Neurovascular Catheters Market Size, Share, and Growth Analysis, By Type (Microcatheters, Balloon Catheters), By Component (Catheter Mandrels, Catheter Liners), By Application, By End-use, By Region - Industry Forecast 2025-2032
Boston Scientific(Marlborough, Massachusetts, USA)
Stryker Corporation(Kalamazoo, Michigan, USA)
Penumbra(Alameda, California, USA)
Edwards Lifesciences(Irvine, California, USA)
Terumo Corporation(Tokyo, Japan)
Johnson & Johnson(New Brunswick, New Jersey, USA)
Abbott Laboratories(Abbott Park, Illinois, USA)
B. Braun Melsungen(Melsungen, Germany)
MicroPort Scientific(Shanghai, China)
Integer Holdings Corporation(Plano, Texas, USA)
Cook Medical(Bloomington, Indiana, USA)
Cardinal Health(Dublin, Ohio, USA)
Smith & Nephew(London, United Kingdom)
Teleflex Incorporated(Wayne, Pennsylvania, USA)
Merit Medical Systems(South Jordan, Utah, USA)
Nipro Corporation(Osaka, Japan)
Asahi Intecc(Aichi, Japan)
W. L. Gore & Associates(Newark, Delaware, USA)
Convatec(London, United Kingdom)
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Neurovascular Catheters Market size was valued at USD 3.25 billion in 2023 and is poised to grow from USD 3.48 billion in 2024 to USD 6.08 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).
Market insights indicate robust growth in the neurovascular sector, driven by increasing incidences of neurological disorders such as brain aneurysms and strokes, alongside unhealthy lifestyle choices and heightened public awareness regarding treatment options. The global incidence of subarachnoid hemorrhage (SAH) stands at approximately 6.67 per 100,000 individuals, with over 500,000 affected annually, predominantly in low- and middle-income regions. Furthermore, technological advancements, particularly in neurovascular catheter technology, are set to fuel market expansion. Notably, CERENOVUS launched the EMBOGUARD catheter for endovascular procedures in February 2022, enhancing treatment efficacy for acute ischemic strokes. Research continues to affirm the safety and effectiveness of various neurovascular access methodologies, paving the way for innovative solutions and contributing to the anticipated market growth during the forecast period.
Top-down and bottom-up approaches were used to estimate and validate the size of the Neurovascular Catheters market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Neurovascular Catheters Market Segments Analysis
Global Neurovascular Catheters Market is segmented by Type, Component, Application, End-use and region. Based on Type, the market is segmented into Microcatheters, Balloon Catheters, Access Catheters, Embolization Catheters and Others. Based on Component, the market is segmented into Catheter Mandrels, Catheter Liners, Reflow Heat Shrinks, Nylon Tubing/Pebax and Other Components. Based on Application, the market is segmented into Embolic Stroke, Brain Aneurysm, Arteriovenous Malformations and Others. Based on End-use, the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers and Diagnostic Centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Neurovascular Catheters Market
The growing incidence of neurological conditions, including strokes, aneurysms, and arteriovenous malformations (AVMs), significantly contributes to the rising demand for neurovascular catheters. These specialized catheters play a crucial role in both the diagnosis and treatment of such disorders. As the number of individuals affected by these neurological issues continues to rise, the need for effective intervention tools like neurovascular catheters becomes increasingly critical, thereby fueling market growth. This upward trend in neurological disorders underscores the essential nature of these medical devices and propels the demand for advancements and innovations within the neurovascular catheter market.
Restraints in the Neurovascular Catheters Market
The neurovascular catheters market faces significant challenges due to the potential complications associated with their use. Operating within the intricate network of blood vessels in the brain presents risks such as bleeding, clotting, vessel perforation, and infections. These complications can result in serious neurological impairments or, in extreme cases, fatalities. Additionally, they may prolong hospital stays and escalate healthcare expenses. Patients with pre-existing medical conditions are particularly susceptible to these risks, further complicating the clinical landscape. Consequently, such factors can act as restraints on the growth and adoption of neurovascular catheters in clinical practices.
Market Trends of the Neurovascular Catheters Market
The neurovascular catheters market is experiencing robust growth, propelled by the rising prevalence of neurological disorders such as strokes, aneurysms, and arteriovenous malformations. The World Health Organization (WHO) highlights that stroke ranks as the second leading cause of death worldwide, intensifying the urgency for advanced therapeutic solutions. An increasing aging population, coupled with greater awareness and diagnosis of neurological conditions, is further driving market demand. Innovations in catheter technology, including enhanced navigation and precision delivery systems, are also shaping the market landscape. Together, these dynamics position the neurovascular catheters market for substantial growth in the coming years, as healthcare providers seek effective interventions.
Table of Contents
Introduction
Objectives of the Study
Scope of the Report
Definitions
Research Methodology
Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations
Executive Summary
Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis
Market Dynamics & Outlook
Market Overview
Market Size
Market Dynamics
Drivers & Opportunities
Restraints & Challenges
Porters Analysis
Competitive rivalry
Threat of substitute
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Key Market Insights
Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2024
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Regulatory Analysis
Patent Analysis
Global Neurovascular Catheters Market Size by Type & CAGR (2025-2032)
Market Overview
Microcatheters
Balloon Catheters
Access Catheters
Embolization Catheters
Others
Global Neurovascular Catheters Market Size by Component & CAGR (2025-2032)
Market Overview
Catheter Mandrels
Catheter Liners
Reflow Heat Shrinks
Nylon Tubing/Pebax
Other Components
Global Neurovascular Catheters Market Size by Application & CAGR (2025-2032)
Market Overview
Embolic Stroke
Brain Aneurysm
Arteriovenous Malformations
Others
Global Neurovascular Catheters Market Size by End-use & CAGR (2025-2032)
Market Overview
Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Centers
Global Neurovascular Catheters Market Size & CAGR (2025-2032)
North America (Type, Component, Application, End-use)
US
Canada
Europe (Type, Component, Application, End-use)
Germany
Spain
France
UK
Italy
Rest of Europe
Asia Pacific (Type, Component, Application, End-use)
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America (Type, Component, Application, End-use)
Brazil
Rest of Latin America
Middle East & Africa (Type, Component, Application, End-use)
GCC Countries
South Africa
Rest of Middle East & Africa
Competitive Intelligence
Top 5 Player Comparison
Market Positioning of Key Players, 2024
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2024
Company Profiles of All Key Players
Company Details
Product Portfolio Analysis
Company's Segmental Share Analysis
Revenue Y-O-Y Comparison (2022-2024)
Key Company Profiles
Medtronic (Galway, Ireland)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Boston Scientific (Marlborough, Massachusetts, USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Stryker Corporation (Kalamazoo, Michigan, USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Penumbra (Alameda, California, USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Edwards Lifesciences (Irvine, California, USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Terumo Corporation (Tokyo, Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Johnson & Johnson (New Brunswick, New Jersey, USA)