Stroke Assistive Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Stroke Assistive Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : May, 2021 | Healthcare IT

Report Digest

Global Stroke Assistive Devices Market: Overview

The demand within the global stroke assistive devices market is anticipated to grow at a stupendous pace in the times to follow. The occurrence of a stroke can cripple patients of several activities and movements, driving them towards various forms of handicaps. In severe cases, strokes can become a cause of reduced mobility for the sufferers. Therefore, management of strokes plays an important role in progressive recovery amongst patients. In recent times, the healthcare industry has made robust efforts to manage strokes, and create a congenial and healthy setup for patients recovering from strokes. Henceforth, the total volume of revenues within the stroke assistive devices market is slated to increase in the times to follow.

In this custom review, the global stroke assistive devices market has been analysed in detail. The trends that have shaped the growth graph of this market are elucidated herein. Besides, assistive and adaptive technologies have been at the forefront of healthcare advancements. The popularity of these technologies shall emerge as a goldmine for the stakeholders and vendors existing in the global stroke assistive devices market. This review also debunks the various obscure trends that are impacting the growth of the stroke assistive devices market.

Global Stroke Assistive Devices Market: Notable Developments

  • The prominent players operating in the global stroke assistive devices market are focusing on refining and revamping their offerings. Manufacturing of adaptive equipment, wheelchairs, orthotic devices, assistive aids, and mobility devices has increased by a noticeable volume in recent times. Furthermore, in the absence of alternative technologies, the use of stroke assistive devices is bound to multiply in the times to follow.
  • The healthcare industry functions in tandem with medical device and equipment manufacturers. This collaboration between healthcare entities and device manufacturers is slated to help market vendors in earning a boatload of fresh revenues.

Leading Market Players

  • Health Robotics S.R.L.
  • Mazor Robotics Ltd.
  • Intuitive Surgical Inc.
  • Accuray, Inc.

Global Stroke Assistive Devices Market: Growth Drivers

  • Advancements in Post-Stroke Care

Several reasons could account for the occurrence of a stroke, and this is an important consideration for the medical fraternity. Researchers find that post-stroke care plays an important role in accelerating the pace of recovery amongst patients. In addition to this, the occurrence of a stroke itself can be a cause of trauma and stress amongst patients. Therefore, several assistive technologies and equipment are used to manage the occurrence of strokes in humans. This factor is indicative of the inflow of voluminous revenues into the global stroke assistive devices market. Furthermore, the need for independent functioning in humans who have suffered a stroke has also given a thrust to market expansion.

  • Changing Lifestyles of the Masses

The healthcare industry has elevated its bar of investment in novel devices and technologies. The changing lifestyles of the masses have increased their vulnerability to strokes and cardiac arrests. This has compelled the healthcare sector to maintain a robust pool of technologies that can provide emergency care. This is an important consideration while assessing the growth dynamics of the global stroke assistive devices market. The availability of home-care assistive devices has also helped in garnering the attention of the masses in recent times. The availability of government-sponsored funds to improve healthcare offerings across national healthcare units is projected to ramp up sales within the market.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?