U.S. Flow Diverters Market Size & Outlook, 2023-2030
U.S. flow diverters market, 2018-2030 (US$M)
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U.S. flow diverters market highlights
- The U.S. flow diverters market generated a revenue of USD 89.5 million in 2023 and is expected to reach USD 208.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12.8% 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 89.5 million |
| Market revenue in 2030 | USD 208.6 million |
| Growth rate | 12.8% (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, U.S. accounted for 29.5% 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 North America, U.S. flow diverters market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 47.4 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 64.47% in 2023. Horizon Databook has segmented the U.S. flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness of the importance of early detection and treatment, alongside a rise in the prevalence of intracranial aneurysms, fuels the demand for flow diversion devices in the U.S. market. For instance, according to the Brain Aneurysm Foundation, more than 6.8 million people have unruptured brain aneurysms.
In the U.S., approximately 30,000 people suffer an intracranial aneurysm rupture every year. Thus, the increasing prevalence of cerebral aneurysms is expected to drive market growth. Furthermore, an increasing number of initiatives are being undertaken by various organizations, which is expected to fuel market growth.
For instance, The Bee Foundation (TBF), a nonprofit organization, is focused on raising awareness and reducing the number of deaths due to cerebral aneurysms through innovative research. TBF invites proposals for brain aneurysm research grants, which are likely to decrease mortality due to brain aneurysms.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into U.S. flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. flow diverters market size, by product, 2018-2030 (US$M)
U.S. Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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