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Global Coronary StentMarket to Grow by CAGR of ~6% During 2022 – 2031 On The Back of Rising Cases of Heart Attacks

Research Nester published a report titled Coronary Stent Market: Global Demand Analysis & Opportunity Outlook 2031which delivers detailed overview of the global coronary stent market in terms of market segmentation by stent type, deployment, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global coronary stent market is expected to garner a CAGR of~6%over the forecast period, i.e., 2022 –  2031. The market is segmented by end-user into hospitals, specialty clinics, and ambulatory surgical centers, out of which, the hospital segment is expected to hold the largestshare in the global coronary stent market over the forecast period on the back of the increasing number of patients with heart diseases getting admitted to the hospitals. As heart diseases are aggressively mushrooming among people, they are seeking treatment in hospitals, which is the reason the hospital sub-segment is expected to hold the maximum share in the end-user segment. 

The global coronary stent market is projected to witness growth on the back of increasing cases of heart attacks. The global population aged 65 and over is growing faster than all others, which is the reason the number of heart patients is also increasing. Additionally, according to the data released by the United Nations in 2018, for the very first time in history persons aged 65 or above outnumbered children under 5 years of age globally. Hence, the global coronary heart stent market is predicted to witness considerable growth owing to the increasing geriatric population in the world. Furthermore, the report published by Harvard College states that an estimated 2 million people get coronary artery stents every year. Hence, on the back of an increasing number of people getting coronary stents procedure, the global coronary stent market is estimated to witness significant growth during the forecast period. Additionally, the rising investment in the healthcare sector is also projected to boost global coronary stent market growth during the forecast period.

Regionally, the global coronary stent market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in the North America region is estimated to witness modest growth over the forecast periodon the back of the presence of state-of-the-art healthcare infrastructure.Furthermore, the report published by the Centers for Diseases Control and Prevention states that 1 person dies every thirty-six seconds in the USA from cardiovascular diseases.Owing to the surging cases of cardiovascular disease in the North America region, the global coronary stent market is expected to grow rapidly during the forecast period.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Skyrocketing Number of Patients Suffering from Cardiovascular Diseases to Foster the Market Growth

The data released by the World Health Organization states that 17.9 million people die each year from cardiovascular diseases.

The unprecedented surge in patients suffering from cardiovascular diseases is anticipated to boost the global coronary stent market growth during the forecast period. Coronary stents are extensively used to treat narrowed coronary arteries and save lives.

However, lack of awareness isexpected to operate as key restraint to the growth of global coronary stent market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global coronary stent marketwhich includes company profiling ofAbbott Laboratories, Boston Scientific Corporation, Terumo Corporation, BIOTRONIK SE & Co KG, Becton, Dickinson, and Company (BD), MicroPort Scientific Corporation, B. Braun Melsungen AG, Medtronic International Trading Sarl, Cook Group Incorporated, and Elixir Medical Corporation.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global coronary stent marketthat will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

Request Report Sample@ https://www.researchnester.com/sample-request-205

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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