Global Vascular Stents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Drug-Eluting Stents, Bare-Metal Stents, and Bioabsorbable StentsBy Material;
Metallic Stents, and OthersBy Application;
Coronary Artery Disease, Peripheral Vascular Disease, and Artery DiseaseBy End User;
Hospitals, and Ambulatory Surgery CentersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Vascular Stents Market Overview
Vascular Stents Market (USD Million)
Vascular Stents Market was valued at USD 9,479.06 million in the year 2024. The size of this market is expected to increase to USD 14,759.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.
Global Vascular Stents Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 6.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 6.5 % |
Market Size (2024) | USD 9,479.06 Million |
Market Size (2031) | USD 14,759.40 Million |
Market Concentration | Medium |
Report Pages | 348 |
Major Players
- Medtronic Plc
- Abbott Laboratories
- Boston Scientific Corporation
- Biotronik Se & Co. Kg
- B. Braun Melsungen Ag
- Terumo Corporation
- Microport Scientific Corporation
- Meril Life Sciences Pvt. Ltd.
- Vascular Concepts Limited
- C.R. Bard, Inc.
- W.L. Gore and Associates, Inc.
- Endologix, Inc.
- Lombard Medical
- JOTEC GmbH
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Vascular Stents Market
Fragmented - Highly competitive market without dominant players
The vascular stents market is witnessing considerable expansion due to the rising burden of cardiovascular diseases and a growing preference for less invasive treatment options. Vascular stents are mesh-like tubes inserted into blood vessels to maintain adequate blood flow and prevent vessel blockage. With the global increase in sedentary lifestyles, hypertension, and diabetes, the prevalence of vascular complications is on the rise, further driving demand for these life-saving devices.
Technological Advancements and Product Innovation
Innovation plays a central role in propelling the market forward. Drug-eluting stents have become the most widely adopted segment, accounting for more than 60% of the market share, owing to their ability to minimize restenosis. Additionally, bioresorbable vascular scaffolds and covered stents are gaining traction for their improved performance in complex lesions and high-risk cases. Advanced imaging techniques, AI-assisted placement systems, and next-generation delivery catheters are also enhancing procedure success rates and reducing complications.
Demographic Shifts
The rise in the geriatric population, particularly in developed economies, significantly contributes to market growth. Individuals aged 65 and above now represent over 20% of the population in many high-income countries, correlating with a higher incidence of vascular disorders.
Challenges and Market Dynamics
Despite the promising outlook, the market is constrained by factors such as high device costs, regulatory complexities, and the risk of post-procedural complications including in-stent thrombosis. Additionally, disparities in reimbursement coverage and access to advanced stents remain significant barriers in low-income regions. Nevertheless, ongoing R&D, strategic partnerships, and geographical expansion by key market players are expected to offset these challenges and sustain long-term growth.
Vascular Stents Market Recent Developments
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In May 2024, Abbott Laboratories introduced the XIENCE Sierra Everolimus Drug-Eluting Coronary Stent System in India, marking a significant advancement in interventional cardiology. This next-generation stent is engineered specifically for patients suffering from blocked coronary arteries, offering enhanced deliverability, improved flexibility, and superior outcomes in complex procedures. The launch underscores Abbott’s commitment to expanding access to innovative cardiovascular solutions in high-burden markets like India, where the prevalence of heart disease continues to rise.
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In April 2024, Abbott Laboratories received U.S. FDA approval for its Esprit BTK Everolimus Eluting Resorbable Scaffold System, marking a major advancement in the treatment of chronic limb-threatening ischemia (CLTI) in below-the-knee (BTK) arteries. This cutting-edge resorbable scaffold is designed to provide temporary vessel support while delivering everolimus, a drug that helps prevent restenosis. Once its purpose is served, the scaffold gradually dissolves, leaving behind a restored and functional artery. The approval represents a crucial milestone in improving limb salvage outcomes for patients with advanced peripheral artery disease.
Vascular Stents Market Segment Analysis
In this report, the Vascular Stents Market has been segmented by Type, Material, End User, and Geography.
Vascular Stents Market , Segmentation by Type
The Vascular Stents Market has been segmented by Type into Drug-Eluting Stents, Bare-Metal Stents, and Bioabsorbable Stents.
