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Global Vascular Closure Equipment 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 Closure Equipment 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.
According to our research, 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 Closure Equipment, 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 Closure Equipment.
Report Scope
The Vascular Closure Equipment 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 Closure Equipment 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 Closure Equipment 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 Laboratories
Cardinal Health
Abbott
Vascular Solutions
Arstasis
Beijing Puyishengji Medical Technology
Endocor
Essential Medical
InSeal Medical
Medeon Biodesign
Morrris Innovative
Transluminal Technologies
Vasorum
Vivasure Medical
Segment by Type
Active Approximators
Passive Approximators
Segment by Application
Diagnostic Intervention
Therapeutic Intervention
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 Closure Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Vascular Closure Equipment 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 Closure Equipment 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.
According to our research, 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 Closure Equipment, 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 Closure Equipment.
Report Scope
The Vascular Closure Equipment 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 Closure Equipment 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 Closure Equipment 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 Laboratories
Cardinal Health
Abbott
Vascular Solutions
Arstasis
Beijing Puyishengji Medical Technology
Endocor
Essential Medical
InSeal Medical
Medeon Biodesign
Morrris Innovative
Transluminal Technologies
Vasorum
Vivasure Medical
Segment by Type
Active Approximators
Passive Approximators
Segment by Application
Diagnostic Intervention
Therapeutic Intervention
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 Closure Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Vascular Closure Equipment 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 Closure Equipment Market Overview
1.1 Product Overview and Scope of Vascular Closure Equipment
1.2 Vascular Closure Equipment Segment by Type
1.2.1 Global Vascular Closure Equipment Market Value Comparison by Type (2024-2030)
1.2.2 Active Approximators
1.2.3 Passive Approximators
1.3 Vascular Closure Equipment Segment by Application
1.3.1 Global Vascular Closure Equipment Market Value by Application: (2024-2030)
1.3.2 Diagnostic Intervention
1.3.3 Therapeutic Intervention
1.3.4 Others
1.4 Global Vascular Closure Equipment Market Size Estimates and Forecasts
1.4.1 Global Vascular Closure Equipment Revenue 2019-2030
1.4.2 Global Vascular Closure Equipment Sales 2019-2030
1.4.3 Global Vascular Closure Equipment Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Vascular Closure Equipment Market Competition by Manufacturers
2.1 Global Vascular Closure Equipment Sales Market Share by Manufacturers (2019-2024)
2.2 Global Vascular Closure Equipment Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Vascular Closure Equipment Average Price by Manufacturers (2019-2024)
2.4 Global Vascular Closure Equipment Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Vascular Closure Equipment, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Vascular Closure Equipment, Product Type & Application
2.7 Vascular Closure Equipment Market Competitive Situation and Trends
2.7.1 Vascular Closure Equipment Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Vascular Closure Equipment Players Market Share by Revenue
2.7.3 Global Vascular Closure Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Vascular Closure Equipment Retrospective Market Scenario by Region
3.1 Global Vascular Closure Equipment Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Vascular Closure Equipment Global Vascular Closure Equipment Sales by Region: 2019-2030
3.2.1 Global Vascular Closure Equipment Sales by Region: 2019-2024
3.2.2 Global Vascular Closure Equipment Sales by Region: 2025-2030
3.3 Global Vascular Closure Equipment Global Vascular Closure Equipment Revenue by Region: 2019-2030
3.3.1 Global Vascular Closure Equipment Revenue by Region: 2019-2024
3.3.2 Global Vascular Closure Equipment Revenue by Region: 2025-2030
3.4 North America Vascular Closure Equipment Market Facts & Figures by Country
3.4.1 North America Vascular Closure Equipment Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Vascular Closure Equipment Sales by Country (2019-2030)
3.4.3 North America Vascular Closure Equipment Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Vascular Closure Equipment Market Facts & Figures by Country
3.5.1 Europe Vascular Closure Equipment Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Vascular Closure Equipment Sales by Country (2019-2030)
3.5.3 Europe Vascular Closure Equipment 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 Closure Equipment Market Facts & Figures by Country
3.6.1 Asia Pacific Vascular Closure Equipment Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Vascular Closure Equipment Sales by Country (2019-2030)
3.6.3 Asia Pacific Vascular Closure Equipment 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 Closure Equipment Market Facts & Figures by Country
3.7.1 Latin America Vascular Closure Equipment Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Vascular Closure Equipment Sales by Country (2019-2030)
3.7.3 Latin America Vascular Closure Equipment Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Vascular Closure Equipment Market Facts & Figures by Country
3.8.1 Middle East and Africa Vascular Closure Equipment Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Vascular Closure Equipment Sales by Country (2019-2030)
3.8.3 Middle East and Africa Vascular Closure Equipment 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 Closure Equipment Sales by Type (2019-2030)
4.1.1 Global Vascular Closure Equipment Sales by Type (2019-2024)
4.1.2 Global Vascular Closure Equipment Sales by Type (2025-2030)
4.1.3 Global Vascular Closure Equipment Sales Market Share by Type (2019-2030)
