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Neurovascular Devices Market Size

  • Report ID: GMI794
  • Published Date: Apr 2023
  • Report Format: PDF

Neurovascular Devices Market Size

Neurovascular Devices Market size reached USD 3.9 billion in 2022 and is estimated to witness 6.5% CAGR between 2023 and 2032. Mounting incidences of ischemic strokes to strengthen the business outlook.

 

Neurovascular Devices Market

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A remarkable surge in incidences of ischemic strokes and brain aneurysm across North America will enhance market performance over the next ten years. Besides, the growing prevalence of several neurological disorders will further add to market progress. For instance, according to a recent study published in The Lancet, neurological disorders were among the most common sources of health loss in the EU28 and the WHO European region.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for neurovascular devices was valued at USD 3.9 billion in 2022 and is poised to exhibit a 6.5% CAGR from 2023 to 2032 due to the surging prevalence of ischemic strokes and brain aneurysm across North America.

The neurovascular devices market from the flow diverters segment is estimated to witness a 7.5% CAGR through 2032, attributed to an increased cognizance of distinctive treatment options for intracranial aneurysm.

The ischemic stroke segment amassed over 40% of the global market share in 2022, given the growing prevalence of ischemic strokes and the rising popularity of minimally invasive procedures.

Notable firms in the neurovascular devices industry include Asahi Intecc Co. Ltd., Integer Holdings Corporation, Johnson & Johnson Services, Kaneka Medix Corp. Medtronic, MicroPort Scientific Corporation, Merit Medical System, Penumbra, Inc., Stryker, and Terumo Corporation.

Neurovascular Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 630
  • Countries covered: 44
  • Pages: 462
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