Germany Guidewires Market Size & Outlook, 2023-2030
Germany guidewires market, 2018-2030 (US$M)
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Germany guidewires market highlights
- The Germany guidewires market generated a revenue of USD 155.0 million in 2023 and is expected to reach USD 226.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, coronary guidewires was the largest revenue generating product in 2023.
- Neurovascular guidewires is the most lucrative product segment registering the fastest growth during the forecast period.
Guidewires market data book summary
| Market revenue in 2023 | USD 155.0 million |
| Market revenue in 2030 | USD 226.5 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coronary guidewires, Peripheral guidewires, Urology guidewires, Neurovascular guidewires |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, COOK, B. Braun, Terumo Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, BD |
Other key industry trends
- In terms of revenue, Germany accounted for 6.0% of the global guidewires market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany guidewires market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 57.3 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany guidewires 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 guidewires market will help companies and investors design strategic landscapes.
Coronary guidewires was the largest segment with a revenue share of 44.39% in 2023. Horizon Databook has segmented the Germany guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
In 2015, Germany was ranked eighth among the OECD countries with regard to the prevalence of heart diseases, which can be attributed to lifestyle habits such as high alcohol consumption & smoking, coupled with increase in incidence of obesity. Germans are among the world’s highest alcohol consumers, with a per capita consumption of 11.7 liters in 2018.
Almost 40% of the total population in the country suffers from high blood pressure and is at a higher risk of getting a stroke. This creates huge growth opportunities for the guidewires market in Germany. In addition, reduced healthcare expenditure and improved quality of life of patients owing to minimally invasive surgeries are expected to drive the growth of the minimally invasive surgery market in Germany, thereby boosting the demand for guidewires for use in these surgeries.
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Our clientele includes a mix of guidewires market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany guidewires market , including forecasts for subscribers. This country databook contains high-level insights into Germany guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany guidewires market size, by product, 2018-2030 (US$M)
Germany Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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