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.
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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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
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