Bioabsorbable Stents Market: Global Industry Size, Share, Growth, Outlook and Forecast to 2022 - Brisk Insights

According to a recently published report, the Global Bioabsorbable Stents Market is expected to grow $2800 million till 2022 with the CAGR of 44.7% during 2016-2022. The segmentation of global bioabsorbable stents market is based on absorption rate, drugs, applications, end users, materials and regional outlook. The report on global bioabsorbable stents market forecast 2016-2022 (absorption rate, drugs, applications, end users, materials and regional outlook) provides detailed overview and predictive analysis of the market.

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There has been huge demand for bioabsorbable stents. Unhealthy and hectic lifestyle is cause for increase in the rate of coronary artery diseases across the globe from last few years.Increasing geriatric population and growing prevalence of obesity are adding significantly to the severity of increasing coronary artery diseases. The rising incidences of cardiovascular diseases and increasing number of people who had gone through bariatric surgery are some of the major growth factors boosting the bioabsorbable stents market. Cardiovascular diseases are characterized by abnormality of the heart and blood vessels. The major disorders such as coronary heart disease,rheumatic heart disease and cerebrovascular disease are at risk of cardiovascular diseases which is being caused by the rising obesity and increase in blood pressure. According to World Health Organization, around 17.5 million people die from cardiovascular diseases every year across the globe.Growing prevalence rate of heart related diseases and rising incidences of heart attacks, strokes and obesity related diseases are pushing the global bioabsorbable stents market. Stent is a device, which is inserted into the artery or blood vessels to expand the vessel and stop the blockage.

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