The world number one took a 3-1 lead with 127 and 132 finishes. Price broke back in the eighth leg with a 65 checkout and hit double 10 to move one leg away from victory.
Van Gerwen leveled the match with a 13-dart leg and forced a leg-decider. Price had the throw in the last leg and left 57 after twelve darts. However, Price only gave himself one match-dart after missing the single 17 with his first dart. He missed double 20 and Van Gerwen took out 118 to seal the win and book his place in the semi-finals.
The three-time world champion faces Mensur Suljovic in the semi-finals. After Wade had a 2-0 lead, 'The Gentle' won six legs on the spin to move into the next round.
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Michael van Gerwen (101.33) 6-0 (90.14) Jermaine Wattimena
Krzysztof Ratajski (87.15) 4 (11) 6 (89.26) Gerwyn Price
Mensur Suljovic (93.81) 6-3 (99.77) Joe Cullen
James Wade (101.79) 6-1 (98.41) Dave Chisnall
Justin Pipe (96.64) 6-1 (90.21) Darren Webster
Rob Cross (105.74) 6-4 (100.45) Jonny Clayton
Dimitri Van den Bergh (85.74) 0-6 (94.93) Daryl Gurney
Peter Wright (101.57) 6-3 (96.46) Ross Smith
Quarter-Finals
Michael van Gerwen (104.57) 6-5 (103.55) Gerwyn Price
Mensur Suljovic (102.26) 6-2 (94.97) James Wade
Justin Pipe v Rob Cross
Daryl Gurney v Peter Wright
Semi-Finals
Michael van Gerwen v Mensur Suljovic
Pipe/Cross v Gurney/Wright
Final
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