Global Stroke Management Market
Healthcare Services

Stroke Management Market Size, Share, And Growth Rate Analysis 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s stroke management market report forecasts the stroke management market size to grow to $49.10 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Stroke Management Market Report 2023 – https://www.thebusinessresearchcompany.com/report/stroke-management-global-market-report

Stroke Management Market Size Forecast
The global stroke management market is expected to grow from $34.03 billion in 2022 to $36.94 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stroke management market size is expected to reach $49.10 billion in 2027 at a CAGR of 7.4%.

North America held the largest stroke management market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Stroke Management Market Driver ­– Increase In The Incidence Of Chronic Diseases
According to the National Library of Medicine, a US-based biomedical library, in January 2023, there would be 142.66 million persons aged 50 and older who have at least one chronic condition, up from 71.522 million in 2020, a 99.5% increase. As a result, the rising prevalence of chronic disorders is propelling the stroke management market ahead.

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Key Stroke Management Market Trend – Technological Advancement
Companies in the stroke management market are embracing new technology in order to maintain their market position. For example, Brainomix, a UK-based medical software company, will debut e-stroke suite 10.0 technology in September 2020. Because of the clot identification from non-contrast CT scans provided by e-Stroke Suite 10.0, clinicians may easily identify stroke patients who are candidates for thrombectomy. The e-stroke suite 10.0 technology is projected to improve stroke therapy and outcomes for patients dramatically.

Stroke Management Market Segment
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

Stroke Management Market Major Players and Strategies
Major players in the stroke management market are GE HealthCare Technologies Inc, Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, B Braun Melsungen AG, Bristol Myers Squibb Co., Cardinal Health Inc., Glaxosmithkline Plc, Siemens AG, Merck And Co. Inc., General Electric Company, Asahi Intech Co. Ltd., Johnson & Johnson, Penumbra Inc, Teleflex Inc., and Merck Sharp & Dohme Corporation.

Johnson & Johnson, a pharmaceutical corporation based in the United States, paid an undisclosed sum to buy Abiomed, Inc in December 2022. Johnson & Johnson increased its MedTech business growth with this acquisition, bringing cutting-edge medical solutions to more people around the world. Abiomed Inc. is a medical device technology firm based in the United States that develops and manufactures stroke management products such as heart pumps.

The Stroke Management Global Market Report 2023 covers regional data on stroke management market size, stroke management market trends and drivers, opportunities, strategies, and stroke management market competitor analysis. The countries covered in the stroke management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Stroke management is a treatment that takes place when a blood artery in the brain bursts or when something prevents blood from flowing to a specific area of the brain. In both cases, the brain either ages or experiences damage.

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