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US Stroke Management Market to reach USD 20.87 billion by 2032

US Stroke Management Market Size Study, by Type (Diagnostics, Therapeutics, Software), by Application (Ischemic Stroke, Haemorrhagic Stroke) Forecasts 2022-2032

Product Code: HLSDT-82504159
Publish Date: 10-06-2024
Page: 200

US Stroke Management Market is valued at approximately USD 10.55 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.87% over the forecast period 2024-2032. Care for strokes includes offering thorough treatment to those who have had a stroke, an abrupt blockage in blood flow to the brain. An obstruction in a blood vessel may cause an ischemic stroke, whereas a blood vessel rupturing can result in a hemorrhagic stroke. It is essential to use various medical interventions and therapies to effectively treat a stroke, prevent additional brain damage, reduce disability, and support the recovery process. Treatment plans include immediate actions such as clot-busting drugs or surgery, therapies such as physical therapy, speech therapy, and occupational therapy, medications to prevent future strokes, and lifestyle changes to lower risk factors such as high blood pressure, diabetes, and smoking. The goal of stroke management is to enhance results and the general well-being of individuals who have had a stroke. Major progress in the US Stroke Management Market includes the rise of telemedicine and digital health choices for remote stroke care, the utilization of artificial intelligence and machine learning for prompt detection and personalized treatment, and the emphasis on multidisciplinary stroke groups and comprehensive facilities to enhance coordination and intervention efficacy. These developments showcase innovation, effectiveness, and enhanced results for stroke patients.

Respective important factors are responsible for the expansion of the US Stroke Management Market. Progress in medical technology, such as telemedicine and digital health solutions, plays a vital role in offering remote evaluation and care for stroke patients, ultimately enhancing their access to specialized treatment. The increased utilization of artificial intelligence and machine learning algorithms in stroke care results in improved early detection and customized treatment plans, ultimately resulting in improved patient outcomes. Encouraging stroke teams with diverse skills and comprehensive stroke centres fosters collaboration among healthcare providers, leading to efficient interventions and improved patient outcomes. However, the market encounters specific limitations as well. The difficulties are centred on the regulations for telemedicine and digital health advancements, as well as worries about the privacy and security of data in AI-powered healthcare technologies. Furthermore, the expenses related to implementing advanced stroke management technologies and the requirement for qualified professionals present obstacles to the widespread acceptance and efficient utilization of these innovations in the US Stroke Management Market.

Major market player included in this report are:
Medical Device Business Services, Inc.
Biogen Inc.
Boston Scientific Corporation
Abbott Laboratories
Stryker Corporation
Penumbra Inc
Genentech, Inc.
NeuroLogica Corporation
Cardinal Health, Inc.
Medtronic plc

The detailed segments and sub-segments of the market are explained below:

By Type
Diagnostics
Therapeutics
Software

By Application
Ischemic Stroke
Haemorrhagic Stroke

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. US Stroke Management Market Definition and Research Assumptions
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary
2.1. US Stroke Management Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
2.2.1. By Type
2.2.2. By Application
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion
Chapter 3. US Stroke Management Market Dynamics
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
Chapter 4. US Stroke Management Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. US Stroke Management Market Size & Forecasts by Type 2022-2032
5.1. Diagnostics
5.2. Therapeutics
5.3. Software
Chapter 6. US Stroke Management Market Size & Forecasts by Application 2022-2032
6.1. Ischemic Stroke
6.2. Haemorrhagic Stroke
Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Company 1
7.1.2. Company 2
7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. Medical Device Business Services, Inc.
7.3.1.1. Key Information
7.3.1.2. Overview
7.3.1.3. Financial (Subject to Data Availability)
7.3.1.4. Product Summary
7.3.1.5. Market Strategies
7.3.2. Biogen Inc.
7.3.3. Boston Scientific Corporation
7.3.4. Abbott Laboratories
7.3.5. Stryker Corporation
7.3.6. Penumbra Inc
7.3.7. Genentech, Inc.
7.3.8. NeuroLogica Corporation
7.3.9. Cardinal Health, Inc.
7.3.10. Medtronic plc
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes

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Data Collection:
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Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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