UK Microcatheter Market Size & Outlook, 2020-2027
UK microcatheter market, 2016-2027 (US$M)
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UK microcatheter market highlights
- The UK microcatheter market generated a revenue of USD 74.5 million in 2020 and is expected to reach USD 102.0 million by 2027.
- The UK market is expected to grow at a CAGR of 4.6% from 2021 to 2027.
- In terms of segment, dual lumen was the largest revenue generating product design in 2020.
- Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
Microcatheter market data book summary
| Market revenue in 2020 | USD 74.5 million |
| Market revenue in 2027 | USD 102.0 million |
| Growth rate | 4.6% (CAGR from 2020 to 2027) |
| Largest segment | Dual lumen |
| Fastest growing segment | Dual Lumen |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Lumen, Dual Lumen |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Merit Medical Systems Inc, Stryker Corp, Penumbra Inc, Boston Scientific Corp, Teleflex Inc, Asahi Intecc Co Ltd, Surmodics Inc, BioCardia Inc |
Other key industry trends
- In terms of revenue, UK accounted for 4.0% of the global microcatheter market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany microcatheter market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 130.5 million by 2027.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK microcatheter 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 microcatheter market will help companies and investors design strategic landscapes.
Dual lumen was the largest segment with a revenue share of 64.7% in 2020. Horizon Databook has segmented the UK microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.
The UK microcatheter market is anticipated to witness considerable growth rate over the forecast period. Increasing awareness regarding treatment of chronic disorders such as heart disease, cerebrovascular strokes and presence of several major players in the market are major drivers contributing to the market growth.
For instance, Public Health England (PHE) launched the Act FAST stroke campaign in February 2018 with an aim to raise awareness regarding appropriate steps that are required to be undertaken during treatment of heart associated strokes.
For instance, the National Health Service (NHS) has introduced NHS Long Term Plan with an aim to identify stroke as a clinical priority. Under this plan, England has highlighted the need for Integrated Stroke Delivery Networks (ISDNs) in all parts of England.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into UK microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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UK microcatheter market size, by product design, 2016-2027 (US$M)
UK Microcatheter Market Outlook Share, 2020 & 2027 (US$M)
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