What is the Coronary Stent Market Size?
According to 6Wresearch internal database and industry insights, the
Global Coronary Stent Market was valued at USD 10.3 billion in 2024 and is anticipated to exceed USD 15.9 billion by 2031, registering a steady at a CAGR of 6.4 % during the forecast period.
Coronary stent market is witnessing significant expansion due to the rising incidence of cardiovascular diseases, growing geriatric population, and increasing adoption of minimally invasive procedures. Technological innovations in stent designs and materials, along with supportive government initiatives for cardiac healthcare infrastructure, are also playing a pivotal role in market development. Additionally, the demand for drug-eluting and bioresorbable stents is rising due to their clinical effectiveness in reducing restenosis and improving long-term outcomes.
Major Growth Factors of the Coronary Stent Industry
- Increasing prevalence of coronary artery disease
- Growing demand for minimally invasive procedures
- Advancements in stent technology
- Expanding aging population
- Rising healthcare expenditure
- Favourable reimbursement policies
- Increasing patient awareness
- Growth in interventional cardiology procedures
Coronary Stent Market Trends
Coronary stent market is evolving with a shift towards bioresorbable scaffolds and next-generation drug-eluting stents offering enhanced deliverability and patient safety. There is growing interest in personalized medicine and AI-assisted diagnostics to support stent deployment decisions. Companies are also focusing on value-based healthcare and outpatient care models to reduce overall treatment costs and improve accessibility.
Emerging Developments in the Coronary Stent Industry
Coronary stent industry is observing advancements such as nanotechnology-enhanced coatings, biodegradable polymer-based stents, and integration with imaging and navigation systems to enhance precision. There is also an increasing emphasis on R&D partnerships, regulatory approvals in emering markets, and integration of data-driven solutions to track post-procedural outcomes and improve stent longevity.
Major Companies in the Coronary Stent Industry
- Abbott Laboratories
- Medtronic plc
- Boston Scientific Corporation
- Biotronik SE & Co. KG
- Terumo Corporation
- B. Braun Melsungen AG
- Cook Medical
- MicroPort Scientific Corporation
How big is the coronary stent market : FAQ's
Coronary stent market was valued at approximately USD 10.3 billion and is projected to reach around USD 15.9 billion.
The coronary stent market is expected to grow at a CAGR of 6.4% during the forecast period.
Key trends of coronary stent market include increasing adoption of bioresorbable stents, innovation in drug-eluting technologies, and integration of digital health tools.
The coronary stent market is driven by rising cases of coronary artery disease, demand for minimally invasive procedures, and advancements in stent technologies.
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