Market revenue in 2023 | USD 1,824.3 million |
Market revenue in 2030 | USD 3,713.3 million |
Growth rate | 10.7% (CAGR from 2023 to 2030) |
Largest segment | Handheld instruments |
Fastest growing segment | Electrosurgical Devices |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Handheld Instruments, Inflation Devices, Cutter Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring & Visualization Devices |
Key market players worldwide | Medtronic PLC, Siemens Healthineers AG ADR, Johnson & Johnson, GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Intuitive Surgical Inc, Zimmer Biomet Holdings Inc |
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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 minimally invasive surgical instruments market will help companies and investors design strategic landscapes.
Handheld instruments was the largest segment with a revenue share of 21.92% in 2023. Horizon Databook has segmented the Germany minimally invasive surgical instruments market based on handheld instruments, inflation devices, cutter instruments, guiding devices, electrosurgical devices, auxiliary devices, monitoring & visualization devices covering the revenue growth of each sub-segment from 2018 to 2030.
Germany minimally invasive surgical instruments market accounted for 21.56% share in 2022. With the oldest national social health insurance system, German healthcare system is considered as the pioneer in public health support.
Moreover, schemes such as Statutory Health Insurance are strengthening healthcare infrastructure, thus facilitating people to undergo advanced treatment, which is expected to increase the demand for minimally invasive surgical instruments.
Germany is among the countries with the largest geriatric population in the world. Aging is one of the risk factors for several cardiac and orthopedic disorders. Thus, the increasing prevalence of cardiovascular and orthopedic disorders among elderly population is expected to boost the market demand.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany minimally invasive surgical instruments market , including forecasts for subscribers. This country databook contains high-level insights into Germany minimally invasive surgical instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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