4.2 Global Vascular Closure Equipment Revenue by Type (2019-2030)
4.2.1 Global Vascular Closure Equipment Revenue by Type (2019-2024)
4.2.2 Global Vascular Closure Equipment Revenue by Type (2025-2030)
4.2.3 Global Vascular Closure Equipment Revenue Market Share by Type (2019-2030)
4.3 Global Vascular Closure Equipment Price by Type (2019-2030)
5 Segment by Application
5.1 Global Vascular Closure Equipment Sales by Application (2019-2030)
5.1.1 Global Vascular Closure Equipment Sales by Application (2019-2024)
5.1.2 Global Vascular Closure Equipment Sales by Application (2025-2030)
5.1.3 Global Vascular Closure Equipment Sales Market Share by Application (2019-2030)
5.2 Global Vascular Closure Equipment Revenue by Application (2019-2030)
5.2.1 Global Vascular Closure Equipment Revenue by Application (2019-2024)
5.2.2 Global Vascular Closure Equipment Revenue by Application (2025-2030)
5.2.3 Global Vascular Closure Equipment Revenue Market Share by Application (2019-2030)
5.3 Global Vascular Closure Equipment Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott Laboratories
6.1.1 Abbott Laboratories Corporation Information
6.1.2 Abbott Laboratories Description and Business Overview
6.1.3 Abbott Laboratories Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Laboratories Vascular Closure Equipment Product Portfolio
6.1.5 Abbott Laboratories Recent Developments/Updates
6.2 Cardinal Health
6.2.1 Cardinal Health Corporation Information
6.2.2 Cardinal Health Description and Business Overview
6.2.3 Cardinal Health Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Cardinal Health Vascular Closure Equipment Product Portfolio
6.2.5 Cardinal Health Recent Developments/Updates
6.3 Abbott
6.3.1 Abbott Corporation Information
6.3.2 Abbott Description and Business Overview
6.3.3 Abbott Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Abbott Vascular Closure Equipment Product Portfolio
6.3.5 Abbott Recent Developments/Updates
6.4 Vascular Solutions
6.4.1 Vascular Solutions Corporation Information
6.4.2 Vascular Solutions Description and Business Overview
6.4.3 Vascular Solutions Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Vascular Solutions Vascular Closure Equipment Product Portfolio
6.4.5 Vascular Solutions Recent Developments/Updates
6.5 Arstasis
6.5.1 Arstasis Corporation Information
6.5.2 Arstasis Description and Business Overview
6.5.3 Arstasis Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Arstasis Vascular Closure Equipment Product Portfolio
6.5.5 Arstasis Recent Developments/Updates
6.6 Beijing Puyishengji Medical Technology
6.6.1 Beijing Puyishengji Medical Technology Corporation Information
6.6.2 Beijing Puyishengji Medical Technology Description and Business Overview
6.6.3 Beijing Puyishengji Medical Technology Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Beijing Puyishengji Medical Technology Vascular Closure Equipment Product Portfolio
6.6.5 Beijing Puyishengji Medical Technology Recent Developments/Updates
6.7 Endocor
6.6.1 Endocor Corporation Information
6.6.2 Endocor Description and Business Overview
6.6.3 Endocor Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Endocor Vascular Closure Equipment Product Portfolio
6.7.5 Endocor Recent Developments/Updates
6.8 Essential Medical
6.8.1 Essential Medical Corporation Information
6.8.2 Essential Medical Description and Business Overview
6.8.3 Essential Medical Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Essential Medical Vascular Closure Equipment Product Portfolio
6.8.5 Essential Medical Recent Developments/Updates
6.9 InSeal Medical
6.9.1 InSeal Medical Corporation Information
6.9.2 InSeal Medical Description and Business Overview
6.9.3 InSeal Medical Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.9.4 InSeal Medical Vascular Closure Equipment Product Portfolio
6.9.5 InSeal Medical Recent Developments/Updates
6.10 Medeon Biodesign
6.10.1 Medeon Biodesign Corporation Information
6.10.2 Medeon Biodesign Description and Business Overview
6.10.3 Medeon Biodesign Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Medeon Biodesign Vascular Closure Equipment Product Portfolio
6.10.5 Medeon Biodesign Recent Developments/Updates
6.11 Morrris Innovative
6.11.1 Morrris Innovative Corporation Information
6.11.2 Morrris Innovative Vascular Closure Equipment Description and Business Overview
6.11.3 Morrris Innovative Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Morrris Innovative Vascular Closure Equipment Product Portfolio
6.11.5 Morrris Innovative Recent Developments/Updates
6.12 Transluminal Technologies
6.12.1 Transluminal Technologies Corporation Information
6.12.2 Transluminal Technologies Vascular Closure Equipment Description and Business Overview
6.12.3 Transluminal Technologies Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Transluminal Technologies Vascular Closure Equipment Product Portfolio
6.12.5 Transluminal Technologies Recent Developments/Updates
6.13 Vasorum
6.13.1 Vasorum Corporation Information
6.13.2 Vasorum Vascular Closure Equipment Description and Business Overview
6.13.3 Vasorum Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Vasorum Vascular Closure Equipment Product Portfolio
6.13.5 Vasorum Recent Developments/Updates
6.14 Vivasure Medical
6.14.1 Vivasure Medical Corporation Information
6.14.2 Vivasure Medical Vascular Closure Equipment Description and Business Overview
6.14.3 Vivasure Medical Vascular Closure Equipment Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Vivasure Medical Vascular Closure Equipment Product Portfolio
6.14.5 Vivasure Medical Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Vascular Closure Equipment Industry Chain Analysis
7.2 Vascular Closure Equipment Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Vascular Closure Equipment Production Mode & Process
7.4 Vascular Closure Equipment Sales and Marketing
7.4.1 Vascular Closure Equipment Sales Channels
7.4.2 Vascular Closure Equipment Distributors
7.5 Vascular Closure Equipment Customers
8 Vascular Closure Equipment Market Dynamics
8.1 Vascular Closure Equipment Industry Trends
8.2 Vascular Closure Equipment Market Drivers
8.3 Vascular Closure Equipment Market Challenges
8.4 Vascular Closure Equipment 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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