Radial Artery Compression Devices Market
Radial Artery Compression Devices - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Radial Artery Compression Devices market is accounted for $383.51 million in 2019 and is expected to reach $786.90 million by 2027 growing at a CAGR of 9.4% during the forecast period. Some of the key factors propelling the market growth are rising growth in technological development in the field of medical devices, increasing economic growth and growing cardiovascular disorders. However, device complexity and cost are the restraining factor for the growth of the market.
Radial Artery compression devices are planned for encouraging hemostasis after catheterization of arteries. Radial Artery compression devices comprises of compression balloons, unilateral valve, adjustable belt and tubing. Radial artery compression devices are used for the radial artery in the hand after the transradial procedure. Artery compression method is a most efficient method for hematomas prevention. For most of the percutaneous coronary interventions and cardiac angiography, radial access is the preferred choice because of reduced complication than femoral access.
By type, reusable devices segment is going to have a huge demand due to providing superior comfort and convenience for the patient, minor rates of vascular complications and major bleeding, with potential impact on morbidity and mortality. Thus, the adoption of strategies that decrease the danger of arterial occlusion after invasive process. On the basis of geography, Asia Pacific is estimated to have a lucrative growth in the forecast period. The growth is mainly attributed by increasing geriatric population, the presence of a huge patient pool and rapidly improving the technology.
Some of the key players in Radial Artery Compression Devices Market include Abbott Laboratories, ADVANCED LIFESCIENCES PVT. LTD, Advanced Vascular Dynamics, Beijing Demax Medical Technology, Comed B.V, HTKD Medical, MEDAS INC, Medtronic, Merit Medical, Inc, Perouse Medical, Terumo Corporation and Vascular Solution, Inc .
Types Covered:
• Reusable Devices
• Disposable Devices
Products Covered:
• Plate-Based Devices
• Band/Strap Based Devices
• Knob-Based Devices
Sizes Covered:
• Large
• Standard
Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
• Aftermarket
Mechanisms Covered:
• Mechanical
• Pneumatic
End Users Covered:
• Ambulatory Surgical Centres
• Cath lab
• Hospitals
• Specialised Clinics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Radial Artery Compression Devices Market, By Type
5.1 Introduction
5.2 Reusable Devices
5.3 Disposable Devices
6 Global Radial Artery Compression Devices Market, By Product
6.1 Introduction
6.2 Plate-Based Devices
6.3 Band/Strap Based Devices
6.4 Knob-Based Devices
7 Global Radial Artery Compression Devices Market, By Size
7.1 Introduction
7.2 Large
7.3 Standard
8 Global Radial Artery Compression Devices Market, By Sales Channel
8.1 Introduction
8.2 Manufacturer/Distributor/Service Provider
8.3 Aftermarket
9 Global Radial Artery Compression Devices Market, By Mechanism
9.1 Introduction
9.2 Mechanical
9.3 Pneumatic
10 Global Radial Artery Compression Devices Market, By End User
10.1 Introduction
10.2 Ambulatory Surgical Centres
10.3 Cath lab
10.4 Hospitals
10.5 Specialised Clinics
11 Global Radial Artery Compression Devices Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Abbott Laboratories
13.2 ADVANCED LIFESCIENCES PVT. LTD
13.3 Advanced Vascular Dynamics
13.4 Beijing Demax Medical Technology
13.5 Comed B.V
13.6 HTKD Medical
13.7 MEDAS INC
13.8 Medtronic
13.9 Merit Medical, Inc
13.10 Perouse Medical
13.11 Terumo Corporation
13.12 Vascular Solution, Inc
List of Tables
1 Global Radial Artery Compression Devices Market Outlook, By Region (2018-2027) ($MN)
2 Global Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
3 Global Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
4 Global Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
5 Global Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
6 Global Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
7 Global Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
8 Global Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
9 Global Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
10 Global Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
11 Global Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
12 Global Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
13 Global Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
14 Global Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
15 Global Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
16 Global Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
17 Global Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
18 Global Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
19 Global Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
20 Global Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
21 Global Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
22 Global Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
23 North America Radial Artery Compression Devices Market Outlook, By Country (2018-2027) ($MN)
24 North America Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
25 North America Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
26 North America Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
27 North America Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
28 North America Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
29 North America Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
30 North America Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
31 North America Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
32 North America Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
33 North America Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
34 North America Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
35 North America Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
36 North America Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
37 North America Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
38 North America Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
39 North America Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
40 North America Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
41 North America Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
42 North America Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
43 North America Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
44 North America Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
45 Europe Radial Artery Compression Devices Market Outlook, By Country (2018-2027) ($MN)
46 Europe Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
47 Europe Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
48 Europe Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
49 Europe Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
50 Europe Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
51 Europe Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
52 Europe Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
53 Europe Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
54 Europe Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
55 Europe Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
56 Europe Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
57 Europe Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
58 Europe Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
59 Europe Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
60 Europe Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
61 Europe Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
62 Europe Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
63 Europe Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
64 Europe Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
65 Europe Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
66 Europe Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
67 Asia Pacific Radial Artery Compression Devices Market Outlook, By Country (2018-2027) ($MN)
68 Asia Pacific Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
69 Asia Pacific Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
70 Asia Pacific Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
71 Asia Pacific Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
72 Asia Pacific Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
73 Asia Pacific Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
74 Asia Pacific Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
75 Asia Pacific Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
76 Asia Pacific Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
77 Asia Pacific Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
78 Asia Pacific Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
79 Asia Pacific Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
80 Asia Pacific Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
81 Asia Pacific Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
82 Asia Pacific Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
83 Asia Pacific Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
84 Asia Pacific Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
85 Asia Pacific Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
86 Asia Pacific Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
87 Asia Pacific Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
88 Asia Pacific Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
89 South America Radial Artery Compression Devices Market Outlook, By Country (2018-2027) ($MN)
90 South America Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
91 South America Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
92 South America Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
93 South America Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
94 South America Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
95 South America Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
96 South America Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
97 South America Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
98 South America Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
99 South America Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
100 South America Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
101 South America Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
102 South America Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
103 South America Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
104 South America Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
105 South America Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
106 South America Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
107 South America Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
108 South America Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
109 South America Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
110 South America Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
111 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Country (2018-2027) ($MN)
112 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Type (2018-2027) ($MN)
113 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Reusable Devices (2018-2027) ($MN)
114 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Disposable Devices (2018-2027) ($MN)
115 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Product (2018-2027) ($MN)
116 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Plate-Based Devices (2018-2027) ($MN)
117 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Band/Strap Based Devices (2018-2027) ($MN)
118 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Knob-Based Devices (2018-2027) ($MN)
119 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Size (2018-2027) ($MN)
120 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Large (2018-2027) ($MN)
121 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Standard (2018-2027) ($MN)
122 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Sales Channel (2018-2027) ($MN)
123 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
124 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Aftermarket (2018-2027) ($MN)
125 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Mechanism (2018-2027) ($MN)
126 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Mechanical (2018-2027) ($MN)
127 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Pneumatic (2018-2027) ($MN)
128 Middle East & Africa Radial Artery Compression Devices Market Outlook, By End User (2018-2027) ($MN)
129 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Ambulatory Surgical Centres (2018-2027) ($MN)
130 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Cath lab (2018-2027) ($MN)
131 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Hospitals (2018-2027) ($MN)
132 Middle East & Africa Radial Artery Compression Devices Market Outlook, By Specialised Clinics (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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