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Radial Compression Devices Market: Plate Based Segment Expected to Remain the Least Attractive Segment Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016-2026

Radial Compression Devices Market: Plate Based Segment Expected to Remain the Least Attractive Segment Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016-2026

The largest segment amongst the product type – the band based product segment is expected to dominate the global radial compression devices market

It is a transparent band to assist hemostasis of the radial artery after a transradial procedure. This transparent structure is designed for visual control and selective compression of the radial artery to allow blood return and preserve patency. This type of band is easily adjusted to any of the wrist sizes. The band based segment is the largest segment by product type, which is expected to be valued at more than US$ 260 Mn, or a little over 80% of the global market share, expanding at a CAGR of 8.4% over the forecast period. The band/strap based segment is expected to create absolute $ opportunity of more than US$ 5 Mn in 2017 over 2016. The segment, in terms of revenue, is anticipated to dominate the global radial compression devices market with an attractiveness index of 2.4 over the forecast period.

Reduced stay in hospitals and lower cost of surgery will boost the growth of the band based segment

Use of radial bands reduces hospital stay and thus helps patients save on hefty hospital bills. This is the precise reason that the adoption of band based products is fast gaining popularity over other traditional approaches. This particular factor is boosting the adoption and revenue growth of the band based segment in the global radial compression devices market. An increase in life expectancy leads to a rise in the global ageing population, which implies an increase in the number of patients with cardiovascular diseases. The rise in cardiovascular diseases due to increased life expectancy is expected to propel the development of the band based segment during the projected period. Radial access such as band based products provides faster mobility to patients as the incision is smaller and the chances of infection at the site is much lower in radial access as compared to transfemoral access. These factors are likely to fuel revenue growth of the band based segment over the forecast period. Market players also focussing on providing more improved radial compression devices. Due to the greater reduction in bleeding and low incidence of complications, the penetration of radial compression products such as bands has increased remarkably after 2011. This is anticipated to create a robust development in the band based product type segment. Higher band based devices adoption in matured markets is expected to continue in the same momentum, given the largely associated benefits.

APEJ anticipated to grab major market value share of the band based product segment during the projected period

Band/Strap based product segment dominated the North America radial compression devices market in terms of revenue in 2015, and the trend is projected to continue throughout the forecast period; similarly in Latin America, the growth trend of the band/strap based product type segment is projected to continue throughout the forecast period to reach a value share of more than 80% by the end of 2026. The major value share of the band based segment in the global radial compression devices market is likely to be grabbed by the APEJ regional market where the segment is predicted to reach a value share of more than 85% by the end of 2026. The band based segment is likely to dominate the radial compression devices market in Japan in revenue terms with an attractiveness index of 2.4 over the forecast period.


