Drug Eluting Stent Market Research on Size, Share, Trends, Segments, Regions & Competition

The Drug Eluting Stent Market is Segmented by Coating (Polymer Based Coating [Biodegradable and More] and More), Drug Type (Everolimus, and More), Material (Cobalt-Chromium, and More), Stent Generation (First Generation, and More), Deployment Technique (Self-Expandable, and More) Application (Coronary Artery Disease, and More), End-User (Hospitals, and More) and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Drug Eluting Stent Market Size and Share

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Drug Eluting Stent Market Analysis by Mordor Intelligence

The drug eluting stent (DES) market is valued at about USD 6.35 billion in 2025 and is on course to reach roughly USD 9.47 billion by 2030, reflecting an estimated 8.3% CAGR. Widening indications for minimally invasive coronary and peripheral procedures are elevating unit demand, while rapid device iteration, particularly thinner strut designs with biocompatible coatings, continues to decrease long-term restenosis and drive hospital purchasing preference toward newer platforms. At the same time, an aging population is expanding the pool of complex cases, prompting health systems to refresh imaging and cath-lab infrastructure in lock-step with stent upgrades. Reimbursement reforms in several emerging economies are broadening access to premium stents, intensifying competition between incumbents and cost-optimized regional suppliers. Finally, price pressure from group-purchasing organizations is nudging manufacturers to bundle inventory-management services with hardware, helping to defend margins even as unit prices edge lower.

Key Report Takeaways

  • By geography, North America accounted for 39% of drug eluting stent market size in 2024, whereas Asia-Pacific is forecast to post the fastest advance at a 10.9% CAGR to 2030.
  • By coating, polymer-based designs held 79% drug eluting stent market share in 2024, while polymer-free variants are projected to grow at an 11.8% CAGR through 2030.
  • By drug type, everolimus-eluting stents commanded 38% share in 2024; biolimus-eluting devices are expected to register the quickest rise at a 13.2% CAGR to 2030.
  • By material, cobalt-chromium platforms secured 47% of 2024 sales, whereas platinum-chromium stents are anticipated to expand at an 11.5% CAGR over the forecast period.
  • By stent generation, second-generation devices represented 70% of the 2024 market, and third-generation systems are slated for the highest growth at 12.2% CAGR through 2030.
  • By deployment technique, balloon-expandable stents captured 68% share in 2024, while self-expandable options are advancing at a 10.5% CAGR to 2030.
  • By application, coronary artery interventions made up 91% of 2024 volume; peripheral artery disease use is expanding most rapidly at a 9.5% CAGR to 2030.
  • By end user, hospitals performed 66% of procedures in 2024, whereas ambulatory surgical centers are forecast to grow at a 10.5% CAGR during the same span.

Segment Analysis

By Coating: Biodegradable Polymers Gain Momentum

Polymer-based coatings currently hold roughly 79% of global share in 2024, yet internal sales dashboards show that bioresorbable layers are capturing a steadily larger growth. Operators emphasize the clinical comfort of a polymer that vanishes once drug delivery ends, which, they argue, mitigates inflammatory sequelae long associated with durable chemistries. 

Forward-looking manufacturers have begun converting traditional solvent-based coating lines to next-generation spray-droplet systems compatible with thinner, uniform layers. Production engineers note that apart from patient benefits, these upgraded lines yield higher throughput and lower solvent use, driving a cost-efficiency agenda that often offsets incremental R&D outlays.

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Note: Segment shares of all individual segments available upon report purchase

By Drug Type: Limus Family Dominates Innovation

Everolimus-eluting stents control about 38% of global unit shipments in 2024, but the fastest ascendant subsegment is biolimus-based devices at roughly 13% CAGR. Pharmacokinetic research now centers on crystalline structures that prolong tissue exposure out to nine months, thereby facilitating shorter systemic DAPT. 

Hospitals with a high case mix of bleeding-risk patients perceive direct economic value in buying these premium models because reducing bleed-related readmissions preserves bundled-payment margins. As a corollary, P&T committees have begun quantifying stent-related anticoagulant cost offsets when weighing tender responses—a subtle yet influential shift in value-assessment frameworks.

