Neurovascular Devices Market Analysis Report 2025 - Future Challenges and Industry Growth Outlook

Neurovascular Devices Market Analysis Report 2025 - Future Challenges and Industry Growth Outlook

Canada neurovascular devices market is slated to witness significant growth at a 4.0% CAGR in the estimated timeframe. This growth is likely to be credited to increasing incidences and mortality associated with stroke in the country. Rising consumer awareness along with the presence of organizations like The Canadian Neurovascular Health Society that emphasizes on the research of neurovascular conditions may stimulate business growth in the coming years.

Neurovascular devices are expected to record stellar demand on the back of increasing prevalence of neurological disorders such as brain aneurysms and acute ischemic stroke. As per recent statistics by World Stroke Organization, around 17 million people suffer from stroke worldwide each year. Stroke is said to be one of the leading causes of death in the U.S.

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The rising incidences of stroke and intracranial aneurysm have undoubtedly played a major role in uplifting the product landscape of the neurovascular devices market. According to reliable sources, stroke affects about 800,000 Americans every year, and is a leading cause of disability in the continent, listed as the fifth leading cause of death. The statistics clearly validate that strokes which lead to poor blood flow to the brain are increasing at an exponential rate in the recent years.

Strokes have been found to be successfully addressed by endovascular surgical techniques, which by extension will fuel neurovascular devices market outlook over the forecast period. Estimates claim that the stent retriever product segment, driven by the rising worldwide stoke rate, will record a commendable y-o-y growth over 2019-2025.

It is imperative to mention that Cerenovus has significantly disrupted the embolic coils based neurovascular devices market by launching its smallest and softest embolic finishing coil – the Galaxy G3 mini coil.

The embolic coil for the record is used extensively in the endovascular treatment of cerebral aneurysms & hemorrhagic stroke. The increasing geriatric population base which is most prominently susceptible to ischemic strokes and brain aneurysms, has been the key driving force behind the massive adoption of embolic coils. In fact, as per estimates, embolic coils segment was a major revenue ground for the overall industry in 2018 – as per estimates, embolic coils-based neurovascular devices market size was valued at USD 400 million in the same year. Industry analysts further anticipate the embolic coils based neurovascular devices industry to witness a commendable CAGR over 2019-2025.

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Partial Chapter of the Table of Content

Chapter 4. Neurovascular Devices Market, By Product

4.1. Key segment trends

4.2. Embolic coils

4.2.1.    Market size, by region, 2014 – 2025 (USD Million)

4.2.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.3. Carotid stents

4.3.1.    Market size, by region, 2014 – 2025 (USD Million)

4.3.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.4. Intracranial stents

4.4.1.    Market size, by region, 2014 – 2025 (USD Million)

4.4.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.5. Catheters

4.5.1.    Market size, by region, 2014 – 2025 (USD Million)

4.5.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.6. Embolic protection devices

4.6.1.    Market size, by region, 2014 – 2025 (USD Million)

4.6.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.7. Flow diverters

4.7.1.    Market size, by region, 2014 – 2025 (USD Million)

4.7.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.8. Neurothrombectomy devices

4.8.1.    Market size, by region, 2014 – 2025 (USD Million)

4.8.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.9. Intrasaccular devices

4.9.1.    Neurovascular Devices Market size, by region, 2014 – 2025 (USD Million)

4.9.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.10.    Balloon systems

4.10.1. Market size, by region, 2014 – 2025 (USD Million)

4.10.2.    Market size, by region, 2014 – 2025 (000’ Units)

4.11.    Stent retrievers

4.11.1. Market size, by region, 2014 – 2025 (USD Million)

4.11.2.    Neurovascular Devices Market size, by region, 2014 – 2025 (000’ Units)

4.12.    Guidewires

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