Mexico Neurovascular Devices Market Size & Outlook
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Mexico neurovascular devices market highlights
- The Mexico neurovascular devices market generated a revenue of USD 225.1 million in 2024 and is expected to reach USD 350.7 million by 2033.
- The Mexico market is expected to grow at a CAGR of 5% from 2025 to 2033.
- In terms of segment, cerebral embolization and aneurysm coiling devices was the largest revenue generating device type in 2024.
- Cerebral Embolization and Aneurysm Coiling Devices is the most lucrative device type segment registering the fastest growth during the forecast period.
Neurovascular devices market data book summary
| Market revenue in 2024 | USD 225.1 million |
| Market revenue in 2033 | USD 350.7 million |
| Growth rate | 5% (CAGR from 2025 to 2033) |
| Largest segment | Cerebral embolization and aneurysm coiling devices |
| Fastest growing segment | Cerebral Embolization and Aneurysm Coiling Devices |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cerebral Embolization and Aneurysm Coiling Devices, Cerebral Angioplasty and Stenting Systems, Neurothrombectomy Devices, Support Devices, Trans Radial Access Devices |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Penumbra Inc, MicroPort Scientific Corp, Stryker Corp, Terumo Corp, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg, Zylox |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.1% of the global neurovascular devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil neurovascular devices market is projected to lead the regional market in terms of revenue in 2033.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 559.8 million by 2033.
Cerebral embolization and aneurysm coiling devices was the largest segment with a revenue share of 49.76% in 2024. Horizon Databook has segmented the Mexico neurovascular devices market based on cerebral embolization and aneurysm coiling devices, cerebral angioplasty and stenting systems, neurothrombectomy devices, support devices, trans radial access devices covering the revenue growth of each sub-segment from 2021 to 2033.
Mexico's neurovascular devices market is anticipated to witness low-slung growth over the forecast period. The rising geriatric population is anticipated to fuel the market at a moderate pace in this country.
For instance, according to the World Data Atlas, in 2020, the population aged 65 years and above for Mexico was 7.6 %. Over the past 50 years, Mexico’s population aged 65 years and above grew substantially from 3.8% to 7.6%, rising at a cumulative annual rate that reached a maximum of 2.72% in 2020.
As the geriatric population is at a higher risk of neurological diseases, such as stroke, trauma, meningitis, migraine and others, this factor is likely to fuel market growth in coming years. Moreover, a lack of skilled professionals and less knowledge regarding the treatment of acute ischemic stroke are among the factors expected to impede market growth.
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Neurovascular Devices Market Scope
Neurovascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zylox | View profile | 501-1000 | Hangzhou, Zhejiang, China, Asia | http://www.zyloxmedical.com/ |
| Acandis GmbH | View profile | 251-500 | Pforzheim, Baden-Wurttemberg, Germany, Europe | https://www.acandis.com/start-1-en |
| Spiegelberg | View profile | 11-50 | Hamburg, Hamburg, Germany, Europe | https://www.spiegelberg.de/en/ |
| Penumbra Inc | View profile | 4200 | One Penumbra Place, Alameda, CA, United States, 94502 | https://www.penumbrainc.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Integra Lifesciences Holdings Corp | View profile | 3946 | 1100 Campus Road, Princeton, NJ, United States, 08540 | https://www.integralife.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 |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Mexico neurovascular devices market size, by device type, 2021-2033 (US$M)
Mexico Neurovascular Devices Market Outlook Share, 2024 & 2033 (US$M)
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