Transradial Access Market Analysis Focusing on Top Key Players are Cardinal Health, Stryker, Angiodynamics, BD, Terumo Corporation, Teleflex Incorporated, Smiths Group plc, MEDTRONIC, Boston Scientific Corporation

The ‘Transradial Access Market’ analytical summative by Data Bridge Market Research is a thorough study on the latest market trends prevailing in the global business sphere. The report also offers important details pertaining to market share, market size, profit estimations, applications and statistics of this industry. The report further presents a detailed competitive analysis including growth strategies adopted by key players of the industry.

Transradial Access Market Market Segment by Top Manufacturers Including:

Stryker, CARDINAL HEALTH, Angiodynamics Inc., BD, Terumo Corporation, Teleflex Incorporated, Smiths Group plc, MEDTRONIC, Boston Scientific Corporation, Edwards Lifesciences Corporation, Merit Medical Systems Inc., NIPRO CORPORATION, Amecath, OSCOR Inc. and Penumbra.

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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.

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.

Table of Contents:

1 Market Overview
2 Manufacturers Profiles
3 Global Transradial Access Market Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Transradial Access Market Analysis by Regions
5 North America Transradial Access Market by Countries
6 Europe Transradial Access Market by Countries
7 Asia-Pacific Transradial Access Market by Countries
8 South America Transradial Access Market by Countries
9 Middle East and Africa Transradial Access Market by Countries
10 Global Transradial Access Market Segment by Type
11 Global Transradial Access Market Segment by Application
12 Transradial Access Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix

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The global transradial access market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Cardinal Health dominates transradial access market, accounting for the highest market share in 2017, followed by Stryker and Angiodynamics Inc. Other players in this market include BD, Terumo Corporation, Teleflex Incorporated, Smiths Group plc, MEDTRONIC, Boston Scientific Corporation, Edwards Lifesciences Corporation, Merit Medical Systems Inc., NIPRO CORPORATION, Amecath, OSCOR Inc. and Penumbra among others holds 7.8% of the global transradial access system market in 2017.

Drivers: Global Transradial Access Market

The major factors driving the growth of this market are increasing cases of obese patient, rising number of heart problems, growing use of radial access in oncology field and technological advancements. On the other hand product recalls and failures may hinder the growth of the market are the factors which will boost the global transradial access market.

INCREASING CASES OF OBESE PATIENTS :

Obesity is the rising concern worldwide. The prevalence of obesity among children and adolescents aged 5-19 were valued to be raised by 18.0% in 2016 from previous year. The basic cause of obesity is an energy disparity among calories consumed and calories expended. Also, the surge of physical dormancy and consumption of energy-dense foods that are high in fat are major causes that leads to obesity. Moreover, obesity is also a risk factor for high cholesterol which leads to numerous heart problems. Following are some related stats of obesity:

According to American Heart Association (AHA), in the U.S. more than one-third (approximately 35.0%) of adults are obese (over 78 million adults).

According to Heart Foundation, in 2011, the prevalence of high cholesterol increases in the age of 55 to 64 years, and half of the population among them have high total cholesterol level.

According to the National Health and Nutrition Examination Survey (NHANES), the study reports that, in 2013-2014 more than 1 in 3 adults were considered to be obese. In which about 1 in 6 children and adolescents ages 2 to 19 were considered to have obesity.
Transradial access procedure is extensively used in obese patients as it aids to identify and control procedural hemorrhage. A recent study shows that transradial access has effectively reduced vascular problems in patients who were overweight. Also, transradial access offers less morbidity and bleeding complications associated to transfemoral access in percutaneous coronary interventions for obese people. Therefore, the augmented cases of obese patients are choosing transradial access process for treatment, eventually spurring the market demand.

RISING NUMBER OF HEART PROBLEMS:

Cardiovascular diseases (CVDs) are the disorders that affect the heart and blood vessels and it leads to cerebrovascular diseases, coronary heart diseases, rheumatic heart diseases and other conditions. The individuals with cardiovascular ailments are at a higher risk of certain issues such as glucose, blood pressure and lipids, overweight and obesity. The increased cholesterol levels and obesity are the major factors that results in augmentation of heart diseases. Some of the statistics for cardiovascular disease are mentioned below:

According to Centers for Disease Control and Prevention (CDC), approximately 610,000 people die due to heart disease in the U.S. per year.

According to European Heart Network, every year cardiovascular disease leads to 3.9 million deaths in Europe and around 1.8 million deaths in the European Union.

According to World Health Organization (WHO), cardiovascular disease (CVD) causes more than half of all deaths across the European Region. The disease leads to death or frequently it is caused by AIDS, tuberculosis and malaria combined in Europe.

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