Global Hemostasis Valves Market Is Anticipated To Reach Around USD 201 Million By 2025

25-Feb-2019 | Zion Market Research

Zion Market Research has published a new report titled “Hemostasis Valves Market by Product Type (Hemostasis Valve Y-Connectors, Double Y-Connector Hemostasis Valves, One-Handed Hemostasis Valves, and Other Hemostasis Valves), by Application (Angiography and Angioplasty), and by End-User (Hospitals, Ambulatory Surgical Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global hemostasis valves market was valued at approximately USD 133 million in 2018 and is expected to generate around USD 201 million by 2025, at a CAGR of around 5.5% between 2019 and 2025.

Hemostasis is the process of blood clotting from the wound or an injured blood vessel. It is the first line of wound healing and comprises three steps—blood coagulation, platelet plug formation, and vasoconstriction. Hemostasis valves are made up of plastic and used in interventional procedures to reduce blood loss. These devices have two ends: distal and proximal. The distal end is used for flushing guidewires and catheters during the procedure and the proximal end is used to seal the end of the catheter to obstruct the blood flow. Hemostasis valves are used for constant irrigation of guide wires and catheters, which reduces the risk of thromboembolism, the opening time during the catheter insertion, and the blood loss, by building pressure inside the blood vessel.

Browse the full “Hemostasis Valves Market by Product Type (Hemostasis Valve Y-Connectors, Double Y-Connector Hemostasis Valves, One-Handed Hemostasis Valves, and Other Hemostasis Valves), by Application (Angiography and Angioplasty), and by End-User (Hospitals, Ambulatory Surgical Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/hemostasis-valves-market

Global Hemostasis Valves Market

There are various factors contributing toward the growth of the hemostasis valves market over the forecast time period, such as the increased prevalence of coronary artery disease, which, in turn, is likely to increase the number of angiography and angioplasty procedures. As per the Centers for Disease Control and Prevention 2017 report, around 370,000 people died from coronary artery diseases. Furthermore, increasing demand for angiographic procedures due to the constant increase in cardiovascular disorders. This is also expected to promote the growth of the global hemostasis valves market over the estimated timeline. Moreover, the constant increase in healthcare facilities and infrastructure coupled with various technological advancements are expected to create new market opportunities in the future. Additionally, favorable scenarios are also projected to promote the growth of the global hemostasis valves market. However, the complex monitoring procedure may inhibit the hemostasis valves market over the forecast timespan.

The global hemostasis valves market is classified into product type, application, and end-user. By product type, the hemostasis valves market is segmented into one-handed hemostasis valves, hemostasis valve Y-connectors, double Y-connector hemostasis valves, and other hemostasis valves. The hemostasis valve Y-connectors are expected to dominate the global market in terms of revenue in the years ahead. By application, the hemostasis valves market is segmented into angiography and angioplasty. The angiography segment is expected to hold the largest market share over the forecast time period. By end-user, the hemostasis valves market is segmented as hospitals, ambulatory surgical centers, and others. Hospitals are likely to dominate the hemostasis valves market in the future.

By region, North America is expected to dominate the hemostasis valves market over the forecast time period due to the constant increase in the interventional procedures in the region. Moreover, the presence of developed healthcare infrastructure is also expected to support the growth of the North American hemostasis valves market in the future. Europe is expected to be the second largest developing market over the forecast time period and closely follow North America in terms of revenue. The Asia Pacific is expected to develop rapidly over the forecast time period, owing to the presence of developing economies, such as India and China, and the presence of robust healthcare infrastructure facility along with increased affordability and technological advancement. The Middle Eastern and African and Latin American markets are expected to witness a significant expansion in the upcoming years.

Some major players of the global hemostasis valves market include Boston Scientific Inc., Abbott Laboratories, Argon Medical, B. Braun Melsungen AG, Deroyal Industries, Inc., Freudenberg Medical, Merit Medical Systems, Scitech, Teleflex Incorporated, and Terumo Corporation, among others.

This report segments the global hemostasis valves market as follows:

Global Hemostasis Valves Market: Product Type Analysis

  • One-Handed Hemostasis Valves
  • Hemostasis Valve Y-Connectors
  • Double Y-Connector Hemostasis Valves
  • Other Hemostasis Valves

Global Hemostasis Valves Market: Application Analysis

  • Angiography 
  • Angioplasty

Global Hemostasis Valves Market: End-user Analysis

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Global Hemostasis Valves Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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