Germany Microcatheter Market Size & Outlook, 2024-2030
Germany microcatheter market, 2018-2030 (US$M)
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Germany microcatheter market highlights
- The Germany microcatheter market generated a revenue of USD 100.0 million in 2024 and is expected to reach USD 134.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, dual lumen was the largest revenue generating product design in 2024.
- Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
Microcatheter market data book summary
| Market revenue in 2024 | USD 100.0 million |
| Market revenue in 2030 | USD 134.1 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Dual lumen |
| Fastest growing segment | Dual Lumen |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Lumen, Dual Lumen |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Merit Medical Systems Inc, Stryker Corp, Penumbra Inc, Boston Scientific Corp, Teleflex Inc, Asahi Intecc Co Ltd, Surmodics Inc, BioCardia Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 4.6% of the global microcatheter market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany microcatheter 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 43.4 million by 2030.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany microcatheter 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 microcatheter market will help companies and investors design strategic landscapes.
Dual lumen was the largest segment with a revenue share of 69.3% in 2024. Horizon Databook has segmented the Germany microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the number of minimally invasive intervention procedures and high adoption of technologically advanced products are major factors fueling the microcatheter market in Germany. Moreover, as per Organization for Economic Co-operation and Development (OECD), in 2017, Germany has spent 11.3% of GDP on healthcare.
Thus, increasing number of minimally invasive procedures, and rising healthcare expenditure are factors expected to drive the market growth in Germany. Companies are undertaking strategies such as acquisitions and partnerships to gain a competitive edge over their competitors.
For instance, in November 2018, Boston announced its plans to acquire BTG Plc, a UK-based company that specializes in manufacturing minimally invasive products, including microcatheters, for the treatment of vascular diseases.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into Germany microcatheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany microcatheter market size, by product design, 2018-2030 (US$M)
Germany Microcatheter Market Outlook Share, 2024 & 2030 (US$M)
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