Asia Pacific Neurology Devices Market Size & Outlook
The neurology devices market in Asia Pacific is expected to reach a projected revenue of US$ 5,078.3 million by 2030. A compound annual growth rate of 10.1% is expected of Asia Pacific neurology devices market from 2024 to 2030.
- MedTech
- Neurology Devices
- Neurology Devices Market Outlook
- Neurology Devices
Revenue, 2023 (US$M)
$2,591.5
Forecast, 2030 (US$M)
$5,078.3
CAGR, 2024 - 2030
10.1%
Report Coverage
Asia Pacific
Asia Pacific Neurology Devices Market, 2018-2030 (US$M)
Prism AI by Grand View ResearchFree to try
Ask a question about the neurology devices market
Every figure cited from GVR research
Asia Pacific neurology devices market highlights
- The Asia Pacific neurology devices market generated a revenue of USD 2,591.5 million in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, neurostimulation was the largest revenue generating product in 2023.
- Neurostimulation is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,591.5 million |
| Market revenue in 2030 | USD 5,078.3 million |
| Growth rate | 10.1% (CAGR from 2024 to 2030) |
| Largest segment | Neurostimulation |
| Fastest growing segment | Neurostimulation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurostimulation |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Penumbra Inc, MicroPort Scientific Corp, Stryker Corp, Codman Neuro |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.8% of the global neurology devices 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 5,078.3 million by 2030.
No credit card required*
Publish Date: Nov 06, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Neurology Devices Market Scope
Neurology Devices Market segmentation & scope
Neurology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Zimmer Biomet Holdings Inc | View profile | 18,000 | 345 East Main Street, Warsaw, IN, United States, 46580 | www.zimmerbiomet.com |
| LivaNova PLC | View profile | 2,900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | www.livanova.com |
| MicroPort Scientific Corp | View profile | 8,230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | www.microport.com |
| CooperSurgical | View profile | 501-1000 | Trumbull, Connecticut, United States, North America | www.coopersurgical.com |
| Nexstim Oyj Registered Shs Reg S | View profile | 37 | Elimaenkatu 9 B, Helsinki, Finland, FI-00510 | www.nexstim.com |
| ElectroCore Inc | View profile | 62 | 200 Forge Way, Suite 205, Rockaway, NJ, United States, 07866 | www.electrocore.com |
| Penumbra Inc | View profile | 4,200 | One Penumbra Place, Alameda, CA, United States, 94502 | www.penumbrainc.com |
Asia Pacific Neurology Devices 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 Neurology Devices Market Outlook will help companies and investors design strategic landscapes.
Neurostimulation was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Asia Pacific neurology devices market based on neurostimulation covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Neurology Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
- Neurostimulation
- Interventional Neurology
- CSF Management
- Neurosurgery
Reasons to subscribe to Neurology Devices Market Outlook 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 Neurology Devices Market Outlook databook
- Our clientele includes a mix of Neurology Devices Market Outlook 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 continent-level data and insights on the Asia Pacific Neurology Devices Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Neurology Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.