UK Nerve Repair And Regeneration Market Size & Outlook
UK nerve repair and regeneration market, 2018-2030 (US$M)
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UK nerve repair and regeneration market highlights
- The UK nerve repair and regeneration market generated a revenue of USD 501.6 million in 2023 and is expected to reach USD 1,342.9 million by 2030.
- The UK market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, neurostimulation and neuromodulation devices was the largest revenue generating product in 2023.
- Biomaterials is the most lucrative product segment registering the fastest growth during the forecast period.
Nerve repair and regeneration market data book summary
| Market revenue in 2023 | USD 501.6 million |
| Market revenue in 2030 | USD 1,342.9 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Neurostimulation and neuromodulation devices |
| Fastest growing segment | Biomaterials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biomaterials, Neurostimulation and Neuromodulation Devices |
| Key market players worldwide | Axogen Inc, Stryker Corp, St. Jude Medical, Baxter International Inc, Boston Scientific Corp, Integra Lifesciences Holdings Corp, Medtronic PLC, Polyganics, LivaNova PLC |
Other key industry trends
- In terms of revenue, UK accounted for 5.5% of the global nerve repair and regeneration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany nerve repair and regeneration market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,342.9 million by 2030.
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Nerve Repair And Regeneration Market Scope
Nerve Repair And Regeneration Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK nerve repair and regeneration 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 nerve repair and regeneration market will help companies and investors design strategic landscapes.
Neurostimulation and neuromodulation devices was the largest segment with a revenue share of 65.67% in 2023. Horizon Databook has segmented the UK nerve repair and regeneration market based on biomaterials, neurostimulation and neuromodulation devices covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of nerve injuries during molar surgery is higher in the UK than in the rest of Europe and the U.S. Various studies have been conducted to estimate the incidence of nerve injuries in this region.
Furthermore, in January 2022, in Matrix Biology, researchers at the RCSI University of Medicine and Health Sciences, AMBER, Bio Engineering Research, and the SFI Research Centre for Advanced Materials, as well as Integra Life Sciences, announced a new breakthrough for nerve repair therapies based on the body's own processes.
The preclinical research found that using Extracellular Matrix (ECM) improves nerve fibre regeneration across extensive nerve lesions without the requirement for additional cells or growth hormones.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK nerve repair and regeneration market , including forecasts for subscribers. This country databook contains high-level insights into UK nerve repair and regeneration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK nerve repair and regeneration market size, by product, 2018-2030 (US$M)
UK Nerve Repair And Regeneration Market Outlook Share, 2023 & 2030 (US$M)
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