Continuous R&D to Contribute to the Self-Expanding Stent Market

Published: Feb 2024

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.

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.

Browse the full report description of “Self-Expanding Stent Market Size, Share & Trends Analysis Report by Product Type (Open-Cell and Closed-Cell), by Application (Peripheral Artery Disease, Vascular Stenosis, Gastrointestinal Tract, Respiratory Tract, and Cardiovascular System), and by End-User (Hospitals, Specialized Clinics, and Ambulatory Surgical Centers) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/self-expanding-stent-market

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

Global Self-Expanding Stent Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa



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