Drug-Eluting Stents (DES)
Drug-Eluting Stents hold the largest share in the vascular stents market, commanding around 65% of total usage. These stents are designed with a special drug coating that gradually releases medication to prevent arteries from narrowing again. Their proven effectiveness in reducing restenosis and lowering repeat procedures has made them the top choice among cardiologists. Continuous innovation in polymer technology and improved long-term outcomes have further cemented their position in the market.
Bare-Metal Stents (BMS)
Accounting for approximately 20% of the market, Bare-Metal Stents are an older, yet still relevant, technology. Unlike DES, they lack a drug coating and are typically used in patients who may not be suitable for long-term dual antiplatelet therapy. While their popularity has decreased over time, BMS continue to be utilized in specific medical cases, particularly in regions where cost or patient condition limits access to advanced stent types.
Bioabsorbable Stents
Bioabsorbable stents comprise the remaining 15% of the vascular stents market. These innovative devices dissolve naturally within the body after fulfilling their role, reducing the risks of long-term complications such as inflammation or late stent thrombosis. Though still gaining traction, their usage is expected to rise as more clinical data and regulatory support emerge. These stents offer a significant advancement by allowing arteries to return to a more natural state after treatment.
Vascular Stents Market , Segmentation by Material
The Vascular Stents Market has been segmented by Material into Metallic Stents, and Others.
Metallic Stents
Metallic stents currently lead the vascular stents market, making up approximately 85% of the total share. These stents are crafted from durable and biocompatible materials such as stainless steel and cobalt-chromium alloys. Their popularity stems from their structural reliability, proven safety record, and compatibility with drug coatings. Continuous enhancements in material engineering, including the development of thinner struts and superior alloy blends, have strengthened their clinical value and sustained market dominance.
Biocompatibility and Patient-Centric Design
A key market trend across all materials is the drive toward enhanced biocompatibility. Reducing adverse reactions and supporting natural healing have become top priorities. Both metallic and non-metallic stents are being reengineered with biofriendly coatings and surface modifications to promote faster recovery and long-term success. This trend is reshaping how manufacturers design stents for safer and more customized patient outcomes.
Vascular Stents Market , Segmentation by Application
The Vascular Stents Market has been segmented by Application into Coronary Artery Disease, Peripheral Vascular Disease, and Artery Disease.
Coronary Artery Disease (CAD)
Coronary Artery Disease is the leading segment in the vascular stents market, contributing to around 55% of total usage. This dominance stems from the widespread occurrence of conditions like obesity, hypertension, and diabetes, which significantly increase the risk of arterial blockages. Vascular stents are essential in procedures that open up clogged coronary arteries, helping restore proper heart function. The growing adoption of drug-eluting stents (DES) and innovations in stent technology are key drivers behind this segment’s continued growth.
Peripheral Vascular Disease (PVD)
With a market share of about 30%, Peripheral Vascular Disease represents the second-largest application segment. This condition often affects older adults and people with diabetes, leading to reduced blood circulation in the limbs, especially the legs. Vascular stents are increasingly used to improve blood flow in affected arteries, offering relief and preventing severe complications. The market has benefited from new stent designs that offer greater flexibility and improved outcomes in minimally invasive procedures.
Artery Disease (Other Arterial Applications)
Accounting for the remaining 15%, this segment includes stents used for treating artery diseases such as carotid artery stenosis and renal artery stenosis. Although smaller in scale, it is gradually expanding due to improvements in diagnostic practices and the development of highly specialized stents. As awareness around these conditions grows, demand for precise and targeted treatment options is expected to rise.
Vascular Stents Market , Segmentation by End User
The Vascular Stents Market has been segmented by End User into Hospitals, and Ambulatory Surgery Centers.
Hospitals
Hospitals dominate the vascular stents market, accounting for about 75% of total usage by end users. This is largely due to their comprehensive healthcare infrastructure, access to specialized cardiovascular teams, and ability to manage high-risk cases. Most vascular stent procedures, particularly those for coronary and peripheral artery diseases, are carried out in hospitals where continuous monitoring and post-operative care are readily available. Their capability to handle emergencies and complex interventions continues to solidify their leadership in this segment.
