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Global Vascular Closing Device Market Research Report 2024
Synopsis
Vascular closure devices are medical devices used to achieve hemostasis of the small hole in the artery after a cardiovascular procedure of endovascular surgery requiring a catheterization. The devices seal the puncture site in an artery (the arteriotomy) through mechanical means rather than relying on the body’s natural clotting response.
Vascular Closure Devices were introduced in the early 1990s in an effort to reduce the time to hemostasis, enable early ambulation and improve patient comfort. Initially, devices focused on technologies involving a suture or a collagen plug. These technologies are effective at closing the hole; however, they often leave an intravascular component in the artery, which can cause complications. In addition, these technologies failed to accurately address patient pain. More recent methods to close the hole involve the use of novel materials that dissolve over a short period of time, such as polyethylene glycol found in the Mynx vascular closure device. These technologies incorporate a more gentle deployment of the material to the outside of the artery and avoid the use of intravascular components, leaving nothing behind in the artery and consequently improving patient comfort.
Generally, there are two types of vascular closure devices: active and passive, in this report, vascular closure devices refer to active vascular closure devices.
The global Vascular Closing Device market was valued at US$ 1036.9 million in 2023 and is anticipated to reach US$ 1272 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Vascular Closing Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vascular Closing Device.
Report Scope
The Vascular Closing Device market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vascular Closing Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vascular Closing Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Abbott
Morris Innovative
Transluminal Technologies
Vivasure Medical Ltd
Cardinal Health
Segment by Type
Disposable
Reusable
Segment by Application
Hospital
Clinic
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vascular Closing Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Vascular Closing Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Vascular closure devices are medical devices used to achieve hemostasis of the small hole in the artery after a cardiovascular procedure of endovascular surgery requiring a catheterization. The devices seal the puncture site in an artery (the arteriotomy) through mechanical means rather than relying on the body’s natural clotting response.
Vascular Closure Devices were introduced in the early 1990s in an effort to reduce the time to hemostasis, enable early ambulation and improve patient comfort. Initially, devices focused on technologies involving a suture or a collagen plug. These technologies are effective at closing the hole; however, they often leave an intravascular component in the artery, which can cause complications. In addition, these technologies failed to accurately address patient pain. More recent methods to close the hole involve the use of novel materials that dissolve over a short period of time, such as polyethylene glycol found in the Mynx vascular closure device. These technologies incorporate a more gentle deployment of the material to the outside of the artery and avoid the use of intravascular components, leaving nothing behind in the artery and consequently improving patient comfort.
Generally, there are two types of vascular closure devices: active and passive, in this report, vascular closure devices refer to active vascular closure devices.
The global Vascular Closing Device market was valued at US$ 1036.9 million in 2023 and is anticipated to reach US$ 1272 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Vascular Closing Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vascular Closing Device.
Report Scope
The Vascular Closing Device market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vascular Closing Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vascular Closing Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Abbott
Morris Innovative
Transluminal Technologies
Vivasure Medical Ltd
Cardinal Health
Segment by Type
Disposable
Reusable
Segment by Application
Hospital
Clinic
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vascular Closing Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Vascular Closing Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Vascular Closing Device Market Overview
1.1 Product Overview and Scope of Vascular Closing Device
1.2 Vascular Closing Device Segment by Type
1.2.1 Global Vascular Closing Device Market Value Comparison by Type (2024-2030)
1.2.2 Disposable
1.2.3 Reusable
1.3 Vascular Closing Device Segment by Application
1.3.1 Global Vascular Closing Device Market Value by Application: (2024-2030)
1.3.2 Hospital
1.3.3 Clinic
1.3.4 Others
1.4 Global Vascular Closing Device Market Size Estimates and Forecasts
1.4.1 Global Vascular Closing Device Revenue 2019-2030
1.4.2 Global Vascular Closing Device Sales 2019-2030
1.4.3 Global Vascular Closing Device Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Vascular Closing Device Market Competition by Manufacturers
2.1 Global Vascular Closing Device Sales Market Share by Manufacturers (2019-2024)
2.2 Global Vascular Closing Device Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Vascular Closing Device Average Price by Manufacturers (2019-2024)
2.4 Global Vascular Closing Device Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Vascular Closing Device, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vascular Closing Device, Product Type & Application
2.7 Vascular Closing Device Market Competitive Situation and Trends
