Germany Branched Stent Grafts Market Size & Outlook
Germany branched stent grafts market, 2021-2028 (US$M)
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Germany branched stent grafts market highlights
- The Germany branched stent grafts market generated a revenue of USD 8.3 million in 2021 and is expected to reach USD 14.5 million by 2028.
- The Germany market is expected to grow at a CAGR of 8.4% from 2022 to 2028.
- In terms of segment, iliac stent was the largest revenue generating type in 2021.
- Iliac Stent is the most lucrative type segment registering the fastest growth during the forecast period.
Branched stent grafts market data book summary
| Market revenue in 2021 | USD 8.3 million |
| Market revenue in 2028 | USD 14.5 million |
| Growth rate | 8.4% (CAGR from 2021 to 2028) |
| Largest segment | Iliac stent |
| Fastest growing segment | Iliac Stent |
| Historical data | 2021 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iliac Stent |
| Key market players worldwide | Medtronic PLC, BIOTRONIK, Merit Medical Systems Inc, Abbott Laboratories, Cook Medical, Cardinal Health Inc, Boston Scientific Corp, Terumo Corp |
Other key industry trends
- In terms of revenue, Germany accounted for 2.9% of the global branched stent grafts market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK branched stent grafts market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 14.5 million by 2028.
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Branched Stent Grafts Market Scope
Branched Stent Grafts Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany branched stent grafts 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 branched stent grafts market will help companies and investors design strategic landscapes.
Iliac stent was the largest segment with a revenue share of 37.35% in 2021. Horizon Databook has segmented the Germany branched stent grafts market based on iliac stent covering the revenue growth of each sub-segment from 2021 to 2028.
The healthcare industry in the country is adopting innovative technologies to maintain high level of care for the rapidly aging population in the country. According to Knoema, 21.7% of the population in the country was aged 65 and above in 2020, increasing from 13.9 % in 1971.
Germany is an attractive market due to its constant growth and sophisticated approach to healthcare. For instance, in April 2019, the country’s minister of health officially launched the Health Innovation Hub (HIH) in Berlin.
Furthermore, the market is expected to grow at a lucrative rate owing to various initiatives being undertaken by major players in the country. For example, in July 2020, Biotronik, headquartered in Germany, introduced Dynetic-35 Stent.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany branched stent grafts market , including forecasts for subscribers. This country databook contains high-level insights into Germany branched stent grafts market from 2021 to 2028, including revenue numbers, major trends, and company profiles.
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Germany branched stent grafts market size, by type, 2021-2028 (US$M)
Germany Branched Stent Grafts Market Outlook Share, 2021 & 2028 (US$M)
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