UAE Neurothrombectomy Devices Market Size & Outlook
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UAE neurothrombectomy devices market highlights
- The UAE neurothrombectomy devices market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 9.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.1% 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.
Neurothrombectomy devices market data book summary
| Market revenue in 2023 | USD 7.4 million |
| Market revenue in 2030 | USD 9.8 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Clot Retrievers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UAE accounted for 1.1% of the global neurothrombectomy devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE neurothrombectomy devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.4 million by 2030.
Clot retrievers was the largest segment with a revenue share of 37.84% in 2024. Horizon Databook has segmented the UAE neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
UAE neuro thrombectomy devices market is expected to witness moderate growth rate over the forecast period. Increasing cases of acute ischemic stroke in UAE are among the major factors contributing to the market growth. According to study published by the Omnia Health in 2020, in UAE, around 7,000 stroke admissions are recorded every year and 85.00% of the strokes are acute ischemic strokes.
Such instances are expected to positively impact the market growth. However, low adoption rate of technologically advanced products and lack of skilled professionals in this country may 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 |
UAE neurothrombectomy devices market size, by product, 2018-2030 (US$M)
UAE Neurothrombectomy Devices Market Outlook Share, 2024 & 2030 (US$M)
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