TELESTROKE SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global telestroke services market is estimated to be valued at USD 1.72 Bn in 2024 and is expected to exhibit a CAGR of 15.5% during the forecast period (2024-2031). The increasing prevalence of strokes across the globe has led to a rise in the demand for telestroke services. Telestroke uses real-time audio and video technology to connect stroke specialists and patients in remote or underserved locations to provide timely care. It enables neurologists to evaluate patients, determine the type of stroke, recommend treatment options, and deliver acute therapies over the telehealth infrastructure. This has helped bridge the gap in access to quality stroke care, especially in rural areas where the availability of neurology expertise is limited. Telestroke consultation aids in the expedited diagnosis and management of stroke patients, reducing the time to treatment and improving clinical outcomes.

Market Dynamics:

The global telestroke services market is projected to witness significant growth over the forecast period owing to a few key factors. The growing geriatric population which is more susceptible to strokes coupled with rising stroke incidence rates worldwide are driving the market growth. Additionally, the shortage of neurologists in remote locations is prompting hospitals to adopt telestroke services to ensure timely treatment. Technological advancements enabling high-definition audio-visual telehealth solutions are further expanding the scope of telestroke. However, high infrastructure costs related to telehealth networks and lack of reimbursement for telemedicine in some regions may restrain the market growth. Nevertheless, ongoing initiatives by healthcare providers and regulatory bodies to promote telehealth adoption present lucrative opportunities for market players in the coming years.

Key Features of the Study:

• This report provides an in-depth analysis of the global telestroke services 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global telestroke services 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 ScienceSoft , SEVARO, Teladoc Health, Inc., TeleSpecialists, Alina TeleHealth, RapidAI , American Well, CEP AMERICA, LLC, GlobalMedia Group, LLC, DispatchHealth , Eagle Telemedicine, Providence, Lakewood Health System, VeeOne Health, and swyMe.
• 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 telestroke services 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 telestroke services market.

Market Segmentation

• Stroke Type:
  • Ischemic stroke
  • Hemorrhagic stroke
  • Transient Ischemic Attack
• Platform Deployment:
  • Cloud
  • On Premise
• Application:
  • Counseling
  • Treatment
  • Emergency Service
  • Others
• End Users:
  • Hospitals
  • Specialty Clinics
  • Home Healthcare Settings
  • Others
• Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • ScienceSoft 
  • SEVARO
  • Teladoc Health, Inc.
  • TeleSpecialists
  • Alina TeleHealth
  • RapidAI 
  • American Well
  • CEP AMERICA, LLC
  • GlobalMedia Group, LLC
  • DispatchHealth 
  • Eagle Telemedicine
  • Providence
  • Lakewood Health System
  • VeeOne Health
  • swyMe