The vascular stent market is expected to grow at a CAGR of 7.7% from 2016 to 2021, reaching USD 17.68 billion from USD 12.21 billion in 2016. The market is being driven by technological developments in stents, an increase in the number of angioplasty operations, an increase in the burden of vascular illnesses, an increase in demand for minimally invasive procedures, and an increase in the elderly population. Furthermore, the development of bioresorbable vascular scaffolds, as well as expansion into emerging markets, are likely to provide Cardiovascular Stents Market players with prospective growth possibilities in the future years. However, the availability of alternative treatment techniques for cardiac disorders, strict product approval requirements, and numerous incidences of product failure and recalls are projected to limit market growth during the projection period.
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