Germany Flow Diverters Market Size & Outlook, 2023-2030
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Germany flow diverters market highlights
- The Germany flow diverters market generated a revenue of USD 16.6 million in 2023 and is expected to reach USD 38.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm is the most lucrative product segment registering the fastest growth during the forecast period.
Flow diverters market data book summary
| Market revenue in 2023 | USD 16.6 million |
| Market revenue in 2030 | USD 38.5 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, Germany accounted for 5.5% of the global flow diverters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flow diverters 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 34.2 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 61.45% in 2023. Horizon Databook has segmented the Germany flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing incidence of traumatic brain injuries and brain aneurysms are major factors contributing to market growth in Germany. According to the European Society of Cardiology (ESC), around 15% to 25% of the adult population in Germany has high blood pressure. These two conditions are known causes of brain aneurysm.
Thus, an increase in the incidence of traumatic brain injuries and a high number of high blood pressure cases are likely to drive market growth. Germany has a good number of hospitals and pharmaceutical & medical device companies that contribute toward the growth of the healthcare economy.
Initiatives such as the excellence initiative were started by the German state government and federal government to enhance the country’s R&D activities and improve the quality of research institutes & other bodies that work to develop new and advanced products in the healthcare sector.
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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 flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Germany flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany flow diverters market size, by product, 2018-2030 (US$M)
Germany Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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