Neurointerventional Devices Market Size and Share

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Compare market size and growth of Neurointerventional Devices Market with other markets in Healthcare Industry

Neurointerventional Devices Market Analysis by Mordor Intelligence

The neurointerventional devices market size stands at USD 2.71 billion in 2025 and is projected to reach USD 3.41 billion by 2030, reflecting a CAGR of 4.69%. Growing preference for minimally invasive endovascular approaches, rising global stroke incidence, and continuous device innovation sustain demand. The neurointerventional devices market also benefits from the wider availability of advanced imaging and artificial intelligence tools that improve procedural planning and speed. Expansion of mechanical thrombectomy indications, combined with favorable reimbursement revisions in several countries, opens new patient pools. Meanwhile, shifting care toward outpatient settings places cost-effective devices in a strong position across the neurointerventional devices market.

Key Report Takeaways

  • By product category, aneurysm coiling and embolization devices led with 38.21% revenue share in 2024, while mechanical thrombectomy is advancing at a 6.73% CAGR through 2030.
  • By application, ischemic stroke accounted for 50.43% of neurointerventional devices market share in 2024 and is expanding at a 7.21% CAGR to 2030.
  • By end-user, tertiary hospitals captured 71.23% share of the neurointerventional devices market size in 2024, yet ambulatory centers are growing fastest at 7.54% CAGR.
  • By geography, North America held 40.64% share in 2024, whereas Asia-Pacific is projected to grow at 5.45% CAGR between 2025 and 2030.

Segment Analysis

By Product: Mechanical Thrombectomy Drives Innovation

Aneurysm coiling and embolization devices sustained leadership with 38.21% share in 2024. Flow-diverter stents such as Pipeline Vantage reached 81.7% six-month occlusion while liquid embolics like Artisse recorded 96.6% implantation success. Mechanical thrombectomy, though smaller, is the fastest rising category at 6.73% CAGR. The neurointerventional devices market size for mechanical thrombectomy is projected to expand sharply as milli-spinner systems exceed 90% removal success on fibrin-rich clots. FreeClimb 88 aspiration catheters delivered 67.9% first-pass recanalization without complications, reinforcing clinician confidence. Expanded indications into large infarcts and distal occlusions broaden its addressable base, lifting the neurointerventional devices market.

Competitive traction continues as manufacturers bundle next-generation catheters with AI-guided imaging. Such integrated solutions drive premium adoption because they shorten procedure times and lower complication rates. Clinical evidence supporting mechanical thrombectomy across previously excluded populations encourages procurement committees to allocate higher budgets, thereby sustaining the neurointerventional devices market share of this product class.

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Note: Segment shares of all individual segments available upon report purchase

By Application: Ischemic Stroke Dominance Accelerates

Ischemic stroke represented 50.43% of 2024 revenue and leads growth at 7.21% CAGR. High prevalence explains volume strength, while endovascular therapy’s proven superiority over medical management fuels value. Tenecteplase approval brings a faster thrombolytic option that pairs well with thrombectomy workflows. Flow diverters and intrasaccular devices widen cerebral aneurysm care, yet stroke keeps commanding the neurointerventional devices market size due to sheer caseload.

Emerging applications in medium vessel occlusions will further energize future sales. Early evidence in distal territories encourages specialized catheter design. Meanwhile, arteriovenous malformation treatments benefit from radiopaque liquid embolics reaching 99% effectiveness. Collectively these advances secure ischemic stroke’s status as the principal revenue pillar of the neurointerventional devices market.

Neurointerventional Devices Market: Market Share by Application
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Note: Segment shares of all individual segments available upon report purchase

By End User: Ambulatory Centers Gain Momentum

Tertiary hospitals captured 71.23% share in 2024 through comprehensive stroke centers and 24-hour capability. Specialized neuroscience institutes add niche demand supported by advanced imaging. However, ambulatory surgical and cath-lab centers show the highest 7.54% CAGR as outpatient models gain payer support and device profiles slim down. Supply-cost bundling in stroke care delivers average savings of USD 2,900.93 per case, a compelling economic lever for payers.

Medicare coverage expansion for carotid stenting raises outpatient volumes, although reimbursement gaps persist. Manufacturers respond by designing low-profile systems compatible with standard cath-lab infrastructure, enabling more procedures outside tertiary settings and broadening the neurointerventional devices market.

