Transradial Access Market Projected to Deliver Greater Revenues during the Forecast Period

SDKI Inc. published a new report on the trans-radial access market. This study includes the statistical and analytical approaches needed to grow the trans-radial access market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-109501

The transradial access market is estimated to grow from a market value of US $ 2.18 billion in 2022 to US $ 3.62 billion by 2030, with a CAGR of 7.5% during the forecast period.

Trans-radial access procedures have a variety of uses. It is used to diagnose coronary artery disease, including diagnostic angiography, angioplasty, and percutaneous stenting. When a person suffers from chest pain, this procedure can determine the obstruction of the heart arteries. It also helps healthcare providers make treatment plans. Increasing prevalence of obesity and increasing choice of intervention procedures using radial artery access are factors driving the growth of this market. Increasing use of radial access devices in the treatment of pediatric patients and the prevalence of lifestyle-related diseases are also contributing to market growth. However, strict regulatory scenarios, low redemptions, and high costs of procedures can curb the growth of the global trans-radial access device market.

Market segment

The trans-radial access market is by product (catheter, guidewire, sheath and sheath introducer), application (drug administration, fluid and nutrition, blood transfusion, and diagnostics / testing), end user (hospital, clinic). , And outpatient centers) and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

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

Based on the product, the trans-radial access market is divided into catheters, guide wires, sheaths and sheath introducers, and accessories (needle and cannula). The catheter segment occupies the largest share of the market in 2017, and this segment is also expected to grow at the highest rate during the forecast period. Increasing rates of lifestyle-related diseases such as CVD, obesity, and diabetes, and an increasing number of interventions and angiography worldwide are factors driving the growth of this segment.

The drug-administered segment is projected to have the highest growth rate during the forecast period.

Based on the application, the trans-radial access market is divided into drug administration, fluid and nutritional administration, blood transfusions, and diagnostics / tests. The drug administration segment has the largest share of the trans-radial access device market. A large share of this segment may be due primarily to the high utilization of vascular access devices for drug administration for the treatment of cancer and infectious diseases.

Regional Overview

North American region is expected to register the largest CAGR during the forecast period. Factors such as increased prevalence of CVD, increased numbers of cancer patients, and increased research and clinical trials of vascular access devices are key drivers of market growth in the region. In addition, technological advances in disease treatment options may contribute to market growth. APAC, on the other hand, is also expected to grow at a significant CAGR due to the vast population suffering from cardiovascular disease.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, and other Asia Pacific); Latin America (Brazil, Mexico, Argentina, and other Latin). USA); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy, Spain) , Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Key Players in the Market

key players in the transradial access market are Becton, Dickinson and Company (USA), Terumo Corporation (Japan), Teleflex Incorporated (USA), Smiths Group Plc (UK), Edward Lifesciences Corporation (UK). These include (USA), Medtronic (Ireland), Merit Medical System, Inc. (USA), Boston Scientific (USA), and NIPRO Medical Corporation (USA). The study includes a detailed competitive analysis of these key companies in the trans-radial access market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/transradial-access-market/109501

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This release was published on openPR.