According to a recently published market study by Future Market Insights, the global market for vascular closure devices will expand steadily at a CAGR of 5.9% and reach US$ 963 million over the forecast period, 2017-2022.
“Vascular Closure Devices Market Research Report – Forecast to 2022” Published by Market Research Future. Vascular Closure Devices Market to Expand with Significant CAGR by 2022. Vascular Closure Devices Market Research Report, by Product Type (Passive Vascular Closure Device, Active Vascular Closure Device, External Hemostatic Device), Access (Femoral, Radial), Procedures (Interventional Cardiology, Interventional Radiology), Application (Diagnostic, Therapeutic), End User (Hospitals & Clinics, ASCs) – Global Forecast Till 2022
Companies to Watch
Companies namely, Abbott Laboratories, Terumo Corporation, Cardinal Health, Inc., Medtronic plc, Cardiva Medical, Inc., Arstasis, Inc., Chitogen, Inc., Marine Polymer Technologies, Inc., Essential Medical, Inc., Scion Cardio-Vascular, Inc., Morris Innovative, Inc., Tricol Biomedical, Inc., Vascular Closure Systems, Inc., and TZ Medical, Inc. are profiled in the report as key players in the global vascular closure devices market.
Vascular Closure Devices Market Overview
The increased approvals for vascular closure devices, support, and initiatives by the government, soaring demand for advanced treatment, and rising research and clinical trials are some of the primary growth stimulants of the vascular closure devices market. The High-efficiency rate of these devices will encourage market growth in the future. Factors like the rising prevalence of obesity and soaring incidences of cardiovascular diseases will contribute to the market growth in the review period. The increased popularity of femoral artery cardiac catheterization, shortening of hemostasis time, and increased success rate of VCDs for improved patient comfort are considered some of the potential growth factors of the market.
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Market Taxonomy
The taxonomy of the global vascular closure device market has been concisely illustrated in the table below:
Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
Product Type
- Haemostasis Pads
- Compression Devices
- Clip
- Plug
- Suture
- Others
End User
- Hospitals
- Ambulatory Surgical Centres
- Independent Catheterisation Labs
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Regional Vascular Closure Devices (VCDS) Market (Regional Output, Demand & Forecast by Countries):-
- North America (United States, Canada, Mexico)
- South America ( Brazil, Argentina, Ecuador, Chile)
- Asia Pacific (China, Japan, India, Korea)
- Europe (Germany, UK, France, Italy)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
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Chapter 3. Research Methodology
3.1 Overview
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Chapter 5. Market Factor Analysis
..Continued
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The global Vascular Closure Device (VCD) Market was appreciated at US$ 1.0 billion in the year 2015 and is expected to reach US$ 1.3 billion by 2024.
Vascular Closure Devices developed such as an alternate of powered compression.The Vascular Closure Devices market on the source of Type of End User could span Ambulatory Surgical Centers, Hospitals, Clinics, Acute Care Facilities.
The subdivision of Acute Care Facilities is responsible for the biggest stake of the income.
Furthermore, usage of imaging machineries, for example echocardiography, in acute care for cardiac sicknesses likewise motivates the development.Request a Free Sample Copy of Vascular Closure Device (VCD) Market Report @ https://www.millioninsights.com/industry-reports/vascular-closure-device-market/request-sampleThe subdivisions of Clinics and Hospitals is projected to observe considerable development during the time span of succeeding 7 years due to the growing admiration of Vascular Closure Device to decrease the necessity for open heart operating processes.
This is sequentially powering demand for this equipment all over the world.The vascular closure devices (VCDs) market on the source of Size of Hole could span Large Hole, Small Hole.
The vascular closure device market on the source of Type of Product could span External Hemostatic Devices, Passive Vascular Closure Devices, Active Vascular Closure Devices, Compression-Assist Devices, Collagen Plugs, Clip-Based Devices, Active Approximators, Gel / Sealant-Based Devices, Passive Approximators, Suture-Based Devices.The subdivision of Active Approximators was responsible for the biggest stake during the year 2015 due to their greater effectiveness.
The report "Vascular Closure Device Market by Type (Passive Approximators (Collagen Plugs Sealent/Gel Based), Active Approximators (Clip, Suture Devices)), Access (Femoral,Radial) & Procedure (Interventional Cardiology, Radiology) - Global Forecasts to 2022", report provides a detailed overview of the major drivers, restraints, opportunities, and threats impacting the vascular closure devices market along with the estimates and forecasts of the revenue and market share analysis.Browse 61 market data tables and 30 figures spread through 128 pages and in-depth TOC on "Vascular Closure Device Market by Type (Passive Approximators (Collagen Plugs Sealent/Gel Based), Active Approximators (Clip, Suture Devices)), Access (Femoral,Radial) & Procedure (Interventional Cardiology, Radiology) - Global Forecasts to 2022"Get Free PDF - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=180101468The global vascular closure devices market is expected to reach USD 984.6 Million by 2022 from USD 704.8 Million in 2017, at a CAGR of 6.9%.
