Non-vascular Stents Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
Looking ahead, the market is projected to continue its upward trajectory. In 2023, the market size was valued at USD 1.63 billion and is expected to grow at a CAGR of 4.8% from 2024 to 2030. By 2035, projections estimate the market will reach USD 2,338.8 million, reflecting a CAGR of 5.2% between 2025 and 2035. Factors contributing to this growth include:
Aging Population: The global increase in the elderly population leads to a higher incidence of conditions requiring non-vascular stents.
Technological Advancements: Innovations such as biodegradable and drug-eluting stents enhance safety and efficacy, driving market adoption.
Minimally Invasive Procedures: A growing preference for less invasive treatments boosts the demand for non-vascular stents.
Regionally, North America held a significant market share, accounting for over 40% of global revenue in 2024, with a market size of USD 540.48 million. Europe followed with a 30% share, valued at USD 405.36 million. The Asia Pacific region is anticipated to exhibit the highest growth rate, with a CAGR of 6.8% from 2024 to 2031, driven by increasing healthcare infrastructure and rising awareness of minimally invasive procedures.
In my experience, the advancements in stent technology have been remarkable. The shift towards biodegradable stents, which naturally dissolve in the body, has reduced complications associated with traditional metal stents. Additionally, the development of drug-eluting stents has significantly improved patient outcomes by reducing the risk of restenosis.
However, challenges persist. The high cost of advanced stents and stringent regulatory approvals can impede market growth. Moreover, limited awareness in developing regions may restrict adoption rates. Addressing these challenges requires continuous innovation, strategic pricing, and educational initiatives to raise awareness about the benefits of non-vascular stents.
Get an In-Depth Research Analysis of the Global Non-vascular Stents Market Size And Forecast [2025-2032]
The non-vascular stents market has experienced notable growth from 2018 to 2022, with projections indicating continued expansion from 2023 to 2033. This article delves into the market's historical performance and future outlook, providing insights into key drivers and trends.
Between 2018 and 2022, the global non-vascular stents market was valued at approximately USD 1.64 billion in 2021, with a compound annual growth rate (CAGR) of 6.4% during this period. This growth was primarily driven by the increasing prevalence of chronic diseases, advancements in stent technology, and a rising preference for minimally invasive procedures.
Boston Scientific
C.R. Bard
Cook Medical
Olympus
B. Braun
Medtronic
M.I.Tech
Taewoong Medical
Merit Medical
ConMed
Applied Medical
Ella-CS
Garson
Micro-Tech
S&G Biotech
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 Non-vascular Stents Market
Hospital
Clinic
Based on Types the Market is categorized into Below types that held the largest Non-vascular Stents market share In 2023.
Gastrointestinal Stents
Pulmonary (Airway) Stents
Urological Stents
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 Non-vascular Stents 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 Non-vascular Stents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-vascular Stents Market, By Type
6. Global Non-vascular Stents Market, By Application
7. Global Non-vascular Stents Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Non-vascular Stents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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