North America Neurovascular Catheters Market Size & Outlook
North America neurovascular catheters market, 2018-2030 (US$M)
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North America neurovascular catheters market highlights
- The North America neurovascular catheters market generated a revenue of USD 1,064.2 million in 2023.
- The market is expected to grow at a CAGR of 6.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,064.2 million |
| Market revenue in 2030 | USD 1,667.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 33.1% of the global neurovascular catheters market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,129.5 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 27.65% in 2023. Horizon Databook has segmented the North America neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the market in 2023. Its growth can be attributed to an increase in the prevalence of various neurovascular disorders such as stroke & brain aneurysms as well as rise in the demand for minimally invasive neurological procedures.
Moreover, rapid technological advancements, presence of key manufacturers in the region, increase in R&D investments, and rise in the number of government funding & initiatives are expected to contribute to market growth. For instance, the National Parkinson Foundation (NPF) provides funds to researchers and scientists to make advancements in this field.
In addition, high disposable income in developed economies and availability of skilled professionals are some of the factors responsible for the large share of North America neurovascular catheters market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America neurovascular catheters market , including forecasts for subscribers. This continent databook contains high-level insights into North America neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America neurovascular catheters market size, by country, 2018-2030 (US$M)
North America Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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