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India Radial Artery Compression Devices Market

ID: MRFR/HC/49228-HCR
200 Pages
Rahul Gotadki
October 2025

India Radial Artery Compression Devices Market Research Report By Product Type (Band/Strap Based Devices, Knob-Based Devices, Plate-Based Devices), By Usage (Disposable Devices, Reusable Devices) and By End User (Hospitals, Clinics, Ambulatory Centers, Cath Lab)-Forecast to 2035

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India Radial Artery Compression Devices Market Summary

As per MRFR analysis, the radial artery-compression-devices market size was estimated at 23.2 USD Million in 2024. The radial artery-compression-devices market is projected to grow from 25.08 USD Million in 2025 to 54.64 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.1% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India radial artery-compression-devices market is poised for growth driven by technological advancements and increasing healthcare demands.

  • Technological advancements in radial artery-compression devices are enhancing patient outcomes and procedural efficiency.
  • The largest segment in this market is the hospital segment, which is experiencing steady growth due to rising healthcare investments.
  • The fastest-growing segment is the outpatient segment, reflecting a shift towards minimally invasive procedures and patient-centric care.
  • Key market drivers include the increasing number of cardiovascular procedures and the rising incidence of lifestyle diseases.

Market Size & Forecast

2024 Market Size 23.2 (USD Million)
2035 Market Size 54.64 (USD Million)

Major Players

Terumo Corporation (JP), Abbott Laboratories (US), Boston Scientific Corporation (US), Medtronic plc (IE), Cardinal Health, Inc. (US), B. Braun Melsungen AG (DE), Teleflex Incorporated (US), Smiths Medical (US), AngioDynamics, Inc. (US)

India Radial Artery Compression Devices Market Trends

The radial artery-compression-devices market is currently experiencing notable growth, driven by advancements in medical technology and an increasing emphasis on patient safety during procedures. The devices are primarily utilized in various medical settings, including hospitals and outpatient clinics, where they play a crucial role in managing arterial access sites post-intervention. The rising prevalence of cardiovascular diseases in India has led to a heightened demand for effective and reliable compression solutions, which are essential for minimizing complications and enhancing patient recovery. Furthermore, the integration of innovative materials and designs in these devices is likely to improve their efficacy and user-friendliness, thereby attracting more healthcare providers to adopt them. In addition, regulatory support and initiatives aimed at improving healthcare infrastructure in India are expected to bolster the radial artery-compression-devices market. The government’s focus on enhancing healthcare accessibility and quality is likely to create a conducive environment for the introduction of advanced medical devices. As healthcare professionals increasingly recognize the importance of effective post-procedural care, the demand for radial artery-compression devices is anticipated to rise. This trend suggests a promising outlook for manufacturers and suppliers in the market, as they seek to meet the evolving needs of healthcare providers and patients alike.

Technological Advancements

The radial artery-compression-devices market is witnessing a surge in technological innovations. Manufacturers are increasingly focusing on developing devices that incorporate advanced materials and ergonomic designs. These enhancements aim to improve the comfort and effectiveness of compression, thereby reducing the risk of complications during recovery. As healthcare providers seek to adopt more efficient solutions, the integration of technology into these devices is likely to play a pivotal role in shaping market dynamics.

Regulatory Support

Regulatory frameworks in India are evolving to support the development and distribution of medical devices, including those used in the radial artery-compression-devices market. The government is implementing policies that encourage innovation while ensuring patient safety. This supportive environment is expected to facilitate the entry of new products and technologies, ultimately enhancing the availability of effective compression solutions in healthcare settings.

Growing Awareness of Patient Safety

There is an increasing awareness among healthcare professionals regarding the importance of patient safety in post-procedural care. This trend is driving the demand for radial artery-compression devices, as they are essential for minimizing complications associated with arterial access. As medical practitioners prioritize effective recovery strategies, the market for these devices is likely to expand, reflecting a shift towards more comprehensive patient care.

India Radial Artery Compression Devices Market Drivers

Government Initiatives and Funding

Government initiatives aimed at improving healthcare infrastructure in India are a crucial driver for the radial artery-compression-devices market. The Indian government has launched various programs to enhance access to quality healthcare, which includes funding for advanced medical technologies. In 2025, the government is expected to allocate substantial resources to upgrade healthcare facilities, particularly in rural areas. This investment is likely to increase the availability of radial artery-compression devices in hospitals and clinics, thereby expanding the market. Additionally, public-private partnerships are fostering innovation and accessibility, which may further stimulate growth in the radial artery-compression-devices market.

