UK Neurothrombectomy Devices Market Size & Outlook
UK neurothrombectomy devices market, 2018-2030 (US$M)
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UK neurothrombectomy devices market highlights
- The UK neurothrombectomy devices market generated a revenue of USD 42.4 million in 2023 and is expected to reach USD 72.3 million by 2030.
- The UK market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, clot retrievers was the largest revenue generating product in 2023.
- Clot Retrievers is the most lucrative product segment registering the fastest growth during the forecast period.
Neurothrombectomy devices market data book summary
| Market revenue in 2023 | USD 42.4 million |
| Market revenue in 2030 | USD 72.3 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Clot Retrievers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
| Key market players worldwide | Medtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio |
Other key industry trends
- In terms of revenue, UK accounted for 6.1% of the global neurothrombectomy devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neurothrombectomy devices 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 72.3 million by 2030.
Clot retrievers was the largest segment with a revenue share of 59.67% in 2023. Horizon Databook has segmented the UK neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
The UK neuro thrombectomy devices market is anticipated to witness considerable growth rate over the forecast period. Increasing awareness regarding treatment of acute ischemic stroke 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 stroke.
In addition, several initiatives related to treatment of acute ischemic stroke in the UK are also expected to boost market growth. For instance, NHS has introduced NHS Long Term Plan with an aim to identify stroke as a clinical priority. Such initiatives are anticipated to boost the demand for products, thereby propelling the market growth.
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Neurothrombectomy Devices Market Scope
Neurothrombectomy Devices Market Companies
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UK neurothrombectomy devices market size, by product, 2018-2030 (US$M)
UK Neurothrombectomy Devices Market Outlook Share, 2023 & 2030 (US$M)
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