Stents Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the global stents market from 2023 to 2033, discussing market size, trends, and the competitive landscape. Insights into segmentation, regional performance, and future forecasts are also included.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $11.00 Billion |
| CAGR (2023-2033) | 7.8% |
| 2033 Market Size | $23.85 Billion |
| Top Companies | Boston Scientific Corporation, Abbott Laboratories, Medtronic Plc, B. Braun Melsungen AG, Terumo Corporation |
| Last Modified Date | 15 Nov 2024 |
Stents Market Report (2023 - 2033)
Stents Market Overview
What is the Market Size & CAGR of Stents market in 2033?
Stents Industry Analysis
Stents Market Segmentation and Scope
Request a custom research report for industry.
Stents Market Analysis Report by Region
Europe Stents Market Report:
With a market size projected at $3.61 billion in 2023 and an anticipated $7.83 billion by 2033, Europe remains a significant market for stents, driven by robust healthcare systems and high awareness regarding cardiovascular diseases.Asia Pacific Stents Market Report:
In 2023, the stents market in the Asia Pacific region is valued at approximately $2.11 billion, anticipated to grow to about $4.58 billion by 2033. An increase in cardiovascular diseases and healthcare access improvements are key drivers of growth.North America Stents Market Report:
The North American market for stents is projected to rise from $3.62 billion in 2023 to $7.85 billion by 2033. High prevalence rates of coronary artery diseases and technological advancements play significant roles in this market segment.South America Stents Market Report:
South America’s stents market is estimated at $0.60 billion in 2023, expected to grow to $1.29 billion by 2033. Challenges remain due to varying healthcare infrastructure across different countries, but increasing investments in healthcare are fostering growth.Middle East & Africa Stents Market Report:
The Middle East and Africa stents market is expected to grow from $1.06 billion in 2023 to $2.29 billion by 2033, driven by improved healthcare facilities and increasing health insurance coverage across the region.Request a custom research report for industry.
Stents Market Analysis By Product Type
Global Stents Market, By Product Type Market Analysis (2023 - 2033)
Within the product type segmentation, metal stents hold a significant share, valued at $6.82 billion in 2023, projected to reach $14.78 billion by 2033. Drug-eluting stents, valued at $2.29 billion in 2023, are expected to achieve $4.96 billion by 2033. Bioresorbable stents also exhibit rapid growth, moving from $1.89 billion in 2023 to $4.10 billion in 2033.
Stents Market Analysis By Application
Global Stents Market, By Application Market Analysis (2023 - 2033)
In terms of applications, the cardiology segment dominates with a market size of $6.21 billion in 2023, set to grow to $13.47 billion by 2033. The vascular application segment follows, expected to rise from $2.39 billion to $5.18 billion. Other critical applications include urology and gastroenterology.
Stents Market Analysis By End User
Global Stents Market, By End-User Market Analysis (2023 - 2033)
Hospitals play a critical role in the distribution of stents, accounting for 62% of the market share in 2023, with a market size of $6.82 billion. Ambulatory surgery centers follow closely, representing 20.82% share. The need for efficient surgical interventions drives demand in these facilities.
Stents Market Analysis By Material
Global Stents Market, By Material Market Analysis (2023 - 2033)
Analyzing material types, bare metal stents have a significant presence in the market with a share of 62% and a size of $6.82 billion in 2023. Drug-eluting stents, made of polymers, also hold a substantial piece of the market, with forecasts suggesting continued demand in surgical settings.
Stents Market Analysis By Distribution Channel
Global Stents Market, By Distribution Channel Market Analysis (2023 - 2033)
Direct sales dominate the distribution channel for stents, maintaining a 62% share with a market size reaching $6.82 billion. The online distribution channel is emerging, with growing penetration, signaling shifts in purchasing behaviors.
Stents Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Stents Industry
Boston Scientific Corporation:
Boston Scientific is a leading medical device manufacturer known for its innovative stent technologies, particularly in cardiology and vascular interventions.Abbott Laboratories:
Abbott is a global healthcare leader, with a strong presence in the stents market, offering a range of drug-eluting and bare metal stents.Medtronic Plc:
Medtronic specializes in medical technology, providing advanced stenting solutions for various applications including drug-eluting and vascular stents.B. Braun Melsungen AG:
B. Braun offers a diverse portfolio of stenting solutions and emphasizes patient safety in its innovative designs.Terumo Corporation:
Terumo is well-known for its innovative vascular interventions and has a strong focus on delivering high-quality stenting products.We're grateful to work with incredible clients.
