Vascular Closure Device Market Report 2017: Business Segmentation By Revenue And Market Structure Forecast 2024


Report Analysis

According to Data Bridge Market Research new Market report “Global Vascular Closure Device Market, by Type {Passive Approximators (Collagen Plugs Sealent/Gel Based), Active Approximators (Clip, Suture Device)}, 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, and Middle East and Africa)”.The global vascular closure device market is expected to grow at a CAGR of 7.30% during the forecast period of 2017 to 2024.

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Global Vascular Closure Device Market – Key Market points:

Vascular closure devices are those medical gadgets that aids in obtain in the most as is (an initial step to cure the injury) in the artery after the cardiovascular methodology. It adds into patients comforts by letting the patients in early recovery and discharge. The main aim of a vascular closure device is to ensure availability of rapid hemostasis of artery as well as reduce complications. Rising preference towards non- invasive procedure along with technological advancement will definitely lead to the market growth in the forecasting period.

The global vascular closure device market is continuously growing due to increase in cardiovascular diseases and obesity. More opportunities are generated due to rise in global aging population. According to American Heart Association, cardiovascular disease is considered to be the leading global cause of death, which accounts 17.3 million deaths per year, and is expected to grow to more than 23.6 million by 2030. According to Center for Disease Control and Prevention (CDC), every year 19.3 million people are being examined for this cardiovascular disease.

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The Global Vascular Closure Devices Market is dominated by the Americas, which represented around 45% of the aggregate market share of the overall industry in 2015. Here, the key income generator for the market in this region was U.S. In addition with the factors such as advances in innovation, utilization and the accessibility of repayments for catheterization have additionally supported the prospects for showcasing development in vascular closure device marketin the U.S.

Global Vascular Closure Device Market – Market Segmentation:

The global vascular closure device market is segmented on the basis of product type, access, procedure, end-user, and distribution channel.

·         Type

o    Passive Approximators

§  Collagen Plugs Sealent/Gel Based

o    Active Approximators

§  Clip

§  Suture Devices

o    Access

§  Femoral

§  Radial

o    Procedure

§  Interventional Cardiology

§  Radiology

·         By End User

o    Hospitals

o    Ambulatory Surgical Centers

o    Clinics

·         By Distribution Channel

o    Direct Tenders

o    Retail

Global Vascular Closure Device Market – Geographical Segmentation:

·         North America

·         South America

·         Europe

·         Asia-Pacific

·         Middle East

·         Africa

Global Vascular Closure Device Market – Competitive Landscape:

The global vascular closure device market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America global vascular closure device market 

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