The stroke management market is a rapidly growing sector of the healthcare industry, driven by increasing prevalence of strokes, advancements in technology and treatments, and a growing aging population. Stroke is a serious medical condition that occurs when blood flow to the brain is interrupted, which can result in permanent brain damage or death. The rise in elderly population and the frequency of chronic disorders like diabetes, hypertension, and hyperlipidemia, as well as technical developments in stroke detection and treatment, are driving the growth of the stroke management market. However, the market expansion is being hampered by the lengthy drug approval process and the high cost of the procedures used in stroke treatment and diagnostics.

The stroke management market includes various products and services used to diagnose, treat, and prevent strokes. This includes diagnostic imaging systems, clot retrieval devices, blood flow diverters, and drugs used to dissolve blood clots.The stroke management market was estimated at US$ 32.9 billion in 2021 and is expected to grow at a CAGR of 7.01% during 2022-2028 to reach US$ ~56.40 billion in 2028.

The stroke management market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Due to the rising incidence of cardiac illnesses, North America held the biggest revenue share in the global market for stroke management in 2021. According to the Centers for Disease Control and Prevention, stroke affects more than 795,000 Americans annually. Additional risk factors for stroke include the rising prevalence of obesity, a changing lifestyle, and poor dietary practises. High spending capacity and increased R&D will also have a good effect on regional growth.

Key Players

The following are the major players in the stroke management market:

• Abbott
• B Braun Melsungen AG
• Boston Scientific Corporation
• Bristol Myers Squibb Co.
• Cardinal Health Inc.
• General Electric Company
• Glaxosmithkline Plc
• Medtronic Plc
• Merck and Co. Inc.
• Siemens AG

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.