Growth in this market can be attributed to factors such as the large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases and obesity, and increasing focus of market players on large-bore vascular closure devices.The market is segmented on the basis of type, access type, procedure type, and regions.
Based on type, the market segment is further categorized into active approximators, passive approximators, and external hemostasis devices.
Passive approximators are expected to account for the largest share of the market in 2017.
Collagen-based passive approximators are widely used owing to the wide range of advantages associated with these devices, including ease of use, short ambulation time for patients, and fewer complications compared to manual compression.The market is segmented into North America, Europe, Asia-Pacific, and RoW (Rest of the World).
Of these, the North American segment is expected to account the largest share of the market in 2017.
Vascular Closure Devices Market Research Report, by Product Type (Passive Vascular Closure Device, Active Vascular Closure Device, External Hemostatic Device), Access (Femoral, Radial), Procedures (Interventional Cardiology, Interventional Radiology), Application (Diagnostic, Therapeutic), End User (Hospitals & Clinics, ASCs) – Global Forecast Till 2023The report presents a detailed analysis of Vascular Closure Devices Market by providing readers with a comprehensive overview of the market’s historical trajectory.
The leading drivers and restraints affecting the global prostate cancer market are assessed in detail in the report.
The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period.Major Key PlayersTo gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch.Abbott Laboratories, Terumo Corporation, Cardinal Health Inc., Cardiva Medical Inc., Morris Innovative, Inc., Medtronic plc, Essential Medical, Inc., Merit Medical Systems, Inc., TZ Medical, Inc., Vasorum Ltd., Transluminal Technologies LLC, Vascular Closure Systems, Inc., Vivasure Medical Ltd., among others.Market Segment AnalysisPlug-Based DevicesSealant or Gel-Based DevicesCompression Assist DevicesActive Vascular Closure DevicesClip-Based DevicesSuture-Based DevicesGamma-Retroviral VectorsExternal Hemostatic DevicesGlobal Vascular Closure Devices Market, by AccessFemoral AccessRadial AccessGlobal Vascular Closure Devices Market, by ProceduresInterventional cardiologyInterventional radiology/vascular surgeryGlobal Vascular Closure Devices Market, by ApplicationDiagnostic InterventionTherapeutic InterventionVascular Closure Devices Market report offers insights into the leading market players and presents an assessment of their current market position.
Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M activities, and the latest R initiatives is also available in the reportRegional AnalysisGeographically, the global Vascular Closure Devices Market has been divided by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaBrowse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/vascular-closure-devices-market-5704Chapters for This Vascular Closure Devices Market Study: -Chapter 1: to describe Global Vascular Closure Devices Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;Chapter 2: to analyze the top manufacturers of Global Vascular Closure Devices Market, with sales, revenue, and price of Global Vascular Closure Devices Market.Chapter 3: to display the competitive situation among the top manufacturers, with sales, revenue and market share in Forecasted Time.Chapter 4: to show the Global Vascular Closure Devices Market by regions, with sales, revenue and market share of Global Vascular Closure Devices Market, for each region, during the forecast period.Chapter 5, 6, 7, 8 and 9: to analyze the key regions, with sales, revenue and market share by key countries in these regions;Chapter 10: to show the market by type and application, with sales market share and growth rate by type, application, Methodology, Analyst Introduction, Data Source By MRFRAbout Market Research Future: MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:+1 646 845 9312 | Email: [email protected]
Vascular Closure Devices Market Analysis The vascular closure devices market is predicted to grow at a 6.8% CAGR over the forecast period (2018-2023), states the new Market Research Future (MRFR) report.
Besides, it also helps in reducing time to hospital discharge and time to ambulation.
Some of the drivers according to the Market Research Future (MRFR) the vascular closure device market report, include rising prevalence of various neurovascular and cardiovascular diseases, growing adoption of minimally invasive techniques, increasing investments by government organizations, and untapped market opportunities especially in emerging countries.
Based on access, the global vascular closure devices market is segmented into radial access and femoral access.
Based on end user, the vascular closure devices market is segmented into ambulatory surgery centers, specialty centers, hospitals and clinics, and others.
Vascular Closure Devices Market Regional Analysis Based on the region, the global vascular closure devices market report covers the latest trends and growth opportunities across the Americas, Europe, the Asia Pacific, and the Middle East and Africa.
