CARDIOVASCULAR STENTS MARKET ANALYSIS

Market Challenges And Opportunities

Many people are diagnosed by cardiovascular disease nowadays, it is important to develop new medical instruments and solutions which will help cure those diseases. Therefore the use of coronary or cardiovascular stents is adopted in clinical practices which should have the clinical evidence, improved outcomes and physician’s experience. One of the drawback for the cardiovascular stent market is the increase prices of coronary stents. However, by using cost –containment policies and appropriateness criteria they can reduce the cost and in future the price of cardiovascular stents will decrease. The increasing geriatric population in the countries will be one of the reason to enhance the growth of this market. China has more number of aged people so stents producers are more likely to tap this market. According to WHO report in 2015 people died from cardiovascular diseases, representing 31% of all global deaths. On the preventions measures for this the global cardiovascular stents market is expected to grow in the future.