Global neurovascular devices market to hit 7.22b by 2030

However, high costs and strict regulations may challenge growth.

The global neurovascular devices market is expected to reach $7.22b by 2030 at a compound annual growth rate of 6.5%, according to a MarketsandMarkets report.

The sector’s expansion is attributed to the rising prevalence of neurovascular diseases and the growth of healthcare infrastructure across emerging economies.

“As these diseases often require urgent and specialised interventions, the demand for advanced neurovascular devices such as thrombectomy systems, embolisation coils, and flow diverters continues to grow,” the report said.

However, high procedural costs and strict regulatory approval may challenge market growth.

By end user, the hospitals & ambulatory surgical centres segment is expected to hold the largest market share during the forecast period.