The global demand for Carotid Artery Stents Market is presumed to reach the market size of nearly USD 1066.04 MN by 2030 from USD 662.82 MN in 2022 with a CAGR of 6.12% under the study period 2023 - 2030.
Carotid artery stents are small, mesh-like devices that are used to open blocked or narrowed carotid arteries in the neck. These arteries are the main blood vessels that supply blood to the brain. Any blockage in these arteries can increase the risk of stroke. Carotid artery stenting is typically performed with angioplasty, a procedure that uses a balloon catheter to widen the blocked artery. Carotid artery stenting is generally considered a safe and effective treatment for carotid artery stenosis. These stents are shown to reduce the risk of stroke and improve the quality of life in patients with this condition.
Market Dynamics
The carotid artery market growth is expected to be driven by the growing prevalence of carotid artery disease. As carotid artery stents become a popular treatment option for individuals with carotid artery disease, it offers a less invasive and more effective alternative to traditional surgery. Moreover, the availability of newer, more advanced stents coated with drugs to help prevent the formation of scar tissue again may fuel the market's growth. Also, these stents have effectively reduced the risk of stroke and other complications associated with carotid artery blockages, which may drive market growth. However, the cost of the procedure compared to alternative treatments may limit the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of carotid artery stents. The growth and trends of carotid artery stents industry provide a holistic approach to this study.
Market Segmentation
This section of the carotid artery stents market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Drug Eluting Stents
- Bare Metal Stents
- Bioabsorbable Stents
By Material
- Metals (Stainless Steel, Nitinol, Cobalt Chromium, Others)
- Polymers
By Mode Of Delivery
- Balloon-Expandable Stents
- Self-Expanding Stents
By End-Use
- Hospitals
- Ambulatory Surgical Centers
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Carotid Artery Stents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Carotid Artery Stents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carotid artery stents market include Abbott Laboratories Inc, Balton Sp z o.o., Boston Scientific Corporation, Cordis, InspireMD Inc., Medtronic, Terumo Europe NV, MicroPort Scientific Corporation, Silk Road Medical Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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