Neurovascular Catheters Global Market Report 2024

Description

“Neurovascular Catheters Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on neurovascular catheters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for neurovascular catheters? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The neurovascular catheters market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Micro catheters; Balloon Catheters; Access Catheters; Embolization Catheters; Other Types
2) By Application: Embolic Stroke; Brain Aneurysm; Arteriovenous Malformations; Other Applications
3) By End-Use: Hospitals; Clinics; Ambulatory Surgical Centers; Diagnostic Centers
Companies Mentioned: Medtronic plc; Stryker Corporation; Integra Life Sciences Holdings Corporation; Penumbra Inc.; Johnson & Johnson
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Neurovascular catheters serve as medical devices employed in the treatment of neurological conditions and diseases. They enable access to neurovascular organs and facilitate the delivery of embolic coils and thrombectomy devices. These devices are integral in minimally invasive procedures targeting blood vessel disorders within the brain, eliminating the need for incisions into the skull or brain tissue by manually inserting catheters through the patient's femoral or brachial arteries, guiding them to the brain for treatment.

Key types of neurovascular catheters include micro catheters, balloon catheters, access catheters, and embolization catheters. Micro catheters, with diameters typically ranging from 0.70 to 1.30mm, are utilized in intricate endovascular procedures for guidewire support, navigating complex vasculature, delivering therapeutic embolic materials, injecting contrast media, and performing other minimally invasive operations. These catheters find applications in treating conditions such as embolic stroke, brain aneurysms, arteriovenous malformations, and more. They are used across various healthcare settings including hospitals, clinics, ambulatory surgical centers, and diagnostic facilities.

The neurovascular catheters market research report is one of a series of new reports from The Business Research Company that provides neurovascular catheters market statistics, including neurovascular catheters industry global market size, regional shares, competitors with a neurovascular catheters market share, detailed neurovascular catheters market segments, market trends and opportunities, and any further data you may need to thrive in the neurovascular catheters industry. This neurovascular catheters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The neurovascular catheters market size has grown strongly in recent years. It will grow from $4.22 billion in 2023 to $4.63 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. Historical growth in the utilization of neurovascular catheters can be attributed to several factors. These include the increased paperwork within enterprises, the improvement in accuracy and recognition rates of these catheters, the growth of the banking and financial services sector, the digitization of medical records, addressing the needs within the education sector, as well as initiatives aimed at reducing costs.

The neurovascular catheters market size is expected to see strong growth in the next few years. It will grow to $6.72 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. Anticipated growth in the upcoming period within the realm of neurovascular catheters can be attributed to various factors. These include the growing regulatory compliance needs, the expansion of data analytics utilization, cross-industry adoption of these catheters, enhancements in security features, and an increased emphasis on environmental sustainability within this field.

The growth trajectory of the neurovascular catheter market is poised to surge due to the escalating incidence of neurological conditions. These conditions, impacting the brain, nerves, and spinal cord, prompt the use of neurovascular catheters for diagnosis and intervention in neurovascular procedures. Notably, the World Health Organization's 2022 report projects a concerning statistic one in four individuals over 25 may face a stroke in their lifetime, with 13.7 million new cases annually, resulting in 5.5 million deaths. Additionally, hemorrhagic strokes, affecting nearly 15 million globally, contribute significantly to this trend, emphasizing the market's expansion linked to neurological ailments.

The anticipated expansion of the neurovascular catheter market is driven by the burgeoning aging population. This demographic shift, characterized by a rising proportion of elderly individuals, emphasizes the critical role of neurovascular catheters in addressing neurological issues prevalent in aging demographics. As highlighted in the World Health Organization's October 2022 report, the global populace aged 60 and above is expected to reach 1.4 billion by 2050, doubling to 2.1 billion by 2050. Consequently, the market's growth is inexorably linked to the increasing demands of an aging demographic seeking neurological care.

Technological innovation stands as a pivotal trend driving the evolution of the neurovascular catheters market. Market leaders are vigorously innovating to fortify their market position. Notably, Bendit Technologies' introduction of the Bendit21 steerable micro catheter in February 2022 showcases significant advancements. This catheter's three-dimensional clinician-controlled movement and its ability to access intricate vascular sites, simplifying complex catheterization processes, signifies a breakthrough in achieving swift and precise results.

Companies within the neurovascular catheter market focus on the development of balloon guide catheters (BGC). A case in point is EOSolutions Corporation's launch of the 'Dr. Banner balloon guide catheter (BGC)' in May 2023. This innovative device boasts an impressive inner diameter of 0.091, superior distal trackability, a super-compliant polyurethane balloon, and enhanced proximal stability. These features position the BGC as a superior tool for neurovascular procedures, underscoring the market's focus on cutting-edge product development.

