Percutaneous Vascular Stent Delivery System Market
The market for Percutaneous Vascular Stent Delivery System was estimated at $1.5 billion in 2024; it is anticipated to increase to $2.4 billion by 2030, with projections indicating growth to around $3.5 billion by 2035.
Global Percutaneous Vascular Stent Delivery System Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Percutaneous Vascular Stent Delivery System industry revenue is expected to be around $1.6 billion in 2025 and expected to showcase growth with 7.7% CAGR between 2025 and 2034. The continuous importance and significant expansion of the Percutaneous Vascular Stent Delivery System market can be credited to main factors driving it forward; advancements in medical technology rising incidence of vascular diseases and improvements in minimally invasive surgical techniques. Moreover a growth in healthcare spending and enhancements, in healthcare services worldwide have also contributed significantly to driving the markets direction. Moreover the systems effectiveness, in restoring blood circulation and alleviating symptoms associated with diseases while also saving lives has maintained its importance in contemporary medical research and practice.
When looking into the world of Percutaneous Vascular Stent Delivery System (PVSD) its evident that its significance in the sector is substantial. This system utilizes technologies like biodegradable and drug coated stents and plays a crucial role in addressing ailments such as coronary artery disease (CAD) peripheral artery disease (PAD) and carotid artery disease. There is an upward trend in the usage of this system, for minimally invasive angioplasty procedures.
Market Key Insights
- The Percutaneous Vascular Stent Delivery System market is projected to grow from $1.5 billion in 2024 to $3.2 billion in 2034. This represents a CAGR of 7.7%, reflecting rising demand across Minimally Invasive Cardiac Procedures, Treating Peripheral Artery Disease and Aortic Aneurysm Management.
- Abbott Laboratories, Medtronic Plc., Boston Scientific Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Percutaneous Vascular Stent Delivery System market and are expected to observe the growth CAGR of 5.0% to 7.4% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Thailand are expected to observe highest growth with CAGR ranging between 8.9% to 10.6%.
- Transition like Advent of Bioresorbable Stents is expected to add $92 million to the Percutaneous Vascular Stent Delivery System market growth by 2030.
- The Percutaneous Vascular Stent Delivery System market is set to add $1.7 billion between 2024 and 2034, with industry players targeting Specialty Clinics & Ambulatory Surgical Centers Application projected to gain a larger market share.
- With Rising incidence of cardiovascular diseases, and Advancement in medical imaging technologies, Percutaneous Vascular Stent Delivery System market to expand 110% between 2024 and 2034.