Asia Pacific Cardiac Catheters & Guidewires Market Size & Outlook
Asia Pacific cardiac catheters & guidewires market, 2018-2030 (US$M)
Asia Pacific cardiac catheters & guidewires market highlights
- The Asia Pacific cardiac catheters & guidewires market generated a revenue of USD 2,373.4 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, cardiac catheters was the largest revenue generating product in 2023.
- Cardiac Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,373.4 million |
| Market revenue in 2030 | USD 4,137.8 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Cardiac catheters |
| Fastest growing segment | Cardiac Catheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac Catheters |
| Key market players worldwide | Abbott Laboratories, Boston Scientific Corp, Getinge AB ADR, Johnson & Johnson, Terumo Corp, BIOTRONIK, Medtronic PLC, Cardinal Health Inc, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Nipro Corp, Qx Medical, Brosmed |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.9% of the global cardiac catheters & guidewires market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,137.8 million by 2030.
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Cardiac Catheters & Guidewires Market Scope
Cardiac Catheters & Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific cardiac catheters & guidewires 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 cardiac catheters & guidewires market will help companies and investors design strategic landscapes.
Cardiac catheters was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific cardiac catheters & guidewires market based on cardiac catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia-Pacific is expected to register the fastest growth in the global cardiac catheters & guidewires market during the forecast period. The rising prevalence of cardiac diseases has created a demand for cardiac catheters & guidewires equipment in APAC countries.
Furthermore, with some of the highest diabetes rates in the world, India and China have been the most afflicted countries. The population of ASEAN countries is expected to reach 693,000 by 2025. According to the British Medical Journal, the incidence rate of diabetes and cardiovascular disease would likely reach 20% by 2025.
Furthermore, Low adoption of advanced healthcare facilities and a lack of sufficient skilled professionals in such countries may hinder the market growth. Moreover, low rate of awareness among people regarding the treatment of cardiac diseases and low healthcare reimbursement facilities in the developing countries is also anticipated to restrain the market growth.
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Our clientele includes a mix of cardiac catheters & guidewires 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 cardiac catheters & guidewires market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cardiac catheters & guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cardiac catheters & guidewires market
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