India Neurovascular Devices Market to Grow with a CAGR of 7.98% through 2030

Increasing Prevalence of Neurological Disorders, Especially Stroke and Increased Awareness and Early Diagnosis Among Patients and Physicians are expected to drive the India Neurovascular Devices Market growth in the forecast period, 2026-2030

According to TechSci Research report, “India Neurovascular Devices Market – By Region, Competition, Forecast & Opportunities, 2030F”, the India Neurovascular Devices Market stood at USD 202.95 Million in 2024 and is anticipated to grow with a CAGR of 7.98% in the forecast period.

The India neurovascular devices market is being reshaped by a wave of product innovation, particularly in next-generation stent retrievers, microcatheters, aspiration systems, and detachable coils. These technologies are engineered for greater navigability, precision, and clot retrieval efficiency, significantly enhancing procedural success rates while minimizing invasiveness. These advanced devices are redefining clinical standards by offering effective alternatives to open surgery leading to shorter hospital stays, quicker patient recovery, and reduced complication rates. As a result, physician adoption is rising, and patient confidence in device-based interventions is improving. Leading private hospital chains and tertiary care providers in India are ramping up investments in neuro-interventional toolkits and hybrid operating rooms, fueling a sustained shift toward technology-enabled stroke and aneurysm care.

India is witnessing a structural build-out of dedicated stroke units, interventional neurology programs, and advanced imaging-equipped neuroscience centers, particularly in metros and tier-1 cities. This evolution is backed by capital investments from private healthcare groups, training programs for neuro-interventionists, and policy support aimed at strengthening tertiary care delivery. The rise of “stroke-ready” hospitals is translating into higher procedural throughput and expanded installed capacity for neurovascular interventions. Faster diagnosis and timely treatment are now more achievable, allowing for wider utilization of thrombectomy devices, coils, and flow diverters. This is driving strong demand momentum for both core and adjunctive neurovascular solutions across the country.

Neurological health is increasingly being prioritized under India’s public health agenda. National programs like the NP-NCD (National Programme for Prevention and Control of Non-Communicable Diseases) and wide-reaching health insurance schemes such as Ayushman Bharat PM-JAY are bringing advanced neurological interventions within reach of a broader patient base. With greater insurance penetration, especially in lower-income populations, affordability barriers for high-cost neurovascular procedures are gradually being lowered. This is expanding the addressable market for device manufacturers and encouraging hospitals including public sector facilities to adopt interventional neurology protocols. Additionally, public-private collaborations are facilitating the roll-out of stroke care models in district hospitals and teaching institutions, helping scale access across underserved regions.

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The India Neurovascular Devices Market is segmented into device, therapeutic application, end users, regional distribution, and company.

Based on its end user, the Hospitals segment has emerged as the predominant market leader, Hospitals, particularly large private multispecialty and government tertiary care centers, possess the critical infrastructure required to perform complex neurovascular interventions. These include: Advanced cath labs and hybrid operating rooms, High-resolution neuroimaging systems (CT, MRI, DSA), 24/7 emergency services and intensive care units.

Multidisciplinary teams including neurologists, neurosurgeons, and interventional radiologists. Such infrastructure is essential for procedures like mechanical thrombectomy, aneurysm coiling, and flow diversion, which require real-time imaging, rapid response capability, and postoperative monitoring. The presence of such infrastructure enables hospitals to handle high volumes of neurovascular cases, making them the largest consumers of neurovascular devices ranging from microcatheters and stents to coils and clot retrieval systems.

Hospitals are more likely to have dedicated neurology and interventional radiology departments, staffed with trained personnel capable of performing device-based interventions. In contrast, specialty clinics often focus on outpatient or non-invasive diagnostics and lack the surgical or interventional setup required for acute stroke or aneurysm management. The clinical concentration of expertise in hospitals increases the frequency and complexity of procedures conducted, directly boosting device usage rates and influencing procurement decisions.

Major companies operating in India Neurovascular Devices Market are:

• Stryker
• Medtronic
• Terumo India Private Limited
• Medical Device Business Services, Inc
• Penumbra, Inc.
• B. Braun SE
• Integra LifeSciences Corporation
• Acandis India Pvt. Ltd
• MicroPort Scientific Corporation

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“The India Neurovascular Devices Market is poised for sustained expansion, driven by a confluence of rising disease prevalence, growing procedural sophistication, and increasing investment in advanced neuro-interventional infrastructure. While challenges around accessibility, affordability, and workforce capacity persist, ongoing public-private efforts to strengthen stroke care systems, expand insurance coverage, and accelerate technology adoption are expected to unlock significant market potential. As the clinical and commercial ecosystem matures, India is set to emerge as a high-impact growth destination for neurovascular device manufacturers and solution providers over the coming decade.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“India Neurovascular Devices Market, By Device (Cerebral Embolization and Aneurysm Coiling Devices, Cerebral Angioplasty and Stenting Systems, Neurothrombectomy Devices, Support Devices, Trans Radial Access Devices), By Therapeutic Application (Stroke, Cerebral Artery, Cerebral Aneurysm, Others), By End User (Hospitals, Specialty Clinics, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Neurovascular Devices Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Neurovascular Devices Market.

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