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Neurology Devices Market Size, Share & Trends Analysis Report by Product (Neurostimulation, Interventional Neurology, CSF Management, Spinal Cord Stimulation, Deep Brain Stimulation), and Region and Segment Forecasts, 2025-2030

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    Report

  • 100 Pages
  • February 2025
  • Region: Global
  • Grand View Research
  • ID: 6056013
The Neurology Devices Market was valued at USD 12.83 billion in 2024, and is projected to reach USD 21.28 billion by 2030, rising at a CAGR of 8.90%. This expected growth in demand can be ascribed to growing need for development of different neurostimulation techniques with efficient and accurate algorithms for treatment of several CNS associated disorders.

Rise in incidence of cerebral stroke and other severe disorders such as Alzheimer’s disease, epilepsy, and Parkinsonism is expected to fuel demand of neurology devices thereby driving industry growth. According to National Institute of Neurological Disorders and Stroke (NINDS), approximately 50 million Americans are affected due to these disorders leading to high economic & disease costs burden for medical expenses coupled with loss of productivity. The industry is expected to witness a considerable increase in demand for CNS related therapeutic procedures over the forecast period.

Neurology Devices Market Report Highlights

  • The rise in home healthcare and remote patient monitoring also fuels the demand for neurology devices
  • The neurostimulation segment accounted for 54.59% of the market revenue in 2024, with spinal cord stimulation devices leading this segment
  • The interventional neurology segment is projected to grow at a CAGR of 10.51% from 2025 to 2030
  • Innovations in coil technology and the introduction of flow diversion devices have significantly improved treatment outcomes, thereby driving market growth
  • North America neurology devices market accounted for 39.70% of the global neurology devices market revenue in 2024, driven by the high prevalence of Neurology disorders and a strong healthcare infrastructure

This report addresses:

  • Market intelligence to enable effective decision-making.
  • Market estimates and forecasts from 2018 to 2030.
  • Growth opportunities and trend analyses.
  • Segment and regional revenue forecasts for market assessment.
  • Competition strategy and market share analysis.
  • Product innovation listings for you to stay ahead of the curve.
  • COVID-19's impact and how to sustain in this fast-evolving market.

