Neurovascular Devices Market reached US$ 3.8 billion in 2023 and is expected to reach US$ 8.4 billion by 2033 - Medtronic plc, Stryker Corporation, Terumo Corporation.

The global neurovascular devices market reached US$ 3.8 billion in 2023 and is expected to reach US$ 8.4 billion by 2033, growing at a CAGR of 9.4% during the forecast period 2025-2033.

Neurovascular Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Neurovascular devices are medical instruments used to diagnose and treat conditions affecting the brain's blood vessels, such as strokes, aneurysms, and arteriovenous malformations (AVMs). These devices include clot retrievers, embolic coils, flow diverters, and stents that help restore blood flow and prevent complications. Advances in minimally invasive procedures and AI-driven imaging have enhanced the effectiveness of neurovascular treatments. These innovations play a crucial role in improving patient outcomes by enabling faster and more precise interventions. The neurovascular device market is growing due to an aging population and increasing cases of cerebrovascular diseases.
List of the Key Players in the Neurovascular Devices Market:

Medtronic plc, Stryker Corporation, Terumo Corporation, MicroPort Scientific Corporation, Johnson & Johnson, Penumbra, Inc., ASAHI INTECC USA, INC., Acandis GmbH, Rapid Medical, NeuroVasc Technologies, Inc.

Industry Development:

In February 2024, CERENOVUS, Inc., a Johnson & Johnson MedTech company, introduced the CEREGLIDE 71 Intermediate Catheter, a next-generation device featuring TruCourse technology for acute ischemic stroke revascularization. As the latest addition to the CEREGLIDE Family of Catheters, this innovation enhances the CERENOVUS STROKE SOLUTIONS portfolio. Designed for optimized direct aspiration, it also facilitates the precise delivery of compatible stent retrievers, including the EMBOTRAP III Revascularization Device, into the neurovasculature.

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Growth Forecast Projected:

The Global Neurovascular Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Neurovascular Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Neurovascular Devices Market:

By Product: Aneurysm Coiling & Embolization Devices, Cerebral Balloon Angioplasty and Stenting Systems, Support Devices, Neurothrombectomy Devices, Other.

By Disease: Aneurysm, Ischemic Strokes, Cerebral Aneurysms, Arteriovenous Malformation and Fistulas, Other.

Regional Analysis for Neurovascular Devices Market:

The regional analysis of the Neurovascular Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Neurovascular Devices market?

➠ Who are the leading manufacturers in the global Neurovascular Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Neurovascular Devices industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Neurovascular Devices market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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