Saudi Arabia Neurovascular Devices Market Size & Outlook
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Saudi Arabia neurovascular devices market highlights
- The Saudi Arabia neurovascular devices market generated a revenue of USD 106.6 million in 2024 and is expected to reach USD 160.3 million by 2033.
- The Saudi Arabia market is expected to grow at a CAGR of 4.6% from 2025 to 2033.
- In terms of segment, cerebral embolization and aneurysm coiling devices was the largest revenue generating device type in 2024.
- Support Devices is the most lucrative device type segment registering the fastest growth during the forecast period.
Neurovascular devices market data book summary
| Market revenue in 2024 | USD 106.6 million |
| Market revenue in 2033 | USD 160.3 million |
| Growth rate | 4.6% (CAGR from 2025 to 2033) |
| Largest segment | Cerebral embolization and aneurysm coiling devices |
| Fastest growing segment | Support Devices |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cerebral Embolization and Aneurysm Coiling Devices, Cerebral Angioplasty and Stenting Systems, Neurothrombectomy Devices, Support Devices, Trans Radial Access Devices |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Penumbra Inc, MicroPort Scientific Corp, Stryker Corp, Terumo Corp, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg, Zylox |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.5% of the global neurovascular devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, South Africa neurovascular devices market is projected to lead the regional market in terms of revenue in 2033.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 78.6 million by 2033.
Cerebral embolization and aneurysm coiling devices was the largest segment with a revenue share of 38.65% in 2024. Horizon Databook has segmented the Saudi Arabia neurovascular devices market based on cerebral embolization and aneurysm coiling devices, cerebral angioplasty and stenting systems, neurothrombectomy devices, support devices, trans radial access devices covering the revenue growth of each sub-segment from 2021 to 2033.
Saudi Arabia neurovascular devices market is anticipated to witness a moderate growth rate over the forecast period. Increasing number of acute ischemic stroke cases is a major factor driving the market.
For instance, as per an article published by Hindawi in 2018, stroke is one of the major challenges in Saudi Arabia and the incidence rate of stroke was around 30 cases per 100,000 populations.
Furthermore, growing adoption of sedentary lifestyle is expected to boost the rate of acute ischemic stroke, thereby increasing the demand for neurovascular devices. However, low adoption of advanced healthcare facilities and lack of skilled healthcare professionals in Saudi Arabia may hinder the market growth.
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Neurovascular Devices Market Scope
Neurovascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zylox | View profile | 501-1000 | Hangzhou, Zhejiang, China, Asia | http://www.zyloxmedical.com/ |
| Acandis GmbH | View profile | 251-500 | Pforzheim, Baden-Wurttemberg, Germany, Europe | https://www.acandis.com/start-1-en |
| Spiegelberg | View profile | 11-50 | Hamburg, Hamburg, Germany, Europe | https://www.spiegelberg.de/en/ |
| Penumbra Inc | View profile | 4200 | One Penumbra Place, Alameda, CA, United States, 94502 | https://www.penumbrainc.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Integra Lifesciences Holdings Corp | View profile | 3946 | 1100 Campus Road, Princeton, NJ, United States, 08540 | https://www.integralife.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Saudi Arabia neurovascular devices market size, by device type, 2021-2033 (US$M)
Saudi Arabia Neurovascular Devices Market Outlook Share, 2024 & 2033 (US$M)
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