The North America Neurovascular Devices Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
The primary element driving the market's growth is the increase in the elderly population. In addition, other elements, including the upsurge in the use of neurovascular devices and the rise in the prevalence of neurovascular disorders, support market expansion. Furthermore, the market for neurovascular devices is also growing for additional reasons, such as the explosion in technological breakthroughs linked to these devices. Also, participants in the neurovascular devices market have lucrative potential owing to the rapid development rates displayed by developing countries.
The market is anticipated to experience growth during the forecast period because of the increasing incidence of neurological conditions and the increasing adoption of neurovascular devices for diagnosing and treating ailments. Neurovascular conditions, such as brain aneurysms, carotid artery disease, arteriovenous malformations (AVMs), and intracranial atherosclerotic disease, significantly negatively impact health and the world economy. These conditions can lead to neurological issues, including subarachnoid hemorrhage, stroke, disability, and even death.
In the United States, stroke is the main factor responsible for most of the long-term disabilities. According to CDC statistics, one in six cardiovascular disease-related fatalities in 2020 was caused by stroke. Around 87% of all strokes were ischemic strokes, in which the blood supply to the brain is blocked. Throughout 2017 and 2018, the cost of stroke in the United States was over $53 billion. Stroke is primarily brought on by high blood pressure, smoking, high cholesterol, obesity, and diabetes. At least one of the aforementioned conditions or behaviors affects one in three adults in the United States.
The US market dominated the North America Neurovascular Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,119.7 million by 2028. The Canada market is poised to grow at a CAGR of 10.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.6% during (2022 - 2028).
Based on End User, the market is segmented into Hospital & Surgery Centers, Ambulatory Care Centers and Research laboratories & Academic Institutes. Based on Technology, the market is segmented into Embolization & Coiling (Embolic Coils, Flow Diversion Devices and Liquid Embolic Agents), Neurothrombectomy Devices (Clot Retrievers, Suction & Aspiration Devices, and Snares), Cerebral Balloon Angioplasty & Stenting Systems (Carotid Artery Stents and Embolic Protection Systems), and Support Devices (Microcatheters and Microguidewires). Based on Disease Pathology, the market is segmented into Cerebral Aneuryms, Ischemic Strokes, Cartoid Artery Stenosis, Arteriovenous Malformation & Fistulas (AVM) and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Neurovascular Devices Market is Predict to reach $4.2 Billion by 2028, at a CAGR of 8.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Medtronic PLC, Stryker Corporation, Johnson & Johnson, Terumo Corporation, Merit Medical Systems, Inc., MicroPort Scientific Corporation, Medikit Co. Ltd., and W. L. Gore & Associates, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Hospital & Surgery Centers
- Ambulatory Care Centers
- Research laboratories & Academic Institutes
By Technology
- Embolization & Coiling
- Embolic Coils
- Flow Diversion Devices
- Liquid Embolic Agents
- Neurothrombectomy Devices
- Clot Retrievers
- Suction & Aspiration Devices
- Snares
- Cerebral Balloon Angioplasty & Stenting Systems
- Carotid Artery Stents
- Embolic Protection Systems
- Support Devices
- Microcatheters
- Microguidewires
By Disease Pathology
- Cerebral Aneuryms
- Ischemic Strokes
- Cartoid Artery Stenosis
- Arteriovenous Malformation & Fistulas (AVM)
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Medtronic PLC
- Stryker Corporation
- Johnson & Johnson
- Terumo Corporation
- Merit Medical Systems, Inc.
- MicroPort Scientific Corporation
- Medikit Co. Ltd.
- W. L. Gore & Associates, Inc.
