Germany Anastomosis Devices Market Size & Outlook
Germany anastomosis devices market, 2018-2030 (US$M)
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Germany anastomosis devices market highlights
- The Germany anastomosis devices market generated a revenue of USD 156.8 million in 2023 and is expected to reach USD 227.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
Anastomosis devices market data book summary
| Market revenue in 2023 | USD 156.8 million |
| Market revenue in 2030 | USD 227.2 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, Germany accounted for 3.9% of the global anastomosis devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany anastomosis devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 200.4 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany anastomosis 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 anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 86.73% in 2023. Horizon Databook has segmented the Germany anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for 13.06% share of the European market in 2016 and is expected to grow at a rate of 5.6% over the forecast period. Increase in prevalence of CVD and colorectal cancer is expected to fuel the market growth in this region.
According to Federal Ministry of Health, Germany has the highest number of deaths due to CVD—approximately 40% of all deaths. According to the Institute for Health Metrics and Evaluation, ischemic heart disease is the number one cause of death in Germany.
It also states that incidence of colorectal cancer has increased by 5.3% from 2005 to 2016. According to Germany Trade and Invest (GTAI), the German medical device industry is the largest in Europe and is growing continuously. Constant efforts by government and nongovernment organizations to enhance the growth of healthcare industry in Germany is also expected to support the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany anastomosis devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany anastomosis devices market size, by product, 2018-2030 (US$M)
Germany Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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