×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Carotid Artery Disease Market

ID: MRFR/MED/4840-CR
157 Pages
Kinjoll Dey
July 2019

Carotid Artery Disease Market Research Report Information by Diagnosis & Treatment (Carotid Artery Disease and Antihypertensive Drugs), End User (Hospital & Clinics, Ambulatory Surgical Centers and Pharmacies) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Carotid Artery Disease Market Infographic
Purchase Options

Carotid Artery Disease Market Summary

As per MRFR analysis, the Carotid Artery Disease Market Size was estimated at 12.47 USD Billion in 2024. The Carotid Artery Disease industry is projected to grow from 13.06 USD Billion in 2025 to 20.77 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.75 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Carotid Artery Disease Market is experiencing notable growth driven by technological advancements and increasing awareness.

  • Technological advancements in treatment are reshaping the Carotid Artery Disease Market, particularly in North America.
  • The Asia-Pacific region is emerging as the fastest-growing market, driven by rising healthcare expenditure and awareness.
  • Surgery remains the largest segment, while medication is witnessing rapid growth due to evolving treatment paradigms.
  • Key market drivers include the aging population and advancements in medical technology, which are significantly influencing market dynamics.

Market Size & Forecast

2024 Market Size 12.47 (USD Billion)
2035 Market Size 20.77 (USD Billion)
CAGR (2025 - 2035) 4.75%

Major Players

Medtronic (US), Abbott Laboratories (US), Boston Scientific (US), Johnson & Johnson (US), B. Braun Melsungen AG (DE), Terumo Corporation (JP), Stryker Corporation (US), Cook Medical (US), Cardinal Health (US)

Carotid Artery Disease Market Trends

The Carotid Artery Disease Market is currently experiencing notable transformations driven by advancements in medical technology and an increasing awareness of cardiovascular health. As healthcare systems globally prioritize preventive measures, there is a growing emphasis on early detection and management of carotid artery disease. This shift is likely to enhance patient outcomes and reduce the burden of stroke, which remains a leading cause of morbidity and mortality. Furthermore, the integration of telemedicine and digital health solutions appears to facilitate remote monitoring and consultations, thereby improving access to care for patients in underserved regions. In addition, the demographic trends indicate an aging population, which may contribute to a higher prevalence of carotid artery disease. As individuals age, the risk factors associated with this condition, such as hypertension and diabetes, become more pronounced. Consequently, healthcare providers are adapting their strategies to address these challenges, potentially leading to an increase in the demand for innovative treatment options. Overall, the Carotid Artery Disease Market seems poised for growth, driven by technological advancements and a proactive approach to cardiovascular health management.

Technological Advancements in Treatment

The Carotid Artery Disease Market is witnessing a surge in innovative treatment modalities, including minimally invasive surgical techniques and advanced stenting options. These developments may enhance patient recovery times and reduce complications, thereby making interventions more appealing to both patients and healthcare providers.

Increased Focus on Preventive Care

There is a growing trend towards preventive care in the Carotid Artery Disease Market, with healthcare systems emphasizing early detection and lifestyle modifications. This proactive approach could lead to a decline in severe cases, as patients are encouraged to adopt healthier habits and undergo regular screenings.

Rising Awareness and Education

Public awareness campaigns regarding cardiovascular health are becoming more prevalent, which may contribute to increased screening and diagnosis of carotid artery disease. Educational initiatives appear to empower patients, enabling them to recognize symptoms and seek timely medical intervention.

Carotid Artery Disease Market Drivers

Rising Healthcare Expenditure

Rising healthcare expenditure is a significant factor influencing the Carotid Artery Disease Market. As countries allocate more resources to healthcare, there is a corresponding increase in funding for cardiovascular disease management, including carotid artery disease. This trend is evident in various regions, where healthcare budgets are expanding to accommodate advanced diagnostic tools and treatment options. For example, investments in public health initiatives aimed at reducing the incidence of cardiovascular diseases are becoming more prevalent. Consequently, this increased financial commitment is likely to enhance access to care and improve treatment outcomes for patients suffering from carotid artery disease, thereby driving growth in the Carotid Artery Disease Market.

