Product Code: ETC13305548 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Covered Stent Market was valued at USD 3.4 Billion in 2024 and is expected to reach USD 6.3 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).
The Global Covered Stent Market is experiencing steady growth due to the increasing prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures. Covered stents are used in the treatment of various conditions such as coronary artery disease, peripheral artery disease, and bile duct strictures. The market is driven by technological advancements in stent design, growing geriatric population, and the rising adoption of covered stents in emerging economies. Key players in the market are focusing on product innovation, strategic collaborations, and geographical expansion to gain a competitive edge. However, stringent regulations, high cost associated with covered stents, and the risk of complications such as restenosis and thrombosis are some of the factors that may hinder market growth. Overall, the Global Covered Stent Market is poised for significant growth in the coming years.
The Global Covered Stent Market is experiencing significant growth due to the rising prevalence of cardiovascular diseases and increasing adoption of minimally invasive procedures. Technological advancements in stent design and materials, such as drug-eluting covered stents, are also driving market expansion. Additionally, the growing aging population and the higher demand for effective treatments are creating opportunities for market players to innovate and develop new products. Emerging economies in Asia-Pacific and Latin America present untapped markets for covered stent manufacturers to expand their business. However, the market faces challenges such as stringent regulatory approval processes and the high cost associated with covered stent procedures. Overall, the Global Covered Stent Market is poised for continued growth with a focus on technological innovation and market expansion strategies.
The Global Covered Stent Market faces several challenges, including intense competition among key players leading to pricing pressures and margin erosion. Additionally, regulatory hurdles and stringent approval processes for new covered stent products hinder market growth and innovation. Variability in healthcare reimbursement policies across different regions also presents a challenge, impacting the adoption of covered stents. Moreover, the limited awareness among healthcare professionals and patients about the benefits of covered stents compared to traditional stents poses a barrier to market expansion. Addressing these challenges will require continuous R&D efforts to develop advanced covered stent technologies, strategic pricing strategies, effective market education initiatives, and collaborative efforts among industry stakeholders to navigate the complex regulatory landscape and ensure market sustainability and growth.
The global covered stent market is primarily driven by the increasing prevalence of cardiovascular diseases, such as coronary artery disease and peripheral artery disease, which require stent implantation to restore blood flow. The rising geriatric population, lifestyle changes leading to higher incidence of risk factors like obesity and diabetes, and technological advancements in stent design are also key drivers of market growth. Additionally, the growing preference for minimally invasive procedures and the expanding healthcare infrastructure in emerging economies are contributing to the increasing adoption of covered stents. The potential benefits of covered stents, such as reduced risk of restenosis and thrombosis compared to bare-metal stents, further fuel market demand among both patients and healthcare providers.
Government policies related to the Global Covered Stent Market vary by region, with regulations often focused on ensuring the safety and efficacy of medical devices. In the United States, the Food and Drug Administration (FDA) oversees the approval and monitoring of covered stents, requiring manufacturers to meet stringent standards for quality and performance. In the European Union, covered stents are regulated under the Medical Devices Regulation (MDR), which sets out requirements for product safety, clinical evidence, and post-market surveillance. These policies aim to protect patient health and promote innovation in the medical device industry while ensuring that covered stents meet the necessary quality standards for use in healthcare settings globally.
The Global Covered Stent Market is projected to witness steady growth in the coming years, driven by increasing cases of cardiovascular diseases, advancements in stent technology, and rising demand for minimally invasive procedures. As the aging population grows and lifestyle-related health issues become more prevalent, the need for effective treatment options such as covered stents is expected to rise. Additionally, ongoing research and development efforts aimed at enhancing the performance and durability of covered stents are likely to further propel market growth. However, regulatory challenges and pricing pressures may pose some constraints to market expansion. Overall, the Global Covered Stent Market is anticipated to experience sustained growth, with opportunities for innovation and market penetration in various regions worldwide.
The global covered stent market is witnessing significant growth across different regions. In Asia, the market is driven by the increasing prevalence of cardiovascular diseases and the growing adoption of minimally invasive procedures. North America leads the market due to the presence of advanced healthcare infrastructure and a high prevalence of chronic diseases. In Europe, the market is propelled by rising healthcare expenditure and a growing geriatric population. The Middle East and Africa region is experiencing growth due to improving healthcare facilities and a rising awareness about stent procedures. Latin America is also showing promising growth, driven by increasing investments in healthcare infrastructure and technology. Overall, the global covered stent market is expected to continue expanding across all regions in the coming years.
