The Vascular 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 Vascular Closure Devices Market?
The market size of vascular closure devices has experienced significant growth recently. The market is projected to expand from $1.53 billion in 2024 to $1.63 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Vascular Closure Devices Industry?
The vascular closure devices market is predicted to expand significantly in the upcoming years, reaching a value of $2.11 billion in 2029. The market is forecasted to grow with a Compound Annual Growth Rate (CAGR) of 6.7
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What are the Key Growth Drivers Fueling the Vascular Closure Devices Market?
The key drivers in the vascular closure devices market are:
• Rise in ambulatory surgery centers
• Shift toward same-day discharge and patient-centric approaches
• Healthcare cost containment initiatives
• Increasing incidence of cardiovascular diseases
Global Market Segmentation: Identifying Major Vascular Closure Devices Industry Segments
The vascular closure devices market covered in this report is segmented –
1) By Type: Passive Approximators, Active Approximators, External Hemostatic Devices
2) By Access: Femoral Access, Radial Access
3) By End User: Acute Care Facilities, Hospitals, Clinics, Other End Users
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What are the Emerging Trends Shaping the Future of the Vascular Closure Devices Market?
The key trends in the vascular closure devices market are:
• The market is seeing a shift toward same-day discharge and use of ambulatory surgery centers.
• Patient-centric approaches and healthcare cost containment initiatives are key trends.
• The adoption of percutaneous coronary intervention is a significant movement.
• An increase in global collaboration in medical research, remote patient monitoring, and integration with imaging technologies are shaping the future.
Who Are the Top Competitors & Leading Players in the Vascular Closure Devices Market?
Major companies in the vascular closure devices market are:
• Cardinal Health Inc.
• Abbott Laboratories
• Medtronic PLC
• Koninklijke Philips NV
• Boston Scientific Corporation
• Terumo Corporation
• C.R. Bard Inc.
• Cook Medical Inc.
• W. L. Gore & Associates Inc.
• Maquet Getinge Group
• Teleflex Inc.
• BTG International Inc.
• Biotronik GMBH & CO.KG
• Merit Medical System Inc.
• Vygon SA
• Cardiovascular Systems Inc.
• Sirtex Medical Limited
• Endologix LLC
• TZ Medical Inc.
• Cardiva Medical Inc.
• Essential Medical Inc.
• KOAG LLC
• Morris Innovative Inc.
• Vasorum Ltd.
• Scion BioMedical Inc.
• Z-Media LLC
• Advanced Vascular Dynamics
• Transluminal Technologies Inc.
• Tricol Medical Inc.
Regional Dominance: Which Area Leads the Global Vascular Closure Devices Market?
North America was the largest region in the vascular closure devices market in 2024
