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US Neurovascular Devices Market

ID: MRFR/MED/13124-HCR
100 Pages
Rahul Gotadki
October 2025

US Neurovascular Devices Market Research Report By Device Type (Interventional Neurology Devices, Neurovascular Stents, Embolic Agents, Catheters, Flow Diverters), By Application (Aneurysm Treatment, Arteriovenous Malformation Treatment, Intracranial Atherosclerotic Disease, Ischemic Stroke, Hemorrhagic Stroke) and By End Use (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) - Forecast to 2035

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US Neurovascular Devices Market Summary

As per MRFR analysis, the US neurovascular devices market size was estimated at 1467.31 USD Million in 2024. The US neurovascular devices market is projected to grow from 1556.67 USD Million in 2025 to 2810.44 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.09% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US neurovascular devices market is poised for substantial growth driven by technological advancements and an aging population.

  • Technological advancements are enhancing the efficacy and safety of neurovascular devices, leading to increased adoption.
  • Minimally invasive procedures are becoming the preferred choice among healthcare providers, contributing to market expansion.
  • The aging population in the US is driving demand for neurovascular interventions, particularly in the largest segment of aneurysm treatment.
  • Rising incidence of neurological disorders and investment in research and development are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 1467.31 (USD Million)
2035 Market Size 2810.44 (USD Million)

Major Players

Medtronic (US), Stryker (US), Boston Scientific (US), Johnson & Johnson (US), Terumo (JP), Penumbra (US), MicroVention (US), Asahi Intecc (JP)

US Neurovascular Devices Market Trends

The neurovascular devices market is experiencing notable growth due to advancements in technology and an increasing prevalence of neurovascular disorders. Innovations in device design and functionality are enhancing treatment options for conditions such as aneurysms and strokes. Furthermore, the aging population in the US is contributing to a higher demand for these medical devices, as older individuals are more susceptible to neurovascular issues. Regulatory bodies are also playing a crucial role in ensuring the safety and efficacy of these devices, which fosters confidence among healthcare providers and patients alike. In addition, the neurovascular devices market is witnessing a shift towards minimally invasive procedures. This trend is largely influenced by the desire for reduced recovery times and lower complication rates associated with traditional surgical methods. As healthcare providers increasingly adopt these advanced techniques, the market is likely to expand further. The integration of digital technologies, such as telemedicine and remote monitoring, is also expected to enhance patient outcomes and streamline treatment processes, indicating a promising future for the neurovascular devices market.

Technological Advancements

Recent innovations in neurovascular devices are enhancing their effectiveness and safety. New materials and designs are being developed to improve the performance of stents and coils, which are crucial for treating conditions like aneurysms. These advancements may lead to better patient outcomes and increased adoption by healthcare professionals.

Minimally Invasive Procedures

There is a growing trend towards minimally invasive techniques in the neurovascular devices market. These procedures typically result in shorter recovery times and fewer complications compared to traditional surgeries. As more healthcare providers embrace these methods, the demand for related devices is likely to rise.

Aging Population

The increasing number of elderly individuals in the US is contributing to a higher incidence of neurovascular disorders. This demographic shift is expected to drive demand for neurovascular devices, as older patients often require specialized treatment options for conditions such as strokes and aneurysms.

US Neurovascular Devices Market Drivers

Growing Awareness and Education

There is a notable increase in awareness and education regarding neurological health among both healthcare professionals and the general public. Campaigns aimed at educating individuals about the signs and symptoms of neurological disorders are becoming more prevalent. This heightened awareness is likely to lead to earlier diagnosis and treatment, thereby increasing the demand for neurovascular devices. Furthermore, healthcare providers are receiving more training on the latest technologies and treatment protocols, which enhances their ability to utilize these devices effectively. As a result, the neurovascular devices market is expected to benefit from this trend, as more patients seek timely interventions and advanced treatment options.

Investment in Research and Development

Significant investment in research and development (R&D) is propelling the neurovascular devices market forward. Companies are increasingly allocating resources to innovate and enhance device efficacy, safety, and usability. The US government, alongside private entities, has been funding numerous initiatives aimed at advancing neurovascular technologies. For instance, the National Institutes of Health (NIH) has dedicated millions of dollars to research projects focused on stroke prevention and treatment. This influx of funding is likely to lead to the introduction of cutting-edge devices, which could capture a larger market share and improve clinical outcomes. As a result, the neurovascular devices market is poised for growth, driven by continuous innovation and technological advancements.

