Transradial Access Market Analysis Growth Challenges, Opportunities And Future Developments To 2025

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Transradial Access Market Analysis Growth Challenges, Opportunities And Future Developments To 2025

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The global transradial access market is US$ 1,574.97 Mn in 2018 and is predicted to grow at a CAGR of 7.7% during the forecast period 2019 – 2027, to reach US$ 2,961.79 Mn by 2027. Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several technological advancements in the field of healthcare by the incorporation of advanced transradial access in order to increase the efficiency of surgical procedures in the region. The growth is driven by factors such as the rising prevalence of cardiovascular disorders and other lifestyle related disorders along with the rising focus by market players in the European countries. Read More@ – PowerPoint PPT presentation

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Title: Transradial Access Market Analysis Growth Challenges, Opportunities And Future Developments To 2025


1
Transradial Access Market
Publication Month Jun 2019 Report Code
TIPHE100000955 No. of Pages 164 Category
Medical Device Status Published
Transradial Access Market to 2027 - Global
Analysis and Forecasts By Product (Catheters,
Guidewire, Sheath and Sheath Introducer and
Accessories) Application (Drug Administration,
Diagnostics and Testing, Fluid and Nutrition
Administration and Blood Transfusion) End User
(Hospitals and Clinics, Ambulatory Surgical
Centers and Others) and Geography
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2
Transradial Access Market
Publication Month Jun 2019 Report Code
TIPHE100000955 No. of Pages 164 Category
Medical Device Status Published
Introduction Europe is the second largest
geographic market and is expected to be the
second most significant revenue contributor
throughout the forecast period. The region has
witnessed several technological advancements in
the field of healthcare by the incorporation of
advanced transradial access in order to increase
the efficiency of surgical procedures in the
region. The growth is driven by factors such as
the rising prevalence of cardiovascular disorders
and other lifestyle related disorders along with
the rising focus by market players in the
European countries.
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3
Transradial Access Market
Publication Month Jun 2019 Report Code
TIPHE100000955 No. of Pages 164 Category
Medical Device Status Published
Earlier, the majority of coronary procedures were
performed with the femoral artery. However, after
the development of transradial approach, numerous
studies confirmed that this method is related
with an important minimization in vascular
difficulties, comparable procedure times and
radiation exposure to femoral procedures, the
ability to perform complex coronary
interventions, initial ambulation and patient
preference.    Radial access for cardiac
catheterization and intervention is also
preferred in developing nations such as India.
The procedure has been rising gradually over the
last few years with promising clinical outcomes.
India has also shown a similar trend of
increasing transradial intervention (TRI)
practice and acceptance over the last decade.
Thus, owing to the increasing inclination of
patients for transradial access procedures for
percutaneous coronary intervention (PCI) and
other surgeries, the transradial access devices
have several opportunities in the market to grow
during the forecast period.
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4
Transradial Access Market
Publication Month Jun 2019 Report Code
TIPHE100000955 No. of Pages 164 Category
Medical Device Status Published
Obesity, sedentary lifestyle and improper diet
play a major role in increasing diabetes among
the population worldwide. Physical activity is
important to maintain the blood glucose level.
The lack of exercise and unhealthy diet such as
diet high in fat and calories increase the risk
for the development of obesity and
diabetes.   Obesity is one of the major problems
and the biggest concern in all the communities
across the globe. Currently, more than one in two
adults and nearly one in six children are obese.
Obesity is one of the major issues that affect
people of all ages and incomes globally.
According to World Health Organization (WHO), in
2016, more than 1.9 billion adults aged 18 years
and older were overweight. And out of these over
650 million adults were obese. The cardiovascular
diseases (CVDs) are the disorders of the heart
and blood vessels and include cerebrovascular
disease, coronary heart disease, rheumatic heart
disease and other conditions. As per WHO data
published in 2017, states that, in 2016,
approximately 17.9 million people died from CVDs,
which was 31.0 of all the global deaths. Thus,
owing to increasing prevalence of lifestyle
related diseases the market for transradial
access is likely to propel at a significant rate
during the forecast period.
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5
Transradial Access Market
Publication Month Jun 2019 Report Code
TIPHE100000955 No. of Pages 164 Category
Medical Device Status Published
  • The List of Companies
  • BD
  • Terumo Corporation
  • Teleflex Incorporated
  • Medtronic
  • Smiths Medical
  • Ameco Medical
  • Edward Lifesciences Corporation
  • Merit Medical Systems
  • Boston Scientific Corporation
  • Nipro Medical Corporation

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