Germany Surgical Equipment Market Size & Outlook
Germany surgical equipment market, 2018-2030 (US$M)
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Germany surgical equipment market highlights
- The Germany surgical equipment market generated a revenue of USD 1,135.3 million in 2023 and is expected to reach USD 2,085.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical equipment market data book summary
| Market revenue in 2023 | USD 1,135.3 million |
| Market revenue in 2030 | USD 2,085.6 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | Johnson & Johnson, Zimmer Biomet Holdings Inc, B. Braun, Smith & Nephew PLC, Stryker Corp, Aspen Group Inc, Medtronic PLC, BD |
Other key industry trends
- In terms of revenue, Germany accounted for 6.7% of the global surgical equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany surgical equipment market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 860.5 million by 2030.
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Surgical Equipment Market Scope
Surgical Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany surgical equipment 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 surgical equipment market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 44.77% in 2023. Horizon Databook has segmented the Germany surgical equipment market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
The surgical equipment market in Germany is dynamic & competitive, with several major players competing for revenue share. B. Braun Melsungen AG, Medtronic, Siemens Healthcare GmbH, Zimmer Elektromedizin GmbH, Jarit GmbH, and Karl Storz GmbH & Co. Kg are some of the leading players in the market.
B. Braun Melsungen AG offers more than 6,000 high-quality surgical equipment that can be used in hospital & ambulatory surgical centers for conducting surgeries. In addition, it also offers reprocessed surgical instruments. Thus, the presence of key players with a strong product portfolio is expected to drive market growth.
Germany is among the countries with the largest geriatric population in the world. Aging is a risk factor for several cardiac & orthopedic disorders. Thus, the increasing prevalence of cardiovascular and orthopedic disorders among the elderly population is expected to boost the market demand.
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Our clientele includes a mix of surgical equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany surgical equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany surgical equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany surgical equipment market size, by product, 2018-2030 (US$M)
Germany Surgical Equipment Market Outlook Share, 2023 & 2030 (US$M)
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