Ischemic Stroke Drugs Market By Type (Tissue Plasminogen Activator, Anticoagulant, Antiplatelet, and Antihypertensive), By Application (Hospitals, Clinics, and Ambulatory Surgical Centers), and By Region - Trends, Analysis and Forecast till 2034

Ischemic Stroke Drugs Market was valued at USD 9.5 Billion in 2024 and is projected to grow at a CAGR of 4.5 % to reach USD 14.7 Billion by 2034

Ischemic stroke is a medical emergency as brain cells die due to insufficient supply of oxygen as blood supply in parts of brain is blocked or reduced. Trouble in speaking, understanding, numbness, weakness ,Headache, trouble in walking, seeing are some of the symptoms and requires immediate medical care. Reduced blood flow is often termed as ischemia. Smoking, Hypertension, diabetes, obesity are some of leading causes of Ischemic stroke. Proper sleep, blood pressure monitoring can be some of self-monitoring parameters for hypertensive patients. Rising geriatric population, growing patient’s awareness be helpful towards expansion of Ischemic stroke drugs market. Drug treatment of Ischemic stroke involves intravenous thrombolysis with alteplase, dissolves the clots and restores the blood flow.

DRIVERS:

Increase prevalence of Ischemic stroke incidences

Rising prevalence of stroke cases are the major drivers to boost ischemic stroke drugs market. Rising ageing population, sedentary lifestyles, Diabetes cases, high blood pressure are the factors leading to ischemic stroke and thus increases demand for treatment options such as drugs.

• For instance, according to CDC (Centers for Disease Control & Prevention), around 87% of all strokes are ischemic strokes, in which blood-flow to brain is blocked, while stroke-related costs in U.S. came to nearly $56.5 billion in 2018 and 2019.

RESTRAINS:

High developmental cost and stringent regulatory guidelines

Development and approval of novel drugs involves strict inspection and regulatory processes and might hinder the ischemic stroke drugs market growth. Emerging key players increase competition tends to be a major challenge. Ischemic stroke has limited options for treatment, market may get saturated if certain drugs prove to be efficient.

Challenges

Development of new and advanced therapies using technologies such as gene therapy may shift the focus from traditional drug treatments impacting the ischemic stroke drugs market. High developmental cost, reimbursement policies insurance coverage and other implementation of other policies might be challenging.

Ischemic Stroke Drugs Market is segmented based on Type, Application and Region.

Type Insights

On the basis of Type, the target market is segmented into Tissue Plasminogen Activator, Anticoagulant, Antiplatelet, and Antihypertensive. Tissue plasminogen activator intravenous type of treatment may be dominant as it is only approved way of treatment till date having a restricted time window of 3.5-4hrs. Complications and contraindication of this treatment makes about 80% people ineligible for treatment and till now no drug targeting such population has been approved. This can lead to use of new technologies and ways to target such population boosting the ischemic stroke drugs market.

Application Insights

On the basis of Application, the target market is segmented into Hospitals, Clinics, and Ambulatory Surgical Centers. Hospitals being the stroke center or providers of emergency care for the treatment leads them to dominate this segment.

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America market is estimated to witness a significantly high revenue share over the forecast period due to tight integration of markets and high revenue. Highly diversified industrial market in USA makes this region to dominate the segment and holds the largest share in the ischemic stroke drugs market. Higher flexibility in terms of expansion, innovation also boosts the expansion of market. Ischemic stroke is the fourth leading cause of death and the leading cause of adult disability in the USA , thus new therapies and technologies need to be implemented for the proper treatment of ischemic stroke.
• Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to increasing cases of ischemic stroke cases due to sedentary lifestyle, hypertension etc. improved healthcare facilities, government guidelines and awareness among people regarding treatment to boost the ischemic stroke drugs market in this region

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

• Pfizer Inc.
• Merck & Co. Inc
• Boehringer Ingelheim
• Sanofi
• Johnson & Johnson
• Bayer
• Biogen
• Abbott Laboratories
• Genentech
• Daiichi Sankyo

The New Launched Product News,

• In June 2023, DiaMedica Therapeutics announced that FDA (Food Drug and Administration) lifted hold on the clinical trials for a phase 2/3 of DM199, a novel approach for ischemic stroke patients. It is a synthetic form of human tissue Kallikrein-1, a serine protease involved in several physiological process, blood flow. Compony Planned to resume its trial as soon as possible with 350 individuals at 75 sites in the U.S. Participants will receive DM199 or placebo for 3 weeks, beginning within 24 hours of acute ischemic stroke symptoms, with the final follow-up scheduled for 90 days.
• In September 2023, Sun Pharma and US based Pharmazz entered into a licensing agreement to facilitate commercialization of an innovative drug called Tyvalzi in Indian market. Developed by Pharmazz for the treatment of cerebral ischemic stroke. Under the terms of agreement, Sun Pharma has rights to market Sovateltide in India using Tyvalzi as brand name.

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