Why Should You Buy This Report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Neurology Devices Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Neurology Devices Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Neurology Devices Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Neurology Devices Market: Product Movement Analysis, 2024 & 2030 (USD Million)
4.3. Neurostimulation
4.3.1. Neurostimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.2. Spinal Cord Stimulation
4.3.2.1. Spinal Cord Stimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.3. Deep Brain Stimulation
4.3.3.1. Deep Brain Stimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.4. Sacral Nerve Stimulation
4.3.4.1. Sacral Nerve Stimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.5. Vagus Nerve Stimulation
4.3.5.1. Vagus Nerve Stimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.3.6. Gastric Electric Stimulation
4.3.6.1. Gastric Electric Stimulation Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4. Interventional Neurology
4.4.1. Interventional Neurology Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.2. Aneurysm Coiling and Embolization
4.4.2.1. Aneurysm Coiling and Embolization Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.2.2. Embolic Coils
4.4.2.2.1. Embolic Coils Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.2.3. Flow Diversion Devices
4.4.2.3.1. Flow Diversion Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.2.4. Liquid Embolic Reagents
4.4.2.4.1. Liquid Embolic Reagents Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.3. Neurovascular Catheters
4.4.3.1. Neurovascular Catheters Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.3.2. Micro Catheters
4.4.3.2.1. Micro Catheters Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.3.3. Micro Guidewires
4.4.3.3.1. Micro Guidewires Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.4. Cerebral Balloon Angioplasty & Stents
4.4.4.1. Cerebral Balloon Angioplasty & Stents Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.4.2. Carotid Artery Stents
4.4.4.2.1. Carotid Artery Stents Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.4.3. Filter Devices
4.4.4.3.1. Filter Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.4.4. Balloon Occlusion Devices
4.4.4.4.1. Balloon Occlusion Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.5. Neurothromobectomy
4.4.5.1. Neurothromobectomy Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.5.2. Clot Retrievers
4.4.5.2.1. Clot Retrievers Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.5.3. Suction Aspiration Devices
4.4.5.3.1. Suction Aspiration Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4.5.4. Snare Devices
4.4.5.4.1. Snare Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.5. CSF Management Devices
4.5.1. CSF Management Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.5.2. Cerebral Shunts
4.5.2.1. Cerebral Shunts Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.5.3. Cerebral External Drainage
4.5.3.1. Cerebral External Drainage Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.6. Neurosurgery Devices
4.6.1. Neurosurgery Devices Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.6.2. Ultrasonic Aspirators
4.6.2.1. Ultrasonic Aspirators Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.6.3. Stereotactic Systems
4.6.3.1. Stereotactic Systems Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.6.4. Neuroendoscopes
4.6.4.1. Neuroendoscopes Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.6.5. Aneurysm Clips
4.6.5.1. Aneurysm Clips Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 5. Neurology Devices Market: Regional Estimates & Trend Analysis, by Product
5.1. Neurology Devices Market Share, by Region, 2024 & 2030 (USD Million)
5.2. North America
5.2.1. North America Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.2.2. U.S.
5.2.2.1. U.S. Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.2.3. Canada
5.2.3.1. Canada Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.2.4. Mexico
5.2.4.1. Mexico Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3. Europe
5.3.1. Europe Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.2. UK
5.3.2.1. UK Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.3. Germany
5.3.3.1. Germany Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.4. France
5.3.4.1. France Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.5. Italy
5.3.5.1. Italy Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.6. Spain
5.3.6.1. Spain Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.7. Denmark
5.3.7.1. Denmark Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.8. Sweden
5.3.8.1. Sweden Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.3.9. Norway
5.3.9.1. Norway Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4. Asia Pacific
5.4.1. Asia Pacific Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.2. China
5.4.2.1. China Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.3. India
5.4.3.1. India Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.4. Japan
5.4.4.1. Japan Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.5. South Korea