By Material: Advanced Alloys Enhance Performance

Cobalt-chromium alloys lead at around 47% share in 2024, but platinum-chromium is the fastest riser, expanding near 11% CAGR. Radiopacity gains with platinum-chromium translate into lower contrast volumes, which nephrologists welcome given the renal comorbidity profile of many PCI patients.

Device engineers further exploit alloy strength to trim strut thickness, improving deliverability without radial compromise. By minimizing crossing profiles, such designs unlock otherwise unreachable lesions, expanding the total addressable market for minimally invasive revascularization. Consequently, hospital service-line directors anticipate incremental revenue from converting previously surgical cases to cath-lab interventions, reinforcing the alloy’s commercial appeal.

By Stent Generation: Third Generation Drives Growth

Second-generation DES hold roughly 70% market share in 2024, but third-generation systems featuring bioabsorbable polymers and smarter delivery catheters are advancing at more than 12% CAGR. Histopathology reveals notably reduced inflammatory markers on bioabsorbable-polymer platforms, prompting cardiology societies to update guidelines that implicitly accelerate hospital adoption. 

Portfolio planning managers at top firms signal a managed exit for first-generation SKUs over the next 36 months, freeing capacity for robot-assisted production tailored to ultrathin scaffolds. For hospital buyers, these supply-chain shifts mean that volume guarantees may become a prerequisite for securing allocations of next-wave platforms during launch windows. 

Market Share
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Note: Segment shares of all individual segments available upon report purchase

By Deployment Technique: Self-Expandable Gaining Traction

Balloon-expandable stents make up about 68% of deployments in 2024, yet self-expandable versions are growing at circa 10.5% CAGR—principally in peripheral artery disease (PAD) where vessel recoil favors radial self-expansion. Technological advances in delivery systems now afford precise deployment, overcoming previous operator hesitance regarding geographic miss. 

The performance gap in primary patency compared with bare metal stents has compelled peripheral interventionists to revisit treatment algorithms, potentially converting what was once an atherectomy-plus-balloon market into a stent-centric one. From a payer viewpoint, the reduced need for repeat revascularization makes self-expandable DES cost-attractive even at premium prices, setting the stage for broader formulary inclusion. 

By Application: Peripheral Interventions Accelerate

Coronary interventions command approximately 91% of DES usage in 2024; however, PAD-focused indications are outpacing the core segment with roughly 9.5% CAGR. Cardiovascular societies now cite drug-coated stents as clinically reasonable for long femoropopliteal lesions, reshaping procedural mix in hybrid cath-lab/OR suites. 

Financial controllers note that peripheral stents are typically longer lengths, producing higher per-case revenue despite comparable implant counts. Additionally, as PAD interventions increasingly migrate to outpatient vascular centers, device logistics favor pre-sterilized convenience kits that cut turnover time, an operational nuance that vendors exploit for differentiation[2]Keqin Chen, “Different Drugs in Drug-Eluting Stents for Peripheral Artery Disease,” PubMed, pubmed.ncbi.nlm.nih.gov

By End-User: Ambulatory Settings Expand Access

Hospitals still host around 66% of global DES procedures in 2024, but ambulatory surgical centers (ASCs) register leading growth at roughly 10.5% CAGR. Because ASCs run leaner inventory, they overwhelmingly rely on consignment models, shifting working-capital burden to suppliers. Vendors willing to embed real-time usage tracking earn preferred status, thereby cementing account stickiness even as per-unit prices come under scrutiny. The ASC channel’s volume ascent also feeds back into payer strategies: reimbursement schedules increasingly classify low-risk PCI as outpatient, accelerating patient steering into ASCs and reinforcing device demand in that segment.

Market Share
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America commands about 39% of global DES revenue in 2024. The region benefits from advanced reimbursement mechanisms, early adoption of radiopaque alloys, and rapid peripheral indication approvals. Notably, more than 50% of non-urgent PCI now occurs in outpatient settings, reshaping procurement timeframes: ASCs schedule tender cycles quarterly rather than annually, demanding agile fulfillment. The U.S. Food and Drug Administration’s recent nod to peripheral drug-eluting scaffolds adds another demand layer, expanding the region’s total procedure base.

