Carotid artery disease otherwise called carotid artery stenosis happens when the fats stores (plaques) stop up veins that convey blood to the cerebrum and head (carotid arteries). The blockage builds the danger of stroke, a therapeutic crisis that happens when the blood supply to the cerebrum or brain is hindered or truly diminished. The carotid artery disease market is relied upon to observe huge development attributable to the ascent in cigarette smoking. Other key factors, for example, rising fat blood levels among the populace, expanding geriatric populace, the developing predominance of diabetes, expanding obesity, a growing number of patients with hypertension, and inactive way of life are contributing towards the development of the market. The global carotid artery disease market is projected to register a growth rate of CAGR of 4.1% for reaching the valuation of USD 11,612.16 million until the year 2023.
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The global carotid artery disease market is categorized on the basis of its treatment and diagnosis, end-user and regional demand. Based on its treatment & diagnosis, the market is categorized into treatment and diagnosis. The treatment section is divided into surgical procedures and medications. The medications section is further segmented into antiplatelet drugs, antihypertensive drugs, and cholesterol-lowering statins. The surgical procedures are section is again segmented into carotid artery angioplasty & stenting, carotid artery bypass, and carotid endarterectomy. Again, on the basis of its end user, the market is segmented into ambulatory surgical centers, hospital & clinics, pharmacies, and others.
Geographically, the global carotid artery disease market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Silk Road Medical, Inc., Abbott, Medtronic, Stryker Corporation, Cardinal Health, Boston Scientific Corporation, W. L. Gore & Associates, Inc., Becton, Dickinson and Company, Terumo Corporation, Hitachi, among others are some of the major players in the global carotid artery disease market.
Table Of Content – Major key Points
1 Executive Summary
2 Market Introduction
3 Research process
4 Market Dynamics
5 Market Factor Analysis
6 Global Carotid Artery Disease Market by Treatment & Diagnosis
7 Global Carotid Artery Disease Market by End User
Latest Update Of healthcare Industry 2019:
Healthcare industry is expected to witness an exceptional growth over the next couple of years. The patient population is on the rise. Also, the outbreak of new diseases is expected to catalyze the expansion of the industry over the next couple of years. Investments are being constantly injected by the industry leaders for research & development. These researches, rising investment, drug discoveries, clinical trials, etc. are projected to accelerate revenue creation for the industry participants. These players are also anticipated to increase investments for the adoption of the latest technology, thus, propelling industry expansion.
Technological innovations are prognosticated to drive the growth of the industry over the next few years. The introduction of the latest next-gen medical devices is likely to revolutionize the growth trajectory of the industry in the years to come. The sophistication of technologies is also anticipated to motivate the population to invest in preventive care. Also, these advancements in technologies are poised to boost the demand for minimally invasive surgeries. Minimally invasive services have gained much popularity over the past few years. It is anticipated to garner further traction in the upcoming years. Also, the growth of the biotechnology and pharmaceutical industries are anticipated to favor the proliferation of the industry in the years to come.
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