Drug Eluting Stent Market Size and Share
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.
Global Drug Eluting Stent Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Rapidly-Ageing Global Population | +2.1% | Global | Long term (≥ 5 years) |
Accelerated PCI Volumes After Cardiac Care Backlog Clearance | +1.0% | North America, Europe, Japan | Short term (≤ 2 years) |
Preference Shift to Second- & Third-Generation Drug Eluting Stents (DES) | +1.5% | Global, with early adoption in US/EU/Japan | Medium term (~3-4 years) |
National Reimbursement Expansion for DES | +0.8% | APAC core, spill-over to MEA, select LATAM | Medium term (~3-4 years) |
Domestic Manufacturing Incentives for DES | +0.4% | India, China, Brazil | Medium term (~3-4 years) |
Hospital-Owned Cath-Lab Network Growth Across Global Countries | +0.6% | Global, with highest effect in APAC & LATAM | Medium term (~3-4 years) |
Source: Mordor Intelligence
Accelerated PCI Volumes After Cardiac Care Backlog Clearance
Clearing the backlog of deferred elective procedures has lifted PCI throughput well above pre-pandemic baselines, reshaping procurement calendars for stent buyers. As same-day discharge becomes routine, case scheduling is moving from legacy block booking toward demand-driven slotting, which in turn prompts distributors to stock faster-moving SKUs and down-weight slow sellers. Integrated delivery networks that invested early in radial-access training recorded procedure growth that was several percentage points above fragmented provider groups, illustrating how skills acquisition magnifies device pull-through. Industry analysts now view outpatient migration not simply as a cost-containment lever but as a volume-creation engine, because lower facility fees broaden the pool of payers willing to authorize PCI for borderline indications[1]American College of Cardiology, “NCDR Study: PCI Volume Increasing in U.S., Japan,” acc.org.
Preference Shift to Second- & Third-Generation Drug Eluting Stents (DES)
Clinical-outcome data comparing device generations show conspicuous safety gains with biodegradable or polymer-free coatings, catalyzing a market pivot toward newer platforms. Hospital pharmacy & therapeutics committees increasingly condition formulary approval on evidence of reduced dual-antiplatelet therapy (DAPT) duration, because shorter DAPT lowers bleeding-related readmissions that erode bundled-payment margins. Accordingly, second-generation DES already hold about 70 % share, whereas third-generation solutions are expanding at nearly 12 % CAGR. Tactically, cath-lab managers are rebalancing shelf space: low-traffic first-generation SKUs are being phased out, freeing inventory capital for high-acuity platforms. In practice, this means that tertiary centers run two-tier formularies, value-oriented devices for routine cases and premium stents for complex anatomies, rather than one-size standardization.
National Reimbursement Expansion for DES
Payer willingness to underwrite newer stents is widening, especially where actuarial models capture the cost avoidance that follows reduced reintervention rates. Procurement officers in middle-income economies report that conditional reimbursement, linking unit price ceilings to clinical-outcome audits, has unlocked access for public hospitals without destabilizing budgets. This evolution supports a broader theme: value-based purchasing incentives are nudging manufacturers to publish long-term data sooner, accelerating the evidence cycle and shortening the time from CE mark or FDA clearance to inclusion on national formularies. Forward-looking device makers are therefore bundling health-economic dossiers with regulatory submissions, a practice that increasingly differentiates bids during tender evaluations.
Rapidly-Ageing Global Population
The steadily expanding share of people aged 65 and above is reshaping DES consumption patterns. Vascular stiffness, calcification, and tortuosity intensify with age, leading interventionalists to favor ultrathin-strut designs that combine lower crossing profiles with durable radial strength. Procurement directors consequently report that cath-lab fleets refresh sooner in regions with a higher elderly population mix, because legacy fluoroscopy systems often lack image resolution adequate for delicate navigation. By pairing thinner metallic frames with bioabsorbable polymers, next-generation stents have achieved measurable reductions in target lesion failure among seniors, as documented in recent multicenter registries published by the American College of Cardiology. An under-appreciated economic angle is that as elderly patients demonstrate more complex lesions, hospital case-mix indices climb, subtly influencing risk-adjusted reimbursement formulas and, by extension, procedure profitability.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Safety Concerns Around Late-Stent Thrombosis | –1.1% | Global | Medium term (3-4 years) |
Margin Compression from Group Purchasing Organisations (GPOs) | –1.0% | North America, Europe | Short term (≤ 2 years) |
Scarcity of Interventional Cardiologists | –0.3% | APAC, MEA, select EU periphery | Long term (≥ 5 years) |
Long Device Approval Timelines for New DES | –0.5% | Global, with pronounced effect in EU/US | Medium term (3-4 years) |
Source: Mordor Intelligence
Safety Concerns Around Late-Stent Thrombosis
Despite generational design progress, late-stent thrombosis remains a clinical concern, especially for first-generation durable-polymer devices. Regulatory agencies mandate longer follow-up periods for novel platforms, extending development cycles and increasing capitalization requirements for smaller innovators. Clinically, the focus on durable endothelialization is encouraging broader adoption of intravascular imaging. Use of optical coherence tomography (OCT) has grown noticeably in tertiary centers, fostering precise assessments of strut coverage. Interestingly, rising OCT utilization is also shaping material selection: stents offering higher radiopacity gain favor because they pair better with imaging-intensive workflows. Consequently, even marginal improvements in visibility can translate into disproportionate share gains in high-volume centers.
Margin Compression from Group Purchasing Organizations (GPOs)
GPOs influence over 70% of hospital procurement spend in North America and Western Europe, leveraging consolidated volumes to negotiate unit price declines of roughly 3–5 % annually on mature stent lines. Manufacturers increasingly counterbalance this margin pressure through service-based bundling—inventory-optimization software, procedural training, and catheter-lab analytics—which embeds switching costs at the account level. The economic logic favors larger vendors, because amortizing digital-service R&D costs over broader installed bases preserves gross margin percentage even as average selling prices fall. At the same time, regional manufacturers hedge exposure to GPO-negotiated price floors by targeting mid-tier or rural hospitals not yet fully integrated into consolidated buying groups, exploiting pockets of less-commoditized demand.
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.
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.

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.

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.

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
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Abbott Laboratories
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Boston Scientific Corporation
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Medtronic PLC
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Terumo Corporation
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Biosensors International Group, Ltd.
- *Disclaimer: Major Players sorted in no particular order

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.
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 |
Polymer-Based Coating | Biodegradable |
Non-biodegradable | |
Polymer-Free Coating |
Everolimus |
Zotarolimus |
Sirolimus |
Paclitaxel |
Biolimus |
Others |
Cobalt-Chromium |
Platinum-Chromium |
Stainless Steel |
Nickel-Titanium (Nitinol) |
Others |
First Generation |
Second Generation |
Third Generation |
Balloon-Expandable |
Self-Expandable |
Coronary Artery Disease |
Peripheral Artery Disease |
Hospitals |
Cardiac Catheterization Labs |
Ambulatory Surgical Centers |
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 |
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.