The [FURL=https://www.industryarc.com/Research/Transradial-Access-Market-Research-501250]Transradial Access Market[/FURL] size is forecast to reach $2.56 billion by 2025, growing at a CAGR of 7.21% during the forecast period 2020-2025. Transradial access devices are widely utilized in coronary procedures to lower complications. Peripheral lesions also can be treated by transradial access devices. Transradial access devices are used for peripheral artery diseases such as atherosclerosis diseases of extracranial carotid and vertebral, abdominal mesenteric, and renal as well as extremity arteries. Increasing prevalence of obesity and growing preference for interventional procedures using radial artery access is the major factor driving the growth of the market. Technological advancements and the increasing number of chemotherapy procedures are set to further enhance the overall market demand for the Transradial Access Market during the forecast period 2020-2025.Key Takeaways
North America dominated the Transradial Access Market in 2019 owing to the growing prevalence of cardiovascular diseases and rising number of conferences and workshops including a large number of cancer patients. The Transradial Access Market scope for different regions will be provided in the final report.
Increasing inclination of patients for transradial access procedures for percutaneous coronary intervention and increasing application of transradial access devices for drug administration is likely to aid in the market growth of the Transradial Access Market.
Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Transradial Access Market report.
Stringent regulatory scenarios, low reimbursements, and high cost of procedures is poised to create hurdles for the Transradial Access Market.
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Transradial Access Market Segment Analysis - By Geography
North America dominated the Transradial Access Market in 2019 with a share of more than 37.27%, followed by Europe owing to the growing prevalence of cardiovascular diseases, and rising number of conferences and workshops. A large number of cancer patients and an increase in research and clinical trials for vascular access devices is increasing the growth of the Transradial Access Market in this region.
Transradial Access Market Drivers
Increasing prevalence of obesity
Rising inclination for interventional procedures using radial artery access
Transradial Access Market, the top 10 companies are Becton, Dickinson and Company and Terumo Corporation, Teleflex Incorporated, Smiths Group Plc, Edward Lifesciences Corporation, Medtronic, Merit Medical System, Inc., Boston Scientific, NIPRO Medical Corporation, AngioDynamics, Ameco Medical Industries, and OSCOR Inc.among others.
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