Market revenue in 2023 | USD 7.4 million |
Market revenue in 2030 | USD 9.8 million |
Growth rate | 4.1% (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 |
Clot retrievers was the largest segment with a revenue share of 37.84% in 2023. Horizon Databook has segmented the UAE neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
UAE neuro thrombectomy devices market is expected to witness moderate growth rate over the forecast period. Increasing cases of acute ischemic stroke in UAE are among the major factors contributing to the market growth. According to study published by the Omnia Health in 2020, in UAE, around 7,000 stroke admissions are recorded every year and 85.00% of the strokes are acute ischemic strokes.
Such instances are expected to positively impact the market growth. However, low adoption rate of technologically advanced products and lack of skilled professionals in this country may hinder the market growth over the forecast period.
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