Canada Neurothrombectomy Devices Market Size & Outlook

The neurothrombectomy devices market in Canada is expected to reach a projected revenue of US$ 43.4 million by 2030. A compound annual growth rate of 8.1% is expected of Canada neurothrombectomy devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$25.2
Forecast, 2030 (US$M)
$43.4
CAGR, 2024 - 2030
8.1%
Report Coverage
Canada

Canada neurothrombectomy devices market highlights

  • The Canada neurothrombectomy devices market generated a revenue of USD 25.2 million in 2023 and is expected to reach USD 43.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
  • In terms of segment, clot retrievers was the largest revenue generating product in 2023.
  • Aspiration/Suction Devices is the most lucrative product segment registering the fastest growth during the forecast period.


Neurothrombectomy devices market data book summary

Market revenue in 2023USD 25.2 million
Market revenue in 2030USD 43.4 million
Growth rate8.1% (CAGR from 2023 to 2030)
Largest segmentClot retrievers
Fastest growing segmentAspiration/Suction Devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationClot Retrievers, Aspiration/Suction Devices, Vascular Snares
Key market players worldwideMedtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio


Other key industry trends

  • In terms of revenue, Canada accounted for 3.6% of the global neurothrombectomy devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. neurothrombectomy devices market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 43.4 million by 2030.

Clot retrievers was the largest segment with a revenue share of 57.54% in 2023. Horizon Databook has segmented the Canada neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.


According to the Stroke Report 2017, there were about 400,000 individuals in Canada living with long term disability from stroke, and this number is expected to double in next 20 years. In addition, according to Canadian Institute for Health Information, in 2019, the total healthcare expenditure of Canada was USD 264 billion, representing the overall healthcare spending of 11.6% of the total GDP.

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Canada neurothrombectomy devices market size, by product, 2018-2030 (US$M)

Canada Neurothrombectomy Devices Market Outlook Share, 2023 & 2030 (US$M)

Canada neurothrombectomy devices market size, by product, 2018-2030 (US$M)

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