Australia Neurovascular Catheters Market Size & Outlook
Australia neurovascular catheters market, 2018-2030 (US$M)
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Australia neurovascular catheters market highlights
- The Australia neurovascular catheters market generated a revenue of USD 65.4 million in 2023 and is expected to reach USD 110.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.7% 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.
Neurovascular catheters market data book summary
| Market revenue in 2023 | USD 65.4 million |
| Market revenue in 2030 | USD 110.0 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.0% of the global neurovascular catheters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 191.3 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 26.76% in 2023. Horizon Databook has segmented the Australia neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Australia's neurovascular catheters market is expected to grow significantly over the forecast period due to a large number of individuals suffering from neurological disorders such as stroke and brain aneurysms.
According to an article published by the Brain Foundation in October 2023, around 1 in 12 Australians who have brain bleeding due to a ruptured aneurysm experience the re-rupture of that aneurysm within the first 24 hours.
Moreover, as per an article published by the University of Queensland in November 2020, around 50,000 individuals suffer from stroke annually in Australia. In addition, around USD 5 billion is directly spent on stroke every year.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into Australia neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia neurovascular catheters market size, by type, 2018-2030 (US$M)
Australia Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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