UK cardiovascular devices market is projected to grow at a significant CAGR of 5.0% during the forecast period (2020-2026). A significant prevalence of CVD in UK and the well-developed healthcare infrastructure are augmenting the demand for cardiovascular devices market. According to the British Heart Foundation, more than one-fourth of the fatalities in the UK occur due to CVD, and it is responsible for around 1.6 million fatalities each year. Moreover, more than 7 million people live with one or the other type of heart diseases in UK in 2018. Therefore, the Government of UK is taking several steps to raise awareness and integrate novel medical devices in its healthcare infrastructure.
Browse the full report description of "UK Cardiovascular Devices Market Size, Share & Trends Analysis Report by Type (Diagnostic and Monitoring Devices (MRI, Electrocardiogram (ECG), Remote Cardiac Monitoring, Cardiac CT, and Others) and Surgical Devices (Stents, Catheters, Cardiac Assist Devices, Cardiac Rhythm Management Device, and Others) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/uk-cardiovascular-devices-market
The rise in the aging population is increasing the prevalence rate of CVD including stroke and other heart diseases. According to NHS, the price to the patients for the treatment of stroke is around $3.8 billion each year and a loss of $5.1 billion due to loss of productivity, disability, and informal care. Realizing these factors, there are several organizations in UK that focuses on the research and introduction of novel CVD devices by collaborating with the established medical device providers. Therefore, a significant market for cardiovascular devices can be expected in UK during the forecast period.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Type |
Key Companies Profiled |
Abbott Laboratories, Boston Scientific Corp., Edwards Lifesciences Corp., Medtronic PLC, Terumo Corp., Becton, Dickinson and Co., Getinge AB, VitalConnect, Inc., and Johnson & Johnson Services, Inc. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
UK Cardiovascular Devices Market – Segmentation
By Type
o MRI
o Electrocardiogram (ECG)
o Remote Cardiac Monitoring
o Cardiac CT
o Others (PET scan)
o Stents
o Catheters
o Cardiac Assist Devices
o Cardiac Rhythm Management Device
o Others (Heart Valves and Grafts)