The latest Fact.MR study provides a comprehensive understanding of Carotid Stenting Systems market growth curve with gross margin, and demand-supply process, Carotid Stenting Systems market sales & demand. The competitive perspective section of report presents a clear insight into market share analysis of major players in industry.
About Carotid Stenting Systems Market
Carotid stenting system is a non-surgical, percutaneous procedure, generally indicated for improving the lumen diameter of carotid arteries patients considered at high risk for strokes or transient ischemic attacks (TIAs).
As the procedure of carotid stenting systems is less invasive and better tolerated, they are considered to safe and effective alternative to surgical procedures for the treatment of carotid occlusive disease in patients who are at high surgical risk or inoperable.
These factors are likely to augment the development of carotid stenting systems market.
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In the recent years, there has been increase in the number of patients with cardiovascular disease such as coronary artery disease and atherosclerosis, primarily due to aging, pollution, smoking, changing lifestyle habits, and others.
This has led to surge in the demand for carotid stenting systems and complementing the expansion of its market across the globe.
Prevention and treatment methods of carotid occlusive disease are also being in low- and medium-economies which is expected to fuel growth of carotid stenting systems market
These systems lower the risk that usually prevails in conventional surgical treatment. Further, adoption of technological advancement and new innovations to improve the treatment will possibly shape the future of carotid stenting systems market.
This Carotid Stenting Systems market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Carotid Stenting Systems along with key stakeholders as well as emerging players associated with the manufacturing of product.
Further, the Carotid Stenting Systems market survey report emphasizes the adoption pattern and demand of Carotid Stenting Systems across various industries. The Carotid Stenting Systems demand study has identified the segments that are expected to contribute major shares to revenues.
The sales study on the Carotid Stenting Systems market offers a scrutiny of the demand and consumption volumes, factors affecting these, and share and size of the various end-use segments.
Carotid Stenting Systems Market: Segmentation
The global carotid stenting systems market is segmented based on components, route of administration, animal models, clinical indications, study design, and region.
Based on material of construction, the global carotid stenting systems market is divided into the following:
- Bare Metal Stents
- Stainless Steel
- Nickel titanium
- Cobalt Chromium
- Others
- Polymers
- Poly- lactide/glycolide acid
- Polycaprolactone
- Others
- Others
Based on configuration, the global carotid stenting systems market is divided into the following:
Based on specialty, the global carotid stenting systems market is divided into the following:
- Bio Absorbable and Biodegradable Stent
- Drug Eluting Stent
- Radioactive stents
- Others
The key trends analysis of Carotid Stenting Systems market also provides dynamics that are responsible for influencing the future sales and demand of over forecast period.
The market outlook report provides insights into various aspects and growth of Carotid Stenting Systems industry. Some of the dynamics on which the study focuses are:
- Carotid Stenting Systems market key drivers, restraints, and current size.
- Carotid Stenting Systems market sales revenue potential of various application areas.
- Key focus of key players for investments.
- Most prominent avenues for Carotid Stenting Systems market growth.
- Detailed segmentation based on various parameters.
- Strategic landscape.
- Region-wise assessment.
- Regions that are outliers to the general growth & trends.
Carotid artery stenting (CAS) is an endovascular procedure to treat narrowing of the carotid artery, which reduces the risk of transient ischemic attacks (TIAs) or strokes. It involves the placement of a stent in the carotid artery to treat narrowing of the carotid artery and decreases the risk of stroke.
A stent is a metal or plastic tube inserted into the lumen of the carotid artery to avoid its narrowing and thereby keeping the passageway open for blood flow. Carotid stenting is the preferred therapy for patients, who do not want to undergo carotid surgery.
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Competitive assessment:-
The outlook study on Carotid Stenting Systems market provides a comprehensive analysis that shape the competitive landscape & sales revenues.
Carotid Stenting Systems Market: Key Players
Examples of some of the major players operating in the global carotid stenting systems market are Abbott Vascular, Boston Scientific Corporation, Cardinal Health Company, Medtronic, Silk Road Medical, InspireMD, Balton Sp. z o. o., etc. Collaboration between players and strategic business partnerships are the strategies that can yield premium.
The global carotid stenting systems report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Additionally, the report provide figures related with total increase in opportunities of different promising regional markets. And focuses on some of major macroeconomic trends that will be crucial to generate new Sales avenues in various regional market
Carotid Stenting Systems Market: Regional Outlook
The global carotid stenting systems market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to account a large share in the global carotid stenting systems market owing to concentration of key market players, consolidation of healthcare, and large research and development expenditure.
The Asia Pacific excluding Japan carotid stenting systems market is expected to grow at a significant CAGR owing to growing healthcare expenditure.
China and India are expected to drive a lion’s share of the market growth owing to growing healthcare infrastructure and expenditure. The expanding number of cases owing to growing risk factors is another driver of the market.
Europe carotid stenting systems market is expected to be led by Germany, France and the U.K. The Middle East and Africa carotid stenting systems market is expected to be skewed in favor of the gulf economies of Saudi Arabia, Kuwait, and Qatar.
The development of large medical complexes such as the King Fahd Hospital in Riyadh, Saudi Arabia, coupled with the large public healthcare share of which is approximately 75 % of the total healthcare expenditure is expected to drive the market for carotid stenting systems in the MEA.
Carotid Stenting Systems Market: Snapshot
The global market for carotid stenting systems is consolidated with a few large players dominating the scene. The market trends include a definite shift in favor of developing regions of Asia Pacific, such as India and China.
There is also a strong trend of collaboration between large hospitals and third party payers owing to growing adoption of healthcare insurance.
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Interested stakeholders and participants should access the report to get a wide range of information. Some of the important ones are:
- Which regional markets are expected to be likely outlier to the common trends?
- Which countries in key regional markets will contribute sizable shares?
- The demand among which end users will witness highest rise?
- What are covid-19 implication on sales of Carotid Stenting Systems market and learn how businesses can respond, manage and mitigate the risks?
- What are some of the regulations that might change the course of Carotid Stenting Systems growth of market?
- Which end-use segment is expected to generate the major share of global sales revenues in Carotid Stenting Systems market?
Carotid Stenting Systems Market: Drivers
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, substance abuse, diabetes, obesity and high blood pressure is the key driver for the growth of the global carotid stenting systems 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 advancement 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, magnetic resonance imaging and others 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.
The restraining factors of the global carotid stenting systems market are high cost of the procedure, risk of infection and stent failure, thrombosis, restenosis or the re-narrowing of the arteries, and lack of of trained manpower and specialty hospitals.
The global carotid stenting systems market also faces competition from balloon angioplasty, coronary angioplasty, and carotid endarterectomy.
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