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.
The global non-vascular stents market was valued at approximately USD 2.1 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2028. The increasing prevalence of conditions such as esophageal cancer, biliary obstruction, and urethral strictures, combined with advancements in stent technology, is driving this growth. Technological innovations such as biodegradable stents and improvements in material sciences are enhancing the performance and application of non-vascular stents, thus expanding their use in various therapeutic areas.
Opportunities in the non-vascular stents market are driven by rising demand for minimally invasive procedures and a growing elderly population, which is more susceptible to non-vascular conditions. Emerging markets in Asia-Pacific and Latin America are experiencing rapid healthcare sector expansion, presenting significant growth potential for non-vascular stent manufacturers. Additionally, the ongoing development of novel stent designs and materials is expected to create new avenues for market growth and investment in these regions.
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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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