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Global Stroke Management Market: Segmentation Analysis And Forecast

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sachin sadgir
Global Stroke Management Market: Segmentation Analysis And Forecast

The global Stroke Management Market is expected to witness significant growth in the coming years, driven by the rising incidence of strokes and the growing elderly population. Stroke is a medical emergency that occurs when blood flow to the brain is disrupted, either due to a blockage or bleeding. It is a leading cause of death and disability worldwide, and the economic burden of stroke is significant, with high healthcare costs and lost productivity.


According to the World Stroke Organization, stroke is the second leading cause of death worldwide, responsible for an estimated 11.8% of all deaths. In addition, stroke is a major cause of long-term disability, with up to two-thirds of stroke survivors experiencing some form of disability. In the United States alone, stroke is estimated to cost the healthcare system over $34 billion annually, including direct medical costs and lost productivity.


The global Stroke Management Market is expected to witness high growth, exhibiting CAGR of 7.5% over the forecast period, due to growing product approvals. For instance, Medtronic gained emergency authorization from the US FDA in April 2020, for selling compact ventilator in the U.S.

 

North America is anticipated to witness robust growth in the global Stroke Management Market during the forecast period, due to rising awareness associated with symptoms and prevention of stroke and growing R&D activities.

 

Key players active in the global stroke management market are Siemens AG, Abbott Laboratories, Merck and Co. Inc., B Braun Melsungen AG, Medtronic Plc, Boston Scientific Corporation, General Electric Company, Bristol Myers Squibb Co., and Cardinal Health Inc.



Read More @ https://cmiorientedreportblog.blogspot.com/2023/04/global-stroke-management-market-is.html

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