Kuwait Flow Diverters Market Size & Outlook, 2023-2030
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Kuwait flow diverters market highlights
- The Kuwait flow diverters market generated a revenue of USD 2.2 million in 2023 and is expected to reach USD 4.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 2-3mm 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 2.2 million |
| Market revenue in 2030 | USD 4.6 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 2-3mm |
| 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, Kuwait accounted for 0.7% 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 Middle East & Africa, UAE flow diverters market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.0 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 |
Kuwait 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 72.73% in 2023. Horizon Databook has segmented the Kuwait flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait has significantly increased the number of healthcare professionals and enhanced its expenditure on the health sector since its independence.
The public sector has prominently increased the number of beds available to the population by quickly building new hospitals and expanding the remaining ones to twice the size or higher of their current capacity.
The geriatric population is likely to suffer from various diseases, such as neurological and ophthalmic disorders, owing to which market growth is anticipated over the forecast period.
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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 Kuwait flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait flow diverters market size, by product, 2018-2030 (US$M)
Kuwait Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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