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Stroke Post Processing Software Market Growth Projections and Opportunities
A stroke happens when the blood flow to a part of the brain is stopped, leading to a lack of oxygen that can cause cells to die. According to a survey by the National Stroke Association in 2016, about 800,000 people face recurrent strokes each year, making it the fifth leading cause of death in the United States. The global market for stroke post processing software is growing because of an increasing number of older people, more cases of strokes, and better awareness of the disease. However, strict rules from regulators could slow down the market's growth.
The worldwide market for stroke post processing software is predicted to grow by 6.48% from 2019 to 2024. In 2018, Europe was at the forefront with a 37.9% share, followed by the Americas and Asia-Pacific with shares of 35.6% and 16.4%, respectively.
The market is divided based on how the software is installed, the type of modality it uses, the kind of stroke it deals with, and who uses it.
When it comes to installation, the desktop version of the software was most popular, holding 48.5% of the market in 2018, with a value of USD 436.18 million. This segment is expected to keep growing at a rate of 6.72% during the forecast period.
In terms of modality, the CT scan version was the most used, claiming 63.6% of the market in 2018, with a value of USD 571.43 million. It's projected to grow at a rate of 6.81% during the forecast period.
Looking at the type of strokes, ischemic strokes made up the majority, holding a 67.5% market share in 2018, with a value of USD 606.73 million. This segment is expected to grow at a rate of 6.57% during the forecast period.
In terms of who uses the software, hospitals and clinics were the biggest users, making up 53.4% of the market in 2018, with a value of USD 479.89 million. This segment is projected to grow at a rate of 6.72% during the forecast period.
Understanding the impact of strokes and the importance of post processing software in managing and treating them is crucial for the continuous growth of the global market, ensuring better outcomes for patients facing this health challenge.
Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 0.1 Billion |
| Market Size Value In 2023 | USD 0.10 Billion |
| Growth Rate | 8.30% (2023-2032) |
Stroke Post Processing Software Market Highlights:
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