5.4.5.1. South Korea Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.6. Thailand
5.4.6.1. Thailand Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.4.7. Australia
5.4.7.1. Australia Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5. Latin America
5.5.1. Latin America Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.2. Brazil
5.5.2.1. Brazil Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.5.3. Argentina
5.5.3.1. Argentina Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6. Middle East and Africa
5.6.1. Middle East and Africa Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.2. South Africa
5.6.2.1. South Africa Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.3. Saudi Arabia
5.6.3.1. Saudi Arabia Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.4. UAE
5.6.4.1. UAE Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
5.6.5. Kuwait
5.6.5.1. Kuwait Neurology Devices Market Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
6.4.1. Medtronic
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Recent Developments/ Strategic Initiatives
6.4.2. Johnson and Johnson Services Inc.
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Recent Developments/ Strategic Initiatives
6.4.3. Penumbra, Inc.
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Recent Developments/ Strategic Initiatives
6.4.4. Microport Scientific Corporation
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Recent Developments/ Strategic Initiatives
6.4.5. Stryker
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Recent Developments/ Strategic Initiatives
6.4.6. Microvention Inc (Terumo Corporation)
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Recent Developments/ Strategic Initiatives
6.4.7. Codman Neuro (Integra Lifesciences)
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Recent Developments/ Strategic Initiatives
List of Tables
Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global Neurology Devices Market, by Region, 2018-2030 (USD Million)
Table 4 Global Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 5 North America Neurology Devices Market, by Country, 2018-2030 (USD Million)
Table 6 North America Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 7 U.S. Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 8 Canada Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 9 Mexico Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 10 Europe Neurology Devices Market, by Country, 2018-2030 (USD Million)
Table 11 Europe Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 12 UK Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 13 Germany Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 14 France Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 15 Italy Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 16 Spain Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 17 Denmark Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 18 Sweden Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 19 Norway Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 20 Asia Pacific Neurology Devices Market, by Country, 2018-2030 (USD Million)
Table 21 Asia Pacific Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 22 China Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 23 Japan Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 24 India Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 25 South Korea Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 26 Australia Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 27 Thailand Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 28 Latin America Neurology Devices Market, by Country, 2018-2030 (USD Million)
Table 29 Latin America Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 30 Brazil Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 31 Argentina Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 32 MEA Neurology Devices Market, by Country, 2018-2030 (USD Million)
Table 33 MEA Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 34 South Africa Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 35 Saudi Arabia Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 36 UAE Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 37 Kuwait Neurology Devices Market, by Product, 2018-2030 (USD Million)
Table 38 Participant’s Overview
Table 39 Financial Performance
Table 40 Product Benchmarking
Table 41 Strategic Initiatives
List of Figures
Figure 1 Information Procurement
Figure 2 Primary Research Pattern
Figure 3 Market Research Approaches
Figure 4 Value Chain-Based Sizing & Forecasting
Figure 5 Market Formulation & Validation
Figure 6 Neurology Devices Market, Market Segmentation
Figure 7 Market Driver Analysis (Current & Future Impact)
Figure 8 Market Restraint Analysis (Current & Future Impact)
Figure 9 Market Opportunity Analysis (Current & Future Impact)
Figure 10 Market Challenge Analysis (Current & Future Impact)
Figure 11 SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
Figure 12 Porter’s Five Forces Analysis
Figure 13 Regional Marketplace: Key Takeaways
Figure 14 Global Neurology Devices Market, for Neurostimulation, 2018-2030 (USD Million)
