DUBLIN, Oct. 4, 2019 /PRNewswire/ -- The "Transradial Access Market to 2027 - Global Analysis and Forecasts by Product; Application; End User and Geography" report has been added to ResearchAndMarkets.com's offering.
The global transradial access market is expected to reach US$ 2,961.79 Mn in 2027 from US$ 1,574.97 Mn in 2018. The market is estimated to grow with a CAGR of 7.7% from 2019-2027.
The market for transradial access is expected to grow, owing to factors such as rising inclination for interventional procedures using radial artery access, increasing prevalence of obesity & lifestyle diseases and growing use of radial access devices in pediatric patients. However, the factors such as product recalls & failures and high costs of vascular access devices are likely to adversely impact the growth of the market in the forecast period.
Transradial catheterization is an endovascular procedure or catheterization procedure done for the diagnosis and treatment of arterial disease. Transradial artery access for percutaneous coronary intervention is related to lower bleeding and vascular complications than transfemoral artery access, particularly in patients with acute coronary syndromes.
While the performance and functionality of the access devices are key factors for health, they are of critical importance for access devices classified as medical devices. These products risk a recall by the U.S. Food and Drug Administration (FDA) and/or Health Canada if they provide inaccurate analyses.
Some transradial access devices currently on the market have produced noticeably incorrect data, leading consumers to question the utility. The number of product recalls are becoming a matter of concern for the manufacturers. Hence, the product recalls & failures are expected to hinder the growth of the market in the future years.
Key Topics Covered:
1. Introduction
2. Global Transradial Access Market - Key Takeaways
3. Research Methodology
4. Global Transradial Access Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
5. Global Transradial Access Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising Inclination For Interventional Procedures Using Radial Artery Access
5.1.2 Increasing Prevalence Of Obesity & Lifestyle Diseases
5.1.3 Growing Use Of Radial Access Devices In Pediatric Patients
5.2 Key Market Restraints
5.2.1 Product Recalls & Failures
5.2.2 High Costs Of Vascular Access Devices
5.3 Key Market Opportunities
5.3.1 Technological Developments
5.3.2 High Market Potential In Emerging Nations
5.4 Current Trend
5.4.1 Use Of Miniature Transradial Access Devices
5.5 Impact Analysis
6. Transradial Access Market - Global Analysis
6.1 Global Transradial Access Market Revenue Forecasts And Analysis
6.2 Global Transradial Access Market, By Geography - Forecasts And Analysis
6.3 Positioning Of Key Players
7. Global Transradial Access Market Analysis- By Product
7.1 Overview
7.2 Global Transradial Access Market By Product, 2018 & 2027 (%)
7.3 Catheter Market
7.4 Guidewire Market
7.5 Sheaths & Sheath Introducers Market
7.6 Accessories Market
8. Global Transradial Access Market Analysis- By Application
8.1 Overview
8.2 Global Transradial Access Market By Application, 2018 & 2027 (%)
8.3 Drug Administration Market
8.4 Fluid And Nutrition Administration Market
8.5 Blood Transfusion Market
8.6 Diagnosis & Testing Market
9. Global Transradial Access Market Analysis- By End User
9.1 Overview
9.2 Global Transradial Access Market, By End User 2018 & 2027 (%)
9.3 Hospitals & Clinics Market
9.4 Ambulatory Surgical Centers Market
9.5 Others Market
10. Transradial Access Market Revenue And Forecasts To 2027 - Geographical Analysis
11. Transradial Access Market- Industry Landscape
11.1 Overview
11.2 Comparative Company Analysis
11.3 Growth Strategies Done By The Companies In The Market, (%)
11.4 Organic Developments
11.5 Inorganic Developments
12. Transradial Access Market-Key Company Profiles
- BD
- Terumo Corporation
- Teleflex Incorporated
- Medtronic
- Smiths Medical
- Ameco Medical
- Edward Lifesciences Corporation
- Merit Medical Systems
- Boston Scientific Corporation
- Nipro Medical Corporation
For more information about this report visit https://www.researchandmarkets.com/r/pf24eg
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