Subarachnoid Hemorrhage Surgical Devices Market Size & Share, by Type (Surgical Clipping Devices, Endovascular Coiling Devices, Flow Diverters, Embolization Devices, Microcatheters, Guidewires, Aneurysm Clips); Approach; End Use; Trade - SWOT Analysis, Competitive Strategic Insights, Regional Trends 2025-2037

  • Report ID: 3333
  • Published Date: Jul 18, 2025
  • Report Format: PDF, PPT

Subarachnoid Hemorrhage Surgical Devices Market Outlook:

Subarachnoid Hemorrhage Surgical Devices Market size was over USD 2 billion in 2024 and is estimated to reach USD 4.1 billion by the end of 2037, expanding at a CAGR of 7% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the subarachnoid hemorrhage surgical devices is evaluated at USD 2.5 billion.

According to the National Institutes of Health, the global rate of aneurysmal subarachnoid hemorrhage (SAH) sits at an average of 7.1 cases for every 100,000 person-years. More recent estimates suggest there are about 687,000 cases each year around the world. Data collected from 1990 to 2021 reveals a 35% rise in the total number of cases. On the regulatory side, trade documentation from FDA systems lays out the requirements for reporting the import and export of neurological devices. This includes premarket approvals and investigational device exemptions as per CFR Part 812.

The U.S. Bureau of Labor Statistics doesn’t specifically publish Producer Price Index (PPI) or Consumer Price Index (CPI) data for SAH devices. However, when we look at the broader trends in medical device PPI costs are rising faster than the general CPI. This points to inflationary pressures affecting the inputs and pricing of surgical devices.

Subarachnoid Hemorrhage Surgical Devices Market Size
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Growth Drivers  

  • Government reimbursement & spending: The Medicare billing data related to DRG codes for craniotomy reveals significant public reimbursements for SAH procedures. Interestingly, initiatives aimed at supporting early discharge have managed to cut hospital stays by about 28%. This effort to contain costs opens up a chance for more affordable surgical devices. AHRQ-supported studies on stroke transitions show that early supported discharge can cut hospital stays by about 24–28%. This finding supports the use of minimally invasive and flow-diversion devices.
  • Patient pool & demographic shift: According to a report from NIH/AHRQ, there are about 785,000 strokes in the U.S. each year. Hemorrhagic strokes, like SAH, account for roughly 12% of those cases. As the populations in North America and Europe continue to age, the demand for surgical devices is on the rise. This emphasizes the urgent need for surgical tools and protocols that enhance quality. Manufacturers who can create safer and more user-friendly devices might find great opportunities in quality-focused hospital programs.

Subarachnoid Hemorrhage (SAH) Surgical Devices Market Evolution (2010–2020): Shaping Strategic Global Growth

Between 2010 and 2020, there was a significant increase in the number of patients suffering from subarachnoid hemorrhage. Although age-standardized incidence rates saw a slight decline, thanks to improved prevention and diagnostic methods. This shift has directly influenced the need for surgical interventions, particularly the use of microsurgical clips and endovascular coiling devices. In contrast, high-income countries reached a plateau in procedural rates but showed a growing demand for advanced and minimally invasive surgical tools. These historical patterns highlight future opportunities for device upgrades, local manufacturing, and innovative pricing strategies.

Country

2010 SAH Patients (Est.)

2020 SAH Patients (Est.)

% Growth (2010–2020)

USA

26,000

34,200

+27.9%

Germany

8,100

10,400

+29%

France

6,700

8,700

+29%

Spain

4,200

5,400

+30.9%

Australia

1,000

2,500

+30.6%

Japan

21,000

27,800

+30.5%

India

16,000

25,500

+55.2%

China

33,000

51,800

+55.1%

Strategic Models Shaping Market Expansion for SAH Surgical Devices

Between 2022 and 2024, manufacturers have introduced three key feasibility models: local partnerships, tiered pricing, and centralized procurement. In countries like India and China, companies have collaborated with tertiary hospitals and government agencies to make device distribution smoother and enhance adoption rates. Meanwhile, in Europe, centralized public tendering has played a crucial role in stabilizing prices and boosting volumes. In the U.S., the focus has been on Medicare-driven quality metrics and bundled payments to successfully launch premium coils and flow diverters. These strategies align perfectly with the increasing public health funding and the goals for hospital performance.

Country

Model

Outcome

Revenue Growth

India

Hospital–supplier partnership

Standardized device placements

+12.5%

China

Provincial procurement tenders

Bulk purchase agreements

+14.6%

USA

Medicare bundled reimbursement

Uptake of premium flow-diversion tools

+9.6%

Germany

Tiered pricing strategy

Hospital catalog expansion

+8.2%

France

Regional neuro center deals

Preferred contract inclusion

+10.2%

Challenge

  • High treatment costs & reimbursement caps: As per the National Institute of Health, in the U.S., the average cost of different types of SAH hospitalization is USD 81,500 per patient. Medicaid caps limit accessibility for approximately 28% of users. This can limit the uptake of devices. Out-of-pocket costs make surgical treatment unattainable for many patients.
  • Diagnostic access inequality: Subarachnoid hemorrhage often shows up with vague symptoms like a really bad headache or nausea. This necessitates the need for advanced neuroimaging techniques like CT scans, MRIs, or angiography to make a proper diagnosis. In places where these tools aren’t available, it’s easy for cases to be missed or misdiagnosed. This can result in crucial surgical interventions being overlooked. This situation directly impacts the need for surgical devices such as aneurysm clips, endovascular coils, or stents.

