Global Neurothrombectomy Devices Market Size & Outlook
Global neurothrombectomy devices market, 2018-2030 (US$M)
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Global neurothrombectomy devices market highlights
- The global neurothrombectomy devices market generated a revenue of USD 695.5 million in 2023 and is expected to reach USD 1,102.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, clot retrievers accounted for a revenue of USD 405.0 million in 2023.
- Aspiration/Suction Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 695.5 million |
| Market revenue in 2030 | USD 1,102.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Aspiration/Suction Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
Other key industry trends
- In terms of revenue, the North America accounted for 27.2% of the global neurothrombectomy devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 9.8 million by 2030.
Clot retrievers was the largest segment with a revenue share of 58.23% in 2023. Horizon Databook has segmented the Global neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
Neurothrombectomy devices are critical in treating ischemic stroke, a commonly occurring phenomenon of stroke among older adults. Modern lifestyle, stress, and dietary habits have been observed to result in the risk of stroke among adults older than 40 years.
Stroke is the leading cause of disability among the elderly with around 65% of patients requiring physical assistance/support post an episode of stroke. According to WHO, approximately 15 million people worldwide are expected to suffer from stroke each year.
Since the Neurothrombectomy procedure improves functional outcomes and lowers the mortality rate in patients, therefore, it is the most preferred treatment for acute ischemic stroke. Thereby, boosting the market growth during the forecast period.
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Neurothrombectomy Devices Market Scope
Neurothrombectomy Devices Market Companies
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Global neurothrombectomy devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Neurothrombectomy devices market size, 2023 (US$M)
Global neurothrombectomy devices market share, by product, 2023 & 2030 (%, US$M)
Neurothrombectomy devices market: Opportunity assessment by country
Global neurothrombectomy devices market, by region, 2023 (US$M)
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