Kuwait Interventional Cardiology Devices Market Size & Outlook
Kuwait interventional cardiology devices market, 2018-2030 (US$M)
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Kuwait interventional cardiology devices market highlights
- The Kuwait interventional cardiology devices market generated a revenue of USD 11.1 million in 2023 and is expected to reach USD 14.5 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, coronary stents was the largest revenue generating product in 2023.
- Accessory Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Interventional cardiology devices market data book summary
| Market revenue in 2023 | USD 11.1 million |
| Market revenue in 2030 | USD 14.5 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Coronary stents |
| Fastest growing segment | Accessory Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intravascular Imaging Catheters and Pressure Guidewires, Coronary Stents, PTCA Balloon Catheters, Accessory Devices |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Koninklijke Philips NV, Cardinal Health Inc, Terumo Corp, Teleflex Inc, B. Braun, Biosensors, BIOTRONIK, Asahi Intecc Co Ltd, Cook Medical, Merit Medical Systems Inc, Haemonetics Corp, Vascular Solutions, Zeon Corp, Alvimedica, Meril Life, Medinol |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global interventional cardiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa interventional cardiology devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 105.0 million by 2030.
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Interventional Cardiology Devices Market Scope
Interventional Cardiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait interventional cardiology devices 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 interventional cardiology devices market will help companies and investors design strategic landscapes.
Coronary stents was the largest segment with a revenue share of 50.45% in 2023. Horizon Databook has segmented the Kuwait interventional cardiology devices market based on intravascular imaging catheters and pressure guidewires, coronary stents, ptca balloon catheters, accessory devices covering the revenue growth of each sub-segment from 2018 to 2030.
Numerous risk factors for CVDs have been identified among UAE residents, such as hypertension and frequent consumption of fast & fried foods. For example, hypertension, or high blood pressure, is the most prevalent NCD in Kuwait.
It is linked to a 75% increase in hospital admissions. Implementing measures to manage hypertension is essential for decreasing CVD-related hospitalizations. In Kuwait, the primary health insurance provider is the Ministry of Health (MOH), which oversees reimbursement policies for various medical procedures and devices, including cardiology intervention devices.
The specific reimbursement policies for catheter devices or coronary stents may vary depending on factors such as the type of device, the patient's medical condition, and the healthcare facility where the procedure is performed.
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Our clientele includes a mix of interventional cardiology devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait interventional cardiology devices market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait interventional cardiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait interventional cardiology devices market size, by product, 2018-2030 (US$M)
Kuwait Interventional Cardiology Devices Market Outlook Share, 2023 & 2030 (US$M)
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