Germany Medical Polyetheretherketone Market Size & Outlook
Germany medical polyetheretherketone market, 2019-2030 (US$M)
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Germany medical polyetheretherketone market highlights
- The Germany medical polyetheretherketone market generated a revenue of USD 18.5 million in 2023 and is expected to reach USD 30.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, orthopedic was the largest revenue generating application in 2023.
- Cardiovascular is the most lucrative application segment registering the fastest growth during the forecast period.
Medical polyetheretherketone market data book summary
| Market revenue in 2023 | USD 18.5 million |
| Market revenue in 2030 | USD 30.9 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic |
| Fastest growing segment | Cardiovascular |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trauma Fixation, Cardiovascular, Orthopedic, Dental Implants & Fixtures |
| Key market players worldwide | Superior Industries International Inc, Evonik Industries AG, Invibio, Solvay SA, Medtronic PLC, Victrex PLC, PetroChina Co Ltd Class H |
Other key industry trends
- In terms of revenue, Germany accounted for 1.9% of the global medical polyetheretherketone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medical polyetheretherketone 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 55.5 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany medical polyetheretherketone 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 medical polyetheretherketone market will help companies and investors design strategic landscapes.
Orthopedic was the largest segment with a revenue share of 45.41% in 2023. Horizon Databook has segmented the Germany medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
Germany is one of the top business locations for medical technology globally. Manufacturers in the country invest significantly in R&D and product innovation. The adoption of new technologies to offer superior quality and high-performance plastics for manufacturing durable and safe medical devices is expected to boost market growth by 2030.
Some of the major medical PEEK manufacturing companies, such as Evonik Industries AG, Covestro AG, Rochling Group, Ensinger Group, and BASF, SE are located in Germany. These companies, owing to their years of experience and ability to spend on research & development, are capable of creating innovative technologies for the market.
For example, Evonik has developed 3D-printable biomaterials called VESTAKEEP iC4800 3DF, a new osteo conductive PEEK filament that improves fusion between bone and implants. This High Performance Polymer (HPE) can be processed by Fused Filament Fabrication (FFF), a common 3D printing method.
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Target buyers of Germany medical polyetheretherketone market databook
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Our clientele includes a mix of medical polyetheretherketone market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany medical polyetheretherketone market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany medical polyetheretherketone market size, by application, 2019-2030 (US$M)
Germany Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
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