Neurology Devices Market Size To Reach $21.28 Billion By 2030

Neurology Devices Market Growth & Trends

The global neurology devices market size is estimated to reach USD 21.28 billion by 2030, expanding at a CAGR of 8.90% from 2025 to 2030, according to a new report by Grand View Research, Inc. This expected growth in demand can be ascribed to growing need for development of different neurostimulation techniques with efficient and accurate algorithms for treatment of several CNS associated disorders.

Rise in incidence of cerebral stroke and other severe disorders such as Alzheimer’s disease, epilepsy, and Parkinsonism is expected to fuel demand of neurology devices thereby driving industry growth. According to National Institute of Neurological Disorders and Stroke (NINDS), approximately 50 million Americans are affected due to these disorders leading to high economic & disease costs burden for medical expenses coupled with loss of productivity. The industry is expected to witness a considerable increase in demand for CNS related therapeutic procedures over the forecast period.

 Request a free sample copy or view report summary: Neurology Devices Market Report

Neurology Devices Market Report Highlights

• The rise in home healthcare and remote patient monitoring also fuels the demand for neurology devices

• The neurostimulation segment accounted for 54.59% of the market revenue in 2024, with spinal cord stimulation devices leading this segment

• The interventional neurology segment is projected to grow at a CAGR of 10.51% from 2025 to 2030

• Innovations in coil technology and the introduction of flow diversion devices have significantly improved treatment outcomes, thereby driving market growth

• North America neurology devices market accounted for 39.70% of the global neurology devices market revenue in 2024, driven by the high prevalence of Neurology disorders and a strong healthcare infrastructure

Neurology Devices Market Segmentation

Grand View Research has segmented the global neurology devices market based on product, and region:

Neurology Devices Product Outlook (Revenue, USD Million; 2018 - 2030)

• Neurostimulation

  • Spinal Cord Stimulation

  • Spinal Cord Stimulation

  • Deep Brain Stimulation

  • Sacral Nerve Stimulation

  • Vagus Nerve Stimulation

  • Gastric Electric Stimulation

• Interventional Neurology

  • Aneurysm Coiling and Embolization

    • Embolic Coils

    • Flow Diversion Devices

    • Liquid Embolic Reagents

  • Neurovascular Catheters

    • Micro Catheters

    • Micro Guidewires

  • Cerebral Balloon Angioplasty &Stents

    • Carotid Artery Stents

    • Filter Devices

    • Balloon Occlusion Devices

  • Neurothromobectomy

    • Clot Retrievers

    • Suction Aspiration Devices

    • Snare Devices

• CSF Management Devices

  • Cerebral Shunts

  • Cerebral External Drainage

• Neurosurgery Devices

  • Ultrasonic Aspirators

  • Stereotactic Systems

  • Neuroendoscopes

  • Aneurysm Clips

Neurology Devices Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Thailand

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in Neurology Devices Market

• Medtronic

• Johnson and Johnson Services Inc.

• Penumbra, Inc.

• Microport Scientific Corporation

• Stryker

• Microvention Inc (Terumo Corporation)

• Codman Neuro (Integra Lifesciences)

• Abbott

• Boston Scientific Corporation

• Nexstim

• LivaNova PLC

• Neuropace Inc.

• electroCore, Inc.

• Axonics, Inc.

• Söring GmbH

• CooperSurgical Inc.

• Zimmer Biomet

• Brain lab AG

• Acandis GmbH