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.
Download a free sample report here@ https://axiommrc.com/request-for-sample/?report=1443
The global coronary stents market is segmented in to type, mode of delivery, material, end use, and geography. Based on type, Drug-eluted stents accounted for major share in the global coronary stents market in 2017. Drug eluted is further expected to remain dominant in the near future expanding at a CAGR of 7.8% from 2019 to 2024. The major end users are hospitals, cardiac centers, and ambulatory surgical centres are expected to showcase significant growth thereby boost the demand for coronary stents over the forecast period from 2019 to 2024. North America accounted for largest share of global coronary stents market in 2017 and accounted for 40% share of global market. Asia-Pacific is expected to witness a strong compound annual growth rate of 7.9% over the forecast period owing to the increasing expenditure in the healthcare sector coupled with the increasing awareness of coronary stent treatment among the heart patients.
Get more information about report @ https://axiommrc.com/speak-to-analyst/?report=1443
The global coronary stents market is led by manufacturers: Medtronic plc , Abbott Laboratories, Boston Scientific Corporation, Biosensors International Group, Ltd, Biotronik, B. Braun Melsungen AG, Terumo Corporation, Stentys SA, MicroPort Scientific Corporation, Meril Life Sciences Pvt. Ltd., Vascular Concepts, Translumina GmbH among others.
About Us: Axiom Market Research & Consulting, a global market research firm driven with a simple aim of providing key actionable data to companies for taking informed business decisions pertaining to their marketing strategy, investments, new product launch, market competition etc.
Our creative research approaches help us to extract, analyze and compare markets along with peer markets, main or parent market, application and end user industries, competitive landscape and qualitative figures to arrive at market numbers. Backed by a team of experienced analyst, who have worked with leading research firms and delivered number of market research projects globally, Axiom Market Research & Consulting is able to cater to all market research and business consulting requirements. With a worldwide client base, Axiom Market Research & Consulting aims to be a global leader and defacto partner in your company’s growth. Contact Details: Manish Shelar Telephone: +1 (845) 875-9786 Fax number: +1 (845) 503-2379 Email: sales@axiommrc.com