Asia-Pacific represents the fastest-growing market, forecast near 10.9% CAGR through 2030. Domestic players in China and India leverage cost-optimized engineering to undercut imports, yet multinationals defend premium tiers via long-term data packages and physician-training alliances. The region’s heterogeneity is striking: Japan exhibits saturated penetration and focuses on incremental coating innovation, while India and Indonesia continue migrating from bare metal stents to DES, creating a bifurcated market that supports both price-sensitive and performance-oriented tiers. Manufacturers adept at navigating asynchronous provincial tender calendars maintain continuous production runs, enhancing factory utilization rates that translate into cost efficiencies.

Europe’s blended procurement model, featuring centralized national tenders alongside hospital-level autonomy, produces a uniquely competitive environment where over 30 DES brands jostle for formulary inclusion. Clinical societies in the region often publish practice-changing evidence ahead of global counterparts, influencing perception of acceptable safety margins. Recent ten-year outcome data from multicenter trials revealed negligible differences in long-term major adverse cardiac events between various polymer strategies, encouraging payers to base purchasing decisions more on cost and deliverability than on coating chemistry alone. This environment accelerates price compression yet stimulates device makers to invest in platform versatility, such as deliverability in severe calcification, to escape the commodity trap.

Growth Rate
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Competitive Landscape

Market leadership remains moderately concentrated, with Abbott, Boston Scientific, and Medtronic together controlling just over half of global DES revenue. These incumbents defend share by racing each other on rapid-cycle product refreshes, thinner struts, enhanced radiopacity, and polymer innovations that shorten dual-antiplatelet regimens, while simultaneously bundling inventory-management software that deepens account stickiness despite ongoing GPO price pressure. Each is also pursuing indication expansion: Abbott moved below the knee with its resorbable scaffold, Boston Scientific has pushed deeper into peripheral interventions, and Medtronic is positioning its latest cobalt-chromium line for complex coronary anatomies. Collectively, their strategy blends high-acuity device launches in mature markets with localized, value-engineered variants for price-sensitive regions.

Beneath the top tier, regional manufacturers such as MicroPort Scientific in China and Meril Life Sciences in India are winning hospital tenders by matching adequate clinical performance with aggressive pricing and domestic manufacturing footprints that satisfy local procurement rules. Their presence forces multinationals to adopt dual-portfolio tactics—premium systems for flagship centers and cost-optimized SKUs for volume hospitals—while also accelerating partnership talks for contract manufacturing or technology licensing. Because these regional challengers often enjoy faster regulatory clearance at home, they can cycle products into the market months ahead of global rivals, gaining an early reputation advantage among local clinicians. The resulting price dispersion widens the strategic gulf between high-innovation segments and commoditized tiers.

Competitive dynamics are further colored by mounting post-market surveillance costs and tightening conformity-assessment requirements, which disproportionately burden smaller innovators. Several sub-scale players have responded by focusing on narrow white-space niches, small-vessel disease, bifurcation lesions, or ultra-long peripheral stents, where differentiated designs can command premium pricing without incurring the full breadth of regulatory overhead. At the same time, a wave of selective mergers and asset swaps is underway as companies shed low-turn SKUs to maintain manufacturing efficiencies in the face of GPO-driven margin compression. The net effect is a landscape in which scale, specialized technology, and service ecospheres are becoming the principal axes of competitive advantage.

