Brazil Neurovascular Catheters Market Size & Outlook
Brazil neurovascular catheters market, 2018-2030 (US$M)
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Brazil neurovascular catheters market highlights
- The Brazil neurovascular catheters market generated a revenue of USD 114.2 million in 2023 and is expected to reach USD 201.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, embolization catheters was the largest revenue generating type in 2023.
- Microcatheters is the most lucrative type segment registering the fastest growth during the forecast period.
Neurovascular catheters market data book summary
| Market revenue in 2023 | USD 114.2 million |
| Market revenue in 2030 | USD 201.4 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microcatheters, Balloon Catheters, Access Catheters, Embolization Catheters |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, Integer Holdings Corp, Penumbra Inc, Johnson & Johnson, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.5% of the global neurovascular catheters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 201.4 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil neurovascular catheters market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neurovascular catheters market will help companies and investors design strategic landscapes.
Embolization catheters was the largest segment with a revenue share of 27.58% in 2023. Horizon Databook has segmented the Brazil neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The neurovascular catheter market in Brazil is anticipated to grow significantly in the coming years due to growing innovations in neurovascular products. Researchers are developing novel products that can be used in neurological procedures.
This new prototype sensor has a catheter tube that collects intracranial pressure data. This sensor can help in various neurological conditions such as cranial trauma, hydrocephalus, stroke, and brain tumor. Thus, increasing developments of devices that use neurovascular catheters are anticipated to drive the country's market in the coming years.
For instance, Hpbio is a Brazilian company that offers a line of intracranial pressure and temperature monitoring catheters. In addition, international companies are focusing on the market in Brazil. For instance, in June 2023, Micro Port Neuro Tech Co., Ltd.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into Brazil neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil neurovascular catheters market size, by type, 2018-2030 (US$M)
Brazil Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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