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[At a CAGR of ~7%], Stroke Treatment Market Estimated to Touching USD 4.2 billion by 2027 | Transparency Market Research

03-01-2024 10:52 AM CET | Health & Medicine

Press release from: Transparency Market Research

[At a CAGR of ~7%], Stroke Treatment Market Estimated to Touching

Stroke, often referred to as a "brain attack," occurs when blood flow to a part of the brain is interrupted or reduced, leading to neurological deficits and functional impairment. Ischemic stroke, caused by thrombotic or embolic occlusion of cerebral arteries, and hemorrhagic stroke, resulting from intracerebral or subarachnoid bleeding, represent the two main types of stroke. Treatment of stroke involves rapid assessment, risk stratification, and implementation of evidence-based therapies aimed at restoring blood flow, preserving brain function, and preventing recurrent events.

Stroke Treatment market is estimated to attain a valuation of ~US$ 4.2 billion by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of ~7% during the forecast period, 2019-2027

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The significant players operating in the global Stroke Treatment market are

Bristol-Myers Squibb Company, Sanofi, Johnson & Johnson Services, Inc., Boehringer Ingelheim GmbH, F. Hoffmann-La Roche (Genentech)

Market Dynamics:

Thrombolytic Therapy: Intravenous thrombolysis with tissue plasminogen activator (tPA) remains the gold standard treatment for acute ischemic stroke, with a narrow therapeutic window of up to 4.5 hours from symptom onset. Thrombolytic therapy aims to dissolve blood clots and restore perfusion to ischemic brain tissue, thereby salvaging viable neurons and reducing disability.

Mechanical Thrombectomy: Endovascular thrombectomy, a minimally invasive procedure involving the removal of blood clots from occluded cerebral arteries using stent retrievers or aspiration devices, revolutionized the treatment of acute ischemic stroke. Mechanical thrombectomy significantly improves recanalization rates, functional outcomes, and mortality in eligible patients with large vessel occlusions.

Neuroprotective Agents: Neuroprotective drugs, such as N-methyl-D-aspartate (NMDA) receptor antagonists, free radical scavengers, and calcium channel blockers, target neurotoxic cascades and ischemic brain injury pathways to mitigate neuronal damage and improve neurological recovery in ischemic stroke. However, clinical trials of neuroprotective agents have yielded mixed results, and no neuroprotective therapy has yet demonstrated conclusive efficacy in stroke management.

Rehabilitation Services: Post-stroke rehabilitation programs, including physical therapy, occupational therapy, speech therapy, and cognitive rehabilitation, play a crucial role in optimizing functional recovery, mobility, and quality of life for stroke survivors. Multidisciplinary rehabilitation teams tailor treatment plans to individual patient needs and address physical, cognitive, and psychosocial impairments.

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Future Trends and Opportunities:

Prehospital Stroke Care: Innovations in prehospital stroke care, including mobile stroke units equipped with advanced imaging capabilities and telestroke networks connecting emergency medical services with stroke specialists, enable rapid triage, diagnosis, and treatment initiation in the prehospital setting. Early recognition and triage of stroke symptoms optimize door-to-treatment times and improve outcomes in acute stroke care.

Artificial Intelligence and Imaging Technologies: Artificial intelligence (AI) algorithms, machine learning models, and advanced imaging technologies, such as computed tomography (CT), magnetic resonance imaging (MRI), and perfusion imaging, facilitate rapid diagnosis, treatment selection, and patient selection for acute stroke interventions. AI-driven decision support tools enhance clinical decision-making and optimize resource allocation in stroke management.

Telemedicine and Virtual Rehabilitation: Telemedicine platforms, remote monitoring solutions, and virtual rehabilitation programs expand access to stroke care, facilitate interdisciplinary collaboration, and promote continuity of care across the stroke care continuum. Telestroke consultations, telerehabilitation services, and home-based monitoring tools enhance patient engagement and adherence to post-stroke treatment regimens.

Regenerative Therapies: Emerging regenerative medicine approaches, including stem cell therapy, gene therapy, and neuroregeneration strategies, hold promise for enhancing brain repair and functional recovery in stroke survivors. Preclinical studies and early-phase clinical trials investigate the safety and efficacy of regenerative therapies in promoting neuroplasticity, angiogenesis, and tissue regeneration following stroke.

Market Segmentation -

Type
Ischemic Stroke
Hemorrhagic Stroke

Drug Class
Tissue Plasminogen Activators (tPA)
Anticoagulants
Antiplatelets
Anticonvulsants
Others

Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

This Report lets you identify the opportunities in Stroke Treatment Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Reasons to Buy The Stroke Treatment Market Report: -

1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

2.Reports provide opportunities and threats faced by suppliers in the Stroke Treatment industry around the world.

The report shows regions and sectors with the fastest growth potential.

3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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