Market revenue in 2023 | USD 25.6 million |
Market revenue in 2030 | USD 42.7 million |
Growth rate | 7.6% (CAGR from 2023 to 2030) |
Largest segment | Clot retrievers |
Fastest growing segment | Aspiration/Suction Devices |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
Key market players worldwide | Medtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio |
Clot retrievers was the largest segment with a revenue share of 59.38% in 2023. Horizon Databook has segmented the Japan neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
Favorable healthcare policies in Japan are one of the major driving factors for neurothrombectomy devices market growth over the forecast period. The Japanese healthcare system ensures that every Japanese citizen is entitled to care throughout the country at all times, even if they are not in their home location.
Furthermore, due to such policies, authorities are also upgrading equipment and advanced care in every part of the country. Few notable upgradations include: the social security system will be reformed and hospitals will become more specialized. Such factors may encourage many new and key players to enter the Japanese market, thereby propelling the market growth.
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