UK cardiac catheter market is estimated to grow considerably at a CAGR of around 7.0% during the forecast period. UK has one of the finest healthcare systems in the EU region which enables it to provide quality healthcare to its individual citizens. The country has a significant market for cardiac catheters due to the high prevalence of CVD and heart failure. According to the British Heart Foundation (BHF), in 2016, more than 7 million people living with CVD and about 152,465 mortalities due to CVD. The critical factors that are leading to CVD, CHD, Stroke and other heart diseases such as harmful stress, depression, excessive consumption of alcohol, excessive smoking, hypertension, diabetes, obesity and poor diet that includes cholesterol. Lingering diseases put an economic burden on the UK government which includes the cost of premature mortalities, lost productivity, hospital stay and prescriptions which are estimated to be around $50 billion annually.

UK cardiac catheter market is segmented on the basis of type and end-user. Based on type, the market is segregated into angiographic catheters, PTCA dilatation catheters, guiding catheters, and others. Among these types of catheters, the angiographic catheters are widely adopted and have a considerable market share in the cardiac catheter market. On the basis of end-user, the market is classified into hospitals and clinics and ambulatory surgical centers. Hospitals and clinics are one of the major end-users of cardiac catheters, as there are a large number of heart surgeries conducted in hospitals. Hospitals and diagnostic clinics use the sensor-enabled cardiac catheters to diagnose the congenital heart defect, to check narrow and blocked blood vessels, to inspect the functioning of a heart valve, to measure the pressure inside the heart and to perform tissue biopsy from the heart.

UK cardiac catheter market is influenced by product development and advancements conducted by the market players. The key players in the market include Medtronic PLC, Boston Scientific Corp., Edwards Lifesciences Corp., Biosense Webster, Inc. (Johnson & Johnson Services, Inc.), and Abbott Laboratories. These players are playing a significant role in the growth of the cardiac catheter market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others. 

RESEARCH METHODOLOGY

The market study of the UK cardiac catheter 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 the authenticity of our reports.

Secondary sources include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalogue

The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. UK Cardiac Catheter Market Research and Analysis by Type
2. UK Cardiac Catheter Market Research and Analysis by End-User

The Report covers:

• Comprehensive research methodology of the UK cardiac catheter market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the UK cardiac catheter market.
• Insights about market determinants which are stimulating the UK cardiac catheter market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.