China Steerable Sheaths Market Size & Outlook, 2023-2030
China steerable sheaths market, 2018-2030 (US$M)
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China steerable sheaths market highlights
- The China steerable sheaths market generated a revenue of USD 58.1 million in 2023 and is expected to reach USD 110.5 million by 2030.
- The China market is expected to grow at a CAGR of 9.6% 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 2023 | USD 58.1 million |
| Market revenue in 2030 | USD 110.5 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic 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, China accounted for 7.2% 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 Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 96.39% in 2023. Horizon Databook has segmented the China steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of cardiovascular disease in China due to high blood pressure, unhealthy lifestyle, aging population, urbanization, and high cholesterol levels are anticipated to boost the market.
The WHO estimated that about 230 million people in China have heart disease, and over two in five deaths are caused by cardiovascular disease.
Moreover, geriatric population in China is increasing, and it is expected that about 25% of the total population would be aged 65 & above by 2030. This population group requires special care due to high burden of chronic diseases.
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Our clientele includes a mix of steerable sheaths 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 China steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into China steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China steerable sheaths market size, by type, 2018-2030 (US$M)
China Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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