Global sales of transradial closure devices are set to enjoy a market valuation of USD 225.4 Million in 2022, and further progress at a high CAGR of 6.8% to reach USD 381.4 Million through 2030.
The transradial closure devices market currently accounts for 19.3% share in the global vascular closure devices market. Rising number of cardiac cases is primarily expected to increase sales of transradial closure equipment.
| Attribute | Details |
|---|---|
| Transradial Closure Devices Market Size (2022) | USD 225.4 million |
| Revenue Forecast (2030) | USD 381.4 million |
| Global Market Growth Rate (2022 to 2030) | 6.8% CAGR |
| North America Market Share | 38.3% |
| Particulars | Details |
|---|---|
| H1, 2021 | 6.62% |
| H1, 2022 Projected | 6.80% |
| H1, 2022 Outlook | 6.70% |
| BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 10 ↓ |
| BPS Change - H1, 2022 (O) - H1, 2021 | (+) 08 ↑ |
The variation between the BPS values observed within this market in H1, 2022 - outlook over H1, 2022 projected reflects a decline of 10 BPS units. However, a positive BPS growth in H1-2022 over H1-2021 by 08 Basis Point Share (BPS) is demonstrated by the market.
The market observes a reduction in BPS due to the limitations associated with transradial closure devices in access site crossover, thus diminishing positive procedure outcomes.
Moreover, with advanced product launches, there is an increasing need for trained professionals for device usage, which presents an additional burden upon medical facilities with staffing based costs.
However, with the advent of bioresorbable technologies within the transradial closure devices market space, the market is set to present a positive growth outlook during the forecasted years. With improved safety of newly launched vascular closure devices, the market for transradial closure devices will also witness a boost.
The market is subject to changes as per device regulations, licensing, disease epidemiology, and product adoption rates, in accordance to the macro and industry dynamics.
For radial artery closure, transradial closure devices have developed as a viable alternative for conventional mechanical compression. Improved patient satisfaction with minimum irritation and early patient discharge are all advantages of these devices. The market is expected to see increased product demand as a result of its favourable applications.
The transradial closure devices market expanded at a CAGR of 4.8% from 2015 to 2021, and accumulated revenue worth USD 212.5 Million in 2021. Over the coming years, rising risk of heart stroke combined with a burgeoning population suffering from multiple vascular illnesses will drive market expansion.
Hospitals, independent catheterization centers, and healthcare clinics will continue to increase their demand, according to Future Market Insights (FMI).
As a result of this, the global transradial closure devices market is expected to expand at a 6.8% CAGR from 2022 to 2030, and reach an estimated net worth of USD 381.4 Million through 2030.
Transradial closure systems use the radial artery rather than the femoral artery, which has the advantage of producing a reduced artery calibre while reducing the risk of severe access site haemorrhage. As a result, healthcare professionals and patients alike favour transradial closure units.
Rising Incidence of Cardiovascular Diseases Surging Sales of Transradial Closure Devices
Demand for efficient therapy for cardiovascular disorders is driving sales of transradial closure devices. According to the World Health Organization (WHO), cardiovascular illnesses claim the lives of roughly 17.9 million people each year, accounting for 31% of all fatalities globally.
The need for transradial closure devices is steadily increasing as healthcare segments become more advanced by being equipped with cutting-edge surgical and diagnostic instruments.
Transradial closure systems, which represent a breakthrough in modern interventional cardiology, are gaining acceptance around the world due to their ability to provide a more convenient location for safe calibration with less risk and discomfort.
Clinical Research Encouraging Adoption of Transradial Closure Technologies in Healthcare Facilities
Transradial access has been shown in clinical investigations to help reduce vascular and bleeding problems. In addition, the use of transradial closure devices reduces the likelihood of site injury.
Transradial closure equipment is getting popular in the healthcare business because they give superior comfort and reduce the risk of harm as compared to traditional methods.
Hospitals, diagnostic centers, and other healthcare facilities have started to adopt current technology and instruments as a result of digital improvements, which is driving the demand curve for transradial closure devices higher.
Transradial closure devices are frequently used during coronary angiography, angioplasty, and other medical operations because they are more efficient in terms of safety, comfort, and accuracy. Transradial access is more effective in clinical investigations all around the world.
With the tendency unlikely to abate over the coming years, FMI anticipates a significant increase in demand for transradial closure devices.
Lack of Skilled Healthcare Workers May Impede Transradial Closure Device Usage
Transradial closure devices require unique knowledge, care, and safeguards when used. Despite the superficial position and simplicity of compression, radial access difficulties can occur, resulting in bleeding and damage at the access site.