Ambulatory Surgery Centers (ASCs)
Ambulatory Surgery Centers contribute approximately 25% to the market. These centers have become increasingly popular for performing minimally invasive vascular procedures that don't require extended hospital stays. ASCs provide faster service, reduced costs, and quicker recovery times, making them a viable option for selected patients. As medical technology advances and outpatient care gains traction, this segment is poised for steady growth.
Vascular Stents Market, Segmentation by Geography
In this report, the Vascular Stents Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Vascular Stents Market Share (%), by Geographical Region, 2024
North America
North America is the dominant region in the vascular stents market, accounting for around 35% of total market revenue. The region's strong position is supported by cutting-edge healthcare systems, a high incidence of cardiovascular conditions, and widespread use of minimally invasive interventions. The U.S., in particular, benefits from a well-established reimbursement environment and a concentration of leading medical device companies, which continuously introduce innovative stenting solutions.
Europe
Europe contributes approximately 25% to the vascular stents market. Countries like Germany, the UK, and France are notable for their well-funded public healthcare systems and strong focus on early diagnosis and treatment of cardiovascular diseases. Favorable regulatory policies for new medical technologies and increasing geriatric populations are enhancing demand for advanced vascular stents across the continent.
Asia Pacific
Asia Pacific currently holds about 20% of the market and is poised for rapid growth. Factors such as the rising burden of cardiovascular diseases, expanding access to healthcare, and supportive government policies are driving demand for stents in this region. China, India, and Japan are the key contributors, with an increasing preference for cost-effective and technologically advanced treatment options.
Middle East & Africa & Latin America
The Middle East & Africa, along with Latin America, collectively make up about 20% of the vascular stents market. These regions are witnessing steady improvements in healthcare services and infrastructure. Countries like Brazil and South Africa are gradually expanding access to cardiovascular care, though disparities in medical technology adoption remain a challenge. Nevertheless, rising disease awareness and strategic investments are expected to boost regional growth.
Vascular Stents Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Vascular 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 Geriatric Population Driving Demand
- Surge in Cardiovascular Disease Cases
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Supportive Reimbursement Boosting Market Growth - Favorable reimbursement policies are significantly contributing to the growth of the vascular stents market. By reducing the financial burden on patients, these policies ensure broader access to advanced vascular interventions. Countries with robust healthcare systems, such as the United States and Germany, benefit from insurance frameworks that cover a considerable portion of the costs related to stent placement procedures. This financial support makes it easier for patients to undergo life-saving cardiovascular treatments.
Increased insurance coverage also encourages the use of next-generation stents, including drug-eluting and bioresorbable variants, known for their superior efficacy and reduced risk of complications. Healthcare providers are more inclined to recommend these procedures, knowing that patients are financially protected. This has led to a surge in procedural volumes, especially in regions where public or private insurance systems are well-integrated into cardiovascular care.
Favorable reimbursement conditions promote faster adoption of innovations in stent technology. When manufacturers receive consistent reimbursement for new devices, it fuels further investment in research and development. This dynamic has helped the market evolve rapidly with the introduction of more advanced and patient-friendly vascular stents. Ultimately, these policies improve patient outcomes while simultaneously accelerating market growth.
Restraints:
- Elevated Pricing Limits Market Reach
- Restricted Access in Underserved Areas
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Potential Threat of Stent Thrombosis - The risk of stent thrombosis poses a serious restraint on the growth of the vascular stents market. Stent thrombosis refers to the formation of a blood clot at the implanted stent site, which can lead to life-threatening complications such as heart attacks or sudden cardiac death. Despite ongoing advancements in stent technologies and pharmacological support, this risk continues to be a major concern, particularly during the early post-implantation period.
Drug-eluting stents, although effective in reducing restenosis, have been associated with delayed healing of the blood vessel lining, which can increase the likelihood of late-stage thrombosis. This has made both healthcare providers and regulators cautious about their usage, especially in patients with complex conditions or those unlikely to follow long-term antiplatelet medication regimens. Such clinical hesitations hinder the wider adoption of stenting procedures.
