Press Release

Vascular Closure Device Market

Vascular Closure Device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the prominent key players and offers key trends and opportunities in the global  market. This report is a specialized and in-depth analysis of the global industry with a focus on the global market emerging trends and revenue. The report aims to provide an overview with detailed market segmentation by product/application and geography.

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The List of Companies

1. Abbott 
2. Medtronic 
3. Cardinal Health 
4. Morris Innovative 
5. Vasorum Ltd.   
6. Vivasure Medical Ltd. 
7. InSeal Medical. 
8. TZ Medical, Inc. 
9. Merit Medical Systems 
10. Cardival Medical, Inc.

The growth of the vascular closure devices can be attributed to rising incidents of cardiovascular diseases and prevalence of obesity. Moreover, deployment of imaging technologies to monitor cardiac functions will also help to enhance the demand for cardiac surgeries and add novel opportunities for the global vascular closure devices market in the forecast period.

On the basis of type the market is segmented into passive approximators, active approximators, and external hemostatic devices. Passive approximators are further segmented into sealant- or gel-based, compression assist devices, and collagen plugs. Active approximators are further segmented into suture-based devices, and clip-based devices. The vascular closure device market by procedure is segmented into interventional cardiology and interventional radiology/vascular surgery). The vascular closure device market by access is classified as femoral and radial. Based on end user market is segmented into hospitals, ambulatory surgical centers, nursing centers and reference laboratories.

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global vascular closure devices based on type, procedure, access and end user. It also provides market size and forecast till 2025 for overall vascular closure devices market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America followed by Europe, is expected to dominate the vascular closure device market in the global arena due to the increasing prevalence of cardiovascular diseases, increasing number of research studies and clinical trials for vascular closure devices in the region. The Asia-Pacific region is anticipated to show a significant growth rate over the next five years in the global vascular closure devices market.

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The report also includes the profiles of key vascular closure devices manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Terumo Corporation, Abbott Laboratories, Cardinal Health, Inc. (Cordis), Cardiva Medical, Inc., Medtronic PLC, Morris Innovative, Inc., Essential Medical, Inc., Merit Medical Systems, Inc., Vasorum Ltd., TZ Medical, Inc., Vivasure Medical Ltd., Inseal Medical Ltd., Tricol Biomedical, Inc. and others.

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3 Vascular Closure Device Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Vascular Closure Device Market – By Type
3.2.2 Vascular Closure Device Market – By Procedure
3.2.3 Vascular Closure Device Market – By Access
3.2.4 Vascular Closure Device Market – By End User
3.2.5 Vascular Closure Device Market – By Region By Country
3.3 PEST Analysis
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific – PEST Analysis
3.3.4 Middle East and Africa – PEST Analysis
3.3.5 South and Central America – PEST Analysis

4 Vascular Closure Device Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Vascular Closure Device Market – Global Analysis
5.1 Global Vascular Closure Device Market Overview
5.2 Global Vascular Closure Device Market Revenue Forecasts and Analysis (US$ Mn)
5.3 Global Vascular Closure Device Market Volume Forecasts and Analysis (‘000 units)
5.4 Market Positioning/Market Share
5.5 Performance of Key Players
5.6 Expert Opinions


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This post was originally published on The Picayune Current