Stroke Market to Observe Highest Growth of USD 57,378.84 Million by 2030

A recent market intelligence study by Data Bridge Market Research meticulously examined the Stroke Market. The freshly released report utilizes an attractive format to present crucial information through visually compelling tables, graphs, charts, and figures.

The Stroke market research report provides a detailed overview of the healthcare industry and its impact on the market environment. It delves into current and future market trends and conducts an analysis of how buyers, substitutes, new entrants, competitors, and suppliers influence the market. Serving as a valuable source of guidance, this market report offers statistics on the industry’s current state, aiding companies and investors interested in this market. Additionally, the Stroke business report highlights key players, significant collaborations, mergers, acquisitions, as well as emerging innovations and business strategies.

Industry experts leverage market intelligence to assess strategic options, outline effective action plans, and assist companies in making critical bottom-line decisions, making the Stroke report an invaluable resource. Furthermore, all the statistics, data, facts, and figures presented in this market report are sourced from reliable outlets such as websites, journals, newspapers, mergers, and other authentic sources. The gathered information is meticulously represented throughout the report using appropriate graphs, charts, or tables to enhance user understanding. In the rapidly evolving marketplace, the Stroke market report serves as a reliable solution that businesses can adopt to thrive.

Data Bridge Market Research analyses that the global stroke market which was USD 31,000.00 million in 2022, is expected to reach USD 57,378.84 million by 2030, and is expected to undergo a CAGR of 8.0% during the forecast period 2023-2030. This indicates the market value. “Ischemic” dominates the type segment of the global stroke market owing increasing prevalence of life threatening diseases. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The increased incidence of chronic diseases, rise in geriatric population, rise in lifestyle disorders, increased count of patients suffering from diabetes for stroke are predicted to drive the market growth.  Every year, around 15 million human beings have stroke, out of which six million die and 5 million are left disabled permanently. This is essential as a result of the lack of knowledge and recollecting the stroke caution symptoms and symptoms. According to the American Heart Association/American Stroke Association (AHA/ASA), one in 3 Americans cannot remember the caution symptoms and symptoms of stroke. About 33% to 65% of people affected with intracerebral haemorrhage leads to death. Haemorrhagic stroke Treatment usually involves monitoring and lowering the blood pressure.

Key Growth Drivers:

• Increasing Prevalence of Stroke

Stroke is a leading cause of death and disability worldwide, and its prevalence is on the rise. Factors such as an aging population, sedentary lifestyles, unhealthy diets, and the increasing incidence of risk factors like hypertension and diabetes contribute to the growing number of stroke cases. This drives the demand for stroke treatments and management options.

• Advancements in Treatment Options

Over the years, there have been significant advancements in stroke treatment options, including both acute interventions and post-stroke care. Thrombolytic therapy, endovascular procedures, neuroprotective drugs, and rehabilitation therapies have improved patient outcomes and survival rates. The availability of innovative treatment options fuels the growth of the global stroke market.

• Technological Advancements

Advances in medical technology have played a crucial role in the diagnosis, treatment, and management of stroke. Imaging techniques like computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound have enhanced the accuracy and speed of stroke diagnosis. Additionally, robotics, telemedicine, and digital health solutions have improved stroke rehabilitation and enabled remote monitoring, leading to better patient care and increased market demand.

The report outlines the involvement of key players, including:

Novartis AG (Switzerland), Endo International Inc. (Ireland), Teva Pharmaceutical Industries Ltd (Israel), Glenmark Pharmaceuticals Ltd (India), Cipla Inc (India), Dr Reddy’s Laboratories Ltd (India), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland.), Pfizer Inc (U.S.), Zydus Group (India), Lupin (India), Amorphex Therapeutics Holdings, Inc (U.S.), Bausch Health Companies Inc. (Canada),Cardinal Health (U.S),Genentech, Inc. (U.S.), Medtronic (Ireland), GENERAL ELECTRIC (U.S.), Stryker (U.S.), Merck & Co., Inc. (U.S.), Siemens Healthcare Private Limited (Germany), Hitachi Medical Systems (Japan)

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Key Market Segmentation

Type (Ischemic, Haemorrhagic, Transient Ischemic Attack (TIA), Others), Diagnostic Type (Magnetic Resonance Imaging (MRI), Computed Tomography Scan (CT scan), Cerebral Angiography, Others), Therapeutic Type (Stent Retriever, Surgical Clipping, Embolic Coils, Aspiration Catheters Others), Treatment Type (Anti-Coagulant and Anti-Platelets), End Type (Hospitals, Ambulatory Surgical Centres, Diagnostic Centres, Others), Route of Administration (Oral, Parenteral, Intravenous), Mode of Purchase (Prescription, Retail, Over the Counter)

Recent Developments

• In May 2021, Siemens announced the launch of their new Somatom X. ceed1, a new high-resolution, high-speed CT (computed tomography) scanner which is engineered specifically for the most challenging clinical areas
• In April 2021, Koninklijke Philips N.V. announced its strategic partnership with Ibex Medical Analytics to jointly promote its digital pathology and A.I. solutions to hospitals, health networks, and pathology labs worldwide. This will increase their distribution channel globally

The Stroke market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

1. North America: United States, Canada, and Mexico.
2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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