The global self-expanding stent market is anticipated to grow at a moderate CAGR of 4.5% during the forecast period (2024-2031). The continuous R&D on self-expanding stents to find new application areas is a key factor driving the growth of the global market. For instance, in April 2023, Turkish medical firm Invamed developed a “Stena Peripheral Flow Directing Stent” for the treatment of peripheral artery aneurysms.
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Further, in December 2022, doctors at Chest Disease (CD) hospital achieved a rare feat by operating and successfully placing a special kind of metallic stent in a 52-year-old patient through Rigid Bronchoscopy. This procedure was performed under general anesthesia and the airway was secured by a rigid bronchoscope and a ‘Self-expanding Tracheobronchial Y-shaped Metallic Stent (SEMS)’ was placed in position under direct vision via a bronchoscope.
The innovation in manufacturing these stents further aids in the market growth. For instance, in April 2020, an article published in the National Library of Medicine, recent advances in manufacturing innovative stents show aiming for greater patient safety and a higher success rate for cardiovascular treatments, researchers and doctors are focusing heavily on developing novel materials, methods, and solutions to improve the clinical outcome of currently available stent types.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Product Type
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Abbott Laboratories, Beckton, Dickinson & Co., Biotronik, Medtronic plc, and Boston Scientific Corp. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Self-Expanding Stent Market Report Segment
By Product Type
- Open-Cell
- Closed Cell
By Application
- Peripheral Artery Disease
- Vascular Stenosis
- Gastrointestinal Tract
- Respiratory Tract
- Cardiovascular System
By End-User
- Hospitals
- Specialized Clinics
- Ambulatory Surgical Centers
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Self-Expanding Stent Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Braun Melsungen AG
- Cardinal Health, Inc.
- Cook Medical, Inc.
- Cordis Corp.
- Edward Lifesciences Corp.
- Medtronic plc
- Merit Medical Systems, Inc.
- Olympus Corp.
- Terumo Corp.
- Veryan Medical
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
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