Global Arteriotomy Closure Devices Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

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How Big Is the Arteriotomy Closure Devices Market Size Expected to Be by 2034?
In recent years, the arteriotomy closure devices market has seen considerable growth. The market size is projected to increase from $1.61 billion in 2024 to $1.73 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. Factors that contributed to this growth during the historic period include the rising number of minimally invasive surgeries, an increase in cardiovascular diseases, more frequent use of catheterization procedures, a growing elderly population, and the need for faster recovery times.

Expectations are high for a robust growth in the arteriotomy closure devices sector, with predictions pointing to an increase to $2.26 billion by 2029, at a compound annual growth rate (CAGR) of 7.0%. This promising outlook can be attributed to factors such as the escalating occurrences of atherosclerosis, increasing cases of coronary artery diseases, heightened emphasis on the safety and comfort of patients, the expansion of healTH*Care infrastructure in developing economies, and a surging demand for ambulatory surgical centers. Future trends to look out for during this projected growth period encompass the adoption of minimally invasive techniques, usage of bioresorbable materials, the incorporation of automation in closure procedures, enhancement of procedural efficiency, and breakthroughs in closure devices for large arterial punctures.

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What Are the Emerging Segments Within the Arteriotomy Closure Devices Market?
The arteriotomy closure devices market covered in this report is segmented -

1) By Product: Active Closure Devices, Passive Closure Devices
2) By Application: Femoral Arterial Access Procedures, Radial Arterial Access Procedures
3) By End User: Hospitals, Ambulatory Care Centers, Other End Users

Subsegments:
1) By Active Closure Devices: Suture-Based Devices, Staple-Based Devices, Vascular Closure Devices With Collagen Or Hemostatic Agents, Balloon-Based Devices
2) By Passive Closure Devices: Compression Devices, Hemostatic Patches Or Sponges, Vascular Plugs Or Plugs

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What Long-Term Drivers Are Shaping Arteriotomy Closure Devices Market Trends?
The arteriotomy closure devices market is anticipated to experience growth due to the rise in cases of cardiovascular diseases (CVDs). CVDs involve various disorders that cause health complications in the heart and blood vessels. These diseases have become more common due to the spike in risk factors such as poor dietary habits, lack of physical activity, and an increase in obesity alongside an aging population. Arteriotomy closure devices play a crucial role in cardiovascular treatments as they can promptly and securely seal arterial puncture sites. This helps to avoid complications and boost recovery following procedures like angioplasties and catheterizations. For example, the British Heart Foundation, in September 2024, reported that around 7.6 million people in the UK, consisting of 4 million men and 3.6 million women, are currently suffering from heart and circulatory diseases. They speculate this figure could elevate by a million by 2030 and may reach 2 million more than the present numbers by 2040. Hence, the rise in cases of cardiovascular diseases (CVDs) is fueling the expansion of the arteriotomy closure devices market.

Who Are the Top Competitors in Key Arteriotomy Closure Devices Market Segments?
Major companies operating in the arteriotomy closure devices market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Terumo Corporation, Teleflex Incorporated, Cook Medical Incorporated, Lepu Medical Technology (Beijing) Co. Ltd., Meril Life Sciences Pvt. Ltd., Haemonetics Corporation, Cordis Corporation, Asahi Intecc Co. Ltd., LeMaitre Vascular Inc., Cardiva Medical Inc., AccessClosure Inc., Vasorum Limited, Invamed (Pty) Ltd., Artio Medical Inc., SUTUREGARD Medical Inc., Vivasure Medical

What Actigraphy Devices Market Trends Are Gaining Traction Across Different Segments?
Firms leading in the arteriotomy closure devices market are concentrating on product novelty to boost process efficacy, improve patient results, and satisfy the growing demand for minimally invasive vascular access strategies. A mid-bore venous closure tool is a medical instrument crafted to close venous access openings made by mid-sized catheters or sheaths, thus encouraging hemostasis and aiding in patient recuperation post-intervention operations. For example, in June 2024, Haemonetics Corp, a health services firm from the United States, broadened its VASCADE offerings with the introduction of the VASCADE MVP XL mid-bore venous closure gadget. This instrument, adapted for larger sheaths (10-12F, up to 15F outer diameter) used in processes like cryoablation, embeds 58% additional collagen and a bigger collapsible disc for rapid hemostasis. This novel addition to Haemonetics' current range of small- and mid-bore vascular closure techniques emphasizes the firm's supremacy in advanced closure technologies.

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Which Regions Are Becoming Hubs for Arteriotomy Closure Devices Market Innovation?
North America was the largest region in the arteriotomy closure devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arteriotomy closure devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Arteriotomy Closure Devices Market?
2. What is the CAGR expected in the Arteriotomy Closure Devices Market?
3. What Are the Key Innovations Transforming the Arteriotomy Closure Devices Industry?
4. Which Region Is Leading the Arteriotomy Closure Devices Market?

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