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
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
6.4. Market Value Forecast By Usage, 2016–2026
6.4.1. Disposable Devices
6.4.2. Reusable Devices
6.5. Market Attractiveness By Usage
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
8.4.4. Specialized Clinics
8.5. Market Attractiveness By End User
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
9.4. Market Attractiveness By Region
10. North America Radial Compression Device Market Analysis and Forecast
10.1.Introduction
10.1.1. Basis Point Share (BPS) Analysis By Country
10.1.2. Y-o-Y Growth Projections By Country
10.2.Market Value and Volume Forecast By Product, 2016–2026
10.2.1. Band/Strap Based Radial Compression Devices
10.2.2. Knob Based Radial Compression Devices
10.2.3. Plate Based Radial Compression Devices
10.3.Market Value and Volume Forecast By End User, 2016–2026
10.3.1. Hospitals
10.3.2. Independent Catheterization Labs
10.3.3. Ambulatory Surgery Centers
10.3.4. Specialized Clinics
10.4.Market Value and Volume Forecast By Usage, 2016–2026
10.4.1. Disposable Devices
10.4.2. Reusable Devices
10.5.Market Value and Volume Forecast By Application, 2016–2026
10.5.1. Diagnostic
10.5.2. Surgical Intervention
10.6.Market Value and Volume Forecast By Country, 2016–2026
10.6.1. U.S.
10.6.2. Canada
10.7.Market Attractiveness Analysis
10.7.1. By Product
10.7.2. By End User
10.7.3. By Usage
10.7.4. By Application
10.7.5. By Country
11. Latin America Radial Compression Device Market Analysis and Forecast
11.1.Introduction
11.1.1. Basis Point Share (BPS) Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.2.Market Value and Volume Forecast By Product, 2016–2026
11.2.1. Band/Strap Based Radial Compression Devices
11.2.2. Knob Based Radial Compression Devices
11.2.3. Plate Based Radial Compression Devices
11.3.Market Value and Volume Forecast By End User, 2016–2026
11.3.1. Hospitals
11.3.2. Independent Catheterization Labs
11.3.3. Ambulatory Surgery Centers
11.3.4. Specialized Clinics
11.4.Market Value and Volume Forecast By Usage, 2016–2026
11.4.1. Disposable Devices
11.4.2. Reusable Devices
11.5.Market Value and Volume Forecast By Application, 2016–2026
11.5.1. Diagnostic
11.5.2. Surgical Intervention
11.6.Market Value and Volume Forecast By Country, 2016–2026
11.6.1. Brazil
11.6.2. Mexico
11.6.3. Argentina
11.6.4. Rest of Latin America
11.7.Market Attractiveness Analysis
11.7.1. By Product
11.7.2. By End User
11.7.3. By Usage
11.7.4. By Application
11.7.5. By Country
12. Western Europe Radial Compression Device Market Analysis and Forecast
12.1.Introduction
12.1.1. Basis Point Share (BPS) Analysis By Country
12.1.2. Y-o-Y Growth Projections By Country
12.2.Market Value and Volume Forecast By Product, 2016–2026
12.2.1. Band/Strap Based Radial Compression Devices
12.2.2. Knob Based Radial Compression Devices
12.2.3. Plate Based Radial Compression Devices
12.3.Market Value and Volume Forecast By End User, 2016–2026
12.3.1. Hospitals
12.3.2. Independent Catheterization Labs
12.3.3. Ambulatory Surgery Centers
12.3.4. Specialized Clinics
12.4.Market Value and Volume Forecast By Usage, 2016–2026
12.4.1. Disposable Devices
12.4.2. Reusable Devices
12.5.Market Value and Volume Forecast By Application, 2016–2026
12.5.1. Diagnostic
12.5.2. Surgical Intervention
12.6.Market Value and Volume Forecast By Country, 2016–2026
12.6.1. U.K.
12.6.2. France
12.6.3. Germany
12.6.4. Italy
12.6.5. Spain
12.6.6. Nordic
12.6.7. Benelux
12.6.8. Rest of Western Europe
12.7.Market Attractiveness Analysis
12.7.1. By Product
12.7.2. By End User
12.7.3. By Usage
12.7.4. By Application
12.7.5. By Country
13. Eastern Europe Radial Compression Device Market Analysis and Forecast
13.1.Introduction
13.1.1. Basis Point Share (BPS) Analysis By Country
13.1.2. Y-o-Y Growth Projections By Country
13.2.Market Value and Volume Forecast By Product, 2016–2026
13.2.1. Band/Strap Based Radial Compression Devices
13.2.2. Knob Based Radial Compression Devices
13.2.3. Plate Based Radial Compression Devices
13.3.Market Value and Volume Forecast By End User, 2016–2026
13.3.1. Hospitals
13.3.2. Independent Catheterization Labs
13.3.3. Ambulatory Surgery Centers
13.3.4. Specialized Clinics
13.4.Market Value and Volume Forecast By Usage, 2016–2026
13.4.1. Disposable Devices
13.4.2. Reusable Devices

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