Transradial Access Market Growth Forecast at 7.5% CAGR and Projected to Reach US$ 2.18 Billion by 2022

Prominent players in transradial access devices market are Becton, Dickinson and Company (US) and Terumo Corporation (Japan). The transradial access devices market is segmented on the basis of end users into hospitals, clinics and ambulatory care centers, and other end users (nursing homes, laboratories, diagnostic & imaging centers, and home healthcare agencies).

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The transradial access devices market is projected to reach USD 2.18 Billion by 2022 from USD 1.52 Billion in 2017, at a CAGR of 7.5%. The increasing prevalence of obesity, growing preference for interventional procedures using radial artery access, technological advancements, rising prevalence of lifestyle diseases, and increasing number of chemotherapy procedures globally are factors expected to drive the market.

Transradial access devices market is segmented into catheters, guidewires, sheaths and sheath introducers, and accessories (needles and cannulas). Catheters market is expected to grow with highest growth rate owing to factors such as the increasing incidence of lifestyle-related diseases such as CVD, obesity, and diabetes and the growing number of interventional and angiography procedures.

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Transradial access devices market is segmented into catheters, guide wires, sheaths and sheath introducers, and accessories (needles and cannulas). Catheters accounted for the largest share of the transradial access devices market in 2017 and this segment is also expected to grow at the highest rate during the forecast period.

Break of primary participants was as mentioned below:
• By Company Type – Tier 1:56%, Tier 2:35%, and Tier 3:9%
• By Designation – C-level:27%, Director Level:15%, Others:58%
• By Region – North America:37%, Europe:23%, AsiaPacific:25%, RoW:15%

The Transradial access devices report analyzes market & aims at estimating market size & future growth potential of this market based on various segments like product, application, end user, & region. Report also includes an in-depth regulatory analysis for various regions across globe & competitive landscape of key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

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The transradial access devices market is segmented on the basis of end users into hospitals, clinics and ambulatory care centers, and other end users (nursing homes, laboratories, diagnostic & imaging centers, and home healthcare agencies). The hospitals segment is expected to grow with highest growth rate owing to the large number of transradial procedures performed in hospital settings.

Premium Insights
1 Transradial Access Devices: Market Overview
2 Transradial Access Device Market, By Product (2017)
3 Transradial Access Device Market, By Application, 2017 vs 2022
4 Geographical Snapshot of the Transradial Access Devices Market

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