Industry Background:
The prevalence of heart failures, mental and physical strokes have prevailed drastically across the globe. This will ultimately encourage healthcare institutes to minimize heart failure instances. The global stroke management market will show further growth with respect to the increasing adoption of Magnetic Resonance Imaging [MRI], Computed Tomography Scan [CT Scan], Electrocardiography, Carotid Ultrasound, Cerebral Angiography, and many others. In addition to this, the global population has seen numerously unfavorable and unhealthier habits which will ultimately require the use of heart failure testing tools. Furthermore, increasing government initiatives and reimbursements on intensive R&Ds has further escalated the growth of the stroke management industry.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
Key Companies Profiled | GE Healthcare (United States), Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Shimadzu Corporation (Japan), Hitachi, Ltd. (Japan), Neurologica Corporation (United States), Neusoft Medical Systems Co. Ltd. (China), Shenzhen Anke High-tech Co. (China) and Shanghai United Imaging Healthcare Co. Ltd. (China) |
According to AMA, the market for Stroke Management is expected to register a CAGR of 7.03% during the forecast period to 2027. This growth is primarily driven by Growth of Research and Developments in Tackling Critical Heart Diseases and Rising Prevalence of Cardio-Vascular Diseases across the Globe.
Globally, a noticeable market trend is evident Growing Affordability of Cardio Vascular Treatments and Increasing Disposable Incomes
The Health Care Technology sector in the North Amercia region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as GE Healthcare (United States), Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Shimadzu Corporation (Japan), Hitachi, Ltd. (Japan), Neurologica Corporation (United States), Neusoft Medical Systems Co. Ltd. (China), Shenzhen Anke High-tech Co. (China) and Shanghai United Imaging Healthcare Co. Ltd. (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global Stroke Management market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. Key vendors with a prominent share in the global market are concentrating on escalating their client base the world. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Key vendors operating in the global market are also acquiring start-ups.
On February 7th, 2019, the global cardiac monitoring devices provider Medotronic Inc. has received U.S. Food and Drug Administration (FDA) approval on an expanded indication for its Pipeline(TM) Flex embolization device.1Previously indicated for the endovascular treatment of adults with large or giant wide-necked intracranial aneurysms (IAs) in the internal carotid artery from the petrous to the superior hypophyseal segments, the new indication opens options for patients with small or medium, wide-necked brain aneurysms in the territory from the petrous to the terminus of the internal carotid artery.
Influencing Trend:
Growing Affordability of Cardio Vascular Treatments and Increasing Disposable Incomes and Introduction to Highly Efficient Cardiac Biomarkers and Minimally Invasive Stroke Management Tools
Market Growth Drivers:
Growth of Research and Developments in Tackling Critical Heart Diseases and Rising Prevalence of Cardio-Vascular Diseases across the Globe
Challenges:
Operational Complexities and the Dearth of Skilled Researchers and Need to improve the devices’ clinician interface threatened continuous growth and profitability
Restraints:
Technological Hindrance with Respect to Collection and Storage of Samples and Stringent Government Regulations on Approval and Use of Medical Devices
Opportunities:
Increasing R&D Infrastructure in Healthcare across the Developing Nations and Rising Consumer Eagerness towards Healthcare Expenditure
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Stroke Management Market
- Analysis about New Entrants in Stroke Management Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Stroke Management Study Sheds Light on
The Stroke Management Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Stroke Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Stroke Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.