Vascular Closure Devices Market to Witness a Robust Growth in the Upcoming Years | Major players involved: Abbott, Teleflex Incorporated, Terumo Medical Corporation, Cardinal Health, Cardival Medical, Inc., Merit Medical Systems, Medtronic, Morris Innovat

Global Vascular Closure Devices Market was valued at USD 1.11 billion in 2021, growing at a CAGR of 6.18% during the forecast period from 2023 to 2028 to reach USD 1.59 billion by 2028. Factors such as the growing prevalence of cardiovascular disorders such as heart strokes, rising prevalence of risk factors associated with the cardiovascular diseases such as obesity and hypertension, increasing geriatric population, and the surge in the popularity of minimally invasive procedures, are expected to drive the vascular closure devices market.

DelveInsight's "Vascular Closure Devices Market Insight & Forecast" report will offer an in-depth understanding of the Vascular Closure Devices market, further benefiting the competitors or stakeholders operating in the Vascular Closure Devices arena.

Find a sample copy of the Vascular Closure Devices Market report @ https://www.delveinsight.com/sample-request/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Vascular Closure Devices Overview

Vascular closure devices (VCDs) are medical devices designed to achieve hemostasis (the prevention of bleeding) at the puncture site following catheterization procedures, particularly those involving the arterial system. These devices are crucial in interventional cardiology and other vascular interventions, helping to accelerate patient recovery and reduce the risk of complications associated with bleeding.
Here's an overview of vascular closure devices, including their types and common applications:
Types of Vascular Closure Devices:
Hemostatic Pads or Dressings:
Description: These are absorbent pads or dressings applied externally over the puncture site to facilitate clot formation and control bleeding.
Application: Commonly used for superficial access sites and often as adjuncts to other closure methods.
Suture-Mediated Closure Devices:
Description: These devices use sutures or stitches to close the arterial puncture site internally.
Application: Suitable for femoral artery access and involve the deployment of sutures through the vessel wall.
Collagen Plugs:
Description: Biodegradable collagen-based plugs are inserted into the arterial puncture site to promote hemostasis.
Application: Effective in achieving closure for femoral artery access points.
Clip-Based Closure Devices:
Description: Metallic or polymeric clips are deployed to mechanically seal the arteriotomy site.
Application: Often used for femoral artery access and can be particularly effective in achieving rapid hemostasis.
Percutaneous Closure Devices:
Description: Involves the deployment of a synthetic plug or sealant directly into the arterial puncture site.
Application: Suitable for femoral artery closure and may incorporate bioabsorbable materials.
Common Applications:
Cardiac Catheterization:
VCDs are extensively used in diagnostic and interventional cardiac procedures, including angiography and percutaneous coronary interventions.
Peripheral Vascular Interventions:
Procedures involving peripheral arteries, such as those in the legs, may also require VCDs for efficient closure.
Neurovascular Procedures:
Vascular closure devices are employed in certain neurointerventional procedures to manage arterial access points.
Radiology and Electrophysiology Procedures:
Various vascular interventions in radiology and electrophysiology may utilize VCDs for puncture site closure.

Read more about the operations & working of Vascular Closure Devices @ https://www.delveinsight.com/report-store/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Vascular Closure Devices Market Dynamics

The global demand for vascular closure devices is on the rise, driven by the increasing prevalence of cardiovascular diseases (CVDs) worldwide. According to 2021 data from the World Health Organization (WHO), CVDs stand as the foremost cause of global mortality, resulting in an estimated loss of approximately 17.9 million lives annually. The same WHO data highlights that strokes and heart attacks are the primary causes of over four out of five deaths related to cardiovascular diseases, with around one-third of these fatalities estimated to occur prematurely in individuals below 70 years of age.
Additional information from the European Society for Cardiology (ESC) in 2021 underscores the substantial impact of CVD in Europe. Each year, CVD leads to 3.9 million deaths in Europe and over 1.8 million deaths in the European Union, representing about 45% of all deaths in Europe and 37% in the European Union.
Common cardiovascular diseases encompass a range of conditions, including coronary heart disease, strokes, peripheral heart disease, and heart failure, among others. The surge in demand for vascular closure devices is a response to the urgent need for effective interventions and treatments in the face of the escalating global burden of cardiovascular diseases. As these devices play a pivotal role in mitigating complications and expediting recovery following cardiovascular procedures, their increasing adoption is anticipated to contribute to improved patient outcomes.

