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 : February, 2023 | 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.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?