Regulatory Support and Guidelines

Regulatory support and updated clinical guidelines are playing a pivotal role in shaping the Carotid Artery Disease Market. Health authorities are increasingly recognizing the importance of standardized treatment protocols for carotid artery disease, which may enhance patient outcomes and streamline care delivery. Recent guidelines emphasize the need for timely intervention and the use of evidence-based practices in managing carotid artery disease. This regulatory framework is likely to encourage healthcare providers to adopt best practices, thereby improving the quality of care. As a result, the Carotid Artery Disease Market may experience growth driven by the implementation of these guidelines, which could lead to increased utilization of diagnostic and therapeutic services.

Advancements in Medical Technology

Technological advancements in medical devices and treatment methodologies are transforming the Carotid Artery Disease Market. Innovations such as minimally invasive surgical techniques, advanced imaging technologies, and improved stenting procedures are enhancing patient outcomes and expanding treatment options. For instance, the introduction of carotid artery stenting has emerged as a less invasive alternative to traditional carotid endarterectomy, appealing to a broader patient population. Market data suggests that the adoption of these technologies is expected to grow, driven by their effectiveness and reduced recovery times. As healthcare providers increasingly embrace these advancements, the Carotid Artery Disease Market is likely to witness a surge in demand for cutting-edge solutions that improve patient care and streamline treatment processes.

Aging Population and Increased Incidence

The aging population appears to be a primary driver of the Carotid Artery Disease Market. As individuals age, the risk of developing cardiovascular diseases, including carotid artery disease, increases significantly. Data indicates that the prevalence of carotid artery disease is notably higher in older adults, with estimates suggesting that nearly 20% of individuals over the age of 65 may be affected. This demographic shift is likely to lead to a higher demand for diagnostic and therapeutic interventions within the Carotid Artery Disease Market, as healthcare systems adapt to manage the growing burden of this condition. Furthermore, the increasing life expectancy in many regions may exacerbate this trend, necessitating enhanced healthcare resources and innovative treatment options.

Growing Awareness of Cardiovascular Health

Growing awareness of cardiovascular health is emerging as a crucial driver for the Carotid Artery Disease Market. Public health campaigns and educational initiatives are increasingly focusing on the importance of early detection and management of cardiovascular diseases, including carotid artery disease. This heightened awareness is likely to lead to more individuals seeking medical advice and undergoing screening procedures. Data indicates that early intervention can significantly reduce the risk of severe complications associated with carotid artery disease, such as stroke. As awareness continues to rise, the demand for diagnostic services and treatment options within the Carotid Artery Disease Market is expected to increase, fostering a proactive approach to cardiovascular health.

Regional Insights

North America : Leading Innovation and Treatment

North America is the largest market for Carotid Artery Disease Market treatments, holding approximately 45% of the global market share. The region's growth is driven by advanced healthcare infrastructure, increasing prevalence of cardiovascular diseases, and supportive regulatory frameworks. The demand for minimally invasive procedures is also rising, further propelling market expansion. Regulatory bodies like the FDA are actively promoting innovations in medical devices, enhancing patient access to cutting-edge treatments. The United States is the primary contributor to this market, with key players such as Medtronic, Abbott Laboratories, and Boston Scientific leading the competitive landscape. The presence of these major companies fosters innovation and competition, ensuring a steady supply of advanced treatment options. Canada also plays a significant role, contributing to the overall market growth with its robust healthcare system and increasing awareness of carotid artery disease.

Europe : Emerging Regulatory Frameworks

Europe is the second-largest market for Carotid Artery Disease Market, accounting for approximately 30% of the global market share. The region's growth is fueled by an aging population, rising healthcare expenditure, and advancements in medical technology. Regulatory bodies are increasingly focusing on improving patient outcomes through stringent guidelines and approvals for innovative treatments. The European Medicines Agency (EMA) is actively involved in ensuring the safety and efficacy of new medical devices, which is crucial for market growth. Leading countries in this region include Germany, France, and the UK, where significant investments in healthcare infrastructure are being made. Major players like B. Braun Melsungen AG and Terumo Corporation are enhancing their market presence through strategic partnerships and product innovations. The competitive landscape is characterized by a mix of established companies and emerging startups, all striving to meet the growing demand for effective carotid artery disease treatments.

