Carotid stenting is a medical procedure used to open a narrowed carotid artery in the heart by inserting a small, expandable or non-expandable tube, called a stent, in the artery. The purpose of this procedure is to prevent stroke in the long term. It is an optional procedure used when a patient has more than 60% to 70% narrowing and has a low risk of serious problems from stenting.

Carotid stents are also useful for patients with major heart problems. They feature characteristics that make them safer and more effective, such as visibility under X-ray, scaffolding design, and conformity to the vessel walls.

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The global Balloon-Expandable Stents System market is driven by several factors, including the high prevalence of diseases such as cardiovascular diseases, a large geriatric population with bypass surgery, increased patient awareness programs, surge in research and development initiatives for heart diseases, and the rise in demand for diagnostic imaging devices. Cardiovascular diseases accounted for 17.5 million deaths in 2012, representing 31% of all global deaths. According to the WHO, of the 16 million deaths under the age of 70 due to non-communicable diseases, 37% were caused by cardiovascular diseases in 2016.

The global market for Balloon-Expandable Stents Systems is divided into regions including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America dominates the market due to its advanced infrastructure, patient awareness programs, modern software modalities, and high per capita healthcare expenditure.

Europe holds the second-largest market share for carotid stent systems due to supportive government policies, high incidence of cardiac diseases, and population awareness. The Asia Pacific market is projected to grow at a higher CAGR due to the increase in the geriatric population, rising cases of ischemic heart disease, changing lifestyles, greater patient awareness about cardiovascular diseases, and a surge in per capita healthcare expenditure.

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The Balloon-Expandable Stents System market is highly competitive, with leading manufacturers such as L. Gore & Associates, Terumo Corporation, Boston Scientific Corporation, Abbott, InspireMD, Medtronic, Cordis (Cardinal Health), Cook Medical, CeloNova BioSciences, Inc., and MicroPort Scientific Corporation. The report provides a significant dissection of the market, identifying market footprints of manufacturers by observing their global revenue, global presence, and sales during the 2017 to 2027 forecast period.

The outbreak of COVID-19 has had a significant impact on many aspects of business and everyday life, including flight cancellations, travel bans and quarantines, restaurants closure, all indoor events restricted, over forty countries declaring state of emergency, massive interruption of the supply chain, stock market volatility, falling business confidence, growing panic among the population, and uncertainty about the future. The global impacts of the coronavirus disease 2019 (COVID-19) are starting to be registered, and these will significantly affect the carotid stent system market over the forecast period.

The report also provides a detailed overview of the parent market, changing carotid stent system market dynamics, in-depth carotid stent system market segmentation, historical, present, and projected carotid stent system market size in terms of volume and value, recent carotid stent system market trends and developments, competitive landscape, strategies of key players and products offered, segments, sub-segments, and geographical regions exhibiting promising growth, and a neutral perspective on carotid stent system market performance.

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