UK Interventional Cardiology Devices Market Size & Outlook
UK interventional cardiology devices market, 2018-2030 (US$M)
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UK interventional cardiology devices market highlights
- The UK interventional cardiology devices market generated a revenue of USD 342.6 million in 2023 and is expected to reach USD 600.0 million by 2030.
- The UK market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, coronary stents was the largest revenue generating product in 2023.
- Accessory Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Interventional cardiology devices market data book summary
| Market revenue in 2023 | USD 342.6 million |
| Market revenue in 2030 | USD 600.0 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Coronary stents |
| Fastest growing segment | Accessory Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intravascular Imaging Catheters and Pressure Guidewires, Coronary Stents, PTCA Balloon Catheters, Accessory Devices |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Koninklijke Philips NV, Cardinal Health Inc, Terumo Corp, Teleflex Inc, B. Braun, Biosensors, BIOTRONIK, Asahi Intecc Co Ltd, Cook Medical, Merit Medical Systems Inc, Haemonetics Corp, Vascular Solutions, Zeon Corp, Alvimedica, Meril Life, Medinol |
Other key industry trends
- In terms of revenue, UK accounted for 3.5% of the global interventional cardiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany interventional cardiology devices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 672.8 million by 2030.
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Interventional Cardiology Devices Market Scope
Interventional Cardiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK interventional cardiology devices 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 interventional cardiology devices market will help companies and investors design strategic landscapes.
Coronary stents was the largest segment with a revenue share of 49.8% in 2023. Horizon Databook has segmented the UK interventional cardiology devices market based on intravascular imaging catheters and pressure guidewires, coronary stents, ptca balloon catheters, accessory devices covering the revenue growth of each sub-segment from 2018 to 2030.
The UK population is aging rapidly, with a higher proportion of individuals over the age of 65. This demographic shift increases the prevalence of age-related CVDs, driving the demand for interventional cardiology treatments and devices.
As per data from the British Cardiovascular Intervention Society and Research Manchester, PCI volumes in the UK decreased by 49% during the lockdown phase of the pandemic. This decline was most pronounced in PCI for stable angina, which witnessed a 66% volume reduction. Other studies showed similar declines in interventional cardiology procedures in other countries.
Furthermore, a study in the UK highlighted that PCI volumes decreased by 30% in the first few months of the pandemic. These companies are actively involved in strategic activities, such as product launches, partnerships, & acquisitions, to expand their presence and cater to the growing demand for interventional cardiology devices.
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Target buyers of UK interventional cardiology devices market databook
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Our clientele includes a mix of interventional cardiology devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK interventional cardiology devices market , including forecasts for subscribers. This country databook contains high-level insights into UK interventional cardiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK interventional cardiology devices market size, by product, 2018-2030 (US$M)
UK Interventional Cardiology Devices Market Outlook Share, 2023 & 2030 (US$M)
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