Germany Peripheral Vascular Devices Market Size & Outlook
Germany peripheral vascular devices market, 2018-2030 (US$M)
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Germany peripheral vascular devices market highlights
- The Germany peripheral vascular devices market generated a revenue of USD 566.1 million in 2023 and is expected to reach USD 915.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- PTA Balloons is the most lucrative type segment registering the fastest growth during the forecast period.
Peripheral vascular devices market data book summary
| Market revenue in 2023 | USD 566.1 million |
| Market revenue in 2030 | USD 915.9 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | PTA Balloons |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices, Peripheral Stents |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, Germany accounted for 5.8% of the global peripheral vascular devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany peripheral vascular devices 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 743.6 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany peripheral vascular devices 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 peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 19.01% in 2023. Horizon Databook has segmented the Germany peripheral vascular devices market based on pta balloons, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices, peripheral stents covering the revenue growth of each sub-segment from 2018 to 2030.
Germany has an advanced healthcare infrastructure characterized by a superior level of medical care. Specialized vascular centers and hospitals, equipped with modern facilities, are expected to significantly impact the diagnosis and treatment of PAD.
The country's reputation for advancements in medical research and innovation is well-established. Continual research and development activities are expected to lead to the development of novel technologies and treatment modalities for PAD in the near future.
Moreover, key industry players are involved in the launch of novel products in this region to expand their product portfolios, which is expected to propel the industry growth. For instance, in June 2023, Biotronik formally announced the initiation of a controlled-release multifunctional peripheral catheter named Oscar and began its promotional campaign at the Leipzig Interventional Course.
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Our clientele includes a mix of peripheral vascular devices market companies, investment firms, advisory firms & academic institutions.
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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 peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Germany peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany peripheral vascular devices market size, by type, 2018-2030 (US$M)
Germany Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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