South Korea Neurovascular Catheters Market Size & Outlook
South Korea neurovascular catheters market, 2018-2030 (US$M)
Related Markets
South Korea neurovascular catheters market highlights
- The South Korea neurovascular catheters market generated a revenue of USD 53.8 million in 2023 and is expected to reach USD 89.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% 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 53.8 million |
| Market revenue in 2030 | USD 89.6 million |
| Growth rate | 7.6% (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, South Korea 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 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 27.7% in 2023. Horizon Databook has segmented the South Korea neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea’s neurovascular catheters market is expected to witness significant growth in the coming years due to a substantial rise in hospital admissions and the availability of healthcare infrastructure that can provide services to treat neurological conditions.
According to an article published by the Journal of Korean Neurosurgical Society in August 2023, the number of Intensive Care Unit (ICU) admissions increased among severely ill Neurology-Neurosurgery (NNS) patients within 9 years from 2010 to 2019 in South Korea.
The number of ICU entries among Neurology-Neurosurgery (NNS) patients was 79,522 in 2010, which grew to 91,502 in 2019. Thus, the rising number of admissions for neurosurgery and increasing treatment costs are anticipated to propel the demand for neurovascular catheters over the forecast period.
Reasons to subscribe to South Korea neurovascular catheters market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea neurovascular catheters market databook
-
Our clientele includes a mix of neurovascular catheters market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into South Korea neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea neurovascular catheters market size, by type, 2018-2030 (US$M)
South Korea Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