In January 2022, VitalPath, a US-based manufacturer of catheters and catheter shafts acquired Modern Catheter Technologies for an undisclosed amount. The acquisition will increase VitalPath's capacity for growth, bringing its entire manufacturing footprint to more than 80,000 square feet, including 35,000 square feet of ISO 7 and 8 cleanroom space. Modern Catheter Technologies is a US-based manufacturer of micro catheters used in neurovascular and electrophysiology.

Major companies operating in the neurovascular catheters market report are Medtronic plc, Stryker Corporation, Integra Life Sciences Holdings Corporation, Penumbra Inc., Johnson & Johnson, Terumo Corporation, Acandis GmbH, Biomerics LLC, Zeus Industrial Products Inc., Spiegelberg GmbH & Co. KG, Zimmer Biomet Holdings Inc., Concentric Medical lnc., Raumedic AG, Olympus Corporation, Braun Melsungen AG, Integer Holdings Corporation, Imperative Care Inc., Balt LLC, DePuy Synthes Companies, Creganna-Tactx Medical, Phenox GmbH, Teleflex Incorporated, Microvention Inc., Boston Scientific Corporation, Cook Medical LLC, Cordis Corporation, Merit Medical Systems Inc., NeuroSigma Inc., Rapid Medical Ltd., Surtex Instruments Limited, Vascular Solutions Inc., W. L. Gore & Associates Inc., Abbott Laboratories

North America was the largest region in the neurovascular catheters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global neurovascular catheters market during the forecast period. The regions covered in the neurovascular catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the neurovascular catheters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The neurovascular catheters market consists of sales of occlusion catheters, stent delivery catheters, diagnostic catheters, guiding catheters, and distal access catheters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11958

1. Executive Summary

2. Neurovascular Catheters Market Characteristics

3. Neurovascular Catheters Market Trends And Strategies

4. Neurovascular Catheters Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Neurovascular Catheters Market Size and Growth

5.1. Global Neurovascular Catheters Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Neurovascular Catheters Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Neurovascular Catheters Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Neurovascular Catheters Market Segmentation

6.1. Global Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Micro catheters
Balloon Catheters
Access Catheters
Embolization Catheters
Other Types
6.2. Global Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Embolic Stroke
Brain Aneurysm
Arteriovenous Malformations
Other Applications
6.3. Global Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Centers

7. Neurovascular Catheters Market Regional And Country Analysis

7.1. Global Neurovascular Catheters Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Neurovascular Catheters Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Neurovascular Catheters Market

8.1. Asia-Pacific Neurovascular Catheters Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Neurovascular Catheters Market

9.1. China Neurovascular Catheters Market Overview
9.2. China Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Neurovascular Catheters Market

10.1. India Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Neurovascular Catheters Market

11.1. Japan Neurovascular Catheters Market Overview
11.2. Japan Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Neurovascular Catheters Market

12.1. Australia Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Neurovascular Catheters Market

13.1. Indonesia Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Neurovascular Catheters Market

14.1. South Korea Neurovascular Catheters Market Overview
14.2. South Korea Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Neurovascular Catheters Market

15.1. Western Europe Neurovascular Catheters Market Overview
15.2. Western Europe Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Neurovascular Catheters Market

16.1. UK Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Neurovascular Catheters Market

17.1. Germany Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Neurovascular Catheters Market

18.1. France Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Neurovascular Catheters Market

19.1. Italy Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Neurovascular Catheters Market

20.1. Spain Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Neurovascular Catheters Market

21.1. Eastern Europe Neurovascular Catheters Market Overview
21.2. Eastern Europe Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Neurovascular Catheters Market

22.1. Russia Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Neurovascular Catheters Market

23.1. North America Neurovascular Catheters Market Overview
23.2. North America Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Neurovascular Catheters Market

24.1. USA Neurovascular Catheters Market Overview
24.2. USA Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Neurovascular Catheters Market

25.1. Canada Neurovascular Catheters Market Overview
25.2. Canada Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Neurovascular Catheters Market

26.1. South America Neurovascular Catheters Market Overview
26.2. South America Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Neurovascular Catheters Market

27.1. Brazil Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Neurovascular Catheters Market

28.1. Middle East Neurovascular Catheters Market Overview
28.2. Middle East Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Neurovascular Catheters Market

29.1. Africa Neurovascular Catheters Market Overview
29.2. Africa Neurovascular Catheters Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Neurovascular Catheters Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Neurovascular Catheters Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Neurovascular Catheters Market Competitive Landscape And Company Profiles

30.1. Neurovascular Catheters Market Competitive Landscape
30.2. Neurovascular Catheters Market Company Profiles
- 30.2.1. Medtronic plc
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Stryker Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Integra Life Sciences Holdings Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Penumbra Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Johnson & Johnson
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Neurovascular Catheters Market Competitive Benchmarking

32. Global Neurovascular Catheters Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Neurovascular Catheters Market

34. Neurovascular Catheters Market Future Outlook and Potential Analysis

34.1 Neurovascular Catheters Market In 2028 - Countries Offering Most New Opportunities
34.2 Neurovascular Catheters Market In 2028 - Segments Offering Most New Opportunities
34.3 Neurovascular Catheters Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer