Asia Pacific Flow Diverters Market Size study, by Diameter Size (2-3 mm, 3-4 mm, 4-5 mm, >5 mm) and Country Forecasts 2022-2032

Asia Pacific Flow Diverters Market Size study, by Diameter Size (2-3 mm, 3-4 mm, 4-5 mm, >5 mm) and Country Forecasts 2022-2032

Asia Pacific Flow Diverters Market is valued at approximately USD 89.50 million in 2023 and is anticipated to grow with a healthy growth rate of more than 14.11% over the forecast period 2024-2032. Flow diverters are devices that are inserted into blood arteries to treat cerebral aneurysms, particularly those with large or wide necks. These stent-shaped devices are inserted into the main artery to redirect blood flow away from the aneurysm, promoting blood clotting and arterial wall rebuilding. Flow diverters reduce the risk of an aneurysm bursting while maintaining blood circulation to nearby branches. Moreover, the Asia Pacific Flow Diverters Market is experiencing growth due to the rising use of urbane medical technologies and procedures. This is further supported by the continually expanding healthcare infrastructure and the growing awareness amongst healthcare providers regarding the advantages of using flow diverters for treating cerebral aneurysms.

The Asia Pacific Flow Diverters Market is driven by several factors such as the increasing prevalence of ageing populations susceptible to cerebral aneurysms, technological advancements in neurointerventional devices, and expanding applications of flow diverters beyond aneurysm treatment. Continuous inventions in materials and designs of flow diverters have improved their efficacy and safety profiles. New generations of devices offer improved navigability through complex vascular anatomy, better biocompatibility, and minimize the risk of complications such as thrombosis and vessel perforation. These advancements attract neurosurgeons and interventional radiologists seeking superior outcomes and encourage broader adoption of flow diverters in complex aneurysm cases. However, the high cost of flow diverter procedures and devices limits accessibility for some patient populations which can impact the market growth over the forecast period.

The key Countries considered for the Asia Pacific Flow Diverters market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, Japan is dominating the Asia Pacific Flow Diverters Market in terms of revenue. Japan's advanced healthcare infrastructure, high healthcare spending per capita, and a significant prevalence of cerebral aneurysms within its ageing population. The country also benefits from the early adoption of innovative medical technologies and a strong regulatory framework that supports the introduction and practice of new neurointerventional devices such as flow diverters. Additionally, the presence of major market players in Japan in the medical device industry, fosters research and development activities that further drive market growth. Furthermore, the market in China, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:
Micro Port Scientific Corporation
Medtronics PLC.
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Diameter Size
2-3 mm
3-4 mm
4-5 mm
>5 mm
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.