Games like Demonizer
Games like Demonizer include Bit Blaster XL, BALL x PIT, Bot Vice, Chippy, and Sky Force Reloaded. We matched them by the tags players give Demonizer on Steam (Shoot 'Em Up, Top-Down Shooter, Bullet Hell, Difficult, and Shooter): closest matches first, and among equally close ones the better-known games.

Bit Blaster XL
Shared: Shoot 'Em Up · Bullet Hell · Difficult

BALL x PIT
Shared: Bullet Hell · Shoot 'Em Up · Arcade

Bot Vice
Shared: Top-Down Shooter · Shoot 'Em Up · Bullet Hell

Chippy
Shared: Bullet Hell · Shoot 'Em Up · Top-Down Shooter

Sky Force Reloaded
Shared: Shoot 'Em Up · Bullet Hell · Top-Down Shooter

Planes, Bullets and Vodka
Shared: Shoot 'Em Up · Bullet Hell · Arcade

Touhou Koumakyou: New Classic - the Embodiment of Scarlet Devil
Shared: Shoot 'Em Up · Bullet Hell · Difficult

LUFTRAUSERS
Shared: Bullet Hell · Shoot 'Em Up · Arcade

BLUE REVOLVER
Shared: Shoot 'Em Up · Bullet Hell · Arcade

ZeroRanger
Shared: Shoot 'Em Up · Bullet Hell · Arcade

Touhou Tenkuushou ~ Hidden Star in Four Seasons.
Shared: Bullet Hell · Shoot 'Em Up · Difficult

Nova Drift
Shared: Shoot 'Em Up · Bullet Hell · Arcade

Nuclear Throne
Shared: Difficult · Bullet Hell · Top-Down Shooter

Enter the Gungeon
Shared: Bullet Hell · Difficult · Pixel Graphics

DoDonPachi Resurrection
Shared: Shoot 'Em Up · Top-Down Shooter · Bullet Hell

Touhou Kinjoukyou ~ Fossilized Wonders.
Shared: Shoot 'Em Up · Bullet Hell · Shooter

Phoenix Force
Shared: Bullet Hell · Difficult · Top-Down Shooter

Assault Android Cactus+
Shared: Shoot 'Em Up · Bullet Hell · Difficult

Mushihimesama
Shared: Shoot 'Em Up · Bullet Hell · Arcade

Ikaruga
Shared: Shoot 'Em Up · Bullet Hell · Arcade

Touhou Juuouen 〜 Unfinished Dream of All Living Ghost.
Shared: Shoot 'Em Up · Bullet Hell · Shooter

Super Star Path
Shared: Shoot 'Em Up · Top-Down Shooter · Bullet Hell

Vampire Survivors
Shared: Bullet Hell · 2D · Pixel Graphics

Star of Providence
Shared: Bullet Hell · Shoot 'Em Up · Difficult