Japan Flow Diverters Market Size & Outlook, 2023-2030
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Japan flow diverters market highlights
- The Japan flow diverters market generated a revenue of USD 16.5 million in 2023 and is expected to reach USD 44.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 15.1% 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.
Flow diverters market data book summary
| Market revenue in 2023 | USD 16.5 million |
| Market revenue in 2030 | USD 44.2 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Japan accounted for 5.4% of the global flow diverters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan flow diverters market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.0 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 64.24% in 2023. Horizon Databook has segmented the Japan flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is a member of the OECD countries and also an important member of the Asia Pacific trade block. Various government initiatives towards technological advancement, along with the need for effective regulatory compliance, are expected to contribute to the growth of the market.
These factors are also likely to boost the demand for technologically advanced flow diverters. Factors such as rapid technological advancements, increasing geriatric population, and growing demand for minimally invasive surgeries are expected to drive the market.
The Japanese healthcare system ensures that every citizen receives care anywhere in the country. Due to such policies, authorities can upgrade equipment and provide advanced care services.
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Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Japan flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan flow diverters market size, by product, 2018-2030 (US$M)
Japan Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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