Iliac Stents Market Size

Iliac Stents Market size was valued at around USD 899.9 million in 2023 and is expected to grow at a CAGR of 5% between 2024 and 2032. The increasing prevalence of peripheral artery disease (PAD) is anticipated to be among the primary factors to fuel the market growth.

The increasing prevalence of peripheral artery disease (PAD) is contributing to the growing demand for iliac stents. As the population ages and risk factors such as diabetes, obesity, and smoking become more prevalent, the incidence of PAD is on the rise. More people are experiencing symptoms related to PAD, such as leg pain, cramping, and difficulty walking, which can significantly impact their quality of life.

For instance, according to the Centers for Disease Control and Prevention (CDC), the number of people affected by peripheral artery disease (PAD) in the U.S. is approximately 6.5 million people aged 40 and older. This condition primarily affects African American individuals, with similar or slightly higher rates for Hispanics compared to non-Hispanic white people. This rising prevalence of PAD necessitates highly accurate treatment procedures and related devices, thereby anticipating an increasing demand for iliac stents.

Iliac stents are medical devices used to treat blockages or narrowing (stenosis) in the iliac arteries, which are located in the pelvis and supply blood to the legs. The iliac stent is a small, mesh-like tube made of metal, usually stainless steel or nitinol that is inserted into the narrowed artery to hold it open.