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Transradial Access Market Upcoming Trends, Business Analysis, Top Players and Forecast to 2025: Terumo Medical Corporation, Stryker, Smiths Group, Medtronic, Boston Scientific, Edwards Lifesciences, Nipro Medical Corporation, Merit Medical Systems, Oscor,
Transradial Access Market
The global transradial access market analysis is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transradial access market for global, Europe, North America, Asia Pacific and South America.
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The Global Transradial Access Market is expected to reach USD 2.62 Billion by 2025, from USD 1.49 Billion in 2017 growing at a CAGR of 7.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition of Global Transradial Access Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the transradial access market in the next 8 years. Transradial access is an endovascular procedure to diagnose and treat arterial diseases. Transradial Access is used in coronary procedures because of low rate of complications.
It is associated with fewer site complications as compared to trans-brachial access. It is a first choice of treatment for lesions in left internal carotid artery stenosis in a bovine aortic arch or right internal carotid artery stenosis in a type III aortic arch, renal or mesenteric artery stenosis and in iliac artery lesions.
Transradial access is the alternative peripheral and cerebrovascular interventions when femoral access is precluded. In May 2014, Terumo BCT, entered into a business relationship with Kaneka to gain market authorization in the United States for the use of the terumo BCT spectra optia apheresis system with the kaneka liposorber LA-40S LDL adsorption column for cardiologists treating patients with high cholesterol.
In March 2014, Terumo Corporation entered into acquisition agreement for the treatment of coronary artery disease with arterial remodeling technologies, the agreement is for bioresorbable scaffold which is useful in treatment of angina pectoris, myocardial infarction, and other coronary events caused by blood vessels around the heart that are stenosed or blocked.
In December 2016, Terumo Corporation, entered into acquisition agreement with Abbott and St. Jude Medical, Inc. Based on the agreement Terumo will acquire St Jude Medical’s Angio-Seal and FemoSeal vascular closure product lines and Abbott’s Vado Steerable Sheath.
Browse Detailed TOC, Tables and Figures @ http://databridgemarketresearch.com/toc/?dbmr=global-transradial-access-market
Major Market Drivers and Restraints:
• Awareness towards the obesity and heart related problems.
• Increase in the use of chemotherapy.
• Development of interventional procedures using radial artery access
• Increased investment in research and development of technology
• Downward pricing pressure owing to its commodity nature
• Increase in prevalence of obese patients
Major Market competitors/players:
Becton Dickinson and Company Group plc,
Terumo Corporation,
Teleflex Incorporation,
Baxter International Inc,
Some of the major players operating in the global transradial access market are Smiths Group plc, Edwards Lifesciences Corporation, Medtronic, Merit Medical Systems Inc, Boston Scientific Corporation, Nipro Corporation, AngioDynamics, OSCOR Inc, Ameco Medical Industries, St. Jude Medical Inc, among others.
Global Transradial Access Market Overview
By Application (Fluid and Nutrition Administration, Drug Administration, and Blood Transfusion, Diagnostics and Testing),
By Product (Guidewires, Catheters, Sheaths and Sheath Introducers, Accessories),
By End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Sopan Gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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