Stent Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Product Type Coronary stent and peripheral vascular stent Market Segments by Material Metal and polymer Market Segments by Technology Bare metal stent, drug eluting stent, and bioreabsorbable stent Market Segments by End Use Hospital and ambulatory surgical center Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Abbott Laboratory, Boston Scientific, Medtronic public limited company, C R Bard, Cook Medical Inc., Terumo Corporation, and Cardinal Health Inc. and others. Trend Growth Rate and CAGR3.3% Key Industry Forecast The global stent market is expected to reach an estimated $10.8 billion by 2024 with a CAGR of 3.3% from 2019 to 2024 Key Industry Driver Driver: Increasing interventional cardiology and peripheral vascular procedures and rising adoption of technological advancements in an effort to reduce treatment duration for high risk conventional surgical patients. 2

Industry Overview Market Size The global stent market is expected to reach an estimated $10.8 billion by 2024 with a CAGR of 3.3% from 2019 to 2024 Emerging trends which have a direct impact on the dynamics of the stent market include increasing use of bioreabsorbable stent, increasing adoption of co-polymers as raw materials, and increasing adoption of bifurcated stents. Market Size (2024)$10.8 billion CAGR ( )3.3% 3 Industry Performance : Forecast