Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Neurothrombectomy Devices Market Outlook

The global neurothrombectomy devices market was valued at USD 703.14 million in 2023 and is expected to grow at a CAGR of 5.5% during the forecast period of 2024-2032 as a result of the increasing number of incidences of acute ischemic stroke.

Neurothrombectomy Devices Market

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Market Segmentation

Neurothrombectomy devices are used in cerebral neurovasculature to retrieve blood clotting. It reduces the patient mortality rate.

Neurothrombectomy Devices Market By Segments

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The neurothrombectomy devices market can be broadly categorized based on:

  • End-Use
    • Hospitals 
    • Ambulatory Surgical Centres
    • Emergency Clinics 
    • Others 
  • Product Type 
    • Vascular Snares
    • Clot Retrievers
    • Aspiration/Suction Devices

The EMR report looks into the regional markets of neurothrombectomy devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

The global neurothrombectomy devices market is being driven by the rising unhealthy lifestyle of individuals, along with the growing awareness about diseases. The other factors leading to the growth of the industry are technological advancements, rising population consciousness, and increasing rate of acute ischemic strokes.

Europe is the largest market shareholder in the industry due to the rising number of patients suffering from acute ischemic stroke, increasing endorsements for neurothrombectomy devices, and the launch of new products by companies. North America is expected to grow significantly in the forecast period as a result of technological advancements, increasing cases of ischemic stroke, and the growing demand for insignificantly intrusive surgeries.

Neurothrombectomy Devices Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global neurothrombectomy devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Medtronic (NYSE: MDT)
  • iPhenox Gmbh
  • Acandis Gmbh
  • Vesalio
  • Penumbra, Inc
  • Stryker Corporation
  • Others

The EMR report gives an in-depth insight into the neurothrombectomy devices market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • End User
  • Region
Breakup by Product Type
  • Clot Retrieval Devices
  • Aspiration Devices 
  • Vascular Snares
  • Others
Breakup by End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Medtronic
  • Acandis GmbH
  • Stryker
  • Phenox GmbH
  • Boston Scientific Corporation
  • Abbott
  • Terumo Corporation
  • W.L. Gore & Associatess, Inc.
  • Vesalio, LLC
  • Teleflex Incorporated
  • Edwards Lifesciences Corporation
  • ARGON MEDICAL
  • Koninklijke Philips N.V.
  • Microport Scientific Corporation
  • Johnson & Johnson Private Limited
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global neurothrombectomy devices market attained a value of nearly USD 703.14 million.

The market is projected to grow at a CAGR of 5.5% between 2024 and 2032.

The major drivers of the industry such as unhealthy lifestyle, growing health awareness, growing investment in the medical sector, and demand for minimally invasive surgeries are expected to aid the market growth.

Growing technological advancements and the increasing number of incidences of acute ischemic stroke are the key market trends guiding the growth of the market.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share in the market.

Vascular snares, clot retrievers, and aspiration/suction devices are the major product types in the industry.

The significant end-use segments of the product include hospitals, ambulatory surgical centres, and emergency clinics, among others.

The major players in the industry are Medtronic Plc, iPhenox GmbH, Acandis GmbH, Vesalio LLC, Penumbra, Inc., and Stryker Corporation, among others.

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