Neurovascular Medical Devices Market size was valued at USD 2.3 Billion in 2024 and is forecasted to grow at a CAGR of 8.3% from 2026 to 2033, reaching USD 4.5 Billion by 2033.
In 2022, the global neurovascular medical devices market was valued at USD 3.2 billion, with a projected compound annual growth rate (CAGR) of 7.5% from 2023 to 2032. North America led the market, accounting for the largest revenue share, driven by advanced healthcare infrastructure and a high prevalence of neurovascular diseases. The regions growth is further supported by substantial government funding for brain disorder research, exemplified by the U.S. governments allocation of approximately USD 8.5 billion for such initiatives. Europe also held a significant market share, attributed to an increasing geriatric population and rapid technological advancements in neurovascular treatments. The Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period. This surge is due to rising awareness of neurovascular devices and significant increases in healthcare expenditure. For instance, healthcare spending per capita in ASEAN countries averages USD 544, representing 4% of GDP, with nations like Singapore and Brunei spending USD 2,273 and USD 1,449 per capita, respectively. In India, the neurovascular devices market generated a revenue of USD 203.3 million in 2024 and is expected to reach USD 309.4 million by 2030, growing at a CAGR of 7.2% from 2025 to 2030. This growth is driven by increasing cases of cerebrovascular diseases and improvements in healthcare infrastructure. Similarly, Chinas market is expanding rapidly due to a high prevalence of neurological disorders and the presence of numerous local and key players. These trends underscore the substantial opportunities for market expansion in the Asia Pacific region.
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Stryker Corporation
Johnson & Johnson
Medtronic
Terumo
Penumbra
Microport Scientific Corporation
Abbott Vascular
W.L. Gore
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Neurovascular Medical Devices Market
Interventional Neurology Devices
Neurostimulation Devices
Neurovascular Surgery Devices
Intracranial Pressure Monitors
Angioplasty Balloons
Stents
Embolization Coils
Catheters
Neurovascular Guidewires
Stroke
Aneurysms
Arteriovenous Malformations (AVM)
Cerebral Hemorrhages
Ischemic Diseases
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Academic and Research Institutions
Robotic-Assisted Surgery
Angiographic Imaging Systems
Magnetic Resonance Imaging (MRI) Devices
Computed Tomography (CT) Devices
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Neurovascular Medical Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Neurovascular Medical Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Neurovascular Medical Devices Market, By Type
6. Global Neurovascular Medical Devices Market, By Application
7. Global Neurovascular Medical Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Neurovascular Medical Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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