The UK electroceuticals market is expected to grow at a CAGR of 7.5% during the forecast period. UK has the highest number of cardiovascular diseases, coronary heart disease, stroke, heart failure, atrial fibrillation, and other heart patients in Europe. Prolonged diseases, such as arthritis, asthma, chronic obstructive pulmonary disease, diabetes, and other heart-related diseases put economic burden on the UK government, which includes cost of premature fatalities, hospital stay, and prescriptions, and these are estimated to be approximately $50 billion annually.
The market is segmented on the basis of product and end-user. On the basis of product, the market is segmented into cardioverter defibrillators and cardiac pacemaker, deep brain stimulators (DBS), spinal cord stimulators (SCS), vagus nerve stimulators, hearing aids, and cochlear implants, and others such as sacral nerve stimulators, and transcutaneous electrical nerve stimulators. By end-user segment, the market is segmented into hospitals & clinics and homecare and other.
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UK Electroceuticals Market Segmentation
By Product and its Application
- Cardioverter Defibrillators and Cardiac Pacemaker
- Arrhythmias
- Deep Brain Stimulators
- Parkinson’s Disease
- Depression
- Spinal Cord Stimulators
- Failed Back Syndrome
- Ischemia
- Vagus Nerve Stimulators
- Epilepsy
- Cochlear Implants
- Sensorineural Hearing Loss
- Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)
- Urinary Incontinence
- Treatment-Resistant Depression
By End-User
- Hospitals and Clinics
- Homecare and Other
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Company Profiles
- Abbott Laboratories Inc.
- Advanced Bionics AG
- Boston Scientific Corp.
- Demant A/S
- Edwards Lifesciences Corp.
- Getinge AB
- GlaxoSmithKline PLC
- Livanova PLC
- Medtronic PLC
- Renishaw PLC
- Sonova Holding AG
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