The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Vascular Closing Device-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 1272 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Vascular Closing Device in various end use industries. The expanding demands from the Hospital, Clinic and Others,, are propelling Vascular Closing Device market. Disposable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reusable segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vascular Closing Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vascular Closing Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vascular Closing Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vascular Closing Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vascular Closing Device covered in this report include Abbott, Morris Innovative, Transluminal Technologies, Vivasure Medical Ltd and Cardinal Health, etc.
The global Vascular Closing Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott
Morris Innovative
Transluminal Technologies
Vivasure Medical Ltd
Cardinal Health
Global Vascular Closing Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vascular Closing Device market, Segment by Type:
Disposable
Reusable
Global Vascular Closing Device market, by Application
Hospital
Clinic
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vascular Closing Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vascular Closing Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 1272 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Vascular Closing Device in various end use industries. The expanding demands from the Hospital, Clinic and Others,, are propelling Vascular Closing Device market. Disposable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reusable segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vascular Closing Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vascular Closing Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vascular Closing Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vascular Closing Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vascular Closing Device covered in this report include Abbott, Morris Innovative, Transluminal Technologies, Vivasure Medical Ltd and Cardinal Health, etc.
The global Vascular Closing Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott
Morris Innovative
Transluminal Technologies
Vivasure Medical Ltd
Cardinal Health
Global Vascular Closing Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vascular Closing Device market, Segment by Type:
Disposable
Reusable
Global Vascular Closing Device market, by Application
Hospital
Clinic
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vascular Closing Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vascular Closing Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Vascular Closing Device Market Overview
1.1 Vascular Closing Device Product Overview
1.2 Vascular Closing Device Market Segment by Type
1.2.1 Disposable
1.2.2 Reusable
1.3 Global Vascular Closing Device Market Size by Type
1.3.1 Global Vascular Closing Device Market Size Overview by Type (2018-2029)
1.3.2 Global Vascular Closing Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vascular Closing Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vascular Closing Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vascular Closing Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vascular Closing Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vascular Closing Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vascular Closing Device Sales Breakdown by Type (2018-2023)
2 Global Vascular Closing Device Market Competition by Company
2.1 Global Top Players by Vascular Closing Device Sales (2018-2023)
2.2 Global Top Players by Vascular Closing Device Revenue (2018-2023)
2.3 Global Top Players by Vascular Closing Device Price (2018-2023)
2.4 Global Top Manufacturers Vascular Closing Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vascular Closing Device Market Competitive Situation and Trends
2.5.1 Vascular Closing Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vascular Closing Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vascular Closing Device as of 2022)
2.7 Date of Key Manufacturers Enter into Vascular Closing Device Market
2.8 Key Manufacturers Vascular Closing Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vascular Closing Device Status and Outlook by Region
3.1 Global Vascular Closing Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vascular Closing Device Historic Market Size by Region
3.2.1 Global Vascular Closing Device Sales in Volume by Region (2018-2023)
3.2.2 Global Vascular Closing Device Sales in Value by Region (2018-2023)
3.2.3 Global Vascular Closing Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vascular Closing Device Forecasted Market Size by Region
3.3.1 Global Vascular Closing Device Sales in Volume by Region (2024-2029)
3.3.2 Global Vascular Closing Device Sales in Value by Region (2024-2029)
3.3.3 Global Vascular Closing Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vascular Closing Device by Application
4.1 Vascular Closing Device Market Segment by Application
4.1.1 Hospital
4.1.2 Clinic
4.1.3 Others
4.2 Global Vascular Closing Device Market Size by Application
4.2.1 Global Vascular Closing Device Market Size Overview by Application (2018-2029)
