UK Aortic Aneurysm Market Size & Outlook, 2023-2030
UK aortic aneurysm market, 2018-2030 (US$M)
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UK aortic aneurysm market highlights
- The UK aortic aneurysm market generated a revenue of USD 200.0 million in 2023 and is expected to reach USD 426.6 million by 2030.
- The UK market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, abdominal aortic aneurysm (aaa) was the largest revenue generating type in 2023.
- Abdominal Aortic Aneurysm (AAA) is the most lucrative type segment registering the fastest growth during the forecast period.
Aortic aneurysm market data book summary
| Market revenue in 2023 | USD 200.0 million |
| Market revenue in 2030 | USD 426.6 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Abdominal aortic aneurysm (aaa) |
| Fastest growing segment | Abdominal Aortic Aneurysm (AAA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA) |
| Key market players worldwide | W.L. Gore & Associates, Medtronic PLC, MicroPort Scientific Corp, Cook Group, Cryolife, Cardinal Health Inc, Terumo Corp, Endologix, Lombard Medical |
Other key industry trends
- In terms of revenue, UK accounted for 3.9% of the global aortic aneurysm market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK aortic aneurysm market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 248.8 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK aortic aneurysm market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aortic aneurysm market will help companies and investors design strategic landscapes.
Abdominal aortic aneurysm (aaa) was the largest segment with a revenue share of 71.2% in 2023. Horizon Databook has segmented the UK aortic aneurysm market based on thoracic aortic aneurysm (taa), abdominal aortic aneurysm (aaa) covering the revenue growth of each sub-segment from 2018 to 2030.
Hospital admissions in the UK for TAAs have doubled over the past decade. According to a populationbased study in England and Wales from 1999 to 2010, the TAA hospital admission rate was 9 per 100,000 population. In the past decade, a significant decrease in open procedures for TAAs has been observed.
Increasing penetration of minimally invasive surgical procedures, growing geriatric population, increase in incidence of endovascular aneurysm in geriatric people with weak aortic walls, product innovations & launches, and availability of skilled professionals involved in R&D are likely to drive the UK thoracic aortic aneurysm market.
Some major companies operating in the UK are Medtronic, Gore Medical, and Getinge Group. Gore Medical (the subsidiary of WL Gore associates) has its stent graft systems manufacturing unit in the UK. In April 2016, Getinge Group collaborated with Vascular International for providing training to surgeons at Charing Cross Congress at London, UK.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK aortic aneurysm market , including forecasts for subscribers. This country databook contains high-level insights into UK aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK aortic aneurysm market size, by type, 2018-2030 (US$M)
UK Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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