Global Neurovascular Guidewires Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Shapeable Tip Guidewires, Straight Tip Guidewires, Angled Tip Guidewires, and Round Curve Tip Guidewires.

By Applications;

Arteriovenous Malformations, Intracranial and Extra-Cranial Angioplasty, Aneurysms, Minimally Invasive Spine Surgery, and Cerebral Angiography.

By Coating Type;

Hydrophilic Guidewires and Hydrophobic Guidewires.

By End User;

Hospitals, Laboratories, Research Institutes, Biopharmaceutical Companies, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn514667685 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neurovascular Guidewires Market (USD Million), 2021 - 2031

In the year 2024, the Global Neurovascular Guidewires Market was valued at USD 353.74 million. The size of this market is expected to increase to USD 471.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

In 2022, North America emerges as the dominant region in the global vascular guidewires marketplace, primarily due to its advanced healthcare infrastructure, substantial healthcare expenditure, and a strong focus on technological advancements. The presence of leading medical device companies, research institutions, and a well-established regulatory environment further contributes to North America's prominence in this sector.

However, the Asia Pacific region is experiencing the most rapid growth in the vascular guidewires market. This growth can be attributed to several factors, including increasing healthcare investments, a growing patient population, and a preference for minimally invasive procedures. Additionally, economic development, the expansion of the middle class, and improving healthcare access in countries like China and India are fueling the demand for advanced medical devices, including vascular guidewires.

  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 Type
    2. Market Snapshot, By Applications
    3. Market Snapshot, By Coating Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Neurovascular Guidewires Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Neurovascular Diseases
        2. Technological Advancements
        3. Favorable Reimbursement Scenario
      2. Restraints
        1. High Cost of Procedures
        2. Complications Associated with Guidewire Use
      3. Opportunities
        1. Emerging Markets
        2. Development of New Guidewire Technologies
        3. Focus on Reimbursement
    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 Neurovascular Guidewires Market, By Product Type, 2021 - 2031 (USD Million)
      1. Shapeable Tip Guidewires
      2. Straight Tip Guidewires
      3. Angled Tip Guidewires
      4. Round curve Tip Guidewires
    2. Global Neurovascular Guidewires Market, By Applications, 2021 - 2031 (USD Million)
      1. Arteriovenous Malformations
      2. Intracranial and Extra-Cranial Angioplasty
      3. Aneurysms
      4. Minimally Invasive Spine surgery
      5. Cerebral Angiography
    3. Global Neurovascular Guidewires Market, By Coating Type, 2021 - 2031 (USD Million)
      1. Hydrophilic Guidewires
      2. Hydrophobic Guidewires
    4. Global Neurovascular Guidewires Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Laboratories
      3. Research Institutes
      4. Biopharmaceutical Companies
      5. Others
    5. Global Neurovascular Guidewires 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. Boston Scientific Corporation
      2. Medtronic
      3. Penumbra Inc
      4. Stryker
      5. Asahi Intecc Co. Ltd
      6. Integer Holding Corporation
      7. ONMED Corporation
  7. Analyst Views
  8. Future Outlook of the Market