Press release
Neurothrombectomy Devices Market Projected to Surpass US$ 1,418.33 Million Witnessing 6.8 % CAGR Growth From 2025 to 2034
Neurothrombectomy Devices Market
Market Overview:
Neurothrombectomy devices are specialized medical instruments used to remove blood clots from the neurovascular system, particularly in patients experiencing acute ischemic stroke. These devices are classified into three main types by the U.S. Food and Drug Administration: coil retrievers, aspiration devices, and stent retrievers. Coil retrievers consist of a nitinol wire and are delivered through a microcatheter to the clot site, where the coil is deployed through the clot to capture the thrombus and then withdrawn into the catheter. Aspiration devices use vacuum suction to remove the clot, with systems like the Penumbra system using a wire with a bulging tip to disrupt the clot before suctioning it into the catheter. These devices play a crucial role in restoring blood flow and minimizing brain damage during ischemic stroke treatment.
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Driving Factors:
Growing Cases of Ischemic Strokes:
The growing prevalence of ischemic strokes notably pushes market advancements. As per the Centers for Disease Control and Prevention, in the US, more than 795,000 cases of stroke are registered yearly, with roughly 87% of these being ischemic strokes, where blood flow to the brain is blocked. This elevated case highlights the crucial requirement for productive mediation of minimally invasive stroke treatment. This drives the adoption of neurothrombectomy processes, propelling the neurothrombectomy devices market forward.
Technological Progressions:
Technological progressions in mechanical thrombectomy have improved the efficiency and safety of clot withdrawal processes, enhancing escalated usage. Studies have showed that mechanical thrombectomy is a secure and productive cure for acute ischemic stroke, achieving successful blood flow reposition in a notable percentage of cases.
Competitive Landscape:
The market is excessively competitive in nature, with prominent contenders dominating the market.
The list of key companies profiled is:
• Abbott Laboratories
• Acandis GmbH
• AngioDynamics, Inc.
• Argon Medical Devices, Inc.
• Boston Scientific Corporation
• Edwards Lifesciences Corporation
• Johnson & Johnson Services, Inc. (Cerenovus)
• LeMaitre Vascular, Inc.
• Medtronic plc
• MicroVention, Inc. (a subsidiary of Terumo Corporation)
• Penumbra, Inc.
• Phenox GmbH
• Stryker Corporation
• Terumo Corporation
• Vesalio, LLC
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Neurothrombectomy Devices Market Report Highlights:
• By product, the clot retrievers segment accounted for the largest share of the neurothrombectomy devices market revenue in 2024 due to their high efficacy in mechanical thrombectomy procedures, while aspiration/suction devices are expected to witness the highest growth due to advancements in vacuum-assisted clot removal technologies.
• By end use, the hospitals segment dominated the neurothrombectomy devices market share as they are the primary centers for stroke treatment with well-equipped neurovascular units, while ambulatory surgical centers are experiencing rapid growth due to increasing demand for minimally invasive procedures and faster patient recovery.
• North America holds the largest market share due to advanced healthcare infrastructure, high stroke incidence, and strong reimbursement policies, while Asia-Pacific is the fastest-growing region driven by rising healthcare investments, increasing awareness, and improving stroke management facilities.
Market Segmentation:
The neurothrombectomy devices market is categorized by product, end use, and region.
Based on product, the clot retrievers segment dominates the market share due to their elevated effectiveness in mechanically withdrawing blood clots from cerebral arteries, which is important in curing acute ischemic strokes.
Based on end use, the hospitals segment held the highest share in 2024 due to the thorough healthcare services hospitals provide, involving progressive diagnostic and surgical potential important for handling acute ischemic strokes.
Neurothrombectomy Devices Market, Product Outlook (Revenue - USD Million, 2020-2034)
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
Neurothrombectomy Devices Market, End-Use Outlook (Revenue - USD Million, 2020-2034)
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
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Regional Insights:
• North America
o Product Outlook
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
o End-Use Outlook
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
• Europe
o Product Outlook
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
o End-Use Outlook
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
• Asia Pacific
o Product Outlook
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
o End-Use Outlook
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
• Latin America
o Product Outlook
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
o End-Use Outlook
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
• Middle East & Africa
o Product Outlook
• Clot Retrievers
• Aspiration/Suction Devices
• Vascular Snares
o End-Use Outlook
• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers
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