Market Overview:
The global carotid stent system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of carotid artery diseases, technological advancements in carotid stent systems, and rising demand for minimally invasive surgeries. Based on type, the global carotid stent system market can be segmented into straight version and tapered version. The straight version segment is expected to account for a larger share of the global market than the tapered version segment during the forecast period. This can be attributed to its ease of use and lower cost as compared with other types of carotid stents. Based on application, the global carotid stent system market can be divided into vascular surgery, neurosurgery, and cardiology.
Product Definition:
A carotid stent system is a device that is used to open up narrowed or blocked carotid arteries. The device consists of a metal scaffold that is placed inside the artery and then expanded using a balloon. This opens up the artery and allows blood to flow through it again.
Straight Version:
Straight version is the newest variant of carotid stent system. It was approved by the U.S FDA in 2016 and has been used to treat more than 100,000 patients till date across the globe.
Tapered Version:
A tapered stent is a kind of stent that has been designed to deliver an increased dose of medicine at the target site. It consists of a widened base and an increasingly narrow tip, which helps it to get closer to the blockage in arteries. This reduces the amount of drug that is released into the bloodstream, thereby reducing side effects. The U.
Application Insights:
Based on application, the global market is segmented into vascular surgery, neurosurgery, and cardiology. The vascular surgery segment dominated the overall industry in terms of revenue in 2017. This can be attributed to increasing prevalence of cardiovascular diseases and rising number of carotid stenting procedures performed worldwide. According to a study published by NCBI in 2018, it was estimated that around 1 out of 3 people aged over 50 years suffer from some form of cardiovascular disease globally. Thus, increasing incidence rate coupled with growing geriatric population susceptible to such diseases increases demand for carotid stent system globally.
The neurosurgery segment is expected to grow at fastest CAGR during forecast period owing to high prevalence and incidence rates associated with various neurological disorders including stroke as well as traumatic brain injuries (TBIs).
Regional Analysis:
North America dominated the global market in 2017 owing to the high prevalence of cardiovascular diseases and cerebrovascular disorders. Moreover, increasing government initiatives for product promotion is also expected to drive regional growth over the forecast period. For instance, as per a recent study published in JACC Cardiovascular Interventions, from January 2014 to December 2016, there was a 545% increase in CVD surgical procedures performed due to an increase in CVD cases.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing with growing medical tourism and rising healthcare expenditure by governments along with private sectors. In addition, improving healthcare infrastructure and economic conditions are some other factors driving this regional market at a significant pace during the estimated time frame.
Growth Factors:
- Increasing incidence of carotid artery diseases
- Rising geriatric population
- Technological advancements in carotid stent systems
- Growing demand for minimally invasive procedures
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Carotid Stent System Market Research Report
By Type
Straight Version, Tapered Version
By Application
Vascular Surgery, Neurosurgery, Cardiology
By Companies
Abbott, Cardinal Health, Medtronic, Boston Scientific, Silk Road Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Carotid Stent System Market Report Segments:
The global Carotid Stent System market is segmented on the basis of:
Types
Straight Version, Tapered Version
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vascular Surgery, Neurosurgery, Cardiology
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Cardinal Health
- Medtronic
- Boston Scientific
- Silk Road Medical
Highlights of The Carotid Stent System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight Version
- Tapered Version
- By Application:
- Vascular Surgery
- Neurosurgery
- Cardiology
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carotid Stent System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A carotid stent system is a medical device that helps to prevent blood from flowing from the neck into the brain. The device is inserted into an artery in the neck and then secured with a bandage or other material. If there is an obstruction in the artery, such as plaque buildup, the stent will help to open up the artery and allow more blood flow.
Some of the key players operating in the carotid stent system market are Abbott, Cardinal Health, Medtronic, Boston Scientific, Silk Road Medical.
The carotid stent system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carotid Stent System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carotid Stent System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carotid Stent System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carotid Stent System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carotid Stent System Market Size & Forecast, 2018-2028
4.5.1 Carotid Stent System Market Size and Y-o-Y Growth
4.5.2 Carotid Stent System Market Absolute $ Opportunity
Chapter 5 Global Carotid Stent System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carotid Stent System Market Size Forecast by Type
5.2.1 Straight Version
5.2.2 Tapered Version
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carotid Stent System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carotid Stent System Market Size Forecast by Applications
6.2.1 Vascular Surgery
6.2.2 Neurosurgery
6.2.3 Cardiology
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carotid Stent System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carotid Stent System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carotid Stent System Analysis and Forecast
9.1 Introduction
9.2 North America Carotid Stent System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carotid Stent System Market Size Forecast by Type
9.6.1 Straight Version
9.6.2 Tapered Version
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carotid Stent System Market Size Forecast by Applications
9.10.1 Vascular Surgery
9.10.2 Neurosurgery
9.10.3 Cardiology
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carotid Stent System Analysis and Forecast
10.1 Introduction
10.2 Europe Carotid Stent System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carotid Stent System Market Size Forecast by Type
10.6.1 Straight Version
10.6.2 Tapered Version
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carotid Stent System Market Size Forecast by Applications
10.10.1 Vascular Surgery
10.10.2 Neurosurgery
10.10.3 Cardiology
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carotid Stent System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carotid Stent System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carotid Stent System Market Size Forecast by Type
11.6.1 Straight Version
11.6.2 Tapered Version
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carotid Stent System Market Size Forecast by Applications
11.10.1 Vascular Surgery
11.10.2 Neurosurgery
11.10.3 Cardiology
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carotid Stent System Analysis and Forecast
12.1 Introduction
12.2 Latin America Carotid Stent System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carotid Stent System Market Size Forecast by Type
12.6.1 Straight Version
12.6.2 Tapered Version
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carotid Stent System Market Size Forecast by Applications
12.10.1 Vascular Surgery
12.10.2 Neurosurgery
12.10.3 Cardiology
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carotid Stent System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carotid Stent System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carotid Stent System Market Size Forecast by Type
13.6.1 Straight Version
13.6.2 Tapered Version
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carotid Stent System Market Size Forecast by Applications
13.10.1 Vascular Surgery
13.10.2 Neurosurgery
13.10.3 Cardiology
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carotid Stent System Market: Competitive Dashboard
14.2 Global Carotid Stent System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Cardinal Health
14.3.3 Medtronic
14.3.4 Boston Scientific
14.3.5 Silk Road Medical
