Asia Pacific Anastomosis Devices Market Size & Outlook
Asia Pacific anastomosis devices market, 2018-2030 (US$M)
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Asia Pacific anastomosis devices market highlights
- The Asia Pacific anastomosis devices market generated a revenue of USD 677.9 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 677.9 million |
| Market revenue in 2030 | USD 1,043.9 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.0% of the global anastomosis devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 274.6 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific anastomosis devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 87.61% in 2023. Horizon Databook has segmented the Asia Pacific anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific region is expected to grow at the highest CAGR over the forecast period. Japan, China, and India are the major contributors to the Asia Pacific market. The regional market is projected to exhibit the highest growth during the forecast period owing to developing economies, growing healthcare awareness, and increasing aging population in this region.
According to The World Bank, more than 211 million people aged 65 years and above were living in East Asia and Pacific regions in 2010. Moreover, according to the Hospitals Contribution Fund of Australia Limited, about 17,000 CABG procedures are performed every year.
Increase in interest of companies to expand their presence in this region coupled with growing demand for anastomosis devices is expected to drive the market. In addition, rise in R&D activities and increase in healthcare expenditure boost the market growth.
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Our clientele includes a mix of anastomosis devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific anastomosis devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific anastomosis devices market size, by country, 2018-2030 (US$M)
Asia Pacific Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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