Venous Stents Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to venous stents market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Venous Stents Market News

in Venous Stents Market
  • In November 2024, Medtronic released positive results of the Optimize PRO study, which compared the cusp overlap technique with the EvolutTM Transcatheter Aortic Valve Replacement (TAVR) device. Two instances of enhanced procedural efficacy and valve performance are lower rates of new permanent pacemaker implantation and lack of moderate or severe aortic regurgitation at discharge. In addition, aggregated research validated the long-term advantages of the Evolut PRO system by demonstrating the improvement in paravalvular leak severity at three years of follow-up.
  • In June 2024, Boston Scientific reported that it agreed to pay USD 1.16 billion to acquire Silk Road Medical. The best-known procedure available from Silk Road is TransCarotid Artery Revascularization (TCAR), reducing the risk of stroke and providing a minimally invasive treatment for carotid artery disease. Boston Scientific will have further penetration in the neurovascular intervention market and strengthen its vascular business through strategic acquisition.
  • In April 2024, Abbott's EspritTM BTK Everolimus Eluting Resorbable Scaffold System, the dissolvable stent for arteries below the knee, was approved by the FDA. By keeping the artery open and delivering the drug everolimus to stimulate healing, the device treats chronic limb-threatening ischemia (CLTI) before breaking down slowly over a three-year time frame. Compared to balloon angioplasty, clinical trials demonstrated that Esprit BTK significantly minimized repeat procedures, providing patients with peripheral artery disease with a new therapeutic option.

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Global Venous Stents Market size was valued at USD 2.04 Billion in 2023 and is poised to grow from USD 2.13 Billion in 2024 to USD 3.06 Billion by 2032, growing at a CAGR of 4.62% in the forecast period (2025-2032).

The global venous stents market is dominated by stiff competition among major players to establish market shares. Most often, competitive strategies such as product introductions, collaborations, acquisitions, and mergers are adopted. Stryker, for example, in January 2025 revealed that it will be acquiring Inari Medical for USD 4.9 billion to broaden its venous thromboembolism therapy portfolio. It demonstrates the competitiveness of the market coupled with the focus on growth and innovation. 'Boston Scientific Corporation', 'Medtronic Plc', 'Becton, Dickinson and Company', 'Cook Medical', 'Gore Medical', 'Abbott Laboratories', 'Vesper Medical', 'Optimed Medizinische Instrumente GmbH', 'BIOTRONIK SE & Co. KG', 'Bentley InnoMed GmbH', 'Cordis Corporation', 'Plus medica GmbH & Co.', 'Philips Healthcare', 'Stryker Corporation'

Increase in chronic venous conditions like post-thrombotic syndrome and deep vein thrombosis globally is one of the key factors driving the growth of the venous stents market. Intervention therapy can be a requirement for the treatment of specific conditions to rejuvenate blood supply and alleviate the long-term impacts. Demand for venous stents is increasing in mature and emerging healthcare markets because of better diagnosis rates and greater awareness among aging populations, which is propelling the industry's steady growth.

Transition to Less Invasive Procedures: With shorter recovery periods, fewer risks of operation, and greater patient satisfaction, there is a global trend towards less invasive venous treatments. Venous stents play a key role in these methods, especially for venous diseases like iliofemoral vein obstruction. Demand for stents compatible with less invasive techniques is increasing as healthcare economics increasingly focus on outpatient and day surgery programs. This affects hospital buying habits and product design.

Why Does North America Dominate the Venous Stents Market?

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Global Venous Stents Market
Venous Stents Market

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