South Africa Neurovascular Devices Market Size & Outlook
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South Africa neurovascular devices market highlights
- The South Africa neurovascular devices market generated a revenue of USD 108.0 million in 2024 and is expected to reach USD 165.0 million by 2033.
- The South Africa market is expected to grow at a CAGR of 4.8% 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 108.0 million |
| Market revenue in 2033 | USD 165.0 million |
| Growth rate | 4.8% (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, South Africa accounted for 1.5% 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 Middle East & Africa, South Africa neurovascular devices market is projected to lead the regional market in terms of revenue in 2033.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 78.6 million by 2033.
Cerebral embolization and aneurysm coiling devices was the largest segment with a revenue share of 45.09% in 2024. Horizon Databook has segmented the South Africa 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.
The South African neurovascular devices market is anticipated to witness considerable growth over the forecast period. Increasing healthcare expenditure and rising adoption of advanced healthcare facilities are among major factors driving the market.
For instance, as per an article published by the Economist Intelligence Unit in 2018, the South African government increased healthcare expenditure by 9.00% from the previous year. Such factors are expected to create opportunities in South Africa market, leading to entry of new and key players into the market.
In addition, according to a study published by INTERSTROKE in 2018, acute ischemic stroke accounted for around 66.00% of stroke cases in Africa. Therefore, such factors are expected to propel market growth over the forecast period.
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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 |
South Africa neurovascular devices market size, by device type, 2021-2033 (US$M)
South Africa Neurovascular Devices Market Outlook Share, 2024 & 2033 (US$M)
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