SA
- MicroPort Scientific Corporation
- C. R. Bard, Inc.
- Cook Medical
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Type
- Market Snapshot, By Material
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coronary Stents Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Rising prevalence of cardiovascular diseases
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Advancements in stent technologies
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Increasing demand for minimally invasive procedures
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Growing geriatric population worldwide
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- Restraints
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High cost of stent procedures
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Risk of post-operative complications
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Limited access in developing regions
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Stringent regulatory approval processes
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- Opportunities
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Emerging markets healthcare expansion
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Innovations in bioresorbable stents
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Personalized medicine and treatment approaches
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Integration of AI in diagnostic procedures
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Coronary Stents Market, By Product Type, 2021 - 2031 (USD Million)
- Drug-Eluting Stent
- Bare Metal Coronary Stent
- Bioabsorbable Stent
- Coronary Stents Market, By Type, 2021 - 2031 (USD Million)
- Balloon Expendable Stent
- Self-Expendable Stent
- Coronary Stents Market, By Material, 2021 - 2031 (USD Million)
- Cobalt-Chromium Alloy
- Stainless Steel
- Others
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Coronary Stents Market, By End User, 2021 - 2031 (USD Million)
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Hospitals
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Ambulatory Surgical Centers
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- Coronary Stents Market, By Geography, 2021 - 2031 (USD Million)
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North America
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United States
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Canada
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Europe
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Germany
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United Kingdom
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France
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Italy
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Spain
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Nordic
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Benelux
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Rest of Europe
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Asia Pacific
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Japan
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China
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India
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Australia & New Zealand
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South Korea
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ASEAN (Association of South East Asian Countries
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Rest of Asia Pacific
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Middle East & Africa
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GCC
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Israel
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- Coronary Stents Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
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Abbott
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Medtronic
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Boston Scientific Corporation
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Terumo Corporation
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B Braun Melsungen AG
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Biotronik
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Stentys SA
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MicroPort Scientific Corporation
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C. R. Bard, Inc.
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Cook Medical
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- Company Profiles
- Analyst Views
- Future Outlook of the Market