Press release
Global Intracranial Atherosclerotic Disease (ICAD) Pathology Market Emerging Trends, Segment Analysis and Industry Forecast 2022 - 2030 | Acandis GmbH, Medtronic, Stryker, Terumo Corporation
Intracranial Atherosclerotic Disease (ICAD) is a condition in which the walls of the arteries supplying blood to the brain become thickened and narrowed due to the buildup of plaque. This condition is a leading cause of stroke, especially in certain populations such as Asians, Hispanics, and Africans. The ICAD pathology market is a rapidly growing market due to the increasing prevalence of the disease and the need for effective treatment options.In terms of revenue, global intracranial atherosclerotic disease (ICAD) pathology market is growing at a CAGR of 5.62% over the forecast period (2022 - 2030).
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The rising prevalence of ICAD is a key driver of the market. According to the American Heart Association, ICAD is responsible for 10-15% of all ischemic strokes in the United States. The disease is more common in certain populations such as Asians, Hispanics, and Africans, making it a significant public health concern in these populations. The increasing prevalence of ICAD is expected to drive the demand for effective diagnostic and treatment options.
The introduction of advanced imaging technologies is another factor driving the ICAD pathology market. Advanced imaging technologies such as magnetic resonance imaging (MRI) and computed tomography (CT) scans have significantly improved the accuracy of ICAD diagnosis. This has led to an increase in the number of patients being diagnosed with ICAD, driving the demand for treatment options. The development of innovative treatment options is also driving the ICAD pathology market. Several companies are developing new drugs and therapies for ICAD, including antiplatelet agents, anticoagulants, and angioplasty. These treatments have the potential to improve patient outcomes and reduce the risk of stroke.
However, there are also some restraints to the ICAD pathology market. The high cost of treatment and the lack of awareness of the disease in certain populations may limit the market growth. Additionally, the COVID-19 pandemic has had a significant impact on the healthcare industry, leading to disruptions in the supply chain and delaying clinical trials for new treatments.
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Key Players Influencing the Intracranial Atherosclerotic Disease (ICAD) Pathology Market:
Acandis GmbH, BALT group., Boston Scientific Corporation, CERENOVUS, Medtronic, MicroPort Scientific Corporation, Stryker, Terumo Corporation, Other Market Participants
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Study Objectives of this Report:
Detailed overview of market.
Changing market dynamics of the industry.
In-depth market segmentation by Type, Application etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
Competitive landscape of market.
Strategies of key players and product offerings.
Potential and niche segments/regions exhibiting promising growth.
A neutral perspective towards market performance.
Market players' information to sustain and enhance their footprint.
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Global Intracranial Atherosclerotic Disease (ICAD) Pathology Market:
By Product Type
Stent
PTA Balloon Catheter
By Diagnosis/imaging techniques
High-definition MRI
Balloon test occlusion
Computed tomographic angiogram (CTA)
Transcranial Doppler ultrasound (TCD)
Digital subtraction angiography (DSA)
Others
By End Users
Hospitals
Clinics
Diagnostic centers
Others
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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