How big is the Neurovascular Devices Market | Size, Share & Forecast 2025

Code: MTA8424 Publication Date: Sep 2025

What is the size of Neurovascular Devices Market?

According to 6Wresearch internal database and industry insights, the Global Neurovascular Devices Market was valued at USD 3 Billion in 2024 and is expected to reach USD 4.2 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).

The increasing rate of stroke and aneurysm, leverage for minimally invasive neurovascular procedures, availability of more healthcare infrastructure that supports early intervention and endovascular treatment are the main drivers of growth.

Growth Factors for Neurovascular Devices Industry

  • Expanding stroke incidence boosting the need for thrombectomy and embolization procedures.
  • Growing geriatric population at a higher risk for stroke and other neurovascular conditions.
  • Continuing developments in imaging guided catheter-based procedures.
  • Physician shift for preference to less invasive, targeted treatments.
  • Increase in healthcare spend supporting neurointervention units and specialty care.

Neurovascular Devices Market Trends

The neurovascular devices market is witnessing notable trends, particularly in the development of next-generation thrombectomy systems, embolic coils, and stent retrievers. The miniaturization of devices, improved navigation abilities, and synergy with imaging modalities are all helping clinicians become safer and faster, and there is no slowing down these trends in favour of clinical workflow improvements in neurointerventional environments.

Flow diversion and aspiration catheters are also gaining in efficacy and uptake by users, and manufacturers are prioritizing and bringing to market, new multi-functional devices, along with hydrophilic coating for better deliverability. Investigation for continuous education and clinical practice projects are also contributing to the growth of services around neurovascular care in health centres.

Emerging Developments in the Neurovascular Devices Market

The neurovascular devices market is evolving with emerging developments such as AI-assisted angiography, hybrid neurovascular suites, and robotic navigation systems. Organizations continue to invest in real-time 3D imaging platforms in order to improve intra-operative visualization and increase procedural accuracy.

Via strategic acquisitions and partnerships, medical device companies are expanding their neurovascular product portfolios, conducting clinical studies to support product approvals, especially for devices used in managing ischemic stroke and aneurysm. Manufacturers are also focusing on reusable systems and precision-based neurovascular kits.

List of Leading Companies in the Neurovascular Devices Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Stryker Corporation

Company NameStryker Corporation
Established Year1941
HeadquartersMichigan, United States
Official WebsiteClick Here

Stryker develops a wide range of neurovascular products including stent retrievers, coils, and access systems for stroke and aneurysm care.

2. Medtronic

Company NameMedtronic
Established Year1949
HeadquartersDublin, Ireland
Official WebsiteClick Here

Medtronic offers neurovascular solutions such as flow diverters, embolization coils, and thrombectomy devices.

3. Johnson & Johnson (CERENOVUS)

Company NameJohnson & Johnson (CERENOVUS)
Established Year1886
HeadquartersNew Brunswick, United States
Official WebsiteClick Here

CERENOVUS, a part of Johnson & Johnson, provides advanced neurovascular intervention devices targeting stroke and hemorrhagic conditions.

4. Penumbra Inc.

Company NamePenumbra Inc.
Established Year2004
HeadquartersCalifornia, United States
Official WebsiteClick Here

Penumbra focuses on innovative aspiration systems and thrombectomy tools for treating acute ischemic stroke.

5. MicroVention Inc.

Company NameMicroVention Inc.
Established Year1997
HeadquartersCalifornia, United States
Official WebsiteClick Here

MicroVention, a Terumo company, specializes in neuroendovascular technologies including embolic coils and balloon catheters.

6. Terumo Corporation

Company NameTerumo Corporation
Established Year1921
HeadquartersTokyo, Japan
Official WebsiteClick Here

Terumo provides neurovascular access systems, coils, and stents for a wide range of neurointerventional procedures.

7. Phenox GmbH

Company NamePhenox GmbH
Established Year2005
HeadquartersBochum, Germany
Official WebsiteClick Here

Phenox manufactures neurovascular implants and tools designed for stroke intervention and aneurysm occlusion.

8. Acandis GmbH

Company NameAcandis GmbH
Established Year2006
HeadquartersPforzheim, Germany
Official WebsiteClick Here

Acandis specializes in stents and microcatheters for the treatment of cerebral vascular diseases.

9. Balt Group

Company NameBalt Group
Established Year1977
HeadquartersMontmorency, France
Official WebsiteClick Here

Balt Group offers a portfolio of neurovascular catheters, coils, and embolic agents used in minimally invasive interventions.

10. Rapid Medical

Company NameRapid Medical
Established Year2008
HeadquartersYokneam, Israel
Official WebsiteClick Here

Rapid Medical develops adjustable neurovascular devices including clot retrievers and flow diverters for ischemic stroke.

How big is the Neurovascular Devices Market : FAQ's

The neurovascular devices market is projected to reach USD 4.2 Billion by 2031.
Key companies include Stryker, Medtronic, CERENOVUS, Penumbra, and MicroVention.
Market competition is influenced by product innovation, regulatory approvals, and increasing demand for high-performance minimally invasive devices.
Growth trends include adoption of next-generation clot retrieval devices, flow-diverting stents, AI-assisted imaging, and hybrid neurointervention
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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