Telestroke Services Market $8,091.70 Million By 2032, CAGR: 18.8%

Telestroke Services Market Size Worth $8,091.70 Million By 2032 | CAGR: 18.8%


The global telestroke services market size is expected to reach USD 8,091.70 million by 2032, according to a new study by Polaris Market Research. The report “Telestroke Services Market Share, Size, Trends, Industry Analysis Report, By Type (Ischemic, Hemorrhagic); By End User; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increase in stroke cases in the United States has led to a higher demand for stroke care services, including telestroke services. Telestroke services are designed to help patients receive timely and appropriate stroke care, regardless of location. With the rise of stroke cases in the United States, the demand for telestroke services has also grown. In the United States, stroke is the largest cause of long-term disability, affecting more than 795,000 individuals annually, according to the Centres for Disease Control and Prevention (CDC).

One of the key factors driving the growth of the telestroke services market is the shortage of stroke specialists. There are only a limited number of stroke specialists in the United States, and many patients in rural or underserved areas cannot access these specialists. Telestroke services provide a way for these patients to receive timely care from stroke specialists, regardless of location.

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The top cause of mortality and disability in the globe is stroke. The incidence of stroke is increasing due to aging populations, unhealthy lifestyles, and rising prevalence of chronic diseases. The increase in the aging population is a key factor driving the market's growth. As people age, their risk of experiencing a stroke increases. Stroke is one of the leading causes of disability and death among older adults in the United States.

According to the World Health Organization, people aged 60 or older worldwide are expected to double by 2050. The aging population is also more likely to live in rural areas, lacking access to stroke specialists may be limited. These services can help address this issue by providing remote access to stroke specialists, regardless of location. This will further create a wide range of opportunities for market growth in the coming years.

Telestroke Services Market Report Highlights

  • Ischemic segment is projected to witness faster growth of the market owing to the growing incidence of ischemic stroke.
  • Telehospitals/Teleclinics segment accounted for the larger market share owing to the increasing availability and accessibility of stroke care.
  • North America is projected to experience higher growth and larger revenue share for the market owing to an increase in the prevalence of heart stroke and shortage of healthcare professionals.
  • Europe is expected to witness the second largest growth rate in the study period owing to the growing aging population and incidence of strokes.
  • The global players include Eagle Tele-medicine, Granville Health, Providence, Amwell, Vidyo, Avizia, Lakewood Health, and Nebraska Medicine.

Polaris Market Research has segmented the telestroke services market report based on type, end user and region:

Telestroke Services, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Ischemic
  • Hemorrhagic

Telestroke Services, End User Outlook (Revenue - USD Million, 2019 - 2032)

  • Telehospitals/Teleclinics
  • Telehome

Telestroke Services, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
    • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Tele-stroke Services Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 1,712.80 million

Revenue forecast in 2032

USD 8,091.70 million

CAGR

18.8% from 2023 - 2032

Base year

2022

Historical data

2019 - 2021

Forecast period

2023 - 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2023 to 2032

Segments covered

By Type, By End User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Eagle Telemedicine, Partners Telestroke Centre, Granville Health Systems, Medical university of South Carolina, Providence, Amwell, Vidyo, Avizia, Lakewood Health System, Nebraska Medicine & Blue Sky Health.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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