Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Peripheral Vascular Stents Market to reach USD 2.96 billion by the end of 2030

Global Peripheral Vascular Stents Market Size Study & Forecast, by Type (Drug Eluting Stents, Bare Metal Stents, Bioabsorbable Stents), by Mode of Delivery (Self-expanding Stents, Balloon-expandable Stents), by Product (Iliac Artery Stents, Femoral Artery Stents, Carotid Artery Stents, Other Peripheral Stents), by End-use, and Regional Analysis, 2023-2030

Product Code: HLSMDE-69971666
Publish Date: 15-11-2023
Page: 200

Global Peripheral Vascular Stents Market is valued at approximately USD 1.67 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2023-2030. A peripheral vascular stent is a medical device designed to treat narrowed or blocked blood vessels in the peripheral arteries, which are located outside the heart and brain. These arteries supply blood to the limbs, including the legs, arms, and pelvis. It is used to treat Peripheral Artery Disease (PAD)a condition that results in narrowing of the arteries that supply blood to the legs, arms, and other parts of the body. The rise in incidences of PAD, increasing awareness of PAD among healthcare professionals and the population, and the rising number of government initiatives are the most prominent factors that are fueling the market demand across the globe.

Additionally, the growing geriatric population is exhibiting a positive influence on market growth during the estimated period. The aging population is more prone to develop vascular diseases, including PAD. As per the United Nations, there were 703 million people aged 65 years or over in the world in 2019. The number of older people is projected to double to 1.5 billion in 2050. As a result, with the increasing elderly population, the demand for peripheral vascular stents also rises, which is accelerating the market expansion worldwide. Moreover, growing investment in the advancements in stent technology, as well as the increasing focus on the development of healthcare infrastructure presents various lucrative opportunities over the forecast years. However, the high cost of procedures and the availability of other treatment options are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Peripheral Vascular Stents Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of a well-established healthcare infrastructure that includes advanced healthcare facilities. Peripheral vascular stents are easily accessible to patients in the region because of this advanced medical infrastructure, which aids in the diagnosis and treatment of CVDs. For instance, according to the Centers for Disease Control and Prevention latest report released in October 2022, a heart attack arises in the United States every 40 seconds, and every year, 805,000 Americans are estimated to have a heart attack. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. Factors such as sedentary lifestyles, unhealthful eating patterns, and an aging population, all contribute to the rising prevalence of illnesses such as PAD. Accordingly, the need for efficient therapeutic alternatives such as peripheral vascular stents is increasing. Moreover, the increasing geographical expansion of the key market players and technological advancements in the field of peripheral vascular stents are significantly propelling the market demand across the region.

Major market players included in this report are:
Boston Scientific Corporation
Terumo Medical Corporation
Lifetech Corporation
iVascular SLU
Stryker Corporation
Cook Medical
Microport Scientific Corporation

Recent Developments in the Market:
Ø In October 2022, Cordis declared that the company plan to acquire MedAlliance, a Swiss company renowned for its avant-garde drug-eluting balloons. The company aims to increase its worldwide footprint and provide possible therapy to almost two million patients by 2027 by using MedAlliance’s innovative SELUTION SLR (Sustained Limus Release) drug-eluting balloon.

Global Peripheral Vascular Stents Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Mode of Delivery, Product, End-use, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Drug Eluting Stents (DES)
Bare Metal Stents (BMS)
Bioabsorbable Stents

By Mode of Delivery:
Self-expanding Stents
Balloon-expandable Stents

By Product:
Iliac Artery Stents
Femoral Artery Stents
Carotid Artery Stents
Renal Artery Stents
Other Peripheral Stents

By End-use:
Hospital & Cardiac Centers & Ambulatory Surgical Centers
Ambulatory Surgical Centers

