Radial Artery Compression Devices Market size was valued at USD 370.29 Million in 2020 and is projected to reach USD 718.36 Million by 2027, growing at a CAGR of 7% from 2021 to 2027.
The radial artery is located in the human forearm. Close to the surface of the underside of the forearm. When the palm moves upward, the radial artery also moves upward. A radial artery compression device is used to assist in hemostasis of the radial artery after a transradial procedure. Cardiac catheterization through the radius is a method used in the treatment and diagnosis of cardiovascular disease.
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The key manufacturers in this market include
- Terumo Corporation
- Merit Medical, Inc.
- Abbott Laboratories
- Vascular Solution Inc.
- Advanced Vascular Dynamics
- Comed B.V.
- Beijing Demax Medical Technology
By the product type, the market is primarily split into
- Disposable Devices
- Reusable Devices
By the end users/application, this report covers the following segments
- Hospitals
- Independent Catheterisation Laboratories
- Ambulatory Surgical Centres
- Specialised Clinics
Scope of the Report
The research study analyzes the global Radial Artery Compression Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Radial Artery Compression Devices Market Report
1. What was the Radial Artery Compression Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Radial Artery Compression Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Radial Artery Compression Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Radial Artery Compression Devices market.
- The market share of the global Radial Artery Compression Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Radial Artery Compression Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Radial Artery Compression Devices market.
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