Transparency Market Research (TMR) has a new study on the global hemostasis valves market, providing forecasts for the period of 2019-2027. In the market study, lucrative opportunities are seen for hemostasis valves. The report enumerates valuable insights to enable readers in making winning market-related decisions for the future growth of their businesses. The report sheds light on the important factors that are constantly shaping the growth of the market, to help manufacturers discover opportunities, trends, developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting the growth of the market are also incorporated in the report.
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Global Hemostasis Valves Market Witness Most Promising Rise in Demand:
The global hemostasis valves market was valued at ~US$ 135 Mn in 2018. The global hemostasis valves market is projected to reach ~US$ 207 Mn by 2027, expanding at a CAGR of ~5% from 2019 to 2027.
Strategic acquisitions by service providers have enabled them to consolidate their position in the hemostasis valves market, increase service offerings, and strengthen their customer base. For instance, in May 2019, Argon Medical announced the acquisition of Mana-Tech, Ltd., its exclusive distributor for the U.K. and Ireland. This acquisition of Mana-Tech, Ltd. is expected to offer significant opportunity to the company to expand its presence in the U.K., Ireland, and across Europe.
In May 18, 2018, Merit Medical Systems, Inc. entered into a distribution agreement with QXMédical, LLC for the exclusive global distribution rights to the Q50 PLUS Stent Graft Balloon Catheter. The Q50 PLUS is utilized in abdominal and thoracic endovascular aneurysm repair procedures to repair abdominal aortic aneurysms and thoracic aortic aneurysms.
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The report offers detailed segmentation of the global hemostasis valves market based on product, application, end user, and region
Based on product, the global hemostasis valves market has been categorized into y connector hemostasis valves, double Y connector hemostasis valves, one-handed hemostasis valves, and others. Based on application, the global hemostasis valves market has been classified into diagnostic and interventional. In terms of end user, the global hemostasis valves market has been divided into hospitals, ambulatory surgical centers, and others.
Key Players of Hemostasis Valves Market Report:
Key players in the global Hemostasis Valves market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
The report provides profiles of the leading players operating in the global hemostasis valves market. These include: Boston Scientific Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Terumo Corporation, Merit Medical Systems, Inc, Freudenberg Medical, ARGON MEDICAL.
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