STROKE DIAGNOSTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global stroke diagnostics market is estimated to be valued at USD 3.08 BN in 2024 and is expected to exhibit a CAGR of 8.1% during the forecast period (2024-2031). Stroke diagnostics refer to the medical tests and evaluation methods used to diagnose a stroke in patients. A stroke occurs due to disrupted blood flow to the brain, caused by blood clots or burst blood vessels in the brain. Timely and accurate diagnosis of stroke is critical to appropriately guide treatment decisions and reduce long-term disability. Some common stroke diagnostic tests include brain imaging techniques like computed tomography (CT) scans and magnetic resonance imaging (MRI), blood tests, and physical examinations to assess neurological functions. Advances in imaging technologies have enabled early detection and differentiation between hemorrhagic and ischemic strokes, helping clinicians initiate prompt stroke treatment.

Market Dynamics:

The global stroke diagnostics market is driven by the rising geriatric population which is more prone to cardiovascular diseases and strokes. According to the World Health Organization (WHO), by 2050 over 16% of the world’s population will be over the age of 65 years. Additionally, the increasing awareness about the early diagnosis and treatment of strokes, growing healthcare expenditure, and technological advancements in imaging modalities are fueling the market growth. However, the high cost of innovative diagnostic technologies, shortage of skilled professionals, and lack of awareness in low-income regions are restraining the market size. The development of advanced non-invasive methods to differentiate between hemorrhagic and ischemic strokes within minutes offer lucrative opportunities.

Key Features of the Study:

• This report provides an in-depth analysis of the global stroke diagnostics market, and provides market size (USD BN) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global stroke diagnostics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study includes Siemens Healthineers, GE Healthcare, Philips Healthcare, Canon Medical Systems Corporation, Hitachi Medical Systems, Shimadzu Corporation, Hologic, Medtronic, Fujifilm Medical Systems, Samsung Medison, Konica Minolta Healthcare Americas, CurveBeam, 3D Systems, Varian Medical Systems, Carestream Health, Xoran Technologies, and Planmed Oy
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global stroke diagnostics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global stroke diagnostics market

Market Segmentation

• By Stroke Type:
• • Ischemic Stroke
  • Hemorrhagic Stroke
  • Transient Ischemic Attack
• By Imaging Test Type:
• • Computerized Tomography (CT) Scan
  • Magnetic Resonance Imaging (MRI)
  • Carotid Ultrasound
  • Positron Emission Tomography (PET)
  • Others
• By End User:
• • Diagnostic Laboratories
  • Hospitals
  • Specialty Clinics
  • Academic & Research Institutes
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
• • Siemens Healthineers
  • GE Healthcare
  • Philips Healthcare
  • Canon Medical Systems Corporation
  • Hitachi Medical Systems
  • Shimadzu Corporation
  • Hologic
  • Medtronic
  • Fujifilm Medical Systems
  • Samsung Medison
  • Konica Minolta Healthcare Americas
  • CurveBeam
  • 3D Systems
  • Varian Medical Systems
  • Carestream Health
  • Xoran Technologies
  • Planmed Oy