Radial Artery Compression Technology Market Growth Overview
Radial artery compression devices are expected to grow at a significant growth rate. The major factors influencing the growth of the market include; increasing growth in technological advancement in the field of medical devices, rising economic growth, increasing cardiovascular disorders, increasing geriatric devices, and others.
The increasing aging population is likely to affect market growth positively. The aged population is more prone to chronic diseases such as arthritis, kidney diseases, cardiovascular diseases, and others, which is likely to boost the market growth.
Global Radial Artery Compression Technology Market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 350.65 million in 2018 and is projected to grow at a CAGR of 7.9% over the forecast period.
Radial Artery Compression Technology Market Key Players
Some of the major players operating in the global Radial Artery Compression Technology Market are,
- Terumo Corporation
- Medtronic
- Merit Medical Inc.
- Abbott Laboratories
- ADVANCED LIFESCIENCES PVT. LTD
- Perouse Medical
- HTKD Medical
- MEDAS INC
- Vascular Solution Inc.
- Beijing Demax Medical Technology
- Advanced Vascular Dynamics
- Comed B.V.
- and others.
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Radial Artery Compression Technology Market Segmentation
The global Radial Artery Compression Technology Market has been segmented into product, usage, and end user.
Based on product, the market is segmented into band/strap based devices, knob-based devices, plate-based devices, and others.
On the basis of usage, the market is segmented into disposable devices and reusable devices.
Based on end user, the Radial Artery Compression Technology Market is segmented into hospitals, clinics, ambulatory centers, cath lab, and others.
LIST OF TABLES
Able 1 Global Digital Radiology Devices Market Synopsis, 2019–2024
Table 2 Global Digital Radiology Devices Market Estimates And Forecast, 2019–2024 (USD Million)
Table 3 Global Digital Radiology Devices Market, By Region, 2019–2024 (USD Million)
Table 4 Global Digital Radiology Devices Market, By Product, 2019–2024 (USD Million)
Table 5 Global Digital Radiology Devices Market, By Usage, 2019–2024 (USD Million)
Table 6 Global Digital Radiology Devices Market, By End User, 2019–2024 (USD Million)
Table 7 North America: Global Digital Radiology Devices Market, By Product, 2019–2024 (USD Million)
…To be Continued.
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Radial Artery Compression Technology Market Regional Analysis
Geographically the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Geographically, the Americas is anticipated to dominate the global Radial Artery Compression Technology Market owing to the presence of the major manufacturers, high healthcare expenditure, huge patient population, increasing adoption of technologically advanced devices. Europe is expected to hold the second largest position in the global Radial Artery Compression Technology Market. Asia-Pacific is the fastest growing Radial Artery Compression Technology Market owing to the increasing need for better imaging devices, rapidly improving technology and the presence of a huge patient pool. The Middle East and Africa market for radial artery compression device is expected to grow at a steady.
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Global Radial Artery Compression Devices Market Research Report: Information by Product (Band/Strap Based Devices, Knob-Based Devices, Plate-Based Devices), Usage (Disposable Devices, Reusable Devices) and End User (Hospitals, Clinics, Ambulatory Centers, Cath Lab) - Forecast till 2027Market HighlightsGlobal radial artery compression devices market expected to grow significantly over the forecast period.
It is anticipated that the market held a market value of USD 350.65 million in 2018 and is projected to grow at a CAGR of 7.9% over the forecast period.
Radial artery compression devices are expected to grow at a significant growth rate.
The major factors influencing the growth of the market include; increasing growth in technological advancement in the field of medical devices, rising economic growth, increasing cardiovascular disorders, increasing geriatric devices, and others.The increasing aging population is likely to affect market growth positively.
According to the China National Committee on Aging, about 185 million people were above 60 years of age in 2014 (15.7% of the population), and this number is expected to touch 487 million by 2053 (36.5% of the population) with a rising geriatric population.
