Bioabsorbable Stents Market Analysis, Top Companies, New Technology, Demand and Opportunity Analysis
The increasing incidences of cardiovascular diseases (CVDs) and increasing number of obese people worldwide are some of the major growth drivers for the global bioabsorbable stents market . CVDs are characterized by disorders of the heart and blood vessels. The major disorders include cerebrovascular disease, coronary heart disease, and rheumatic heart disease. People at risk of CVDs are affected with increased blood pressure, as well as obesity. According to the World Health Organization (WHO), 17.5 million people die from CVDs every year around the world. The stringent government regulations for the approval of bioabsorbable stent, and high risk of side-effects associated with the implantation of stents in the body are some of the common factors, restraining the growth of the global bioabsorbable stents market. Moreover, the lack of awareness towards innovative and interventional applications of bioabsorbable stents, and lack of reimbursement policies are also hindering the ...