Spain Neurothrombectomy Devices Market Size & Outlook
Spain neurothrombectomy devices market, 2018-2030 (US$M)
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Spain neurothrombectomy devices market highlights
- The Spain neurothrombectomy devices market generated a revenue of USD 22.7 million in 2023 and is expected to reach USD 35.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, clot retrievers was the largest revenue generating product in 2023.
- Clot Retrievers is the most lucrative product segment registering the fastest growth during the forecast period.
Neurothrombectomy devices market data book summary
| Market revenue in 2023 | USD 22.7 million |
| Market revenue in 2030 | USD 35.7 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Clot Retrievers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
| Key market players worldwide | Medtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio |
Other key industry trends
- In terms of revenue, Spain accounted for 3.3% 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 Europe, Germany neurothrombectomy devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 72.3 million by 2030.
Clot retrievers was the largest segment with a revenue share of 59.91% in 2023. Horizon Databook has segmented the Spain neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
High incidence rate of acute ischemic stroke and increasing awareness toward treatment of stroke in Spain are major drivers of the market. For instance, as per the report published by Barcelona Institute of Global Health in 2018, around 14.6% of deaths in Spain were caused by acute ischemic stroke.
In addition, favorable healthcare system in Spain may also encourage many new players to enter the market, thereby propelling the market growth. According to WHO, as compared with other OECD European countries, the Spanish healthcare system is well advanced and ensures adoption of innovative technologies.
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Neurothrombectomy Devices Market Scope
Neurothrombectomy Devices Market Companies
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Spain neurothrombectomy devices market size, by product, 2018-2030 (US$M)
Spain Neurothrombectomy Devices Market Outlook Share, 2023 & 2030 (US$M)
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