Stroke Treatment Market was valued at ~US$ 8 Bn in 2030

Oral Anticoagulants Help Minimize Risks of Internal Bleeding in Stroke Patients

Healthcare providers are recommending the consumption of non-vitamin K oral anticoagulants over commercially available medications such as Warfarin to reduce the incidence of atrial fibrillation in the stroke treatment market space. These efficacious oral anticoagulants are increasingly catching the attention of consumers and healthcare providers, as they effectively minimize the formation of clots in the blood. This is validated, as the revenue of anticoagulants amongst all drugs in the stroke treatment market is projected to hold the second-highest position, with a value of ~US$ 4.2 billion by 2027.

Get the sample copy of report@ https://qyresearchmedical.com/sample/111923

Oral anticoagulants are serving the convenience of stroke patients, as they can regularize any potential symptoms in home care settings. Thus, new oral anticoagulants are creating incremental opportunities for hospital, retail, and online pharmacies, as users can request for bulk orders at any given time. Healthcare companies in the stroke treatment market are developing improved formulations that make anticoagulants safer and help in reducing the risk of internal bleeding.

Lucrative Opportunities in U.S. Catalyze Market Growth

Healthcare companies in the stroke treatment market should increase their focus on drug development in the U.S. Favorable guidelines by health commissions and the well-established healthcare infrastructure of the U.S. are gaining the worldwide attention of stakeholders in the stroke treatment market.

Overall, North America is anticipated to maintain its lead in terms of market share and revenue during the forecast period, with a projected value of ~US$ 6.9 billion by 2027, in the stroke treatment market. Developments in the North American healthcare landscape are creating a ripple effect in the stroke treatment landscape of the U.S.

The introduction of new guidelines by health commissions in the U.S. involves speeding up the procedure of providing thrombolytic therapy to patients suffering from acute ischemic stroke. These guidelines are increasing the convenience of patients, and healthcare providers are gaining credibility in the global stroke treatment market scenario. Healthcare providers in the U.S are aiming to increase speed targets every year. Also, patients are being provided intravenous tissue plasminogen activator (tPA) drugs within minutes of their hospital arrival.

tPA Drugs Reduce Ischemia Injuries and Improve Neuroplasticity

Tissue plasminogen activator (tPA) drugs accounted for the highest revenue in 2018, with a global value of ~US$ 3.4 billion in the stroke treatment market. Healthcare companies gain monopoly through the sales of tPA drugs, as these are the only therapeutic agents meant to treat patients with acute ischemic stroke that have been approved by health commissions across nations. However, delayed administration of tPA drugs in acute ischemic stroke patients can lead to health complications such as intracranial hemorrhage (ICH), hemorrhagic transformation (HT), and mortality. To overcome this challenge, companies are educating healthcare professionals regarding the administration of tPA drugs within 4.5 hours of a stroke onset. Also, manufacturers are developing new drug agents with improved formulations that help reduce the incidence of ischemia injuries in case of delayed tPA administration.

As such, healthcare companies in the stroke treatment market are increasing the availability of recombinant tissue plasminogen activators (rt-PA) to ease the health complications of acute ischemic stroke patients with their thrombolytic action. Positive clinical trials have compelled healthcare providers to prescribe rt-PA drugs in order to improve neuroplasticity in stroke patients.

Analysts’ Viewpoint

Manufacturers in the stroke treatment market are introducing reversal drug agents that minimize the incidence of life-threatening or uncontrolled bleeding in patients. Healthcare providers recommend the consumption of reversal agents in case oral anticoagulants are insufficient to treat stroke patients. Healthcare providers should increase their focus on non-pharmacological options such as percutaneous left atrial appendage occlusion for patients suffering from atrial fibrillation.

Though the market is expected to grow at a healthy CAGR of ~7%, manufacturers are challenged by the limitation of tPA drugs during delayed administration in patients. Hence, they should develop improved formulations of tPA that are efficacious, even after late administration of the drugs.

