The telestroke services market in North America is expected to grow from US$ 660.94 million in 2022 to US$ 1,960.00 million by 2028; it is estimated to grow at a CAGR of 19.9% from 2022 to 2028.
Stroke is a major concern for public health, despite advances in understanding several factors regarding the disease, such as epidemiology, quality of life, and pathophysiology. It is one of the leading causes of death and disability across the region. As per the American Heart Association, approximately 1 in 19 deaths in the US in 2018 was due to a stroke, and in 2016, on average, one person died from a stroke every 3 minutes 33 seconds. Further, stroke is the fifth-highest cause of death in the US, resulting in 147,810 deaths in 2018. Due to changing demographics, the public health burden of stroke will increase in the coming years. According to Frontiers Media S.A., the supply gap of neurologists is projected to increase from 11% in 2012 to ~19% by 2025, with the largest decline in the number of vascular neurologists. Therefore, the rising number of stroke cases and the limited availability of trained professionals are boosting the demand for telestroke services.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America telestroke services market at a substantial CAGR during the forecast period.
North America Telestroke Services Market Revenue and Forecast to 2028 (US$ Million)
North America Telestroke Services Market Segmentation
The North America telestroke services market is segmented on the basis of type, end user, and country. Based on type, the market is bifurcated into ischemic and hemorrhagic. In 2022, the ischemic segment held a larger share of the market and is expected to register a higher CAGR during the forecast period. Based on end user, the market is segmented into telehospitals/teleclinics, telehome, and others. In 2022, the telehospitals/teleclinics segment held the largest share of the market. However, the telehome segment is expected to register the highest CAGR during the forecast period. Based on country, the North America telestroke services market is segmented into the US, Canada, and Mexico. In 2022, the US held the largest market share, and Canada is expected to register the highest CAGR during the forecast period.
Providence; Nebraska Medicine; Lakewood Health System; Medical University of South Carolina: Granville Health System; Vidyo, Inc.; Eagle Telemedicine; American Well; Partners TeleStroke Center; and Blue Sky Telehealth are among the leading companies operating in the North America telestroke services market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 660.94 Million |
| Market Size by 2028 | US$ 1,960.00 Million |
| CAGR (2022 - 2028) | 19.9% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Telestroke Services Market is valued at US$ 660.94 Million in 2022, it is projected to reach US$ 1,960.00 Million by 2028.
As per our report North America Telestroke Services Market, the market size is valued at US$ 660.94 Million in 2022, projecting it to reach US$ 1,960.00 Million by 2028. This translates to a CAGR of approximately 19.9% during the forecast period.
The North America Telestroke Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Telestroke Services Market report:
The North America Telestroke Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Telestroke Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Telestroke Services Market value chain can benefit from the information contained in a comprehensive market report.
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