PUBLISHER: Mellalta Meets LLP | PRODUCT CODE: 1307858
PUBLISHER: Mellalta Meets LLP | PRODUCT CODE: 1307858
The Carotid Artery Disease (CAD) market is undergoing substantial growth and transformation, driven by the increasing prevalence of CAD and the need for more effective and convenient treatment options. With the projected rise in prevalent cases and market size, as well as the introduction of innovative therapies, the CAD market presents lucrative opportunities for pharmaceutical companies and healthcare providers. In terms of geographical distribution, the G7 countries-United States, European five countries, and Japan-currently dominate the CAD therapy market. By 2033, the market size in these countries will significantly increase from USD 2.4 billion in 2019, with a steady CAGR. In 2019, the United States held the largest market share at USD 1.9 billion, followed by the European five countries at USD 0.3 billion and Japan at USD 0.15 billion. With the advent of new therapies, the overall market is expected to expand by 2033.
"Personally speaking, I think that it is absolutely essential that we identify criteria for defining patients who are at high risk for stroke with an asymptomatic carotid stenosis in whom we should target CEA or CAS. In the US, over 90% of carotid interventions are performed in asymptomatic patients (120,000 per year). However, if we assume that the 1995 ACAS (Asymptomatic Carotid Atherosclerosis Study) data still have any relevance in 2013 (although it probably does not), 95% of all carotid interventions in asymptomatic patients are ultimately unnecessary. Even if the procedural risk of CEA and CAS could be reduced to zero, 93% of all interventions would still be unnecessary."
Carotid stenosis/ carotid artery disease (CAD) is caused by a buildup of plaque (atherosclerosis) inside the artery wall that reduces blood flow to the brain. Older people are more likely to be affected by carotid stenosis. Before age 75, men are more at risk than women. A person who has high cholesterol, has high blood pressure, and smokes is eight times more likely to develop atherosclerosis than a person without these risk factors. Carotid artery disease develops slowly. If it increases to the point that a carotid artery is blocked, or blood flow is otherwise seriously reduced, a stroke can occur.
The primary goal in treating carotid artery disease is to prevent stroke. The choice of treatment depends on the degree of blockage in the carotid arteries, whether the blockage is causing symptoms, and the age and overall health of the individual. For those with mild to moderate blockage, lifestyle changes to slow the accumulation of fatty deposits and medications to control blood pressure or lower cholesterol are often recommended. In cases of severe blockage or for individuals who have experienced a Transient Ischemic Attack (TIA) or stroke, removal of the blockage might be necessary. The most common procedures are Carotid Endarterectomy (CEA) and Carotid Angioplasty and Stenting (CAS). Many patients with asymptomatic CAD do not receive any medical treatment.
The total prevalent cases of Carotid Artery Disease (CAD) in the G7 countries are projected to increase from 11.45 million in 2019 to 2033 with a CAGR of 0.6% for the study period (2019-2033 ). According to estimates, the United States accounted for the highest incidence of Carotid Artery Disease (CAD) cases during the study period. Among the EU5, Germany had the highest cases of Carotid Artery Disease (CAD), followed by UK, France, Italy, and Spain. Japan is reported to have the highest number of cases after the United States.
Procedural Insights Carotid endarterectomy (CEA) and carotid artery stenting (CAS) are well-established treatments for CAD. However, their usage varies by region, with CEA being the preferred option in most areas due to its longer track record and proven efficacy. The introduction of newer procedures like Transcarotid Artery Revascularization (TCAR) has added to the treatment landscape, although its adoption is currently limited. Based on insights from Key Opinion Leaders (KOLs), diagnosis and treatment rates are expected to improve with increased awareness and access to better diagnostic tools and treatment options.
The G7 therapeutic market for Carotid Artery Disease (CAD) is on a trajectory of significant growth from 2019 to 2033. Driven by an increase in the application and enhancement of existing treatment methods such as Carotid Endarterectomy (CEA), Carotid Artery Stenting (CAS), and Transcarotid Artery Revascularization (TCAR) and the launch of new products, this market is expected to expand from USD 2.4 billion in 2019. Emerging devices are expected to be launched in the Carotid Artery Disease CAS and TCAR space and will contribute to the increase in devices market share in the CAS and TCAR setting. Specifically, Inspire MD is introducing their second-generation devices for CAS, the CGuard Prime, and for TCAR, the Short Shaft CGuard, which are expected to further contribute to the overall market's growth.
The use of procedures like Carotid Endarterectomy (CEA), Carotid Artery Stenting (CAS), and Transcarotid Artery Revascularization (TCAR) to treat Carotid Artery Disease (CAD) is expected to increase significantly in the coming years. The reasons for this growth include an aging population, which leads to a higher prevalence of CAD, technological advances that make these procedures safer and more efficient, improved patient outcomes due to better procedural techniques and patient selection, higher healthcare expenditure by nations, and greater awareness leading to early detection of CAD.
The CAD market is further split by devices/procedures, with the Carotid Endarterectomy (CEA), Carotid Artery Stenting (CAS), and Transcarotid Artery Revascularization (TCAR) markets expected to experience significant growth by 2033, reflecting substantial market expansion.