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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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.
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