Technological Integration in Healthcare

The integration of advanced technologies such as artificial intelligence (AI) and machine learning into healthcare is influencing the neurovascular devices market. These technologies are being utilized to enhance diagnostic accuracy and treatment planning, leading to improved patient outcomes. For instance, AI algorithms can analyze imaging data to identify potential neurovascular issues more efficiently. This technological integration not only streamlines workflows but also increases the demand for sophisticated neurovascular devices that can work in tandem with these innovations. As healthcare systems in the US continue to adopt these technologies, the neurovascular devices market is likely to experience significant growth, driven by the need for devices that complement advanced diagnostic tools.

Regulatory Support and Approval Processes

Regulatory support and streamlined approval processes for neurovascular devices are contributing to market growth. The US Food and Drug Administration (FDA) has been working to expedite the review and approval of innovative medical devices, particularly those addressing critical health issues like stroke and aneurysms. This supportive regulatory environment encourages manufacturers to invest in the development of new devices, knowing that they may receive quicker market access. As a result, the neurovascular devices market is likely to see an influx of new products, enhancing competition and providing healthcare providers with a broader range of treatment options. This trend may ultimately lead to improved patient care and outcomes.

Rising Incidence of Neurological Disorders

The increasing prevalence of neurological disorders in the US is a primary driver for the neurovascular devices market. Conditions such as stroke, aneurysms, and arteriovenous malformations are becoming more common, necessitating advanced treatment options. According to recent data, stroke is the fifth leading cause of death in the US, with approximately 795,000 individuals affected annually. This growing patient population creates a substantial demand for innovative neurovascular devices, as healthcare providers seek effective solutions to manage these conditions. The neurovascular devices market is expected to expand as hospitals and clinics invest in advanced technologies to improve patient outcomes and reduce mortality rates associated with neurological disorders.

Market Segment Insights

By Type: Interventional Neurology Devices (Largest) vs. Neurovascular Stents (Fastest-Growing)

The US neurovascular devices market is characterized by a diverse range of segment values, with Interventional Neurology Devices capturing the largest share due to advanced technological developments and increased adoption rates. Neurovascular Stents follow closely, gaining prominence among healthcare providers for their effectiveness in treating vascular diseases, which has led to a significant portion of the market share being attributed to these devices. Growth trends within this segment are fueled by the rising incidences of neurovascular disorders and an increasing aging population, subsequently driving demand for minimally invasive procedures. Additionally, continuous innovations in product design and materials are enhancing the performance and safety of these devices, with Neurovascular Stents being recognized as the fastest-growing segment owing to their pivotal role in treating complex aortic pathologies.

Interventional Neurology Devices: Dominant vs. Neurovascular Stents: Emerging

Interventional Neurology Devices are the dominant force in the neurovascular devices market, encompassing a wide array of technologies such as thrombolysis and thrombectomy systems, which are instrumental in treating critical conditions like strokes. These devices are preferred for their ability to provide immediate intervention and high efficacy rates. In contrast, Neurovascular Stents are emerging as a key player within this landscape, renowned for their ability to assist in maintaining vessel patency and preventing stroke recurrence. This segment is rapidly gaining ground due to improvements in stent design, biocompatibility, and enhanced delivery systems, establishing itself as an essential part of neurovascular therapy with a robust growth trajectory.

By Application: Aneurysm Treatment (Largest) vs. Ischemic Stroke (Fastest-Growing)

The market share distribution within the application segment of the US neurovascular devices market highlights Aneurysm Treatment as the largest segment, commanding a significant portion of the market. Other segments such as Ischemic Stroke, Arteriovenous Malformation Treatment, Hemorrhagic Stroke, and Intracranial Atherosclerotic Disease also contribute compellingly to the overall market landscape, each catering to critical health challenges faced in the neurological domain. Ischemic Stroke is recognized as the fastest-growing segment, driven by an increasing prevalence of stroke cases and advances in treatment technologies. The growing awareness of stroke symptoms and the urgent need for timely intervention are propelling investments in this area. Additionally, robust healthcare initiatives and improved access to neurovascular care are anticipated to expand the market further, enhancing treatment outcomes for patients with various neurovascular conditions.

