Asia Pacific Guidewires Market Size & Outlook, 2023-2030
Asia Pacific guidewires market, 2018-2030 (US$M)
Related Markets
Asia Pacific guidewires market highlights
- The Asia Pacific guidewires market generated a revenue of USD 634.3 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, coronary guidewires was the largest revenue generating product in 2023.
- Neurovascular guidewires is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 634.3 million |
| Market revenue in 2030 | USD 982.7 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coronary guidewires, Peripheral guidewires, Urology guidewires, Neurovascular guidewires |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, COOK, B. Braun, Terumo Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, BD |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.5% of the global 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 982.7 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 guidewires market will help companies and investors design strategic landscapes.
Coronary guidewires was the largest segment with a revenue share of 42.49% in 2023. Horizon Databook has segmented the Asia Pacific guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
The guidewires market in Asia Pacific comprises countries such as China, India, Australia, and New Zealand. Growing prevalence of chronic cardiovascular conditions & GI diseases and unmet needs with regard to minimally invasive techniques are fueling the growth of the market in this region.
Developing countries such as India and China are expected to capture a large share of the market during the forecast period. Factors such as presence of a large patient base and growth in population play a major role in propelling the growth of the market. Growing geriatric population and subsequently rising burden of chronic diseases are expected to boost the demand for guidewires in the coming years.
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Our clientele includes a mix of 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 guidewires market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific guidewires market size, by country, 2018-2030 (US$M)
Asia Pacific Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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