RAPID UPTAKE OF DRUG-ELUTING STENTS STIMULATES GROWTH IN THE EUROPEAN INTERVENTIONAL CARDIOLOGY MARKET

According to a new report by Millennium Research Group (MRG), the European market for interventional cardiology generated over $1.4 billion in 2004, and will sustain a compound annual growth rate exceeding 7 percent over the next 5 years. Coronary artery disease (CAD) results from atherosclerosis, a condition that narrows the arteries due to the deposition and buildup of arterial plaque along the inner vessel walls. CAD is the most common form of heart disease in Europe and one of the leading causes of death worldwide.
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