Cerebrovascular Diseases Treatment Market Current Status, In-depth Analysis and Forecast Outlook 2031

The global cerebrovascular disease treatment market is expected to grow at a considerable CAGR of 5.9% during the forecast period. The major factors that are augmenting the growth of the cerebrovascular disease treatment market are advancement in technology and increasing prevalence of strokes. Furthermore, expansion and spending on healthcare infrastructure in the emerging economies, favorable medical reimbursements are also estimated to be the major factors that are contributing significantly towards the growth of the market. Above 85.0% of the strokes are of ischemic stroke which makes it most commonly caused due to less blood supply to the brain. In addition to this, several government organizations play an important role in the growth of the market. For instance, in 2016, the Society of Vascular and Interventional Neurology (SVIN) started a health campaign of Mission Thrombectomy 2020 to accelerate the access of stroke treatment globally by doubling the normal rate of treatment by 2020. The stroke diseases require early treatment as it is can be life-threatening due to some delay in treatment.

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However, the lack of awareness among the people, the absence of skilled neurosurgeons and diagnostic centers, and the high cost of cerebrovascular treatment are some of the restraints that can challenge the growth of the market in the forecast period. Conversely, the high growth rate in healthcare infrastructure and the increasing number of research in the field are the opportunities that are expected to fuel the cerebrovascular diseases treatment market.

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The increasing inherited congenital diseases along with the rise in the aging population are also some of the major factors contributing to the growth of the market. Further, unhealthy eating habits lead to high cholesterol which eventually leads to an increase in the risk of stroke as blood flow to the brain can be affected. The market is not fully developed as there are many diagnostic centers and healthcare organizations that do not have resources for the treatment. The high competition can itself motivate the upcoming players to invest in the market and make a considerable profit. Lack of awareness among the people can affect the growth of the market. However, policies and regulations by government and FDA approvals can give rise to the cerebrovascular treatment market.

Market Coverage

  • Segment Covered-

o             Type of Stroke

o             By treatment

o             By End-User

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Cerebrovascular Treatment Market Report Segment

By Type of Stroke

  • Ischemic
  • Haemorrhagic

By Treatment

  • Medication
  • Surgical Procedure

By End-User

  • Hospitals
  • Surgical Clinics
  • Research Institutions

Company Profiles 

  • Abbott Laboratories
  • Amgen Inc.
  • AstraZeneca plc
  • Bayer AG
  • Boehringer Ingelheim International GmbH
  • Bristol-Myers Squibb Co.
  • Daiichi Sankyo Co. Ltd.
  • Hoffmann-La Roche Ltd.
  • Genentech, Inc.
  • Johnson & Johnson Services, Inc.
  • Medtronic plc
  • Merck & Co., Inc.
  • Penumbra, Inc.
  • Pfizer Inc.
  • Sangamo Therapeutics, Inc.
  • Sanofi SA
  • Siemens Healthineers AG
  • Sihuan Pharmaceutical Holdings Group Ltd.

 

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