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, 2021-2031F

Key Insights	Details
Forecast Period	2027-2031
Market Size (2025)	USD 134.56 Million
CAGR (2026-2031)	9.51%
Fastest Growing Segment	Cerebral Embolization and Aneurysm Coiling Devices
Largest Market	Southern Vietnam
Market Size (2031)	USD 232.08 Million

Market Overview

The Vietnam Neurovascular Devices Market will grow from USD 134.56 Million in 2025 to USD 232.08 Million by 2031 at a 9.51% CAGR. Neurovascular devices encompass specialized medical instruments for diagnosing and treating conditions affecting the brain's vasculature, including ischemic strokes, cerebral aneurysms, and arteriovenous malformations. These devices facilitate minimally invasive procedures for clot removal, aneurysm coiling, and flow diversion. The market's expansion is fundamentally driven by Vietnam's increasing burden of neurovascular disorders, a growing elderly population prone to these conditions, and sustained improvements in healthcare infrastructure. Government initiatives aimed at enhancing stroke care capabilities further support this market trajectory.

According to Associate Professor Dr. Nguyen Huy Thang, vice-president of the Vietnam Stroke Association, in May 2025, the average age of stroke patients in Vietnam was 62. A notable challenge impeding market growth is the considerable reliance on imported medical equipment, with over 90 percent of advanced diagnostic and therapeutic devices sourced internationally, alongside the elevated procurement costs associated with advanced neurovascular technologies in a price-sensitive market.

Key Market Drivers

Rising Stroke Burden Drives Neurovascular Device Demand
The increasing prevalence of neurovascular disorders in Vietnam represents a primary driver for the neurovascular devices market. The significant burden of conditions such as stroke necessitates advanced diagnostic and therapeutic interventions, thereby increasing demand for specialized devices. According to the chairman of the Ho Chi Minh City Stroke Association and vice chairman of the Vietnam Stroke Association, in January 2026, Vietnam records around 200,000 stroke cases each year, with a rising proportion affecting younger individuals. This elevated incidence underscores a consistent need for devices facilitating early detection, clot retrieval, and aneurysm repair, as healthcare providers strive to improve patient outcomes and reduce long-term disability.

Healthcare Infrastructure Expansion and Neurovascular Device Adoption
Concurrently, the expanding healthcare infrastructure and investment further propel market growth. The Vietnamese government demonstrates a clear commitment to upgrading medical facilities and capabilities. According to Vietnam News and VietNamNet, in November 2025, the government proposed investing more than US$4.75 billion for a national target program on healthcare, population, and development for 2026–2035, with approximately US$3.54 billion specifically allocated for the 2026–2030 phase. This substantial investment is expected to enhance hospital networks and equip them with modern medical technologies, including advanced neurovascular devices. Such infrastructure development improves access to specialized care and fosters the adoption of sophisticated treatment modalities across the country. According to The Observatory of Economic Complexity (OEC), in 2024, Vietnam imported US$824 million of Medical Instruments, indicating the market's reliance on and demand for external supply.

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Key Market Challenges

Import Dependence and Cost Burden Impede Adoption
The Vietnam Neurovascular Devices Market confronts a substantial challenge stemming from its heavy reliance on imported advanced technologies and the associated elevated procurement costs within a price-sensitive healthcare environment. This dependency dictates that sophisticated diagnostic and therapeutic neurovascular devices are primarily sourced from international manufacturers, which contributes to increased financial burdens for healthcare providers and patients. Such high costs directly impede the broad adoption of state-of-the-art treatments, particularly where economic accessibility is a significant factor.

Prolonged Regulatory Approvals Delay Market Entry
The regulatory framework for approving these complex imported medical devices also presents a notable barrier. According to the Vietnam Medical Equipment Association, in May 2025, the market authorization review period for Class C and D medical equipment, which includes a majority of advanced neurovascular technologies, frequently surpasses one year. This extended approval timeline delays the introduction of innovative solutions into the market, thereby restraining growth and limiting the availability of crucial devices necessary to address the escalating prevalence of neurovascular disorders across Vietnam.

Key Market Trends

Rising Adoption of Minimally Invasive Neurovascular Procedures and Upskilling
The first significant trend shaping the Vietnam Neurovascular Devices Market is the accelerating shift towards minimally invasive neurovascular procedures. This preference is driven by clear benefits such as reduced patient trauma, shorter hospital stays, and faster recovery times compared to traditional open surgeries. The increasing adoption of these advanced techniques requires specialized skills and continuous training for medical professionals. For instance, according to an initiative by Johnson & Johnson Vietnam in 2025, over 300 surgeons were certified in laparoscopic techniques at their advanced surgical training center in Ho Chi Minh City. This focus on upskilling the clinical workforce directly supports the expanded use of intricate neurovascular devices, fostering market growth as healthcare providers implement less invasive solutions.

Emphasis on Domestic Manufacturing to Strengthen Supply and Lower Costs
Another pivotal trend influencing the market is the burgeoning focus on local development and production of neurovascular medical equipment. While Vietnam has historically relied heavily on international imports, there is a growing strategic imperative to bolster domestic manufacturing. This aims to reduce dependency on foreign suppliers and mitigate high procurement costs. This initiative is critical given the current landscape; according to an Investment News article referenced in March 2025, domestic supply covers only 10% of Vietnam's medical device demand. Increased local production would not only address existing supply chain vulnerabilities but also potentially lower overall costs, making neurovascular treatments more affordable and widely available.

