Germany Neurovascular Catheters Market Size & Outlook
Germany neurovascular catheters market, 2018-2030 (US$M)
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Germany neurovascular catheters market highlights
- The Germany neurovascular catheters market generated a revenue of USD 169.2 million in 2023 and is expected to reach USD 286.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, embolization catheters was the largest revenue generating type in 2023.
- Microcatheters is the most lucrative type segment registering the fastest growth during the forecast period.
Neurovascular catheters market data book summary
| Market revenue in 2023 | USD 169.2 million |
| Market revenue in 2030 | USD 286.8 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microcatheters, Balloon Catheters, Access Catheters, Embolization Catheters |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, Integer Holdings Corp, Penumbra Inc, Johnson & Johnson, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global neurovascular catheters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 94.4 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany neurovascular catheters 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 neurovascular catheters market will help companies and investors design strategic landscapes.
Embolization catheters was the largest segment with a revenue share of 27.84% in 2023. Horizon Databook has segmented the Germany neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the prevalence of acute ischemic stroke, leading to a higher number of mechanical thrombectomy procedures, and high adoption of technologically advanced products are among the major factors driving the growth of Germany neurovascular catheters market over the forecast period.
As intravenous thrombolysis and mechanical thrombectomy are major causes of acute ischemic stroke, increasing prevalence of these conditions is expected to boost the demand for neurovascular catheters, which is anticipated to drive the market.
In addition, according to S. Karger AG, in January 2023, a population-based study conducted across two German cities revealed the incidence of Traumatic Brain Injury (TBI) at 13 and 17 cases per 100,000 population. These conditions are some of the causes of brain aneurysms.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into Germany neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany neurovascular catheters market size, by type, 2018-2030 (US$M)
Germany Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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