Australia Steerable Sheaths Market Size & Outlook

The steerable sheaths market in Australia is expected to reach a projected revenue of US$ 20.8 million by 2030. A compound annual growth rate of 7.2% is expected of Australia steerable sheaths market from 2024 to 2030.
Revenue, 2023 (US$M)
$12.8
Forecast, 2030 (US$M)
$20.8
CAGR, 2024 - 2030
7.2%
Report Coverage
Australia

Australia steerable sheaths market highlights

  • The Australia steerable sheaths market generated a revenue of USD 12.8 million in 2023 and is expected to reach USD 20.8 million by 2030.
  • The Australia market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
  • In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
  • Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.


Steerable sheaths market data book summary

Market revenue in 2023USD 12.8 million
Market revenue in 2030USD 20.8 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentSingle-use steerable sheaths
Fastest growing segmentSingle-use Steerable Sheaths
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-use Steerable Sheaths, Reprocessed Steerable Sheaths
Key market players worldwideMedtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A


Other key industry trends

  • In terms of revenue, Australia accounted for 1.6% of the global steerable sheaths market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China steerable sheaths 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 110.5 million by 2030.

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Steerable Sheaths Market Companies

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Australia steerable sheaths 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 steerable sheaths market will help companies and investors design strategic landscapes.


Single-use steerable sheaths was the largest segment with a revenue share of 96.09% in 2023. Horizon Databook has segmented the Australia steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.


Australia has a highly efficient healthcare system with well-established facilities compared to other Asian countries, excluding Japan. The increasing demand for coronary intervention devices due to the growing prevalence of coronary artery disease is expected to drive the market in Australia during the forecast period. 

According to self-reported data from the Australian Bureau of Statistics 2020-21 National Health Survey (ABS 2022),Furthermore, according to WHO data published in 2020, approximately 21,548 deaths were caused due to coronary artery disease in Australia.

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into Australia steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia steerable sheaths market size, by type, 2018-2030 (US$M)

Australia Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)

Australia steerable sheaths market size, by type, 2018-2030 (US$M)

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