Interested in knowing how the Vascular Closure Devices Market will be growing by 2026? Click to get a snapshot: https://www.delveinsight.com/report-store/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Vascular Closure Devices Market Insights

In the vascular closure devices market, North America is anticipated to claim a significant market share among all regions. This projection stems from several factors, including the region's high prevalence of cardiovascular diseases and associated risk factors, a growing elderly population, heightened awareness among individuals regarding disease management, the ability to afford such devices, and other influencing factors.

Heart diseases, encompassing various indications like acute coronary syndrome, atherosclerosis, and congestive heart failure, fall under the umbrella term of cardiovascular diseases. According to data from the Centers for Disease Control and Prevention (2021), key risk factors associated with heart diseases include high blood cholesterol, high blood pressure, and smoking. The source further notes that approximately 47% of Americans have at least one of these three risk factors. This underscores the significance of the market for vascular closure devices in North America, where the prevalence of cardiovascular risk factors contributes to the region's prominence in the market landscape.

To know more about why North America is the leader in market growth for the Vascular Closure Devices market, get a snapshot of the report: https://www.delveinsight.com/report-store/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Vascular Closure Devices Market Segmentation Analysis

1. Vascular Closure Devices Market by Product Type: Active Approximators [Suture-Based, Clip-Based, and Assisted Compression Devices] and Passive Approximators [Sealant-Or-Gel-Based and Bioabsorbable Plugs], and Others
2. Vascular Closure Devices Market by Access: Femoral And Radial
2. Vascular Closure Devices Market by End User: Hospitals & Clinics, Ambulatory Surgical Centers, and Others
3. Vascular Closure Devices Market by Geography: North America, Europe, Asia-Pacific, and Rest of the World

Vascular Closure Devices Market Companies

Some of the key market players operating in the vascular closure devices market include Abbott, Teleflex Incorporated, Terumo Medical Corporation, Cardinal Health, Cardival Medical, Inc., Merit Medical Systems, Medtronic, Morris Innovative, TZ Medical, Vasorum Ltd, Tricol Biomedical, Vivasure Medical Ltd, Transluminal Technologies, W. L. Gore & Associates, Inc., Meril Life Sciences Pvt. Ltd, Gem srl others.

To understand key companies related to the Vascular Closure Devices Market, get a snapshot of the Vascular Closure Devices Regulatory and Patent Analysis, visit: https://www.delveinsight.com/report-store/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Table of Contents

1. Vascular Closure Devices Market Report Introduction
2. Vascular Closure Devices Market Executive Summary
3. Regulatory and Patent Analysis
4. Vascular Closure Devices Market Key Factors Analysis
5. Vascular Closure Devices Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Vascular Closure Devices Market
7. Vascular Closure Devices Market Layout
8. Vascular Closure Devices Market Global Company Share Analysis - Key 3-5 Companies
9. Vascular Closure Devices Market Company and Product Profiles
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight
Request the TOC of the Vascular Closure Devices Market report here https://www.delveinsight.com/sample-request/vascular-closure-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

About Us:

DelveInsight is a leading healthcare-focused market research and consulting firm that provides clients with high-quality market intelligence and analysis to support informed business decisions. With a team of experienced industry experts and a deep understanding of the life sciences and healthcare sectors, we offer customized research solutions and insights to clients across the globe. Connect with us to get high-quality, accurate, and real-time intelligence to stay ahead of the growth curve.

Contact Us:

Kritika Rehani
info@delveinsight.com
+91-9650213330
www.delveinsight.com

This release was published on openPR.