As a result, it is critical to have sufficient understanding to handle the complete operation, which may function as a barrier to its general adoption.
COVID-19 Pandemic Affected Production of Transradial Closure Devices
Furthermore, the COVID-19 pandemic has had a significant impact on the transradial closure devices market because of production and distribution challenges during the extended lockdown period. Transradial closure devices are more expensive than traditional closure devices.
Besides, large costs are paid for their upkeep, which may result in a decrease in demand. Furthermore, despite clinical studies stressing the advantages of the transradial technique, many operators prefer to employ the femoral approach due to familiarity with the procedure.
North America Leads Transradial Closure Devices Market Due to Increasing Cases of Cardiac Illnesses
North America dominates the global transradial closure devices market and is projected to do so over the forecast period. The North America transradial closure devices market is being driven by an increase in the incidence of various cardiovascular illnesses such as coronary heart disease, cardiac arrest, hypertension, and others caused by food habits, lifestyle, and other factors.
As more people become conscious of cardiac health, the market for transradial closure devices in North America is seeing an increase in demand due to increased diagnostics utilization. At present, North America is expected to account for 38.3% of the global market share.
Europe is the second-largest market for transradial closure devices, and it is expected to remain so over the forecast period.
The Europe transradial closure devices market is being boosted by advancements in major end-use industries such as independent catheterization centers, hospitals, specialty clinics, and others. Currently, Europe is likely to hold 33.5% of the global market share.
Cardiovascular disease accounts for more than half of all fatalities in Europe, according to the World Health Organization, and 80 percent of premature heart disease and stroke are preventable. The demand for transradial closure devices is expanding tremendously as more people obtain knowledge about improving cardiovascular health.
South Asia has emerged as a viable market for transradial closure devices, with steady growth projected in the coming years. The healthcare industry in South Asia is steadily increasing, according to the World Health Organization.
As a result, the market for transradial closure devices in South Asia is expected to expand. The increasing use of transradial closure devices in surgical and diagnostic procedures is expected to propel the South Asia transradial closure devices market forward over the forecast period.
In 2022, South Asia, East Asia, and Oceania together are predicted to account for 20.6% of the global market share. While Latin America and MEA are likely to account for 4.6% and 3% of the global market share respectively in 2022.
Growing Fear of Cardiovascular Disease & Advanced Healthcare Infrastructure Driving Demand for Transradial Closure Devices
The United States is likely to dominate the North America transradial closure devices market. The high prevalence of the heart disease necessitates the use of transradial closure devices, which drives the market's growth in the country.
According to a research published by the Centers for Disease Control and Prevention, "In the United States, heart disease is the top cause of death for men, women, and people of most racial and ethnic groups.
In the United States, one person dies from cardiovascular disease every 36 seconds. Heart disease claims the lives of around 659,000 people in the United States each year, accounting for one out of every four deaths".
Furthermore, the market in the country is aided by modern infrastructure and rising healthcare spending among the populace.
Presence of Improved Healthcare Systems Boosts Demand for Transradial Closure Devices
India is set to be a growing market for the healthcare industry. In terms of revenue and employment, healthcare has become one of India's most important industries.
The Indian healthcare system is expanding rapidly as a result of improved coverage, services, and increased spending by both public and private entities. In addition, the country's well-developed manufacturing activities and healthcare system are expanding the transradial closure devices market forward.
Bands or Straps to Be Leading Transradial Closure Devices Due to their Advanced Features
Transradial closure devices with a band or strap have a success rate in helping radial artery haemostasis following transradial surgery.
This type of transradial closure device has several advantages, including the capacity to selectively compress the radial artery to enable blood flow while maintaining patency, the availability of preferred band lengths for exact fit and best patient comfort, and so on.
In terms of product type, band- or strap-based transradial closure devices currently lead the transradial closure devices market and are projected to continue to do so in the coming years due to increased demand for their unique features.
Efficient & Effective Quality Make Disposable Devices Prominent Selling Product
Disposable devices are the most preferred since they are cost-effective and require no maintenance. Disposable devices are in high demand among a wide range of end users, from hospitals to ambulatory surgical clinics.
Disposable devices are popular because they are efficient for one-time diagnosis and surgical intervention. Disposable devices will be the most prevalent throughout the predicted period, according to FMI.
Rising Heart Illnesses & Growing Awareness of Diagnostics to Fuel Demand for Transradial Closure Devices
Increasing occurrences of cardiovascular illnesses and rising patient awareness are driving the use of transradial closure devices in the diagnostic segment. The diagnostic segment is anticipated to maintain its advantage in the coming years, according to FMI.
