Denmark Flow Diverters Market Size & Outlook, 2023-2030
Denmark flow diverters market, 2018-2030 (US$M)
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Denmark flow diverters market highlights
- The Denmark flow diverters market generated a revenue of USD 4.9 million in 2023 and is expected to reach USD 11.7 million by 2030.
- The Denmark market is expected to grow at a CAGR of 13.1% 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.
Flow diverters market data book summary
| Market revenue in 2023 | USD 4.9 million |
| Market revenue in 2030 | USD 11.7 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Denmark accounted for 1.6% of the global flow diverters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flow diverters market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 34.2 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 71.43% in 2023. Horizon Databook has segmented the Denmark flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
The Denmark market for flow diverters is influenced by various factors. One of the main drivers is the increasing occurrence of neurological diseases that require flow diverters for treatment, such as aneurysms and strokes. Moreover, advancements in technology and procedural approaches have led to a higher demand for these devices in recent years.
In addition, due to government initiatives to promote Denmark's healthcare infrastructure and rising healthcare spending, some more hospitals and clinics can undertake flow diversion procedures. Furthermore, as elderly people are more likely to suffer from neurological problems and need more care, the aging population in Denmark is also fueling the market's expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Denmark flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark flow diverters market size, by product, 2018-2030 (US$M)
Denmark Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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