UK Neurovascular Catheters Market Size & Outlook
UK neurovascular catheters market, 2018-2030 (US$M)
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UK neurovascular catheters market highlights
- The UK neurovascular catheters market generated a revenue of USD 132.5 million in 2023 and is expected to reach USD 219.4 million by 2030.
- The UK market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, embolization catheters was the largest revenue generating type in 2023.
- Microcatheters is the most lucrative type segment registering the fastest growth during the forecast period.
Neurovascular catheters market data book summary
| Market revenue in 2023 | USD 132.5 million |
| Market revenue in 2030 | USD 219.4 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Embolization catheters |
| Fastest growing segment | Microcatheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microcatheters, Balloon Catheters, Access Catheters, Embolization Catheters |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, Integer Holdings Corp, Penumbra Inc, Johnson & Johnson, Integra Lifesciences Holdings Corp, Acandis GmbH, Spiegelberg |
Other key industry trends
- In terms of revenue, UK accounted for 4.1% of the global neurovascular catheters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neurovascular catheters market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 94.4 million by 2030.
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Neurovascular Catheters Market Scope
Neurovascular Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK neurovascular catheters 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 neurovascular catheters market will help companies and investors design strategic landscapes.
Embolization catheters was the largest segment with a revenue share of 26.64% in 2023. Horizon Databook has segmented the UK neurovascular catheters market based on microcatheters, balloon catheters, access catheters, embolization catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The UK neurovascular catheters market is anticipated to witness considerable growth over the forecast period. Increasing awareness regarding the treatment of acute ischemic stroke and presence of several major players in the market are among the major factors contributing to market growth.
In addition, several initiatives related to the treatment of acute ischemic stroke in the UK are expected to boost market growth. For instance, NHS has introduced the NHS Long Term Plan 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 the country. Such initiatives are anticipated to boost the demand for products, thereby propelling market growth. According to NHS England, every year, more than 100,000 people suffer a stroke and there are 1.3 million stroke survivors in the UK.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK neurovascular catheters market , including forecasts for subscribers. This country databook contains high-level insights into UK neurovascular catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK neurovascular catheters market size, by type, 2018-2030 (US$M)
UK Neurovascular Catheters Market Outlook Share, 2023 & 2030 (US$M)
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