Carotid Artery Disease Market Highlights
The Carotid Artery Disease Market is expected to witness tremendous growth owing to the rise in cigarette smoking. According to the Centers for Disease Control and Prevention in 2016, more than 37.8 million adults smoke cigarettes in the US. Other key factors such as rising blood fat levels among the population, increasing geriatric population, growing prevalence of diabetes, increasing obesity, growing number of high blood pressure patients, and sedentary lifestyle are contributing towards the growth of the market.
Segmentation
The Global Carotid Artery Disease Market is segmented on the basis of diagnosis, treatment, and end-user. The diagnosis category includes physical exam, computed tomography angiography, carotid angiography, magnetic resonance angiography, and carotid ultrasound. The treatment segment is further segmented into medications and surgical procedures. The medications category includes aspirin, clopidogrel, and others. Surgical procedures are categorized into carotid endarterectomy, carotid artery angioplasty, and carotid artery stenting. On the basis of end-user, the market is segmented into hospitals and clinics, ambulatory surgical centers, pharmacies and others.
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Key Players
Cordis Corporation (US), Medtronic (US), Silk Road Medical Inc. (US), InspireMD Inc., Boston Scientific Corporation (US), C.R. Bard, Inc. (US), Cook Medical (US) and W.L. Gore & Associates (US) and Abbott Vascular, Inc. (US) and others.
Regional Analysis
The Americas is expected to dominate the Carotid Artery Disease Market during the forecast period. The increasing incidence of cardiovascular diseases drives the market in this region. As per the Centers for Disease Control and Prevention 2015, one in four people dies due to cardiovascular disease in the US. This influences the market growth during the forecast period. The growing geriatric population and technological advancements drive the market growth in this region.
Europe (UK, Belgium, France, and Netherlands) is the second largest in the market owing to the increasing prevalence of high blood pressure within this region. According to the European Society of Hypertension and the European Society of Cardiology, 30 to 45% people in Europe suffer from hypertension. Thus, the increasing prevalence of hypertension in this region influences the growth of this market in this region.
Asia-Pacific is expected to observe growth for the global carotid artery disease market owing to the increasing prevalence of diabetes, rising geriatric population, and change to an unhealthy lifestyle.
The Asian Diabetes Prevention Initiative projected that India and China will have a total of half billion diabetic patient pool by 2030, thus, providing favorable backgrounds for the market to grow.
The Middle East and Africa accounts for least share due to stringent government policies, low investments in the healthcare sector, and poor economies. However, the developing healthcare sector along with several government initiatives may lead to market growth during the forecast period.
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MAJOR TABLE OF CONTENTS
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
TOC Continued…!
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