Germany Aortic Aneurysm Market Size & Outlook, 2023-2030
Germany aortic aneurysm market, 2018-2030 (US$M)
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Germany aortic aneurysm market highlights
- The Germany aortic aneurysm market generated a revenue of USD 161.3 million in 2023 and is expected to reach USD 345.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
- In terms of segment, abdominal aortic aneurysm (aaa) was the largest revenue generating type in 2023.
- Abdominal Aortic Aneurysm (AAA) is the most lucrative type segment registering the fastest growth during the forecast period.
Aortic aneurysm market data book summary
| Market revenue in 2023 | USD 161.3 million |
| Market revenue in 2030 | USD 345.4 million |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | Abdominal aortic aneurysm (aaa) |
| Fastest growing segment | Abdominal Aortic Aneurysm (AAA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA) |
| Key market players worldwide | W.L. Gore & Associates, Medtronic PLC, MicroPort Scientific Corp, Cook Group, Cryolife, Cardinal Health Inc, Terumo Corp, Endologix, Lombard Medical |
Other key industry trends
- In terms of revenue, Germany accounted for 3.1% of the global aortic aneurysm market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK aortic aneurysm market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 248.8 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany aortic aneurysm 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 aortic aneurysm market will help companies and investors design strategic landscapes.
Abdominal aortic aneurysm (aaa) was the largest segment with a revenue share of 71.17% in 2023. Horizon Databook has segmented the Germany aortic aneurysm market based on thoracic aortic aneurysm (taa), abdominal aortic aneurysm (aaa) covering the revenue growth of each sub-segment from 2018 to 2030.
According to a study published in 2018, in Germany, around 48,000 cases of descending thoracic aortic aneurysm were identified. The average age of patients was 69 ±12 years and 65.2% were male. Surgical treatment was received by 4,969 patients (10.3%): 4,057 TEVAR (81.6%) and 912 OAR (18.4%) procedures.
People require aortic aneurysm devices to meet the demand for TEVAR procedures, which will immediately result in the expansion of the thoracic aortic aneurysm market in Germany.
Technological advancements and rising geriatric population are other major drivers in Germany. In December 2017, Cryolife, Inc. acquired the German stent graft and surgical graft maker JOTEC. This is expected to provide double-digit growth in sales to JOTEC in the next five years, which can be attributed to technological and clinically advanced benefits of JOTEC products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany aortic aneurysm market , including forecasts for subscribers. This country databook contains high-level insights into Germany aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aortic aneurysm market size, by type, 2018-2030 (US$M)
Germany Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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