Report Feature
The future of the medical device market in Germany looks good with opportunities in hospital and homecare sector. The major drivers for market growth are increasing healthcare expenditure, technological development, growing aging population, and chronic diseases.
Emerging trends, which have a direct impact on the dynamics of the medical device industry, include increasing use of AI-Optimized medical device, increasing acceptance of wearable medical devices, growing use of miniaturized medical devices, and growing adoption 3D-Printing in medical devices.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical device market in Germany report download the report brochure.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical device market in Germany report download the report brochure.
Medical Device Market in Germany by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Medical Device Market in Germany:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the medical device market in Germany through 2025, segmented by application, function, and end use, as follows:
Medical Device Market by Application [$B shipment analysis from 2014 to 2025]:
- Surgical and Infection Control Devices
- General Medical Devices
- Cardiovascular Devices
- Orthopedic Devices
- Home Healthcare Devices
- Other Devices
Medical Device Market by Function [$B shipment analysis from 2014 to 2025]:
- Diagnostic and Monitoring
- Therapeutic
- Surgical
- Other Devices
Medical Device Market by End Use [$B shipment analysis from 2014 to 2025]:
- Homecare Medical Device
- Hospital and Ambulatory Care Medical Device
On the basis of comprehensive research, Lucintel forecasts that cardiovascular device will remain the largest segment over the forecast period due to increasing geriatric population, inactive lifestyle, and poor eating habits.
Within the medical device market, diagnostic and monitoring, therapeutic, and surgical are the major function segments. Surgical device will remain the largest segment over the forecast period due to increasing number of surgical procedures, growing aging population, and increase in incidence of several chronic diseases.
Some of the features of “Opportunities for the Medical Device Market in Germany 2014-2025: Trends, Forecast and Competitive Analysis” include:
- Market size estimates: Medical device market size estimation in terms of value ($B) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, function, and end use.
- Segmentation analysis: Medical device market size by application, function, and end use in terms of value and volume shipment.
- Growth opportunities: Analysis on growth opportunities in different application, function, and end use of medical device in the medical device market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high growth opportunities for the medical device market in Germany by application (surgical and infection control devices, general medical devices, cardiovascular devices, orthopedic devices, home healthcare devices, and other devices), by function (diagnostic and monitoring, therapeutic, surgical and other devices), and by end use (homecare medical device and hospital and ambulatory care medical device)?
- • Which products segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this medical device market?
- • What are the business risks and competitive threats in this medical device market?
- • What are the emerging trends in this medical device market and the reasons behind them?
- • What are some of the changing demands of customers in the medical device market?
- • What are the new developments in the medical device market and which companies are leading these developments?
