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.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Telestroke Services Market – By Type
1.3.2 North America Telestroke Services Market – By End User
1.3.3 North America Telestroke Services Market – By Geography
2. North America Telestroke Services Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Telestroke Services Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Expert Opinion
5. North America Telestroke Services Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Instances of Stroke Cases Across the Region
5.1.2 Elevating Volume of Patients Suffering from Cardiac Disorders
5.2 Market Restraints
5.2.1 Raising Unawareness toward Strokes
5.3 Market Opportunities
5.3.1 Boosting Usage of Telemedicine
5.4 Future Trends
5.4.1 Burgeoning Technological Advancements
5.5 Impact Analysis
6. North America Telestroke Services Market Analysis
6.1 North America Telestroke Services Market Revenue Forecast and Analysis
7. North America Telestroke Services Market Analysis – by Type
7.1 Overview
7.2 North America Telestroke Services Market Revenue Share, by Type (2022 and 2028)
7.3 Ischemic
7.3.1 Overview
7.3.2 Ischemic: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Haemorrhagic
7.4.1 Overview
7.4.2 Haemorrhagic: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Telestroke Services Market –by End User
8.1 Overview
8.2 North America Telestroke Services Market, by End User, 2022 and 2028 (%)
8.3 Telehospitals/Teleclinics
8.3.1 Overview
8.3.2 Telehospitals/Teleclinics: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Telehome
8.4.1 Overview
8.4.2 Telehome: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Telestroke Services Market – Country Analysis
9.1 Overview
9.1.1 North America: Telestroke Services Market, by Country, 2022 & 2028 (%)
9.1.1.1 US: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.1.1 Overview
9.1.1.1.2 US: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.1.3 US: Telestroke Services Market, by Type, 2019–2028 (US$ ‘Million)
9.1.1.1.4 US: Telestroke Services Market, by End User, 2019–2028 (US$ ‘Million)
9.1.1.2 Canada: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.2.1 Overview
9.1.1.2.2 Canada: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.2.3 Canada: Telestroke Services Market, by Type, 2019–2028 (US$ ‘Million)
9.1.1.2.4 Canada: Telestroke Services Market, by End User, 2019–2028 (US$ ‘Million)
9.1.1.3 Mexico: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.3.1 Overview
9.1.1.3.2 Mexico: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.3.3 Mexico: Telestroke Services Market, by Type, 2019–2028 (US$ ‘Million)
9.1.1.3.4 Mexico: Telestroke Services Market, by End User, 2019–2028 (US$ ‘Million)
10. North America Telestroke Services Market–Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 Providence
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Nebraska Medicine
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Lakewood Health System
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Medical University of South Carolina
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Granville Health System
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Vidyo, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Eagle Telemedicine
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 American Well
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Partners TeleStroke Center
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Blue Sky Telehealth
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. US: Telestroke Services Market, by Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 2. US: Telestroke Services Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 3. Canada: Telestroke Services Market, by Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 4. Canada: Telestroke Services Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 5. Mexico: Telestroke Services Market, by Type – Revenue and Forecast to 2028 (US$ ‘Million)
Table 6. Mexico: Telestroke Services Market, by End User – Revenue and Forecast to 2028 (US$ ‘Million)
Table 7. Organic Developments Done By Companies
Table 8. Inorganic Developments Done by Companies
Table 9. Glossary of Terms, North America Telestroke Services Market
LIST OF FIGURES
Figure 1. North America Telestroke Services Market Segmentation
Figure 2. North America Telestroke Services Market Segmentation, By Country
Figure 3. North America Telestroke Services Market Overview
Figure 4. The Ischemic Segment Held Largest Share of Type Segment in Telestroke Services Market
Figure 5. The US Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America Telestroke Services Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Telestroke Services Market Impact Analysis of Drivers and Restraints
Figure 10. North America Telestroke Services Market– Revenue Forecast and Analysis – 2022 – 2028
Figure 11. North America Telestroke Services Market Revenue Share, by Type (2022 and 2028)
Figure 12. Ischemic: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Haemorrhagic: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Telestroke Services Market, by End User, 2022 and 2028 (%)
Figure 15. Telehospitals/Teleclinics: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Telehome: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: Telestroke Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America: Telestroke Services Market, by Key Country – Revenue (2022) (US$ ‘Million)
Figure 19. North America: Telestroke Services Market, by Country, 2022 & 2028 (%)
Figure 20. US: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 21. Canada: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
Figure 22. Mexico: Telestroke Services Market – Revenue and Forecast to 2028 (US$ ‘Million)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America telestroke services market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America telestroke services market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the telestroke services market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – North America Telestroke Services Market
● Providence
● Nebraska Medicine
● Lakewood Health System
● Medical University of South Carolina
● Granville Health System
● Vidyo, Inc
● Eagle Telemedicine
● American Well
● Partners TeleStroke Center
● Blue Sky Telehealth
At 11.6% CAGR, the North America Telestroke Services Market is speculated to be worth US$ 22,182.96 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the North America telestroke services market was valued at US$ 660.94 million in 2022 and is expected to reach US$ 1,960.00 million by 2028, registering an annual growth rate of 19.9% from 2022 to 2028. Elevating volume of patients suffering from cardiac disorders and surging instances of stroke cases across the region.
