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.
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.
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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.
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. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.