TABLE 1 North America Neurovascular Devices Market, 2018 - 2021, USD Million
TABLE 2 North America Neurovascular Devices Market, 2022 - 2028, USD Million
TABLE 3 North America Neurovascular Devices Market by End User, 2018 - 2021, USD Million
TABLE 4 North America Neurovascular Devices Market by End User, 2022 - 2028, USD Million
TABLE 5 North America Hospital & Surgery Centers Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Hospital & Surgery Centers Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Ambulatory Care Centers Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Ambulatory Care Centers Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Research laboratories & Academic Institutes Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Research laboratories & Academic Institutes Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Neurovascular Devices Market by Technology, 2018 - 2021, USD Million
TABLE 12 North America Neurovascular Devices Market by Technology, 2022 - 2028, USD Million
TABLE 13 North America Embolization & Coiling Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Embolization & Coiling Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Neurovascular Devices Market by Embolization & Coiling Type, 2018 - 2021, USD Million
TABLE 16 North America Neurovascular Devices Market by Embolization & Coiling Type, 2022 - 2028, USD Million
TABLE 17 North America Embolic Coils Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Embolic Coils Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Flow Diversion Devices Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Flow Diversion Devices Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Liquid Embolic Agents Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Liquid Embolic Agents Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Neurothrombectomy Devices Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Neurothrombectomy Devices Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Neurovascular Devices Market by Neurothrombectomy Devices Type, 2018 - 2021, USD Million
TABLE 26 North America Neurovascular Devices Market by Neurothrombectomy Devices Type, 2022 - 2028, USD Million
TABLE 27 North America Clot Retrievers Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Clot Retrievers Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Suction & Aspiration Devices Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Suction & Aspiration Devices Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Snares Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Snares Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Cerebral Balloon Angioplasty & Stenting Systems Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Cerebral Balloon Angioplasty & Stenting Systems Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2018 - 2021, USD Million
TABLE 36 North America Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2022 - 2028, USD Million
TABLE 37 North America Carotid Artery Stents Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Carotid Artery Stents Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Embolic Protection Systems Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Embolic Protection Systems Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Support Devices Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Support Devices Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Neurovascular Devices Market by Support Devices Type, 2018 - 2021, USD Million
TABLE 44 North America Neurovascular Devices Market by Support Devices Type, 2022 - 2028, USD Million
TABLE 45 North America Microcatheters Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Microcatheters Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Microguidewires Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Microguidewires Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Neurovascular Devices Market by Disease Pathology, 2018 - 2021, USD Million
TABLE 50 North America Neurovascular Devices Market by Disease Pathology, 2022 - 2028, USD Million
TABLE 51 North America Cerebral Aneuryms Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Cerebral Aneuryms Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Ischemic Strokes Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Ischemic Strokes Market by Country, 2022 - 2028, USD Million
TABLE 55 North America Cartoid Artery Stenosis Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Cartoid Artery Stenosis Market by Country, 2022 - 2028, USD Million
TABLE 57 North America Arteriovenous Malformation & Fistulas (AVM) Market by Country, 2018 - 2021, USD Million
TABLE 58 North America Arteriovenous Malformation & Fistulas (AVM) Market by Country, 2022 - 2028, USD Million
TABLE 59 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 60 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 61 North America Neurovascular Devices Market by Country, 2018 - 2021, USD Million
TABLE 62 North America Neurovascular Devices Market by Country, 2022 - 2028, USD Million
TABLE 63 US Neurovascular Devices Market, 2018 - 2021, USD Million
TABLE 64 US Neurovascular Devices Market, 2022 - 2028, USD Million
TABLE 65 US Neurovascular Devices Market by End User, 2018 - 2021, USD Million
TABLE 66 US Neurovascular Devices Market by End User, 2022 - 2028, USD Million
TABLE 67 US Neurovascular Devices Market by Technology, 2018 - 2021, USD Million
TABLE 68 US Neurovascular Devices Market by Technology, 2022 - 2028, USD Million
TABLE 69 US Neurovascular Devices Market by Embolization & Coiling Type, 2018 - 2021, USD Million
TABLE 70 US Neurovascular Devices Market by Embolization & Coiling Type, 2022 - 2028, USD Million
TABLE 71 US Neurovascular Devices Market by Neurothrombectomy Devices Type, 2018 - 2021, USD Million