Cardiovascular diseases (CVDs) are one of the leading causes of death region. According to the World Health Organization, an estimated 17.9 million people died from CVDs in 2019, accounting for 32% of all deaths. Furthermore, 85% of these deaths were due to heart attacks and strokes. At least three-quarters of global deaths from cardiovascular disease occur in low- and middle-income countries. People living in such countries often do not benefit from primary health care programs for the early detection and treatment of people with risk factors for CVDs. In low- and middle-income countries, people living with noncommunicable diseases, such as CVDs, have less access to effective and equitable health services that meet their needs. Moreover, cardiac patients have a significantly higher risk of heart disease and stroke than the general population. CVD is considered the most important predisposing risk factor for acute ischemic stroke (AIS). The incidence of AIS doubles in patients with coronary artery disease and fivefold in patients with atrial fibrillation. In addition, as brain damage can alter the autonomic and neurohormonal pathways involved in controlling heart function, stroke patients are extremely vulnerable to serious cardiac adverse events. In particular, AIS can contribute to impaired cerebral autoregulation, making cerebral blood flow dependent on cardiac function. Cardiologists and stroke physicians are collaborating closely with the industry to develop the tools, resources, and treatments that can be useful to improve efficiency and reduce treatment time. Moreover, the causes of CVDs may vary from genetic disposition to environmental factors and oxidative stress. The rising incidence of these CVD cases is boosting the demand and adoption of telestroke services, thereby driving the market growth.
On the contrary, raising unawareness toward strokes.
Based on component, the North America telestroke services market is segmented into ischemic and hemorrhagic. The ischemic segment held 87.7% market share in 2022, amassing US$ 579.58 million. It is projected to garner US$ 1,739.40 million by 2028 to expand at 20.1% CAGR during 2022–2028. Based on hardware, the North America telestroke services market is segmented into telehospitals/teleclinics, telehome, and others. The telehospitals/teleclinics segment held 55.5% market share in 2022, amassing US$ 367.08 million. It is projected to garner US$ 1,077.08 million by 2028 to expand at 19.7% CAGR during 2022–2028. Based on country, the North America telestroke services market has been segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 84.8% market share in 2022. It was assessed at US$ 560.28 million in 2022 and is likely to hit US$ 1,648.56 million by 2028, exhibiting a CAGR of 19.7% during the forecast period. Key players dominating the North America telestroke services market are 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 among others.
In February 2021, the organization earned The Joint Commission’s Gold Seal of Approval and the American Stroke Association’s Heart-Check mark for its Primary Stroke Center’s Certification. Providence, recently went through a rigorous, onsite review by a team of Joint Commission reviewers who evaluated compliance with related certification standards including program management, supporting self-management, and delivering and facilitating clinical care. In August 2020, Lakewood Ranch Medical Center received the American Heart Association/ American Stroke Association’s “Get with The Guidelines-Stroke Gold Plus Quality Achievement” award. The award recognizes the hospital’s commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines based on the latest scientific evidence. Contact Us
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