| Product Code: ETC13201370 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Balloon-expandable Stents Market was valued at USD 4.8 Billion in 2024 and is expected to reach USD 6.5 Billion by 2031, growing at a compound annual growth rate of 4.20% during the forecast period (2025-2031).
The global balloon-expandable stents market is experiencing steady growth driven by the rising prevalence of cardiovascular diseases worldwide. These stents are widely used in the treatment of coronary artery diseases and peripheral artery diseases, offering advantages such as precise placement and reduced risk of stent migration. Technological advancements in stent design, such as drug-eluting coatings and bioresorbable materials, are further driving market growth. The market is highly competitive, with key players focusing on product development and strategic collaborations to expand their market presence. Geographically, North America and Europe dominate the market due to high healthcare expenditure and advanced healthcare infrastructure, while the Asia-Pacific region is anticipated to witness significant growth due to increasing adoption of minimally invasive procedures and improving healthcare facilities.
The Global Balloon-expandable Stents Market is witnessing a growing demand due to the rising prevalence of cardiovascular diseases worldwide. Technological advancements in stent design and materials are driving innovation in the market, leading to improved patient outcomes and reduced risks of complications. Additionally, the increasing adoption of minimally invasive procedures and the expanding geriatric population are contributing to market growth. Emerging economies in Asia-Pacific and Latin America present significant opportunities for market expansion, as healthcare infrastructure improves and awareness about cardiovascular health increases in these regions. Key players in the market are focusing on strategic partnerships, product launches, and geographical expansion to capitalize on these trends and opportunities, ensuring sustained growth in the Global Balloon-expandable Stents Market.
The Global Balloon-expandable Stents Market faces several challenges, including intense competition among key players leading to price wars and margin pressures. Regulatory hurdles and stringent approval processes for new products also pose a challenge, delaying market entry for innovative stents. Additionally, the market is susceptible to shifts in healthcare policies and reimbursement scenarios, impacting the adoption of balloon-expandable stents. Technological advancements and the introduction of alternative treatments such as drug-eluting stents further intensify competition and market dynamics. Moreover, the occurrence of adverse events like restenosis and thrombosis associated with stent implantation raises concerns among healthcare providers and patients, affecting market growth and adoption rates. Addressing these challenges requires continuous innovation, strategic partnerships, and a strong focus on clinical outcomes and patient safety.
The Global Balloon-expandable Stents Market is primarily driven by the increasing prevalence of cardiovascular diseases and the growing aging population worldwide. The rising adoption of minimally invasive procedures for the treatment of coronary artery diseases is also contributing to the market growth. Advancements in stent technology, such as drug-eluting stents with improved efficacy and safety profiles, are further propelling market expansion. Additionally, the rising awareness about the benefits of balloon-expandable stents in reducing restenosis rates and improving patient outcomes is driving their demand. Furthermore, favorable reimbursement policies for stent implantation procedures and the increasing healthcare expenditure in developing countries are expected to fuel market growth in the coming years.
Government policies related to the Global Balloon-expandable Stents Market primarily focus on regulatory approval processes, quality standards, and reimbursement policies. Regulatory bodies such as the FDA in the United States and the European Medicines Agency (EMA) in Europe have specific requirements for the approval of balloon-expandable stents, ensuring their safety and efficacy. Additionally, governments may set quality standards for manufacturing processes to maintain product consistency and patient safety. Reimbursement policies play a crucial role in market access, as governments and insurers determine the coverage and payment rates for these medical devices, impacting their adoption and market growth. Overall, government policies aim to balance innovation, patient safety, and healthcare affordability in the Global Balloon-expandable Stents Market.
The Global Balloon-expandable Stents Market is expected to witness steady growth in the coming years, driven by the increasing prevalence of cardiovascular diseases, rising geriatric population, and advancements in stent technology. The market is projected to expand further due to the growing demand for minimally invasive procedures and the shift towards outpatient settings for stent implantation. Additionally, the introduction of innovative products with improved efficacy and safety profiles is likely to fuel market growth. However, challenges such as stringent regulatory requirements and competition from alternative stent technologies may hinder the market`s progress. Overall, the Global Balloon-expandable Stents Market is anticipated to experience moderate growth, supported by ongoing research and development efforts to enhance stent design and materials for better patient outcomes.
