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,

Data Bridge Market Research Report On “Global Transradial Access Market 2018 Industry Growth, Size, Trends, Share, Opportunities And Forecast To 2025” To Their Research Database.

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.

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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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