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UK Cardiac Catheters Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

Apr 17th 2020 at 2:15 AM

UK cardiac catheter market is estimated to grow considerably at a CAGR of around 7.0% during the forecast period. UK has one of the finest healthcare systems in the EU region which enables it to provide quality healthcare to its individual citizens. The country has a significant market for cardiac catheters due to the high prevalence of CVD and heart failure. According to the British Heart Foundation (BHF), in 2016, more than 7 million people living with CVD and about 152,465 mortalities due to CVD. The critical factors that are leading to CVD, CHD, Stroke and other heart diseases such as harmful stress, depression, excessive consumption of alcohol, excessive smoking, hypertension, diabetes, obesity and poor diet that includes cholesterol. Lingering diseases put an economic burden on the UK government which includes the cost of premature mortalities, lost productivity, hospital stay and prescriptions which are estimated to be around $50 billion annually.

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UK cardiac catheter market is segmented on the basis of type and end-user. Based on type, the market is segregated into angiographic catheters, PTCA dilatation catheters, guiding catheters, and others. Among these types of catheters, the angiographic catheters are widely adopted and have a considerable market share in the cardiac catheter market. On the basis of end-user, the market is classified into hospitals and clinics and ambulatory surgical centers. Hospitals and clinics are one of the major end-users of cardiac catheters, as there are a large number of heart surgeries conducted in hospitals. Hospitals and diagnostic clinics use the sensor-enabled cardiac catheters to diagnose the congenital heart defect, to check narrow and blocked blood vessels, to inspect the functioning of a heart valve, to measure the pressure inside the heart and to perform tissue biopsy from the heart.

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UK Cardiac Catheters Market Segmentation

By Type

  • Angiographic Catheters

  • PTCA Dilatation Catheters

  • Guiding Catheters

  • Others (Intravascular Ultrasound (IVUS) Catheters)

By End-User

  • Hospitals and Clinics

  • Ambulatory Surgical Centers

Company Profiles

  • Abbott Laboratories

  • B. Braun Melsungen AG

  • Biosense Webster, Inc. (Johnson & Johnson Services, Inc.)

  • Boston Scientific Corp.

  • C. R. Bard, Inc.

  • Cook Group Inc.

  • Edwards Lifesciences Corp.

  • Getinge AB

  • ICU Medical, Inc.

  • Koninklijke Philips N.V.

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