Hemostasis Valves Market worth $175 million by 2023

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Hemostasis Valves Market

Global Forecast to 20XX Hemostasis Valves Market is expected to reach $175 million by 2023 Growing at a CAGR of 5.8% (2018 – 2023)
The hemostasis valves market size is expected to reach USD 175 million by 2023 from USD 132 million in 2018, at a CAGR of 5.8%.

Major Market Players

Boston Scientific (US), Abbott (US), Teleflex Incorporated (US), B. Braun Melsungen (Germany), DeRoyal Industries, Inc. (US), Argon Medical (US), Freudenberg Medical (US), and Scitech (Brazil).

The hemostasis valve Y-connectors segment is expected to account for the largest market share in 2018.

On the basis of type, the hemostasis valves market is segmented into hemostasis valve Y-connectors, double Y-connector hemostasis valves, one-handed hemostasis valves, and other hemostasis valves. In 2018, the hemostasis valve Y-connectors segment is expected to account for the largest share of the hemostasis valves market. The increasing number of interventional procedures worldwide is a key factor driving the growth of this segment.

North America is estimated to command the largest share of the market in 2018.

The hemostasis valves market is segmented into four major geographic segments North America, Europe, Asia Pacific, and the Rest of the World. In 2018, North America is expected to command the largest share of the global hemostasis valves market, followed by Europe. The large share of the North American market is attributed to increasing number of interventional surgeries and rising geriatric population.

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