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Pulmonary Artery Stent System Market
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Pulmonary Artery Stent System Market

Author: Debadatta Patel - Senior Consultant, Report ID - DS1801188, Published - June 2025

Segmented in Product Type (Bare-Metal, Drug-Eluting, Bioresorbable), Applications/End-Users (Hospitals, Cardiac Clinics, Ambulatory Surgical Centers, Others), Technology, Material, Placement Procedure and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Pulmonary Artery Stent System
Market Outlook

The market, for Pulmonary Artery Stent System was estimated at $630.2 million in 2024; and it is anticipated to increase to $849.4 million by 2030 with projections indicating a growth to around $1.1 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 5.1% over the forecast period. The consistent expansion of the market for Pulmonary Artery Stent System reflects its growing importance in treatments today. This rise can be credited to a range of factors including advancements and the increasing occurrence of pulmonary artery diseases among an aging population. Additionally there is a rising demand for invasive medical procedures that further contribute to the markets significance, in modern healthcare.


The latest medical tool called the Pulmonary Artery Stent System helps widen or clear up blockages in the arteries to improve blood flow to the lungs smoothly and efficiently. With its qualities like being body friendly and strong with low rates of artery re narrowing after treatment make it a highly effective choice for dealing with conditions such, as Pulmonary Artery Hypertension and other related artery issues. This cutting edge system is mainly used in patient care and surgical procedures for better outcomes and patient well being.


Market Size Forecast & Key Insights

2019
$630M2024
2029
$1.0B2034

Absolute Growth Opportunity = $406M

The Pulmonary Artery Stent System market is projected to grow from $630.2 million in 2024 to $1.04 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Chronic Thromboembolic Pulmonary Hypertension Management, Pulmonary Arteriovenous Malformation (PAVM) Procedure and Treatment of Pulmonary Artery Stenosis.

The Pulmonary Artery Stent System market is set to add $406 million between 2024 and 2034, with manufacturer targeting Cardiac Clinics & Ambulatory Surgical Centers Applications/End-Users projected to gain a larger market share.

With The increasing prevalence of pulmonary artery diseases, and Technological advancements, Pulmonary Artery Stent System market to expand 64% between 2024 and 2034.

Opportunities in the Pulmonary Artery Stent System Market

Evolution of Technological Innovations

As technology advances further in the field with innovations such as bioabsorbable stents and drug eluting stents being integrated into the Pulmonary Artery Stent System; there is potential for significant market growth for manufacturers, through enhanced patient outcomes and expanded market reach.

Scope in Underdiagnosed Markets and Strategic Partnerships to Elevate Reach

In areas like Saharan Africa and Southeast Asia where Pulmonary Embolism detection is often missed out on significantly; there are great chances, for the growth of the Pulmonary Artery Stent System by making smart investments and bringing in affordable solutions to drive notable market expansion.

Creating beneficial bonds by forming strategic alliances with healthcare facilities and experts can significantly expand the market presence of the Pulmonary Artery Stent System​. These partnerships offer avenues for additional clinical studies that can enhance system efficiency and facilitate its incorporation, into diverse treatment approaches.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

The Asia Pacific region is experiencing growth in the market for Pulmonary Artery Stent Systems due to increasing cases of cardiovascular diseases and the demand for less invasive treatments in countries such as China, India and Japan. Health awareness and government efforts to improve healthcare standards are driving the adoption of medical devices, in this region. Both established companies and new entrants are vying for market share in a landscape that is fuelin g its growth. The thriving medical tourism sector in the Asia Pacific region is being fueled by factors such as a growing population and increased accessibility to treatments, like the Pulmonary Artery Stent System.

North America Outlook

North America is a player in the global medical field and holds promising opportunities for products like the Pulmonary Artery Stent System due to continuous technological progress and strong healthcare infrastructure in the region. The rising prevalence of diseases and an aging population susceptible to pulmonary issues make it crucial to embrace effective treatments like the Pulmonary Artery Stent Systems. The market competition is robust with renowned companies such as Medtronic and Abbott Laboratories playing a role, in shaping regional developments and progressing the system further. In North America the primary drivers of the market are the ability to spend in healthcare and the existence of medical device manufacturers.

