Australia Guidewires Market Size & Outlook, 2023-2030
Australia guidewires market, 2018-2030 (US$M)
Related Markets
Australia guidewires market highlights
- The Australia guidewires market generated a revenue of USD 33.3 million in 2023 and is expected to reach USD 49.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.9% 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.
Guidewires market data book summary
| Market revenue in 2023 | USD 33.3 million |
| Market revenue in 2030 | USD 49.9 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 1.3% of the global guidewires market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China guidewires market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 171.0 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 42.04% in 2023. Horizon Databook has segmented the Australia guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
High prevalence of bladder cancer and CVDs in this country is anticipated to drive the market. For instance, according to the article by The Heart Foundation, CVDs affected nearly 4.2 million Australians in 2015.
Furthermore, in the same year, approximately, 2,747 new bladder cancer cases were diagnosed in this country, as per the Cancer Council data. Moreover, nearly 80% of the nations’ demand for diagnostics and medical devices is fulfilled through imports, and majority of the devices are imported from Germany and the U.S. This highlights the opportunities for foreign multinational market players.
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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 country-level data and insights on the Australia guidewires market , including forecasts for subscribers. This country databook contains high-level insights into Australia guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia guidewires market size, by product, 2018-2030 (US$M)
Australia Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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