Vascular Closure Devices (VCD) Market Size, Demand, Forecast 2030

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Vascular Closure Devices (VCD) Market Size Worth
USD 1.67 Billion in 2030
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High prevalence of obesity is a significant
factor driving global vascular closure devices
market revenue growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global Vascular Closure Devices (VCD)
market size is expected to reach USD 1.67 Billion
in 2030 and register a steady revenue CAGR of
7.0 during the forecast period. Growing
prevalence of Cardiovascular Diseases (CVD) and
obesity is a major factor driving market revenue
growth. For example, World Obesity Federation's
World Obesity Atlas 2022, released on 04 March
2022, estimates that one billion individuals
worldwide, including one in every five women and
seven men, would be obese by 2030. Cardiovascular
diseases are the leading cause of mortality
globally, killing an estimated 17.9 million
individuals each year. Obesity, along with other
cardiovascular risk factors, contributes to
development of cardiovascular diseases as well as
mortality from cardiovascular disease.
Furthermore, prevalence of cardiovascular
disorders is rising, due to increasing prevalence
of worldwide obesity, which in turn is, rising
demand for vascular closure devices.
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Market Summary
Some Key Highlights From the Report On 30
September 2021, Haemonetics Corporation, a global
medical technology business focused on developing
innovative medical solutions that improve patient
outcomes, announced that Food and Drug
Administration (FDA) has authorized VASCADE MVP
Venous Vascular Closure System for same-day
discharge following Atrial Fibrillation (AF)
ablation. The femoral access segment is expected
to account for largest revenue share during the
forecast period. Vascular closure devices have
emerged as a feasible alternative to conventional
mechanical compression for femoral artery closure
and are now widely used in femoral
catheterization patients. Despite the recent
increase in radial access for cardiac
catheterization and Percutaneous Coronary
Intervention (PCI), femoral arterial access is
still common. The interventional
radiology/vascular surgery segment is expected to
register a high revenue growth rate during the
forecast period. In the recent years,
interventional radiology has advanced
considerably. Technological developments, along
with practitioners innovation, have enabled such
growth. Future breakthroughs in Augmented Reality
(AR), Artificial Intelligence (AI), imaging
modalities, robotics, and procedural techniques
will be essential in allowing exponential growth.
Recent advancements in artificial intelligence
provide new revolutionary development
opportunities in the existing and future practice
of image-guided treatments to the general public.
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Market Summary
Some Key Highlights From the Report Some major
companies in the global market report include
Terumo Corporation, Abbott, Cardinal Health,
Cardival Medical, Inc., Medtronic, Morris
Innovative, Teleflex Incorporated, Merit Medical
Systems, Vasorum Ltd., and Tricol
Biomedical. Request Free Sample Copy_at_
https//www.emergenresearch.com/request-sample/157
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Market Summary
Emergen Research has segmented the global
vascular closure devices market based on type,
access, procedure, and region Type Outlook
(Revenue, USD Billion 20192030) Passive
Approximators Collagen Plugs Sealant or Gel-based
Devices Compression Assist Devices Active
Approximators Suture-based Devices Clip-based
Devices External Hemostatic Devices Access
Outlook (Revenue, USD Billion 20192030) Femoral
Access Radial Access Procedure Outlook (Revenue,
USD Billion 20192030) Interventional
Cardiology Interventional Radiology/Vascular
Surgery Read More_at_ https//www.emergenresearch.co
m/industry-report/vascular-closure-devices-market
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Parameter Details
Market Size Estimation Period 2022-2030
Base Year Considered 2021
Historical Data 2019-2020
Forecast Period 2022-2030
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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