Aneurysm Treatment (Dominant) vs. Ischemic Stroke (Emerging)

Aneurysm Treatment continues to dominate the US neurovascular devices market, primarily due to its established protocols and the effectiveness of various devices employed in surgical repairs. This segment benefits from a well-defined patient population that requires ongoing monitoring and interventions. On the other hand, Ischemic Stroke is an emerging segment gaining traction due to rising incidences and the advent of innovative treatment modalities. The rapid evolution of neurointerventional techniques and devices for Ischemic Stroke is transforming patient outcomes, resulting in increased growth potential for this area. Both segments reflect distinct characteristics that cater to specific clinical needs while showcasing the dynamic nature of the market.

By End Use: Hospitals (Largest) vs. Specialty Clinics (Fastest-Growing)

The US neurovascular devices market is significantly dominated by the hospitals segment, which holds the largest share among all end-use categories. Hospitals provide critical care and advanced treatment options, drawing a significant number of patients requiring neurovascular interventions. In contrast, ambulatory surgical centers and specialty clinics are gaining traction, though they possess comparatively smaller shares in the market. This dynamic illustrates the preference for hospitals, where comprehensive care and experienced personnel are available to handle complex procedures. Growth trends in the end-use segment are influenced by the increasing incidence of neurovascular diseases and the rising demand for minimally invasive procedures. Specialty clinics, in particular, are emerging rapidly as they offer targeted treatments, shorter waiting times, and improved patient experience. Technological advancements and innovative treatment modalities are further propelling growth in ambulatory surgical centers, making them an attractive option for patients seeking efficient care.

Hospitals (Dominant) vs. Specialty Clinics (Emerging)

Hospitals remain the dominant force in the neurovascular devices segment, known for their extensive resources, specialized staff, and capacity to handle complex cases. They offer a wide range of neurovascular procedures, providing a crucial setting for acute care and recovery. On the other hand, specialty clinics are emerging as a significant player by focusing on specific neurovascular treatments, which allows them to cater to the growing demand for expert care while maintaining efficiency. These clinics benefit from advancements in technology and methodologies that enhance patient outcomes, driving their rapid growth in the market. As patient preferences shift towards specialized and efficient care options, the role of specialty clinics is poised to increase.

Get more detailed insights about US Neurovascular Devices Market

Key Players and Competitive Insights

The neurovascular devices market is characterized by a dynamic competitive landscape, driven by technological advancements and an increasing prevalence of neurovascular diseases. Key players such as Medtronic (US), Stryker (US), and Boston Scientific (US) are at the forefront, focusing on innovation and strategic partnerships to enhance their market positions. Medtronic (US) emphasizes its commitment to developing cutting-edge solutions, particularly in thrombectomy devices, while Stryker (US) is known for its robust portfolio in neurovascular interventions, leveraging its extensive distribution network to penetrate deeper into the market. Boston Scientific (US) appears to be concentrating on expanding its product offerings through acquisitions and collaborations, thereby enhancing its competitive edge in this rapidly evolving sector.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to improve efficiency and reduce costs. The market structure is moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Medtronic (US) and Stryker (US) suggests a trend towards consolidation, as these firms seek to leverage their resources and capabilities to dominate the market.

In October 2025, Medtronic (US) announced the launch of its latest thrombectomy device, which integrates advanced imaging technology to enhance procedural accuracy. This strategic move is likely to solidify Medtronic's position as a leader in the neurovascular space, as it addresses the growing demand for minimally invasive solutions that improve patient outcomes. The introduction of this device not only showcases Medtronic's commitment to innovation but also reflects a broader trend towards the integration of technology in medical devices.

In September 2025, Stryker (US) expanded its partnership with a leading telehealth provider to enhance remote monitoring capabilities for neurovascular patients. This collaboration is indicative of Stryker's strategic focus on digital transformation, aiming to improve patient engagement and streamline care pathways. By integrating telehealth solutions, Stryker is positioning itself to meet the evolving needs of healthcare providers and patients alike, potentially leading to improved treatment adherence and outcomes.

In August 2025, Boston Scientific (US) completed the acquisition of a promising startup specializing in AI-driven neurovascular imaging solutions. This acquisition is expected to bolster Boston Scientific's technological capabilities, allowing it to offer more sophisticated diagnostic tools. The integration of AI into neurovascular devices may enhance the precision of interventions, thereby attracting a broader customer base and reinforcing Boston Scientific's competitive stance in the market.

As of November 2025, current competitive trends in the neurovascular devices market include a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are increasingly shaping the landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve, with a greater emphasis on technological advancements and supply chain reliability rather than solely on price. This shift suggests that companies that prioritize innovation and adaptability will be better positioned to thrive in the future.

