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Pramod Kumar
by on July 5, 2021
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The cost-effectiveness of the approach and increasing chronic disease prevalence, preference for radial artery access during interventional procedures, chemotherapy procedure volume, radial access device use on high-risk and geriatric patients, and healthcare expenditure are the major reasons behind the transradial access devices market advance. Subsequently, the industry will grow at an 8.4% CAGR during 2018¬–2023 (forecast period) to reach $24.1 billion by 2023 from $14.9 billion in 2017.
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During transradial procedures, a catheter, which is a thin hollow tube, is inserted through the radial artery in the wrist and guided to the target blood vessel, tissue or organ in the body. One of the major applications of transradial catheterization is diagnosing and treating issues in the coronary, peripheral, and other arteries. Though in many countries, the transfemoral approach is used, wherein the catheter is inserted into the femoral artery in the groin, the transradial approach is rapidly becoming popular because it offers patients more comfort and safety and is cost-effective.
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One of the key reasons behind the growing transradial access devices market is the increasing usage of the transradial approach over the transfemoral alternative. Years of extensive studies have revealed the former approach to be more suitable for high-risk, morbidly obese, and elderly patients, especially women. Furthermore, the transfemoral approach in patients taking anticoagulants via the mouth (parenterally) brings with it a significant risk of vascular bleeding at the access site, which is why the transradial approach is now being adopted more.
Therefore, as more doctors realize the advantages of transradial access and adopt this approach, the demand for the various devices used during the procedure will increase as well.
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