Increasing Cardiovascular Procedures

The rise in cardiovascular procedures in India is a pivotal driver for the radial artery-compression-devices market. As healthcare facilities expand their capabilities, the demand for effective and safe arterial access methods increases. In 2025, it is estimated that cardiovascular diseases will account for approximately 30% of all deaths in India, necessitating advanced medical interventions. This trend indicates a growing need for radial artery-compression devices, which enhance patient safety and recovery times. Furthermore, the Indian healthcare sector is projected to reach $372 B by 2022, reflecting a robust investment in medical technologies. Consequently, the radial artery-compression-devices market is likely to experience significant growth as hospitals and clinics adopt these devices to improve procedural outcomes.

Rising Incidence of Lifestyle Diseases

The increasing prevalence of lifestyle diseases in India, such as diabetes and hypertension, is driving the demand for the radial artery-compression-devices market. These conditions often lead to cardiovascular complications, necessitating more frequent diagnostic and interventional procedures. Reports suggest that by 2025, nearly 75 million people in India will be living with diabetes, which correlates with a higher incidence of heart-related issues. As healthcare providers seek to manage these conditions effectively, the adoption of radial artery-compression devices becomes essential. The market is expected to grow as these devices facilitate safer and more efficient access to the arterial system, thereby improving patient outcomes and reducing recovery times.

Technological Innovations in Medical Devices

Technological advancements in medical devices are significantly influencing the radial artery-compression-devices market. Innovations such as improved materials, enhanced design, and integration with digital health technologies are making these devices more effective and user-friendly. For instance, the introduction of devices that provide real-time feedback during procedures is likely to enhance their adoption among healthcare professionals. The Indian medical device market is projected to grow at a CAGR of 15% from 2020 to 2025, indicating a strong trend towards modernization. As hospitals and clinics invest in cutting-edge technologies, the demand for advanced radial artery-compression devices is expected to rise, thereby propelling market growth.

Growing Focus on Minimally Invasive Procedures

The increasing emphasis on minimally invasive procedures in India is driving the radial artery-compression-devices market. These procedures are associated with reduced recovery times, lower risk of complications, and improved patient satisfaction. As healthcare providers aim to enhance patient care, the adoption of radial artery-compression devices becomes more prevalent. The market is projected to grow as more hospitals incorporate these devices into their standard practices. In 2025, it is anticipated that minimally invasive techniques will account for over 50% of all cardiovascular procedures in India, highlighting the potential for radial artery-compression devices to play a critical role in this evolving landscape.

Market Segment Insights

India Radial Artery Compression Devices Market Segment Insights

India Radial Artery Compression Devices Market Segment Insights

Radial Artery Compression Devices Market Product Type Insights

Radial Artery Compression Devices Market Product Type Insights

The India Radial Artery Compression Devices Market showcases a diversified landscape, particularly through its classification by Product Type. Among these, Band/Strap Based Devices have emerged as a popular choice due to their ease of use and efficient pressure application, which is crucial for achieving hemostasis after a radial artery procedure. These devices are designed for quick deployment and are often favored in clinical settings, reflecting their importance in enhancing patient comfort and safety.

Knob-Based Devices are another significant component within this market segment, recognized for offering adjustable compression levels, allowing healthcare providers to tailor pressure more precisely according to an individual's needs.Such adaptability can lead to better clinical outcomes and reduced instances of complications, which is critical in the Indian healthcare context where precision in treatment is increasingly valued. Meanwhile, Plate-Based Devices are gaining traction for their stability and ability to distribute pressure evenly across the access site, minimizing the risk of vascular complications.

The rising prevalence of cardiovascular diseases in India and the growing awareness of minimally invasive procedures are key trends driving the demand for these devices. Given the uniqueness of the Indian market, which is influenced by both urbanization and an increase in lifestyle-related health issues, the necessity for innovative and effective radial compression solutions has never been greater. This environment fosters opportunities for advancements in design and functionality within each of these product types, driving further exploration and investment in the India Radial Artery Compression Devices Market.

