Radial Compression Devices Market, By Product Type, By Usage, By Application, By End User, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Radial compression devices are used to prevent bleeding at the radial artery access site after cardiovascular interventions. Tourniquets, mechanical compression devices, and air-inflatable bladder compression devices are among the types of radial compression devices available. By reducing the risk of complications like radial artery occlusion, these devices ensure that the radial artery can be used for future procedures and as a conduit for coronary artery bypass grafts. Radial compression devices are utilized to safely close radial access following percutaneous cardiovascular interventions. These devices offer a hands-free and dependable compression method while simultaneously providing support to the patient's hand to promote greater comfort. The primary objective of using these devices is to attain and uphold hemostasis after removing radial arterial sheaths that is crucial in preventing any complications that can arise from accessing the site. Increasing occurrence of cardiovascular diseases, combined with simplified post-procedural methods, is expected to drive the global radial compression device market growth in the near future.

Market Dynamics

In order to enhance their offerings and provide a wide range of radial compression devices, key market players are adopting growth strategies such as acquisition. This strategy includes adding advanced devices, disposable and reusable devices to their product portfolio. These strategies are intended to guarantee that consumers receive a wide range of radial compression devices. Such strategies have been attributed to the growth of the global radial compression device market. For instance, in December 2021, according to report published by American College of Cardiology/American Heart Association (AHA) Joint Committee on Clinical Practice Guidelines, The American Heart Association, in conjunction with the National Institutes of Health, annually reports a reduced risk of CVD mortality (25%-40% risk reduction), all-cause mortality (22%-35%), breast cancer (12%-17%), prostate cancer (9%-10%), and depression (17%-31%) while experiencing better quality of life, healthier aging trajectories, and improved cognitive functioning.

Key features of the study:

This report provides an in-depth analysis of the global radial compression devices market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global radial compression devices market based on the following parameters-Company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Terumo Corporation, Abbott Laboratories, Vascular Solutions Inc., Semler Technologies, Inc., Comed B.V., Merit Medical Systems Inc., Beijing Demax Medical Technology Co., Ltd., Cardinal Health, and Medtronic, Plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The study on the global radial compression devices market serves a range of industry participants, including financiers, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global radial compression devices market.

Detailed Segmentation:

Global Radial Compression Devices Market, By Product Type:
- Band/Strap Based
- Knob Based
- Plate Based
Global Radial Compression Devices Market, By Usage:
- Disposable Device
- Reusable device
Global Radial Compression Devices Market, By Application :
- Surgical Intervention
- Diagnostic
Global Radial Compression Devices Market, By End User:
- Hospitals
- Independent Catheterization
- Ambulatory Surgical Centers
- Specialized Clinics
Global Radial Compression Devices Market, By Region:
- North America
  - By Country:
- U.S.
- Canada
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
  - By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
  - By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
  - By Country/Region:
- South Africa
- Central Africa
- North Africa
Company Profiles
- Terumo Corporation*
  - Company Highlights
  - Products Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Abbott Laboratories
- Vascular Solutions, Inc.
- Semler Technologies, Inc.
- Comed B.V.
- Merit Medical Systems, Inc.
- Beijing Demax Medical Technology Co., Ltd.
- Cardinal Health
- Medtronic, Plc.

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI3542

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Usage
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis

4. Global Radial Compression Devices Market- Impact of Coronavirus (Covid-19) Pandemic

Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand

5. Global Radial Compression Devices Market, By Product Type, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Band/Strap Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Knob Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Plate Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)

6. Global Radial Compression Devices Market, By Usage, 2017 -2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Disposable Device
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Reusable Device
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)

7. Global Radial Compression Devices Market, By Application, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Surgical Intervention
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Diagnostics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)

8. Global Radial Compression Devices Market, By End User, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Independent Catheterization Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Specialized Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)

9. Global Radial Compression Devices Market, By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017-2030
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Mn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage , 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Mn)
GCC
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Usage, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2017 - 2030, (US$ Mn)
North Africa
Central Africa
South Africa

10. Competitive Landscape

Terumo Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Abbott Laboratories
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Vascular Solutions, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Semler Technologies, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Comed B.V.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Merit Medical Systems, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Beijing Demax medical technology Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Cardinal Health
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Medtronic Plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies

11. Section

Research Methodology
About Us

Radial Compression Devices Market, By Product Type, By Usage, By Application, By End User, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030