Global Vascular Closure Device Market to Grow at CAGR of 7.30% increasing in Worldwide – Trends and Demand business in future Research Forecast 2024

According to a new report published by Data Bridge Market Research Titled,

The Global Vascular Closure Device Market value was 895.4 million in 2016 growing at a CAGR of 7.30% during the forecast period of 2017 to 2024.

Also Global 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), End User (Hospitals, Ambulatory Surgical Centers, Clinics, Others), Distribution Channel (Direct Tenders, Retail), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2024.

Ask for Free Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=vascular-closure-device-market

Global Vascular Closure Device Market Definition:

Vascular closure devices are used for diagnostic and psychosocial treatment and help in endovascular imaging to identify coronary artery diseases. In recent times rising preferences towards non- invasive procedure with new technological development in medical imaging will definitely help in development of this market. These improved devices will help all the healthcare facilities to extend the treatment alternatives for peripheral vascular diseases (PVD). The main aim of a vascular closure device is to make available of rapid hemostasis of the artery as well as reduce complications.

Major Market Drivers And Restraints:

  • Rising rate of cardiovascular diseases and obesity
  • New technological development for ease and safety
  • Growth due to geriatric population
  • Preference of non invasive procedure
  • High price of vascular closure device
  • Product failure and cancellation
  • Adopting more of Interventional Procedures Using Radial Artery Access

Global Vascular Closure Device Market Segmentation:

  • On the basis of types, Global Vascular Closure Device Market is segmented into passive approximators and active approximators. Passive approximators are further divided into collagen plugs sealent or gel based whereas active approximators are sub segmented into clip and suture devices. In 2015, active approximators held majority of shares whereas in 2017, passive approximators are expected with the highest share in the vascular closure devices market.
  • On the basis of access, global vascular closure device market is segmented into femoral and radial. Here, femoral vascular closure device market holds majority of shares in 2015 as compared to radial vascular closure device market and is expected to dominate in the forecast period 2017-2024
  • On the basis of procedure, global vascular closure device market is segmented into interventional cardiology and radiology. Interventional cardiology is expected to dominate the market in the forecast period 2017- 2024 rise in future and would applied to related diseases such as cardiovascular diseases and obesity.
  • On the basis of end user, global vascular closure device market is segmented into hospitals, ambulatory, surgical centers, clinics and others.
  • On the basis of distribution channel, global vascular closure device market is segmented into direct tenders and retail.
  • On the basis of geography global vascular closure device market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

 

To Know More About Global Vascular Closure Device Report Speak To Our Analysis @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=vascular-closure-device-market

Global Vascular Closure Device Competitive Analysis:

The global vascular closure device market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vascular closure device market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players:

Some of the major players operating in global vascular device market

  • Abbott (U.S.),
  • Transluminal Technologies (U.S.),
  • Cardiva Medical, Inc. (U.S.),
  • TERUMO Corporation (Japan),
  • TZ Medical, Inc (U.S.),
  • Vivasure Medical Ltd. (Ireland),
  • Cardinal Health (U.S.),
  • ESSENTIAL MEDICAL, INC, (U.S.),
  • ENDOCOR GmbH (Germany),
  • Vasorum Ltd. (Ireland),
  • Morris Innovative (U.S.),
  • Medtronic (Ireland),
  • Vascular Closure Systems, Inc. (U.S.),
  • Merit Medical Systems, Inc. (U.S.),
  • Jude Medical, LLC ( USA)

 Access Global Vascular Closure Device Market Full Report @ http://databridgemarketresearch.com/reports/vascular-closure-device-market/

Posted by on Tuesday January 23 2018, 10:18 AM EDT. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

Featured Press Releases

Log in