North America Outlook

North America is a player in the global medical field and holds promising opportunities for products like the Pulmonary Artery Stent System due to continuous technological progress and strong healthcare infrastructure in the region. The rising prevalence of diseases and an aging population susceptible to pulmonary issues make it crucial to embrace effective treatments like the Pulmonary Artery Stent Systems. The market competition is robust with renowned companies such as Medtronic and Abbott Laboratories playing a role, in shaping regional developments and progressing the system further. In North America the primary drivers of the market are the ability to spend in healthcare and the existence of medical device manufacturers.

Asia-Pacific Outlook

The Asia Pacific region is experiencing growth in the market for Pulmonary Artery Stent Systems due to increasing cases of cardiovascular diseases and the demand for less invasive treatments in countries such as China, India and Japan. Health awareness and government efforts to improve healthcare standards are driving the adoption of medical devices, in this region. Both established companies and new entrants are vying for market share in a landscape that is fuelin g its growth. The thriving medical tourism sector in the Asia Pacific region is being fueled by factors such as a growing population and increased accessibility to treatments, like the Pulmonary Artery Stent System.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., Germany, China, Japan, France are expected to grow at 3.3% to 4.9% CAGR

2

Emerging Markets : India, Brazil, South Africa are expected to grow at 5.9% to 7.0% CAGR

Market Analysis Chart

The rapid growth of the healthcare industry plays a major role in boosting the market for Pulmonary Artery Stent Systems. The increasing prevalence of Pulmonary Artery Hypertension on a scale leads to a rising need, for reliable and efficient treatment choices which drives up the market worth. Technological progressions that enhance product results and improve experiences also contribute to this growth trend.

Recent Developments and Technological Advancement

December 2024

Medtronic Inc ramped up its efforts in research and development to unveil a Pulmonary Artery Stent System equipped with advanced AI features, for immediate diagnostic purposes.

October 2024

Boston Scientific Corporation unveiled an updated Pulmonary Artery Stent System aimed to enhance results and shorten recovery periods.

July 2024

Abbott Laboratories introduced its Pulmonary Artery Stent System in the European market providing improved biocompatibility and a variety of advanced customization features.

The Pulmonary Artery Stent System has revolutionized the field of cardiology and brought about exciting advancements in healthcare services. This groundbreaking development has provided opportunities for the diagnosis and treatment of pulmonary artery issues. It is important to highlight that the reliability, safety and favorable results for patients have led to an expansion, in the industry of Pulmonary artery stent systems.

Impact of Industry Transitions on the Pulmonary Artery Stent System Market

As a core segment of the Medical Device industry, the Pulmonary Artery Stent System market develops in line with broader industry shifts. Over recent years, transitions such as Technological Advancements in Pulmonary Artery Stent Systems and Regulatory Shifts in the Pulmonary Artery Stent Systems Market have redefined priorities across the Medical Device sector, influencing how the Pulmonary Artery Stent System market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Technological Advancements in Pulmonary Artery Stent Systems:

The medical equipment sector experienced a change from traditional stent devices to sophisticated pulmonary artery stent systems that brought about better results for patients and fewer complications in healthcare services delivery improved greatly as a result of these advanced stent systems. These advancements led to increased demand for these products which prompted improvements in production methods and distribution networks within the sectorresulted in a chain reaction of innovation and expansion in fields, like biotechnology manufacturing machinery and healthcare technology solutions.

2

Regulatory Shifts in the Pulmonary Artery Stent Systems Market:

There have been changes in how new medical devices are approved and adopted due to the introduction of innovative pulmonary artery stent systems in the market recently. Strict regulations imposed by bodies like the FDA to ensure safety have led to more thorough product testing and increased transparency. These changes have had an impact on industries involved in medical devices such, as clinical trials operations and pharmaceutical manufacturing.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Medical Device industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Medical Device industry cascade into the Pulmonary Artery Stent System market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: The Increasing Prevalence of Pulmonary Artery Diseases

The increasing prevalence of artery conditions like pulmonary arterial hypertension and pulmonary embolism is also fueling the worldwide need for pulmonary artery stent systems. These stent systems play a role in restoring proper blood circulation and alleviating lung congestion for the expanding number of patients worldwide. Healthcare professionals favor the system due to its treatment regimen and minimally invasive nature. Factors that contribute to its rising popularity, in the market.
Recent advancements in stent technology have also been developed to address the limitations of stent systems and enhance the market for Pulmonary Artery Stent Systems significantly. The advancements in drug coated stents have also shown promising results in improving patient health outcomes by reducing complications and ensuring successful implantation procedures. This progress is also driving the demand for these solutions, in the crucial healthcare industry.