Key Companies in the US Neurovascular Devices Market market include

Industry Developments

The US Neurovascular Devices Market has seen significant developments recently, notably in the areas of product advancements and market dynamics. As of October 2023, companies such as Medtronic and Boston Scientific have been leading in the innovation of neurovascular technologies, introducing devices like the Embozene microspheres and advancements in stent retrievers that enhance the treatment of cerebrovascular diseases.

Additionally, Neuravi has made strides in the development of neurothrombectomy devices, contributing to improved patient outcomes. The market is also witnessing robust growth, driven by an increasing prevalence of neurological disorders and advancements in healthcare technologies.

Mergers and acquisitions have been pivotal, with Cerenovus acquiring certain assets from Medtronic in July 2023 to strengthen their portfolio.

Furthermore, Johnson and Johnson announced in August 2023 a strategic partnership with Abbott Laboratories focused on expanding the accessibility of cutting-edge neurovascular devices. Over the past two to three years, significant investments have been directed towards Research and Development across these companies, thereby enhancing competitive strategies and expanding market reach within the US Neurovascular Devices industry.

Future Outlook

US Neurovascular Devices Market Future Outlook

The neurovascular devices market is projected to grow at a 6.09% CAGR from 2024 to 2035, driven by technological advancements, increasing prevalence of neurovascular diseases, and rising healthcare expenditure.

New opportunities lie in:

  • Development of AI-driven diagnostic tools for early detection of neurovascular conditions.
  • Expansion of telehealth services for remote monitoring of patients with neurovascular devices.
  • Partnerships with healthcare providers for integrated care solutions in neurovascular treatment.

By 2035, The neurovascular devices market is expected to achieve significant growth, reflecting evolving healthcare needs.

Market Segmentation

US Neurovascular Devices Market Type Outlook

  • Interventional Neurology Devices
  • Neurovascular Stents
  • Embolic Agents
  • Catheters
  • Flow Diverters

US Neurovascular Devices Market End Use Outlook

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

US Neurovascular Devices Market Application Outlook

  • Aneurysm Treatment
  • Arteriovenous Malformation Treatment
  • Intracranial Atherosclerotic Disease
  • Ischemic Stroke
  • Hemorrhagic Stroke

Report Scope

MARKET SIZE 2024 1467.31(USD Million)
MARKET SIZE 2025 1556.67(USD Million)
MARKET SIZE 2035 2810.44(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.09% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Medtronic (US), Stryker (US), Boston Scientific (US), Johnson & Johnson (US), Terumo (JP), Penumbra (US), MicroVention (US), Asahi Intecc (JP)
Segments Covered Type, Application, End Use
Key Market Opportunities Advancements in minimally invasive techniques enhance growth potential in the neurovascular devices market.
Key Market Dynamics Technological advancements and regulatory changes drive innovation and competition in the neurovascular devices market.
Countries Covered US

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FAQs

What is the expected market size of the US Neurovascular Devices Market in 2024?

The US Neurovascular Devices Market is expected to be valued at 1.1 billion USD in 2024.

What is the projected market growth rate for the US Neurovascular Devices Market from 2025 to 2035?

The market is expected to grow at a CAGR of 6.504 percent from 2025 to 2035.

What will be the market size of the US Neurovascular Devices Market by 2035?

By 2035, the market is projected to reach a size of 2.2 billion USD.

Which device type will dominate the US Neurovascular Devices Market by 2035?

Interventional Neurology Devices are expected to dominate, projected to reach 0.7 billion USD by 2035.

Who are the key players in the US Neurovascular Devices Market?

Major players include Medtronic, Boston Scientific, Abbott Laboratories, and Stryker among others.

What is the expected value of Neurovascular Stents in 2024?

Neurovascular Stents are expected to be valued at 0.25 billion USD in 2024.

What challenges are likely to affect the growth of the US Neurovascular Devices Market?

Technological advancements and stringent regulations pose challenges to market growth.

What growth opportunities exist in the US Neurovascular Devices Market?

Innovations in device technology and increasing prevalence of neurovascular diseases present growth opportunities.

What value are Embolic Agents projected to reach by 2035?

Embolic Agents are projected to reach a value of 0.4 billion USD by 2035.

How is the market for Catheters projected to change from 2024 to 2035?

The market for Catheters is expected to grow from 0.15 billion USD in 2024 to 0.3 billion USD by 2035.

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