Vascular Closure Devices Market - Trends Forecast Till 2028

Vascular Closure Devices Market by Type (Passive Approximators, Active Approximators, External Hemostatic Devices), Access (Femoral, Radial), Procedure (Interventional Cardiology, Interventional Radiology/Vascular Surgery), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-HC-VCDM-906

Format:  

Number of Pages: 409

Domain: Healthcare

Vascular Closure Devices Market – Trends Forecast Till 2028

The Vascular Closure Devices market size is projected to reach a CAGR of 7.2% from 2021 to 2028.

After the angioplasty the puncher so caused in the artery is sealed by using a piece of either collagen, metal strip or a suture. It is a mechanical stitch which gets dissolve in about 60-90 days. The collagen used is made up of sponge.

Higher incidence of cardio vascular disease along with the surge in obese population are some of the factors that have supported long-term expansion for Vascular Closure Devices Market.

COVID-19 had a negative effect on the market, due to the lockdown conditions all across the globe the patients were not able to visit the hospitals and thus the market was negatively affected.

Vascular Closure Devices Market Research Report

North America is the most rapidly growing market and offers a huge opportunity as because the prevalence of cardiovascular disease in people is on a rise

Vascular Closure Devices Market is segmented into Type, Access, Procedure and region.

On the basis of Type

  • Passive Approximators
    • Collagen Plugs
    • Sealant or Gel-based Devices
    • Compression Assist Devices
  • Active Approximators
    • Suture-based Devices
    • Clip-based Devices
  • External Hemostatic Devices                                                

On the basis of Access

  • Femoral Access
  • Radial Access

On the basis of Procedure

  • Interventional Cardiology
  • Interventional Radiology/Vascular Surgery

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Vascular Closure Devices Market Primary Respondent

 

Key Players

  • Terumo Corporation
  • Abbott
  • Cardinal Health
  • Cardiva Medical, Inc.
  • Medtronic Plc.
  • Morris Innovative, Inc.
  • Teleflex Incorporated
  • Merit Medical Systems, Inc.
  • Vasorum Ltd.
  • TZ Medical, Inc.
  • Vivasure Medical Ltd.
  • Tricol Biomedical
  • Scion Biomedical
  • Advanced Vascular Dynamics

Recent Developments

  • In 2021, PerQseal Blue a product of Vivasure Medical Ltd is under development by the company.
  • In June 2021, In 2021, Abbott took over Walk Vascular, LLC in order to expand its portfolio of peripheral vascular devices.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Vascular Closure Devices s Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 7.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2022 to 2028

Report Segmentation

Type, Access, Procedure and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Terumo Corporation , Abbott , Cardinal Health , Cardiva Medical, Inc. , Medtronic Plc , Morris Innovative, Inc. , Teleflex Incorporated , Merit Medical Systems, Inc. , Vasorum Ltd. , TZ Medical, Inc. , Vivasure Medical Ltd. , Tricol Biomedical , Scion Biomedical , Advanced Vascular Dynamics , Marine Polymer Technologies, Inc. , Transluminal Technologies , Rex Medical , Meril Life Sciences Pvt. Ltd., Medas USA

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