Stratview Research has launched a new report, titled Transradial Access Market, By Product (Catheters, Guidewires, Sheaths & Sheath Introducers, Accessories), Application (Drug Administration, Fluid & Nutrition Administration, Blood Transfusion, Diagnostics & Testing), End User (Hospitals, Clinics and Ambulatory Care Centers, Other), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Transradial Access Market is projected to grow from USD 1.9 billion in 2020 to USD 2.9 billion by 2026 at a CAGR of around 7.2% during the forecast period.
Market Segments’ Analysis
By end-user, the transradial access market has been bifurcated into hospitals, clinics, and ambulatory care centers, and others. The hospitals’ segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to the increasing prevalence of cardiovascular diseases coupled with expanding geriatric populace. Additionally, increasing investment in technological advancements is likely to add to the market growth substantially during the review period. The market growth in Asia-Pacific is expected to be driven by increasing spending on healthcare coupled with rising cases of heart diseases.
The following are the key players in the Transradial Access Market-
- Becton, Dickinson and Company (US)
- Terumo Corporation (Japan)
- Teleflex Incorporated (US)
- Smiths Medical, Inc. (US)
- Medtronic plc (Ireland)
- Edward Lifesciences (US)
- Merit Medical Systems, Inc. (US)
- Boston Scientific Corporation (US)
- Nipro Corporation (Japan)
- AngioDynamics (US)
- Oscor (US)
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Transradial Access Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Transradial Access Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
Read the full report: https://www.stratviewresearch.com/2472/Transradial-Access-Market.html
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