Stratview Research has published a new report titled “Transradial Access Market” which is segmented By Product (Catheters, Guidewires, Sheaths & Sheath Introducers, Accessories), Application (Drug Administration, Fluid & Nutrition Administration, Blood Transfusion, Diagnostics & Testing), End User (Hospitals, Clinics and Ambulatory Care Centers, Other), and Region.
As per the study, the Transradial Access Market is projected to grow from USD 1.9 billion in 2020 to USD 2.9 billion by 2026 at a CAGR of around 7.2% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By end-user, the transradial access market has been bifurcated into hospitals, clinics, and ambulatory care centers, and others. The hospitals' segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to the increasing prevalence of cardiovascular diseases coupled with expanding geriatric populace. Additionally, increasing investment in technological advancements is likely to add to the market growth substantially during the review period. The market growth in Asia-Pacific is expected to be driven by increasing spending on healthcare coupled with rising cases of heart diseases.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Transradial Access Market:
· Becton, Dickinson and Company (US)
· Terumo Corporation (Japan)
· Teleflex Incorporated (US)
· Smiths Medical, Inc. (US)
· Medtronic plc (Ireland)
· Edward Lifesciences (US)
· Merit Medical Systems, Inc. (US)
· Boston Scientific Corporation (US)
· Nipro Corporation (Japan)
· AngioDynamics (US)
· Oscor (US)
Key questions answered by the report
- What is the projected CAGR for revenue from the Transradial Access Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Transradial Access Market?
- Which are the major market players?
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