Neurovascular Devices Market Overview
The global neurovascular devices market size was valued at USD 3.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.7 Billion by 2033, exhibiting a CAGR of 4.9% from 2025-2033. This growth is driven by the increasing prevalence of neurovascular disorders such as strokes and aneurysms, advancements in minimally invasive technologies, and a growing geriatric population. North America leads the market, holding a 27.8% share in 2024, attributed to advanced healthcare infrastructure and strong research support.
Study Assumption Years
- Base Year: 2024
- Historical Years: 2019-2024
- Forecast Years: 2025-2033
Neurovascular Devices Market Key Takeaways
- Market Size and Growth: The market is expected to grow from USD 3.0 billion in 2024 to USD 4.7 billion by 2033, at a CAGR of 4.9%.
- Regional Performance: North America dominates with a 27.8% market share in 2024, driven by advanced healthcare infrastructure and high adoption of innovative devices.
- Product Segmentation: Key products include cerebral embolization and aneurysm coiling devices, cerebral angioplasty and stenting systems, neurothrombectomy devices, and support devices.
- Application Areas: Devices are primarily used for ischemic stroke, aneurysm, arteriovenous malformation and fistulas (AVM), stenosis, and other neurovascular conditions.
- End Users: Hospitals, ambulatory surgical centers, clinics, and other healthcare facilities are the primary users of neurovascular devices.
Market Growth Factors
Technological advancement: Continuous improvements have been witnessed in neurovascular devices such as flow diverters, thrombectomy devices, and embolization coils as they interact, all together, to enhance procedural outcomes. Such minimally invasive approach helps in reducing risk and promotes quick recovery time and personalization options thus accelerating their acceptance in the health systems around the globe.
Regulatory: The reimbursement schemes adopted in different countries are ensuring that neurovascular interventions become available and affordable in terms of cost. Hence an enabling regulatory environment hastens the uptake of advanced devices in providing effective intervention to patients suffering from neurovascular conditions with reasonable speed.
Growing Market Demand: Increasing prevalence of neurovascular diseases with an aging population susceptible toward them has further added to the demand for those effective solutions. The rise in demand for advanced neurovascular devices, in turn, is being fueled by increased awareness and early diagnosis, contributing to the very growth of the market.
Request Sample For PDF Report: https://www.imarcgroup.com/neurovascular-devices-market/requestsample
Market Segmentation:
Analysis by Product:
- Cerebral Embolization and Aneurysm Coiling Devices
- Embolic Coils
- Flow Diverters
- Liquid Embolic Agents
- Cerebral Angioplasty and Stenting Systems
- Carotid Artery Stents
- Embolic Protection Devices
- Neurothrombectomy Devices
- Clot Retrieval Devices
- Suction Devices
- Vascular Snares
- Support Devices
- Micro Catheters
- Micro Guidewires
Analysis by Application:
- Ischemic Stroke
- Aneurysm
- Arteriovenous Malformation and Fistulas (AVM)
- Stenosis
- Others.
Analysis by End User:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key Players:
- Acandis GmbH
- Asahi Intecc Co. Ltd.
- Imperative Care Inc.
- Integer Holdings Corporation
- Johnson & Johnson
- Medtronic plc
- MicroPort Scientific Corporation
- Penumbra Inc.
- Perflow Medical Ltd.
- Rapid Medical
- Stryker Corporation
- Terumo Corporation
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.