Drug Eluting Stent Industry Leaders

  1. Abbott Laboratories

  2. Boston Scientific Corporation

  3. Medtronic PLC

  4. Terumo Corporation

  5. Biosensors International Group, Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Drug Eluting Stent Market Concentration
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Recent Industry Developments

  • February 2025: iVascular disclosed five-year real-world data from the RANGO registry confirming sustained safety and efficacy for the Angiolite Sirolimus DES in unselected patient populations, reinforcing clinician confidence in daily practice settings.
  • April 2024: The U.S. Food and Drug Administration approved Abbott’s Esprit BTK Everolimus Eluting Resorbable Scaffold System for chronic limb-threatening ischemia, opening a new subcategory in below-the-knee interventions.
  • June 2024: Elixir Medical’s DynamX Sirolimus-Eluting Coronary Bioadaptor System received FDA Breakthrough Device Designation, underlining regulatory enthusiasm for adaptive stent architectures that accommodate vessel motion without strut fatigue.
  • May 2024: Abbott launched the XIENCE Sierra Everolimus Eluting Coronary Stent in India, a strategic move that aligns high-performance technology with one of the fastest-growing intervention markets.

Table of Contents for Drug Eluting Stent Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapidly-Ageing Global Population
    • 4.2.2 Accelerated PCI Volumes After Cardiac Care Backlog Clearance
    • 4.2.3 Preference Shift to Second- & Third-Generation Drug Eluting Stents (DES)
    • 4.2.4 National Reimbursement Expansion for DES
    • 4.2.5 Domestic Manufacturing Incentives for DES
    • 4.2.6 Hospital‐Owned Cath-Lab Network Growth Across Global Countries
  • 4.3 Market Restraints
    • 4.3.1 Safety Concerns Around Late-Stent Thrombosis
    • 4.3.2 Margin Compression from Group Purchasing Organisations (GPOs)
    • 4.3.3 Scarcity of Interventional Cardiologists
    • 4.3.4 Long Device Approval Timelines for New DES
  • 4.4 Supply-Chain Analysis
  • 4.5 Technological Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Coating
    • 5.1.1 Polymer-Based Coating
    • 5.1.1.1 Biodegradable
    • 5.1.1.2 Non-biodegradable
    • 5.1.2 Polymer-Free Coating
  • 5.2 By Drug Type
    • 5.2.1 Everolimus
    • 5.2.2 Zotarolimus
    • 5.2.3 Sirolimus
    • 5.2.4 Paclitaxel
    • 5.2.5 Biolimus
    • 5.2.6 Others
  • 5.3 By Material
    • 5.3.1 Cobalt-Chromium
    • 5.3.2 Platinum-Chromium
    • 5.3.3 Stainless Steel
    • 5.3.4 Nickel-Titanium (Nitinol)
    • 5.3.5 Others
  • 5.4 By Stent Generation
    • 5.4.1 First Generation
    • 5.4.2 Second Generation
    • 5.4.3 Third Generation
  • 5.5 By Deployment Technique
    • 5.5.1 Balloon-Expandable
    • 5.5.2 Self-Expandable
  • 5.6 By Application
    • 5.6.1 Coronary Artery Disease
    • 5.6.2 Peripheral Artery Disease
  • 5.7 By End-User
    • 5.7.1 Hospitals
    • 5.7.2 Cardiac Catheterization Labs
    • 5.7.3 Ambulatory Surgical Centers
  • 5.8 Geography
    • 5.8.1 North America
    • 5.8.1.1 United States
    • 5.8.1.2 Canada
    • 5.8.1.3 Mexico
    • 5.8.2 Europe
    • 5.8.2.1 Germany
    • 5.8.2.2 United Kingdom
    • 5.8.2.3 France
    • 5.8.2.4 Italy
    • 5.8.2.5 Spain
    • 5.8.2.6 Rest of Europe
    • 5.8.3 Asia-Pacific
    • 5.8.3.1 China
    • 5.8.3.2 Japan
    • 5.8.3.3 India
    • 5.8.3.4 Australia
    • 5.8.3.5 South Korea
    • 5.8.3.6 Rest of Asia-Pacific
    • 5.8.4 Middle East and Africa
    • 5.8.4.1 GCC
    • 5.8.4.2 South Africa
    • 5.8.4.3 Rest of Middle East and Africa
    • 5.8.5 South America
    • 5.8.5.1 Brazil
    • 5.8.5.2 Argentina
    • 5.8.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Abbott Laboratories
    • 6.3.2 Boston Scientific Corporation
    • 6.3.3 Medtronic PLC
    • 6.3.4 Terumo Corporation
    • 6.3.5 Biotronik SE & Co. KG
    • 6.3.6 Biosensors International Group, Ltd.
    • 6.3.7 MicroPort Scientific Corporation
    • 6.3.8 Cook Medical
    • 6.3.9 Lepu Medical Technology Co., Ltd.
    • 6.3.10 Meril Life Sciences Pvt. Ltd.
    • 6.3.11 Cordis
    • 6.3.12 Sahajanand Medical Technologies Ltd.
    • 6.3.13 OrbusNeich Medical Group
    • 6.3.14 Hexacath
    • 6.3.15 B. Braun Melsungen AG
    • 6.3.16 SINOMED
    • 6.3.17 Alvimedica Medical Technologies Inc.
    • 6.3.18 Balton Sp. z o.o.
    • 6.3.19 Relisys Medical Devices Ltd.

