1 / 11

Radial Compression Devices Market Projected to Reach US$ 330 Mn by 2026: FMI

Future Market Insights has announced the addition of the “Radial Compression Devices Market: Global Industry Analysis and Opportunity Assessment 2016- 2026" report to their offering.

pradnya_86
Download Presentation

Radial Compression Devices Market Projected to Reach US$ 330 Mn by 2026: FMI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Radial Compression Devices Market: Global Industry Analysis and Opportunity Assessment, 2016–2026 April 2017 Report Id : REP-GB-2401 Status : Apr -2017 Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. Radial Compression Devices Market Approval to Radially-Accessible Medical Procedures Driving the Sales of Radial Compression Devices Some of the most intrinsic medical procedures in the world, such as percutaneous coronary intervention (PCI), will continue to be performed through non-surgical approach. With a view to avoid operational implications, medical practitioners from around the world are now opting for radial access to procedures such as PCI. In matured healthcare markets such as the UK, more than 75% of PCI cases are administered through radial access. Demand for radial compression devices in such regions has also increased, particularly due to a paralleled rise in occurrence of radial artery occlusion. Severe complications as such are successfully triggering the demand for procedures that use radial compression devices. Future Market Insights recently published its report on the global market for radial compression devices, which estimates the market to be currently valued at US$ 140 Mn. According to the report titled “Radial Compression Devices Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” the global radial compression device market will expand at 8.3% and reach US$ 330 Mn by the end of 2026. Adoption of procedures that include the use of radial compression devices is on a rise these procedures help patients in saving their medical spending by assuring a shorter hospital stay. Another leg-up for sales of radial compression devices is their role in increasing life expectancy of patients. Radial compression devices as medical products will continue gaining traction through the forecast period. The demand for band or strap-based radial compression devices is anticipated to remain higher, procuring over 80% of global revenues through 2026. Correspondingly, sales of knob-based radial compression devices is also projected to grow rampantly, registering a 7.3% CAGR during the forecast period. ©2015 Future Market Insights, All Rights Reserved 4

  5. Radial Compression Devices Market Excerpts from the report have established that North America will remain as the largest market for radial compression devices in the years to come. With over 40% revenue share, North America dominates the global radial compression device market, and is also anticipated to register a value CAGR of 9.1%. Likewise, revenues from Western Europe are also expected to exhibit growth at 8.4% CAGR, bringing in more than US$ 70 Mn by 2026-end. Throughout the forecast period, the radial compression device market in Asia-Pacific excluding Japan (APEJ) is also projected to grow robustly, showcasing a value CAGR of above 8%. The usability of radial compression devices is also a crucial factor that promotes their sales. More than 90% of the global radial compression device revenues will be accounted by global sales of disposable radial compression devices. A key advantage of using such devices in medical procedures is the effectiveness of radial compression in minimising the risks of any post-procedural complications. By reducing bleeding to a greater extent, and by lowering incidence of complication penetration, radial compression devices will keep garnering approval from leading healthcare personnel, institutions, authorities, as well as patients. In 2017 and beyond, hospitals and independent catheterisation labs located across the globe will collectively be recognised as the largest end-users of radial compression devices. Key findings of the report also indicate the global radial compression devices market will be equally split into surgical intervention and diagnostic applications, with the latter one registering an uptick in its contribution to global market value. ©2015 Future Market Insights, All Rights Reserved 5

  6. Radial Compression Devices Market The report reveals that the demand for radial compression devices is also growing on the account of decreasing prices of coronary stents (used in cardiovascular treatments), and surging consolidation of the market through active participation of the world’s leading medical device manufacturers. Some of the key players in the global market for radial compression devices include Terumo Corporation, Merit Medical Inc., Comed BV, Beijing Demax Medical Technology Co. Ltd., Abbot Laboratories, Vascular Solution Inc., and Advanced Vascular Dynamics. Send An Enquiry: http://www.futuremarketinsights.com/askus/rep-gb-2401 Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 6

  7. Table of Content 1. Executive Summary 2. Market Introduction 2.1. Market Definition 2.2. Market Taxonomy 3. Global Radial Compression Device Market Analysis Scenario 3.1. Market Value and Volume Analysis 3.2. Pricing Analysis 3.2.1. Price Projections Per Region 4. Market Dynamics 4.1. Macro-economic Factors 4.2. Drivers 4.2.1. Supply Side 4.2.2. Demand Side ©2015 Future Market Insights, All Rights Reserved 7

  8. Table of Content 4.3. Restraints 4.4. Opportunity 4.5. Global Trends 5. Global Radial Compression Device Market Analysis and Forecasts, By Product 5.1. Introduction 5.2. Basis Point Share (BPS) Analysis By Product Type 5.3. Y-o-Y Growth Projections By Product Type 5.4. Market Value and Volume Forecast By Product, 2016–2026 5.4.1. Band/Strap Based Radial Compression Devices 5.4.2. Knob Based Radial Compression Devices 5.4.3. Plate Based Radial Compression Devices 5.5. Market Attractiveness By Product 6. Global Radial Compression Device Market Analysis and Forecasts, By Usage 6.1. Introduction 6.2. Basis Point Share (BPS) Analysis By Usage 6.3. Y-o-Y Growth Projections By Usage ©2015 Future Market Insights, All Rights Reserved 8

  9. Table of Content 7. Global Radial Compression Device Market Analysis and Forecasts, By Application 7.1. Introduction 7.2. Basis Point Share (BPS) Analysis By Application 7.3. Y-o-Y Growth Projections By Application 7.4. Market Value Forecast By Application, 2016–2026 7.4.1. Diagnostic 7.4.2. Surgical Intervention 7.5. Market Attractiveness By Application 8. Global Radial Compression Device Market Analysis and Forecasts, By End User 8.1. Introduction 8.2. Basis Point Share (BPS) Analysis By End User 8.3. Y-o-Y Growth Projections By End User 8.4. Market Value Forecast By End User, 2016–2026 8.4.1. Hospitals 8.4.2. Independent Catheterization Labs 8.4.3. Ambulatory Surgery Centers ©2015 Future Market Insights, All Rights Reserved 9

  10. Table of Content 9. Global Radial Compression Device Market Analysis and Forecasts, By Region 9.1. Basis Point Share (BPS) Analysis By Region 9.2. Y-o-Y Growth Projections By Region 9.3. Market Value Forecast By Region 9.3.1. North America 9.3.2. Latin America 9.3.3. Western Europe 9.3.4. Eastern Europe 9.3.5. APEJ 9.3.6. Japan 9.3.7. MEA Click here to Order a free sample 9.4. Market Attractiveness By Region ©2015 Future Market Insights, All Rights Reserved 10

  11. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 11

More Related