Transradial Access Devices Market is expected to reach USD 3.4 billion by 2030

Transradial Access Devices Market Size
Global Transradial Access Device Market reached USD 2.0 billion in 2022 and is expected to reach USD 3.4 billion by 2030 growing with a CAGR of 7.4% during the forecast period 2023-2030.

Transradial access (TRA) stands out as the preferred approach for coronary angiography and percutaneous coronary intervention (PCI) due to its notable advantages over transfemoral access (TFA). These advantages include a diminished risk of bleeding and vascular complications, heightened patient satisfaction, and a reduction in mortality rates, particularly in patients presenting with ST-segment-elevation myocardial infarction. The increasing incidence of acute coronary syndrome is a key driver behind the expanding market size for transradial access devices.

Notably, the transradial access device market is experiencing significant growth, propelled by the surge in technological advancements, particularly in countries like the U.S. and Canada. This heightened demand is particularly evident in North American regions, where major competitors such as Ameco Medical, BD, Angiodynamics, Inc., and others are actively participating and contributing to the market's evolution.

Download a Free PDF Sample - https://www.datamintelligence.com/download-sample/transradial-access-devices-market

Market Dynamics

The global market for transradial access devices is experiencing growth propelled by a heightened awareness among people worldwide. The escalating prevalence of heart diseases and the associated increase in mortality rates have led to a greater awareness of the importance of cardiovascular health. This heightened awareness has translated into an increased adoption of transradial access devices, with a notable rise in the diagnosis of heart conditions through these devices.

For example, statistics from the Centers for Disease Control and Prevention (CDC) reveal that coronary heart disease, the most prevalent type of heart disease, resulted in the death of 375,476 individuals in 2021. The impact is widespread, with approximately 1 in 20 adults aged 20 and older affected by coronary heart disease, constituting around 5% of the population. Furthermore, in 2021, about 2 in 10 deaths from coronary artery disease occurred in adults under the age of 65. This data underscores the pressing need for diagnostic and interventional tools such as transradial access devices, contributing to their increased utilization in the healthcare landscape.

For more detailed information - https://www.datamintelligence.com/research-report/transradial-access-devices-market

Market Segmentation

By Product Type
Catheters
Guidewires
Sheaths
Others

By Application
Drug Administration
Blood Transfusion
Diagnostics
Others

By End User
Hospitals
Specialty clinics
Ambulatory surgical centers

Market Key Players
Major players are AmecoMedical; BD; Angiodynamics, Inc.; BostonScientific Corporation; Edward Lifesciences Corporation; Teleflex Incorporated; Merit Medical Systems; Medtronic; Nipro Medical Corporation; Oscor Inc.

Trending Reports

Intra-Aortic Counterpulsation Device Market - https://www.datamintelligence.com/research-report/intra-aortic-counterpulsation-device-market

Advanced Cardiac Monitoring Devices Market - https://www.datamintelligence.com/research-report/advanced-cardiac-monitoring-devices-market

Cardiovascular Ultrasound System Market - https://www.datamintelligence.com/research-report/cardiovascular-ultrasound-system-market

Contact Us:
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.