Because transradial closure devices are less expensive than transfemoral closure devices, diagnosis centers prefer them for mild to severe cases. Furthermore, the lower hazards associated with the diagnostic method have made it the leading choice in this segment.
High Consumption of Transradial Closure Devices by Independent Catheterization Centers Due to their Specialized Features
Catheterization facilities are specialized hospital rooms where minimally invasive tests and treatments are performed to detect and treat cardiovascular problems.
As the prevalence of cardiovascular disorders rises, the number of independent catheterization centers is increasing to serve the growing patient pool. This segment currently dominates the worldwide transradial closure devices market and is expected to do so over the forecast period.
Patients who require invasive interventional procedures as an alternative to surgery should seek out independent catheterization centers. Furthermore, a large section of the population with cardiovascular illness prefers independent cardiac catheterization laboratories because they are solely focused on the diagnosis and treatment of this disease.
Because the market is so competitive, major competitors are focusing their efforts on introducing cutting-edge technology and equipment.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2030 |
| Historical Data Available for | 2015 to 2021 |
| Market Analysis | USD million for Value, Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Australia, New Zealand, Turkey, South Africa, and GCC Countries |
| Key Market Segments Covered | Product, Usage, Application, End User, Region |
| Key Companies Profiled | Merit Medical, Inc.; Abbott Laboratories; Fisher & Paykel Healthcare Corporation Ltd.; Vascular Solution Inc.; Advanced Vascular Dynamics; Comed B.V.; Beijing Demax Medical Technology Co., Ltd. |
| Pricing | Available upon Request |
Table 01: Global Transradial Closure devices Market Volume (‘000 Units) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 02: Global Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 03: Global Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 04: Global Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 05: Global Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 06: Global Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Region
Table 07: North America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 08: North America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 09: North America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 10: North America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 11: North America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 12: Latin America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 13: Latin America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 14: Latin America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 15: Latin America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 16: Latin America Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 17: Europe Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 18: Europe Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 19: Europe Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 20: Europe Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 21: Europe Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 22: South Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 23: South Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 24: South Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 25: South Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 26: South Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 27: East Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 28: East Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 29: East Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 30: East Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 31: East Asia Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 32: Oceania Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 33: Oceania Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 34: Oceania Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 35: Oceania Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 36: Oceania Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Table 37: MEA Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Country
Table 38: MEA Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Product Type
Table 39: MEA Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Usage
Table 40: MEA Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By Application
Table 41: MEA Transradial Closure devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2015–2030, By End User
Figure 01: Global Transradial Closure devices Market Volume (Mn Units) Analysis, 2015-2021
Figure 02: Global Transradial Closure devices Market Volume Forecast (Mn Units), 2022-2030
Figure 03: Global Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 04: Global Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 05: Global Transradial Closure devices Market Absolute $ Opportunity, 2022 - 2030
Figure 06: Global Transradial Closure devices Market Share Analysis (%), By Product Type, 2022-2030
Figure 07: Global Transradial Closure devices Market Y-o-Y Analysis (%), By Product Type, 2022-2030
Figure 08: Global Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 09: Global Transradial Closure devices Market Share Analysis (%), By Usage, 2022-2030
Figure 10: Global Transradial Closure devices Market Y-o-Y Analysis (%), By Usage, 2022-2030
Figure 11: Global Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 12: Global Transradial Closure devices Market Share Analysis (%), By Application, 2022-2030
Figure 13: Global Transradial Closure devices Market Y-o-Y Analysis (%), By Application, 2022-2030
Figure 14: Global Transradial Closure devices Market Attractiveness Analysis by Size, 2022-2030
Figure 15: Global Transradial Closure devices Market Share Analysis (%), By End User, 2022-2030
Figure 16: Global Transradial Closure devices Market Y-o-Y Analysis (%), By End User, 2022-2030
Figure 17: Global Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 18: Global Transradial Closure devices Market Share Analysis (%), By Region, 2022-2030
Figure 19: Global Transradial Closure devices Market Y-o-Y Analysis (%), By Region, 2022-2030
Figure 20: Global Transradial Closure devices Market Attractiveness Analysis by Region, 2022-2030
Figure 21: North America Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 22: North America Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 23: North America Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 24: North America Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 25: North America Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 26: North America Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 27: North America Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 28: North America Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 29: North America Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 30: North America Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 31: North America Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 32: North America Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 33: Latin America Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 34: Latin America Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 35: Latin America Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 36: Latin America Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 37: Latin America Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 38: Latin America Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 39: Latin America Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 40: Latin America Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 41: Latin America Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 42: Latin America Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 43: Latin America Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 44: Latin America Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 45: Europe Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 46: Europe Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 47: Europe Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 48: Europe Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 49: Europe Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 50: Europe Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 51: Europe Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 52: Europe Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 53: Europe Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 54: Europe Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 55: Europe Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 56: Europe Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 57: South Asia Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 58: South Asia Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 59: South Asia Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 60: South Asia Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 61: South Asia Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 62: South Asia Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 63: South Asia Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 64: South Asia Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 65: South Asia Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 66: South Asia Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 67: South Asia Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 68: South Asia Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 69: East Asia Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 70: East Asia Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 71: East Asia Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 72: East Asia Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 73: East