Europe Neurovascular Devices Market Segments and Growth by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Europe Neurovascular Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Neurothrombectomy Devices, Aneurysm Coiling & Embolization Devices, Cerebral Balloon Angioplasty & Stenting Systems and Support Devices); Application (Cerebral Aneurysms, Ischemic Strokes, Arteriovenous Malformation & Fistulas, and Other Applications); End User (Hospitals, Ambulatory Surgical Centers, and Specialized Clinics) and Country

Report Date : Nov 2020
Report Code : TIPRE00016224

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 120

Page Updated: Nov 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Europe neurovascular devices market is expected to reach US$ 999.65 Mn in 2027 from US$ 773.41 Mn in 2019. The market is estimated to grow with a CAGR of 3.4% from 2020-2027.

Key factors that are driving growth of the Europe Neurovascular Devices market are Increasing Incidences of neurovascular diseases, rising demand for minimally invasive procedures, and significantly growing aging population. However, the Europe Neurovascular Devices market is expected to grow at slower pace owing to the factors such as high cost of embolization coils and lack of expert professionals operating neurovascular disorders.

Neurovascular devices are used for the treatment of neurovascular diseases that possibly affects the network of blood vessels that surround the brain. This leads to incurable conditions such as strokes and aneurysms. Neurovascular devices are used to prevent stroke, aneurysm embolization, carotid stenosis and other symptoms. Neurovascular devices are also used for performing surgical procedures to treat aneurysms and other cranial blood flow problems. The prevalence of cerebral aneurysms has increased tremendously across the globe. According to data published by NHS, the annual rate of rupture in the United Kingdom is found close to 1 per 12,500 people. A brain aneurysm ruptures every 18 minutes. Thus, it is estimated that the rising prevalence of cerebral aneurysms is likely to fuel the growth of the market during the forecast period.

Additionally, several recent advances, such as favourable reimbursement policies, minimally invasive therapeutic modalities, and ongoing product development and commercialization, will drive market growth.

Moreover, COVID-19 pandemic has affected the market adversely. For instance, the limited availability of medical care for conditions other than COVID-19 around the world has negatively impacted the neurovascular market. Furthermore, the limited availability of healthcare staff across the globe will hamper the neurovascular devices market's growth.

Europe Neurovascular Devices Market Revenue and Forecast to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

EUROPE NEUROVASCULAR DEVICES MARKET SEGMENTATION

By Product

Neurothrombectomy Devices
- Clot Retrieval Devices
- Suction & Aspiration Devices
- Snares
Aneurysm Coiling & Embolization Devices
- Embolic Coils
  - Bare Detachable Coils
  - Coated Detachable Coils
- Flow Diversion Devices
- Liquid Embolic Agents
Cerebral Balloon Angioplasty & Stenting Systems
- Carotid Artery Stents
- Embolic Protection Systems
  - Balloon Occlusion Devices
  - Distal Fillers
Support Devices
- Microcatheters
- Microguidewires

By Application

Cerebral Aneurysms
Arteriovenous Malformation & Fistulas
Other Applications

By End User

Hospitals
Ambulatory Surgical Centers
Specialized Clinics

By Country

- UK
- Germany
- Spain
- Italy
- France

Company Profiles

Medtronic plc
Johnson and Johnson, Inc (DePuy Synthes)
Penumbra, Inc
Terumo Corporation
MicroPort Scientific Corporation
Integer Holdings Corporation
Memry Corporation
Phenox GmbH

Europe Neurovascular Devices Report Scope

Report Attribute	Details
Market size in 2019	US$ 773.41 Million
Market Size by 2027	US$ 999.65 Million
Global CAGR (2020 - 2027)	3.4%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Product Neurothrombectomy Devices Aneurysm Coiling & Embolization Devices Cerebral Balloon Angioplasty & Stenting Systems and Support Devices By Application Cerebral Aneurysms Ischemic Strokes Arteriovenous Malformation & Fistulas Other Applications By End User Hospitals Ambulatory Surgical Centers Specialized Clinics
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Medtronic plc Johnson and Johnson, Inc (DePuy Synthes) Penumbra, Inc Terumo Corporation MicroPort Scientific Corporation Integer Holdings Corporation Memry Corporation Phenox GmbH

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Europe Neurovascular Devices Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Recent Reports

Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.

The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

YUKIHIKO ADACHI CEO, Deep Blue, LLC.

We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.

PIYUSH NAGPAL Sr. Vice President, High Beam Global

I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.

Jean-Herve Jenn Chairman, Future Analytica

This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.

John Suzuki President and Chief Executive Officer, Board Director, BK Technologies

The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.

Ran Kedem Partner, Reali Technologies LTDs

Reason to Buy