Geography Analysis

North America held 40.64% of revenue in 2024 owing to advanced infrastructure, abundant clinical trials, and early product launches. FDA clearances for Terumo Neuro’s dual-layer carotid stent and Crossroads’ balloon guide catheter refreshed growth pipelines. The region faces pressure from Medicare undervaluations that cover just one fifth of thrombectomy cost, challenging hospital economics. Strategic acquisitions such as Stryker buying Inari for USD 4.9 billion add breadth to portfolios, keeping the neurointerventional devices market competitive.

Asia-Pacific is the fastest growing at 5.45% CAGR. China’s NMPA approved 12,213 medical device applications in 2023, a 25.4% rise that signals regulatory openness. Broader insurance and capacity investments boost procedure penetration, though skill shortages and country-specific rules persist. Japan’s structured surveillance for flow diverters emphasizes safety and fosters confidence. Collectively, modernization and demographic aging drive strong upside for the neurointerventional devices market in the region.

Europe shows steady advancement supported by Medical Device Regulation alignment and strong clinical research. Market players introduced Cerenovus’s CEREGLIDE 71 and Penumbra’s neuro access suite, underscoring ongoing innovation. Still, reimbursement varies across member states, leading companies to sequence launches strategically. Strength of value-based care programs underscores the importance of long-term outcome data for sustaining neurointerventional devices market penetration.

Neurointerventional Devices Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The neurointerventional devices market exhibits moderate consolidation as top firms pursue technology differentiation and acquisition. Medtronic, Stryker, Johnson & Johnson, and Penumbra anchor global portfolios. Stryker’s USD 4.9 billion acquisition of Inari broadens thrombectomy into peripheral vascular, creating synergy with its neuro lines. Johnson & Johnson’s exploration to sell Cerenovus for about USD 1 billion may unlock opportunity for agile entrants.

Start-ups like Imperative Care and Route 92 target mechanical thrombectomy with focused innovation. FDA clearances for Crossroads Neurovascular, Perfuze, and CereVasc add fresh competition and expand treatment niches. Technology races center on AI integration, robotics, and advanced materials that improve deliverability and occlusion rates, sustaining high R&D intensity within the neurointerventional devices market.

Regional consolidation pairs with portfolio pruning as firms prioritize high-margin segments. Those with comprehensive vascular platforms, from brain to peripheral, leverage cross-selling and hospital contracting power. This dynamic sustains healthy rivalry yet presents high entry barriers, shaping the neurointerventional devices market’s medium-term trajectory.

Neurointerventional Devices Industry Leaders

  1. Stryker

  2. Penumbra, Inc.

  3. Medtronic

  4. Abbott

  5. Johnson & Johnson (Cerenovus)

  6. *Disclaimer: Major Players sorted in no particular order
Neurointerventional Devices Market Concentration
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Recent Industry Developments

  • June 2025: Stryker completed its USD 4.9 billion acquisition of Inari Medical, enhancing its thrombectomy portfolio.
  • April 2025: Terumo Neuro gained FDA approval for its dual-layer micromesh carotid stent system.
  • March 2025: The FDA approved tenecteplase for acute ischemic stroke, the first new stroke thrombolytic in three decades.
  • February 2025: MicroVention rebranded as Terumo Neuro to emphasize neurovascular focus.
  • February 2025: Johnson & Johnson initiated a sale process for its Cerenovus stroke business, with estimates of up to USD 1.5 billion.
  • January 2025: Endovascular Engineering secured FDA IDE approval for its pivotal Helo thrombectomy trial.

Table of Contents for Neurointerventional Devices Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope Of The Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Incidence of Stroke and Cerebral Aneurysm
    • 4.2.2 Continuous Technological Innovations in Neurovascular Devices
    • 4.2.3 Expanding Reimbursement Coverage for Endovascular Procedures
    • 4.2.4 Growing Acceptance of Mechanical Thrombectomy as Standard Of Care
    • 4.2.5 Penetration of Neurointerventional Suites in Secondary Hospitals
    • 4.2.6 Integration of Robotics and Artificial Intelligence for Precision Navigation
  • 4.3 Market Restraints
    • 4.3.1 Stringent Multiregional Regulatory Approval Processes
    • 4.3.2 Limited Availability of Skilled Neurointerventional Specialists
    • 4.3.3 High Capital and Procedure Costs in Resource-Constrained Settings
    • 4.3.4 Volatility in Platinum and Cobalt Supply Chains Affecting Device Pricing
  • 4.4 Regulatory Landscape
  • 4.5 Reimbursement Scenario Analysis
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Threat Of New Entrants
    • 4.6.2 Bargaining Power Of Buyers
    • 4.6.3 Bargaining Power Of Suppliers
    • 4.6.4 Threat Of Substitutes
    • 4.6.5 Competitive Rivalry Intensity
  • 4.7 Investment & Funding Trends

