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

By Product Type;

Balloon Expanding Stents and Self-Expanding Stents.

By Material;

Metal, Stainless Steel, Nitinol, and Polymer.

By End User;

Hospitals, Ambulatory Surgical Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn160171279 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Neurovascular Stent Retrievers Market (USD Million), 2021 - 2031

In the year 2024, the Global Neurovascular Stent Retrievers Market was valued at USD 789.34 million. The size of this market is expected to increase to USD 1,210.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The COVID-19 pandemic had a significant impact on global healthcare systems, disrupting routine care in many facilities and posing risks to vulnerable patients, including those with neurodegenerative diseases. Studies, like "Pandemic Meets Epidemic: COVID-19 and Neurodegenerative Diseases," published in December 2020, highlighted a rise in severe neurological manifestations among COVID-19 patients, such as stroke and encephalopathy, attributed to the virus's invasion of nervous tissues.

To manage elective neurosurgeries during the pandemic, various strategies were implemented, as outlined in the study "Neurosurgery and Coronavirus: Impact and Challenges-Lessons Learned From the First Wave of a Global Pandemic" from November 2021. These strategies included proactive communication with referrers, leveraging technology for remote consultations, restructuring patient pathways, and utilizing private sector hospitals for NHS care. Challenges in performing neurosurgeries during this time impacted the market for neurovascular thrombectomy devices. However, as lockdowns ease and restrictions lift, market growth is expected to rebound.

Factors driving the growth of the neurovascular thrombectomy devices market include the increasing prevalence of acute ischemic stroke, technological advancements, and the introduction of new products. Additionally, rising investments and strategic initiatives by key market players are expected to further fuel market growth in the forecast period.

  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 Material
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Neurovascular Stent Retrievers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Neurovascular Diseases
        2. Technological Advancements
        3. Increasing Adoption of Minimally Invasive Procedures
      2. Restraints
        1. High Cost of Procedures and Devices
        2. Reimbursement Policies
      3. Opportunities
        1. Rising Research Activities
        2. Focus on Early Stroke Intervention
    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 Stent Retrievers Market, By Product Type, 2021 - 2031 (USD Million)
      1. Balloon Expanding Stents
      2. Self-Expanding Stents
    2. Global Neurovascular Stent Retrievers Market, By Material, 2021 - 2031 (USD Million)
      1. Metal
      2. Stainless Steel
      3. Nitinol
      4. Polymer
    3. Global Neurovascular Stent Retrievers Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Others
    4. Global Neurovascular Stent Retrievers 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. Stryker
      2. Medtronic Plc
      3. STI Laser Industries, Ltd
      4. Norman Noble
      5. Hobbs Medical IN
      6. Akron Inc
  7. Analyst Views
  8. Future Outlook of the Market