Asia Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 74: East Asia Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 75: East Asia Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 76: East Asia Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 77: East Asia Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 78: East Asia Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 79: East Asia Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 80: East Asia Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 81: Oceania Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 82: Oceania Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 83: Oceania Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 84: Oceania Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 85: Oceania Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 86: Oceania Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 87: Oceania Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 88: Oceania Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 89: Oceania Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 90: Oceania Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 91: Oceania Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 92: Oceania Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 93: MEA Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 94: MEA Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 95: MEA Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 96: MEA Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 97: MEA Transradial Closure devices Market Value Share, By Country, 2022 (E)
Figure 98: MEA Transradial Closure devices Market Value Analysis (US$ Mn), 2015-2021
Figure 99: MEA Transradial Closure devices Market Value Forecast (US$ Mn), 2022-2030
Figure 100: MEA Transradial Closure devices Market Attractiveness Analysis By Product Type, 2022-2030
Figure 101: MEA Transradial Closure devices Market Attractiveness Analysis by Usage, 2022-2030
Figure 102: MEA Transradial Closure devices Market Attractiveness Analysis by Application, 2022-2030
Figure 103: MEA Transradial Closure devices Market Attractiveness Analysis by End User, 2022-2030
Figure 104: MEA Transradial Closure devices Market Attractiveness Analysis by Country, 2022-2030
Figure 105: U. S. Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 106: U. S. Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 107: U. S. Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 108: U. S. Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 109: U. S. Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 110: Canada Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 111: Canada Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 112: Canada Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 113: Canada Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 114: Canada Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 115: Brazil Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 116: Brazil Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 117: Brazil Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 118: Brazil Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 119: Brazil Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 120: Mexico Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 121: Mexico Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 122: Mexico Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 123: Mexico Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 124: Mexico Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 125: U. K. Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 126: U. K. Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 127: U. K. Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 128: U. K. Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 129: U. K. Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 130: Germany Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 131: Germany Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 132: Germany Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 133: Germany Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 134: Germany Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 135: France Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 136: France Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 137: France Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 138: France Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 139: France Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 140: Italy Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 141: Italy Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 142: Italy Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 143: Italy Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 144: Italy Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 145: Spain Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 146: Spain Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 147: Spain Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 148: Spain Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 149: Spain Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 150: Russia Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 151: Russia Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 152: Russia Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 153: Russia Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 154: Russia Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 155: China Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 156: China Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 157: China Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 158: China Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 159: China Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 160: Japan Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 161: Japan Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 162: Japan Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 163: Japan Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 164: Japan Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 165: South Korea Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 166: South Korea Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 167: South Korea Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 168: South Korea Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 169: South Korea Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 170: India Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 171: India Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 172: India Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 173: India Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 174: India Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 175: Indonesia Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 176: Indonesia Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 177: Indonesia Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 178: Indonesia Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 179: Indonesia Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 180: Australia Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 181: Australia Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 182: Australia Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 183: Australia Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 184: Australia Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 185: New Zealand Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 186: New Zealand Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 187: New Zealand Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 188: New Zealand Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 189: New Zealand Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 190: GCC Countries Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 191: GCC Countries Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 192: GCC Countries Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 193: GCC Countries Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 194: GCC Countries Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 195: Turkey Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 196: Turkey Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 197: Turkey Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 198: Turkey Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 199: Turkey Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
Figure 200: South Africa Transradial Closure devices Market Value Share, By Product Type, 2022 (E)
Figure 201: South Africa Transradial Closure devices Market Value Share, By Usage, 2022 (E)
Figure 202: South Africa Transradial Closure devices Market Value Share, By Application, 2022 (E)
Figure 203: South Africa Transradial Closure devices Market Value Share, By End User, 2022 (E)
Figure 204: South Africa Transradial Closure devices Market Value Analysis (US$ Mn), 2022 & 2030
The global transradial closure devices market is projected to increase from a valuation of USD 225.4 Million in 2022 to USD 381.4 Million through 2030.
According to Future Market Insights (FMI), the transradial closure devices market is predicted to expand at 6.8% CAGR from 2022 to 2030.
Some of the top companies manufacturing transradial closure devices are Merit Medical, Inc., Comed B.V, Advanced Vascular Dynamics, and Abbott Laboratories.
Band- or strap-based transradial closure devices are witnessing high demand.
Disposable transradial closure devices are most preferred across the world.
Since competition is getting tougher, key market players are focusing on launching ultra-modern, compact transradial closure devices to target diverse end users.
Transradial closure devices are finding increasing applications in diagnostics.
The North America transradial closure devices market currently accounts for 38.3% of the global market share.
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Transradial Closure Devices Market
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