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Report
Neurovascular Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 143 Pages I IMARC Group
Market Overview:
The global neurovascular devices market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Neurovascular devices, also known as interventional neurology devices, are used to treat neurovascular disorders, such as ischemic stroke aneurysms, stenosis, arteriovenous malformation, and fistulas. They include embolic coils, liquid embolic agents, flow diversion devices, arterial stents, catheters, and guidewires. They allow physicians to gain endovascular access to the treatment areas in the brain and provide efficient treatment. As a result, they are gaining immense traction in the healthcare industry and are extensively used in the treatment and diagnosis of numerous peripheral and central nervous system disorders and ailments.
Neurovascular Devices Market Trends:
The growing global geriatric population, which is highly susceptible to acquiring these disorders, represents one of the key factors positively influencing the market. These disorders cause moderate to severe damage to the brain, resulting in conditions like strokes and cerebral hemorrhage. This, along with the rising lifestyle disorders, such as obesity, is catalyzing the demand for neurovascular devices across the globe. In addition, rapid urbanization, sedentary lifestyles, and stress are resulting in rising incidences of stroke, which, in turn, is increasing the need for neurovascular devices. The rising awareness among patients about the easy availability of treatment and reimbursement for neurological disorders is increasing the adoption of these devices and strengthening the growth of the market. Furthermore, technological advancements in neurovascular treatments and government initiatives to modernize healthcare infrastructure across the globe are offering a favorable market outlook. Additionally, various initiatives are being undertaken by governments of various countries to generate awareness among the general population about symptoms and measures to be taken in case of emergency and available treatment options. Moreover, rapid expansion of hospitals and surgical centers, ambulatory care centers, research laboratories, and academic institutes is increasing the requirement for neurovascular devices worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global neurovascular devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and end user.
Breakup 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
Breakup by Application:
Ischemic Stroke
Aneurysm
Arteriovenous Malformation and Fistulas (AVM)
Stenosis
Others
Breakup by End User:
Hospitals
Ambulatory Surgical Centers
Clinics
Others
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Terumo Corporation.
Key Questions Answered in This Report
1. What was the size of the global neurovascular devices market in 2022?
2. What is the expected growth rate of the global neurovascular devices market during 2023-2028?
3. What are the key factors driving the global neurovascular devices market?
4. What has been the impact of COVID-19 on the global neurovascular devices market?
5. What is the breakup of the global neurovascular devices market based on the product?
6. What is the breakup of the global neurovascular devices market based on end user?
7. What are the key regions in the global neurovascular devices market?
8. Who are the key players/companies in the global neurovascular devices market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Neurovascular Devices Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product
6.1Cerebral Embolization and Aneurysm Coiling Devices
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Embolic Coils
6.1.2.2 Flow Diverters
6.1.2.3 Liquid Embolic Agents
6.1.3 Market Forecast
6.2Cerebral Angioplasty and Stenting Systems
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Carotid Artery Stents
6.2.2.2 Embolic Protection Devices
6.2.3 Market Forecast
6.3Neurothrombectomy Devices
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Clot Retrieval Devices
6.3.2.2 Suction Devices
6.3.2.3 Vascular Snares
6.3.3 Market Forecast
6.4Support Devices
6.4.1 Market Trends
6.4.2 Key Segments
6.4.2.1 Micro Catheters
6.4.2.2 Micro Guidewires
6.4.3 Market Forecast
7 Market Breakup by Application
7.1Ischemic Stroke
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Aneurysm
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Arteriovenous Malformation and Fistulas (AVM)
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Stenosis
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End User
8.1Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Clinics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Acandis GmbH
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2Asahi Intecc Co. Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3Imperative Care Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4Integer Holdings Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5Johnson & Johnson
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6Medtronic plc
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7MicroPort Scientific Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8Penumbra Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Perflow Medical Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10Rapid Medical
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11Stryker Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12Terumo Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
Figure 1: Global: Neurovascular Devices Market: Major Drivers and Challenges
Figure 2: Global: Neurovascular Devices Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Neurovascular Devices Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Neurovascular Devices Market: Breakup by Product (in %), 2022
Figure 5: Global: Neurovascular Devices Market: Breakup by Application (in %), 2022
Figure 6: Global: Neurovascular Devices Market: Breakup by End User (in %), 2022
Figure 7: Global: Neurovascular Devices Market: Breakup by Region (in %), 2022
Figure 8: Global: Neurovascular Devices (Cerebral Embolization and Aneurysm Coiling Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Neurovascular Devices (Cerebral Embolization and Aneurysm Coiling Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Neurovascular Devices (Cerebral Angioplasty and Stenting Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Neurovascular Devices (Cerebral Angioplasty and Stenting Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Neurovascular Devices (Neurothrombectomy Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Neurovascular Devices (Neurothrombectomy Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Neurovascular Devices (Support Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Neurovascular Devices (Support Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Neurovascular Devices (Ischemic Stroke) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Neurovascular Devices (Ischemic Stroke) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Neurovascular Devices (Aneurysm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Neurovascular Devices (Aneurysm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Neurovascular Devices (Arteriovenous Malformation and Fistulas (AVM)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Neurovascular Devices (Arteriovenous Malformation and Fistulas (AVM)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Neurovascular Devices (Stenosis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Neurovascular Devices (Stenosis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Neurovascular Devices (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Neurovascular Devices (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Neurovascular Devices (Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Neurovascular Devices (Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Neurovascular Devices (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Neurovascular Devices (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Neurovascular Devices (Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Neurovascular Devices (Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Neurovascular Devices (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Neurovascular Devices (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: North America: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: North America: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: United States: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: United States: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Canada: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Canada: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Asia-Pacific: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Asia-Pacific: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: China: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: China: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Japan: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Japan: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: India: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: India: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: South Korea: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: South Korea: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Australia: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Australia: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Indonesia: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Indonesia: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Others: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Others: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Europe: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Europe: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Germany: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Germany: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: France: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: France: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: United Kingdom: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: United Kingdom: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Italy: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Italy: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Spain: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Spain: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Russia: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Russia: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Latin America: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Latin America: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Brazil: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Brazil: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Mexico: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Mexico: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Middle East and Africa: Neurovascular Devices Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Middle East and Africa: Neurovascular Devices Market: Breakup by Country (in %), 2022
Figure 82: Middle East and Africa: Neurovascular Devices Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Global: Neurovascular Devices Industry: SWOT Analysis
Figure 84: Global: Neurovascular Devices Industry: Value Chain Analysis
Figure 85: Global: Neurovascular Devices Industry: Porter's Five Forces Analysis
Table 1: Global: Neurovascular Devices Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Neurovascular Devices Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Neurovascular Devices Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Neurovascular Devices Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Neurovascular Devices Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Neurovascular Devices Market: Competitive Structure
Table 7: Global: Neurovascular Devices Market: Key Players
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