India Neurovascular Catheters Market Size & Outlook
India neurovascular catheters market, 2018-2030 (US$M)
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India neurovascular catheters market highlights
- The India neurovascular catheters market generated a revenue of USD 81.6 million in 2023 and is expected to reach USD 142.1 million by 2030.
- The India market is expected to grow at a CAGR of 8.2% 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 81.6 million |
| Market revenue in 2030 | USD 142.1 million |
| Growth rate | 8.2% (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, India accounted for 2.5% 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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India 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 28.06% in 2023. Horizon Databook has segmented the India neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The neurovascular catheters market in India is expected to grow in the coming years due to the rising burden of stroke across the country. According to an article published by the Economic Times in March 2023, in India, stroke is the second-most common cause of death. Approximately 1,85,000 strokes occur every year in India.
In addition, many individuals living in India are suffering from neurological conditions such as brain aneurysms, which is expected to propel the demand for neurovascular catheters. According to an article published by the Times of India in August 2022, India reports around 76,500 to 204,100 new cases of brain aneurysms every year.
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Horizon Databook provides a detailed overview of country-level data and insights on the India neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into India neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India neurovascular catheters market size, by type, 2018-2030 (US$M)
India Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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