Carotid Stent Market Statistical Forecast, Trade Analysis 2024 -2031- Boston Scientific Corporation, Abbott Laboratories & Cardinal Health.

The Carotid Stent Market was valued at USD 336 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.20% from 2024 to 2031.

Carotid stents are medical devices implanted in the carotid artery to help manage atherosclerosis by removing plaque build-up. By widening the narrowed artery, these stents play a critical role in reducing the risk of stroke and ensuring a continuous, regulated blood flow to the brain. Carotid stenting is often used as an alternative to carotid endarterectomy, especially in patients at high surgical risk, providing a less invasive approach to treating carotid artery disease and preventing stroke-related complications.

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Market Dynamics:

Increasing technological advancements are expected to drive the global carotid stent market growth.

Carotid stents are medical devices placed in the carotid artery to remove plaque buildup, thereby decreasing the risk of stroke by widening the narrowed artery and promoting continuous blood flow. For years, stents have been utilized in coronary and peripheral procedures to prevent or mitigate vessel narrowing and blockages. While their use has been effective, challenges such as restenosis-the recurrence of vessel narrowing due to the body's reaction to a foreign object-remain a concern. Drug-eluting stents (DES) have significantly improved clinical outcomes by reducing the risk of restenosis. Innovations such as biodegradable and bifurcated stents, developed by companies like Biosensors and Abbott, aim to address long-term complications like thrombosis associated with prolonged device implantation.

The global carotid stent market is expected to grow, driven by the rising demand for minimally invasive (MI) procedures. MI procedures offer benefits such as reduced physical trauma, lower infection risk, shorter recovery times, and decreased hospital costs compared to traditional surgical methods. These procedures involve the insertion of delicate instruments through small incisions, leading to less discomfort, minimal scarring, and faster recovery for patients. MI techniques have also enhanced the management of various conditions, allowing specialists to perform surgeries with substantially smaller incisions while achieving better outcomes than conventional approaches.

Market Segmentation:

By Material: Metals, Other stents.

By Type: Self-Expanding Stents, Balloon-Expandable Stents.

By End-User: Hospitals, Ambulatory Surgical Centers, Cardiac Centers.

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Major Key Players:

• Boston Scientific Corporation
• Abbott Laboratories
• Cardinal Health
• Medtronic Plc
• Terumo Corporation
• MicroPort Scientific Corporation
• W. L. Gore & Associates
• BIOTRONIK SE & Co. KG
• InspireMD
• Impulse Dynamics
• Shanghai Hengfei Biological Technology Co., Ltd
• Beijing Bomais Technology Development
• Shanghai Zhenyu Biological Technology Co., Ltd
• Shanghai Haoran Biotechnology Co., Ltd

Regional Analysis:

The global Carotid Stent Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Carotid Stent Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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