Global Radial Artery Compression Devices Market: Snapshot

An array of hemostatic devices have been used by clinicians for accessing radial artery for angiography or percutaneous coronary intervention. Transradial access have over the years emerged as a promising approach for them to achieve hemostasis. Growing assortment of radial artery hemostasis technologies have advanced cardiac catheterization procedures, opening a vast avenue for the evolution of radial artery compression devices market.

In countries that possess developed healthcare systems, the aim of new device development is to improve patient satisfaction, enhance clinical outcomes, and reduce vascular complication after the procedure. Devices that allow better trans-radial access for percutaneous coronary procedures also indirectly reduce hospital stays for the market. Commonly observed complications have been hematoma, retroperitoneal bleeding, bleeding at the site, and pseudo-aneurysm. Such products are poised to expand the prospect of the radial artery compression devices market.

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Global Radial Artery Compression Devices Market: Growth Dynamics

Percutaneous coronary procedures have been gathering traction for management of coronary artery diseases in populations worldwide, thereby augmenting the potential of the radial artery compression devices market. Medical device makers have been developing devices that help clinicians implement approach that can potentially reduce the complication of radial artery occlusion (RAO). Early and late RAO is a well-understood complication and is a key aspect for medical device manufacturers in the radial artery compression devices market. Research on developing better approaches for preventing the incidence of RAO, especially in adult populations, has propelled demand for radial artery compression devices. However, there is a lack of automated devices that can help clinicians achieve prolonged band compression.

Several studies have been made on assessing the impact of different hemostatic devices on radial artery compression outcomes after coronary interventions. The results have reiterated marked hemostatic efficacy of transradial procedures, thereby boosting the radial artery compression devices market. Scope for new products stems from the need to shorten the hemostasis time as well to maintain, if not to increase, radial artery patency.

Global Radial Artery Compression Devices Market: Notable Developments

In recent years, the body of randomize clinical trials on improving the process of radial artery compression, especially after elective coronary angiography, has grown. This has unlocked new potential in the radial artery compression devices market. One of the research has compared the compression time in two study groups. Interestingly, the researchers concluded that the time for compressive dressing was maintained and didn’t have any significant bearing on occurrence of hemostasis or common vascular complications. Numerous other studies have found no significant correlation between the different contemporary devices on the radial artery occlusion (RAO) incidence. A randomized study at the end of 2017 found that novel air-inflation technique reduces the incidence of radial artery occlusion after percutaneous coronary intervention. This will improve the scope of transradial percutaneous coronary intervention (PCI), which, in directly will boost radial artery compression devices market.

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Some of the companies looking for sizable stakes in the radial artery compression devices market are:

  • Medas, Inc.
  • Beijing Demax Medical Technology
  • Abbott Laboratories
  • HTKD Medical
  • Perouse Medical
  • Merit Medical, Inc.
  • Terumo Corporation
  • Radial Artery Compression Devices

Global Radial Artery Compression Devices Market: Regional Assessment

Some of the key regional markets comprise the Americas, Europe, the Middle East and Africa, and Asia Pacific. Of the various key regions in the radial artery compression devices market, North America has presented vast potential from rapid advances in percutaneous procedures for managing coronary heart diseases. Prominent medical device makers are aiming at unveiling devices equipped with novel transracial access technologies. The region is also seeing growth in potential on the back of uptake of devices that promise reduced hospital stays and more patient comfort. Increasing patient pool with obesity and with substantial comorbidities are also helping the North America radial artery compression devices to earn a prominent position.

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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

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