Asia Pacific Neurovascular Catheters Market Size & Outlook
Asia Pacific neurovascular catheters market, 2018-2030 (US$M)
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Asia Pacific neurovascular catheters market highlights
- The Asia Pacific neurovascular catheters market generated a revenue of USD 658.6 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, embolization catheters was the largest revenue generating type in 2023.
- Microcatheters is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 658.6 million |
| Market revenue in 2030 | USD 1,129.5 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microcatheters, Balloon Catheters, Access Catheters, Embolization Catheters |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, Integer Holdings Corp, Penumbra Inc, Johnson & Johnson, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global neurovascular catheters 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 1,129.5 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific neurovascular catheters 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 neurovascular catheters market will help companies and investors design strategic landscapes.
Embolization catheters was the largest segment with a revenue share of 27.56% in 2023. Horizon Databook has segmented the Asia Pacific neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to exhibit significant growth from 2023 to 2030. This can be attributed to a high prevalence of neurological disorders, rapid improvement in medical infrastructure, and the availability of novel products.
Moreover, the presence of a large patient pool suffering from brain aneurysms & strokes and the growing need for advanced & cost-effective healthcare solutions are expected to present significant regional growth opportunities in the market. Furthermore, rising approvals for neurovascular catheters in various countries such as China are anticipated to boost market growth in the coming years.
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Target buyers of Asia Pacific neurovascular catheters market databook
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Our clientele includes a mix of neurovascular catheters 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 neurovascular catheters market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific neurovascular catheters market size, by country, 2018-2030 (US$M)
Asia Pacific Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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