Japan Neurovascular Catheters Market Size & Outlook
Japan neurovascular catheters market, 2018-2030 (US$M)
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Japan neurovascular catheters market highlights
- The Japan neurovascular catheters market generated a revenue of USD 94.3 million in 2023 and is expected to reach USD 169.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.7% 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 94.3 million |
| Market revenue in 2030 | USD 169.3 million |
| Growth rate | 8.7% (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, Japan accounted for 2.9% 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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Japan 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 28.63% in 2023. Horizon Databook has segmented the Japan 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 growing geriatric population is one of the major factors driving market growth in Japan. The older population is at a higher risk of developing various neurological diseases and disabilities. According to an article published by World Economic Forum in September 2023, over 10% of the Japanese population is 80 or above.
Moreover, as per Japan's Aging Society report published by the European Parliament in December 2020, Japan is a super-aged society, and around 28.7% of the population is 65 or above. By 2036, around 33.33% of the country's population is anticipated to be 65 or older. Thus, the rapidly aging population is expected to propel the demand for neurovascular catheters, leading to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into Japan neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan neurovascular catheters market size, by type, 2018-2030 (US$M)
Japan Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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