Urology Surgical Market: Industry Research Report 2018-2025 Coronary Stents Market Growth Rate, 2018-2025 | Page 3

Coronary Stents Market to 2025 Publication Month: Apr 2018| No. of Pages: 173 | Report Code: TIPHE100000827| Category: Medical Device The coronary stents market is estimated to grow at a CAGR of 7.8% during the forecast period from 2018 to 2025. The market for coronary stents is estimated to reach US$ 13,879.0 Mn by 2025. The market for coronary stents has been witnessing a healthy growth rate during the previous years and is expected to witness similar trend in the coming years. The coronary stents market is subject to strict and mandated regulatory policies. The companies operating in the market follow stringent regulations of the manufacturing guidelines. In addition, these manufacturing companies are focusing to invest in R&D to develop advanced products for end users such as, hospitals, ambulatory surgical centers, and the cardiac centers, among others. The market for coronary stents is well established in North America region, especially in the U.S and Canada. Rising prevalence of various types of cardiac diseases and subsequent usage of coronary stents to treat these diseases is one of the major factors for the growth of coronary stents market in the country. According to the American Heart Association (AHA), in 2016, nearly 15.5 million persons aged above 20 years in the US have coronary heart diseases (CHD). The rising number of the coronary heart diseases need more number of coronary stents, hence, the coronary stents market is likely to grow during the forecast period. E-Mail : [email protected]