The global cerebrovascular disease treatment market is expected to grow at a considerable CAGR of 5.9% during the forecast period. The major factors that are augmenting the growth of the cerebrovascular disease treatment market are advancement in technology and increasing prevalence of strokes. Furthermore, expansion and spending on healthcare infrastructure in the emerging economies, favorable medical reimbursements are also estimated to be the major factors that are contributing significantly towards the growth of the market. Above 85.0% of the strokes are of ischemic stroke which makes it most commonly caused due to less blood supply to the brain. In addition to this, several government organizations play an important role in the growth of the market. For instance, in 2016, the Society of Vascular and Interventional Neurology (SVIN) started a health campaign of Mission Thrombectomy 2020 to accelerate the access of stroke treatment globally by doubling the normal rate of treatment by 2020. The stroke diseases require early treatment as it is can be life-threatening due to some delay in treatment.
However, the lack of awareness among the people, the absence of skilled neurosurgeons and diagnostic centers, and the high cost of cerebrovascular treatment are some of the restraints that can challenge the growth of the market in the forecast period. Conversely, the high growth rate in healthcare infrastructure and the increasing number of research in the field are the opportunities that are expected to fuel the cerebrovascular diseases treatment market.
Segmental Outlook
The market is segmented on the basis of type of stroke, treatment, and end-user. By type of stroke, the market is segmented into ischemic and Hemorrhagic. The ischemic stroke treatment segment holds a significant market share during the forecast period. Ischemic stroke is driven by the high patient pool, growth in prevalence of stroke, and rise in R&D facilities. The ischemic stroke treatment major players include Bayer AG, Bristol-Myers Squibb Company, Boehringer Ingelheim GmbH, and Medtronic. Moreover, based on the treatment segment, the market is segmented into medication and surgical procedures. Further, based on the end-user segment, the market is segmented into hospitals, surgical clinics, and research institutes.
Global Cerebrovascular disease treatment Market Share by type of stroke, 2020 (%)
Regional Outlooks
The global cerebrovascular disease treatment market is analyzed based on the geographical regions into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to be one of the leading regions in the global cerebrovascular disease treatment market. Increase in R&D investments by the manufacturers, the rising level of hypertension and migraine, advancement and availability of technologies, and government initiatives are the major factor driving the growth of the market in this region. The US is estimated to have the highest share of the market in this region due to the high penetration of patented drugs in the country.
Global Cerebrovascular disease treatment Market Growth, by Region 2021-2027
Asia Pacific is estimated to among the fastest-growing region during the forecast period. The factors promoting the growth of the market in the region include increasing awareness related to heart diseases, increasing disposable income, and increasing incidences related to heart disease due to unhealthy lifestyles. Moreover, favorable government policies to expand healthcare infrastructure in the region such as in China, India, and ASEAN and growth in medical tourism is also driving the market growth.
Market Players Outlook
Key players of the cerebrovascular disease treatment market are Abbott Laboratories, Pfizer Inc., Bristol-Myers Squibb Co., Bayer AG, Amgen Inc., Penumbra, Inc., and Johnson & Johnson Services, Inc. In order to survive in the market, these players adopt different marketing strategies such as mergers, acquisitions, product launches, and geographical expansion so on. For Instance, in October 2020, Bayer AG acquired Asklepios BioPharmaceutical to broaden its platform and potential for the treatment of neuromuscular, central nervous system, cardiovascular and metabolic diseases.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Cerebrovascular Disease Treatment Market, By Type of Stroke
5.1.1. Ischemic
5.1.2. Haemorrhagic
5.2. Global Cerebrovascular Disease Treatment Market, By Treatment
5.2.1. Medication
5.2.2. Surgical Procedure
5.3. Global Cerebrovascular Disease Treatment Market, By End User
5.3.1. Hospitals
5.3.2. Surgical Clinics
5.3.3. Research Institutions
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abbott Laboratories
7.2. Amgen Inc.
7.3. AstraZeneca plc
7.4. Bayer AG
7.5. Boehringer Ingelheim International GmbH
7.6. Bristol-Myers Squibb Co.
7.7. Daiichi Sankyo Co. Ltd.
7.8. F. Hoffmann-La Roche Ltd.
7.9. Genentech, Inc.
7.10. Johnson & Johnson Services, Inc.
7.11. Medtronic plc
7.12. Merck & Co., Inc.
7.13. Penumbra, Inc.
7.14. Pfizer Inc.
7.15. Sangamo Therapeutics, Inc.
7.16. Sanofi SA
7.17. Siemens Healthineers AG
7.18. Sihuan Pharmaceutical Holdings Group Ltd.
7.19. Takeda Pharmaceutical Co. Ltd.
7.20. United Therapeutics Corp.
1. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF STROKE, 2020-2027($ MILLION)
2. GLOBAL ISCHEMIC MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
3. GLOBAL HEMORRHAGIC MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
4. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027($ MILLION)
5. GLOBAL MEDICATION MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
6. GLOBAL SURGICAL PROCEDURE MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
7. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY END USER, 2020-2027($ MILLION)
8. GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
9. GLOBAL SURGICAL CLINICS MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
10. GLOBAL RESEARCH INSTITUTIONS MARKET RESEARCH AND ANALYSIS, 2020-2027($ MILLION)
11. NORTH AMERICAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
12. NORTH AMERICAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF STROKE, 2020-2027($ MILLION)
13. NORTH AMERICAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027($ MILLION)
14. NORTH AMERICAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY END USER, 2020-2027($ MILLION)
15. EUROPEAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
16. EUROPEAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF STROKE, 2020-2027($ MILLION)
17. EUROPEAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027($ MILLION)
18. EUROPEAN CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY END USER, 2020-2027($ MILLION)
19. ASIA PACIFIC CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
20. ASIA PACIFIC CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS, BY TYPE OF STROKE, 2020-2027($ MILLION)
21. ASIA PACIFIC CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027($ MILLION)
22. ASIA PACIFIC CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY END USER, 2020-2027($ MILLION
23. REST OF WORLD CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF STROKE, 2020-2027($ MILLION)
24. REST OF THE WORLD CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027($ MILLION)
25. REST OF THE WORLD CEREBROVASCULAR DISEASE TREATMENT MARKET RESEARCH AND ANALYSIS BY END USER, 2020-2027($ MILLION)
1. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY TYPE OF STROKE, 2020 VS 2027 (%)
2. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY TREATMENT, 2020 VS 2027 (%)
3. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY END USER, 2020 VS 2027 (%)
4. GLOBAL CEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
5. GLOBAL ISCHEMIC TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL HAEMORRHAGIC TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL CEREBROVASCULAR DISEASE TREATMENT THROUGH MEDICATION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL CEREBROVASCULAR DISEASE TREATMENT THROUGH SURGICAL PROCEDURES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL HOSPITAL SCEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL SURGICAL CLINIC SCEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL RESEARCH INSTITUTION SCEREBROVASCULAR DISEASE TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. US CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
13. CANADA CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
14. 2020-2027 UK CEREBROVASCULAR DISEASE TREATMENT SIZE 2020-2027($ MILLION)
15. GERMANY CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
16. SPAIN CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
17. FRANCE CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
18. ITALY CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
19. REST OF EUROPE CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
20. 2020-2027 CHINA CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
21. INDIA CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
22. JAPAN CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
23. REST OF ASIA PACIFIC CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)
24. REST OF WORLD CEREBROVASCULAR DISEASE TREATMENT MARKET SIZE, 2020-2027($ MILLION)