Thailand Flow Diverters Market Size & Outlook, 2023-2030
Thailand flow diverters market, 2018-2030 (US$M)
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Thailand flow diverters market highlights
- The Thailand flow diverters market generated a revenue of USD 4.8 million in 2023 and is expected to reach USD 11.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 14% 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 4.8 million |
| Market revenue in 2030 | USD 11.9 million |
| Growth rate | 14% (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, Thailand 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 Asia Pacific, Japan flow diverters market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.0 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 60.42% in 2023. Horizon Databook has segmented the Thailand 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 domestic consumption of medical devices is significantly increasing in Thailand, as medical devices, for example, are increasingly being designed and produced in Thailand, particularly single-use devices.
Furthermore, Thailand has an abundant supply of raw materials used in the production of medical devices. Moreover, some institutions and regulations, including the R&D process & intellectual protection, ensure that the manufacturer’s products can be commercialized.
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Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Thailand flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand flow diverters market size, by product, 2018-2030 (US$M)
Thailand Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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