Vertebrobasilar Artery Syndrome Treatment Market Analysis

  • Report ID: 3462
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Vertebrobasilar Artery Syndrome Treatment Market Analysis

Diagnosis {Magnetic Resonance Angiography (MRA), MRI, Echocardiogram (ECG)}

The global vertebrobasilar artery syndrome treatment market is segmented and analyzed for demand and supply by diagnosis into magnetic resonance angiography (MRA), MRI, Echocardiogram (ECG), and others. Out of these segments, the MRI segment is estimated to gain the largest market share of about 38% in the year 2036. One of the major factors of the segment growth is the rising use of MRI in various applications in the healthcare industry owing to its various advantages. According to recent statistics, it has been calculated that U.S. medical professionals perform approximately 30 million MRI scans every year. Furthermore, it has been estimated that the workforce of MRI technologists is estimated to grow by 9% between 2018 and 2028. Furthermore, the ease of analyzing the arteries for any blockage through MRI technologies is also estimated to fuel segment growth.

Distribution Channel (Hospital, Specialty Clinic, Pharmacies)

The global market is also segmented and analyzed for demand and supply by distribution channel into hospitals, specialty clinics, pharmacies, and others. Amongst these segments, the hospital segment is expected to garner a significant share of around 46% in the year 2036. The growth of the segment can be accredited to the large number of patients requiring advanced care and hospitalized for surgery or treatment of chronic conditions such as vertebrobasilar artery syndrome. The hospital also has the equipment and staff necessary for vertebrobasilar artery syndrome treatment. For instance, by the year 2022, there were noted to be approximately 6,100 hospitals in the United States. Hospitals provide a wide range of medical care. Physicians, called hospital doctors, typically specialize in internal medicine, pediatrics, or general practice which helps in vertebrobasilar artery syndrome treatment. All these factors couple up to bring lucrative opportunities for segment growth during the forecast period.

Our in-depth analysis of the global market includes the following segments:

        By Diagnosis

  • Magnetic Resonance Angiography (MRA)
  • MRI
  • Echocardiogram (ECG)
  • Others

        By Treatment

  • Surgery
  • Medication

        By Drug Class

  • Antihistamine
  • Anticholinergic
  • Antiplatelet

        By Distribution Channel

  • Hospital
  • Specialty Clinic
  • Pharmacies
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3462
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of vertebrobasilar artery syndrome treatment is assessed at USD 46.82 Billion.

The vertebrobasilar artery syndrome treatment market size was valued at USD 45.95 Billion in 2023 and is set to reach USD 60.2 Billion by the end of 2036, expanding at around 2.1% CAGR during the forecast period i.e., between 2024-2036. The increasing spending in the field of protein chemistry, immunology, molecular biology, biochemistry, and microbiology are the major factors driving the market growth.

Asia Pacific is projected to be the largest with a share of about 35% by 2036, on the back of emergent healthcare infrastructure and improvement in medical facilities in developing nations, such as India, China, Bangladesh, Singapore, and Indonesia, among others.

Abbott Laboratories, Merck & Co., Inc., Siemens Healthcare GmbH, Boehringer Ingelheim International GmbH, Johnson & Johnson Services, Inc., Baxter International, Inc., Novartis AG, Sanofi-aventis Groupe, AbbVie Inc., Pfizer Inc.
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