United Kingdom Stent Market is
anticipated to register growth with an impressive CAGR in the forecast period,
2023-2027. The rising incidences of cardiovascular disorders across the United
Kingdom are primarily driving the growth of the market. In addition to this,
the proliferating cases of several ailments such as ischemic heart disease,
peripheral artery disease (PAD), and aortic aneurysm is also adding to the
market growth. Moreover, the growing geriatric population across the UK, who
are more prone to such ailments, is further adding to the product demand. Apart
from this, the sedentary lifestyle, unhealthy eating choices, along with high
consumption of alcohol, and smoking habits, are adding to the occurrences of
such severe ailments, which eventually is providing a thrust to the United
Kingdom stent market.
Stent refers to a small mesh tube that
is primarily utilized to open and hold passages in the body, particularly in
weak and narrow coronary arteries. This provides the heart with oxygen-rich
blood. Stents are generally inserted in an angioplasty procedure where plaque
blocks a blood vessel. They are inserted either as an emergency to treat a
heart attack or in a planned manner to wide open an artery that is blocked by
fatty plaque.
Rising Preferences for Minimally
Invasive Procedures Fuel the Market Growth
Growing inclination towards minimally
invasive surgeries (MIS) is another major factor anticipated to propel the
growth of the United Kingdom stent market over the forecasted period. Minimally
invasive procedures involve small incisions with minimal pain, hence leading to
higher patient satisfaction. These procedures also facilitate shorter hospital
stays and quick recovery. Moreover, technological advancements in stents, such
as the utilization of biodegradable materials in stent manufacturing and the
development of bifurcated stents, have enabled improved treatment of
cardiovascular diseases. Along with this, several companies are increasingly
involved in the research and development of innovative products and strategic
partnerships collaborations to expand the market reach.
Rising Prevalence of Cardiovascular and
Lifestyle Diseases Drives the Product Demand
The increasing aging population in the
United Kingdom has resulted in the increased number of patients with
cardiovascular diseases as the geriatric population is more prone to such
ailments. In 2020, people aged 65+ accounted for the share of 18.65% out of
67.26 million population in United Kingdom. Moreover, the rising cases of
hypertension have also resulted in increased incidences of cardiovascular diseases.
In addition, the bolstering number of obese people across the United Kingdom
due to sedentary and unhealthy lifestyle choices is acting as another major
risk factor responsible for CVDs. Excessive fat inside the arteries leads to
various health problems such as coronary heart diseases. As a result, the
demand for stents is surging across all the healthcare facilities based in the
UK, thereby propelling the growth of the United Kingdom stent market.
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Market Segmentation
The
United Kingdom stent market is segmented by product type, by material type, by
type, by end user, competitional landscape, and regional distribution. Based on product type, the market is
differentiated between vascular stents and non-vascular stents. By material
type market is bifurcated into metal and polymer. Based on the type, the market
is fragmented into balloon expandable and self-expandable. By end user the
market is divided between hospitals & clinics, ambulatory care centers, and
others. The market analysis also studies the regional segmentation to devise
regional market segmentation, divided among London, East Anglia, Southwest,
Southeast, Scotland, East Midlands, and Yorkshire & Humberside
Company Profile
Medtronic
United Kingdom, Abbott Laboratories Limited, Boston Scientific Limited, Becton,
Dickinson U.K. Limited, Stryker (UK) Limited, Conmed UK Limited, and B. Braun
Medical Limited are the key leading companies of United Kingdom stent market.
Attribute
|
Details
|
Base Year
|
2021
|
Historical Data
|
2017 –
2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023
– 2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue
forecast, value forecast, company share, competitive landscape, growth
factors, and trends
|
Segments covered
|
·
Product Type
·
Material Type
·
Type
·
End Users
|
Regional scope
|
London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
|
Key companies profiled
|
Medtronic United Kingdom, Abbott Laboratories Limited, Boston
Scientific Limited, Becton, Dickinson U.K. Limited, Stryker (UK) Limited,
Conmed UK Limited, and B.Braun Medical Limited
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, United Kingdom stent
market has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- United Kingdom Stent Market, By Product
Type:
- Vascular Stents
- Non-Vascular Stents
- United Kingdom Stent Market, By Material
Type:
- United Kingdom Stent Market, By
Type:
- Balloon Expandable
- Self-Expandable
- United Kingdom Stent Market, By
Type:
- hospitals & clinics
- ambulatory care centers
- others
- United Kingdom Stent Market, By Region:
o
London
o
East Anglia
o
Southwest
o
Southeast
o
Scotland
o
East
Midlands
o
Yorkshire
& Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom Stent Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United Kingdom stent market is an upcoming report to be released soon.
If you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]