China Neurovascular Catheters Market Size & Outlook
China neurovascular catheters market, 2018-2030 (US$M)
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China neurovascular catheters market highlights
- The China neurovascular catheters market generated a revenue of USD 104.1 million in 2023 and is expected to reach USD 191.3 million by 2030.
- The China market is expected to grow at a CAGR of 9.1% 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 104.1 million |
| Market revenue in 2030 | USD 191.3 million |
| Growth rate | 9.1% (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, China accounted for 3.2% 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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China 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 28.05% in 2023. Horizon Databook has segmented the China neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
China's neurovascular catheters market is expected to witness considerable growth over the forecast period owing to the presence of several local & key players in the market and an increase in the number of acute ischemic stroke cases. For instance, according to a study published by Frontiers in November 2021, the incidence of ischemic stroke has increased in China.
Moreover, the same study reported a higher incidence of ischemic stroke in women. In addition, as per the same study, From 1990 to 2019, the Age-Standardized Incidence Rate (ASIR) of ischemic stroke increased by 35.0%. Thus, the rising incidence of ischemic stroke in China is expected to boost the country's market in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the China neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into China neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China neurovascular catheters market size, by type, 2018-2030 (US$M)
China Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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