Peripheral Artery Stent Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.4 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global peripheral artery stent market was valued at approximately USD 1.5 billion in 2022. This market is projected to grow at a compound annual growth rate (CAGR) of around 6.2% from 2022 to 2028. The increasing prevalence of peripheral artery disease (PAD) due to aging populations and lifestyle factors is driving the demand for innovative stenting solutions. Additionally, advancements in stent technology and minimally invasive procedures are contributing to market growth. The expansion of healthcare infrastructure in emerging economies and increasing awareness of PAD are expected to further boost market opportunities.
Emerging markets, particularly in Asia-Pacific and Latin America, present significant growth opportunities for the peripheral artery stent market. The rising number of cardiovascular procedures, coupled with improvements in healthcare access and affordability, is expected to drive market expansion in these regions. Furthermore, ongoing research and development activities aimed at enhancing stent designs and materials are likely to contribute to market growth. As healthcare systems in these emerging markets continue to evolve, the demand for advanced stenting solutions is anticipated to increase, creating lucrative opportunities for market players.
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Medtronic
Inc.
BD
Boston Scientific Corporation
Abbott Laboratories
Cordis
Biotronik
Terumo Corporation
Shanghai MicroPort Endovascular MedTech（Group）Co.
Ltd.
Cook Medical
Zylox-Tonbridge Medical Technology Co.
Ltd.
LifeTech Scientific Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Peripheral Artery Stent Market
Lower Limbs
Renal Artery
Carotid Artery
Based on Types the Market is categorized into Below types that held the largest Peripheral Artery Stent market share In 2023.
Balloon Expandable Stent
Self Expandable Stent
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Peripheral Artery Stent Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Peripheral Artery Stent Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Peripheral Artery Stent Market, By Type
6. Global Peripheral Artery Stent Market, By Application
7. Global Peripheral Artery Stent Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Peripheral Artery Stent Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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