4.2.2 Global Vascular Closing Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vascular Closing Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vascular Closing Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vascular Closing Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vascular Closing Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vascular Closing Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vascular Closing Device Sales Breakdown by Application (2018-2023)
5 North America Vascular Closing Device by Country
5.1 North America Vascular Closing Device Historic Market Size by Country
5.1.1 North America Vascular Closing Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vascular Closing Device Sales in Volume by Country (2018-2023)
5.1.3 North America Vascular Closing Device Sales in Value by Country (2018-2023)
5.2 North America Vascular Closing Device Forecasted Market Size by Country
5.2.1 North America Vascular Closing Device Sales in Volume by Country (2024-2029)
5.2.2 North America Vascular Closing Device Sales in Value by Country (2024-2029)
6 Europe Vascular Closing Device by Country
6.1 Europe Vascular Closing Device Historic Market Size by Country
6.1.1 Europe Vascular Closing Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vascular Closing Device Sales in Volume by Country (2018-2023)
6.1.3 Europe Vascular Closing Device Sales in Value by Country (2018-2023)
6.2 Europe Vascular Closing Device Forecasted Market Size by Country
6.2.1 Europe Vascular Closing Device Sales in Volume by Country (2024-2029)
6.2.2 Europe Vascular Closing Device Sales in Value by Country (2024-2029)
7 Asia-Pacific Vascular Closing Device by Region
7.1 Asia-Pacific Vascular Closing Device Historic Market Size by Region
7.1.1 Asia-Pacific Vascular Closing Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vascular Closing Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vascular Closing Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vascular Closing Device Forecasted Market Size by Region
7.2.1 Asia-Pacific Vascular Closing Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vascular Closing Device Sales in Value by Region (2024-2029)
8 Latin America Vascular Closing Device by Country
8.1 Latin America Vascular Closing Device Historic Market Size by Country
8.1.1 Latin America Vascular Closing Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vascular Closing Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vascular Closing Device Sales in Value by Country (2018-2023)
8.2 Latin America Vascular Closing Device Forecasted Market Size by Country
8.2.1 Latin America Vascular Closing Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vascular Closing Device Sales in Value by Country (2024-2029)
9 Middle East and Africa Vascular Closing Device by Country
9.1 Middle East and Africa Vascular Closing Device Historic Market Size by Country
9.1.1 Middle East and Africa Vascular Closing Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vascular Closing Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vascular Closing Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vascular Closing Device Forecasted Market Size by Country
9.2.1 Middle East and Africa Vascular Closing Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vascular Closing Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott
10.1.1 Abbott Company Information
10.1.2 Abbott Introduction and Business Overview
10.1.3 Abbott Vascular Closing Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott Vascular Closing Device Products Offered
10.1.5 Abbott Recent Development
10.2 Morris Innovative
10.2.1 Morris Innovative Company Information
10.2.2 Morris Innovative Introduction and Business Overview
10.2.3 Morris Innovative Vascular Closing Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Morris Innovative Vascular Closing Device Products Offered
10.2.5 Morris Innovative Recent Development
10.3 Transluminal Technologies
10.3.1 Transluminal Technologies Company Information
10.3.2 Transluminal Technologies Introduction and Business Overview
10.3.3 Transluminal Technologies Vascular Closing Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Transluminal Technologies Vascular Closing Device Products Offered
10.3.5 Transluminal Technologies Recent Development
10.4 Vivasure Medical Ltd
10.4.1 Vivasure Medical Ltd Company Information
10.4.2 Vivasure Medical Ltd Introduction and Business Overview
10.4.3 Vivasure Medical Ltd Vascular Closing Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Vivasure Medical Ltd Vascular Closing Device Products Offered
10.4.5 Vivasure Medical Ltd Recent Development
10.5 Cardinal Health
10.5.1 Cardinal Health Company Information
10.5.2 Cardinal Health Introduction and Business Overview
10.5.3 Cardinal Health Vascular Closing Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cardinal Health Vascular Closing Device Products Offered
10.5.5 Cardinal Health Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vascular Closing Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vascular Closing Device Industrial Chain Analysis
11.4 Vascular Closing Device Market Dynamics
11.4.1 Vascular Closing Device Industry Trends
11.4.2 Vascular Closing Device Market Drivers
11.4.3 Vascular Closing Device Market Challenges
11.4.4 Vascular Closing Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vascular Closing Device Distributors
12.3 Vascular Closing Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Life Science Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
