Peripheral Stenting Procedures and Markets

First introduced about two decades ago as a bailout technique for suboptimal or failed iliac angioplasty, peripheral vascular stenting gradually emerged as a valuable and versatile tool for a variety of primary and adjuvant applications outside the domain of coronary and cerebral vasculature.  Today, peripheral vascular stenting techniques are commonly employed in the management of the most prevalent occlusive circulatory disorders and other pathologies affecting the abdominal and thoracic aortic tree and lower extremity arterial bed. Stents are also increasingly used in the management of the debilitating conditions like venous outflow obstruction associated with deep venous thrombosis and chronic venous insufficiency.

Notwithstanding a relative maturity of the core technology platforms and somewhat problematic opportunities for conversion to value-adding peripheral drug-eluting systems, peripheral vascular stenting appears to have a significant room for qualitative and quantitative growth both in established and emerging peripheral indications.

Source: MedMarket Diligence, LLC; “Global Market Opportunities in Peripheral Arterial and Venous Stents, Forecast to 2020.” Report #V201. Order online.

 

Peripheral Vascular Stents

The market for stents used in peripheral vascular indications — inclusive of stent grafts, and arterial and venous stents — is growing at an aggregate 6.2% CAGR from 2016 to 2020, which belies much stronger growth in specific subsets, especially in emerging markets like Asia/Pacific.

The aggregate compound growth rates for peripheral stent markets in each global region is shown below, with growth rates weighted by individual segment sales:

U.S.:  9.5%
Western Europe: 5%
Asia/Pacific: 21.3%
Rest of World: 13.9%

Peripheral stent products include the following, each of which is growing in sales at varying rates above and below the aggregregate regional sales growth:

Peripheral Arterial Stenting

– Bare Metal Stent Devices

– Drug Eluting Stent Devices

Aortic Aneurysm Repair

– Abdominal AA Stent-Grafts

– Thoracic AA Stent-Grafts

Peripheral Venous Stents

 

Worldwide Peripheral Stent Market by Product Category, 2015 and 2020

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Source: MedMarket Diligence, LLC; Report #V201.