Press release
Vascular Closure Devices Market: Advancements in Minimally Invasive Techniques Driving Market Growth
The production and sale of devices used to close punctures in blood vessels following diagnostic or therapeutic procedures is referred to as the vascular closure devices market. Vascular closure devices are used in these procedures to reduce the risk of bleeding, hematoma formation, and other complications. The growing number of minimally invasive diagnostic and therapeutic procedures that require vascular access, as well as the increased emphasis on patient safety and shorter hospital stays, are driving up demand for vascular closure devices. Technological advancements, such as the development of new vascular closure devices and the incorporation of digital technologies into the manufacturing process, are also driving the market.The market for vascular closure devices is divided into several types, including suture-based devices, collagen-based devices, and others. Because of their widespread use and proven effectiveness, suture-based devices are expected to dominate the market.
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Key Segments in Vascular Closure Devices Industry Research
By Type :
Active Approximators
Passive Approximators
External Hemostatic Devices
By Access :
Femoral
Radial
By Procedure :
Interventional Cardiology
Interventional Radiology/Vascular Surgeries
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
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Digital transformation in healthcare presenting opportunities for Vascular Closure Devices Market market growth
Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.
Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Vascular Closure Devices Market market.
Competitive Landscape :
Manufacturers of vascular closure devices are expected to prioritize novel product innovation and hasten the launch of these new products in order to boost their sales potential.
The VASCADE MVP® Venous Vascular Closure System was introduced by renowned medical technology company Haemonetics Corporation in September 2021.
Teflex Incorporated, a producer of specialized surgical instruments, declared in May 2022 that Health Canada had given the Manta vascular closure device its seal of approval. With this approval, Teflex is anticipated to market and introduce the Manta closure device for patients in Canada.
Key Companies Profiled
Terumo Corporation
Advanced Vascular Dynamics
Abbott Laboratories
Cardiva Medical Inc.
Morris Innovative Inc.
Transluminal Technologies
Teleflex Incorporated
Merit Medical Systems Inc.
Medas USA
Vygon Company
Vasorum Ltd.
TZ Medical Inc.
Medtronic Plc
Vivasure Medical Ltd.
Tricol Biomedical
Scion Biomedical
Marine Polymer Technologies Inc.
Rex Medical
Cardinal Health
Meril Life Sciences Pvt. Ltd.
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Key Vascular Closure Devices Market survey highlights and projections
Despite covid-19 outbreak causing enormous strain in the healthcare sector, the Vascular Closure Devices Market market valuation is expected to total us$ Vascular Closure Devices Market 1.1 Billion by 2031.
Driven by higher investment in innovation, the u.s. Will emerge as the dominant Vascular Closure Devices Market market in north america, accounting for x% of overall sales registered in 2021.
(segment name) will continue to dominate in terms of (segment type), accounting for (percentage) of Vascular Closure Devices Market sales registered in (give year)
With the presence of some of the world's leading healthcare companies, coupled with high spending on hospital services, the u.k. And germany will emerge as highly lucrative pockets in europe.
Investment towards healthcare sector expansion and focus on medical tourism will make china, japan, and south korea key markets within east asia.
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Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
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