Europe Neurothrombectomy Devices Market Size & Outlook
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Europe neurothrombectomy devices market highlights
- The Europe neurothrombectomy devices market generated a revenue of USD 227.7 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, clot retrievers was the largest revenue generating product in 2023.
- Clot Retrievers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 227.7 million |
| Market revenue in 2030 | USD 375.1 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Clot Retrievers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
| Key market players worldwide | Medtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio |
Other key industry trends
- In terms of revenue, Europe region accounted for 32.7% of the global neurothrombectomy devices market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 375.1 million by 2030.
Clot retrievers was the largest segment with a revenue share of 59.64% in 2024. Horizon Databook has segmented the Europe neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the second largest market share and is anticipated to exhibit significant growth rate over the forecast period. Europe is one of the most advanced regions globally with advanced technologies and infrastructure resulting in significant healthcare facilities and patient care.
Increasing incidence of acute ischemic stroke, rising adoption of sedentary lifestyle, and introduction of technologically advanced products in the European market can be attributed to the growth of neuro thrombectomy devices market.
In addition, increase in investments by government & private institutions is also expected to drive the market. However, lack of supportive reimbursement policies in developing countries of Europe is likely to hinder the market growth over the forecast period.
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Neurothrombectomy Devices Market Scope
Neurothrombectomy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vesalio | View profile | 11-50 | Nashville, Tennessee, United States, North America | https://www.vesalio.com |
| Phenox | View profile | 101-250 | Bochum, Nordrhein-Westfalen, Germany, Europe | http://www.phenox.net/ |
| Acandis GmbH | View profile | 251-500 | Pforzheim, Baden-Wurttemberg, Germany, Europe | https://www.acandis.com/start-1-en |
| Penumbra Inc | View profile | 4200 | One Penumbra Place, Alameda, CA, United States, 94502 | https://www.penumbrainc.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
Europe neurothrombectomy devices market size, by country, 2018-2030 (US$M)
Europe Neurothrombectomy Devices Market Outlook Share, 2024 & 2030 (US$M)
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