2.7.1 Vascular Closing Device Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Vascular Closing Device Players Market Share by Revenue
2.7.3 Global Vascular Closing Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Vascular Closing Device Retrospective Market Scenario by Region
3.1 Global Vascular Closing Device Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Vascular Closing Device Global Vascular Closing Device Sales by Region: 2019-2030
3.2.1 Global Vascular Closing Device Sales by Region: 2019-2024
3.2.2 Global Vascular Closing Device Sales by Region: 2025-2030
3.3 Global Vascular Closing Device Global Vascular Closing Device Revenue by Region: 2019-2030
3.3.1 Global Vascular Closing Device Revenue by Region: 2019-2024
3.3.2 Global Vascular Closing Device Revenue by Region: 2025-2030
3.4 North America Vascular Closing Device Market Facts & Figures by Country
3.4.1 North America Vascular Closing Device Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Vascular Closing Device Sales by Country (2019-2030)
3.4.3 North America Vascular Closing Device Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Vascular Closing Device Market Facts & Figures by Country
3.5.1 Europe Vascular Closing Device Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Vascular Closing Device Sales by Country (2019-2030)
3.5.3 Europe Vascular Closing Device Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Vascular Closing Device Market Facts & Figures by Country
3.6.1 Asia Pacific Vascular Closing Device Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Vascular Closing Device Sales by Country (2019-2030)
3.6.3 Asia Pacific Vascular Closing Device Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Vascular Closing Device Market Facts & Figures by Country
3.7.1 Latin America Vascular Closing Device Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Vascular Closing Device Sales by Country (2019-2030)
3.7.3 Latin America Vascular Closing Device Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Vascular Closing Device Market Facts & Figures by Country
3.8.1 Middle East and Africa Vascular Closing Device Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Vascular Closing Device Sales by Country (2019-2030)
3.8.3 Middle East and Africa Vascular Closing Device Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Vascular Closing Device Sales by Type (2019-2030)
4.1.1 Global Vascular Closing Device Sales by Type (2019-2024)
4.1.2 Global Vascular Closing Device Sales by Type (2025-2030)
4.1.3 Global Vascular Closing Device Sales Market Share by Type (2019-2030)
4.2 Global Vascular Closing Device Revenue by Type (2019-2030)
4.2.1 Global Vascular Closing Device Revenue by Type (2019-2024)
4.2.2 Global Vascular Closing Device Revenue by Type (2025-2030)
4.2.3 Global Vascular Closing Device Revenue Market Share by Type (2019-2030)
4.3 Global Vascular Closing Device Price by Type (2019-2030)
5 Segment by Application
5.1 Global Vascular Closing Device Sales by Application (2019-2030)
5.1.1 Global Vascular Closing Device Sales by Application (2019-2024)
5.1.2 Global Vascular Closing Device Sales by Application (2025-2030)
5.1.3 Global Vascular Closing Device Sales Market Share by Application (2019-2030)
5.2 Global Vascular Closing Device Revenue by Application (2019-2030)
5.2.1 Global Vascular Closing Device Revenue by Application (2019-2024)
5.2.2 Global Vascular Closing Device Revenue by Application (2025-2030)
5.2.3 Global Vascular Closing Device Revenue Market Share by Application (2019-2030)
5.3 Global Vascular Closing Device Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott
6.1.1 Abbott Corporation Information
6.1.2 Abbott Description and Business Overview
6.1.3 Abbott Vascular Closing Device Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Vascular Closing Device Product Portfolio
6.1.5 Abbott Recent Developments/Updates
6.2 Morris Innovative
6.2.1 Morris Innovative Corporation Information
6.2.2 Morris Innovative Description and Business Overview
6.2.3 Morris Innovative Vascular Closing Device Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Morris Innovative Vascular Closing Device Product Portfolio
6.2.5 Morris Innovative Recent Developments/Updates
6.3 Transluminal Technologies
6.3.1 Transluminal Technologies Corporation Information
6.3.2 Transluminal Technologies Description and Business Overview
6.3.3 Transluminal Technologies Vascular Closing Device Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Transluminal Technologies Vascular Closing Device Product Portfolio
6.3.5 Transluminal Technologies Recent Developments/Updates
6.4 Vivasure Medical Ltd
6.4.1 Vivasure Medical Ltd Corporation Information
6.4.2 Vivasure Medical Ltd Description and Business Overview
6.4.3 Vivasure Medical Ltd Vascular Closing Device Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Vivasure Medical Ltd Vascular Closing Device Product Portfolio
6.4.5 Vivasure Medical Ltd Recent Developments/Updates
6.5 Cardinal Health
6.5.1 Cardinal Health Corporation Information
6.5.2 Cardinal Health Description and Business Overview
6.5.3 Cardinal Health Vascular Closing Device Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Cardinal Health Vascular Closing Device Product Portfolio
6.5.5 Cardinal Health Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vascular Closing Device Industry Chain Analysis
7.2 Vascular Closing Device Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vascular Closing Device Production Mode & Process
7.4 Vascular Closing Device Sales and Marketing
7.4.1 Vascular Closing Device Sales Channels
7.4.2 Vascular Closing Device Distributors
7.5 Vascular Closing Device Customers
8 Vascular Closing Device Market Dynamics
8.1 Vascular Closing Device Industry Trends
8.2 Vascular Closing Device Market Drivers
8.3 Vascular Closing Device Market Challenges
8.4 Vascular Closing Device Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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