What is Carotid Endarterectomy Market?
Carotid endarterectomy is a surgical procedure performed by vascular surgeons which helps to reduce the risk of stroke by correcting in the common carotid artery or internal carotid artery. It is procedure to treat carotid artery disease. It is perform if a diagnostic test such as carotid ultrasound shows significant blockage that is likely to trigger a stroke. Carotid artery disease occurs when fatty, waxy deposits build up in one of the carotid arteries. These arteries are located on each side of the human neck.
Highlights from Carotid Endarterectomy Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Cordis Corporation (United States), Medtronic plc. (Ireland), Silk Road Medical Inc. (United States), InspireMD Inc. (Israel), Boston Scientific Corporation (United States), C.R. Bard, Inc. (United States), Cook Medical Incorporated (United States), W.L. Gore & Associates (United States), Abbott Vascular, Inc. (United States) and BIOTRONIK SE & Co. KG (Germany) |
The key players are highly focusing on developing and innovating new strategies such as product launch and increased R&D to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Carotid Endarterectomy market throughout the forecasted period.
Cordis Corporation (United States), Medtronic plc. (Ireland), Silk Road Medical Inc. (United States), InspireMD Inc. (Israel), Boston Scientific Corporation (United States), C.R. Bard, Inc. (United States), Cook Medical Incorporated (United States), W.L. Gore & Associates (United States), Abbott Vascular, Inc. (United States) and BIOTRONIK SE & Co. KG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Impulse Dynamics N.V. (United States). Carotid Endarterectomy Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Hospitals, Clinics, Ambulatory Surgical Centre and Others |
Diagnosis | Computed Tomography Angiography,Carotid Ultrasound,Magnetic Resonance Angiography |
On the basis of geography, the market of Carotid Endarterectomy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surge In the Adoption Rates of Minimally Invasive Surgeries
Market Growth Drivers:
Increase in the Prevalence of Carotid Artery Diseases and Carotid Endarterectomy Helps To Reduce the Chance of Stroke
Challenges:
Stringent Government Rules and Regulations
Restraints:
Complications Associated With Carotid Endarterectomy
Opportunities:
Growth in the Geriatric Population and Increasing Number of Hospitals and Clinics across World
Key Target Audience
Carotid Endarterectomy Providers, Research Professionals, Emerging Companies, Government Body & Associations and End user
Market Leaders & Development Strategies
In June 2021, Boston Scientific Corporation acquired the remaining share of Farapulse. Farapulse is engaged in the development of a PFA system for treating atrial fibrillation (Afib) and other cardiac arrhythmias. The transaction to acquire Farapulse includes an upfront payment of approximately USD 295 million.
In September 2023, NAMSA, a world-leading MedTech Contract Research Organization (CRO) and InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard Embolic Prevention System (EPS) for treatment of carotid artery disease and prevention of stroke entered into a strategic outsourcing partnership to accelerate medical device development and commercialization.