Restraint: High Cost of Pulmonary Artery Stent System

Due to the methods and premium materials used in creating the Pulmonary Artery Stent System‌—which accounts for its hefty price tag‌—the accessibility of these cutting edge systems is greatly hindered for numerous healthcare providers, in developing countries‌‌​‌​​​‌​​​​​. Moreover ​‍​‍​​ insurance companies typically offer limited coverage for such specialized treatments​ causing potential users to hesitate due to high out of pocket expenses and thereby restraining market expansion.

Challenge: Lack of Skilled Professionals

The effective use of a Pulmonary Artery Stent System requires trained experts who possess not only the necessary medical expertise but also the technical know how to manage sophisticated equipment. However the shortage of proficient individuals is significant worldwide and is particularly acute, in rural and disadvantaged areas.

Supply Chain Landscape

Raw Material Suppliers

Dupont

DSM Biomedical

Component Manufacturers

Medtronic

Boston Scientific

Producers
Abbott Vascular / Cook Medical
End Users
Hospitals / Cardiac Centers
Raw Material Suppliers

Dupont

DSM Biomedical

Component Manufacturers

Medtronic

Boston Scientific

Producers

Abbott Vascular

Cook Medical

End Users

Hospitals

Cardiac Centers

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Pulmonary Artery Hypertension Treatment
Healthcare and Life Sciences
Medtronic
Innovative product development and market expansion strategies
Pulmonary Embolism Management
Healthcare and Medical Devices
Boston Scientific Corporation
Strategic collaborations and advanced solution-oriented product launches
Pulmonary Arterial Aneurysm Repair
Healthcare and Pharmaceuticals
Abbott Laboratories
Focus on research, development, and commercial execution of breakthrough technologies
Congenital Heart Disease Treatment
Healthcare and Biotechnology
Cordis Corporation
Commitment to superior patient care through technological advancements and strategic partnerships

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Pulmonary Artery Stent System market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Pulmonary Artery Stent System in Treatment of Pulmonary Artery Stenosis and Pulmonary Arteriovenous Malformation (PAVM) Procedure and Chronic Thromboembolic Pulmonary Hypertension Management

Treatment of Pulmonary Artery Stenosis and Pulmonary Arteriovenous Malformation (PAVM) Procedure

The use of the Pulmonary Artery Stent System with self expanding stents for treating Pulmonary Artery Stenosis has been crucial in practice as it helps widen narrowed or blocked arteries and improves blood flow back, to normal levels. Abbott Laboratories and Cook Medical are leading companies known for their precise stent technology in this field.



When dealing with Pulmonary Arteriovenous Malformation treatment options the Pulmonary Artery Stent System is commonly utilized. This may involve using metal stents that are covered to prevent blood flow. In this context companies, like Becton Dickinson and WL have been prominent players.

Chronic Thromboembolic Pulmonary Hypertension Management

In the field of managing diseases like pulmonary artery issues; the Pulmonary Artery Stent System has proven to offer notable advantages for patients in need of treatment for narrowed arteries caused by thromboembolic hypertension issues. This specific system involves using a balloon expandable stent to address artery constriction problems and aims to help healthcare professionals in easing patient discomfort and enhancing arterial performance overall. Prominent companies in this industry such as Medtronic and Boston Scientific have established their market presence by providing dependable and effective stent solutions, for medical practitioners and patients alike.

Pulmonary Artery Stent System vs. Substitutes:
Performance and Positioning Analysis

The Pulmonary Artery Stent System presents an advanced, minimally invasive avenue for treating pulmonary artery stenosis, distinctly positioned due to its increased potential for growth compared to more traditional surgical methods. These Alternatives specially Aortic Valve Replacement Devices has experienced a rapid growth as detailed in our latest report.

Pulmonary Artery Stent System
  • Balloon Pulmonary Angioplasty /
  • drug eluting stents
    Effective in treating pulmonary artery stenosis, Improves quality of life
    Potential for stent migration, Risk of complications post-operation
    Non-invasive nature, reduced recovery time
    Higher risk of complications, limited long-term efficacy

Pulmonary Artery Stent System vs. Substitutes:
Performance and Positioning Analysis

Pulmonary Artery Stent System

  • Effective in treating pulmonary artery stenosis, Improves quality of life
  • Potential for stent migration, Risk of complications post-operation

Balloon Pulmonary Angioplasty / drug eluting stents / Aortic Valve Replacement Devices

  • Non-invasive nature, reduced recovery time
  • Higher risk of complications, limited long-term efficacy

The Pulmonary Artery Stent System presents an advanced, minimally invasive avenue for treating pulmonary artery stenosis, distinctly positioned due to its increased potential for growth compared to more traditional surgical methods. These Alternatives specially Aortic Valve Replacement Devices has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Pulmonary Artery Stent System market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at Country and Regional levels. As part of the Medical Device ecosystem, we analyze Pulmonary Artery Stent System across Hospitals, Cardiac Clinics, and Ambulatory Surgical Centers Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.


