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Bare Metal Stents Market Size

  • Report ID: GMI6844
  • Published Date: Oct 2023
  • Report Format: PDF

Bare Metal Stents Market Size

Bare Metal Stents Market size was anticipated to be worth over USD 434 million in 2022 and it is expected to reach around USD 567.1 million by 2032, witnessing an 2.8% growth rate over the forecast period. The market is influenced by several pointers, including factors or conditions stimulating industry growth, owing to increasing incidence of coronary artery disease, rising advancements in stent design and materials, growing aging population, and increasing awareness among others.

 

In addition, BMS are often more cost-effective than their drug-eluting counterparts because they don't require the extended use of expensive antiplatelet medications. This cost-effectiveness can be particularly appealing in regions with limited healthcare budgets.Moreover, in numerous countries, healthcare reimbursement policies play a significant role in determining the adoption of medical devices like bare metal stents. Favorable reimbursement policies can encourage healthcare providers to choose stents as a treatment option for coronary artery disease, thereby boosting market progress.

 

Bare metal stent (BMS) is a medical device used in the field of interventional cardiology and vascular surgery to treat narrowed or blocked blood vessels, typically arteries, in a procedure called angioplasty. It is a metallic scaffold, usually made of stainless steel or other biocompatible metals, designed to be implanted permanently within a narrowed blood vessel to help restore blood flow.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Bare metal stents industry size exceeded USD 434 million in 2022 and may record USD 567.1 million by 2032 owing to the increasing incidence of coronary artery diseases.

The balloon expandable stent segment reached 56% of the revenue share in 2022 due to the rising adoption in conditions demanding precise stent insertion, such as coronary artery procedures.

The hospitals end-use segment held over 79% share of the bare metal stents industry in 2022 and is expected to grow at 2.7% CAGR between 2023 to 2032 due to the presence of primary facilities for diagnosing and treating patients with CAD.

North America bare metal stents industry size is expected to surpass USD 112.4 million by 2032 due to the presence of advanced healthcare infrastructure and facilities.

Bare Metal Stents Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 270
  • Countries covered: 22
  • Pages: 150
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