Global Covered Stent 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 Covered Stent Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Covered Stent Market Revenues & Volume, 2021 & 2031F |
3.3 Global Covered Stent Market - Industry Life Cycle |
3.4 Global Covered Stent Market - Porter's Five Forces |
3.5 Global Covered Stent Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Covered Stent Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Global Covered Stent Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Covered Stent Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.9 Global Covered Stent Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Global Covered Stent Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Covered Stent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Covered Stent Market Trends |
6 Global Covered Stent Market, 2021 - 2031 |
6.1 Global Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Covered Stent Market, Revenues & Volume, By Metal-based, 2021 - 2031 |
6.1.3 Global Covered Stent Market, Revenues & Volume, By Polymer-based, 2021 - 2031 |
6.1.4 Global Covered Stent Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.2 Global Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Covered Stent Market, Revenues & Volume, By Coronary Artery Disease, 2021 - 2031 |
6.2.3 Global Covered Stent Market, Revenues & Volume, By Aneurysm Repair, 2021 - 2031 |
6.2.4 Global Covered Stent Market, Revenues & Volume, By Vascular Surgery, 2021 - 2031 |
6.3 Global Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Covered Stent Market, Revenues & Volume, By Peripheral, 2021 - 2031 |
6.3.3 Global Covered Stent Market, Revenues & Volume, By Endovascular, 2021 - 2031 |
6.3.4 Global Covered Stent Market, Revenues & Volume, By Gastrointestinal, 2021 - 2031 |
6.4 Global Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Covered Stent Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.3 Global Covered Stent Market, Revenues & Volume, By Cardiology Clinics, 2021 - 2031 |
6.4.4 Global Covered Stent Market, Revenues & Volume, By Research Institutes, 2021 - 2031 |
6.5 Global Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Covered Stent Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.5.3 Global Covered Stent Market, Revenues & Volume, By Online, 2021 - 2031 |
6.5.4 Global Covered Stent Market, Revenues & Volume, By Wholesale, 2021 - 2031 |
7 North America Covered Stent Market, Overview & Analysis |
7.1 North America Covered Stent Market Revenues & Volume, 2021 - 2031 |
7.2 North America Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Covered Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Covered Stent Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Covered Stent Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
7.4 North America Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
7.6 North America Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
7.7 North America Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Covered Stent Market, Overview & Analysis |
8.1 Latin America (LATAM) Covered Stent Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Covered Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Covered Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Covered Stent Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Covered Stent Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
8.4 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
8.6 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
8.7 Latin America (LATAM) Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Covered Stent Market, Overview & Analysis |
9.1 Asia Covered Stent Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Covered Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Covered Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Covered Stent Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Covered Stent Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
9.4 Asia Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
9.6 Asia Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
9.7 Asia Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Covered Stent Market, Overview & Analysis |
10.1 Africa Covered Stent Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Covered Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Covered Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Covered Stent Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Covered Stent Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
10.4 Africa Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
10.6 Africa Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
10.7 Africa Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Covered Stent Market, Overview & Analysis |
11.1 Europe Covered Stent Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Covered Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Covered Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Covered Stent Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Covered Stent Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
11.4 Europe Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
11.6 Europe Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
11.7 Europe Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Covered Stent Market, Overview & Analysis |
12.1 Middle East Covered Stent Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Covered Stent Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Covered Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Covered Stent Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Covered Stent Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Covered Stent Market, Revenues & Volume, By Material Type, 2021 - 2031 |
12.4 Middle East Covered Stent Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Covered Stent Market, Revenues & Volume, By Placement, 2021 - 2031 |
12.6 Middle East Covered Stent Market, Revenues & Volume, By End User, 2021 - 2031 |
12.7 Middle East Covered Stent Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Covered Stent Market Key Performance Indicators |
14 Global Covered Stent Market - Export/Import By Countries Assessment |
15 Global Covered Stent Market - Opportunity Assessment |
15.1 Global Covered Stent Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Covered Stent Market Opportunity Assessment, By Material Type, 2021 & 2031F |
15.3 Global Covered Stent Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Covered Stent Market Opportunity Assessment, By Placement, 2021 & 2031F |
15.5 Global Covered Stent Market Opportunity Assessment, By End User, 2021 & 2031F |
15.6 Global Covered Stent Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Covered Stent Market - Competitive Landscape |
16.1 Global Covered Stent Market Revenue Share, By Companies, 2024 |
16.2 Global Covered Stent Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |