Global Neurovascular Devices Market Research Report: Forecast (2025-2030)

Market Definition

A neurovascular device is any device used to address issues about the blood supply of the brain and spinal cord. It assists doctors in dealing with illnesses such as strokes, aneurysms, or blockages of blood flow. In treating stroke, neurovascular devices include stents, coils, and catheters, which enhance blood flow, prevent brain hemorrhage, and have a high percentage of patient recovery.

Market Insights & Analysis: Global Neurovascular Devices Market (2025-30):

The Global Neurovascular Devices Market size was valued at around USD3.9 billion in 2024 and is projected to reach USD6.5 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.6% during the forecast period, i.e., 2025-30. The Global Neurovascular Device Market is growing rapidly due to several key factors. Around the world, Governments are organizing public awareness campaigns regarding various medications and treatments available for neurological disorders like Parkinson's, heart stroke causes, symptoms, and cures, and Alzheimer's. As per the World Health Organization by 2030, 1 out of 6 humans will surpass 60 years of age and thus will become vulnerable to neurovascular diseases, and thus demand for technologically advanced neurovascular and neurostimulation for patient management and care shall rise. Aging is the main factor that’s behind these diseases. This means that healthcare systems should continuously invest in high-tech equipment to improve diagnosis and treatment, thereby making care more effective.

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Awareness regarding neurological disorders has increased during the past years, and this has led to an increase in people going for medical care. Thus, demand would rise for neurovascular devices. Easy access to health care also contributes to market expansion as patients are diagnosed and treated by advanced medical devices. So, the neurovascular device market will keep growing in the coming years due to continued investment in research and innovation.

For treating neurological diseases, governments all over the world are under pressure to invest more and more in research and development to increase the demand for neurovascular devices. For instance, the National Institute on Aging allocated USD 4 billion in 2023 to research and treatment of Alzheimer’s and stroke. All funding eventually leads to the development of better technology and, consequently, better diagnostic tools and treatment to improve patient care.

Similarly, the National Programme for Non-Communicable Diseases of India has targeted an improvement in the management of neurological disorders. It encourages the use of neurovascular devices and advanced diagnostic approaches for better treatment. Advances in research, on their part, develop new and better medical tools in a simpler way, and easier diagnosis and treatment lead to better lives for patients in general.

Global Neurovascular Devices Market Driver:

Increasing Prevalence of Neurovascular Disorders – The rise of neurovascular disorders is increasing the demand for the neurovascular devices market. For Instance, in 2024, as per the WHO, 1 in 3 people will be affected by a neurovascular condition, which shows the urgent need for effective treatment options. Additionally, more than 3 billion people live with a neurological condition. For instance, as per data published by WHO states that stroke is the leading cause of disability all over the world and it is the leading cause of death and the lifetime risk of developing a stroke has increased by 50% over the last 17 years and around 1 in 4 people is estimated to have a stroke in their lifetime. This rising incidence increases the demand for neurovascular devices, like stent retrievers, embolization devices, and flow diverters, all of which have a key role in the management and prevention of stroke.

Advanced technology in neurovascular devices due to prioritized early diagnosis and minimally invasive treatment options, accelerates market growth. Enhanced treatment efficacy in neurovascular care is seen as a result of innovations in imaging, robotics, and AI-driven diagnostic tools. This further pushes neurovascular care to become accessible and effective all over the globe.

Global Neurovascular Devices Opportunity:

Rapid Advancements & Adoption of Minimally Invasive Procedures – The minimally invasive procedure increasingly favors the surgical approaches by offering reduced pain, shorter hospital stays, faster recovery times, and improved cosmetic outcomes. Minimally invasive surgery can significantly enhance the surgical process for patients. Minimal invasive surgeries have the benefits of quick healing periods, short periods of staying in the hospital, less disruption of tissue, which gives fewer scars, and hence lower chances of infection. Medical practice has launched more such types of devices for treatments. The latest advancement in minimally invasive techniques is a kind of robotic procedure performed through one small incision in the abdomen. Therefore, it brings higher precision and visualization that could be accomplished or achieved with this advanced technique. For instance;

• In 2024, Medtronic launched its NeurSmartTM portable microelectrode recording navigation system for deep brain stimulation to treat diseases like Parkinson including tumors, stiffness, and difficulty in walking. DBS is a small pacemaker-like device that sends electrical signals through very thin wires that target brain-related symptoms.

Global Neurovascular Devices Market Challenge:

High Cost of Acquiring & Implementing Advanced Technology – One of the major factors that hold the Neurovascular devices market is the need for regular maintenance of the advanced devices and regular monitoring of the proper functioning of the devices and apparatus, as well as updated software to make the system adherent to new surgical methods and imaging techniques. These improvements can be costly and require time to replace the old hardware with the new one and change the software. Additionally, the complexity of training medical staff to use these advanced systems effectively adds to the overall cost. This makes it challenging for some hospitals, especially in emerging markets, to adopt these cutting-edge technologies, limiting their widespread adoption.

Global Neurovascular Devices Trend:

Integration of Artificial Intelligence and Machine Learning – The Global Neurovascular Devices Market is rapidly evolving with the integration of artificial intelligence and advanced machine technologies. This will enhance precision in the diagnosis, planning of treatment, and device placement for stroke management as well as aneurysm treatment. One such recent product development is Siemens Healthiness's AI-based neurovascular imaging solutions. These tools offer support for real-time stroke detection, based on the analysis of CT and MRI scans for faster decision times and timely intervention. These are seamlessly integrated with robotic-assisted neurovascular devices to increase the accuracy of surgery.

In addition, the integration of AI and robotics is aimed at minimizing human errors, enhancing patient safety, and providing personalized care. With AI technology advancing in the future, the neurovascular devices market is expected to be revolutionized by groundbreaking innovations, making treatments more accessible, efficient, and personalized.

Global Neurovascular Devices Market (2025-30): Segmentation Analysis

The Global Neurovascular Devices Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment. It includes predictions for the period 2025-2030 at the global level. Based on the analysis, the market has been further classified as:

Based on Application:

• Cerebral Aneurysms
• Ischemic Stroke
• Other

By the application, cerebral aneurysms lead the market by holding about 36% share of the entire market. It is due to the rising prevalence of cerebral aneurysms globally and an increasing number of patients seeking endovascular treatments, as well as the growing focus on manufacturing and the hike in research and development for getting new technologically advanced neurovascular devices into the market. Additionally, the evidence of an increase in adoption rates from the improvement in minimally invasive procedures that include coiling and stenting, with the attendant increased application of those devices, ensures further research and development into precision and patient-specific care by companies that introduce innovative solutions like reduced recovery times with an increased emphasis on patient safety.

Based on End-User:

• Hospital
• Specialty Clinics
• Other

The largest share of the Neurovascular Devices Market is held by hospitals, accounting for about 60%. This is because hospitals play a crucial role in advanced healthcare delivery. The demand is increasing due to the rising cases of strokes, aneurysms, and other neurological disorders that require immediate and specialized treatment. Equipped with cutting-edge technology and expert professionals, hospitals ensure timely diagnosis and intervention. Their integration of neurovascular devices, including stents, coils, and AI-driven imaging systems, enhances accuracy and patient outcomes. In addition, growing awareness about minimally invasive procedures as well as upgraded healthcare infrastructure has further amplified the demand. A hospital remains an indispensable source providing life-saving neurovascular treatments, fostering trust and hope in patients globally.

Global Neurovascular Devices Market (2025-30): Regional Projections

Geographically, the Global Neurovascular Devices Market expands across:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

North America has the largest share of the Global Neurovascular Devices Market. This is attributed to its aging population and high incidence of stroke. In 2024, the region accounted for approximately 43.15% of the market. The increasing prevalence of neurovascular conditions plays an important role in the aging demographic. With the growing population, there is an increase in the possibility of stroke and other cerebrovascular diseases, thus increasing the demand for diagnosis and therapeutic tools. In the United States, stroke is among the leading causes of death, aging, and disability, as nearly 795,000 people have a stroke every year, according to the CDC in 2023. To meet this demand, advanced neurovascular devices, including stents, coils, and thrombectomy tools, are increasingly being adopted by hospitals and healthcare providers in North America. The technologies improve patient outcomes and fuel market growth, ensuring the region's biggest market in the neurovascular devices industry.

Global Neurovascular Devices Industry Recent Development:

•  November 2024: Philip Health's technology and innovation introduced the new Azurion to specialist interventionalists in cardiology, neurology, vascular, and surgery. It is designed to streamline neurovascular procedures, help the care team make the right decisions, and treat more patients faster.

Gain a Competitive Edge with Our Global Neurovascular Devices Market Report

1. Global Neurovascular Devices Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Global Neurovascular Devices Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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