About Ischemic stroke
An ischemic stroke occurs when a blood clot, known as a thrombus, blocks or plugs an artery leading to the brain. A blood clot often forms in arteries damaged by a buildup of plaques, known as atherosclerosis. It can occur in the carotid artery of the neck as well as other arteries. The rising prevalence of stroke cases worldwide is a major driver of the ischemic stroke market. Factors such as an aging population, sedentary lifestyles, high blood pressure, diabetes, and obesity increase the incidence of stroke, leading to a higher demand for diagnosis and treatment options.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Ischemic stroke market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Ischemic stroke Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Ischemic stroke market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bristol Myers Squibb Co. (United States), Roche Holdings AG (Switzerland), Boehringer Ingelheim (Germany), Bayer AG (Germany), Pfizer Inc. (United States), AstraZeneca (United Kingdom), Siemens Healthcare (Germany), Sanofi Plc. (France), Medtronic (Ireland), Boston Scientific (United States), Athersys Inc. (United States) and Bolden Therapeutics (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Astrocyte Pharmaceuticals (United States), NeuExcell Therapeutics (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Ischemic stroke market by and Region.
On the basis of geography, the market of Ischemic stroke has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Surgery Type, the sub-segment i.e. Carotid Endarterectomy will boost the Ischemic stroke market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Tissue Plasminogen Activator will boost the Ischemic stroke market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis, the sub-segment i.e. CT will boost the Ischemic stroke market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospital & Clinics will boost the Ischemic stroke market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing focus on neuroprotective strategies and regenerative therapies for improved stroke recovery.
Market Growth Drivers:
The increasing incidence of chronic diseases. and Increasing incidence of ischemic stroke cases particularly in aging population.
Challenges:
Complications associated with treatments.
Restraints:
High cost associated with advanced imaging techniques and specialized treatments. and Limited accessibility to stroke centre and specialized stroke care.
Opportunities:
Integration of artificial intelligence and machine learning in stroke diagnosis. and Development of innovative therapies, including thrombolytic agent.
Market Leaders and their expansionary development strategies
In May 2021, Biogen Inc. and TMS Co., Ltd. announced that Biogen acquired TMS-007, an investigational drug for acute ischemic stroke, from TMS. Biogen’s decision to acquire TMS-007 was based on positive data from a Phase 2a study. The study met its primary safety objective with no incidence of symptomatic intracranial haemorrhage (sICH) and demonstrated positive impacts on both blood vessel reopening in the brain as well as patient functional recovery.
In October 2020, Cerenovus, part of Johnson & Johnson Medical Devices Companies, has announced the European launch of Cerenovus Nimbus designed to remove tough clots for successful revascularisation in patients with acute ischemic stroke caused by a large vessel occlusion.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.