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What are the latest figures on the interventional neurology devices and equipment market’s size and projected CAGR?
The interventional neurology devices and equipment market size has grown strongly in recent years. It will grow from $2.33 billion in 2024 to $2.54 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to cardiovascular disease prevalence, aging population, patient demand for minimally invasive procedures, clinical guidelines and research.
The interventional neurology devices and equipment market size is expected to see strong growth in the next few years. It will grow to $3.61 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to personalized medicine, telehealth integration, global access to healthcare, robot-assisted interventions. Major trends in the forecast period include advanced imaging technologies, artificial intelligence (ai) in interventional cardiology, complex lesion treatments, next-generation drug-eluting stents (des).
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Which Market drivers have played a significant role in driving the interventional neurology devices and equipment market?
Increase in the prevalence of neurological disorders cases is expected to drive the growth of the Interventional neurology devices market. Neural disorders such as Alzheimer’s disease, cerebrovascular diseases including stroke, migraine, and other headache disorders are on the rise. The rapid increase in the geriatric population, high-stress levels in young individuals, and head injuries due to accidents are the main reasons for neural disorders. For instance, according to the Brain Aneurysm Foundation, a US-based organization for brain aneurysm awareness and education, it is estimated that in the United States, 6 million people suffer from unruptured brain aneurysms. Also, according to the World Health Organization, a US-based health organization, over 50 million people worldwide have epilepsy, and more than 47 million are affected by dementia. Therefore, increase in the prevalence of neurological disorders is going to propel the growth of the Interventional neurology devices market going forward.
What are the key segments within the interventional neurology devices and equipment market?
The interventional neurology devices and equipment market covered in this report is segmented –
1) By Type: Aneurysm Coiling And Embolization Devices, Cerebrospinal Fluid Management Devices, Neurothrombectomy Devices, Support Devices
2) Aneurysm Coiling And Embolization Devices By Type: Embolic coils, Flow diversion devices, Liquid embolic devices
3) Angioplasty Devices by Type: Carotid artery stents, Embolic protection systems
4) Support Devices By Type, Micro guide wires, Micro catheters
5) Neurothrombectomy Devices By Type: CLOT retrieval devices, Suction and aspiration devices, Snare
6) By End-User: Hospitals, Neurology clinics, Ambulatory care centers and others
Subsegments:
1) By Aneurysm Coiling And Embolization Devices: Flow Diverters, Embolic Coils, Liquid Embolics
2) By Cerebrospinal Fluid (CSF) Management Devices: CSF Shunts, CSF Drainage Systems
3) By Neurothrombectomy Devices: Clot Retrievers, Aspiration Devices, Snares
4) By Support Devices: Microcatheters, Guidewires
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Which key players are shaping the interventional neurology devices and equipment market?
Major companies operating in the interventional neurology devices and equipment market include Medtronic plc, Stryker Corporation, Terumo Corporation, Penumbra Inc., COVIDien, Abbott Laboratories, Merit Medical Systems Inc., W. L. Gore & Associates, Bayer AG, MicroPort Scientific Corporation, Boston Scientific Corporation, Johnson & Johnson, Medikit Co. Ltd., Acandis GmbH, Biosensors International Ltd., Integra LifeSciences Holdings Corporation, Magstim C-Ltd., UreSil LLC, Cook Group Incorporated, Siemens Healthineers, B. Braun Melsungen AG, Integer Holdings Corporation, Nihon Kohden Corporation, LivaNova, Teleflex Incorporated, Balt Extrusion SAS, Rapid Medical Ltd., phenox GmbH, Spiegelberg GmbH & Co. KG
How will industry trends affect the trajectory of the interventional neurology devices and equipment market?
Stryker Inc.’s latest technological development Neuroform Atlas Stent System is expected to provide significant results to treat brain aneurysms with embolic coils. The introduction of such technologies would drive the interventional neurological device market in the future. The Atlas stent system provides great support during the coiling procedures, and it has been designed s to provide the coil support and wall apposition needed to perform an effective stent-assisted coiling procedure. Neuroform Atlas has enhanced stent conformability, a low-profile delivery system, and high deployment accuracy even in distal anatomy making it the latest choice of the neuro-surgeons, thereby steering the market.
Which geographic trends are shaping the interventional neurology devices and equipment market, and which region has the highest market share?
North America was the largest region in the global interventional neurology devices and equipment market in 2023. Asia-Pacific was the second-largest region in the interventional neurology devices and equipment market. The regions covered in the interventional neurology devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Interventional Neurology Devices And Equipment Market Report 2025 Offer?
The interventional neurology devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Interventional neurology devices are specialized instruments used in minimally invasive treatments for neurological conditions. They include tools such as stents, catheters, and coils, which help in procedures to treat brain aneurysms, stroke, and spinal disorders.
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