Cardiovascular Stents Market 2022 | Opportunities, Trends, Regional Overview, Analysis and Key Country Forecast To 2028

 Increasing incidence of cardiovascular diseases worldwide is creating growth opportunities for the global cardiovascular stents market, predicts Fortune Business Insights in their new study. The study is titled, “Cardiovascular Stents Market: Global Market Analysis, Insights and Forecasts, 2018 – 2025”. As per Fortune Business Insights, the market is prognosticated to exhibit 6.6% CAGR and reach a valuation of US$ 13,100.2 Mn by 2025 from US$ 7,838.9 Mn in 2017.

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/cardiovascular-stents-market-100061

In terms of stent type, the drug eluting stents segment is expected to hold a larger share of the market, hence booking the dominant position. This dominance is attributable to key companies introducing next-generation drugs for drug eluting systems (DES), and is likely to continue in the coming years.

With respect to end users, the hospitals segment holds dominance in the global market as it registers the highest consumption of cardiovascular stents.

Increasing Number of Cardiovascular Cases to Fuel Demand in Market

In 2017, coronary stents surgery was the most common treatment among cardiovascular patients with a market share of 66.9%. The rising number of cardiovascular diseases worldwide is expected to drive the global market, as per analysts at Fortune Business Insights.

Besides this, huge investments made by market players in research and development on environmental and decomposable coronary stents is also anticipated to boost the market.

Unhealthy lifestyle and irregular eating habits of people have led to have increased the prevalence of health-related concerns, including chronic diseases such as diabetes, obesity, and heart disorders. The surging cases of heart disorder is continuously fueling the demand for treating heart problems including angioplasty, which ultimately increased the demand for cardiovascular stents.

North America garnered the major share in the stents market in 2020, and is expected to continue to dominate during the forecast period, owing to rise in prevalence of cardiovascular disease, increase in number of approvals for stents product, the development of advanced healthcare infrastructure, the presence of key players for manufacturing stents, and development in technology for healthcare in the region.

 

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