Cardiovascular catheterization is a procedure used to detect blockages and clear them. The traditional method of catheterization is the femoral artery access. Radial access catheterization is another method of cardiovascular catheterization in which the catheter is introduced through the radial artery. Radial Access Catheter is gaining popularity among the interventional cardiologists. This is due to reduced bleeding risk and access site complications. However factors such as lack of training, and high cost of the procedure and equipment restrict the growth of the radial access catheter market.
Although radial access catheterization is a technically challenging procedure for cardiologists, the patient is more comfortable during the procedure and the risk of bleeding is significantly reduced. This is due to a number of factors including, the small size of radial artery, faster response and wound closure or recovery, thereby decreasing the recovery time significantly. However, due to the small size and more number of twists the procedure may take a longer duration than the traditional method, resulting in increased radiation exposure. Such factors are slowing down the adoption of radial access catheters globally.
Technology advancements, increase in R&D funding and rise in mergers and acquisitions are some opportunities for growth in the radial access catheter market. With increase in R&D for new products that overcome the current drawbacks such as increased radiation exposure and simplifying the procedure could enhance the adoption rate for radial access catheters significantly.
After reading the Radial Access Catheter market report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the growth of the global Radial Access Catheter market.
- Analyze key regions holding significant share of the total Radial Access Catheter market revenue.
- Study the growth outlook of the global Radial Access Catheter market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use on the Radial Access Catheter market growth.
- Investigate the recent R&D projects performed by each Radial Access Catheter market player.
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Radial Access Catheter Market: Segmentation
The global Radial Access Catheter market is segmented by product type, application, end user and region:
Based on the product type, the global Radial Access Catheter market is segmented into:
- Sheaths and Sheath Introducers
Based on the application, the global Radial Access Catheter market is segmented into:
- Drug Administration
- Blood Transfusion
- Diagnosis and Testing
Based on the end user, the global Radial Access Catheter market is segmented into:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Cath Labs
- Academic & Research Institutes
Radial Access Catheter Market: Overview
Radial Access Catheter market is segmented into product type, applications, end user and regions. Radial Access Catheter can be broadly classified into catheters, guidewires, sheath and sheath introducers and accessories based on product type. The catheters segment is expected to take a substantial share of the radial access catheters market primarily due to the high cost of the product. These radial access catheters are used for a number of applications that include drug administration, blood transfusion, diagnosis, testing and other similar applications.
Radial Access Catheter Market: Regional Outlook
North America and Europe radial access catheter market is expected to occupy the maximum share of the global radial access catheter market. However, increasing adoption of interventional procedures, increase in cardiac diseases and increasing awareness is expected to drive the growth of the radial access catheter market in the Asia Pacific region such that the CAGR of the region is expected to be maximum when compared to the other regions during the forecast period.
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Radial Access Catheter Market: Key Players
Some of the Key players in the Radial Access Catheter market include, Ameco Medical, Angiodynamics, Inc., Boston Scientific Corporation, Medtronic plc, Becton, Dickinson and Company, Edward Lifesciences Corporation, Smiths Medical, Teleflex Incorporated, Nipro Medical Corporation, and Terumo Corporation, among others.
The report covers exhaustive analysis on:
- Radial Access Catheter Market Segments
- Radial Access Catheter Market Dynamics
- Market Size
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia-Pacific Excluding China and Japan (India, ASEAN, Australia & New Zealand)
- The Middle East and Africa (GCC, S. Africa, N. Africa)
The Radial Access Catheter market report answers important questions which include:
- What does the status of the Radial Access Catheter market look like after the forecast period?
- Which region has the highest contribution to the global Radial Access Catheter market and why?
- Which players remain at the top of the global Radial Access Catheter market?
- What opportunities are available for the Radial Access Catheter market players to expand their production footprint?
- Which segment has the maximum impact on the global Radial Access Catheter market?
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