Germany myocardial infarction (MI) market is estimated to grow considerably, at a CAGR of around 5.4% during the forecast period. Germany has a considerable market share of the global MI treatment market due to the massive population of CVD, CHD, MI, and stroke, and the rise in the adoption of cardiology surgeries for Angioplasty and CABG surgeries. Germany has a quality healthcare system and favorable government policies which are driving the MI treatment market in the country. It has a quality healthcare system, which is equipped with the latest cardiology devices and products such as innovative stents, catheters, and guidewires. Adoption of innovative cardiology surgeries in major hospitals, research centers, and clinics enable to provide better patient care and treatment. However, the healthcare system of Germany is costly and there is no reimbursement for the heart transplant and other critical cardiology surgeries such as MI and CVD.
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The market study of the Germany myocardial infarction market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
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The market is segmented into type, device, diagnosis, treatment, and end-user. Based on type, the market is segmented into ST-elevation myocardial infarction (STEMI) heart attacks, non-ST elevation myocardial infarction (NSTEMI) heart attacks, and silent heart attacks. Based on the device, the market is segmented into left ventricular assist device, pacemaker, implantable cardioverter defibrillator, and others (aspiration-based catheters). Based on the diagnosis, the market is segmented into an electrocardiography (ECG), chest X-Ray, computed tomography (CT Scan), echocardiography, and others (blood test). Based on treatment, the market is segmented into medication and surgery. Based on end-user, the market is segmented into hospitals & clinics, Ambulatory Surgical Centers (ASCs), and research institutes.
The companies which are contributing to the growth of the Germany myocardial infarction market include AstraZeneca PLC, Bayer AG, Boehringer Ingelheim International GmbH, Novartis AG, GlaxoSmithKline PLC, Koninklijke Philips N.V., Medtronic PLC, and Merck KGaA. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups, and technological advancements to stay competitive in the market. For instance, in November 2018, Bayer and Merck’s Investigational drug Vericiguat meet the primary endpoint in phase III study of patients with worsening chronic heart failure. Vericiguat reduced the risk of heart failure hospitalization or cardiovascular death in patients with worsening chronic heart failure with reduced ejection fraction, compared to placebo when added to available heart failure therapies.
Germany Myocardial Infarction Market – Segmentation
by Type
Non-ST-elevation myocardial infarction (NSTEMI)
ST-elevation myocardial infarction (STEMI)
Silent Heart Attacks
by Device
Left Ventricular Assist Device (LVAD)
Pacemaker
Catheters
Implantable Cardioverter-Defibrillator (ICD)
Others (Stent Graft)
by Diagnosis
Electrocardiography (ECG)
Chest X-Ray
Computed Tomography (CT Scan)
Echocardiography
Others (Blood Test)
by Treatment
Medication
Analgesics
Thrombolytic
Antiplatelet Agents
Glycoprotein IIb/IIIa Inhibitors
Others (Beta-Adrenergic Blockers)
Surgery
Angioplasty
Bypass Surgery
Heart Transplant
by End-User
Hospital & Clinics
Ambulatory Surgical Centers
Research Institutes
Company Profiles
Abbott Laboratories Inc.
AdvanceCOR GmbH
AstraZeneca PLC
Bayer AG
Boehringer Ingelheim International GmbH
Boston Scientific Corp.
Bristol-Myers Squibb Co.
Eli Lilly and Co.
GlaxoSmithKline Plc
Johnson & Johnson Services, Inc.
Koninklijke Philips N.V.
Medtronic PLC
Merck KGaA
Novartis AG
Pfizer Inc.
Portola Pharmaceutical Inc.
Sanofi SA
Siemens AG
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