Germany Vascular Access Devices Market Size & Outlook
Germany vascular access devices market, 2018-2030 (US$M)
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Germany vascular access devices market highlights
- The Germany vascular access devices market generated a revenue of USD 58.7 million in 2023 and is expected to reach USD 69.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.5% from 2024 to 2030.
- In terms of segment, central venous catheter (cvcs) was the largest revenue generating product in 2023.
- Peripherally Inserted Central Catheter (PICCs) is the most lucrative product segment registering the fastest growth during the forecast period.
Vascular access devices market data book summary
| Market revenue in 2023 | USD 58.7 million |
| Market revenue in 2030 | USD 69.9 million |
| Growth rate | 2.5% (CAGR from 2023 to 2030) |
| Largest segment | Central venous catheter (cvcs) |
| Fastest growing segment | Peripherally Inserted Central Catheter (PICCs) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short Peripheral Intravenous Catheter (Short PIVCs), Huber Needles, Midline Catheters, Peripherally Inserted Central Catheter (PICCs), Central Venous Catheter (CVCs), Dialysis Catheters, Implantable Ports |
| Key market players worldwide | Teleflex Inc, BD, B. Braun, Smiths Group PLC, Cook Medical, AngioDynamics Inc, Medtronic PLC, Terumo Corp |
Other key industry trends
- In terms of revenue, Germany accounted for 3.1% of the global vascular access devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Spain vascular access devices 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 91.8 million by 2030.
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Vascular Access Devices Market Scope
Vascular Access Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany vascular access 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 vascular access devices market will help companies and investors design strategic landscapes.
Central venous catheter (cvcs) was the largest segment with a revenue share of 33.39% in 2024. Horizon Databook has segmented the Germany vascular access devices market based on short peripheral intravenous catheter (short pivcs), huber needles, midline catheters, peripherally inserted central catheter (piccs), central venous catheter (cvcs), dialysis catheters, implantable ports covering the revenue growth of each sub-segment from 2018 to 2030.
Leading market participants are implementing strategies, such as acquisitions to strengthen their competencies, product portfolios, and capabilities. The strong presence of significant companies, such as B. Braun SE, is positively influencing market growth. For instance, in September 2022, B. Braun SE acquired the Clik-FIX Catheter Securement Devices from Starboard Medical, Inc.
The Federal Institute for Drugs and Medical Devices (Bunds institute Arzneimittel und Medizin product or BfArM), is the agency in charge of regulating medical devices in Germany. Germany adheres to the EU Medical Device Directives (MDD), which will shortly be superseded by the EU Medical Device Regulations (MDR), as it is a member of the EU.
Germany divides medical devices into four risk-based classes: I, IIa, IIb, and III Class III has the highest risk, whereas Class I poses the lower risk The CE Mark is required for any medical devices registered in the EU. The widely recognized and approved CE mark serves as a visual signal that a product complies with all rules and specifications set out by the current EU standards.
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Our clientele includes a mix of vascular access devices 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 vascular access devices market, including forecasts for subscribers. This country databook contains high-level insights into Germany vascular access devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany vascular access devices market report size, by product, 2017-2030 (US$M)
Germany Vascular Access Devices Market Share, 2024 & 2030 (US$M)
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