Increasing Number of Interventional Procedures to Drive Hemostasis Valve Market Growth During the Forecast Period

The study involved four major activities to estimate the current market size for the global hemostasis valves market. 

Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Then, both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

The hemostasis valves market is projected to grow from USD 132 million in 2018 to USD 175 million by 2023, at a CAGR of 5.8% during the forecast period. Growth in the hemostasis valves market is mainly driven by the increasing number of interventional procedures.

North America is one of the major revenue-generating regions in the global hemostasis valves market. The large share of the North American market is attributed to increasing number of interventional surgeries and rising geriatric population.

Hemostasis Valves Market, By Type

§  Hemostasis Valve Y-connectors

§  Double Y-connector Hemostasis Valves

§  One-handed Hemostasis Valves

§  Other Hemostasis Valves

Hemostasis Valves Market, By Application

§  Angiography

§  Angioplasty

Hemostasis Valves Market, By End User

§  Hospitals

§  Other End Users 

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