The global coronary stents market size is expected to reach USD 11.3 billion by 2027, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Increasing adoption of minimally invasive surgeries and percutaneous coronary intervention (PIC) procedures is expected to drive the market for coronary stents in the coming years. Moreover, increasing geriatric population is considered as a high impact rendering driver for the growth of this industry over the forecast period. Technological advancement in 2nd generation drug eluting stents (DES) is further fueling the growth. Development of biodegradable and polymer free DES in order to increase patient compliance is expected to drive the market over the coming years.
The coronary stent market is driven by reimbursement coverage provided by the general public Center for Medicare and Medicaid Services (CMS) and private payers. The coverage is availed under national coverage determination for carotid artery stenting, including products and service provider. From January 2020, Centers for Medicare & Medicaid Services (CMS) proposed reimbursement for some angioplasty and stenting procedures performed in ambulatory surgical center (ASC), which is expected to boost market revenue over the forecast period.
Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/coronary-stents-industry
Key Takeaways from the report:
Request For Free Sample Report @ https://www.grandviewresearch.com/industry-analysis/coronary-stents-industry/request/rs1
Grand View Research has segmented the global coronary stent market on the basis of product and region:
Coronary Stents Product Outlook (Revenue, USD Million, 2016 – 2027)
Coronary Stents Regional Outlook (Revenue, USD Million, 2016 – 2027)
Browse Related Reports :
Mechanical Ventilator Market Size, Share & Trends Analysis Report, By Product (Critical Care, Neonatal, Transport & Portable), By Region, And Segment Forecasts, 2020 – 2027
https://www.grandviewresearch.com/industry-analysis/mechanical-ventilators-market
Medical Oxygen Concentrators & Oxygen Cylinders Market Size, Share & Trends Analysis Report By Product, By Technology, By End User, By Region, And Segment Forecasts, 2020 – 2026
https://www.grandviewresearch.com/industry-analysis/medical-oxygen-concentrators-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/coronary-stents-industry