TABLE 72 US Neurovascular Devices Market by Neurothrombectomy Devices Type, 2022 - 2028, USD Million
TABLE 73 US Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2018 - 2021, USD Million
TABLE 74 US Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2022 - 2028, USD Million
TABLE 75 US Neurovascular Devices Market by Support Devices Type, 2018 - 2021, USD Million
TABLE 76 US Neurovascular Devices Market by Support Devices Type, 2022 - 2028, USD Million
TABLE 77 US Neurovascular Devices Market by Disease Pathology, 2018 - 2021, USD Million
TABLE 78 US Neurovascular Devices Market by Disease Pathology, 2022 - 2028, USD Million
TABLE 79 Canada Neurovascular Devices Market, 2018 - 2021, USD Million
TABLE 80 Canada Neurovascular Devices Market, 2022 - 2028, USD Million
TABLE 81 Canada Neurovascular Devices Market by End User, 2018 - 2021, USD Million
TABLE 82 Canada Neurovascular Devices Market by End User, 2022 - 2028, USD Million
TABLE 83 Canada Neurovascular Devices Market by Technology, 2018 - 2021, USD Million
TABLE 84 Canada Neurovascular Devices Market by Technology, 2022 - 2028, USD Million
TABLE 85 Canada Neurovascular Devices Market by Embolization & Coiling Type, 2018 - 2021, USD Million
TABLE 86 Canada Neurovascular Devices Market by Embolization & Coiling Type, 2022 - 2028, USD Million
TABLE 87 Canada Neurovascular Devices Market by Neurothrombectomy Devices Type, 2018 - 2021, USD Million
TABLE 88 Canada Neurovascular Devices Market by Neurothrombectomy Devices Type, 2022 - 2028, USD Million
TABLE 89 Canada Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2018 - 2021, USD Million
TABLE 90 Canada Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2022 - 2028, USD Million
TABLE 91 Canada Neurovascular Devices Market by Support Devices Type, 2018 - 2021, USD Million
TABLE 92 Canada Neurovascular Devices Market by Support Devices Type, 2022 - 2028, USD Million
TABLE 93 Canada Neurovascular Devices Market by Disease Pathology, 2018 - 2021, USD Million
TABLE 94 Canada Neurovascular Devices Market by Disease Pathology, 2022 - 2028, USD Million
TABLE 95 Mexico Neurovascular Devices Market, 2018 - 2021, USD Million
TABLE 96 Mexico Neurovascular Devices Market, 2022 - 2028, USD Million
TABLE 97 Mexico Neurovascular Devices Market by End User, 2018 - 2021, USD Million
TABLE 98 Mexico Neurovascular Devices Market by End User, 2022 - 2028, USD Million
TABLE 99 Mexico Neurovascular Devices Market by Technology, 2018 - 2021, USD Million
TABLE 100 Mexico Neurovascular Devices Market by Technology, 2022 - 2028, USD Million
TABLE 101 Mexico Neurovascular Devices Market by Embolization & Coiling Type, 2018 - 2021, USD Million
TABLE 102 Mexico Neurovascular Devices Market by Embolization & Coiling Type, 2022 - 2028, USD Million
TABLE 103 Mexico Neurovascular Devices Market by Neurothrombectomy Devices Type, 2018 - 2021, USD Million
TABLE 104 Mexico Neurovascular Devices Market by Neurothrombectomy Devices Type, 2022 - 2028, USD Million
TABLE 105 Mexico Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2018 - 2021, USD Million
TABLE 106 Mexico Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2022 - 2028, USD Million
TABLE 107 Mexico Neurovascular Devices Market by Support Devices Type, 2018 - 2021, USD Million
TABLE 108 Mexico Neurovascular Devices Market by Support Devices Type, 2022 - 2028, USD Million
TABLE 109 Mexico Neurovascular Devices Market by Disease Pathology, 2018 - 2021, USD Million
TABLE 110 Mexico Neurovascular Devices Market by Disease Pathology, 2022 - 2028, USD Million
TABLE 111 Rest of North America Neurovascular Devices Market, 2018 - 2021, USD Million
TABLE 112 Rest of North America Neurovascular Devices Market, 2022 - 2028, USD Million
TABLE 113 Rest of North America Neurovascular Devices Market by End User, 2018 - 2021, USD Million
TABLE 114 Rest of North America Neurovascular Devices Market by End User, 2022 - 2028, USD Million
TABLE 115 Rest of North America Neurovascular Devices Market by Technology, 2018 - 2021, USD Million
TABLE 116 Rest of North America Neurovascular Devices Market by Technology, 2022 - 2028, USD Million
TABLE 117 Rest of North America Neurovascular Devices Market by Embolization & Coiling Type, 2018 - 2021, USD Million
TABLE 118 Rest of North America Neurovascular Devices Market by Embolization & Coiling Type, 2022 - 2028, USD Million
TABLE 119 Rest of North America Neurovascular Devices Market by Neurothrombectomy Devices Type, 2018 - 2021, USD Million
TABLE 120 Rest of North America Neurovascular Devices Market by Neurothrombectomy Devices Type, 2022 - 2028, USD Million
TABLE 121 Rest of North America Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2018 - 2021, USD Million
TABLE 122 Rest of North America Neurovascular Devices Market by Cerebral Balloon Angioplasty & Stenting Systems Type, 2022 - 2028, USD Million
TABLE 123 Rest of North America Neurovascular Devices Market by Support Devices Type, 2018 - 2021, USD Million
TABLE 124 Rest of North America Neurovascular Devices Market by Support Devices Type, 2022 - 2028, USD Million
TABLE 125 Rest of North America Neurovascular Devices Market by Disease Pathology, 2018 - 2021, USD Million
TABLE 126 Rest of North America Neurovascular Devices Market by Disease Pathology, 2022 - 2028, USD Million
TABLE 127 Key Information – Abbott Laboratories
TABLE 128 Key Information – Medtronic PLC
TABLE 129 key Information – Stryker Corporation
TABLE 130 Key information –Johnson & Johnson
TABLE 131 Key Information – Terumo Corporation
TABLE 132 Key Information – Merit Medical Systems, Inc.
TABLE 133 key Information – MicroPort Scientific Corporation
TABLE 134 Key Information – Medikit Co. Ltd.
TABLE 135 Key Information – W. L. Gore & Associates, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Abbott laboratories
FIG 3 Swot analysis: Medtronic plc