Global Carotid Stents Market Growth 2023-2029
Carotid artery stenting is a procedure used to open a narrowed carotid artery in the heart. It involves placing a small, expandable or non-expandable tube called stent in the artery. The carotid artery stenting (CAS) procedure is also known as carotid angioplasty. Stenting helps in preventing a stroke in the long term, whereas it increases the risk of stroke and death in the short term. Carotid artery stenting is an optional procedure, which can be used if a patient has more than 60% to 70% narrowing and has low risk of serious problems from stenting. Carotid stents are available in different sizes and shapes in order to be used for patients with major heart problems. Carotid stents also feature few characteristics which makes these more useful devices for a heart surgeon. Characteristics such as visibility of stents under X-ray, scaffolding design for more effective drug elution and easier deliverability, and conformity of the stent struts to the vessel walls increase the safety and efficacy of these devices. However, new developments in stents technology are paving the way for earlier diagnosis and treatment of cardiovascular disease.
LPI (LP Information)' newest research report, the “Carotid Stents Industry Forecast” looks at past sales and reviews total world Carotid Stents sales in 2022, providing a comprehensive analysis by region and market sector of projected Carotid Stents sales for 2023 through 2029. With Carotid Stents sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carotid Stents industry.
This Insight Report provides a comprehensive analysis of the global Carotid Stents landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carotid Stents portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carotid Stents market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carotid Stents and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carotid Stents.
The global Carotid Stents market size is projected to grow from US$ 1647.2 million in 2022 to US$ 3207.8 million in 2029; it is expected to grow at a CAGR of 3207.8 from 2023 to 2029.
One of the major drivers for this market is Global burden of vascular diseases and stroke. The number of people affected by vascular diseases and stroke is increasing globally. CVDs are the main cause of death across the globe. The burden of CVDs is more prominent in emerging countries than in developed countries. Stroke and TIA are also prevalent globally and are responsible for a large number of deaths. The latest trend gaining momentum in the market is Increase in M&A. Companies are adopting M&A to expand their presence globally. They are also using this strategy to increase their product portfolio and market share. This strategy empowers organizations to juxtapose innovation with R&D abilities. The trade increases the opportunities for small organizations, as the larger organizations are constantly interested in acquiring them for their development prospects. M&A remain an important option for various medical device manufacturing companies.
This report presents a comprehensive overview, market shares, and growth opportunities of Carotid Stents market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Balloon Expandable Stents
Self-Expanding Stents
Segmentation by application
Ambulatory Surgical Units
Hospitals
Clinics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
Boston Scientific
Medtronic
Terumo
Balton
InspireMD
Optimed
W. L. Gore & Associates
Key Questions Addressed in this Report
What is the 10-year outlook for the global Carotid Stents market?
What factors are driving Carotid Stents market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Carotid Stents market opportunities vary by end market size?
How does Carotid Stents break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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