Global Carotid Stents Market 2017-2021

Overview of the global carotid stents market

Research analysis on the global carotid stents market identifies that the increasing number of catherization laboratories will be one of the major factors that will have a positive impact on the growth of the market. The adoption of latest diagnostic imaging frameworks is increasing in these catherization laboratories because these imaging technologies enable the visualization of arteries and heart chambers. Various diagnostic tests and procedures like angiogram, angioplasty, and pacemaker implantation are carried out in these laboratories. Also, the rising need to diagnose and treat cardiovascular diseases (CVD) is driving the demand for recent imaging innovations. Furthermore, the diagnosis and treatment of complex coronary and valvular cases in catherization laboratories is increasing due to the rising volume of cardiovascular and coronary interventions. This in turn, will drive the adoption of the carotid stent as well. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 12% by 2021.

One of the key trends that will gain traction in the global carotid stents market throughout the projected period is the rising demand for minimally invasive (MI) procedures. MI procedures for heart diseases involve small incisions to insert delicate instruments into the body. MI procedures enable the surgeons to place the carotid stents safely inside the patient’s body. These procedures quicken the recovery period by reducing the physical injury risk and minimizing the chances of an infection. This in turn, will drive the demand for MI instruments such as carotid stents.

Competitive landscape and key vendors