Subarachnoid Hemorrhage Surgical Devices Market Size and Forecast:

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

7%

Base Year Market Size (2024)

USD 2 billion

Forecast Year Market Size (2037)

USD 4.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Subarachnoid Hemorrhage Surgical Devices Market Segmentation:

Type Segment Analysis 

Based on the type, the endovascular coiling devices segment is predicted to capture the largest share at 35% in the subarachnoid hemorrhage surgical devices market over the assessed period. A shift towards minimally invasive modalities and favorable clinical outcomes with regard to rebleeding, demonstrated by AHRQ and NINDS, showed that endovascular coiling had lower 30-day morbidity and a quicker recovery than surgical clipping, particularly in patients 50 years of age or older. There were also reported lower inpatient days and lower readmission rates in United States hospitals after coiling procedures.

Approach Segment Analysis  

In terms of approach, the minimally invasive surgery segment is anticipated to hold the highest revenue proportion of 30% in the subarachnoid hemorrhage surgical devices market throughout the discussed timeline. A global transition towards a lower trauma procedure in neurovascular care has made minimally invasive surgery a market-defining intervention. According to the World Health Organization (WHO), there is an increased investment to establish more stroke-ready hospitals in Asia and Latin America. Consequently, this enhances the likelihood of interventional neuroradiology. Reduced costs, hospitalization time, and ICU bed stay is also significant factors for payers to consider this option.

Our in-depth analysis of the global subarachnoid hemorrhage surgical devices market includes the following segments: 

Type

  • Surgical Clipping Devices
  • Endovascular Coiling Devices
  • Flow Diverters
  • Embolization Devices
  • Microcatheters
  • Guidewires
  • Aneurysm Clips 

Approach

  • Open Surgery
  • Minimally Invasive Surgery 

End Use

  • Hospitals
  • Specialty Neurosurgical Centers
  • Ambulatory Surgical Centers 

Trade

  • Captive (In-house Healthcare Systems)
  • Merchant (Independent Device Suppliers)
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Subarachnoid Hemorrhage Surgical Devices Market - Regional Analysis

North America Market Insights 

North America is expected to dominate the global subarachnoid hemorrhage surgical devices market with a share of 36% by the end of 2037. In the U.S., the prevalence of SAH is increasing and with the introduction of reforms and initiatives to improve support for patients. The demand for advanced surgical devices has risen significantly. Investigations into the adoption of endovascular coiling procedures found that hospitals implementing the intervention reported a 13 % reduction in ICU length of stay. Federally managed funding for Institutes of Health and Department of Health and Human Services have improved R&D grant processes in support for both flows diverting and microcatheter development. Medicaid is continually boosted by the CMS initiative to expand access for low-income patients.

Canada's subarachnoid hemorrhage surgical devices market has been experiencing growth attributed mainly to centralized funding for health care, an aging population, and provincial investment in neurosurgical services. The Canadian Institute for Health Information (CIHI) reported an 11% increase in the federal healthcare budget for neurological procedures from 2020 to 2023. Ontario's public health sector augmented investments by 18% from 2021 to 2024 in geographic access to services within urban and remote areas. Adoption of minimally invasive procedures, such as coiling procedures, is currently being embraced by tertiary centres in British Columbia and Alberta. The uptake of these approaches is partly due to reduced costs and shorter recovery times to put patients back to work or back into their activities faster.

Health Canada engaged a priority medical device review process, which positively influenced regulatory timelines for new medical devices, enabling domestic and international suppliers to enter the market early. The Public Health Agency of Canada (PHAC), along with its provincial partners, has also provided preventive neurovascular screening initiatives, which may contribute to increasing early diagnosis rates and ultimately early surgical interventions for patients. By 2037, Canada's integrated provincial procurement frameworks and solid per capita investment in health services should contribute to a sustainable (CAGR) compound annual growth rate of 5.1% for the subarachnoid hemorrhage surgical devices market.

APAC Market Insights 

Asia Pacific is poised to register the highest pace of growth in the global subarachnoid hemorrhage surgical devices market by the end of 2037. The growth is propelled by the increasing demand for neurovascular interventions created by an expanding patient cohort and new governmental investments in neurological care, and growing publicly stated preference for minimally invasive procedures. The Japan Agency for Medical Research and Development (AMED) indicated that the size of Japan's estimated neurovascular delivered health care budget of about USD 2 billion in 2024. The National Medical Products Administration (NMPA) of China identified that more than 1 million Sudden Acute Headaches (SAH) were diagnosed in China in 2023. This has increased its government spending on surgical interventions by 14% over the last five years. The Ministry of Health of India stated that between the years of 2015 and 2023, the 17% increase in SAH devices accounted for USD 1.7 billion in budgeted expense. Furthermore, Malaysia experienced a change of patient base, increasing by 1 in all patients over the period from 2013 to 2023. South Korea's governmental emphasis on upgrading tertiary hospitals for stroke and stroke readiness influenced broadened access to neurovascular devices.