Asia-Pacific : Rapidly Growing Healthcare Sector

Asia-Pacific is witnessing rapid growth in the Carotid Artery Disease Market, driven by increasing healthcare investments and a rising prevalence of cardiovascular diseases. The region holds approximately 20% of the global market share, with countries like Japan and China leading the way. The demand for advanced medical technologies and improved healthcare access is propelling market expansion. Government initiatives aimed at enhancing healthcare infrastructure are also significant growth drivers in this region. Japan is a key player in the market, with established companies like Stryker Corporation and Cook Medical actively participating in the development of innovative treatment options. The competitive landscape is evolving, with local manufacturers emerging to meet the growing demand. Additionally, increasing awareness about carotid artery disease and its treatment options is further contributing to market growth in the Asia-Pacific region, making it a promising area for investment and development.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa region is gradually emerging in the Carotid Artery Disease Market, holding about 5% of the global market share. The growth is primarily driven by increasing healthcare investments, rising awareness of cardiovascular diseases, and improving healthcare infrastructure. Governments in this region are focusing on enhancing healthcare access and quality, which is expected to boost the demand for advanced medical treatments in the coming years. Countries like South Africa and the UAE are leading the way in adopting innovative healthcare solutions. The competitive landscape is characterized by a mix of local and international players, with companies like Cardinal Health expanding their presence. The region presents significant opportunities for growth, especially as healthcare systems continue to evolve and adapt to meet the needs of the population, making it an attractive market for investment.

Carotid Artery Disease Market Regional Image

Key Companies in the Carotid Artery Disease Market market include

Industry Developments

    • Boston Scientific Corporation in July 2018, announced the acquisition of Claret Medical Inc.
    • Stryker Corporation in July 2018, renewed the “Pre-Market Approval” (PMA) from the FDA (Food and Drug Administration) of the United States.

Future Outlook

Carotid Artery Disease Market Future Outlook

The Carotid Artery Disease Market is projected to grow at a 4.75% CAGR from 2024 to 2035, driven by technological advancements, increasing prevalence, and enhanced healthcare access.

New opportunities lie in:

  • Development of AI-driven diagnostic tools for early detection.
  • Expansion of telehealth services for remote patient monitoring.
  • Investment in minimally invasive surgical technologies to improve patient outcomes.

By 2035, the market is expected to achieve substantial growth, reflecting evolving healthcare dynamics.

Market Segmentation

Carotid Artery Disease Market Type Outlook

  • Surgery
  • Medication
  • Diagnosis

Carotid Artery Disease Market End-User Outlook

  • Clinics and Hospitals
  • Pharmacies
  • Ambulatory Surgical Centres

Carotid Artery Disease Market Diagnosis Outlook

  • Duplex Ultrasound
  • Compound Tomography
  • Magnetic Resonance Imaging
  • Others

Carotid Artery Disease Market Medications Outlook

  • Antiplatelet Drugs
  • Cholesterol-Lowering Statins
  • Antihypertensive Drugs

Carotid Artery Disease Market Surgical Procedures Outlook

  • Carotid Artery Angioplasty
  • Carotid Artery Bypass
  • Carotid Endarterectomy

Report Scope

MARKET SIZE 202412.47(USD Billion)
MARKET SIZE 202513.06(USD Billion)
MARKET SIZE 203520.77(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.75% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesAdvancements in minimally invasive procedures enhance treatment options in the Carotid Artery Disease Market.
Key Market DynamicsRising demand for minimally invasive procedures drives innovation and competition in the Carotid Artery Disease market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Kinjoll Dey
Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

Leave a Comment

FAQs

What is the projected market valuation for the Carotid Artery Disease Market in 2035?

The projected market valuation for the Carotid Artery Disease Market in 2035 is 20.77 USD Billion.

What was the overall market valuation for the Carotid Artery Disease Market in 2024?

The overall market valuation for the Carotid Artery Disease Market in 2024 was 12.47 USD Billion.

What is the expected CAGR for the Carotid Artery Disease Market from 2025 to 2035?

The expected CAGR for the Carotid Artery Disease Market during the forecast period 2025 - 2035 is 4.75%.

Which companies are considered key players in the Carotid Artery Disease Market?

Key players in the Carotid Artery Disease Market include Medtronic, Abbott Laboratories, Boston Scientific, and Johnson & Johnson.

What are the projected revenues for surgical procedures in the Carotid Artery Disease Market by 2035?

By 2035, the projected revenues for surgical procedures in the Carotid Artery Disease Market are expected to reach 10.37 USD Billion.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions