Norway Neurovascular Catheters Market Size & Outlook
Norway neurovascular catheters market, 2018-2030 (US$M)
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Norway neurovascular catheters market highlights
- The Norway neurovascular catheters market generated a revenue of USD 53.4 million in 2023 and is expected to reach USD 94.4 million by 2030.
- The Norway market is expected to grow at a CAGR of 8.5% 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 53.4 million |
| Market revenue in 2030 | USD 94.4 million |
| Growth rate | 8.5% (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, Norway accounted for 1.7% 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 Europe, Germany neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 94.4 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway 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 25.84% in 2023. Horizon Databook has segmented the Norway neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
In Norway, the neurovascular catheters market is characterized by the presence of established multinational corporations alongside emerging innovators. These entities continually invest in R&D to introduce sophisticated catheter designs and technologies tailored specifically for neurovascular interventions.
Technological advancements, such as enhanced navigational systems and safety features, fuel competition by providing healthcare providers with more precise & efficient tools for diagnosing and treating neurovascular conditions. Compliance with regulatory standards is another crucial factor influencing competitiveness in Norway.
Companies are obligated to adhere strictly to the stringent safety and efficacy criteria established by Norwegian health authorities and European Union regulations. Upholding compliance not only ensures market entry but also fosters confidence among healthcare providers and patients in the reliability & quality of neurovascular catheters.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into Norway neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway neurovascular catheters market size, by type, 2018-2030 (US$M)
Norway Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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