Stroke Management Market size to exceed $44.5bn by 2025

Stroke Management Market size is set to exceed USD 44.5 billion by 2025; according to a new research report by Global Market Insights.
 

Technological advancements and rising adoption of advanced stroke management devices will drive business growth. Various industry players such as Abbott Laboratories, Boston Scientific Corporation and GE Healthcare among others are focusing their efforts on new product launch and product enhancement. For instance, in March 2019, Boston Scientific Corporation received CE mark for next generation WATCHMAN FLX left atrial appendage closure device. The device is being assessed for its ability to minimize the threat of stroke in patients with non-valvular atrial fibrillation, thereby minimizing the risk of cerebral damage and stroke. Thus, growing burden of stroke in developed as well as developing economies will surge the demand for efficient stroke management during the forthcoming years.

 

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Awareness among population regarding stroke management will positively impact stroke management market growth. Numerous programs initiated by government organizations such as WHO to increase awareness regarding stroke treatment among healthcare providers and patients will favor business growth. For instance, public health action plan by CDC to prevent stroke and heart disease provides a strategy to combat heart failure that demands stroke treatment. However, availability of alternatives for stroke management may hinder industry growth during the forecast period.
 

U.S. Stroke Management Market, By Type, 2018 & 2025 (USD Million)
Stroke Management Market

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Transient ischemic attack segment of stroke management market was valued around USD 440 million in 2018 and will witness significant growth over the coming years. Transient ischemic attack is the most common type of stroke occurring due to cholesterol fatty deposits known as atherosclerosis. Rising prevalence of transient ischemic stroke across the globe will augment the demand for stroke management.
 

Electrocardiography segment held substantial revenue in 2018 and is projected to witness more than 6.5% CAGR over the coming years. Rising prevalence of stroke triggering factors such as arrhythmia, high blood pressure, diabetes and sleep apnea increases the demand for electrocardiography. Additionally, consumption of alcohol, drugs, addiction to smoking is on rise that stimulates stress levels. Abovementioned factors accelerate risk of stroke, thus upsurging the number of ECG’s being performed that will prove beneficial for the segmental growth.
 

Embolic coils segment of stroke management market accounted for around 23% revenue share in 2018 and will witness noteworthy CAGR by 2025. Embolic coils are cost effective and deliver sub-optimal angiographic results. Other benefits offered by embolic coils such as minimal invasion, size and shape flexibility will further favor its adoption in stroke treatment.
 

Hospitals segment accounted for more than USD 11.5 billion revenue in 2018 and will exhibit similar growth trend during the forecast timeline. Rising number of hospital admissions coupled with favorable reimbursement scenario for procedures being performed in hospital settings will foster segmental growth. Furthermore, numerous government initiatives for better infrastructure and well-developed healthcare facilities will accelerate segment growth over the coming years.
 

Browse key industry insights spread across 190 pages with 304 market data tables & 9  figures & charts from the report, “Stroke Management Market Size By Type (Ischemic, Hemorrhagic, Transient Ischemic Attack [TIA]), By Diagnostics (Magnetic Resonance Imaging [MRI], Computed Tomography Scan [CT Scan], Electrocardiography, Carotid Ultrasound, Cerebral Angiography), By Therapeutic Devices (Stent Retriever, Surgical Clipping, Embolic Coils, Flow Diverters, Aspiration Catheters), By End-use (Hospitals, Ambulatory Surgery Centers, Diagnostic Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, Japan, China, India, Australia, Malaysia, Thailand, Indonesia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, UAE), Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/stroke-management-market
 

North America stroke management market accounted for more than 33.5% revenue share in 2018 and is projected to witness momentous growth over the forecast period. Increasing prevalence of chronic diseases in North America is major factor driving regional growth. Awareness among people regarding advanced treatments coupled with increasing healthcare expenditure will upsurge the North America stroke management market growth over the coming years.
 

Abbott Laboratories, Asahi Intecc, B. Braun, GE Healthcare, Integer Holdings, Johnson & Johnson, Penumbra, Claret Medical, Siemens, Medtronic, Silk Road Medical, Teleflex and Kaneka Medix. Various stroke management market players are focusing on new product launch and strategic alliances to maintain their financial stability in the market. For instance, in November 2018, GE Healthcare featured new applications and smart devices built on Edison, a next generation intelligence platform. These applications can be used for hemorrhage and stroke detection to optimize cardiac function assessment. Such strategies will enable GE Healthcare to strengthen its existing product portfolio and capitalize on market opportunities.
 

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Stroke management market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:

Stroke Management Market By Type, 2014-2025 (USD Million)

  • Ischemic
  • Hemorrhagic
  • Transient Ischemic Attack (TIA)
  • Others

Stroke Management Market By Diagnostics, 2014-2025 (USD Million)

  • Magnetic Resonance Imaging (MRI)
  • Computed Tomography Scan (CT scan)
  • Electrocardiography
  • Carotid Ultrasound
  • Cerebral Angiography
  • Others

Stroke Management Market By Therapeutic Devices, 2014-2025 (USD Million)

  • Stent Retriever
  • Surgical Clipping
  • Embolic Coils
  • Flow Diverters
  • Aspiration Catheters
  • Others

Stroke Management Market By End-use, 2014-2025 (USD Million)

  • Hospitals
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Poland
    • Netherlands
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Malaysia
    • Thailand
    • Indonesia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East Asia & Africa
    • South Africa
    • Saudi Arabia
    • Qatar
    • UAE

 

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