Radial Artery Compression Devices Market Usage Insights

Radial Artery Compression Devices Market Usage Insights

The India Radial Artery Compression Devices Market is witnessing significant growth, particularly within the Usage segment, which is categorized into Disposable Devices and Reusable Devices. Disposable devices are gaining popularity due to their convenience and the increased emphasis on infection control in healthcare settings. Hospitals and clinics are increasingly acquiring disposable options to minimize the risk of cross-contamination and enhance patient safety. On the other hand, reusable devices maintain a strong presence due to their cost-effectiveness and durability, particularly in facilities with high patient throughput.Regional healthcare initiatives in India aim to improve accessibility to medical devices, further influencing market trends.

As the awareness of the benefits of advanced arterial compression technology expands among healthcare professionals, demand for both disposable and reusable devices is likely to rise. The evolution of these devices, incorporating innovative materials and designs, places them at the forefront of modern medical practices, helping to streamline procedures and improve patient outcomes. Overall, the India Radial Artery Compression Devices Market segmentation reveals key insights into consumer preferences and the underlying healthcare dynamics shaping the landscape.

Radial Artery Compression Devices Market End User Insights

Radial Artery Compression Devices Market End User Insights

The End User segment of the India Radial Artery Compression Devices Market is crucial for understanding the dynamics of this rapidly evolving industry. Hospitals represent a significant utilization point for these devices, primarily due to the increasing number of cardiovascular procedures being performed. In addition, clinics have also been pivotal as they cater to a growing patient base that seeks outpatient care, thus generating demand for efficient and less invasive compression solutions.

Ambulatory Centers have emerged as vital players, providing convenient options for patients and promoting faster recovery times, which enhances patient satisfaction and operational efficiency.Furthermore, Cath Labs serve as specialized environments critical for the application of radial artery compression devices, catering to intricate diagnostic and therapeutic procedures. The increasing prevalence of cardiovascular diseases in India is a primary growth driver for these segments, while the focus on advanced healthcare technologies and patient-centered care continues to shape their market landscape.

The strategic positioning of these end users illustrates their importance in facilitating better health outcomes, thus underpinning the growth of the India Radial Artery Compression Devices Market.

Get more detailed insights about India Radial Artery Compression Devices Market

Key Players and Competitive Insights

The radial artery-compression-devices market in India is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and regional expansion. Key players such as Terumo Corporation (Japan), Abbott Laboratories (US), and Boston Scientific Corporation (US) are actively enhancing their market presence through various strategic initiatives. Terumo Corporation (Japan) focuses on technological advancements in their compression devices, aiming to improve patient outcomes and streamline procedures. Meanwhile, Abbott Laboratories (US) emphasizes a robust pipeline of innovative products, which positions them favorably in a market that values cutting-edge solutions. Boston Scientific Corporation (US) is also notable for its commitment to expanding its product offerings, thereby enhancing its competitive edge in the sector.

The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains, which are crucial in a market that is moderately fragmented. This fragmentation allows for a diverse range of products and services, yet the influence of major players remains significant. By leveraging local manufacturing capabilities, companies can reduce costs and improve responsiveness to market demands, thereby enhancing their competitive positioning.

In August 2025, Terumo Corporation (Japan) announced the launch of a new radial artery compression device designed to minimize complications during cardiac procedures. This strategic move is likely to bolster their market share by addressing specific needs within the Indian healthcare system, where the demand for safer and more efficient medical devices is on the rise. The introduction of this device not only showcases Terumo's commitment to innovation but also reflects a broader trend towards enhancing patient safety in medical procedures.

In September 2025, Abbott Laboratories (US) entered into a strategic partnership with a leading Indian healthcare provider to enhance the distribution of its radial artery-compression devices. This collaboration is expected to significantly expand Abbott's reach within the Indian market, allowing for better access to their innovative products. Such partnerships are indicative of a growing trend where companies seek to leverage local expertise to navigate the complexities of the Indian healthcare landscape effectively.

In October 2025, Boston Scientific Corporation (US) reported a significant investment in a new manufacturing facility in India, aimed at increasing production capacity for its radial artery-compression devices. This investment not only demonstrates Boston Scientific's long-term commitment to the Indian market but also highlights the importance of supply chain reliability in maintaining competitive advantage. By enhancing local production capabilities, the company is likely to improve its responsiveness to market demands and reduce lead times for product delivery.

As of November 2025, the competitive trends within the radial artery-compression-devices market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) into product development. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing market presence. Looking ahead, it appears that competitive differentiation will increasingly pivot from price-based strategies to a focus on technological advancements, innovative solutions, and reliable supply chains. This shift suggests a dynamic evolution in the market, where companies that prioritize innovation and operational efficiency are likely to emerge as leaders.

