Global Neuroendovascular Coil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

GDC, and Matrix Coil.

By Application;

Aneurysm-Embolization, Malformation-Embolization, Ischemic Stroke-Revascularization, and Stenosis-Revascularization.

By End User;

Hospitals, and ASCs.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn146987167 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neuroendovascular Coil Market (USD Million), 2021 - 2031

In the year 2024, the Global Neuroendovascular Coil Market was valued at USD 1,054.28 million. The size of this market is expected to increase to USD 1,332.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.

Neuroendovascular coils play a critical role in the treatment of various neurological conditions, particularly intracranial aneurysms and hemorrhages. These coils are used in neurointerventional procedures to promote clotting within an aneurysm, ultimately preventing rupture and reducing the risk of life-threatening bleeding events. The global neuroendovascular coil market encompasses a wide range of coil devices designed to meet the diverse needs of neurosurgeons and interventional radiologists in managing cerebrovascular diseases.

With the increasing incidence of cerebrovascular disorders worldwide, the demand for neuroendovascular coils is on the rise. Factors such as aging populations, lifestyle changes, and advancements in diagnostic techniques contribute to the growing prevalence of conditions like intracranial aneurysms, arteriovenous malformations (AVMs), and ischemic strokes. Consequently, the neuroendovascular coil market is witnessing steady expansion, driven by the need for effective and minimally invasive treatment options for these conditions.

The market is characterized by continuous innovation in coil design, materials, and delivery systems, aimed at enhancing procedural outcomes and patient safety. Advancements such as bioactive coatings, shape memory alloys, and detachable coil technologies contribute to improved aneurysm occlusion rates, reduced risk of recanalization, and enhanced compatibility with various anatomical configurations. Additionally, the development of adjunctive technologies like flow diverters and stents further expands the treatment options available to neurointerventionalists, driving market growth.

The market for neuroendovascular coils is distributed across major regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe dominate the market, supported by well-established healthcare infrastructure, high healthcare expenditures, and early adoption of advanced medical technologies. Meanwhile, the Asia-Pacific region is witnessing rapid market growth fueled by improving healthcare access, rising awareness of neurovascular diseases, and increasing investment in healthcare infrastructure.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Neuroendovascular Coil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Incidence of Neurological Disorders
        2. Technological Advancements in Coil Design and Delivery Systems
        3. Growing Adoption of Minimally Invasive Procedures
      2. Restraints
        1. High Cost of Neuroendovascular Coil Procedures
        2. Regulatory Challenges and Safety Concerns
        3. Competition from Alternative Treatment Modalities
      3. Opportunities
        1. Emerging Markets and Untapped Patient Population
        2. Development of Next-Generation Coil Technologies
        3. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Neuroendovascular Coil Market, By Product, 2021 - 2031 (USD Million)
      1. GDC
      2. Matrix Coil
    2. Global Neuroendovascular Coil Market, By Application, 2021 - 2031 (USD Million)
      1. Aneurysm-Embolization
      2. Malformation-Embolization
      3. Ischemic Stroke-Revascularization
      4. Stenosis-Revascularization
    3. Global Neuroendovascular Coil Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. ASCs
    4. Global Neuroendovascular Coil 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. DePuy Synthes Companies
      2. Medtronic
      3. Stryker
      4. MicroVention
  7. Analyst Views
  8. Future Outlook of the Market