Stents Market - Forecast(2020 - 2025)
The demand for stents is increasing to treat the diseases that affect the heart and blood vessels of elderly and middle-aged patients. Due to the current shift in the demographic structure caused by an aging society, the prospect for stents seems to be bright. A stent implant is commonly used for the treatment of cardiac abnormalities such as blocked blood vessels. They are also inserted in the ureter to prevent obstruction of urine flow from kidney, in the gall bladder to allow passage of bile in the patients suffering from the gall bladder cancer, and in the abdomen & gastrointestinal tract. The Stents market is estimated to grow at a CAGR of 5.21% during the forecast period 2019-2024. Asia-Pacific is the fastest growing market with a CAGR of 8.13% , owing to the increasing number of patients with coronary artery diseases along with a significant decline in the prices of the stents and growing healthcare expenditure. Stents Market Outlook Stents are generally made of metals