Key Companies in the India Radial Artery Compression Devices Market market include

Industry Developments

The India Radial Artery Compression Devices Market has recently seen notable developments. In September 2023, Humares expanded its distribution network in India to cater to the increasing demand for radial artery compression solutions, enhancing accessibility for healthcare facilities. Vascular Solutions launched an innovative radial compression device in October 2023 aimed at improving patient comfort post-procedure. The growth in the market valuation, driven by rising healthcare expenditures and increasing cardiovascular procedures, has positively impacted companies such as Boston Scientific and Medtronic, which are investing in advanced technologies.

Moreover, in June 2023, Cook Medical announced a strategic partnership with a local medical group to improve the distribution of its radial compression products across Indian regions, further solidifying its presence. The last two years have witnessed significant expansions, with Philips Healthcare making moves in August 2022 to promote its advanced systems within India’s healthcare framework. Companies like Raumedic AG and Terumo Corporation have also been enhancing their product portfolios through technology advancements, projecting a promising growth trajectory for the Radial Artery Compression Devices Market in India.

 

Future Outlook

India Radial Artery Compression Devices Market Future Outlook

The radial artery-compression-devices market in India is projected to grow at 8.1% CAGR from 2024 to 2035, driven by technological advancements and increasing healthcare investments.

New opportunities lie in:

  • Development of portable compression devices for home healthcare settings.
  • Partnerships with hospitals for integrated device management solutions.
  • Expansion into telemedicine platforms for remote monitoring and support.

By 2035, the market is expected to achieve substantial growth, reflecting evolving healthcare needs.

Market Segmentation

India Radial Artery Compression Devices Market Usage Outlook

  • Disposable Devices
  • Reusable Devices

India Radial Artery Compression Devices Market Product Outlook

  • Band/Strap Based Devices
  • Knob-Based Devices
  • Plate-Based Devices
  • Others

India Radial Artery Compression Devices Market End User Outlook

  • Hospitals
  • Clinics
  • Ambulatory Centers
  • Cath lab
  • Others

Report Scope

MARKET SIZE 202423.2(USD Million)
MARKET SIZE 202525.08(USD Million)
MARKET SIZE 203554.64(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.1% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledTerumo Corporation (JP), Abbott Laboratories (US), Boston Scientific Corporation (US), Medtronic plc (IE), Cardinal Health, Inc. (US), B. Braun Melsungen AG (DE), Teleflex Incorporated (US), Smiths Medical (US), AngioDynamics, Inc. (US)
Segments CoveredProduct, Usage, End User
Key Market OpportunitiesAdvancements in minimally invasive procedures drive demand for innovative radial artery-compression-devices.
Key Market DynamicsRising demand for minimally invasive procedures drives innovation in radial artery-compression-devices within the Indian market.
Countries CoveredIndia

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FAQs

What is the expected market size of the India Radial Artery Compression Devices Market by 2024?

The India Radial Artery Compression Devices Market is expected to be valued at 29.0 million USD in 2024.

What is the projected market size of the India Radial Artery Compression Devices Market by 2035?

By 2035, the market is projected to reach approximately 136.0 million USD.

What is the expected CAGR for the India Radial Artery Compression Devices Market from 2025 to 2035?

The market is anticipated to grow at a CAGR of 15.083% during the period from 2025 to 2035.

What are the main product types in the India Radial Artery Compression Devices Market?

The main product types include Band/Strap Based Devices, Knob-Based Devices, and Plate-Based Devices.

How is the Band/Strap Based Devices segment expected to perform by 2035?

The Band/Strap Based Devices segment is expected to be valued at 47.0 million USD by 2035.

What is the 2024 market value of Knob-Based Devices in this market?

The Knob-Based Devices segment is valued at 9.0 million USD in 2024.

What is the growth potential for Plate-Based Devices by the year 2035?

The Plate-Based Devices segment is projected to reach a value of 46.0 million USD by 2035.

Who are some of the key players in the India Radial Artery Compression Devices Market?

Major players include Humares, Vascular Solutions, Boston Scientific, and Medtronic among others.

What opportunities exist in the India Radial Artery Compression Devices Market?

The market presents opportunities driven by advancements in healthcare technology and increasing healthcare needs.

What challenges might the India Radial Artery Compression Devices Market face?

Potential challenges include regulatory hurdles and competition from alternative devices in the healthcare sector.

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