UAE Neurovascular Catheters Market Size & Outlook
UAE neurovascular catheters market, 2018-2030 (US$M)
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UAE neurovascular catheters market highlights
- The UAE neurovascular catheters market generated a revenue of USD 42.8 million in 2023 and is expected to reach USD 70.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 7.3% 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 42.8 million |
| Market revenue in 2030 | USD 70.1 million |
| Growth rate | 7.3% (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, UAE accounted for 1.3% 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 Middle East & Africa, Saudi Arabia neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 92.5 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 28.74% in 2023. Horizon Databook has segmented the UAE 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 UAE neurovascular catheters market is expected to register lucrative growth in the coming years due to the advancing healthcare infrastructure and a large number of individuals suffering from neurological diseases such as stroke.
According to an article published by the Burjeel Hospital in July 2022, every year, 8,000 to 10,000 patients in the UAE suffer a stroke. It is the second major cause of disability in the UAE. Thus, the large patient population in the UAE suffering from neurological diseases is anticipated to drive the country's market over the forecast period.
Moreover, the availability of major healthcare facilities is expected to boost the competition in the market. For instance, in July 2023, Sheikh Shakhbout Medical City (SSMC) and Cleveland Clinic Abu Dhabi were considered Centers of Excellence for stroke in the Emirate by the Department of Health – Abu Dhabi (DoH).
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Our clientele includes a mix of neurovascular catheters market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into UAE neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE neurovascular catheters market size, by type, 2018-2030 (US$M)
UAE Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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