UK Cardiovascular Devices Market Size, Share, Forecast to 2026


Posted September 25, 2020 by rishabh3210

UK Cardiovascular Devices Market Size, Share, Forecast to 2026UK Cardiovascular Devices Market Size, Share, Forecast to 2026

 
UK cardiovascular devices market is projected to grow at a significant CAGR of 5.0% during the forecast period (2020-2026). A significant prevalence of CVD in UK and the well-developed healthcare infrastructure are augmenting the demand for cardiovascular devices market. According to the British Heart Foundation, more than one-fourth of the fatalities in the UK occur due to CVD, and it is responsible for around 1.6 million fatalities each year. Moreover, more than 7 million people live with one or the other type of heart diseases in UK in 2018. Therefore, the Government of UK is taking several steps to raise awareness and integrate novel medical devices in its healthcare infrastructure.

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The rise in the aging population is increasing the prevalence rate of CVD including stroke and other heart diseases. According to NHS, the price to the patients for the treatment of stroke is around $3.8 billion each year and a loss of $5.1 billion due to loss of productivity, disability, and informal care. Realizing these factors, there are several organizations in UK that focuses on the research and introduction of novel CVD devices by collaborating with the established medical device providers.

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Key questions addressed by the report

What is the market growth rate during the forecast period?
Which segment/region dominates the market in base year?
Which segment/region will project fastest growth in the market during the forecast period?
How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID

o Most affected region/segment

o Recommendations

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

UK Cardiovascular Devices Market – Segmentation

By Type

Diagnostic and Monitoring Devices

o MRI

o Electrocardiogram (ECG)

o Remote Cardiac Monitoring

o Cardiac CT

o Others (PET scan)

Surgical Devices

o Stents

o Catheters

o Cardiac Assist Devices

o Cardiac Rhythm Management Device

o Others (Heart Valves and Grafts)

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Tags uk cardiovascular devices market size , share , forecast to 2026
Last Updated September 25, 2020