openPR Logo
Press release

Future Scope of Vascular Closure Devices Market | expected to grow at an approximate CAGR of 6.5% | Top Key Players - Terumo Corporation, Abbott, Cardinal Health Inc., Cardiva Medical Inc., Morris Innovative, Inc., Medtronic plc, Essential Medical, Inc.,

03-22-2018 09:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Vascular Closure Devices Market

Vascular Closure Devices Market

Market Research Future (MRFR) announces the publication of its research report – Global Vascular Closure Devices market 2017-2023

Vascular closure devices are devices used to achieve hemostasis after a cardiovascular procedure. It is usually collagen, a suture, a clip or an external patch that is meant to seal the small puncture after the angiogram procedure.

Global vascular closure devices market is expected to grow a healthy growth at a CAGR of 6.5% during the forecast period.

Get a sample report at https://www.marketresearchfuture.com/sample_request/5704 .

Regional Analysis

The Americas dominate the global vascular closure devices market owing to the rising aging population, which eventually leads to rising patient population. Additionally, rising obesity rates along with increasing cardiovascular disorder rates are likely to enhance the growth of vascular closure devices in the North American region. According to American Heart Association, 31% of the deaths in the U.S. were due to cardiovascular disorders. Similarly, according to Center For Disease Control and Prevention, in 2015, around USD 3.2 trillion was spent on healthcare expenditure in the U.S.

Europe accounts for the second largest market due to increased cardiovascular disorders, and increasing obesity rates. Additionally, increasing government support and increasing healthcare infrastructure along with rising demand for minimally invasive treatment is driving the growth of vascular closure devices market in Europe. For instance, Eurostat estimated that over 19.2% of the population in Europe were aged 65 and above. This rising older population is likely to lead to rising patient population. These factors are likely to drive the growth of the vascular closure devices market.

Asia Pacific is the fastest growing market for the vascular closure devices whose growth is attributed to rising population and increasing standard of living. Additionally, increasing healthcare expenditure and demand for new treatment options along with the rise in government support are likely to drive the growth of the market. India and China are the major contributors to the market growth due to the rapid development of healthcare infrastructure in these regions and increasing demand for diagnostic services.

On the other hand, the Middle East & Africa is expected to witness limited growth due to limited access to the healthcare and lack of awareness among individuals. In the Middle East, the growth of the market is driven by increasing availability of new and advanced diagnostic and treatment methods for various chronic diseases.

More inquire at https://www.marketresearchfuture.com/enquiry/5704 .

Key Players

Some of the key players in the vascular closure devices market are Terumo Corporation, Abbott, Cardinal Health Inc., Cardiva Medical Inc., Morris Innovative, Inc., Medtronic plc, Essential Medical, Inc., Merit Medical Systems, Inc., TZ Medical, Inc., and Vasorum Ltd.

Segmentation

The global vascular closure devices market is segmented on the basis of type, access, application and end user.

On the basis of the type, the market is segmented into passive approximators, active approximators, and external hemostatic devices. On the basis of passive approximators, it is further sub-segmented into collagen plug, sealant or gel-based devices and compression assist devices. On the basis of active approximators, it is further sub-segmented into suture-based devices and clip-based devices.

On the basis of access, the market is segmented into femoral access and radial access.

On the basis of application, the market is segmented into diagnostic intervention and therapeutic intervention.

On the basis of the end user, the market is segmented into hospitals & clinics, specialty centers, and ambulatory surgical centers.

About us

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Research Future

P: +1 646 845 9312

W: www.marketresearchfuture.com

sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Future Scope of Vascular Closure Devices Market | expected to grow at an approximate CAGR of 6.5% | Top Key Players - Terumo Corporation, Abbott, Cardinal Health Inc., Cardiva Medical Inc., Morris Innovative, Inc., Medtronic plc, Essential Medical, Inc., here

News-ID: 988318 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Vascular

High Prevalence Of Vascular Diseases Drives Global Vascular Grafts Market: An Em …
The Vascular Grafts Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Projected Growth of the Vascular Grafts Market? In recent years, there has been consistent growth in the size of the vascular grafts market. The market is projected to expand from $3.25 billion
Vascular Disease Surge Fuels Anticipated Growth In The Vascular Embolization Mar …
The Vascular Embolization Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current Vascular Embolization Market Size and Its Estimated Growth Rate? The growth of the vascular embolization market has been robust in recent times, escalating from $3.15 billion in 2024 to an estimated
Vascular Embolization Market - Empowering Vascular Wellness through Embolization
Newark, New Castle, USA: The "Vascular Embolization Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors. Vascular Embolization Market: https://www.growthplusreports.com/report/vascular-embolization-market/8433 This latest report researches the industry structure, sales, revenue,
Large Bore Vascular Closure Devices Market Is Booming Worldwide | Abbott Vascula …
The Large Bore Vascular Closure Devices Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted
Vascular Stent Market - Opportunities Outlook & Key Players 2025 | Vascular Conc …
Global Vascular Stent Market: Snapshot The global market for vascular stents has been growing at a robust rate on account of the rising incidence of cardiovascular diseases across the globe. The healthcare industry has been witnessing an overbearing amount of patients who have suffered heart strokes or cardiac arrests. This has paved way for increased demand within the global market for vascular stents. These stents can be useful during angioplasty and
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations. Request for Sample of This Research Report @ https://bit.ly/2xjOKpC Top Key Player:- Abbott Laboratories 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 Peripheral vascular disorder (PVD) is a blood circulation disorder