Comprehensive Arteriotomy Closure Devices Market Forecast 2025-2034: Growth Trends and Strategic Shifts

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Arteriotomy Closure Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there's been a significant expansion in the arteriotomy closure devices market size. This market is projected to increase from $1.61 billion in 2024 to $1.72 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. Factors such as the surge in minimally invasive surgeries, the increasing occurrence of cardiovascular diseases, a higher uptake of catheterization procedures, a growing aging demographic, and the requirement for swifter recovery periods contributed to this growth during the historic period.

Arteriotomy Closure Devices Market Size Forecast: What's the Projected Valuation by 2029?
In the upcoming years, the arteriotomy closure devices market is slated to witness robust expansion. The market value is projected to reach $2.24 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. The surge during the projected period can be linked to factors such as escalating cases of atherosclerosis, an increase in coronary artery diseases, a heightened emphasis on patient safety and comfort, an expanding healthcare infrastructure in evolving economies and a burgeoning demand for ambulatory surgical centers. Key trends aligning with the forecast period are the usage of minimally invasive techniques, the utilization of bioresorbable materials, the incorporation of automation into closure procedures, enhancements in procedural efficiency, and creative advancements in closure devices for large arterial punctures.

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What Are the Drivers Transforming the Arteriotomy Closure Devices Market?
The arteriotomy closure devices market is projected to advance with the heightened occurrence of cardiovascular diseases (CVDs). CVDs, encompassing a variety of disorders impacting the heart and blood vessels, are witnessing an increased prevalence largely due to rising instances of elements such as unhealthy diets, lack of physical activity, obesity, and an aging demographic. The function of arteriotomy closure devices is pivotal in cardiovascular treatments as they promptly and securely close the puncture sites in arteries, leading to fewer complications and better post-procedure recovery following procedures like angioplasties and catheterizations. For example, the British Heart Foundation, a UK-based cardiovascular research charity, reported in 2024 that roughly 7.6 million people in the UK, including 4 million men and 3.6 million women, are afflicted by heart and circulatory diseases. It's projected that this figure could rise by 1 million by 2030, and by 2040, there could be an additional 2 million individuals compared to today's figures. As such, the escalating prevalence of CVDs is propelling the growth of the arteriotomy closure devices market.

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Which Fast-Growing Trends Are Poised to Disrupt the Arteriotomy Closure Devices Market?
Top companies in the market for arteriotomy closure devices are turning their focus towards developing innovative products that can increase procedural efficiency, enhance patient results, and fulfill the growing demand for minimally invasive vascular access alternatives. A medical device called a mid-bore venous closure device is designed to close venous access points created by medium-sized sheaths or catheters, thereby supporting hemostasis and facilitating patient healing post-interventional procedures. For example, Haemonetics Corp, a healthcare organization from the United States, extended its VASCADE portfolio by introducing the VASCADE MVP XL mid-bore venous closure device in June 2024. Developed for larger sheaths (10-12F, and up to 15F in outer diameter) used in procedures like cryoablation, it features 58% more collagen and a bigger collapsible disk to quickly achieve hemostasis. This latest addition to their small- to mid-bore vascular closure solutions demonstrates Haemonetics' leading role in developing cutting-edge closure technologies.

Which Segments in the Arteriotomy Closure Devices Market Offer the Most Profit Potential?
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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Which Firms Dominate the Arteriotomy Closure Devices Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Arteriotomy Closure Devices Market?
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.

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