South Korea Covered Stent Market Size & Outlook, 2025-2030
The covered stent market in South Korea is expected to reach a projected revenue of US$ 42.9 million by 2030. A compound annual growth rate of 4.8% is expected of South Korea covered stent market from 2025 to 2030.
Revenue, 2024 (US$M)
$32.4
Forecast, 2030 (US$M)
$42.9
CAGR, 2025 - 2030
4.8%
Report Coverage
South Korea
Related Markets
South Korea covered stent market highlights
- The South Korea covered stent market generated a revenue of USD 32.4 million in 2024 and is expected to reach USD 42.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, vascular stents was the largest revenue generating application in 2024.
- Vascular Stents is the most lucrative application segment registering the fastest growth during the forecast period.
Covered stent market data book summary
| Market revenue in 2024 | USD 32.4 million |
| Market revenue in 2030 | USD 42.9 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Vascular stents |
| Fastest growing segment | Vascular Stents |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vascular Stents, Non Vascular Stents |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, W.L. Gore & Associates, COOK, Terumo Corp, B. Braun Medical, Becton Dickinson & Co, Getinge AB ADR |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.8% of the global covered stent market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China covered stent market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 75.0 million by 2030.
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Covered Stent Market Scope
Covered stent market segmentation & scope
Covered Stent Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| COOK | View profile | 1001-5000 | Sittingbourne, Kent, United Kingdom, Europe | https://www.cookfood.net/ |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| W.L. Gore & Associates | View profile | 5001-10000 | Newark, New Jersey, United States, North America | http://www.gore.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Getinge AB ADR | View profile | 11862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | https://www.getinge.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
South Korea covered stent market size, by application, 2018-2030 (US$M)
South Korea Covered Stent Market Outlook Share, 2024 & 2030 (US$M)
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