North America Telestroke Services Market

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 Strategic Insights

Strategic insights for the North America Telestroke Services provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Telestroke Services Report Scope

North America Telestroke Services Regional Insights

The geographic scope of the North America Telestroke Services refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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.