Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3291.5 million | USD 4857.1 million | 6.7% | 2021 |
FrequentlyAsked Questions
The global market for peripheral stent implants is growing due to rising government & corporate support, more awareness in underdeveloped & emerging nations, among other factors. Additionally, it is anticipated that technological developments in stents and increased cases of peripheral artery disease would support market demand.
According to the report, the global peripheral stent implants market size was worth USD 3,291.5 million in 2021 and is estimated to grow to USD 4,857.1 million by 2028, with a compound annual growth rate (CAGR) of roughly 6.7% over the forecast period.
North America now holds a monopoly on the global market for peripheral stent implants due in part to the adoption of recently authorized drug-eluting stents in the U.S. The region's market is expanding due to aging populations, increased usage of peripheral stent implants, and rising adoption of minimally invasive procedures for cardiovascular problems.
Some of the main competitors dominating the global peripheral stent implants market include- Abbott Laboratories, B. Braun Melsungen AG, Biotronik SE & Co. KG, Cook Medical, Inc., Boston Scientific Corporation, iVascular SLU, Cardinal Health, Inc., Terumo Corporation, Medtronic Plc., and W. L. Gore & Associates Inc.
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