The management of stent thrombosis is not only complex but also costly. It requires prolonged hospitalization, intensive care, and extended medication use, placing a financial strain on healthcare systems and patients. Additionally, the need for long-term dual antiplatelet therapy raises the risk of bleeding, creating further clinical complications and reducing patient eligibility for stenting.
Even with the development of advanced stents aimed at minimizing thrombosis risk, the prevailing concerns among physicians and patients slow down market growth. In regions where follow-up care is limited, the challenges are even more pronounced, affecting the broader adoption of vascular stents and limiting their potential impact on cardiovascular treatment outcomes.
Opportunities:
- Development of Bioabsorbable Stents
- Collaboration with Healthcare Institutions
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Focus on Patient-Centric Care - The growing focus on patient-centric care is creating significant opportunities for expansion in the vascular stents market. As healthcare systems increasingly prioritize personalized treatment, there is rising demand for stents that align with individual patient needs and clinical profiles. This shift is reshaping the market by encouraging the development of advanced stent designs that deliver improved outcomes and better patient experiences.
Manufacturers are now investing in vascular stents that offer higher flexibility, reduced complication rates, and improved compatibility with the patient’s vascular anatomy. The introduction of bioresorbable stents, which naturally dissolve after performing their function, reflects the industry's move toward safer and more comfortable treatment options. These innovations are enhancing the appeal of stenting procedures, particularly among patients with complex or chronic vascular conditions.
The integration of imaging and diagnostic tools into the treatment planning process also supports this patient-centered model. By enabling more precise stent placement and minimizing procedural risks, these technologies contribute to shorter hospital stays and faster recoveries. As healthcare reimbursement becomes increasingly outcome-focused, the market is witnessing a growing preference for devices that demonstrate measurable benefits to patient well-being.
Involving patients in their own care journey leads to better adherence to post-procedural protocols, improving long-term health outcomes. This emphasis on individualized care is encouraging collaboration between clinicians, manufacturers, and patients, resulting in more innovative and patient-friendly vascular stent solutions. The trend toward patient-centric care is not only improving treatment success but also unlocking new growth avenues for market stakeholders.
Vascular Stents Market Competitive Landscape Analysis
Key players in Vascular Stents Market include:
- Medtronic Plc
- Abbott Laboratories
- Boston Scientific Corporation
- Biotronik Se & Co. Kg
- B. Braun Melsungen Ag
- Terumo Corporation
- Microport Scientific Corporation
- Meril Life Sciences Pvt. Ltd.
- Vascular Concepts Limited
- C.R. Bard, Inc.
- W.L. Gore and Associates, Inc.
- Endologix, Inc.
- Lombard Medical
- JOTEC GmbH
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 Type
- Market Snapshot, By Material
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Vascular Stents Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Geriatric Population Driving Demand
- Surge in Cardiovascular Disease Cases
- Supportive Reimbursement Boosting Market Growth
- Restraints
- Elevated Pricing Limits Market Reach
- Restricted Access in Underserved Areas
- Potential Threat of Stent Thrombosis
- Opportunities
- Development of Bioabsorbable Stents
- Collaboration with Healthcare Institutions
- Focus on Patient-Centric Care
- 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
- Vascular Stents Market, By Type, 2021 - 2031 (USD Million)
- Drug-Eluting Stents
- Bare-Metal Stents
- Bioabsorbable Stents
- Vascular Stents Market, By Material, 2021 - 2031 (USD Million)
- Metallic Stents
- Others
- Vascular Stents Market, By Application, 2021 - 2031 (USD Million)
- Coronary Artery Disease
- Peripheral Vascular Disease
- Artery Disease
- Vascular Stents Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Ambulatory Surgery Centers
- Vascular Stents Market Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Vascular Stents Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Medtronic Plc
- Abbott Laboratories
- Boston Scientific Corporation
- Biotronik Se & Co. Kg
- B. Braun Melsungen Ag
- Terumo Corporation
- Microport Scientific Corporation
- Meril Life Sciences Pvt. Ltd.
- Vascular Concepts Limited
- C.R. Bard, Inc.
- W.L. Gore and Associates, Inc.
- Endologix, Inc.
- Lombard Medical
- JOTEC GmbH
- Company Profiles
- Analyst Views
- Future Outlook of the Market