Neurothrombectomy Devices Market Size

Neurothrombectomy Devices Market size was valued at USD 761.76 million in 2024 and is set to exceed USD 1.79 billion by 2037, expanding at over 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of neurothrombectomy devices is estimated at USD 803.2 million. The growth of the market can be attributed to the growing concern about the rising incidences of strokes, where neurothrombectomy devices are required when a clot occurs in one of the blood vessels that supply oxygen and nutrients to the brain, causing a condition of stroke. According to the statistics, each year, there are more than 8 million new cases of ischemic stroke. Ischemic strokes account for more than 63% of all incident strokes worldwide. Further, the growing awareness among people regarding strokes, coupled with surging incidences of acute ischemic stroke among people across the globe, is also expected to add to the market growth. Additionally, escalating development of highly advanced novel suction or aspiration devices, and aspiration catheters for stroke is another significant factor that is estimated to drive the market growth further by the end of 2033.

In addition to these, factors that are believed to fuel the growth of neurothrombectomy devices market include the rising impact of stress, modern lifestyle, and unhealthy diet habits among people that have been affecting people. Moreover, surging demand for minimally invasive procedures is another significant factor that is anticipated to push the market growth during the forecast period. Besides this, the increase in the aged population is another major factor that is boosting the growth of the market, as aged people have higher chances of getting severe strokes. For instance, strokes affect around 78% of adults aged 66 and above in the United States. In other words, it becomes a bigger issue as we get older. It is predicted that the risk of getting a stroke doubles every ten years after the age of 55. Additionally, the growing investment in the research and development of advanced devices is also predicted to present the potential for market expansion over the projected time frame.