Market Research Report
UK Cardiology Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||922229|
Delivery time: 2-3 business days
|UK Cardiology Market 2019-2025|
|Published: January 13, 2020||Content info:||
UK Cardiology Market Size, Share & Trends Analysis Report by Device Type (Angioplasty, Cardiovascular stents, Cardiovascular catheters, Cardiac rhythm management, and Cardiovascular assistive devices), By Drug Type (Antithrombotic drugs, Antidyslipidemic drugs, Antihypertensive drugs, and Anti-stroke drugs), By Mechanism ( Beta blockers, Beta agonists, Alpha blockers, Alpha agonists, Sodium channel blockers, Calcium channel blockers, Vasodilators, Renin inhibitors, Angiotensin receptor blockers, Diuretics, Thrombolytics), By Surgeries type(Coronary artery bypass grafting, Transmyocardial laser revascularization, Heart valve repair, Arrhythmia treatment, Aneurysm repair, Heart transplant) and Forecast 2019-2025
UK cardiology market is estimated to grow significantly at a CAGR of around 6.4% during the forecast period. UK has the highest number of CVD, Congenital heart disease (CHD), stroke, heart failure, atrial fibrillation and other heart related disease that further contributing to the growth of the market. According to one of the reports published by the British Heart Foundation in 2017, more than one-fourth of the fatalities in UK are due to CVD, which is responsible for around 1.6 million fatalities each year. The above data reflects the mortalities recorded in England, Wales, Scotland and Northern Ireland. A total of 56,493 mortalities were recorded in England followed by 7,182 in Scotland. Similarly, Wales and Northern Ireland reported 4,082 and 1,825 deaths respectively. These numbers of mortalities and incidence of heart related diseases increase the demand for cardiology devices, drugs and surgeries that further propels the market growth.
The market is segmented on the basis of Device type, drug type, mechanism, and surgeries type. Based on device type, the market is segregated angioplasty, cardiovascular stents, cardiovascular catheters, cardiac rhythm management, cardiovascular assistive devices. Angioplasty and vascular stenting are widely adopted procedures in the cardiology market and have a considerable market share. Based on the drug type, the market is segmented into antithrombotic drugs, antidyslipidemic drugs, antihypertensive drugs, and anti-stroke drugs. On the basis of surgeries type, the market is classified into coronary artery bypass grafting, transmyocardial laser revascularization, heart valve repair, arrhythmia treatment, aneurysm repair, and heart transplant.
The companies which are contributing to the growth of UK cardiology market include AstraZeneca PLC, Bayer AG, Boehringer Ingelheim International GmbH, F. Hoffmann-La Roche AG, General Electric Co., Medtronic PLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
The market study of UK cardiology market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
The report is intended for medical device companies, pharmaceuticals companies, research institutes, hospitals, and government organizations for the overall market and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.