In the global balloon-expandable stents market, North America and Europe are currently the leading regions due to high prevalence of cardiovascular diseases, advanced healthcare infrastructure, and favorable reimbursement policies. Asia Pacific is expected to witness significant growth driven by rising geriatric population, increasing adoption of minimally invasive procedures, and improving healthcare facilities. The Middle East and Africa region is anticipated to experience steady growth with the increasing focus on healthcare infrastructure development and rising awareness about cardiovascular diseases. Latin America is also projected to show growth opportunities, attributed to improving healthcare access, rising disposable incomes, and increasing prevalence of cardiovascular diseases. Overall, the global balloon-expandable stents market is poised for growth across all regions, driven by technological advancements and increasing demand for minimally invasive treatment options.
Global Balloon-expandable Stents Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Balloon-expandable Stents Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Balloon-expandable Stents Market Revenues & Volume, 2021 & 2031F |
3.3 Global Balloon-expandable Stents Market - Industry Life Cycle |
3.4 Global Balloon-expandable Stents Market - Porter's Five Forces |
3.5 Global Balloon-expandable Stents Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Balloon-expandable Stents Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Balloon-expandable Stents Market Revenues & Volume Share, By Product Material, 2021 & 2031F |
3.8 Global Balloon-expandable Stents Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Global Balloon-expandable Stents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Balloon-expandable Stents Market Trends |
6 Global Balloon-expandable Stents Market, 2021 - 2031 |
6.1 Global Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Balloon-expandable Stents Market, Revenues & Volume, By Bare-Metal Stents, 2021 - 2031 |
6.1.3 Global Balloon-expandable Stents Market, Revenues & Volume, By Drug-Eluting Stents, 2021 - 2031 |
6.1.4 Global Balloon-expandable Stents Market, Revenues & Volume, By Bioabsorbable Stents, 2021 - 2031 |
6.2 Global Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Balloon-expandable Stents Market, Revenues & Volume, By Metallic Stents, 2021 - 2031 |
6.2.3 Global Balloon-expandable Stents Market, Revenues & Volume, By Cobalt Chromium, 2021 - 2031 |
6.2.4 Global Balloon-expandable Stents Market, Revenues & Volume, By Platinum Chromium, 2021 - 2031 |
6.2.5 Global Balloon-expandable Stents Market, Revenues & Volume, By Nickel Titanium, 2021 - 2031 |
6.2.6 Global Balloon-expandable Stents Market, Revenues & Volume, By Stainless Steel, 2021 - 2031 |
6.2.7 Global Balloon-expandable Stents Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Balloon-expandable Stents Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.3.3 Global Balloon-expandable Stents Market, Revenues & Volume, By Cardiac Centers, 2021 - 2031 |
6.3.4 Global Balloon-expandable Stents Market, Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031 |
7 North America Balloon-expandable Stents Market, Overview & Analysis |
7.1 North America Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
7.2 North America Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
7.5 North America Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
8 Latin America (LATAM) Balloon-expandable Stents Market, Overview & Analysis |
8.1 Latin America (LATAM) Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
8.5 Latin America (LATAM) Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
9 Asia Balloon-expandable Stents Market, Overview & Analysis |
9.1 Asia Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
9.5 Asia Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
10 Africa Balloon-expandable Stents Market, Overview & Analysis |
10.1 Africa Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
10.5 Africa Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
11 Europe Balloon-expandable Stents Market, Overview & Analysis |
11.1 Europe Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
11.5 Europe Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
12 Middle East Balloon-expandable Stents Market, Overview & Analysis |
12.1 Middle East Balloon-expandable Stents Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Balloon-expandable Stents Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Balloon-expandable Stents Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Balloon-expandable Stents Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Balloon-expandable Stents Market, Revenues & Volume, By Product Material, 2021 - 2031 |
12.5 Middle East Balloon-expandable Stents Market, Revenues & Volume, By End Users, 2021 - 2031 |
13 Global Balloon-expandable Stents Market Key Performance Indicators |
14 Global Balloon-expandable Stents Market - Export/Import By Countries Assessment |
15 Global Balloon-expandable Stents Market - Opportunity Assessment |
15.1 Global Balloon-expandable Stents Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Balloon-expandable Stents Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Balloon-expandable Stents Market Opportunity Assessment, By Product Material, 2021 & 2031F |
15.4 Global Balloon-expandable Stents Market Opportunity Assessment, By End Users, 2021 & 2031F |
16 Global Balloon-expandable Stents Market - Competitive Landscape |
16.1 Global Balloon-expandable Stents Market Revenue Share, By Companies, 2024 |
16.2 Global Balloon-expandable Stents Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |