Covered Stent Market 2030 Top Key Players, Trends, Share, Industry Size, Segmentation
The global covered stent market was valued at USD 1.13 billion in 2023 and is projected to reach USD 1.50 billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030. Growth in this market is being fueled by several key factors, including the increasing prevalence of vascular diseases, ongoing technological advancements in stent design and materials, greater awareness and timely diagnosis of cardiovascular and peripheral vascular conditions, and the expanding use of covered stents across multiple therapeutic applications. One of the most significant demand drivers is the rising global burden of peripheral artery disease (PAD). According to a report by the American Heart Association (April 2024), PAD currently affects an estimated 116 to 230 million people worldwide, highlighting the urgent need for effective treatment options. Covered stents play a vital role in the management of PAD by providing a reliable solution for revascularization, sealing vascular injuries...