vascular closure devices

Vascular Closure Devices Market Size worth $927 Million by 2021: Market Data Forecast,
Inc.
The global vascular closure devices market is estimated at a market value of USD 658
Million in 2016 and is projected to reach USD 927.3 Million by 2021 at a CAGR of 7.1%.
Vascular Closure Devices are used to close perforations in blood vessels during surgeries.
Using vascular closure devices is a lot more effective and easier in comparison to the
traditional manual compression.
Increasing number of patients suffering from cardiovascular diseases, growing elderly
population, and rising number of surgeries are some of the key factors that are fuelling the
market growth. However, factors like high cost and lack of awareness towards VCDs in the
developing countries are severely restricting the growth of the market.
North America occupies a major share of the market globally owing to the high amount of
research and clinical trials on VCDs. Asia-Pacific is expected to show a huge growth rate
during the forecast period.
Browse full research report with TOC on "Vascular Closure Devices Market By Type (Passive
Approximators, Active Approximators, External Hemostatic Devices), By Access (Femoral
And Radial Access), By Procedure (Interventional Cardiology, Radiology/Vascular Surgery),
By End User (Acute Care Facilities, Hospitals And Clinics) And By Region - Global Industry
Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)" at:
https://www.marketdataforecast.com/market-reports/vascular-closure-devices-market3536/
Market Data Forecast has segmented the Vascular Closure Devices with respect to Type,
Access, Procedure, and End User.
Customize Report: https://www.marketdataforecast.com/market-reports/vascular-closuredevices-market-3536/customize-report
Further Key Findings from the Report Suggest:
•
Active approximators segmented accounted for the major share of the market due
to its greater efficiency.
•
Femoral access segment being preferred by the majority of physicians across the
world is dominating the market share in comparison to the other market segments
based on access.
•
Acute care facilities segment dominated the market in comparison to other end
users like hospitals and clinics as there is an increase in emergency cases of
cardiovascular surgeries.
•
Cardiva Medical Inc. and Cardinal Health Inc. are the key players in the market.
•
The increased demand for minimally invasive cardiovascular surgical procedures in
Canada is a key driver of the North America Vascular Closure Devices market.
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Global Vascular Closure Devices Market was worth USD 658.07 Million in 2016 and is estimated to be growing at a CAGR of 7.1%, to reach USD 927.3 Million by 2021.