Radial Artery Compression Devices Market Size, Share, Growth Analysis, By Product(Band/Strap-based Devices, Knob-based Devices, Plate-based Devices, and Others), By Usage(Disposable Devices, and Reusable Devices), By End-user(Hospitals, Clinics, Ambulatory Centers, Cath Lab), By Region - Industry Forecast 2024-2031

Global Radial Artery Compression Devices Market size was valued at USD 205.04 Million in 2022 and is poised to grow from USD 220.22 Million in 2023 to USD 389.84 Million by 2031, growing at a CAGR of 7.40% in the forecast period (2024-2031).

The global radial artery compression devices market is expected to grow at a healthy CAGR of ~8% during the forecast period. Market growth can primarily be attributed to several factors, including improved patient safety and comfort, significant rise in global geriatric population, fewer post-treatment complications, R&D activities due to talking note also is the sale of different gases during the forecast period will exceed the sales of capillary compression devices.

Advancement in technology along with efficient radial compression devices is anticipated to drive the global radial artery compression devices market. The market is expected to grow due to increasing use of radial access techniques, speeding patient movement and reducing the risk of complications. For example, in March 2022, American Heart is published A case study of the association, where the most widely used radial access is provided either by the involvement of new cardiologists (surgeons) or by rotation of existing practitioners on the action.