Global Drug Eluting Cardiovascular Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Drug Coating;

Polymer-based Coatings, and Polymer free Coatings.

By Device Type;

Diagnostic and Monitoring Devices, Electrocardiogram (ECG), Remote Cardiac Monitoring, and Others.

By Application;

Coronary Artery Disease and Peripheral Artery Disease.

By End User;

Hospitals, Specialty Clinics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn367967099 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Drug Eluting Cardiovascular Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Drug Eluting Cardiovascular Devices Market was valued at USD 7087.46 million. The size of this market is expected to increase to USD 12873.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.9%%.

Drug-eluting devices, such as stents and balloons, are designed to release therapeutic agents that prevent restenosis, a common issue where blood vessels narrow again after being treated for blockage. The aging global population, rising incidence of conditions such as coronary artery disease, and a growing preference for minimally invasive procedures are key factors contributing to the market expansion. Technological advancements in device design and drug formulations, alongside supportive governmental policies and increasing healthcare expenditure, are further propelling the market forward.

In addition to the growing demand, regional market dynamics are also playing a crucial role in shaping the global landscape. North America holds a substantial share due to high healthcare spending, advanced healthcare infrastructure, and a high prevalence of cardiovascular diseases. Asia-Pacific is emerging as a rapidly growing market, driven by a large patient pool, improving healthcare facilities, and increasing awareness about advanced treatment options. Strategic collaborations between leading medical device manufacturers and pharmaceutical companies are enhancing product development and innovation, thereby driving market growth. As a result, the global drug-eluting cardiovascular devices market is poised for continued expansion, offering significant opportunities for stakeholders in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Coating
    2. Market Snapshot, By Device Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Drug Eluting Cardiovascular Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Supportive regulatory environment for new devices
        2. Patient preference for enhanced post-treatment outcomes
        3. Increasing focus on personalized medicine approaches
        4. Integration of drug delivery systems into devices
      2. Restraints
        1. Potential risks of device-related complications
        2. Ethical concerns regarding long-term drug use
        3. Limited skilled professionals for device procedures
      3. Opportunities
        1. Adoption of telemedicine solutions
        2. Rising healthcare awareness among elderly
        3. Regulatory reforms speeding up approvals
        4. Advances in biomaterials enhancing device safety
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Drug Eluting Cardiovascular Devices Market, By Drug Coating, 2021 - 2031 (USD Million)
      1. Polymer-based Coatings
      2. Polymer free Coatings
    2. Global Drug Eluting Cardiovascular Devices Market, By Device Type, 2021 - 2031 (USD Million)
      Diagnostic and Monitoring Devices
      Electrocardiogram (ECG)
      Remote Cardiac Monitoring
      Others
    3. Global Drug Eluting Cardiovascular Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Coronary Artery Disease
      2. Peripheral Artery Disease
    4. Global Drug Eluting Cardiovascular Devices Market, By End User, 2021 - 2031 (USD Million)
      Hospitals
      Specialty Clinics
      Others
    5. Global Drug Eluting Cardiovascular Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Abbott Laboratories
      2. Boston Scientific Corporation
      3. Terumo Corporation
      4. Medtronic
      5. Biosensors International
      6. Cook Medical
      7. Envision Scientific
      8. Biotronik
      9. CoSo Health
  7. Analyst Views
  8. Future Outlook of the Market