Research Nester published a report titled “Cerebral Artery Syndrome Treatment Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global cerebral artery syndrome treatment market in terms of market segmentation by treatment, distribution channel, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global cerebral artery syndrome treatment market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of distribution channel into hospital, specialty clinic, pharmacies, and others, out of which, the hospital segment is anticipated to hold the noteworthy share in the market over the forecast period owing to the requirement of expert care for the treatment of cerebral artery syndrome, which is readily available in hospitals, along with higher acceptance and popularity of hospitals.
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The global cerebral artery syndrome treatment market is estimated to grow on the back of increasing prevalence of lifestyle diseases, such as, diabetes and hypertension. Along with this, the rising global geriatric population is estimated to boost the market growth, as cerebral artery syndrome is more common in older population. Cerebral artery supplies blood to the middle brain, which controls the motor activities of face, and upper body, including, arms, shoulder, chest, and waist. This syndrome can be controlled with good diet, exercise and medications; however, surgery might be required in severe artery blockage. The requirement of instant treatment and use of medications for the rest of the lifespan are another crucial factor estimated to boost the market growth.
On the basis of geographical analysis, the global cerebral artery syndrome treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to gain significant growth during the forecast period owing to the rising geriatric population in India and China. As per the data provided by the World Bank, 11.96% of the total population of China, and 6.57% of the population of India, were above 65 years, in 2020. Furthermore, the developing healthcare system in the region, backed by economic growth, is estimated to boost the market growth.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Rising Incidence of Diabetes and Hypertension to Boost the Market Growth
According to the data by the International Diabetes Federation, approximately 463 million adults aged 20 to 79 years were suffering from diabetes in 2019, which is estimated to increase to 700 million by 2045
Diabetes and hypertension are the two major lifestyle diseases responsible for cerebral artery syndrome. Stress, high blood glucose level, and high level of lipid in blood, which blocks the arteries, is estimated to boost the market growth.
However, lack of health awareness among people is expected to operate as key restraint to the growth of the global cerebral artery syndrome treatment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global cerebral artery syndrome treatment market which includes company profiling of Abbott Laboratories, Merck & Co., Inc., Siemens Healthcare GmbH, Boehringer Ingelheim International GmbH, Johnson & Johnson Services, Inc., Baxter International, Inc., Novartis AG, Sanofi-aventis Groupe, Pfizer, Inc., and AbbVie Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cerebral artery syndrome treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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