Figure 15 Global Neurology Devices Market, for Spinal Cord Stimulation, 2018-2030 (USD Million)
Figure 16 Global Neurology Devices Market, for Deep Brain Stimulation, 2018-2030 (USD Million)
Figure 17 Global Neurology Devices Market, for Sacral Nerve Stimulation, 2018-2030 (USD Million)
Figure 18 Global Neurology Devices Market, for Vagus Nerve Stimulation, 2018-2030 (USD Million)
Figure 19 Global Neurology Devices Market, for Gastric Electric Stimulation, 2018-2030 (USD Million)
Figure 20 Global Neurology Devices Market, for Interventional Neurology, 2018-2030 (USD Million)
Figure 21 Global Neurology Devices Market, for Aneurysm Coiling and Embolization, 2018-2030 (USD Million)
Figure 22 Global Neurology Devices Market, for Embolic Coils, 2018-2030 (USD Million)
Figure 23 Global Neurology Devices Market, for Flow Diversion Devices, 2018-2030 (USD Million)
Figure 24 Global Neurology Devices Market, for Liquid Embolic Reagents, 2018-2030 (USD Million)
Figure 25 Global Neurology Devices Market, for Neurovascular Catheters, 2018-2030 (USD Million)
Figure 26 Global Neurology Devices Market, for Microcatheters, 2018-2030 (USD Million)
Figure 27 Global Neurology Devices Market, for Microguidewires, 2018-2030 (USD Million)
Figure 28 Global Neurology Devices Market, for Cerebral Balloon Angioplasty & Stents, 2018-2030 (USD Million)
Figure 29 Global Neurology Devices Market, for Carotid Artery Stents, 2018-2030 (USD Million)
Figure 30 Global Neurology Devices Market, for Filter Devices, 2018-2030 (USD Million)
Figure 31 Global Neurology Devices Market, for Balloon Occlusion Devices, 2018-2030 (USD Million)
Figure 32 Global Neurology Devices Market, for Neurothromobectomy, 2018-2030 (USD Million)
Figure 33 Global Neurology Devices Market, for Clot Retrievers, 2018-2030 (USD Million)
Figure 34 Global Neurology Devices Market, for Suction Aspiration Devices, 2018-2030 (USD Million)
Figure 35 Global Neurology Devices Market, for Snare Devices, 2018-2030 (USD Million)
Figure 36 Global Neurology Devices Market, for CSF Management Devices, 2018-2030 (USD Million)
Figure 37 Global Neurology Devices Market, for Cerebral Shunts, 2018-2030 (USD Million)
Figure 38 Global Neurology Devices Market, for Cerebral External Drainage, 2018-2030 (USD Million)
Figure 39 Global Neurology Devices Market, for Neurosurgery Devices, 2018-2030 (USD Million)
Figure 40 Global Neurology Devices Market, for Ultrasonic Aspirators, 2018-2030 (USD Million)
Figure 41 Global Neurology Devices Market, for Stereotactic Systems, 2018-2030 (USD Million)
Figure 42 Global Neurology Devices Market, for Neuroendoscopes, 2018-2030 (USD Million)
Figure 43 Global Neurology Devices Market, for Aneurysm Clips, 2018-2030 (USD Million)
Figure 44 Regional Outlook, 2024 & 2030
Figure 45 North America Neurology Devices Market, 2018-2030 (USD Million)
Figure 46 U.S. Neurology Devices Market, 2018-2030 (USD Million)
Figure 47 Canada Neurology Devices Market, 2018-2030 (USD Million)
Figure 48 Mexico Neurology Devices Market, 2018-2030 (USD Million)
Figure 49 Europe Neurology Devices Market, 2018-2030 (USD Million)
Figure 50 Germany Neurology Devices Market, 2018-2030 (USD Million)
Figure 51 UK Neurology Devices Market, 2018-2030 (USD Million)
Figure 52 France Neurology Devices Market, 2018-2030 (USD Million)
Figure 53 Italy Neurology Devices Market, 2018-2030 (USD Million)
Figure 54 Spain Neurology Devices Market, 2018-2030 (USD Million)
Figure 55 Denmark Neurology Devices Market, 2018-2030 (USD Million)
Figure 56 Sweden Neurology Devices Market, 2018-2030 (USD Million)
Figure 57 Norway Neurology Devices Market, 2018-2030 (USD Million)
Figure 58 Asia Pacific Neurology Devices Market, 2018-2030 (USD Million)
Figure 59 Japan Neurology Devices Market, 2018-2030 (USD Million)
Figure 60 China Neurology Devices Market, 2018-2030 (USD Million)
Figure 61 India Neurology Devices Market, 2018-2030 (USD Million)
Figure 62 Australia Neurology Devices Market, 2018-2030 (USD Million)
Figure 63 South Korea Neurology Devices Market, 2018-2030 (USD Million)
Figure 64 Thailand Neurology Devices Market, 2018-2030 (USD Million)
Figure 65 Latin America Neurology Devices Market, 2018-2030 (USD Million)
Figure 66 Brazil Neurology Devices Market, 2018-2030 (USD Million)
Figure 67 Argentina Neurology Devices Market, 2018-2030 (USD Million)
Figure 68 Middle East and Africa Neurology Devices Market, 2018-2030 (USD Million)
Figure 69 South Africa Neurology Devices Market, 2018-2030 (USD Million)
Figure 70 Saudi Arabia Neurology Devices Market, 2018-2030 (USD Million)
Figure 71 UAE Neurology Devices Market, 2018-2030 (USD Million)
Figure 72 Kuwait Neurology Devices Market, 2018-2030 (USD Million)

Companies Mentioned

The major companies profiled in this Neurology Devices market report include:
  • Medtronic
  • Johnson and Johnson Services Inc.
  • Penumbra, Inc.
  • Microport Scientific Corporation
  • Stryker
  • Microvention Inc (Terumo Corporation)
  • Codman Neuro (Integra Lifesciences)

Methodology

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Table Information