Germany Vital Signs Monitoring Market Size & Outlook
Germany vital signs monitoring market, 2018-2030 (US$M)
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Germany vital signs monitoring market highlights
- The Germany vital signs monitoring market generated a revenue of USD 517.6 million in 2023 and is expected to reach USD 962.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, blood pressure monitors was the largest revenue generating product in 2023.
- Other Vital Sign Monitors is the most lucrative product segment registering the fastest growth during the forecast period.
Vital signs monitoring market data book summary
| Market revenue in 2023 | USD 517.6 million |
| Market revenue in 2030 | USD 962.0 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Blood pressure monitors |
| Fastest growing segment | Other Vital Sign Monitors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Pressure Monitors, Pulse Oximeters, Temperature Monitoring Devices, Other Vital Sign Monitors |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Nihon Kohden Corp, GE HealthCare Technologies Inc Common Stock, Masimo Corp, OMRON Corp, A&D Medical, Nonin Medical, SunTech Medical |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global vital signs monitoring market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy vital signs monitoring 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 631.4 million by 2030.
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Vital Signs Monitoring Market Scope
Vital Signs Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany vital signs monitoring 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 vital signs monitoring market will help companies and investors design strategic landscapes.
Blood pressure monitors was the largest segment with a revenue share of 48.32% in 2023. Horizon Databook has segmented the Germany vital signs monitoring market based on blood pressure monitors, pulse oximeters, temperature monitoring devices, other vital sign monitors covering the revenue growth of each sub-segment from 2018 to 2030.
In Germany, the reimbursement scheme is well thought-out and regulated. Almost 80.0% of the German population is covered under the statutory health insurance policy. The reimbursement policy for medical devices is classified as in-patient and out-patient policy.
Germany is the largest market for medical devices in Europe. It is four times larger than the medical device market for the UK. Germany thus serves as the major market segment in Europe. Vital sign monitors are classified as Class IIa medical devices.
For launching any vital sign monitor in the country, a CE approval is required. This segment is showing a growth rate of roughly 6.4% for vital sign monitors. The reimbursement system of the country is also a driving force for the growth of vital sign monitors in the country.
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Our clientele includes a mix of vital signs monitoring 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 vital signs monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Germany vital signs monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany vital signs monitoring market size, by product, 2018-2030 (US$M)
Germany Vital Signs Monitoring Market Outlook Share, 2023 & 2030 (US$M)
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