Key Sources Referenced:


We benchmark competitors such as Medtronic, Abbott Laboratories, and Boston Scientific Corporation by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Suppliers, Component Manufacturers, and Producers. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Medical Device revenues to estimate the Pulmonary Artery Stent System segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Suppliers (Dupont, DSM Biomedical), Component Manufacturers (Medtronic, Boston Scientific), and Producers. Our parallel substitute analysis examines Balloon Pulmonary Angioplasty, drug eluting stents, and Aortic Valve Replacement Devices, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Medtronic, Abbott Laboratories, and Boston Scientific Corporation, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Pulmonary Artery Stent System market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Pulmonary Artery Stent System Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 662 million
Revenue Forecast in 2034USD 1.04 billion
Growth RateCAGR of 5.1% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024630 million
Growth OpportunityUSD 406 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024630 million USD
Market Size 2027731 million USD
Market Size 2029808 million USD
Market Size 2030849 million USD
Market Size 20341.04 billion USD
Market Size 20351.09 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredProduct Type, Applications/End-Users, Technology, Material, Placement Procedure
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledMedtronic, Abbott Laboratories, Boston Scientific Corporation, Biotronik SE & Co. KG, Terumo Corporation, B. Braun Melsungen AG, Cook Medical, Cordis Corporation, W.L. Gore & Associates, Biocompatibles, Jotech GmbH and Spectranetics Corporation
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Pulmonary Artery Stent System Market Size, Opportunities & Strategic Insights, by Product Type

4.1Bare-Metal
4.2Drug-Eluting
4.3Bioresorbable
Chapter 5

Pulmonary Artery Stent System Market Size, Opportunities & Strategic Insights, by Applications/End-Users

5.1Hospitals
5.2Cardiac Clinics
5.3Ambulatory Surgical Centers
5.4Others
Chapter 6

Pulmonary Artery Stent System Market Size, Opportunities & Strategic Insights, by Technology

6.1Balloon-Expandable
6.2Self-Expanding
Chapter 7

Pulmonary Artery Stent System Market Size, Opportunities & Strategic Insights, by Material

7.1Metallic
7.2Polymer
Chapter 8

Pulmonary Artery Stent System Market Size, Opportunities & Strategic Insights, by Placement Procedure

8.1Percutaneous
8.2Open Surgery
Chapter 9

Pulmonary Artery Stent System Market, by Region

9.1North America Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.1.1U.S.
9.1.2Canada
9.2Europe Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.2.1Germany
9.2.2France
9.2.3UK
9.2.4Italy
9.2.5The Netherlands
9.2.6Rest of EU
9.3Asia Pacific Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.3.1China
9.3.2Japan
9.3.3South Korea
9.3.4India
9.3.5Australia
9.3.6Thailand
9.3.7Rest of APAC
9.4Middle East & Africa Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.4.1Saudi Arabia
9.4.2United Arab Emirates
9.4.3South Africa
9.4.4Rest of MEA
9.5Latin America Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.5.1Brazil
9.5.2Mexico
9.5.3Rest of LA
9.6CIS Pulmonary Artery Stent System Market Size, Opportunities, Key Trends & Strategic Insights
9.6.1Russia
9.6.2Rest of CIS
Chapter 10

Competitive Landscape

10.1Competitive Dashboard & Market Share Analysis
10.2Company Profiles (Overview, Financials, Developments, SWOT)
10.2.1Medtronic
10.2.2Abbott Laboratories
10.2.3Boston Scientific Corporation
10.2.4Biotronik SE & Co. KG
10.2.5Terumo Corporation
10.2.6B. Braun Melsungen AG
10.2.7Cook Medical
10.2.8Cordis Corporation
10.2.9W.L. Gore & Associates
10.2.10Biocompatibles
10.2.11Jotech GmbH
10.2.12Spectranetics Corporation