To contribute towards improving the quality of life in patients, companies should educate healthcare professionals to encourage patients for keeping a tab on weight management, as obesity leads to health complications such as sleep apnea, hypertension, hyperlipidemia, glucose intolerance, and the like.

Global Stroke Treatment Market: Overview

The global stroke treatment market was valued at ~US$ 8 Bn in 2018.

Projected to grow at a CAGR of ~7% over the forecast period, the global stroke treatment market is expected to reach a value of ~US$ 15 Bn by the year 2027.

Rise in the prevalence of stroke across the world, surge in the elderly patient pool, and rapid rise in comorbidities such as atrial fibrillation, diabetes, and hypertension leading to high risk of developing stroke are anticipated to drive the global stroke treatment market during the forecast period.

View full report@ https://qyresearchmedical.com/report/stroke-treatment-market-type-ischemic-stroke-and-hemorrhagic-stroke-drug-class-tissue-plasminogen-activators-tpa-anticoagulants-antiplatelets-anticonvulsants-others-distribution-channel-hospital-pharmaci-019-2030/111923

North America is the leading regional market in the global stroke treatment market, and will continue to have a major share throughout the forecast period of 2019 to 2027.

The stroke treatment market in Asia Pacific is expected to expand at a high CAGR of ~8% during the forecast period.

Global Stroke Treatment Market: Key Segments

In terms of type, the global stroke treatment market has been classified into ischemic stroke and hemorrhagic stroke. The ischemic stroke segment held a major share of the market in 2018, and the trend is anticipated to continue during the forecast period.

Based on drug class, the global market has been segmented into tissue plasminogen activators (tPA), anticoagulants, antiplatelets, anticonvulsants, and others. The tissue plasminogen activators (tPA) segment accounted for a majority of the market share in 2018.

In terms of distribution channel, the global stroke treatment market has been categorized into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment held a major share of the global market in 2018, and this trend is expected to continue of the period of forecast.

The market value and forecasts for each of these segments have been provided from 2017 to 2027. The CAGRs of respective segments have also been provided from 2019 to 2027, considering 2018 as the base year.

Global Stroke Treatment Market: Regional Outlook

In terms of region, the global stroke treatment market has been segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is projected to account for a leading share of the global market during the forecast period, owing to increase in the number of patients suffering from stroke.

For instance, according to the American Stroke Foundation, around 795,000 people experience a new or recurrent stroke each year in the U.S., which is anticipated to boost the stroke treatment market.

Favorable funding by governments and charitable trusts for stroke research, prevention, and treatment in the country is likely to drive the market in North America.

The stroke treatment market in Asia Pacific is projected to grow at a rapid pace in the next few years. India and China are anticipated to be lucrative markets for stroke treatment during the forecast period, owing to the high prevalence of cerebrovascular diseases, unhealthy lifestyle choices such as smoking, poor diets, and high incidence of diabetes and hypertension, which fuel the risk of developing a stroke.

Strategic Collaborations and Innovative Product Launches to Strengthen Market Position

In August 2017, Sanofi received FDA approval for PLAVIX (clopidogrel bisulfate), an antiplatelet medication used to reduce the risk of heart disease and stroke.

In December 2017, Bristol-Myers Squibb Company and Pfizer Alliance, along with the National Stroke Association and iHeartMedia, launched ‘Tune in to AFib, Take Note of Stroke Risk’. This initiative aims to educate and create awareness among people living with atrial fibrillation (AFib) about the increased risk of stroke.

In April 2016, Bristol-Myers Squibb Company entered into a collaboration with Janssen Pharmaceuticals, Inc. to develop and commercialize BMS-986177, a Factor XIa (FXIa) inhibitor. It is an anticoagulant drug indicated for the prevention and treatment of thrombotic events.

Emerging Economies to be Highly Lucrative Markets for Stroke Treatment

Emerging economies such as India and China offer significant opportunities in the stroke treatment market.

Rise in the prevalence and incidence of stroke in developing countries such as India and China, affecting large the elderly patient pool, offers significant opportunity to market players to exploit these untapped regions.

