Germany Atherectomy Devices Market Size & Outlook
Germany atherectomy devices market, 2015-2026 (US$M)
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Germany atherectomy devices market highlights
- The Germany atherectomy devices market generated a revenue of USD 28.3 million in 2019 and is expected to reach USD 48.2 million by 2026.
- The Germany market is expected to grow at a CAGR of 7.9% from 2020 to 2026.
- In terms of segment, directional atherectomy was the largest revenue generating type in 2019.
- Laser atherectomy is the most lucrative type segment registering the fastest growth during the forecast period.
Atherectomy devices market data book summary
| Market revenue in 2019 | USD 28.3 million |
| Market revenue in 2026 | USD 48.2 million |
| Growth rate | 7.9% (CAGR from 2019 to 2026) |
| Largest segment | Directional atherectomy |
| Fastest growing segment | Laser atherectomy |
| Historical data | 2015 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2026 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Directional atherectomy, Rotational atherectomy, Orbital atherectomy, Laser atherectomy |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Koninklijke Philips NV, BD, Abbott Laboratories, Avinger Inc, Cardiovascular Systems, Cardinal Health Inc, Terumo Corp |
Other key industry trends
- In terms of revenue, Germany accounted for 4.7% of the global atherectomy devices market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2026.
- In Europe, Germany atherectomy devices market is projected to lead the regional market in terms of revenue in 2026.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 48.2 million by 2026.
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Atherectomy Devices Market Scope
Atherectomy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany atherectomy 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 atherectomy devices market will help companies and investors design strategic landscapes.
Directional atherectomy was the largest segment with a revenue share of 37.1% in 2019. Horizon Databook has segmented the Germany atherectomy devices market based on directional atherectomy, rotational atherectomy, orbital atherectomy, laser atherectomy covering the revenue growth of each sub-segment from 2015 to 2026.
Germany is considered as the biggest healthcare market in Europe attracting industry players to invest and expand their business in the country. All CE marked medical devices are accepted in Germany, allowing companies such as Medtronic, Boston Scientific Corporation, and Avinger, Inc. distribute their products.
Reimbursement is a critical factor for medical devices market in Germany. Interventional procedures, such as atherectomy, are covered under the reimbursement policies. However, devices with combination of two technologies, such as, atherectomy with stent placement, do not get reimbursed due to lack of medical codes.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany atherectomy devices market, including forecasts for subscribers. This country databook contains high-level insights into Germany atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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Germany atherectomy device market size, by type, 2015-2026 (US$M)
Germany Atherectomy Devices Market Share, 2019 & 2026 (US$M)
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