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Product
    • 5.1.1 Aneurysm Coiling & Embolization Devices
    • 5.1.2 Flow-Diverter Stents
    • 5.1.3 Cerebral Balloon Angioplasty & Stenting Systems
    • 5.1.4 Mechanical Thrombectomy Devices
    • 5.1.5 Liquid Embolics & Intrasaccular Implants
  • 5.2 By Application
    • 5.2.1 Ischemic Stroke
    • 5.2.2 Cerebral Aneurysm
    • 5.2.3 Arteriovenous Malformations/Fistulas
    • 5.2.4 Intracerebral Hemorrhage
  • 5.3 By End User
    • 5.3.1 Tertiary Care Hospitals
    • 5.3.2 Specialized Neuroscience Centers
    • 5.3.3 Ambulatory Surgical & Cath-Lab Centers
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East & Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East & Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
    • 6.3.1 Medtronic
    • 6.3.2 Stryker
    • 6.3.3 Johnson & Johnson (Cerenovus)
    • 6.3.4 Penumbra
    • 6.3.5 Terumo (MicroVention)
    • 6.3.6 Abbott
    • 6.3.7 MicroPort Scientific
    • 6.3.8 W. L. Gore & Associates
    • 6.3.9 Balt Extrusion
    • 6.3.10 Rapid Medical
    • 6.3.11 Phenox GmbH
    • 6.3.12 Kaneka QOL
    • 6.3.13 Cerus Endovascular
    • 6.3.14 Sequent Medical
    • 6.3.15 Vesalio
    • 6.3.16 Imperative Care
    • 6.3.17 InNeuroCo
    • 6.3.18 InspireMD
    • 6.3.19 Integra Lifesciences
    • 6.3.20 Acandis GmbH

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Global Neurointerventional Devices Market Report Scope

As per the scope of the report, neurointerventional devices are primarily linked to the treatment of diseases with vascular diseases in the central nervous system. The Neurointerventional Devices Market is Segmented by Product (Aneurysm Coiling & Embolization Devices, Cerebral Balloon Angioplasty & Stenting Systems, Neurothrombectomy Devices, and Other Devices), Application (Ischemic Stroke, Cerebral Aneurysms, Arteriovenous Malformation & Fistulas, and Other Diseases), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The market report also covers the estimated market sizes and trends of 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product Aneurysm Coiling & Embolization Devices
Flow-Diverter Stents
Cerebral Balloon Angioplasty & Stenting Systems
Mechanical Thrombectomy Devices
Liquid Embolics & Intrasaccular Implants
By Application Ischemic Stroke
Cerebral Aneurysm
Arteriovenous Malformations/Fistulas
Intracerebral Hemorrhage
By End User Tertiary Care Hospitals
Specialized Neuroscience Centers
Ambulatory Surgical & Cath-Lab Centers
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Product
Aneurysm Coiling & Embolization Devices
Flow-Diverter Stents
Cerebral Balloon Angioplasty & Stenting Systems
Mechanical Thrombectomy Devices
Liquid Embolics & Intrasaccular Implants
By Application
Ischemic Stroke
Cerebral Aneurysm
Arteriovenous Malformations/Fistulas
Intracerebral Hemorrhage
By End User
Tertiary Care Hospitals
Specialized Neuroscience Centers
Ambulatory Surgical & Cath-Lab Centers
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

Which products dominate global sales of neurointerventional devices?

Aneurysm coiling and embolization devices led with 38.21% share in 2024, reflecting mature clinical acceptance.

How fast is mechanical thrombectomy growing?

Mechanical thrombectomy revenue is rising at a 6.73% CAGR from 2025-2030, making it the fastest-advancing product class.

What region expands the market most rapidly?

Asia-Pacific is the quickest-growing geography with a 5.45% CAGR, encouraged by regulatory reforms and broader healthcare access.

Where do most procedures take place today?

Tertiary care hospitals performed 71.23% of interventions in 2024 due to comprehensive stroke capabilities.

What are the key restraints limiting growth?

Prolonged multiregional regulatory approval timelines and a global shortage of trained neurointerventionalists temper expansion.

Which recent FDA approval is most significant?

Tenecteplase approval in March 2025 offers the first new thrombolytic option for acute ischemic stroke in 30 years, streamlining workflows.

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