The hemostasis valves market refers to the medical device market that produces valves used to control bleeding during invasive procedures such as angiography and angioplasty. Hemostasis valves are designed to provide a seal around the catheter, which allows for the introduction of interventional devices while minimizing the risk of bleeding. The global hemostasis valves market size was USD 160.30 Million in 2022 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research.
One of the main drivers of the hemostasis valves market is the increasing prevalence of cardiovascular diseases. Cardiovascular diseases such as coronary artery disease and peripheral artery disease are a growing concern worldwide, and interventional procedures such as angiography and angioplasty are commonly used for their treatment. As a result, there is a growing demand for hemostasis valves to control bleeding during these procedures.
Another driver of the market is the increasing adoption of minimally invasive procedures. Minimally invasive procedures offer several advantages over traditional open surgeries, including shorter hospital stays, faster recovery times, and lower complication rates. As a result, there is a growing trend towards the use of minimally invasive procedures for the treatment of cardiovascular diseases, which is expected to drive the growth of the hemostasis valves market.
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Hemostasis Valves market include:
Freudenberg Medical, Lepu Medical Technology(Beijing)Co., Ltd., Merit Medical Systems., Qosina, B. Braun SE, Teleflex Incorporated, BOSTON SCIENTIFIC CORPORATION, TERUMO CORPORATION, Argon Medical Devices, and Abbott
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Hemostasis Valves market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Hemostasis Valves Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Hemostasis Valves Market Segmentation:
Product Type Outlook (Revenue, USD Million; 2019-2032)
- Y-Connector Valves
- Double Y-Connector Valves
- One-Handed Valves
- Others
Application Outlook (Revenue, USD Million; 2019-2032)
- Angiography
- Angioplasty
- Interventional Cardiology
- Others
End-Use Outlook (Revenue, USD Million; 2019-2032)
- Hospitals
- Clinics
- Others
Hemostasis Valves Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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