Neurovascular Devices Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The Neurovascular Devices Market size was valued at around USD3.9 billion in 2024 and is projected to reach USD6.5 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.6% during the forecast period, i.e., 2025-30. The Global Neurovascular Device Market is growing rapidly due to several key factors. Around the world, Governments are organizing public awareness campaigns regarding various medications and treatments available for neurological disorders like Parkinson's, heart stroke causes, symptoms, and cures, and Alzheimer's. As per the World Health Organization by 2030, 1 out of 6 humans will surpass 60 years of age and thus will become vulnerable to neurovascular diseases, and thus demand for technologically advanced neurovascular and neurostimulation for patient management and care shall rise. Aging is the main factor that’s behind these diseases. This means that healthcare systems should continuously invest in high-tech equipment to improve diagnosis and treatment, thereby making care more effective.
Markntel Advisor’s Neurovascular Devices Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Neurovascular Devices Market drivers, barriers, Neurovascular Devices Market Trends, and Key Players in Neurovascular Devices Market.
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Neurovascular Devices Market Dynamics: 2025-2030
Neurovascular Devices Market Driver:
Increasing Prevalence of Neurovascular Disorders – The rise of neurovascular disorders is increasing the demand for the neurovascular devices market. For Instance, in 2024, as per the WHO, 1 in 3 people will be affected by a neurovascular condition, which shows the urgent need for effective treatment options. Additionally, more than 3 billion people live with a neurological condition. For instance, as per data published by WHO states that stroke is the leading cause of disability all over the world and it is the leading cause of death and the lifetime risk of developing a stroke has increased by 50% over the last 17 years and around 1 in 4 people is estimated to have a stroke in their lifetime. This rising incidence increases the demand for neurovascular devices, like stent retrievers, embolization devices, and flow diverters, all of which have a key role in the management and prevention of stroke.
Advanced technology in neurovascular devices due to prioritized early diagnosis and minimally invasive treatment options, accelerates market growth. Enhanced treatment efficacy in neurovascular care is seen as a result of innovations in imaging, robotics, and AI-driven diagnostic tools. This further pushes neurovascular care to become accessible and effective all over the globe.
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Neurovascular Devices Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Product Type
o Cerebral Embolization and Aneurysm Coiling Devices-Market Size & Forecast 2020-2030, USD Million
§ Embolic Coils- Market Size & Forecast 2020-2030, (USD Million)
§ Flow Diversion Devices-Market Size & Forecast 2020-2030, (USD Million)
§ Liquid Embolic Agents-Market Size & Forecast 2020-2030, (USD Million)
o Cerebral Balloon Angioplasty and Stenting Systems-Market Size & Forecast 2020-2030, USD Million
§ Carotid Artery Stents- Market Size & Forecast 2020-2030, (USD Million)
§ Embolic Protection Systems-Market Size & Forecast 2020-2030, (USD Million)
o Neurothrombectomy Devices-Market Size & Forecast 2020-2030, USD Million
§ Clot Retreivers- Market Size & Forecast 2020-2030, (USD Million)
§ Suction Devices-Market Size & Forecast 2020-2030, (USD Million)
§ Vascular Snare-Market Size & Forecast 2020-2030, (USD Million)
o Support Device-Market Size & Forecast 2020-2030, USD Million
§ Stroke- Market Size & Forecast 2020-2030, (USD Million)
§ Cerebral Aneurysm-Market Size & Forecast 2020-2030, (USD Million)
§ Carotid Artery Stenosis -Market Size & Forecast 2020-2030, (USD Million)
· By Application
o Cerebral Aneurysms-Market Size & Forecast 2020-2030, USD Million
o Ischemic Stroke-Market Size & Forecast 2020-2030, USD Million
o Other-Market Size & Forecast 2020-2030, USD Million
According to report, By the application, cerebral aneurysms lead the market by holding about 36% share of the entire market.
· By End-User
o Hospital-Market Size & Forecast 2020-2030, USD Million
o Speciality Clinics-Market Size & Forecast 2020-2030, USD Million
o Other-Market Size & Forecast 2020-2030, Thousand
According to report, The largest share of the Neurovascular Devices Market is held by hospitals, accounting for about 60%.
· By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
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Top Companies Operating in the Neurovascular Devices Market:
- Asahi Intecc
- Neuronetics
- Medtronic
- Sahajanand Medical Technologies
- MicroVention
- Acandis
- Abbott Laboratories
- Cerenovus
- Boston Scientific
- iVascular
- Johnson and Johnson
- Neuravi
- Stryker
- Penumbra
- Terumo
- Philips Healthcare
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