Germany Health Sensors Market Size & Outlook, 2021-2030
Germany health sensors market, 2018-2030 (US$M)
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Germany health sensors market highlights
- The Germany health sensors market generated a revenue of USD 4,029.9 million in 2021 and is expected to reach USD 13,844.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 14.7% from 2022 to 2030.
- In terms of segment, wearable sensors was the largest revenue generating product in 2021.
- Implantable/ingestible sensors is the most lucrative product segment registering the fastest growth during the forecast period.
Health sensors market data book summary
| Market revenue in 2021 | USD 4,029.9 million |
| Market revenue in 2030 | USD 13,844.5 million |
| Growth rate | 14.7% (CAGR from 2021 to 2030) |
| Largest segment | Wearable sensors |
| Fastest growing segment | Implantable/ingestible sensors |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
| Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 9.8% of the global health sensors market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany health sensors market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 8,948.5 million by 2030.
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Health Sensors Market Scope
Health Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany health sensors 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 health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.94% in 2021. Horizon Databook has segmented the Germany health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as ongoing technological developments and rising number of obese patients are likely to propel the market. Europe has been a potential source of innovative solutions that have changed the global healthcare industry.
Various regulations and reimbursement policies are made by Germany’s government to enhance usage of medical devices, such as patient monitoring devices, wearable devices, and diagnosis devices. For instance, in November 2019, the German parliament passed a new law enhancing digital healthcare provision for patients to entitle patients in statutory health insurance to reimbursement of digital health solutions.
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Our clientele includes a mix of health sensors 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 health sensors market , including forecasts for subscribers. This country databook contains high-level insights into Germany health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany health sensors market size, by product, 2018-2030 (US$M)
Germany Health Sensors Market Outlook Share, 2021 & 2030 (US$M)
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