Coronary Stent Market Size and Leading Companies
The coronary stent market was valued at USD 8.99 billion in 2023 and is projected to reach USD 12.51 billion by 2032, growing at a steady compound annual growth rate (CAGR) of 3.6% from 2024 to 2032.
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Report Highlights:
- Drug-eluting stents (DES) held the largest market share in 2023, accounting for 60%.
- North America led the global market in 2023 with a 37% share.
- Bioresorbable Scaffold Systems (BRS) are expected to be the fastest-growing segment, with a projected 5.2% CAGR during the forecast period.
- Coronary stents are primarily used for treating coronary artery disease (CAD), which remains the main driver of market growth.
Coronary stents are medical devices commonly used in angioplasty procedures to treat blocked coronary arteries caused by coronary artery disease (CAD). CAD occurs when plaque builds up in the coronary arteries, restricting blood flow to the heart, which can lead to chest pain, heart attacks, and heart failure. Stents are small, expandable mesh tubes inserted into these narrowed arteries to keep them open and improve blood circulation.
The coronary stent market emerged in the late 1980s with the introduction of balloon-expandable stents, which revolutionized the treatment of CAD. Prior to stent technology, bypass surgery was the primary treatment option, but it was invasive. Today, coronary stents are primarily used in percutaneous coronary intervention (PCI), also known as angioplasty with stenting. This minimally invasive procedure uses catheters to place stents in the blocked arteries, offering a less invasive solution to treat CAD.
Coronary Stent Market Companies:
- Biotronik SE & Co. KG: A leading medical technology company, Biotronik specializes in cardiovascular devices, including coronary stents, and is known for its innovative solutions in heart disease treatment.
- Cook: Cook is a global healthcare company offering a wide range of medical devices, including coronary stents, with a strong focus on improving patient outcomes in cardiovascular care.
- Terumo Corporation: Based in Japan, Terumo is a major player in the medical device industry, providing cutting-edge coronary stents and other cardiovascular products designed to enhance clinical outcomes.
- Abbott: A global healthcare leader, Abbott is well-known for its coronary stent offerings, particularly in the drug-eluting stent segment, and is committed to advancing heart disease treatments.
- BD (Becton, Dickinson and Company): BD is a global medical technology company that manufactures a range of healthcare solutions, including coronary stents, aimed at improving cardiovascular health.
- MicroPort Scientific Corporation: A leading global medical device manufacturer, MicroPort focuses on providing innovative solutions for cardiovascular care, including high-quality coronary stents.
- B. Braun Melsungen AG: A trusted name in the medical industry, B. Braun offers advanced coronary stent solutions as part of its broad range of cardiovascular and other healthcare products.
- Boston Scientific Corporation: Boston Scientific is a well-established player in the coronary stent market, offering a variety of stents, including drug-eluting options, and is committed to advancing heart disease treatment.
- Medtronic: As one of the largest medical device companies globally, Medtronic provides a wide array of coronary stent solutions, helping to treat coronary artery disease with minimally invasive procedures.
Our Table of Content (TOC) covers key healthcare market segments, materials, technologies and trends—helping you navigate market shifts and make informed decisions: https://www.towardshealthcare.com/table-of-content/coronary-stent-market-sizing
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