Global Brain Ischemia Market – Overview
Brain Ischemia Market Growth is expected to exhibit significant growth over the forecast period. The market was valued at approximately USD 606.73 million in 2018 and is projected to register a 6.57% CAGR over the forecast period.
The medical advances have given way to the discovery of treatments for various other medical conditions such as that of brain ischemia. Market reports associated with the healthcare sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is projected to develop at a CAGR of 6.5 percent in the forecast period.
The growing accessibility to superior healthcare facilities is prompting the development of the market substantially. Increasing risk factors that contribute to the incidences of brain ischemia are prompting the growth of the market. Better detection tools are expected to provide a considerable push for the development of the market over the forecast period.
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Segmental Analysis
The market is segmented on the basis of diagnosis, treatment and end users. By diagnosis, the market is segmented into MRI, ultrasound, CT, angiography and other. By treatment, the market is segmented into drug treatment, angioplasty, and other. The drug treatment is additionally sub-segmented into antiplatelet, anticoagulation therapy and other. The Anticoagulation therapy segment is further sub-segmented into warfarin and heparin. While antiplatelet therapy is additionally sub-segmented into aspirin and other. By end user, the market is segmented into clinics, hospital, and others.
Detailed Regional Analysis
The regional analysis of the market observes that the North American region has the major market share of the brain ischemia market. Owing to the growing obese and diabetic population in this region, the market’s progress is meaningfully amplified. Furthermore, growing government backing has also promoted the development of this market. The European region is the next chief market owing to the growing aging population and technological advances in the region. The evolving economies such as India and China in the Asia Pacific region are fuelling the growth of the market.
Competitive Analysis
The market appeal and competitors’ tendencies are noticeably enhanced by the strategies that are being used by market players. The significant success factors in the market are easily attained in the market are contributing to a raised pace of progress in the forecast period. The heightened level of importance on the variation of products is increasing the number of customers in the market considerably. The innovation in products and services of the markets will modify the progression of the market prominently.
The distinguished competitors functioning in the market globally Covidien Plc (Ireland), H. Lundbeck A/S (Denmark), Bristol-Myers Squibb Company (US), ThromboGenics NV (Belgium), Vernalis Plc (UK), Bayer AG (Germany), Johnson and Johnson (US), Stryker Corporation (US), Neurotec Pharma SL (Spain), Abbott Laboratories (US), Philips Healthcare (Netherland), Penumbra, Inc. (US), Boehringer Ingelheim GmbH (Germany), Hitachi Ltd. (Japan), GE Healthcare (UK) and Siemens Healthcare (US).
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Industry Updates:
Aug 2018 iSchemaView which an established leader in analysis of cerebrovascular imaging, has recently announced it has gained final approval for the use of the RAPID platform in Canada for Patients Suffering Ischemic Stroke in Canada. The RAPID platform is intended to deliver physicians with fully automated, fast, elegant and easy-to-interpret imaging that will ease clinical decision-making around cerebrovascular diseases, such as stroke
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