Global Stroke Post Processing Software Market Size

Statistics for the 2023 & 2024 Global Stroke Post Processing Software market size, created by Mordor Intelligence™ Industry Reports. Global Stroke Post Processing Software size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Global Stroke Post Processing Software Industry

Stroke Post Processing Software Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 8.55 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Need a report that reflects how COVID-19 has impacted this market and its growth?

Stroke Post Processing Software Market Analysis

The Stroke Post Processing Software Market is projected to register a CAGR of 8.55% during the forecast period (2022-2027).

During the COVID-19 pandemic, most of the hospital-based care was shifted to caring for coronavirus-infected patients, putting a transient and slight dent in growth. However, as more COVID patients suffered strokes and other brain-related issues, the demand for stroke post-processing software grew. Due to the sensitive nature of the stroke, however, market conditions recovered quickly. Frontline workers can now make better treatment decisions because of the availability of helpful post-stroke management software. AI-Artificial intelligence-driven stroke management software has seen a considerable surge in popularity because of technological improvements. Reduced hospital admissions of stroke patients were noted during the initial COVID-19 outbreak. It was because people were afraid of infection during a period of segregation and lockdown. A decline in acute stroke hospital admissions has been recorded in many regions, indicating that many patients with mild and severe strokes are also avoiding hospitalization. According to data from the National Institute of Health-2020, patient admission, treatment, and discharge volumes for acute stroke therapy in central and south Texas have reduced dramatically since COVID-19-related lockdown orders were issued.

Stroke management systems and software are in higher demand as the number of strokes rises. According to the Centers for Disease Control and Prevention (CDC), stroke is expected to account for one in every six deaths in the United States by 2020. The software systems provide better treatment outcomes for stroke victims. The AI-Artificial intelligence-based approach aids stroke specialists in detecting major vascular occlusions, allowing patients to be referred and transferred more quickly. The use of stroke post-processing software allows for the creation of more efficient pathways, faster treatment decisions, and improved patient outcomes. Technological improvements, particularly in the realm of healthcare IT solutions, have considerably improved software adoption by healthcare professionals while also lowering the likelihood of post-stroke problems.

The stroke post-processing software generates more detailed images with synchronized data, assisting in the diagnosis of the stroke's effect or progression and allowing physicians to make more rapid clinical judgments. As a result, investing in it to improve quality and updates can have a huge impact on market growth. For instance, Hospital software ViewPoint 6 Direct Connect by GE Healthcare helps reduce dictation by auto-populating ultrasound measurements and report details directly into the radiology reporting system and makes the physicians' work easier. According to the Centers for Disease Control and Prevention-2022, a stroke occurs every 40 seconds in the United States. Someone dies of a stroke every 3.5 minutes. In both developed and emerging nations, government policies that promote the overall adoption of healthcare IT solutions to improve healthcare outcomes operate as a primary reinforcing factor for the industry. Increased healthcare awareness, an increase in the frequency of diabetes, an increase in the number of tobacco users, and an increase in the senior population are all driving market expansion.

Furthermore, technical developments in stroke detection and treatment add to the market's growth. Artificial intelligence and machine learning are projected to become commonplace as the healthcare business continues to rely on technological breakthroughs. More sophisticated ways of detecting, diagnosing, and treating stroke patients are expected because of this. This will force service providers to implement highly advanced stroke post-processing software. However, high diagnostic and treatment costs, as well as a lack of reimbursement regulations, are projected to limit market expansion. On the other hand, continuous R&D in the field of stroke management is likely to provide the profitable potential for market expansion. Artificial intelligence and other technological developments have become more widely adopted across important healthcare settings as their penetration has increased. All the factors contribute to accelerating the market growth during the forecast period.

Stroke Post Processing Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)