The Arteriotomy Closure Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Arteriotomy Closure Devices Market?
The global market size of arteriotomy closure devices has been expanding robustly and is projected to increase from $1.61 billion in 2024 to $1.73 billion in 2025. This market growth reflects a compound annual growth rate (CAGR) of 7.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Arteriotomy Closure Devices Industry?
By 2029, the arteriotomy closure devices market is anticipated to grow to a market size of $2.26 billion, with a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Arteriotomy Closure Devices Market?
The key drivers in the arteriotomy closure devices market are:
•Rising incidence of atherosclerosis and coronary artery diseases
•Increased focus on patient safety and comfort
•Growing healthcare infrastructure in emerging economies
•Rising demand for ambulatory surgical centers
Global Market Segmentation: Identifying Major Arteriotomy Closure Devices Industry Segments
The arteriotomy closure devices market covered in this report is segmented –
1) By Product: Active Closure Devices, Passive Closure Devices
2) By Application: Femoral Arterial Access Procedures, Radial Arterial Access Procedures
3) By End User: Hospitals, Ambulatory Care Centers, Other End Users
Subsegments:
1) By Active Closure Devices: Suture-Based Devices, Staple-Based Devices, Vascular Closure Devices With Collagen Or Hemostatic Agents, Balloon-Based Devices
2) By Passive Closure Devices: Compression Devices, Hemostatic Patches Or Sponges, Vascular Plugs Or Plugs
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What are the emerging Trends Shaping the Future of the Arteriotomy Closure Devices Market?
The key trends in the arteriotomy closure devices market are:
•The market is being shaped by a rising preference for minimally invasive techniques.
•Adoption of bioresorbable materials is a significant emerging trend.
•The integration of automation in closure procedures is becoming more prevalent.
•There is a growing emphasis on improving procedural efficiency and innovations in closure devices for large arterial punctures.
Who Are the Top Competitors & Leading Players in the Arteriotomy Closure Devices Market?
Major players in the arteriotomy closure devices market are:
• Cardinal Health Inc.
• Johnson & Johnson
• Abbott Laboratories
• Medtronic PLC
• Terumo Corporation
• Teleflex Incorporated
• Cook Medical Incorporated
• Lepu Medical Technology (Beijing) Co. Ltd.
• Meril Life Sciences Pvt. Ltd.
• Haemonetics Corporation
• Cordis Corporation
• Asahi Intecc Co. Ltd.
• LeMaitre Vascular Inc.
• Cardiva Medical Inc.
• AccessClosure Inc.
• Vasorum Limited
• Invamed (Pty) Ltd.
• Artio Medical Inc.
• SUTUREGARD Medical Inc.
• Vivasure Medical
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the arteriotomy closure devices market in 2024
