diff --git a/AUTHORS b/AUTHORS
index bd1e27cb37d..3842077e7bc 100644
--- a/AUTHORS
+++ b/AUTHORS
@@ -382,6 +382,7 @@ Omri Golan
 Ondřej Súkup
 Onkesh Bansal
 Oscar Benjamin
+Paneendra Kumar
 Parth Patel
 Patrick Hayes
 Patrick Lannigan
diff --git a/changelog/13431.improvement.rst b/changelog/13431.improvement.rst
new file mode 100644
index 00000000000..299642570d5
--- /dev/null
+++ b/changelog/13431.improvement.rst
@@ -0,0 +1,2 @@
+Exposed :class:`pytest.ParameterSet` as the type of the return value of :func:`pytest.param()`.
+This can be used in type annotations and ``isinstance`` checks.
diff --git a/doc/en/conf.py b/doc/en/conf.py
index 803a5b2a982..2083e72dfbf 100644
--- a/doc/en/conf.py
+++ b/doc/en/conf.py
@@ -67,6 +67,7 @@
     ("py:class", "HookCaller"),
     ("py:class", "HookspecMarker"),
     ("py:exc", "PluginValidationError"),
+    ("py:class", "pluggy._compat.DistFacade"),
     # Might want to expose/TODO (https://github.com/pytest-dev/pytest/issues/7469)
     ("py:class", "ExceptionRepr"),
     ("py:class", "Exit"),
@@ -78,7 +79,6 @@
     ("py:class", "_pytest.fixtures.FixtureFunctionMarker"),
     ("py:class", "_pytest.fixtures.FixtureFunctionDefinition"),
     ("py:class", "_pytest.logging.LogCaptureHandler"),
-    ("py:class", "_pytest.mark.structures.ParameterSet"),
     # Intentionally undocumented/private
     ("py:class", "_pytest._code.code.Traceback"),
     ("py:class", "_pytest._py.path.LocalPath"),
diff --git a/doc/en/reference/reference.rst b/doc/en/reference/reference.rst
index 4e0f40f4f93..87abcc5f74d 100644
--- a/doc/en/reference/reference.rst
+++ b/doc/en/reference/reference.rst
@@ -1049,6 +1049,11 @@ OptionGroup
 .. autoclass:: pytest.OptionGroup()
     :members:
 
+ParameterSet
+~~~~~~~~~~~~
+
+.. autoclass:: pytest.ParameterSet()
+
 PytestPluginManager
 ~~~~~~~~~~~~~~~~~~~
 
diff --git a/src/_pytest/mark/structures.py b/src/_pytest/mark/structures.py
index 34a004f4881..aaee55771ee 100644
--- a/src/_pytest/mark/structures.py
+++ b/src/_pytest/mark/structures.py
@@ -81,33 +81,37 @@ def get_empty_parameterset_mark(
 
 
 class ParameterSet(NamedTuple):
-    """A set of values for a set of parameters along with associated marks and
-    an optional ID for the set.
-
-    Examples::
-
-        pytest.param(1, 2, 3)
-        # ParameterSet(values=(1, 2, 3), marks=(), id=None)
+    """The return type of :func:`pytest.param`.
 
-        pytest.param("hello", id="greeting")
-        # ParameterSet(values=("hello",), marks=(), id="greeting")
-
-        # Parameter set with marks
-        pytest.param(42, marks=pytest.mark.xfail)
-        # ParameterSet(values=(42,), marks=(MarkDecorator(...),), id=None)
+    A set of values for a set of parameters along with associated marks and
+    an optional ID for the set.
 
-        # From parametrize mark (parameter names + list of parameter sets)
-        pytest.mark.parametrize(
-            ("a", "b", "expected"),
-            [
-                (1, 2, 3),
-                pytest.param(40, 2, 42, id="everything"),
-            ],
-        )
-        # ParameterSet(values=(1, 2, 3), marks=(), id=None)
-        # ParameterSet(values=(40, 2, 42), marks=(), id="everything")
+    .. versionadded:: 9.2
     """
 
+    # Examples:
+    #
+    #     pytest.param(1, 2, 3)
+    #     # ParameterSet(values=(1, 2, 3), marks=(), id=None)
+    #
+    #     pytest.param("hello", id="greeting")
+    #     # ParameterSet(values=("hello",), marks=(), id="greeting")
+    #
+    #     # Parameter set with marks
+    #     pytest.param(42, marks=pytest.mark.xfail)
+    #     # ParameterSet(values=(42,), marks=(MarkDecorator(...),), id=None)
+    #
+    #     # From parametrize mark (parameter names + list of parameter sets)
+    #     pytest.mark.parametrize(
+    #         ("a", "b", "expected"),
+    #         [
+    #             (1, 2, 3),
+    #             pytest.param(40, 2, 42, id="everything"),
+    #         ],
+    #     )
+    #     # ParameterSet(values=(1, 2, 3), marks=(), id=None)
+    #     # ParameterSet(values=(40, 2, 42), marks=(), id="everything")
+
     values: Sequence[object | NotSetType]
     marks: Collection[MarkDecorator | Mark]
     id: str | _HiddenParam | None
@@ -119,6 +123,7 @@ def param(
         marks: MarkDecorator | Collection[MarkDecorator | Mark] = (),
         id: str | _HiddenParam | None = None,
     ) -> ParameterSet:
+        """:meta private:"""
         if isinstance(marks, MarkDecorator):
             marks = (marks,)
         else:
@@ -145,6 +150,8 @@ def extract_from(
     ) -> ParameterSet:
         """Extract from an object or objects.
 
+        :meta private:
+
         :param parameterset:
             A legacy style parameterset that may or may not be a tuple,
             and may or may not be wrapped into a mess of mark objects.
@@ -259,6 +266,10 @@ def _for_parametrize(
         return argnames, parameters
 
 
+# mypy doesn't like `__module__` defined inline in the NamedTuple.
+ParameterSet.__module__ = "pytest"
+
+
 @final
 @dataclasses.dataclass(frozen=True)
 class Mark:
diff --git a/src/pytest/__init__.py b/src/pytest/__init__.py
index f6ea24f95a1..ecd075ff5d3 100644
--- a/src/pytest/__init__.py
+++ b/src/pytest/__init__.py
@@ -42,6 +42,7 @@
 from _pytest.mark import MarkDecorator
 from _pytest.mark import MarkGenerator
 from _pytest.mark import param
+from _pytest.mark import ParameterSet
 from _pytest.monkeypatch import MonkeyPatch
 from _pytest.nodes import Collector
 from _pytest.nodes import Directory
@@ -130,6 +131,7 @@
     "MonkeyPatch",
     "OptionGroup",
     "Package",
+    "ParameterSet",
     "Parser",
     "PytestApproxDecimalToleranceWarning",
     "PytestAssertRewriteWarning",