Purchase Complete Report Now@ https://qyresearchmedical.com/report/checkout/111923/2900

Patients suffering from atrial fibrillation are at high risk of developing stroke. All these factors will provide significant opportunities to regional players in the market in the near future.

Global Stroke Treatment Market: Key Companies

Key players in the global stroke treatment market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies

Major companies profiled in the global market report are

  • Bristol-Myers Squibb Company,
  • Sanofi,
  • Johnson & Johnson Services, Inc.
  • Boehringer Ingelheim GmbH
  • F. Hoffmann-La Roche (Genentech)
  • Daiichi Sankyo Company, Limited
  • Amgen Inc., AstraZeneca
  • Biogen Inc.

Key Questions Answered in Global Stroke Treatment Market Report

  • What are the major drivers, restraints, and opportunities in the market?
  • What are the revenue share projections of key segments of the global market for the forecast period?
  • Which segment is likely to lead the market in terms of revenue by 2027?
  • How are alliances & partnerships among players widening the scope for stroke treatment?
  • What is the market position of different companies operating in the global market?

Global Stroke Treatment 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

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface 

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Stroke Treatment Market

4. Market Overview

4.1. Introduction

4.2. Overview

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Global Stroke Treatment Market Analysis and Forecast, 2017–2030

4.4.1. Market Revenue Projections (US$ Mn)

5. Market Outlook

5.1. Key Industry Developments

5.2. Pipeline Analysis

5.3. Epidemiology Analysis

6. Global Stroke Treatment Market Value and Forecast, by Type 

6.1. Introduction & Definition

6.2. Global Stroke Treatment Market Value Forecast, by Type, 2017–2030

6.2.1. Ischemic Stroke

6.2.2. Hemorrhagic Stroke

6.3. Global Stroke Treatment Market Attractiveness, by Type

7. Global Stroke Treatment Market Value and Forecast, by Drug Class 

7.1. Introduction & Definition

7.2. Global Stroke Treatment Market Value Forecast, by Drug Class, 2017–2030

7.2.1. Tissue Plasminogen Activator (tPA)

7.2.2. Anticoagulants

7.2.3. Antiplatelets

7.2.4. Anticonvulsants

7.2.5. Others

7.3. Global Stroke Treatment Market Attractiveness, by Drug Class

8. Global Stroke Treatment Market Value and Forecast, by Distribution Channel

8.1. Introduction

8.2. Global Stroke Treatment Market Value Forecast, by Distribution Channel, 2017–2030

8.2.1. Hospital Pharmacies

8.2.2. Retail Pharmacies

8.2.3. Online Pharmacies

8.3. Global Stroke Treatment Market Attractiveness, by Distribution Channel

9. Global Stroke Treatment Market Value and Forecast, by Region

9.1. Introduction

9.2. Stroke Treatment Market Value Forecast, by Region, 2017–2030

9.2.1. North America

9.2.2. Europe

9.2.3. Asia Pacific

9.2.4. Latin America

9.2.5. Middle East & Africa

9.3. Global Stroke treatment Market Attractiveness, by Region

10. North America Stroke Treatment Market Analysis and Forecast 

…….

Purchase Complete Report Now@ https://qyresearchmedical.com/report/checkout/111923/2900

You can place an order or ask any questions, please feel free to contact sales@qyresearchmedical.com | +1 9197 992 333

About Us

QYResearch Medical, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base & seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of healthcare services, medical technology & devices, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).

QYResearch Medical has more than 4000 global well-known customers, covering more than 30 industries including pharmaceuticals, medical technology & devices, healthcare services etc. Company services cover one-stop solution as Data-Analysis-Suggestion-Consulting Implementation. Research regions cover China, US, EU, Asia, Middle East and Africa, South America, Australia, and other regions in the world.

For Latest Update Follow Us:

https://www.linkedin.com/company/qyresearch-medical/

https://www.facebook.com/QYResearch-Medical-108186514228917/

https://twitter.com/qyresearchmedi