Global Hemostasis Valves Market, By Type (Hemostasis Valve Y-Connectors, One-Handed Hemostasis Valve

Published Date: | Report Code : HC1958475

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Hemostasis is the natural method in which blood loss during injury or surgery is prevented. It involves plug formation of coagulation, vasoconstriction, and platelet. The hemostatic valve consists of a plastic valve. The valve consists of a flushing lateral port and a seal to close the catheter at the end to avoid bleeding. A range of hemostatic techniques are used, ranging from easy one-finger manual pressure implementation to electrical tissue cauterization, systemic blood product administration, and systemic administration or topical application of procoagulation agents. Increasing numbers of cardiovascular instances and increasing angiographic surgery are driving the demand for hemostatic valves.

Increasing demand for minimally invasive angiographic therapies and enhanced healthcare infrastructure in developing nations are impacting the market positively. Increasing investments are also enhancing the market by significant players. High therapy costs and the absence of qualified experts may limit market development. However, the growing population of the elderly and the increased incidence of cardiovascular diseases continue to drive the market.

The segment of dual Y-connector hemostasis valves is projected to record the largest development rate in the years to come.

Key Factors Impacting Market Growth:

  • An increasing number of processes for intervention

  • A growing number of hospitals

  • The increasing amount of processes for coronary angiography

Key Developments:

  • August 2018, B. Five fresh improved manufacturing plants were opened in Penang by Braun Medical Industries. These facilities have the recent manufacturing technology to produce infusion therapy medical devices and surgical tools for patient treatment in Malaysia and around the world. Moreover, Freudenberg Medical expended its medical factory in Beverly in December 2018.

  • Abbott purchased St. Jude Medical in 2017. St. Jude Medical's incorporation reinforced the management of Abbott's medical device globally.

Regional Analysis:

North America, Western Europe, and the Asia Pacific by region are estimated to dominate the hemostatic valve market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for the hemostatic valve market during the forecast period. The US, Germany, France, UK, Canada, and Spain have been some of the major markets in the region.

Asia Pacific is estimated to register one of the highest CAGR for the hemostatic valve market during the forecast period. This region has witnessed strategic investments by global companies to cater to the growing demand in recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for the hemostatic valve market in the region. Other regions including the Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for the hemostatic valve during the forecast period.

Companies Covered: St. Jude Medical, Merit Medical, Qosina, B. Braun, Minivalve, Excel Medical Products, GaltNeedleTech, Abbott, Ambu, Armstrong Medical, Ceodeux Meditec, and Teleflex…

Market Segmentation:

By Type:

  • Hemostasis Valve Y-Connectors

  • One-Handed Hemostasis Valves

  • Double Y-Connector Hemostasis Valves

  • Others

By Application:

  • Angiography

  • Angioplasty

By User:

  • Hospitals

  • Ambulatory Surgery Centers

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

    • By User

  • Western Europe

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Type

    • By Application

    • By User

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

    • By User

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Type

    • By Application

    • By User

  • Middle East

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Type

    • By Application

    • By User

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Application

    • By User

Reasons To Buy This Report:

  • Market size estimation of the hemostasis valves market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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