Asia Pacific Vascular Plugs Market Size & Outlook, 2023-2030
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Asia Pacific vascular plugs market highlights
- The Asia Pacific vascular plugs market generated a revenue of USD 33.8 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, arterial or venous closure vascular plugs was the largest revenue generating type in 2023.
- Congenital Heart Malformation Closure Vascular Plugs is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 33.8 million |
| Market revenue in 2030 | USD 56.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Arterial or venous closure vascular plugs |
| Fastest growing segment | Congenital Heart Malformation Closure Vascular Plugs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Arterial or Venous Closure Vascular Plugs, Congenital Heart Malformation Closure Vascular Plugs |
| Key market players worldwide | Merit Medical Systems Inc, Abbott Laboratories, BIOTRONIK, COOK, Medtronic PLC, Boston Scientific Corp, Teleflex Inc, Cardinal Health Inc, St. Jude Medical, TZ Medical, Haemonetics Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.7% of the global vascular plugs 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 56.7 million by 2030.
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Vascular Plugs Market Scope
Vascular Plugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TZ Medical | View profile | 101-250 | Portland, Oregon, United States, North America | http://tzmedical.com |
| COOK | View profile | 1001-5000 | Sittingbourne, Kent, United Kingdom, Europe | https://www.cookfood.net/ |
| Haemonetics Corp | View profile | 3657 | 125 Summer Street, Boston, MA, United States, 02110 | https://www.haemonetics.com |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| St. Jude Medical | View profile | 10001+ | Saint Paul, Minnesota, United States, North America | http://www.sjm.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Asia Pacific vascular plugs 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 vascular plugs market will help companies and investors design strategic landscapes.
Arterial or venous closure vascular plugs was the largest segment with a revenue share of 55.03% in 2023. Horizon Databook has segmented the Asia Pacific vascular plugs market based on arterial or venous closure vascular plugs, congenital heart malformation closure vascular plugs covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of vascular plugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Asia Pacific vascular plugs market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vascular plugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific vascular plugs market size, by country, 2018-2030 (US$M)
Asia Pacific Vascular Plugs Market Outlook Share, 2023 & 2030 (US$M)
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