Global Radial Artery Compression Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Band/Strap Based Devices, Knob-Based Devices, Plate-Based Devices, and Others

By Usage;

Disposable Devices and Reusable Devices

By Mechanism;

Baby Hamster Kidney (BHK), Purified Chick Embryo Cell Rabies Vaccine, Vero Cell Rabies Vaccine, and Other Product Types

By Size;

Small, Medium, Large, and Other Sizes

By End User;

Hospitals, Clinics, Ambulatory Centers, and Cath Lab

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn151970415 Published Date: May, 2025 Updated Date: June, 2025

Radial Artery Compression Devices Market Overview

Radial Artery Compression Devices Market (USD Million)

Radial Artery Compression Devices Market was valued at USD 331.63 million in the year 2024. The size of this market is expected to increase to USD 560.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.


Global Radial Artery Compression Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.8 %
Market Size (2024)USD 331.63 Million
Market Size (2031)USD 560.85 Million
Market ConcentrationMedium
Report Pages339
331.63
2024
560.85
2031

Major Players

  • Terumo Corporation
  • Merit Medical Systems, Inc.
  • Medtronic plc
  • Abbott Laboratories
  • Teleflex Incorporated
  • Cardinal Health, Inc.
  • Boston Scientific Corporation
  • BD (Becton, Dickinson and Company)
  • Advanced Vascular Dynamics
  • Vascular Solutions, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Radial Artery Compression Devices Market

Fragmented - Highly competitive market without dominant players


The radial artery compression devices market is experiencing significant growth, driven by the increasing preference for radial artery access in cardiovascular procedures. This shift is attributed to the reduced risk of complications and quicker patient recovery associated with radial access. Recent studies indicate that radial access has become the preferred method for many interventional cardiologists, underscoring the growing reliance on effective compression devices to manage post-procedural hemostasis.

Technological Innovations Enhancing Device Efficacy
Advancements in device technology are propelling market expansion. Modern compression devices now offer features such as precise pressure control and enhanced patient comfort. These innovations have led to improved clinical outcomes and increased adoption in various healthcare settings. The continuous evolution of device design reflects the industry's commitment to addressing clinical needs effectively.

Rising Prevalence of Cardiovascular Procedures
The escalating incidence of cardiovascular diseases has led to a higher volume of percutaneous coronary interventions (PCIs), thereby amplifying the demand for radial artery compression devices. The preference for radial access in these procedures necessitates reliable compression solutions to ensure patient safety and procedural success.

Adoption in Outpatient and Ambulatory Settings
The trend towards minimally invasive procedures has extended the use of radial artery compression devices beyond traditional hospital settings. Ambulatory care centers and outpatient facilities are increasingly adopting these devices, benefiting from their ease of use and the reduced recovery time they offer patients.

Projected Market Growth and Future Outlook
The radial artery compression devices market is poised for continued growth, fueled by technological advancements, increasing procedural volumes, and the global emphasis on minimally invasive interventions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Usage
    3. Market Snapshot, By Mechanism

    4. Market Snapshot, By Size

    5. Market Snapshot, By End-User
    6. Market Snapshot, By Region
  4. Radial Artery Compression Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Adoption of Transradial Access
        2. Technological Advancements in Device Design
        3. Improved Patient Outcomes
      2. Restraints
        1. Learning Curve Associated with Transradial Access
        2. Variations in Patient Anatomy
        3. Regulatory and Reimbursement Challenges
      3. Opportunities
        1. Standardization of Transradial Access Protocols
        2. Physician Training Programs Enhancement
        3. Addressing Regulatory Hurdles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Radial Artery Compression Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Band/Strap Based Devices
      2. Knob-Based Devices
      3. Plate-Based Devices
      4. Others
    2. Radial Artery Compression Devices Market, By Usage, 2021 - 2031 (USD Million)
      1. Disposable Devices
      2. Reusable Devices
    3. Radial Artery Compression Devices Market, By Mechanism, 2021 - 2031 (USD Million)

      1. Baby Hamster Kidney (BHK)

      2. Purified Chick Embryo Cell Rabies Vaccine

      3. Vero Cell Rabies Vaccine

      4. Other Product Types

    4. Radial Artery Compression Devices Market, By Size, 2021 - 2031 (USD Million)

      1. Small

      2. Medium

      3. Large

      4. Other Sizes

    5. Radial Artery Compression Devices Market, By End-User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
      3. Ambulatory Centers
      4. Cath Lab
    6. Radial Artery Compression Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Terumo Corporation
      2. Merit Medical Systems Inc.
      3. Medtronic plc
      4. Abbott Laboratories
      5. Teleflex Incorporated
      6. Cardinal Health Inc.
      7. Boston Scientific Corporation
      8. BD (Becton, Dickinson and Company)
      9. Advanced Vascular Dynamics
      10. Vascular Solutions Inc.
  7. Analyst Views
  8. Future Outlook of the Market