Stroke Post Processing Software Market Size
Stroke Post Processing Software Market size was valued at around USD 169.1 million in 2023 and is estimated to grow at 8.4% CAGR from 2024 to 2032. Stroke post-processing software refers to a type of software designed to assist medical professionals in analyzing and interpreting medical imaging data related to strokes.
The increasing prevalence of stroke globally is a significant catalyst for the growth of the stroke post-processing software market. Several factors contribute to the rising incidence of strokes worldwide, including an aging population, sedentary lifestyles, unhealthy diets, and an increase in risk factors such as hypertension, diabetes, and obesity. According to Center for Disease Control and Prevention (CDC) data, the U.S. witnesses a stroke occurrence every 40 seconds, resulting in a fatality every 3 minutes and 14 seconds.
Stroke Post Processing Software Market Report Attributes
Report Attribute |
Details |
Base Year: | 2023 |
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Stroke Post Processing Software Market Size in 2023: | USD 169.1 Million |
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Forecast Period: | 2024 - 2032 |
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Forecast Period 2024 - 2032 CAGR: | 8.4% |
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2032 Value Projection: | USD 347.2 Million |
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Historical Data for: | 2021 – 2023 |
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No. of Pages: | 140 |
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Tables, Charts & Figures: | 251 |
Segments covered: | Installation, Modality, Type, End-use, and Region |
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Growth Drivers: | - Increasing prevalence of stroke globally
- Advancements in stroke post processing software
- Growing adoption of AI and machine learning
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Pitfalls & Challenges: | - High cost of software
- Limited accessibility and training
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Annually, more than 795,000 people in the U.S. suffer from strokes, with approximately 610,000 of these being initial incidents. Ischemic strokes, responsible for obstructing blood flow to the brain, constitute roughly 87% of all stroke occurrences. These statistics underscore the substantial market demand and business opportunities for stroke prevention, diagnosis, and treatment solutions, including advanced post-processing software and innovative medical technologies.
Furthermore, advancements in stroke post-processing software are pivotal in overcoming challenges related to stroke management, which is estimated to reach USD 60 billion by 2032, diagnosis and treatment. These include the creation of advanced algorithms for precise image segmentation, quantitative analysis, and visualization of affected areas. By utilizing these capabilities, healthcare providers gain detailed insights from imaging data, enhancing diagnostic accuracy and treatment planning.
Stroke Post Processing Software Market Trends
- The increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies is driving growth in the stroke post-processing software market. These technologies excel in analyzing medical imaging data, detecting abnormalities, and forecasting patient outcomes.
- Integrating AI and ML into stroke software enables automated lesion segmentation, quantitative analysis, and predictive modeling based on imaging data. These advancements enhance diagnostic accuracy, treatment planning, and offer potential insights into stroke mechanisms for identifying new therapeutic avenues.
Stroke Post Processing Software Market Analysis
Based on installation, the market is divided into desktop, mobile phones & tablets. The desktop segment of the market is forecasted to reach USD 220.2 million by 2032, displaying robust growth propelled by several key factors.
- Desktop stroke post-processing software offers advanced features such as intricate image analysis, comprehensive reporting tools, and customizable settings, catering to the complex needs of medical professionals.
- Its superior performance and processing power enable swift analysis of medical imaging data, crucial for time-sensitive situations such as stroke diagnosis.
- Furthermore, desktop solutions seamlessly integrate into existing hospital systems and workflows, interfacing with other medical software and equipment, streamlining data management, and enhancing overall efficiency.
- The larger screen size and ergonomic interface facilitate precise image interpretation and manipulation, aiding radiologists, and neurologists in detecting subtle signs of stroke and improving patient care.
- Thus, as healthcare institutions prioritize efficiency, accuracy, and innovation in stroke care, the demand for advanced desktop software solutions is expected to continue surging in the years to come.
Based on modality, the stroke post processing software market is bifurcated into CT scan, and MRI. The MRI segment accounted for USD 121.1 million in 2023.
- MRI's superior soft tissue contrast allows for clearer visualization of stroke-affected brain regions, improving diagnostic accuracy and treatment planning.
- Innovations such as diffusion-weighted imaging (DWI) and perfusion-weighted imaging (PWI) have increased MRI's sensitivity in detecting acute ischemic strokes, bolstering healthcare professionals' confidence in its utility.
- The global rise in stroke cases has spurred demand for precise diagnostic tools, met by MRI-based post-processing software offering automated lesion detection, infarct volume quantification, and tissue viability assessment. These advancements streamline diagnostics, facilitating quicker decision-making and better patient outcomes.
- Therefore, with these trends set to continue, the MRI segment is positioned for further growth and innovation in the years ahead.
Based on type, the stroke post processing software market is bifurcated into ischemic stroke, hemorrhagic stroke, and other types. The ischemic stroke segment accounted for USD 139 million in 2023.
