Atherosclerosis is a common cardiovascular disorder that occurs due to the deposition of fat and cholesterol on the walls of arteries, leading to formation of hard structures known as plaques. These structures tend to obstruct blood flow by blocking the arteries and in turn lead to many health problems like hypertension. Occurrence of atherosclerosis is more common with aging. With growing age, plaque accumulation results in narrowing and calcification of the arteries, followed by obstruction in blood flow. This condition results in starvation of tissues for blood and oxygen, causing tissue damage, which is the major cause of heart attacks and stroke.
 
The other reasons for hardening of arteries include regular consumption of high fat diet, lack of exercise, excess alcohol consumption, smoking habits and diabetes. These factors may lead to hardening of arteries even at a younger age. A thrombus is a blood clot formed on the inner lining of blood vessels, deep leg veins being the most common area of formation of these clots. The condition is known as thrombosis. Obstructed blood flow, excess weight, immobility for a long duration and long hospital stays are the major reasons for improper circulation of blood and formation of clots. These clots when break free can move easily from the bloodstream to the lungs, resulting in a condition known as pulmonary embolism.
 
There are many imaging techniques adopted for ensuring proper blood movement through arteries, namely, magnetic resonance arteriography (MRA) which is a special type of MRI scan, CT angiography and arteriograms or angiography. The need for plaque and thrombus management devices is high due to rise in the population diagnosed with these conditions, increased awareness and high acceptance of modern and emerging treatment options. This market can be segmented by device type and geography. Treatment devices can be categorized into thrombectomy devices, atherectomy devices, chronic total occlusion devices and embolic protection devices.
 
The major factors influencing the growth of this market are high incidences of coronary and peripheral heart diseases, technological innovations, continuous product modifications and increased levels of acceptance by physicians. Effectiveness and optimum reach of these devices may mask the growth of the market. Some of the major players in this market are Boston Scientific Corporation, Medtronic, Inc., Abbott Laboratories and Edwards Lifesciences Corporation.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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