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Telestroke Services Market Size, Share Analysis, Trends, Growth And Forecast To 2033
Telestroke Services Market Trends
As per the report, the telestroke market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The telestroke market size is expected to see rapid growth in the next few years. It will grow to $2.82 billion in 2028 at a compound annual growth rate (CAGR) of 14%.
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Increasing Cardiac Disorders Fuel Growth In Telestroke Services Market
The rising number of patients with cardiac disorders will propel the growth of the telestroke services market going forward. Cardiac disorders refer to a range of conditions that affect the heart's structure and function. Telestroke services help manage cardiac disorders by providing remote access to specialized care. Cardiologists can diagnose and treat cardiac conditions promptly through real-time video consultations and data transmission, particularly in rural or underserved areas. For instance, in April 2023, according to the British Heart Foundation, a UK-based cardiovascular research charity, the overall number of deaths in Scotland from all heart and circulatory illnesses was 17,639 in 2021, up from 17,448 in 2020. In addition, the number of deaths from coronary heart disease in the UK in 2021 will be 65,579, up from 64,170 in 2020. Therefore, the rising number of patients with cardiac disorders is driving the growth of the telestroke services market.
Innovative Image-Sharing Telestroke Services Enhance Stroke Care And Diagnostic Accuracy
Major companies operating in the telestroke services market are focusing their efforts on introducing innovative technologies, such as telestroke services with image-sharing technology, to enhance diagnostic accuracy, improve patient outcomes, and ensure rapid treatment for stroke patients. Telestroke services using image-sharing technology refer to a network that employs digital tools for two-way, high-resolution video teleconferencing. For instance, in February 2024, Guam Regional Medical City, a US-based regional hospital, launched 24-hour telestroke services. It provides round-the-clock access to certified neurologists. The key features include high-speed audio or video conferencing and image-sharing technology, which allow specialists to evaluate, diagnose, and collaborate with on-site doctors to manage stroke patients' care.
The telestroke services market covered in this report is segmented -
1) By Stroke Type: Ischemic Stroke, Hemorrhagic Stroke, Transient Ischemic Attack
2) By Application: Counseling, Treatment, Emergency Service, Other Applications
3) By End Users : Hospitals, Specialty Clinics, Home Healthcare Settings, Other End Users
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Major companies operating in the telestroke services market are Providence Health & Services, Teladoc Health Inc, Vituity, Enghouse Video (Enghouse Systems), DispatchHealth, American Well Corporation, Definitive Healthcare, ScienceSoft, Capsa Healthcare, Access TeleCare LLC, Relias Media, Eagle Telemedicine, Caregility, TeleSpecialists LLC, GlobalMedia Group LLC, RapidAI, AmplifyMD, Sevaro Health Inc, Tenovi, Bluesky Health, swyMe, VeeOne Health, American TelePhysicians (ATP), RemoteICU, Alina TeleHealth
Contents of the report:
1. Executive Summary
2. Telestroke Services Market Report Structure
3. Telestroke Services Market Trends And Strategies
4. Telestroke Services Market - Macro Economic Scenario
5. Telestroke Services Market Size And Growth
…..
27. Telestroke Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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