Asia Pacific Flow Diverters Market Size & Outlook
Asia Pacific flow diverters market, 2018-2030 (US$M)
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Asia Pacific flow diverters market highlights
- The Asia Pacific flow diverters market generated a revenue of USD 63.1 million in 2023.
- The market is expected to grow at a CAGR of 14.4% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm 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 63.1 million |
| Market revenue in 2030 | USD 162.1 million |
| Growth rate | 14.4% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.8% of the global flow diverters 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 162.1 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 63.87% in 2023. Horizon Databook has segmented the Asia Pacific flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific’s flow diverters market is expected to grow considerably over the forecast period, owing to the availability of lucrative growth opportunities in the region, especially in China, India, and Japan.
Mandatory healthcare insurance in some countries, rapid technological advancements, an increase in the number of road accidents, a rise in government initiatives, and growth in healthcare expenditure are expected to drive the regional market.
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Target buyers of Asia Pacific flow diverters market databook
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Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific flow diverters market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific flow diverters market size, by country, 2018-2030 (US$M)
Asia Pacific Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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