South Korea Flow Diverters Market Size & Outlook
Related Markets
South Korea flow diverters market highlights
- The South Korea flow diverters market generated a revenue of USD 6.0 million in 2023 and is expected to reach USD 16.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.2% 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 6.0 million |
Market revenue in 2030 | USD 16.0 million |
Growth rate | 15.2% (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, South Korea accounted for 2.0% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
South Korea 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 70% in 2023. Horizon Databook has segmented the South Korea flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea’s flow diverters market is anticipated to witness significant growth over the forecast period. According to the National Center for Biotechnology Information (NCBI), in 2019, the incidence of intracranial aneurysms was around 52.2 per 100,000 populations, and more than half of the people were diagnosed with unruptured brain aneurysms.
According to Korea Biomedical Review, the Asan Medical Center has performed a total of 10,000 brain aneurysm surgeries. Thus, the increasing number of intracranial aneurysm surgeries and rising incidence of cerebral aneurysms are expected to drive market growth.
Reasons to subscribe to South Korea flow diverters market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea flow diverters market databook
-
Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into South Korea flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea flow diverters market size, by product, 2018-2030 (US$M)
South Korea Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more