Neurovascular Devices Market, By Device Type, By Therapeutic Application, By End User, By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -Size, Share, Outlook, and Opportunity Analysis, 2023

Description

The global neurovascular devices market is estimated to be valued at US$ 2.64 Bn in 2023 and is expected to exhibit a CAGR of 4.1% during the forecast period (2023-2030).

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 2.64 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	4.10%	2030 Value Projection:	US$ 3.5 Bn

Neurovascular/interventional neurological devices are devices that include coils, stents, thrombectomy devices, and other devices used to treat neurovascular diseases such as cerebral aneurysms and neurovascular thrombectomies. Thrombectomies, suction devices, and aspiration devices are used to remove blood clots from the arteries and veins of the brain, which can also cause strokes. Neurovascular devices are used to treat disorders associated with blood vessels that carry oxygenated blood to brain areas.

Market Dynamics

Increasing organic growth strategies such as product approvals by regulatory authorities are expected to drive the market growth over the forecast period. For instance, in July 2020, Cerus Endovascular Ltd., a privately-held, commercial stage medical device company, announced that it has received Conformite Europeenne (CE) Mark approval for its state-of-the-art CerusEndo MC 021 microcatheter, designed to allow physicians to access tortuous neurovasculature and deliver therapeutic devices to intended target. The CerusEndo MC 021 microcatheter is available in multiple distal flexible profiles and offers superior proximal support, which translates to enhanced deliverability and responsiveness in physicians' hands.

Increasing inorganic growth strategies, such as agreements, by key market players to expand their product portfolios is expected to drive the market growth over the forecast period. For instance, in August 2020, Cerus Endovascular Ltd., a privately-held, commercial-stage medical device company announced a distribution agreement with AB Medica Deutschland Verwaltungs GmbH, a wholly-owned subsidiary of Balt, to provide AB Medica Deutschland Verwaltungs GmbH with the exclusive rights to market and sell the newly Conformite Europeenne (CE) marked Contour Neurovascular System and the Neqstent Coil Assisted Flow Diverter devices in Germany.

Key features of the study:

This report provides an in-depth analysis of the global neurovascular devices market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global neurovascular devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
The key companies covered as a part of this study include Medtronic Plc, Koninklijke Philips N.V., Abbott, Johnson & Johnson Service Inc., Merit Medical Systems, Inc., Stryker, Penumbra, Inc., Acandis GmbH & Co. KG, MicroPort Scientific Corporation, Terumo Corporation, Cerus Endovascular Limited., ASAHI INTECC USA, INC., ZYLOX-TONBRIDGE MEDICAL TECHNOLOGY CO., LTD., iVascular, LifeHealthcare, Veiva, and Nordson MEDICAL
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global neurovascular devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neurovascular devices market

Detailed Segmentation:

Global Neurovascular Devices Market, By Device Type:
- Embolization Coils
- Platinum Coils
- Coated Platinum Coils
- Liquid Embolic Coils
- Neurovascular Stents
- Carotid Artery Stents
- Flow Diversion Stents
- Neurothrombectomy Devices
- Clot Retrievers, Aspiration
- Suction Devices
- Vascular Snares
- Embolic Protection Devices
- Distal Filter Devices
- Balloon Occlusion Devices
- Neurovascular Supporting Devices
- Microcatheters
- Microguidewire
Global Neurovascular Devices Market, By Therapeutic Application:
- Cerebral Aneurysms
- Ischemic Stroke
- Cerebral Artery Stenosis
- Arteriovenous Malformations (AVMs)
- AV Fistulas
- Others
Global Neurovascular Devices Market, By End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
Global Neurovascular Devices Market, By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
Company Profiles
- Medtronic Plc
- Koninklijke Philips N.V.
- Abbott
- Johnson & Johnson Service Inc.
- Merit Medical Systems, Inc.
- Stryker
- Penumbra, Inc.
- Acandis GmbH & Co. KG
- MicroPort Scientific Corporation
- Terumo Corporation
- Cerus Endovascular Limited.
- ASAHI INTECC USA, INC.
- ZYLOX-TONBRIDGE MEDICAL TECHNOLOGY CO., LTD.
- iVascular
- LifeHealthcare
- Veiva
- Nordson MEDICAL

Product Code: CMI4224

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Device Type
- Market Snapshot, By Therapeutic Application
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
Partnership Scenario
Brand and Pricing Analysis
Distributors Landscape
Porters Analysis
Technological Advancements
Key Developments
Market Trend

4. Global Neurovascular Devices Market- COVID-19 Impact Analysis

Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand

5. Global Neurovascular Devices Market, By Device Type, 2018 - 2030, (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Embolization Coils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Platinum Coils
Coated Platinum Coils
Liquid Embolic Coils
Neurovascular Stents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Carotid Artery Stents
Flow Diversion Stents
Neurothrombectomy Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Clot Retrievers
Aspiration/Suction Devices
Vascular Snares
Embolic Protection Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Distal Filter Devices
Balloon Occlusion Devices
Neurovascular Supporting Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Microcatheters
Microguidewires

6. Global Neurovascular Devices Market, By Therapeutic Application, 2018 - 2030, (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Cerebral Aneurysms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Ischemic Stroke
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Cerebral Artery Stenosis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Arteriovenous Malformations (AVMs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
AV Fistulas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)

7. Global Neurovascular Devices Market, By End User, 2018 - 2030, (US$ Billion)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Specialty Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Billion)

8. Global Neurovascular Devices Market By Region, 2018 - 2030, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2018-2030
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2018 - 2030, (US$ Billion)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018- 2030, (US$ Billion)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018- 2030, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018- 2030, (US$ Billion)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018- 2030, (US$ Billion)
GCC
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Therapeutic Application, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 - 2030, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018- 2030, (US$ Billion)
North Africa
Central Africa
South Africa

9. Competitive Landscape

Medtronic Plc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Koninklijke Philips N.V.
Abbott
Johnson & Johnson Service Inc.
Merit Medical Systems, Inc.
Stryker
Penumbra, Inc.
Acandis GmbH & Co. KG
MicroPort Scientific Corporation
Terumo Corporation
Cerus Endovascular Limited.
ASAHI INTECC USA, INC.
ZYLOX-TONBRIDGE MEDICAL TECHNOLOGY CO., LTD.
iVascular
LifeHealthcare
Veiva
Nordson MEDICAL

10. Section

Research Methodology
About Us

Neurovascular Devices Market, By Device Type, By Therapeutic Application, By End User, By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030