Europe Flow Diverters Market Size & Outlook, 2023-2030
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Europe flow diverters market highlights
- The Europe flow diverters market generated a revenue of USD 89.7 million in 2023.
- The market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 89.7 million |
| Market revenue in 2030 | USD 219.6 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.6% of the global flow diverters market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 162.1 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Phenox | View profile | 101-250 | Bochum, Nordrhein-Westfalen, Germany, Europe | http://www.phenox.net/ |
| Balt | View profile | 101-250 | Montmorency, Ile-de-France, France, Europe | http://www.balt.fr/ |
| InspireMD Inc | View profile | 66 | 4 Menorat Hamaor Street, Tel Aviv, Israel, 6744832 | https://www.inspiremd.com |
| Acandis GmbH | View profile | 251-500 | Pforzheim, Baden-Wurttemberg, Germany, Europe | https://www.acandis.com/start-1-en |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Europe flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 66.67% in 2023. Horizon Databook has segmented the Europe flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
In 2023, Europe had a sizable portion of the market. With its highly developed infrastructure and cutting-edge technologies, Europe is among the most advanced regions in the world, offering better patient care & healthcare facilities.
The factors that drive the market are the rising rates of cerebral aneurysms and the growing demand for minimally invasive procedures. The market is also being driven by rising government & private sector investments. However, unfavorable reimbursement practices are expected to prevent the market from expanding in the area.
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Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe flow diverters market , including forecasts for subscribers. This continent databook contains high-level insights into Europe flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe flow diverters market size, by country, 2018-2030 (US$M)
Europe Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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