Coherent Market Insights released a new market study on 2021-2027 Radial Compression Devices Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The research study provides estimates for 2021-2027 Radial Compression Devices Market Forecast till 2027*.
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A radial artery compression device is a medical device that functions by applying positive pressure to veins in the body, specifically the legs. The mechanism of applying positive pressure to these veins involves constricting the blood vessels and increasing their permeability, this allows the veins to be more sensitive to insulin. Insulin is a hormone produced by the pancreas and transports glucose and other sugars from the blood into the cells. If the cells are not adequately nourished glucose cannot be transported and the sugar ends up as fat and which causes obesity. This is the reason why obese people tend to have large legs as well as arteries that are considered as having high blood pressure.
The increasing incidence of cardiovascular health issues across the globe is fueling the growth of the global radial artery compression device market. For instance, according to Institute for Health Metrics and Evaluation, in 2019 there were around 523 million individuals in the world were suffering from cardiovascular health issues. Moreover, the introduction of new devices and technologies by key market players is also boosting the growth of the global radial artery compression device market.
The trans-radial BP monitor is a type of radial artery compression device. This is a simple model that has the cuff attached to the wrist. The cuff is inflated by pumping air into a bag and it applies a constant pressure transversely to the vein it is connected to. The pressure is measured with the help of a probe that is placed at the access site. The next kind of radial artery compression device is the transparent band. This device is a simple model that is similar to the cuff but the difference being that this is more comfortable for the patient. In addition to that, a transparent band is easy to use since it does not have to be placed on the wrist of the patient. However, limitations of the procedures and conventional method of accessing the femoral artery are the main factors that are hindering the growth of the global radial artery compression device market.
Owing to the increase of cardiovascular health issues in the region, North America is witnessing heavy demand in the global radial artery compression device market. For instance, according to the U.S. Centers for Disease Control and Prevention, in 2018 around 30.3 million adult residents in the U.S. were suffering from cardiovascular issues. Annually around 647,000 residents die from these issues, which has made cardiovascular health problems the main cause of death in the region. Moreover, the presence of key market players in the region is augmenting the growth of the market. Owing to such factors, there have been significant industrial developments in the global radial artery compression device market. For instance, in November 2019, Terumo Corporation acquired Aortica Corporation.
Radial Compression Devices Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Terumo Corporation, Abbott Laboratories, Vascular Solutions Inc. (a part of Teleflex Incorporated), Advanced Vascular Dynamics, Comed B.V., Merit Medical Systems Inc., and Beijing Demax Medical Technology Co., Ltd.
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• Current and future of global Radial Compression Devices Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Major Point Answered in Radial Compression Devices Market Research Study are:
- What will be the progress rate of the Radial Compression Devices Market for the conjecture period, 2021-2027?
- What are the prominent factors driving the Radial Compression Devices Market across different regions?
- Who are the major vendors dominating the Radial Compression Devices industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
- What are the challenges faced by the Radial Compression Devices Market?
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