The Business Research Company’s report on the Stroke Management Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the stroke management market further?
The increasing incidence of chronic diseases is expected to propel the growth of the stroke management market going forward. Chronic diseases refer to a problem that persists for a year or longer and impedes everyday activities, necessitates continuing medical care, or both. Stroke management assists patients suffering from various chronic diseases, such as cancer and cardiovascular diseases, by providing a timely focus on preventive, care, and support requirements through patient education and empowerment as well as the creation of care delivery models that integrate primary and secondary care. For instance, in August 2022, according to a report published by the American College of Cardiology, a US-based non-profit medical association, in the United States, it is projected that all four major cardiovascular risk factors will increase from 2025 to 2060. Diabetes is expected to see the largest percentage rise, with a 39.3% increase to 55 million individuals, followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Additionally, significant increases in cardiovascular disease rates are anticipated for stroke (33.8% to 15 million) and heart failure (33.4% to 13 million), with ischemic heart disease (30.7% to 29 million) and heart attack (16.9% to 16 million) following closely behind. Therefore, the increasing incidence of chronic diseases is driving the growth of the stroke management market going forward.
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What are the key factors influencing the forecasted market size of the stroke management industry?
The stroke management market size has grown strongly in recent years. It will grow from$40.24 billion in 2024 to $43.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to thrombolytic therapies, stroke prevention initiatives, rehabilitation techniques, telemedicine in stroke care, collaborative stroke networks
The stroke management market size is expected to see strong growth in the next few years. It will grow to “$58.15 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to emergence of neuroprotective therapies, artificial intelligence in stroke diagnosis, personalized medicine approaches, expanding access to acute care, global stroke care standardization. Major trends in the forecast period include advancements in medical imaging technology, telemedicine and remote monitoring, focus on preventive care and risk factor management, neuroprotective therapies and drug innovations, collaboration and multidisciplinary approaches.
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Who are the leading competitors in the stroke management market?
Major companies operating in the stroke management market include GE HealthCare Technologies Inc., Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, B Braun Melsungen AG, Bristol Myers Squibb Co., Cardinal Health Inc., Siemens Healthineers, Merck And Co. Inc., Asahi Intech Co. Ltd., Johnson & Johnson, Penumbra Inc., Teleflex Inc., Stryker Corporation, Biogen Inc., Bayer AG, Philips Healthcare, AstraZeneca Plc., F. Hoffmann-la Roche, Novartis AG, Takeda Pharmaceutical Company Ltd., Sanofi SA, Daiichi Sankyo Company Limited, Boehringer Ingelheim International GmbH, Pfizer Inc.
Which emerging trends are set to transform the stroke management market landscape?
Major companies operating in the stroke management market are focused on developing neurovascular technology to enhance the diagnosis, treatment, and recovery processes for stroke patients. Neurovascular technology encompasses medical devices, techniques, and procedures designed to diagnose, treat, and manage conditions related to the blood vessels of the brain and nervous system. For instance, in October 2022, Medtronic, an Ireland-based manufacturing company that specializes in medical technologies launched a new platform to accelerate innovation in stroke care. This platform integrates advanced imaging and data analytics to improve decision-making, streamline workflows, and enhance patient outcomes during stroke interventions. The new technology aims to provide clinicians with better tools for rapid diagnosis and treatment, enabling timely interventions that can significantly reduce the impact of strokes on patients.
How do different geographies compare in terms of market share and growth potential in the stroke management market?
North America was the largest region in the stroke management market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global stroke management market report during the forecast period. The regions covered in the stroke management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the stroke management market are experiencing the fastest growth?
The stroke management market covered in this report is segmented –
1) By Product Type: Diagnostics, Drug Therapy Products, Interventional Stroke Management Systems
2) By Application: Ischemic Stroke, Hemorrhagic Stroke
3) By End-User: Hospitals, Clinics, Ambulatory Surgery Centers, Diagnostic Centers, Retail Pharmacies, Online Pharmacies, Other End Users
Subsegments:
1) By Diagnostics: Imaging Systems, Diagnostic Software, Blood Tests
2) By Drug Therapy Products: Anticoagulants, Antiplatelet Drugs, Thrombolytic Agents, Antihypertensive Drugs
3) By Interventional Stroke Management Systems: Clot Retrieval Devices, Stent Retrievers, Embolic Protection Devices, Carotid Artery Stenting Systems
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How is the stroke management market defined, and what are its core characteristics?
Stroke management refers to a treatment that occurs when a blood vessel in the brain bursts or when something stops the flow of blood to a specific area of the brain. The brain either ages or suffers harm in both scenarios.
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