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Carotid Artery Disease Market 2019 Global Size, Share, Growth Opportunities, Competitive Landscape, Swot Analysis By 2023
Global Carotid Artery Disease Market: Information by Diagnosis & Treatment (Carotid Artery Disease and Antihypertensive Drugs), by End User (Hospital & Clinics, Ambulatory Surgical Centers and Pharmacies) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2023
Increasing Adoption of an Unhealthy Lifestyle and Rising Geriatric Population Are Driving the Global Market for Carotid Artery Disease and Is Expected To Register A CAGR Of 4.1% from 2018 To 2023
Market research future will be publishing a cooked research report on “Global Carotid Artery Disease Market” that contains the information from 2018 to 2023. Carotid artery disease market is expected to grow at a CAGR 4.1% during the forecast period of 2018 to 2023.
The Carotid Artery Disease Market Is Estimated To Be Valued At USD 11,621.6 Million By 2023 And Is Expected To Register A CAGR Of 4.1% During The Forecast Period.
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High prevalence of carotid artery disease among the geriatric population, increase in prevalence of diabetes, and a surge in tobacco consumption is projected to drive the global carotid artery disease market during the forecast period. According to the WHO, stroke accounts for 17 million deaths across the globe each year. Over 500,000 new cases of stroke are reported in the U.S. each year, and carotid stenosis is estimated to cause 20% to 30% of these.
Market Research Future (MRFR) recognizes the following companies as the key players in the global carotid artery disease market that includes: W. L. Gore & Associates, Inc., Becton, Dickinson and Company, Terumo Corporation, Hitachi, Ltd, Silk Road Medical, Inc., Abbott, Medtronic, Stryker Corporation, Cardinal Health, Boston Scientific Corporation.
The global carotid artery disease market by treatment & diagnosis is segmented into treatment and diagnosis. The treatment is segmented into medications and surgical procedures. The medications are further segmented into cholesterol-lowering statins, antiplatelet drugs, and antihypertensive drugs. The surgical procedures are further segmented into carotid endarterectomy, carotid artery angioplasty & stenting, and carotid artery bypass.
The global carotid artery disease market by end user is segmented into hospital & clinics, ambulatory surgical centers, pharmacies, and others.
On the basis of region, the global carotid artery disease market has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. Rise in prevalence of cardiovascular disorders, increase in disorders such as ischemic stroke, peripheral vascular lesions, growth in geriatric population, technological advancement, and a surge in adoption rates of minimally invasive surgeries.
Europe currently holds a significant share in the global carotid artery disease market. According to European Heart Network, each year cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU).
Key Findings of the Study:
- Global carotid artery disease market is projected to reach over 11,621.6 million by 2023 with 4.1% CAGR during the review period of 2018 to 2023
- The Americas accounted for the largest share due to the presence of a huge patient population, rapid development in technology, and the presence of huge opportunities for the development of the market drive the growth of the carotid artery disease market in America.
- The treatment & diagnosis segment by treatment is projected to value 8,899.3 million by 2023.
- Some of the additional players operating in the carotid artery disease market are Johnson & Johnson, MicroPort Scientific Corporation, BIOTRONIK SE & Co. KG, InspireMD, Impulse Dynamics and AstraZeneca PLC.
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