Germany Portable Medical Devices Market Size & Outlook
Germany portable medical devices market, 2018-2030 (US$M)
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Germany portable medical devices market highlights
- The Germany portable medical devices market generated a revenue of USD 4,886.2 million in 2023 and is expected to reach USD 11,495.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, monitoring devices was the largest revenue generating product in 2023.
- Smart Wearable Medical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Portable medical devices market data book summary
| Market revenue in 2023 | USD 4,886.2 million |
| Market revenue in 2030 | USD 11,495.2 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring devices |
| Fastest growing segment | Smart Wearable Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Wearable Medical Devices, Diagnostic Imaging, Therapeutics, Monitoring Devices |
| Key market players worldwide | GE Aerospace, OMRON Corp, Vyaire Medical, Samsung BioLogics, Koninklijke Philips NV, Medtronic PLC, Roche Holding AG, Nox Medical |
Other key industry trends
- In terms of revenue, Germany accounted for 7.1% of the global portable medical devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany portable medical devices market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 11,495.2 million by 2030.
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Portable Medical Devices Market Scope
Portable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany portable medical 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 portable medical devices market will help companies and investors design strategic landscapes.
Monitoring devices was the largest segment with a revenue share of 47.84% in 2023. Horizon Databook has segmented the Germany portable medical devices market based on smart wearable medical devices, diagnostic imaging, therapeutics, monitoring devices covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the European countries with highest senior population. In addition, Germany also has one of the fastest growth rates of elderly population. As per the OECD data, approximately 33% of the population in Germany will be above 65 years of age and nearly 15% is expected to be above 80 years of age by 2050.
Furthermore, Germany is a technologically advanced country, and German manufacturers are innovating new technologies for home use, which, in turn, is driving market growth. Zana Technologies is one of the top companies in Germany offering new home care technologies. For instance, in November 2020, Zana Technologies received a Class I CE mark in the EU market .
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Our clientele includes a mix of portable medical devices 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 portable medical devices market, including forecasts for subscribers. This country databook contains high-level insights into Germany portable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany portable medical devices market size, by product, 2018-2030 (US$M)
Germany Portable Medical Devices Market Share, 2023 & 2030 (US$M)
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