Global Interventional Neurology Devices And Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Aneurysm Coiling & Embolization Devices, Cerebrospinal Fluid Management Devices, Neurothrombectomy Devices, and Support Devices.

By End User;

Hospitals, Neurology clinics, and Ambulatory care centers, and others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn885768292 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Interventional Neurology Devices And Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Interventional Neurology Devices And Equipment Market was valued at USD 3,142.50 million. The size of this market is expected to increase to USD 5,931.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.5%.

The Global Interventional Neurology Devices and Equipment Market is experiencing substantial growth, driven by increasing prevalence of neurological disorders, advancements in medical technology, and rising demand for minimally invasive procedures. Neurological conditions such as stroke, aneurysms, and arteriovenous malformations (AVMs) are becoming more common due to aging populations and lifestyle changes. This surge in neurological disorders has spurred demand for innovative interventional devices that offer effective, minimally invasive treatment options, thereby reducing recovery times and improving patient outcomes.

Technological advancements in interventional neurology have played a pivotal role in market expansion. Innovations such as advanced neurothrombectomy devices, embolization devices, and intracranial stents have enhanced the precision and safety of neurological procedures. These technological strides have not only improved the efficacy of treatments but also expanded the range of conditions that can be addressed with interventional techniques. The integration of artificial intelligence and imaging technologies has further refined diagnostic and therapeutic capabilities, fostering greater adoption of these devices in clinical practice.

The market is also being driven by the growing preference for minimally invasive procedures among both patients and healthcare providers. Minimally invasive interventions typically involve less trauma, shorter hospital stays, and faster recovery compared to traditional surgical approaches. This preference is supported by increasing awareness of the benefits of such procedures, as well as favorable reimbursement policies in several regions. As a result, there is a rising demand for interventional neurology devices that facilitate these less invasive treatment options, contributing to market growth.

Geographically, North America and Europe have been leading the market, primarily due to well-established healthcare infrastructure, high healthcare spending, and the presence of major medical device companies. However, the Asia-Pacific region is expected to witness the fastest growth in the coming years. Factors such as improving healthcare infrastructure, growing healthcare awareness, and increasing investments in the healthcare sector are driving market expansion in this region. Additionally, the rising incidence of neurological disorders in countries like China and India is further propelling the demand for advanced interventional neurology devices and equipment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Interventional Neurology Devices And Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Neurological Disorders
        2. Technological Advancements
        3. Increasing Healthcare Expenditure and Accessibility
      2. Restraints
        1. High Cost of Procedures and Devices
        2. Lack of Skilled Professionals
        3. Regulatory Challenges and Stringent Approval Processes
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Minimally Invasive Techniques
        3. Collaborations and Partnerships
    2. Regulatory Scenario
      1. Reimbursement Scenario
      2. Mergers & Acquisitions, Collaborations & Partnerships, Agreements
      3. Pipeline Analysis/Technological Advancements
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Baagaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitoive Rivalry
  5. Market Segmentation
    1. Global Interventional Neurology Devices And Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Aneurysm Coiling & Embolization Devices
      2. Cerebrospinal Fluid Management Devices
      3. Neurothrombectomy Devices
      4. Support Devices
    2. Global Interventional Neurology Devices And Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Neurology clinics
      3. Ambulatory care centers and others.
    3. Global Interventional Neurology Devices And Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic
      2. Stryker
      3. Penumbra
      4. Covidien
  7. Analyst Views
  8. Future Outlook of the Market