PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378694
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378694
Global acute ischemic stroke (AIS) market is estimated to be valued at US$ 9.21 Bn in 2023, and is expected to exhibit a CAGR of 4.0% during the forecast period (2023-2030).
Report Coverage | Report Details | ||
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Base Year: | 2022 | Market Size in 2023: | US$ 9.21 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: | 4.00% | 2030 Value Projection: | US$ 12.12 Bn |
Acute ischemic stroke (AIS) occurs when blood flow through a brain artery is obstructed by a clot, which is a thickened mass of blood. Clots are classified as either thrombotic or embolic depending on where these form in the body. The most common type of stroke is a thrombotic stroke thatoccurs when a clot forms within a brain artery. An embolic stroke occurs when a clot or small piece of plaque (fatty deposit) breaks off from another part of the body such as the heart, and travels through the bloodstream before becoming lodged in a narrower vessel in the brain. Large vessel occlusion (LVO) is responsible for nearly half of all acute ischemic strokes. LVO is the most serious and debilitating type of stroke because the clot blocks large arteries, and prevents blood flow to essential parts of the brain.
Increasing inorganic growth strategies such as partnership by key market players, in order to expand their product portfolio is expected to drive the global acute ischemic stroke (AIS) market growth over the forecast period. For instance, in December 2021, Simcere Pharmaceutical Group Ltd, a biotechnology company, and Avilex Pharma (Avilex), a clinical-stage biotechnology company that focuses on developing innovative medicines for neurological disorders, announced a strategic regional licensing partnership to develop and commercialize medicines that target the postsynaptic density protein 95 (PSD-95) to treat acute ischemic stroke (AIS) and other neurological conditions in greater China. The agreement granted Simcere Pharmaceutical Group Ltd an exclusive regional license to develop and commercialize AVLX-144, Avilex's 2-ready dimeric PSD-95 inhibitor, for the treatment of AIS and other neurological conditions. AVLX-144 is a dimeric peptide-like drug candidate for the treatment of AIS that targets the intracellular scaffolding protein- PSD-95. AVLX-144 is an extensively optimized dimeric PSD-95 inhibitor and a clinical lead candidate for the treatment of acute conditions such as AIS and subarachnoid hemorrhage (SAH).
Acute Ischemic Stroke (AIS) Market Detailed Segmentation: