Global Carotid Stents Market
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The Global Carotid Stents Market was valued $1.5 Bn in 2020 and is expected to reach $3.1 Bn by 2027, at a CAGR of 11%.
Global Carotid Stents Market Introduction and Overview
Carotid artery stenting technologies are rapidly evolving. Options for endovascular surgeons and interventionists who treat occlusive carotid diseases are continuing to expand. Carotid technologies addressed in the report include the carotid stents themselves as well as adjunct neuroprotective devices. Carotid stenting is a new and exciting field with rapidly advancing technologies. Embolization protection, low-risk deployment, and lesion assessment and stratification are active areas of research.
The increasing graph of cardiac diseases such as atherosclerosis, coronary artery diseases driven by growing risk factors such as high consumption of cholesterol rich foods, sedentary lifestyles, diabetes, obesity and high blood pressure is the key driver for the growth of the global carotid stents market. According to the Centers for Disease Control and Prevention, coronary artery disease (CAD) is the most common heart disease in the U.S. and is the leading cause of deaths, claiming over 370,000 lives annually.
Technological advancements in stents such as drug eluting stents, use of biodegradable, and bio-absorbable materials for stent construction, improvements in stent design such as bifurcated stents and others are driving the growth of the global carotid stenting systems market owing to greater efficiency and efficacy.
Improvements in implantation techniques and development of complementary technologies such as real-time diagnostic imaging such as computed tomography and magnetic resonance imaging have resulted in greater confidence and concurrent number of stenting procedures performed. Another advancement is the development of stent coatings to combat stent-based trauma, and restenosis.
However, high procedure cost, risk of infection and stent failure are some factors hampering the market growth.
Market values and CAGR of the forecast period, for major geographic markets are provided in the report.
Global Carotid Stents Market
The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in the Carotid Stents market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.
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Last Update : 10 August 2021 9:51 AM
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