Press Release

Vietnam Neurovascular Devices Market to Grow with a CAGR of 6.58% through 2030

Rising Incidence of Neurovascular Disorders—Particularly Stroke and Supportive Government Policies and Health Initiatives are expected to drive the Vietnam Neurovascular Devices Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “Vietnam Neurovascular Devices Market – By Region, Competition, Forecast & Opportunities, 2030F”, the Vietnam Neurovascular Devices Market stood at USD 135.12 Million in 2024 and is anticipated to grow with a CAGR of 6.58% in the forecast period.

Vietnam’s healthcare sector is undergoing swift transformation, particularly in metropolitan areas such as Ho Chi Minh City, Hanoi, and Da Nang. A concentrated national effort is underway to develop stroke-ready hospitals equipped with catheterization labs and advanced imaging units to support time-sensitive neurointerventional procedures. Government-backed funding and strategic public-private partnerships are accelerating the deployment of cutting-edge diagnostic and surgical infrastructure. This directly contributes to increased utilization of neurovascular devices across high-acuity settings. Enhanced referral systems and inter-hospital collaboration are enabling more efficient patient transfers and optimizing procedural throughput in acute stroke management pathways. The ongoing infrastructure development is fostering a supportive ecosystem for the introduction of complex and high-margin neurovascular technologies, particularly within tertiary and quaternary care institutions seeking to align with global standards.

Vietnamese clinicians are progressively moving away from traditional open surgical techniques in favor of catheter-based, image-guided interventions that offer reduced patient trauma, shorter hospital stays, and faster recovery timelines. Advanced techniques such as coiling, mechanical thrombectomy, flow diversion, and embolization are gaining traction for managing conditions like intracranial aneurysms, ischemic strokes, and cerebral artery stenosis. Hospitals are prioritizing technologies that improve procedural accuracy, minimize complications, and reduce intervention time driving the uptake of next-generation neurovascular tools. Device manufacturers with user-friendly, clinically validated, and minimally invasive product portfolios are well-positioned to capitalize on this paradigm shift in neurovascular care delivery.

Vietnam is emerging as a regional destination for cost-effective, high-quality healthcare services, particularly in neurological specialties. This trend is drawing medical tourists and increasing patient inflows into well-equipped private hospitals. Global medtech firms are expanding their footprint in Vietnam through local partnerships, direct market entry, and physician training initiatives. In response to growing cross-border patient demand, Vietnamese hospitals are adopting international protocols and advanced neurovascular devices to enhance service offerings. The influx of foreign expertise, capital, and technologies is driving higher expectations and clinical sophistication, thereby accelerating demand for premium neurovascular solutions across both public and private care providers.

                                                                                             

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Vietnam Neurovascular Devices Market

 

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

Based on its end user, the Hospitals segment has emerged as the predominant market leader, Vietnam’s hospitals particularly public and tertiary care centers serve as the primary point of care for acute neurovascular emergencies, including ischemic stroke, hemorrhagic stroke, cerebral aneurysms, and other cerebrovascular conditions. These institutions are equipped with: Dedicated stroke units, Advanced imaging technologies (CT, MRI, DSA), Catheterization labs for endovascular procedures, Multidisciplinary teams including neurologists, interventional radiologists, and neurosurgeons. This makes hospitals the exclusive providers of complex, device-intensive procedures such as mechanical thrombectomy, embolization, and flow diversion, giving them a dominant role in neurovascular device utilization.

Vietnam’s Ministry of Health has prioritized the development of stroke-ready hospitals in major cities and provincial hubs through increased public health funding and infrastructure upgrades. As part of the country’s long-term health strategy: Hospitals are receiving financial and technical support to procure state-of-the-art neurointerventional equipment. Policies are incentivizing hospitals to adopt evidence-based stroke protocols, which rely heavily on neurovascular devices. This systematic expansion of hospital capabilities further reinforces their role as the primary consumers of neurovascular technologies.

 

Major companies operating in Vietnam Neurovascular Devices Market are:

  • Stryker
  • Johnson & Johnson Services, Inc.
  • Medtronic
  • Terumo Vietnam Co., Ltd.
  • Penumbra, Inc.

 

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“The Vietnam Neurovascular Devices Market is poised for sustained growth, driven by a rising incidence of stroke, increasing adoption of minimally invasive treatments, and strong governmental commitment to improving neurological care infrastructure. As hospitals continue to dominate device utilization and public-private partnerships expand access to advanced technologies, the market offers significant opportunities for both established players and emerging innovators. Stakeholders that align with national health priorities, invest in clinician training, and tailor solutions to Vietnam’s evolving clinical needs will be best positioned to capture long-term value in this rapidly maturing healthcare segment”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Vietnam 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 Vietnam 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 Vietnam Neurovascular Devices Market.

 

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