AP NEWS

2018 $175 Million Hemostasis Valve Market - Global Forecast to 2023 - ResearchAndMarkets.com

January 11, 2019

DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “Hemostasis Valve Market by Type (Hemostasis Valve Y Connector, Double Y Connector Hemostasis Valve, One Handed), Application (Angioplasty, Angiography), End User (Hospitals), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The market size for hemostasis valves is expected to reach 175 million by 2023 from USD 132 million in 2018, at a CAGR of 5.8%

The growth in this market is attributed to the increasing number of interventional procedures. Emerging markets will be the key growth hotspots in the hemostasis valves market; a favorable market scenario in these countries will serve to attract a number of players to focus on opportunities there.

On the basis of type, the hemostasis valves market is segmented into hemostasis valve Y-connectors, double Y-connector hemostasis valves, one-handed hemostasis valves, and other hemostasis valves. In 2018, the hemostasis valve Y-connectors segment is expected to account for the largest share of the hemostasis valves market. The increasing number of interventional procedures worldwide is a key factor driving the growth of this segment.

On the basis of application, the hemostasis valves market is segmented into two segments, namely, angiography and angioplasty. During the forecast period, the angiography segment is estimated to register the highest growth rate in the overall hemostasis valves market. This growth is mainly due to the increasing number of coronary angiography procedures. With the increasing number of angiography procedures, the demand for hemostasis valves is expected to increase during procedures.

The major players operating in this market are Boston Scientific (US), Abbott (US), Teleflex Incorporated (US), B. Braun Melsungen (Germany), and Freudenberg Medical (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Hemostasis Valves Market, By Type

7 Hemostasis Valves Market, By Application

8 Hemostasis Valves Market, By End User

9 Hemostasis Valves Market, By Region

10 Competitive Landscape

11 Company Profiles

Abbott Argon Medical B. Braun Melsungen AG Boston Scientific Deroyal Industries, Inc. Freudenberg Medical (A Subsidiary of Freudenberg Group) Merit Medical Systems Scitech Teleflex Incorporated Terumo

For more information about this report visit https://www.researchandmarkets.com/research/4jmmgl/2018_175_million?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190111005116/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Valves

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/11/2019 05:29 AM/DISC: 01/11/2019 05:29 AM

http://www.businesswire.com/news/home/20190111005116/en

AP RADIO
Update hourly