Radial artery compression devices market is driven by rise in prevalence of coronary heart disease, preference for radial access in PCI procedures

WILMINGTON, DELAWARE, UNITED STATES, October 25, 2023 /EINPresswire.com/ -- Radial artery compression devices are expected to grow at a significant growth rate. The major factors influencing the market include; increasing growth in technological advancement in the field of medical devices, rising economic growth, increasing cardiovascular disorders, increasing geriatric devices, and others.

Global Radial Artery Compression Devices Market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 108.6million in 2018 and is projected to grow at a CAGR of 8% over the forecast period.

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The research will assist stakeholders in understanding the market pulse and give information on the significant market drivers, constraints, challenges, and opportunities. The study provides an exact depiction of the geographical scope of the worldwide Radial Artery Compression Devices market. It also includes renderings of renowned product focal areas and the presentation of various items and services.

Lists out all the prominent companies operating in the Radial Artery Compression Devices Market . They are as follows:

• Medtronic plc
• Abbott Laboratories
• Terumo Corporation
• Teleflex Incorporated
• Merit Medical Systems, Inc.
• Forge Medical, Inc.
• Semler Technologies, Inc.
• dba Advanced Vascular Dynamics, Medplus, Inc.
• TZ Medical, Inc.

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Key Takeaways from the Global Radial Artery Compression Devices Market Report:

• Market Size Estimates: Radial Artery Compression Devices market size estimation in terms of value and sales volume from 2019-2027
• Market Trends and Dynamics: Radial Artery Compression Devices market drivers, opportunities, challenges, and risks
• Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Radial Artery Compression Devices market
• Country-level Studies on the Radial Artery Compression Devices Market: Revenue and sales volume of major countries in each region
• Trade Flow: Import and export volume of the Radial Artery Compression Devices market in major regions.
• Radial Artery Compression Devices Industry Value Chain: Radial Artery Compression Devices market raw materials & suppliers, manufacturing process, distributors, downstream customers

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Market Segmentation

Product
• Knob-based Devices
• Plate-based Devices

Mechanism
• Mechanical
• Pneumatic

Size
• Standard
• Large

End User
• Hospitals
• Independent Cath Labs
• Ambulatory Surgical Centers
• Others

Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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