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Transradial Access Market is Driven by Increasing Prevalence of Obesity with $2,961.79 Million (Revenue) by 2027 covering Smiths Medical, Ameco Medical, Edward Lifesciences Corporation, Merit Medical Systems, Boston Scientific Corporation

07-02-2019 05:57 AM CET | Science & Education

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

Obesity is one of the major problems and the biggest concern in all the communities across the globe. Currently, more than one in two adults and nearly one in six children are obese. Obesity is one of the major issues that affect people of all ages and incomes globally.

Transradial Access Market to 2027 - Global Analysis and Forecasts By Product (Catheters, Guidewire, Sheath and Sheath Introducer and Accessories); Application (Drug Administration, Diagnostics and Testing, Fluid and Nutrition Administration and Blood Transfusion); End User (Hospitals and Clinics, Ambulatory Surgical Centers and Others) and Geography

Obesity, sedentary lifestyle and improper diet play a major role in increasing diabetes among the population worldwide. Physical activity is important to maintain the blood glucose level. The lack of exercise and unhealthy diet such as diet high in fat and calories increase the risk for the development of obesity and diabetes.

According to World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight. And out of these over 650 million adults were obese. The cardiovascular diseases (CVDs) are the disorders of the heart and blood vessels and include cerebrovascular disease, coronary heart disease, rheumatic heart disease and other conditions. As per WHO data published in 2017, states that, in 2016, approximately 17.9 million people died from CVDs, which was 31.0% of all the global deaths. Thus, owing to increasing prevalence of lifestyle related diseases the market for transradial access is likely to propel at a significant rate during the forecast period.

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Earlier, the majority of coronary procedures were performed with the femoral artery. However, after the development of transradial approach, numerous studies confirmed that this method is related with an important minimization in vascular difficulties, comparable procedure times and radiation exposure to femoral procedures, the ability to perform complex coronary interventions, initial ambulation and patient preference.

Some of the advantages of a transradial approach include instant ambulation, whereas, there is complete bed rest after femoral procedures. The cost of transradial procedure is lower as compared to femoral, needs less post-procedure nursing care, and it has reduced hospital stay and cost.

Radial access for cardiac catheterization and intervention is also preferred in developing nations such as India. The procedure has been rising gradually over the last few years with promising clinical outcomes. India has also shown a similar trend of increasing transradial intervention (TRI) practice and acceptance over the last decade. Thus, owing to the increasing inclination of patients for transradial access procedures for percutaneous coronary intervention (PCI) and other surgeries, the transradial access devices have several opportunities in the market to grow during the forecast period.

Strategic Insights
There have been limited developments made in the transradial access market during recent years. However, growth strategies such as approvals, collaborations, and partnerships have been witnessed in the market of transradial access. For instance, during June 2018, Terumo Corporation received CE marking for the Kanshas drug coated balloon (DCB) catheter used in the treatment of lower extremity peripheral arterial disease. Also, during February 2017, Medtronic plc. expanded its coronary portfolio which is including DxTerity Diagnostic Angiography Catheter line and several transradial-specific products including the DxTerity TRA, InTRAkit access kit and TRAcelet compression device.

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1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Global Transradial Access Market – By Product
1.3.2 Global Transradial Access Market – By Application
1.3.3 Global Transradial Access Market – By End User
1.3.4 Global Transradial Access Market – By Geography

2. GLOBAL TRANSRADIAL ACCESS MARKET – KEY TAKEAWAYS

3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH

4. GLOBAL TRANSRADIAL ACCESS MARKET – MARKET LANDSCAPE
4.1 OVERVIEW
4.2 PEST ANALYSIS
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South & Central America PEST Analysis

5. GLOBAL TRANSRADIAL ACCESS MARKET – KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Rising Inclination for Interventional Procedures Using Radial Artery Access
5.1.2 Increasing Prevalence of Obesity & Lifestyle Diseases
5.1.3 Growing Use of Radial Access Devices in Pediatric Patients
5.2 KEY MARKET RESTRAINTS
5.2.1 Product Recalls & Failures
5.2.2 High Costs of Vascular Access Devices
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Technological Developments
5.3.2 High Market Potential in Emerging Nations
5.4 CURRENT TREND
5.4.1 Use of Miniature Transradial Access Devices
5.5 IMPACT ANALYSIS

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Contact us –
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
Email Id : sam@theinsightpartners.com
Website: https://www.theinsightpartners.com

About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

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