Global Coronary Stents market was accounted at USD 7.54 billion in 2017 and it is estimated grow at a CAGR between 7.5% to 8.0% during the forecast period 2019 to 2024. Increasing incidences of cardiovascular disorders have led to the increase in demand for coronary stents. The growth of the market is also majorly driven by increasing use of coronary stents in hospitals and growing trend of unhealthy lifestyle. Other factors driving the growth of this market include rise in complimentary repayment policies, an increase in the healthcare expenditure, growing medical tourism in developing nations, technological innovations, and increasing governmental focus to provide improved healthcare facilities. Unhealthy lifestyle habits such as alcohol consumption & smoking, increasing consumption of junk food among adults are leading to several diseases such as heart attack, stroke, obesity, and type II diabetes. These diseases have been widely affecting the countries of Australia, the U.K., and the U.S. as the death rate here has increased to four times in the past decade from respiratory disease caused by an unhealthy lifestyle.
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