Segmental Insights

Rapid growth of cerebral embolization and aneurysm coiling devices in Vietnam
The Cerebral Embolization and Aneurysm Coiling Devices segment is experiencing rapid growth in the Vietnam Neurovascular Devices Market. This accelerated expansion is primarily driven by the increasing prevalence of neurovascular disorders, notably stroke and cerebral aneurysms, which pose significant public health challenges in Vietnam. Concurrently, there is a growing clinical preference for minimally invasive endovascular procedures over traditional surgical interventions, as these techniques offer enhanced patient outcomes and quicker recovery periods. Furthermore, active support from the Ministry of Health, through initiatives aimed at establishing specialized stroke centers and integrating advanced treatment protocols, significantly contributes to the rising demand for these sophisticated devices.

Regional Insights

Regional leadership backed by advanced healthcare infrastructure and Ho Chi Minh City's tertiary hospitals.
Southern Vietnam leads the Vietnam Neurovascular Devices Market, primarily driven by its advanced healthcare infrastructure and a high concentration of tertiary care hospitals, particularly in Ho Chi Minh City. These facilities, including Cho Ray Hospital and the University Medical Center, are well-equipped with state-of-the-art neurovascular imaging and intervention technologies. The region attracts a substantial volume of complex neurovascular cases from its own populace and surrounding areas, fueling sustained demand for specialized devices. Furthermore, robust investment from private hospitals and diagnostic centers actively adopting modern medical technologies contributes significantly to market growth. Southern Vietnam's role as a medical tourism destination also enhances demand for advanced neurovascular interventions.

Recent Developments

• In October 2025, Medtronic Vietnam deepened its collaboration with Hue Central Hospital by signing their third Memorandum of Understanding. This two-year agreement focused on advancing training, education, and technology adoption in crucial specialties, including neurovascular care. The partnership involved comprehensive Continuing Medical Education programs designed to improve the skills of healthcare professionals and facilitate the adoption of innovative therapies. Through this strategic alliance, Medtronic Vietnam aimed to enhance access to advanced neurovascular solutions and support the development of clinical expertise within the Vietnam Neurovascular Devices Market.
• In July 2025, Siemens Healthineers and Can Tho Stroke International Services (S.I.S Can Tho) expanded their strategic Value Partnership in Vietnam. This collaboration involved growing the S.I.S hospital network across three key regions and establishing S.I.S Can Tho as a Siemens Healthineers Global Training Center. The initiative aimed to broaden access to high-quality stroke and cardiovascular care for patients and create a regional hub for technology transfer and clinical knowledge exchange across Asian countries. This partnership directly bolstered the Vietnam Neurovascular Devices Market by providing advanced training programs in neuro interventions for physicians.
• In June 2025, Stryker introduced its new AXS Lift Intracranial Base Catheter, a novel device designed to enhance neurovascular access and simplify the delivery of interventional therapies. This intracranial base catheter was engineered to provide consistent support from the groin puncture to the internal carotid artery, aiming to reduce the need for multiple catheters during complex neurovascular procedures. As a leading global medical technology company with a presence in the Vietnamese market, Stryker's launch of this advanced neurovascular device was a significant development, contributing to the broader technological advancements available for neurovascular treatment in Vietnam.
• In April 2025, Bayer and Siemens Healthineers jointly unveiled several advanced diagnostic imaging technologies during the "Expanding the Future of Care" event held in Vietnam. This launch, which included Bayer’s MEDRAD® Centargo and Siemens Healthineers’ MAGNETOM Flow platform and SOMATOM Pro.Pulse, aimed to enhance diagnostic accuracy, operational efficiency, and sustainable healthcare delivery within the country. These innovations, particularly critical for emergency settings, significantly improved imaging quality and streamlined hospital workflows, directly supporting the Vietnam Neurovascular Devices Market by enabling more precise and efficient diagnosis necessary for neurovascular interventions.

Key Market Players

• Medtronic
• Johnson & Johnson
• B. Braun Medical
• Stryker
• Boston Scientific
• Zimmer Biomet
• Smith & Nephew
• Conmed
• Integra LifeSciences
• Karl Storz

By Device	By Therapeutic Application	By End User	By Region
Cerebral Embolization and Aneurysm Coiling Devices Cerebral Angioplasty and Stenting Systems Neurothrombectomy Devices Support Devices Trans Radial Access Devices	Stroke Cerebral Artery Cerebral Aneurysm Others	Hospitals Specialty Clinics Others	Northern Central Southern

Report Scope:

In this report, the Vietnam Neurovascular Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• 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

• Vietnam Neurovascular Devices Market, By Therapeutic Application:

• Stroke
• Cerebral Artery
• Cerebral Aneurysm
• Others

• Vietnam Neurovascular Devices Market, By End User:

• Hospitals
• Specialty Clinics
• Others

• Vietnam Neurovascular Devices Market, By Region:

• Northern
• Central
• Southern