Transradial Access Market by Product (Catheters, Guidewires, Sheath and Sheath Introducers), Application (Administration of Medicine and Administration of fluids), End User (Hospitals, Clinics & Ambulatory Centres) - Global Forecast 2022

"The transradial access devices market is estimated to grow at a CAGR of 7.5% during the forecast period"

The global transradial access devices market is expected to grow at a CAGR of 7.5% to reach to USD 2.18 billion by 2022from an estimated USD 1.52 billion in 2017. The driving factors of this market are rising prevalence of obesity, increasing preference for interventional procedures using radial artery access, growing utilization of radial access devices in treating pediatric patients, and prevalence of lifestyle diseases.

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The major players in the market include Becton, Dickinson and Company (US) and Terumo Corporation (Japan) dominated the transradial access devices market in 2017.

"The catheter segment is expected to grow at the highest rate during the forecast period."

By product, the transradial access devices market is segmented into catheters, guide wires, sheaths and sheath introducers, and accessories (needles and cannulas). Catheters accounted for the largest share of the transradial access devices market in 2017 and this segment is also expected to grow at the highest rate during the forecast period. Factors driving the growth of this segment are the increasing incidence of lifestyle-related diseases such as CVD, obesity, and diabetes and the rising number of interventional and angiography procedures worldwide.

"By applications, the drug administration segment is projected to be the highest growth rate in the next five years."

Transradial access devices market is segmented into drug administration, fluid and nutrition administration, blood transfusion, and diagnostics & testing. Of all these application segments, the drug administration segment commanded the largest share of the transradial access devices market in 2017.

The large share of this segment can be attributed to the high usage of vascular access devices for drug administration, predominantly for the treatment of cancer and infections.

"The hospitals segment is expected to grow at the highest CAGR during the study period."

On the basis of end users the transradial access devices market is categorized into hospitals, clinics and ambulatory care centers, and other end users (nursing homes, laboratories, diagnostic & imaging centers, and home healthcare agencies). The hospitals segment is expected to grow at the highest CAGR during the forecast period.

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"North America is projected to grow at the highest CAGR during the forecast period."

Transradial access devices market is divided into four major regions - North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to register the highest CAGR during the forecast period. The key driving factors for the growth of this regional segment are the growing prevalence of CVDs, increasing number of cancer patients and, increase in research and clinical trials for vascular access devices.

List of Tables

Table 1 Transradial Access Device Market, By Product, 2015-2022 (USD Million)
Table 2 Transradial Access Device Market, By Country, 2015-2022 (USD Million)
Table 3 Transradial Access Device Market for Catheters, By Country, 2015-2022 (USD Million)
Table 4 Transradial Access Device Market for Guidewires, By Country, 2015-2022 (USD Million)
Table 5 Transradial Access Device Market for Sheaths and Sheath Introducers, By Country, 2015-2022 (USD Million)
Table 6 Transradial Access Device Market for Accessories, By Country, 2015-2022 (USD Million)
Table 7 Transradial Access Device Market, By Application, 2015-2022 (USD Million)
Table 8 Transradial Access Device Market, By Country, 2015-2022 (USD Million)
Table 9 Transradial Access Device Market for Drug Administration, By Country, 2015-2022 (USD Million)
Table 10 Transradial Access Device Market for Fluid and Nutrition Administration, By Country, 2015-2022 (USD Million)
Table 11 Transradial Access Device Market for Blood Transfusion, By Country, 2015-2022 (USD Million)
Table 12 Transradial Access Device Market for Diagnostics and Testing, By Country, 2015-2022 (USD Million)
Table 13 Transradial Access Device Market, By End User, 2015-2022 (USD Million)

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List of Figures

Figure 1 Transradial Access Devices Market Segmentation
Figure 2 Transradial Access Devices Market: Research Methodology Steps
Figure 3 Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Transradial Access Devices Market Analysis, By Product (2017-2022)
Figure 9 Transradial Access Devices Market, By Application, 2017 vs 2022
Figure 10 Transradial Access Devices Market, By End User, 2017 vs 2022
Figure 11 North America to Witness Highest Growth During the Forecast Period
Figure 12 Increasing Number of Interventional Procedures and Growing Prevalence of Lifestyle Diseases--The Key Growth Drivers of the Transradial Access Devices Market
Figure 13 Catheters to Account for the Largest Market Share in 2017
Figure 14 Drug Administration to Dominate the Transradial Access Devices Market, By Application

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