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Global Drug Eluting Stent Market Report Scope

The drug eluting stent market is segmented by coating, drug type, material, stent generation, deployment technique, end user, and geography. By coating, the market is segmented into polymer-based coating and polymer-free coating. The drug type includes everolimus, zotarolimus, sirolimus, paclitaxel, biolimus, others. By material, the market is segmented into cobalt-chromium, platinum-chromium, stainless steel, nickel-titanium (nitinol), and others. By stent generation the market is segmented into first generation, second generation, and third generation. By deployment technique, the market is segmented into balloon-expandable and self-expandable, by application, coronary artery disease, and peripheral artery disease. By end user, hospitals include cardiac catheterization labs and ambulatory surgical centers. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. For each segment, the market sizing and forecasts have been done based on value (USD). 

By Coating Polymer-Based Coating Biodegradable
Non-biodegradable
Polymer-Free Coating
By Drug Type Everolimus
Zotarolimus
Sirolimus
Paclitaxel
Biolimus
Others
By Material Cobalt-Chromium
Platinum-Chromium
Stainless Steel
Nickel-Titanium (Nitinol)
Others
By Stent Generation First Generation
Second Generation
Third Generation
By Deployment Technique Balloon-Expandable
Self-Expandable
By Application Coronary Artery Disease
Peripheral Artery Disease
By End-User Hospitals
Cardiac Catheterization Labs
Ambulatory Surgical Centers
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Coating
Polymer-Based Coating Biodegradable
Non-biodegradable
Polymer-Free Coating
By Drug Type
Everolimus
Zotarolimus
Sirolimus
Paclitaxel
Biolimus
Others
By Material
Cobalt-Chromium
Platinum-Chromium
Stainless Steel
Nickel-Titanium (Nitinol)
Others
By Stent Generation
First Generation
Second Generation
Third Generation
By Deployment Technique
Balloon-Expandable
Self-Expandable
By Application
Coronary Artery Disease
Peripheral Artery Disease
By End-User
Hospitals
Cardiac Catheterization Labs
Ambulatory Surgical Centers
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the projected global drug eluting stent market size in 2030?

The market is expected to reach approximately USD 9.47 billion by 2030, reflecting an estimated 8.3 %CAGR from 2025.

Which region currently accounts for the largest share of drug eluting stent revenue?

North America leads with close to 39 % of global revenue, supported by sophisticated reimbursement mechanisms and high procedure volumes.

Why are biodegradable polymer coatings gaining traction in drug eluting stents?

They permit controlled drug elution and then resorb, potentially lowering long-term inflammation and late-stent thrombosis risk.

How are ambulatory surgical centers influencing drug eluting stent demand?

ASCs enable same-day PCI discharge, encouraging higher procedural throughput and driving demand for stents optimized for outpatient workflows.

What technological trend is shaping next-generation drug eluting stents?

Integration of advanced alloys with ultrathin struts and bioabsorbable polymers is enhancing deliverability while maintaining radial strength, thereby improving long-term clinical outcomes.

How are group purchasing organizations affecting drug eluting stent pricing?

GPOs consolidate hospital purchasing power, negotiating lower prices and compelling manufacturers to differentiate through service and innovation rather than baseline cost.

Drug Eluting Stent Market Report Snapshots

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