Neurovascular Devices Market: Innovations in Stroke and Aneurysm Treatment

Jasmit Singh
4 min readSep 30, 2024

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As per Fortune Business Insights’ report, the Neurovascular Devices Market share sector attained a worth of USD 3.43 Billion in 2023. Forecasts indicate a promising path, foreseeing a Compound Annual Growth Rate (CAGR) of 8.7% from 2023 to 2032. This trajectory will culminate in a noteworthy achievement of USD 7.30 Billion by 2032, highlighting considerable opportunities within this flourishing high-volume industry. North America dominated the market in 2023.

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In a recent study, Fortune Business Insights presents the nitty-gritty of the global Neurovascular Devices Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities, and market growth trends. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

Top Companies in the Neurovascular Devices Market:

  • Medtronic (U.S.)
  • Penumbra, Inc. (U.S.)
  • Stryker (U.S.)
  • Johnson and Johnson Services, Inc. (CERENOVUS) (U.S.)
  • MicroPort Scientific Corporation (China)
  • Acandis GmbH (Germany)
  • MicroVention, Inc. (U.S.)
  • NeuroVasc Technologies, Inc. (U.S.)
  • ASAHI INTECC CO., LTD. (Japan)
  • Perflow Medical Ltd. (Israel)

The Neurovascular Devices Market study outlines the key regions of North America, Latin America, Europe, East Asia, and Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing, and gross margin.

Neurovascular Devices Market Dynamics:

  • Rising Prevalence of Cerebrovascular Diseases: The increasing incidence of stroke, aneurysms, and other neurovascular disorders drives demand for advanced devices and treatment options.
  • Advancements in Minimally Invasive Procedures: The shift towards less invasive treatments, such as endovascular interventions for aneurysms and stroke, fuels the development and adoption of neurovascular devices.
  • Technological Innovations and Improved Device Design: Continuous advancements in device design, materials, and delivery systems enhance treatment efficacy, reduce complications, and expand the range of treatable conditions.
  • Aging Population and Increased Lifespan: The growing elderly population is at higher risk for cerebrovascular diseases, leading to increased demand for preventive measures and treatment options.
  • Focus on Patient Outcomes and Quality of Life: There’s a growing emphasis on improving patient outcomes and quality of life following neurovascular procedures, driving the development of devices that minimize complications and facilitate faster recovery.

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The insights for each vendor consist of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing, and gross margin

Crucial insights in the Neurovascular Devices Market research:

  1. Underlying macro- and microeconomic factors impacting the growth of the Neurovascular Devices Market.
  2. Basic overview of Neurovascular Devices Market, including market definition, classification, and applications.
  3. Scrutinization of each Neurovascular Devices Market player based on mergers & acquisitions, R&D projects, and product launches.
  4. Adoption trend of Neurovascular Devices Market across various industries.
  5. Important regions and countries offer lucrative opportunities to Neurovascular Devices Market stakeholders.

Important regions covered in the Neurovascular Devices Market report include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Table of Contents:

1. Introduction

1.1 Research Scope

1.2 Customer Segmentation

1.3 Data Gathering Strategies

1.4 Key Definitions & Caveats

2. Executive Summary

3. Market Dynamics

3.1 Neurovascular Devices Market Drivers

3.2 Neurovascular Devices Market Restraints

3.3 Market Opportunities

4. Key Insights

4.1 Value Chain

4.2 Major M&A moves and game-changing partnerships.

4.3 Covid-19 Impact

5. Future of the Healthcare Industry

6. Competitive Landscape

7. Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

8. Neurovascular Devices Market Growth Size 2024

9. Strategies Adopted by Leading Players

10. Company Profiles (Overview, Financials, Products and Services, and Recent Developments)

11. Disclaimer

TOC Continued…!

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FAQ’s

  1. How big is the Neurovascular Devices Market?
  2. What factors are influencing the Neurovascular Devices Market growth in North America?
  3. Who are the key Neurovascular Devices Market players?

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