- This dominance can be attributed to its high prevalence, accounting for approximately 80-85% of all strokes, which translates to a larger user base for such software.
- Additionally, the pressing medical need for accurate diagnosis and management of ischemic strokes, coupled with advancements in imaging technology and research and development efforts, has spurred the demand for sophisticated post-processing software tailored to this specific type of stroke.
- Furthermore, favorable regulatory environments and reimbursement policies further incentivize healthcare providers to invest in technologies that enhance patient outcomes, propelling the adoption of ischemic stroke post-processing software in clinical settings.
Based on end-use, the stroke post processing software market is bifurcated into hospitals & clinics, specialty centers, and other end-users. The hospitals & clinics stroke segment accounted for USD 115 million in 2023.
- Hospitals and clinics are crucial in stroke care, requiring timely and precise diagnosis. Stroke post-processing software aids in quickly analyzing CT and MRI scans, vital for identifying stroke-related issues and planning treatments.
- With access to advanced medical imaging, these facilities invest in innovative software to enhance diagnostic capabilities and streamline workflows, empowering radiologists and neurologists with accurate interpretation and analysis tools.
- Moreover, tertiary, and academic medical centers, handling a high volume of stroke cases, drive demand for specialized software tailored to stroke care needs.
The U.S. stroke post processing software market is forecasted to reach USD 126.3 million by 2032.
- The prevalence of strokes in the U.S. is on the rise due to numerous factors such as an aging population, sedentary lifestyles, and increasing prevalence of risk factors such as hypertension and diabetes.
- Therefore, there is a growing need for efficient and effective stroke diagnosis and treatment, stimulating the demand for advanced software solutions.
The stroke post processing software market in UK is expected to experience significant and promising growth from 2024 to 2032.
- Increasing investments in healthcare IT infrastructure and the adoption of electronic health records (EHRs) across healthcare facilities in the UK are creating a conducive environment for the integration of stroke post-processing software into clinical workflows. This integration can streamline data analysis, improve communication among healthcare teams, and enhance overall patient care.
Japan stroke post processing software market is anticipated to witness lucrative growth between 2024 – 2032.
- The Japanese government has been actively investing in healthcare infrastructure and technology to address the evolving healthcare needs of its population. Initiatives aimed at promoting the adoption of digital health technologies, including advanced imaging and diagnostic tools, are likely to drive the growth of the post-processing software market.
- Government funding and support for research and development in the healthcare sector will further fuel innovation in post-processing software solutions.
The stroke post processing software market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
- The rapid advancement of technology, particularly in medical imaging and artificial intelligence, has revolutionized stroke diagnosis and treatment. Advanced post-processing software offers clinicians the ability to analyze complex imaging data quickly and accurately, aiding in timely diagnosis and treatment decision-making.
- Therefore, as healthcare providers in Saudi Arabia strive to adopt the latest technologies to improve patient outcomes, the demand for sophisticated post-processing software solutions is expected to soar.Top of Form
Stroke Post Processing Software Market Share
The stroke post processing software sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.
Stroke Post Processing Software Market Companies
Some of the eminent market participants operating in the stroke post processing software industry include:
- Agfa-Gevaert NV
- Aidoc
- Avicenna.AI
- Brainomix
- Canon Inc.
- F. Hoffmann-La Roche Ltd.
- GE HealthCare Technologies Inc.
- icometrix
- Koninklijke Philips N.V.
- Nicolab B.V.
- RapidAI
- Siemens Healthineers AG
- Subtle Medical, Inc.
- SymphonyAI
- Viz.ai, Inc.
Stroke Post Processing Software Industry News:
- In November 2023, Brainomix, the AI-powered medtech solutions company, announced its ongoing expansion into the U.S. market by unveiling its comprehensive suite of FDA-cleared modules integrated into its Brainomix 360 platform tailored for stroke care. This product launch not only extended the company's geographical reach but also bolstered its revenue streams.
- In November 2022, Viz.ai unveiled a collaborative venture with Cercare Medical, a leading provider of advanced medical imaging solutions utilizing CT and MRI technology. This partnership aimed to integrate Cercare Perfusion, an intuitive and fully automated perfusion software tailored to individual patient needs, into the Viz.ai platform. The integration of Cercare Perfusion technology into the Viz.ai platform not only enriched the company's primary AI-driven neurovascular offerings but also amplified the platform's overall functionality and capabilities, providing a competitive edge in the market.
The stroke post processing software market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
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Market, By Installation
- Desktop
- Mobile phones & tablets
Market, By Modality
Market, By Type
- Ischemic stroke
- Hemorrhagic stroke
- Other types
Market, By End-use
- Hospitals & clinics
- Specialty centers
- Other end-users
The above information is provided for the following regions and countries:
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa