Covered Stent Market, By Product Type, By Application, By End User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
Covered Stent Market size was valued at USD 1,209.43 Million in 2024, expanding at a CAGR of 4.25% from 2025 to 2032.
A covered stent is a type of medical stent that includes a synthetic or biological membrane covering its surface. This covering provides additional protection and functionality compared to bare-metal stents. Covered stents are primarily used in vascular and non-vascular procedures to treat various medical conditions.
Covered Stent Market- Market Dynamics
Increasing prevalence of cardiovascular and vascular diseases, advancements in medical stent technologies are expected to propel market demand
The covered stent market is witnessing significant growth due to the increasing prevalence of cardiovascular and vascular diseases, advancements in medical technologies, and a growing aging population. Aortic aneurysms, peripheral artery disease (PAD), and other vascular complications are becoming more common globally due to unhealthy lifestyles, smoking, and high cholesterol levels. Covered stents offer a minimally invasive solution to repair blood vessels, making them highly sought after in these cases. Conditions like hypertension and diabetes exacerbate vascular problems, increasing the demand for advanced treatment options such as covered stents.
Technological advancements have led to the development of stents made from biocompatible and durable materials like PTFE and nitinol. These materials enhance the stents' flexibility, durability, and compatibility with the human body. Covered stents enable minimally invasive treatments, reducing surgical risks and recovery times compared to open surgeries, which has increased their adoption among patients and healthcare providers. Covered stents are highly effective in managing vascular injuries caused by trauma. With increasing road accidents and industrial injuries worldwide, there is a growing need for rapid and reliable vascular repair solutions. Advancements in fenestrated and branched stent-grafts have enabled the treatment of challenging vascular conditions, such as thoracoabdominal aneurysms.
Covered Stent Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 4.25% over the forecast period (2025-2032)
Based on Product Type segmentation, the vascular stent segment was predicted to show maximum market share in the year 2024, owing to high prevalence of cardiovascular disorders.
Based on Application segmentation, the aortic aneurysms segment was the leading Application segment in 2024, due to high prevalence of abdominal and thoracic aortic aneurysms.
Based on End User segmentation, hospitals segment was the leading End User segment in 2024, due to increased adoption of advanced solutions within hospitals to manage patient care.
On the basis of region, North America was the leading revenue generator in 2024, owing to advanced healthcare sector & regulatory approvals.
Covered Stent Market- Segmentation Analysis:
The Global Covered Stent Market is segmented on the basis of Product Type, Application, End User, and Region.
The market is divided into two categories based on Product Type: vascular stent and non-vascular stent. The vascular stent segment dominates the market. Growing incidence of vascular diseases, coronary artery diseases are boosting segment demand.
The market is divided into three categories based on the Application: aortic aneurysms, biliary stenting, and Esophageal and Gastrointestinal. The aortic aneurysms segment held the largest market share in the application segment. Covered stents are widely used in the treatment of abdominal and thoracic aortic aneurysms.
The market is divided into three categories based on End User: hospitals, specialty clinics, and ambulatory care centers. The hospitals segment dominates the market and is expected to maintain its high dominance during the forecast period. The availability of specialized expertise in handling complex medical conditions for patient care is mainly stimulating segment growth.
Covered Stent Market- Geographical Insights
Worldwide, the Covered Stent market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America holds the largest share in the covered stent market, primarily due to its advanced healthcare infrastructure, high adoption rate of new medical technologies, and strong presence of leading manufacturers. Europe accounts for a significant share due to increasing healthcare investments and advancements in vascular disease management. The Asia Pacific region is witnessing rapid growth due to improvements in healthcare infrastructure, increasing awareness, and a rising burden of vascular diseases. China, India are the major contributor due to its large population and increasing access to healthcare services.
Covered Stent Market- Competitive Landscape:
The global covered stent market is experiencing steady growth, driven by the increasing prevalence of vascular diseases and advancements in medical technology. Several key players who are actively engaged in research and development to introduce innovative products and expand their market share. Companies are focusing on developing stents with improved flexibility, deliverability, and compatibility with various anatomical challenges. For instance, the introduction of stents with thinner profiles and enhanced flexibility caters to complex percutaneous coronary interventions (PCI). Obtaining regulatory approvals for new products is crucial for market expansion. Companies are actively seeking approvals from regulatory bodies like the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) to launch their products in new markets.
Recent Developments:
In April 2024, Getinge formed a commercial distribution agreement with Cook Medical to introduce the iCast Covered Stent System in the U.S market.
In January 2024, W. L. Gore & Associates, Inc. got FDA approval for a updated streamlined version of their GORE VIABAHN VBX Balloon Expandable Endoprosthesis or VBX Stent Graft.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL COVERED STENT MARKET KEY PLAYERS
Boston Scientific Corporation
Medtronic
W. L. Gore & Associates, Inc.
Cook Medical
Terumo Corporation
B. Braun Interventional Systems, Inc.
BD
Getinge
Biotronik
Abbott Laboratories
Cardinal Health
Merit Medical Systems
Endologix LLC
MicroPort Scientific Corporation
Lombard Medical
Others
GLOBAL COVERED STENT MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019-2032
Vascular Stent
Non-vascular Stent
GLOBAL COVERED STENT MARKET, BY APPLICATION- MARKET ANALYSIS, 2019-2032
Aortic aneurysms
Biliary stenting
Esophageal and Gastrointestinal
GLOBAL COVERED STENT MARKET, BY END USER- MARKET ANALYSIS, 2019-2032
Hospitals
Specialty Clinics
Ambulatory Care Centers
GLOBAL COVERED STENT MARKET, BY REGION- MARKET ANALYSIS, 2019-2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Covered Stent Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Covered Stent Market Snippet by Product Type
2.1.2. Covered Stent Market Snippet by Application
2.1.3. Covered Stent Market Snippet by End User
2.1.4. Covered Stent Market Snippet by Country
2.1.5. Covered Stent Market Snippet by Region
2.2. Competitive Insights
3. Covered Stent Key Market Trends
3.1. Covered Stent Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Covered Stent Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Covered Stent Market Opportunities
3.4. Covered Stent Market Future Trends
4. Covered Stent Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Covered Stent Market: Impact of Escalating Geopolitical Tensions