Vietnam Neurovascular Devices Market Size, Share, Trends and Forecast 2025-2033

The Vietnam neurovascular devices market was valued at USD 12.00 Million in 2024 and is forecasted to grow to USD 18.36 Million by 2033, reflecting a CAGR of 4.84% during the period 2025-2033. This growth is driven by factors such as the rapidly aging population increasing stroke prevalence, significant technological advancements enabling minimally invasive procedures, and the integration of artificial intelligence enhancing diagnosis and treatment. Enhanced healthcare infrastructure and government initiatives further support market expansion.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Vietnam Neurovascular Devices Market Key Takeaways

• The market size stood at USD 12.00 Million in 2024 with a projected CAGR of 4.84% through 2025-2033.
• Vietnam faces one of the highest stroke incidence rates in Southeast Asia, driving demand for advanced neurovascular devices.
• Technological progress supports minimally invasive endovascular therapies, improving safety and patient outcomes.
• Growing adoption of AI-driven diagnostic tools enhances precision, treatment planning, and care coordination.
• Development of specialized neurovascular centers in major cities is expanding access to advanced interventions.

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Market Growth Factors

Vietnam sees a growing geriatric population which in turn drives the neurovascular devices market in Vietnam, as the geriatric population is more prone to neurovascular disorders such as stroke and CVA. Stroke incidence is high in Vietnam when compared to other Southeast Asia countries. Increased rates from stroke cause morbidity and mortality so treating stroke needs novel therapeutic and specialized neurovascular devices and resource utilization.

Technology innovates to drive market growth, while the industry shifts toward endovascularly treating with next-generation devices. Developing new materials, designing devices, and delivering systems enable safer and more efficient treatment, reduce procedural burden, improve patient recovery, and provide confidence to physicians to treat complex neurovascular diseases and conditions. Growing development of neurovascular centers utilizing advanced product technology is driving market growth.

AI can be used to automate the process of examining medical imaging. It can be used to provide rapid, accurate medical imaging analysis, helping in decision making to allow provision of timely and appropriate stroke care. AI is designed to standardize care across settings, supporting patient triage, care delivery in remote/rural hospitals, and referrals to care institutions. Other advantages include better outcomes, better efficiency, and better infrastructure, to support the development of Vietnam's neurovascular devices market.

Market Segmentation

Product Insights:

• Cerebral Embolization and Aneurysm Coiling Devices: This segment includes embolic coils, flow diverters, and liquid embolic agents, which are used to treat cerebral aneurysms and related conditions.
• Cerebral Angioplasty and Stenting Systems: These devices comprise carotid artery stents and embolic protection devices essential for managing cerebrovascular stenosis.
• Neurothrombectomy Devices: The category covers clot retrieval devices, suction devices, and vascular snares employed in ischemic stroke interventions.
• Support Devices: Micro catheters and micro guidewires, critical for navigating and supporting neurovascular procedures, are included here.

Application Insights:

• Ischemic Stroke: Treatment of stroke caused by blockage of blood vessels using neurovascular devices.
• Aneurysm: Management of cerebral aneurysms utilizing coiling and embolization devices.
• Arteriovenous Malformation and Fistulas (AVM): Devices applied for treating AVM and fistulas abnormalities.
• Stenosis: Treatment involving stenting and angioplasty for blood vessel narrowing.
• Others: Includes additional neurovascular indications covered by the devices.

End User Insights:

• Hospitals: Primary healthcare providers specializing in neurovascular treatments.
• Ambulatory Surgical Centers: Facilities offering minimally invasive neurovascular procedures.
• Clinics: Smaller healthcare settings utilizing neurovascular devices.
• Others: Additional end users involved in neurovascular care.

Regional Insights

The report covers major regional markets in Vietnam including Northern Vietnam, Central Vietnam, and Southern Vietnam. The development of specialized neurovascular centers in major cities underlines the expanding infrastructure to address rising demand. Specific market share percentages or CAGR by region are not stated; however, the regional segmentation indicates focus across these key areas to support market growth and accessibility.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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