It is one of the major factors driving the market growth in the Asia-Pacific region and other developing nations.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8015SegmentationThe global radial artery compression devices market has been segmented into product, usage, and end user.Based on product, the market is segmented into band/strap based devices, knob-based devices, plate-based devices, and others.On the basis of usage, the market is segmented into disposable devices and reusable devices.Based on end user, the radial artery compression devices market is segmented into hospitals, clinics, ambulatory centers, cath lab, and others.Key PlayersSome of the major players operating in the global radial artery compression devices market are Terumo Corporation, Medtronic, Merit Medical, Inc., Abbott Laboratories, ADVANCED LIFESCIENCES PVT.
Market AnalysisThe global radial artery compression devices market was valued USD 350.65 million in 2018 and is likely to grow at a 7.9% CAGR between 2018- 2024, reveals the new Market Research Future (MRFR) report.
Radial artery compression devices help to promote hemostasis post catheterization of arteries.
It is mainly utilized for the radial artery in hands after the transradial process.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/8015Numerous factors are adding to the global radial artery compression devices market growth.
Additional factors propelling the radial artery compression devices market growth include increasing geriatric devices, rising cardiovascular disorders, increasing economic growth, and technological advances in medical devices.
Market SegmentationThe Market Research Future Report provides an inclusive segmental analysis of the global radial artery compression devices market based on end user, usage, and product.
Of these, the knob-based radial artery compression devices will lead the market over the forecast period.
Radial Artery Compression Devices Market Size report offers insights into the leading market players and presents an assessment of their current market position.
Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M activities, and the latest R initiatives is also available in the reportThe report presents a detailed analysis of Radial Artery Compression Devices Market Size by providing readers with a comprehensive overview of the market’s historical trajectory.
The leading drivers and restraints affecting the global prostate cancer market are assessed in detail in the report.
The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period.Major Key PlayersTo gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch.Terumo Corporation, Medtronic, Merit Medical, Inc., Abbott Laboratories, ADVANCED LIFESCIENCES PVT.
LTD, Perouse Medical, HTKD Medical, MEDAS INC, Vascular Solution Inc., Beijing Demax Medical Technology, Advanced Vascular Dynamics, Comed B.V., and others.Market Segment AnalysisGlobal Radial Artery Compression Devices Market, by ProductBand/Strap Based DevicesKnob-Based DevicesPlate-Based DevicesOthersGlobal Radial Artery Compression Devices Market, by UsageDisposable DevicesReusable DevicesGlobal Radial Artery Compression Devices Market, by End UserHospitalsClinicsAmbulatory CentersCath labOthersChapters for This Radial Artery Compression Devices Market Size Study: -Chapter 1: to describe Global Radial Artery Compression Devices Market Size Introduction, product scope, market overview, market opportunities, market risk, market driving force;Chapter 2: to analyze the top manufacturers of Global Radial Artery Compression Devices Market Size, with sales, revenue, and price of Global Radial Artery Compression Devices Market Size.Chapter 3: to display the competitive situation among the top manufacturers, with sales, revenue and market share in Forecasted Time.Chapter 4: to show the Global Radial Artery Compression Devices Market Size by regions, with sales, revenue and market share of Global Radial Artery Compression Devices Market Size, for each region, during the forecast period.Chapter 5, 6, 7, 8 and 9: to analyze the key regions, with sales, revenue and market share by key countries in these regions;Chapter 10: to show the market by type and application, with sales market share and growth rate by type, application, Methodology, Analyst Introduction, Data Source By MRFRBrowse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/radial-artery-compression-devices-market-8015Regional AnalysisGeographically, the global Radial Artery Compression Devices Market Size has been divided by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaAbout Market Research Future: MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:+1 646 845 9312 | Email: [email protected]
As the medical business grows, radial compression devices are becoming more prevalent.
In the last decade or two, the technology underlying this type of device has advanced significantly.
These gadgets, which were just a few years ago a concept, are now an important part of cardiovascular disease treatment.
One of the compression devices is a tourniquet, which compresses a hard surface against the radial artery.
The device's wristband can be used to mechanically control compression.
The local compression of the radial artery can thus be controlled by the user.Patients with a variety of cardiovascular problems have worn radial compression devices.
