Germany cardiology market is estimated to grow significantly at a CAGR of around 6.0% during the forecast period owing to the massive population of CVD, CHD &stroke and rise in adoption of cardiology surgeries for Angioplasty and CABG surgeries. The demand for stents, catheters and innovative guidewires is increasing significantly and boosting the market growth. Technological advancement and innovation in cardiac stents, catheters, and guiding wires, enable to perform better cardiology surgeries with improved success rate. The number of heart donors is very scarce and there is a long list of patients who lost their lives waiting to receive a heart transplant. Morever, technological advancements in artificial pacemakers are creating huge scope for the cardiology market in the country.
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The market is segmented on the basis of Device type, drug type, mechanism, and surgeries type. Based on device type, the market is segregated angioplasty, cardiovascular stents, cardiovascular catheters, cardiac rhythm management, cardiovascular assistive devices. Angioplasty and vascular stenting are widely adopted procedures in the cardiology market and have a considerable market share. Based on the drug type, the market is segmented into antithrombotic drugs, antidyslipidemic drugs, antihypertensive drugs, and anti-stroke drugs. On the basis of surgeries type, the market is classified into coronary artery bypass grafting, transmyocardial laser revascularization, heart valve repair, arrhythmia treatment, aneurysm repair, and heart transplant.
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Germany Cardiology Market Segmentation
By Device Type
- Angioplasty
- Cardiovascular stents
- Cardiovascular catheters
- Cardiac rhythm management
- Cardiovascular assistive devices
By Drug Type
- Antithrombotic drugs
- Antidyslipidemic drugs
- Antihypertensive drugs
- Anti-stroke drugs
By Mechanism
- Beta blockers
- Beta agonists
- Alpha blockers
- Alpha agonists
- Sodium channel blockers
- Calcium channel blockers
- Vasodilators
- Renin inhibitors
- Angiotensin receptor blockers
- Diuretics
- Thrombolytics
By Surgeries Type
- Coronary artery bypass grafting
- Transmyocardial laser revascularization
- Heart valve repair
- Arrhythmia treatment
- Aneurysm repair
- Heart transplant
Company Profiles
- Abbott Laboratories
- AstraZeneca PLC
- Bayer AG
- Boehringer Ingelheim International GmbH
- F. Hoffmann-La Roche AG
- General Electric Co.
- Medtronic PLC
- Merck KGaA
- Novartis International AG
- Sanofi S.A.
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