Europe Market Insights 

The Europe subarachnoid hemorrhage surgical devices market is estimated to garner a notable industry from 2025 to 2037. The dominance is fueled by an increase in SAH cases, advances in minimally invasive techniques, and expanding reimbursement support. The key drivers are demographic trends such as population aging, as well as the rising incidence of hypertension and other lifestyle risk factors of SAH. Overall, Europe may reflect continued demand, particularly in Western European countries where robust infrastructure and reimbursement ecosystems exist.

In 2024, demand for subarachnoid hemorrhage surgical devices market in the UK increased due to rising hospital admissions for hemorrhagic stroke.  NHS analysis on budgets suggests that surgical neurology equipment is around 6% of NHS England's medical devices budget. The initiatives surrounding the European Health Data Space in 2023 have developed new funding streams to promote research, innovation, and cross-border clinical data-sharing in neurovascular care. Spain and Italy are running a pilot program to promote SAH device registries under member-state programs funded by the European Health Data Space initiative. The SAH registry model represents a shift toward modelling market support based on data and coordinated access.

Subarachnoid Hemorrhage Surgical Devices Market Share
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Key Subarachnoid Hemorrhage Surgical Devices Market Players:

     

    The subarachnoid hemorrhage surgical devices market is primarily focused on large med-tech conglomerates, such as Medtronic, Stryker, and Johnson & Johnson. These legacy players are increasingly incorporating advanced imaging, AI-assisted navigation, and microcatheters. Mid-sized firms in Europe enter into niche positions with innovative devices. While several entry-level companies are pushing the limits in AI-assisted navigation. Partnerships spanning imaging and interventional technologies are enhancing regulatory approval paths and expanding competitive landscapes in this active sector.

    Company

    Country

    Estimated Market Share 2024

    Medtronic

    USA

    15.3%

    Stryker Corporation

    USA

    12.2%

    Terumo Corporation

    Japan

    8.5%

    Johnson & Johnson (Cerenovus/Codman)

    USA

    7.2%

    Penumbra, Inc.

    USA

    6.1%

    B. Braun Melsungen AG

    Germany

    xx%

    Siemens Healthineers

    Germany

    xx%

    MicroPort Scientific

    China

    xx%

    Boston Scientific

    USA

    xx%

    Abbott Laboratories

    USA

    xx%

    Integra LifeSciences

    USA

    xx%

    Canon Medical Systems

    Japan

    xx%

    Philips

    Netherlands

    xx%

    GE Healthcare

    USA

    xx%

    Penumbra

    USA

    xx%

    Cerenovus (J&J)

    USA

    xx%

    Acandis GmbH

    Germany

    xx%

    phenox GmbH

    Germany

    xx%

    ClearMind Biomedical

    USA

    xx%

    Zeta Surgical

    USA

    xx%

    Xenco Medical

    USA

    xx%

    Below are the areas covered for each company in the subarachnoid hemorrhage surgical devices market: 

    • Company Overview 
    • Business Strategy 
    • Key Product Offerings 
    • Financial Performance 
    • Key Performance Indicators 
    • Risk Analysis 
    • Recent Development 
    • Regional Presence 
    • SWOT Analysis 

Recent Developments

  • In November 2024, Kaneka received regulatory approval in Europe and launched the Nautilus device for treating wide-neck cerebral aneurysms. The coil-compatible implant is anticipated to generate USD 134 million in sales by 2030. The Nautilus has an innovative design that addresses a significant clinical gap for neurovascular specialists and provides a much-needed new option.
  • In April 2024, Grace Therapeutics concluded enrollment in its pivotal Phase III STRIVE ON trial for GTx 104. This proposed next-generation IV nimodipine in a nanoparticle formulation intends to replace the oral version. In April 2025, FDA Type C meeting feedback indicated that GTx 104 decreases clinically significant hypotension events by 18%.
  • Report ID: 3333
  • Published Date: Jul 18, 2025
  • Report Format: PDF, PPT

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Frequently Asked Questions (FAQ)

The subarachnoid hemorrhage surgical devices market size was USD 2 billion in 2024.

The global subarachnoid hemorrhage surgical devices market size was USD 2 billion in 2024 and is likely to reach USD 4.1 billion by the end of 2037, expanding at a CAGR of 7% over the forecast period, i.e., 2025-2037.

Medtronic, Stryker Corporation, Terumo Corporation, Johnson & Johnson (Cerenovus/Codman), Penumbra, Inc., B. Braun Melsungen AG, Siemens Healthineers, MicroPort Scientific, Boston Scientific, Abbott Laboratories, Integra LifeSciences, Canon Medical Systems, Philips, GE Healthcare are some key players in the market.

The endovascular coiling devices segment is expected to hold a leading share during the forecast period.

North America is projected to offer subarachnoid hemorrhage surgical devices market with a share of 36% during the forecast period.
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Radhika Pawar
Radhika Pawar
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