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Peripheral Vascular Stents Market, by Region, 2020-2030 (USD Billion)
1.2.2. Peripheral Vascular Stents Market, by Type, 2020-2030 (USD Billion)
1.2.3. Peripheral Vascular Stents Market, by Mode of Delivery, 2020-2030 (USD Billion)
1.2.4. Peripheral Vascular Stents Market, by Product, 2020-2030 (USD Billion)
1.2.5. Peripheral Vascular Stents Market, by End-use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Peripheral Vascular Stents Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Peripheral Vascular Stents Market Dynamics
3.1. Peripheral Vascular Stents Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rapidly growing geriatric population Rising incidences of Peripheral Artery Disease (PAD)
3.1.2. Market Challenges High cost of procedures Availability of other treatment options
3.1.3. Market Opportunities Growing investment in the advancements in stent technology Increasing focus on the development of healthcare infrastructure
Chapter 4. Global Peripheral Vascular Stents Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Peripheral Vascular Stents Market, by Type
5.1. Market Snapshot
5.2. Global Peripheral Vascular Stents Market by Type, Performance – Potential Analysis
5.3. Global Peripheral Vascular Stents Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Peripheral Vascular Stents Market, Sub Segment Analysis
5.4.1. Drug Eluting Stents (DES)
5.4.2. Bare Metal Stents (BMS)
5.4.3. Bioabsorbable Stents
Chapter 6. Global Peripheral Vascular Stents Market, by Mode of Delivery
6.1. Market Snapshot
6.2. Global Peripheral Vascular Stents Market by Mode of Delivery, Performance – Potential Analysis
6.3. Global Peripheral Vascular Stents Market Estimates & Forecasts by Mode of Delivery 2020-2030 (USD Billion)
6.4. Peripheral Vascular Stents Market, Sub Segment Analysis
6.4.1. Self-expanding Stents
6.4.2. Balloon-expandable Stents
Chapter 7. Global Peripheral Vascular Stents Market, by Product
7.1. Market Snapshot
7.2. Global Peripheral Vascular Stents Market by Product, Performance – Potential Analysis
7.3. Global Peripheral Vascular Stents Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
7.4. Peripheral Vascular Stents Market, Sub Segment Analysis
7.4.1. Iliac Artery Stents
7.4.2. Femoral Artery Stents
7.4.3. Carotid Artery Stents
7.4.4. Renal Artery Stents
7.4.5. Other Peripheral Stents
Chapter 8. Peripheral Vascular Stents Market, by End-use
8.1. Market Snapshot
8.2. Global Peripheral Vascular Stents Market by End-use, Performance – Potential Analysis
8.3. Global Peripheral Vascular Stents Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
8.4. Peripheral Vascular Stents Market, Sub Segment Analysis
8.4.1. Hospital & Cardiac Centers & Ambulatory Surgical Centers
8.4.2. Ambulatory Surgical Centers
8.4.3. Others
Chapter 9. Global Peripheral Vascular Stents Market, Regional Analysis
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Peripheral Vascular Stents Market, Regional Market Snapshot
9.4. North America Peripheral Vascular Stents Market
9.4.1. U.S. Peripheral Vascular Stents Market Type breakdown estimates & forecasts, 2020-2030 Mode of Delivery breakdown estimates & forecasts, 2020-2030 Product breakdown estimates & forecasts, 2020-2030 End-use breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Peripheral Vascular Stents Market
9.5. Europe Peripheral Vascular Stents Market Snapshot
9.5.1. U.K. Peripheral Vascular Stents Market
9.5.2. Germany Peripheral Vascular Stents Market
9.5.3. France Peripheral Vascular Stents Market
9.5.4. Spain Peripheral Vascular Stents Market
9.5.5. Italy Peripheral Vascular Stents Market
9.5.6. Rest of Europe Peripheral Vascular Stents Market
9.6. Asia-Pacific Peripheral Vascular Stents Market Snapshot
9.6.1. China Peripheral Vascular Stents Market
9.6.2. India Peripheral Vascular Stents Market
9.6.3. Japan Peripheral Vascular Stents Market
9.6.4. Australia Peripheral Vascular Stents Market
9.6.5. South Korea Peripheral Vascular Stents Market
9.6.6. Rest of Asia Pacific Peripheral Vascular Stents Market
9.7. Latin America Peripheral Vascular Stents Market Snapshot
9.7.1. Brazil Peripheral Vascular Stents Market
9.7.2. Mexico Peripheral Vascular Stents Market
9.8. Middle East & Africa Peripheral Vascular Stents Market
9.8.1. Saudi Arabia Peripheral Vascular Stents Market
9.8.2. South Africa Peripheral Vascular Stents Market
9.8.3. Rest of Middle East & Africa Peripheral Vascular Stents Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Boston Scientific Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.3.2. Medtronic
10.3.3. Terumo Medical Corporation
10.3.4. Abbott
10.3.5. Biotronik
10.3.6. Lifetech Corporation
10.3.7. iVascular SLU
10.3.8. Stryker Corporation
10.3.9. Cook Medical
10.3.10. Microport Scientific Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now