The new report by Expert Market Research titled, ‘Global Haemorrhagic Stroke Treatment Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global haemorrhagic stroke treatment market, assessing the market based on its segments like drug types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 10%
Increasing age is a significant risk for several conditions, including intracerebral haemorrhages. This increases the demand for drugs, thereby pushing growth in the haemorrhagic stroke treatment market. The global hemorrhagic stroke treatment market is majorly driven by the high prevalence of hemorrhagic stroke and increased healthcare spending. The rise in new incidences of chronic diseases drives the hemorrhagic stroke treatment market. Furthermore, the growing consumption of anti-hypertensive drugs also increases the chances of hemorrhagic stroke, subsequently increasing the demand for hemorrhagic stroke treatment. The primary advantage of therapeutic based hemorrhagic stroke treatment is the shorter onset of action and recovery time which in the case of hemorrhagic stroke treatment results in the survival of the patient. The shorter onset of action of hemorrhagic stroke therapeutic drugs is expected to drive the hemorrhagic stroke treatment market.
Industry Definition and Major Segments
Bleeding is referred to as haemorrhage. When blood arteries in the brain rupture or leak, causing bleeding in or around the brain, a haemorrhagic stroke occurs. The cause of bleeding determines the treatment for haemorrhagic stroke (e.g., anticoagulant medications, high blood pressure, trauma to the head, blood vessel malformation). During and after a haemorrhagic stroke, most patients require intensive care in an ICU.
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By type, the market is segmented into:
- Antihypertensive
- Anticoagulants
- Anticonvulsants
- Others
The several distribution channels of the market are:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growth of the haemorrhagic stroke treatment market is driven by an increase in healthcare awareness, a rise in the incidence of diabetes, a surge in the number of tobacco users, and a growth in the geriatric population. Moreover, technological advancements in the diagnosis and treatment of stroke contribute to the growth of the market. Therefore, the high diagnostic rate and availability of the treatment options are considered positive factors that drive the market growth. Conversely, ongoing research and development activities in the field of stroke treatment are expected to offer lucrative opportunities for the growth of the global market. The global market for hemorrhagic stroke treatment is expected to grow as physicians prescribe more antihypertensive medicines and the clinical effectiveness of hemorrhagic stroke treatment increases.
Key Market Players
The major players in the market are B. Braun Melsungen AG, Medtronic, Bayer AG, Novartis AG, Pfizer Inc., Merck & Co., Inc., and GlaxoSmithKline plc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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