UK Peripheral Vascular Devices Market Size & Outlook
UK peripheral vascular devices market, 2018-2030 (US$M)
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UK peripheral vascular devices market highlights
- The UK peripheral vascular devices market generated a revenue of USD 455.0 million in 2023 and is expected to reach USD 743.6 million by 2030.
- The UK market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Plaque Modification Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Peripheral vascular devices market data book summary
| Market revenue in 2023 | USD 455.0 million |
| Market revenue in 2030 | USD 743.6 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Plaque Modification Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices, Peripheral Stents |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, UK accounted for 4.7% of the global peripheral vascular devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany peripheral vascular 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 743.6 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK peripheral vascular 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 peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 18.92% in 2023. Horizon Databook has segmented the UK peripheral vascular devices market based on pta balloons, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices, peripheral stents covering the revenue growth of each sub-segment from 2018 to 2030.
The peripheral vascular devices market in the UK has been growing in recent years due to the increasing cases of PAD in this region. For instance, as per the data by The Vascular Society for Great Britain and Ireland in 2022, PAD impacts 20% of individuals aged 60 and above in the UK. It poses a dual threat, with a significant risk of lower limb amputation and an increased susceptibility to associated conditions such as heart attacks & strokes.
The increasing incidence of PAD is leading to an increasing demand for advanced diagnostic and therapeutic interventions. These factors are expected to boost the peripheral vascular devices market. Moreover, increasing incidence of cardiovascular disease is fueling the market growth. BD, Cardinal Health, Boston Scientific Corporation, Medtronic, Edwards Lifesciences Corporation, and Cook are some of the key players in the UK peripheral vascular devices market.
Furthermore, the demand for minimally invasive techniques in vascular procedures is growing. Both patients and healthcare practitioners are increasingly selecting procedures characterized by smaller incisions, shorter recovery periods, and fewer postoperative complications.
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Target buyers of UK peripheral vascular devices market databook
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Our clientele includes a mix of peripheral vascular 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 peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into UK peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK peripheral vascular devices market size, by type, 2018-2030 (US$M)
UK Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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