Vascular Closure Device Market Reflect Impressive Expansion with Top Vendors Like Cardiva Medical Inc. (U.S.), TERUMO Corporation (Japan), TZ Medical Inc (U.S.), Vivasure Medical Ltd. (Ireland), Cardinal Health (U.S.), ESSENTIAL MEDICAL INC (U.S.)

“Global Vascular Closure Device Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2024” has been included in the enormous research repository of Data Bridge Market Research that compiles various facets of the Vascular Closure Device market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Vascular Closure Device across the globe.
Global Vascular Closure Device Market value was 895.4 million & growing at a CAGR of 7.30% during the forecast to 2024.

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Global Vascular Closure Device Market

Vascular closure devices are used for diagnostic and psychosocial treatment and help in endovascular imaging to identify coronary artery diseases. In recent times rising preferences towards non- invasive procedure with new technological development in medical imaging will definitely help in development of this market. These improved devices will help all the healthcare facilities to extend the treatment alternatives for peripheral vascular diseases (PVD). The main aim of a vascular closure device is to make available of rapid hemostasis of the artery as well as reduce complications.

Highlights of the Study

1.To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders

2.To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

3.Key parameters which are driving this market and restraining its growth

4.What all challenges manufacturers will face as well as new opportunities and threats faced by them.

5.Learn about the market strategies that are being adopted by your competitors and leading organizations

Target Audience of Vascular Closure Devices Market:

• Manufacturer / Potential Investors

• Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.

• Association and government bodies.

Major Market Competitors/Players:

Some of the major players operating in global vascular device market are Abbott (U.S.), Transluminal Technologies (U.S.), Cardiva Medical, Inc. (U.S.), TERUMO Corporation (Japan), TZ Medical, Inc (U.S.), Vivasure Medical Ltd. (Ireland), Cardinal Health (U.S.), ESSENTIAL MEDICAL, INC, (U.S.), ENDOCOR GmbH (Germany), Vasorum Ltd. (Ireland), Morris Innovative (U.S.), Medtronic (Ireland), Vascular Closure Systems, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), St. Jude Medical, LLC ( USA) and many more.

Major Market Drivers and Restraints:

• Rising rate of cardiovascular diseases and obesity

• New technological development for ease and safety

• Growth due to geriatric population

• Preference of noninvasive procedure

• High price of vascular closure device

• Product failure and cancellation

• Adopting more of Interventional Procedures Using Radial Artery Access

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Segmentation:

• On the basis of types, global vascular closure device market is segmented into passive approximators and active approximators. Passive approximators are further divided into collagen plugs sealent or gel based whereas active approximators are sub segmented into clip and suture devices. In 2015, active approximators held majority of shares whereas in 2017, passive approximators are expected with the highest share in the vascular closure devices market.

• On the basis of access, global vascular closure device market is segmented into femoral and radial. Here, femoral vascular closure device market holds majority of shares in 2015 as compared to radial vascular closure device market and is expected to dominate in the forecast period 2017-2024

• On the basis of procedure, global vascular closure device market is segmented into interventional cardiology and radiology. Interventional cardiology is expected to dominate the market in the forecast period 2017- 2024 rise in future and would applied to related diseases such as cardiovascular diseases and obesity.

• On the basis of end user, global vascular closure device market is segmented into hospitals, ambulatory, surgical centers, clinics and others.

• On the basis of distribution channel, global vascular closure device market is segmented into direct tenders and retail.

• On the basis of geography global vascular closure device market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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Competitive Analysis:

The global vascular closure device market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vascular closure device market for global, Europe, North America, Asia Pacific and South America.

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