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Global Artery Compression Device Market

Artery Compression Device Market Size, Share & Trends Analysis Report By Product Type (Arterial and Femoral), By Mechanism (Mechanical, Pneumatic), By End-Users (Hospitals and Ambulatory Surgical Centers), Region And Segment Forecasts, 2023-2031.

Report ID : 1140 | Published : 2024-03-20 | Pages: 190 | Format:

The Artery Compression Device Market Size is valued at 105.14 Million in 2022 and is predicted to reach 232.65 Million by the year 2031 at a 9.5 % CAGR during the forecast period for 2023-2031.

Artery Compression Device Market

The Global Artery Compression Device Market is segmented on the basis of product, Mechanism, End-user, and region. Based on the product type, the artery compression device market is divided into arterial and femoral. Based on the mechanism the market is devided into mechanical and pneumatic. Based on the end-user type, the artery compression device market is divided into hospitals and ambulatory surgical centers. Based on region, the market is studied across North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. Among that, North America held the largest share of the market, followed by Europe. On the other hand, Asia-Pacific is expected to dominate the artery compression device market during the analysis of the forecast period.

Competitive Landscape

Some of The Key Players in The Artery Compression Device Market:

  • AnsCare
  • Elite Medtek Jiangsu
  • HTKD Medical
  • Imesi Italia
  • MEDAS INC
  • Merit Medical Systems
  • Perouse Medical
  • Terumo Medical
  • Other Prominent Players

The Artery Compression Device Market Report Scope

Report Attribute

Specifications

Market Size Value In 2022

USD 105.14 Million

Revenue Forecast In 2031

USD 232.65 Million

Growth Rate CAGR

CAGR of 9.5 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Million, Volume (Unit), and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Product Type, By Mechanism, By End-Users

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

AnsCare, Elite Medtek Jiangsu, HTKD Medical, Imesi Italia, MEDAS INC, Merit Medical Systems, Perouse Medical, and Terumo Medical, and Others

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

  • AnsCare
  • Elite Medtek Jiangsu
  • HTKD Medical
  • Imesi Italia
  • MEDAS INC
  • Merit Medical Systems
  • Perouse Medical
  • Terumo Medical

Global Artery Compression Device Market Segmentation:

Global Artery Compression Device Market by Product Type

  • Arterial
  • Femoral

Artery Compression Device Market

Global Artery Compression Device Market by Mechanism

  • Mechanical
  • Pneumatic

Global Artery Compression Device Market by End-user

  • Hospitals
  • Ambulatory Surgical Centers

Global Artery Compression Device Market Based on Region

Europe Artery Compression Device Market Outlook 2019-2030 by Country

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America Artery Compression Device Market Outlook 2019-2030 by Country

  • U.S.
  • Canada

Asia Pacific Artery Compression Device Market Outlook 2019-2030 by Country

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Artery Compression Device Market Outlook 2019-2030 by Country

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Artery Compression Device Market Outlook 2019-2030 by Country

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Artery Compression Device Market Size?

The Artery Compression Device is expected to grow at a 9.5 % CAGR during the forecast period for 2023-2031.

AnsCare, Elite Medtek Jiangsu, HTKD Medical, Imesi Italia, MEDAS INC, Merit Medical Systems, Perouse Medical, and Terumo Medical, and Others

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