IQ4I Research & Consultancy published a new report on “Vascular Closure Devices Global Market –...

7/24/2019 IQ4I Research & Consultancy published a new report on Vascular Closure Devices Global Market Forecast To 20

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IQ4I Research & Consultancy Pvt. Ltd. Page 1

Vascular Closure Devices Global Market

Forecast to 2022

Vascular Closure Devices Global Market worth $1.7 Billion by 2022

IQ4I Research & Consultancy published a new report on Vascular Closure DevicesGlobal Market Forecast To 2022 analyzes and studies the major market drivers &Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of theWorld

IQ4Is Report Contains 73 m arket data tables and 35 f igures spread throu gh 205 pages and an exhaustive TOC on Vascular Closur e Devices Global Market [TYPE(Active {Clips, Suture-mediated devices & Plugs [Collagen based, Polymer based,Femoral Introducer Sheath and Hemostasis Device (FISH)]} & Passive {HemostaticPads/Patches & Compression devices}); INTERVENTION (Diagnostic & Therapeutic);ACCESS (Femoral & Radial); REGIONAL (North America, Europe, Asia Pacific andRest of the World)]

This report analyzes the Vascular closure devices global market in terms of market revenue

($ million) for all segments and it enables vascular closure products manufacturers, vascular

closure products distributors and wholesalers, contract manufacturers, vascular care

associations, physicians office, clinics, hospitals and other associated stake holders to

identify and analyze market expansion opportunities, upcoming technologies, technological

developments, competition in vascular closure devices global market.

Vascular closure is a procedure done for the closure of the punctured arterial wall after the

performance of the catheterization procedure using the active and passive approximators.

The active and passive approximators are the vascular closure device that reduce the blood

loss with better hemostasis and reduce the time of ambulation with an increase the patient

comfort. They are designed to provide quick and reliable hemostasis of access site after the

invasive catheterization procedure. They were introduced in the 1990s to overcome the

complications caused by the manual compression. The vascular closure devices global

market is expected to grow at a high single digit CAGR to reach $1,665.2 million by 2022.

The vascular closure devices global market is segmented by product type, access,

intervention and geography.

The factors driving the growth of this market are increasing catheterization related

procedures (PCI), preference for minimally-invasive solutions & rise in vascular procedures,

ease in usage and quick hemostatic properties of VCDs, and increased utilization of

transradial arterial access are driving the growth of the market. High price of products,


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Forecast to 2022

complications associated with VCD, less adoption of novel technologies in emerging

countries are hampering the market of vascular closure. Reduced reimbursement, usage of

animal related sources and lower revenue potential of VCD are threats for the marketgrowth.

The vascular closure device global market is segmented by product type, access,

intervention and geography. Products are sub segmented into active and passive

approximator products. Under the active approximators there are clips, suture mediated

devices, and plugs. Plugs market is again classified into FISH, collagen based and polymer

based. Under the passive approximators there are hemostatic pads and compression

devices. By intervention the vascular closure markets are divided into diagnostic andtherapeutic. Based on the access site the market is segmented into femoral access and

radial access.

Geographical wise North America is the largest market, followed by Europe and Asia Pacific.

The North America regions suggest an array of opportunities for growth and are likely to be

getting into the eyes of new investors in the vascular closure market. Growth is attributed to

rising prevalence of lifestyle diseases and government initiatives in establishing innovative

technologies and demand for sophisticated medical services.

Some of the key players of the vascular closure market are Abbott Laboratories (U.S.),

Advanced Vascular Dynamics (U.S.), B Braun Melsungen AG (Germany), Biotronik

Corpotation (Germany), C R Bard International (U.S.), Cardinal Health (U.S.), Cardiva

medical (U.S.), Morris Innovative (U.S.), Scion Biomedical (U.S.), St Jude Medical (U.S.),

Terumo Corporation (Japan) and Vascular Solutions, Inc (U.S.).


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Reasons for buying this report:

Identification and analysis of the vascular closure devices global market byidentifying various segments such as type, intervention, access and geography.

Revenue forecast of the vascular closure devices market and strategic analysis of

each submarket with respect to segmental growth trends.

Identification of the major market trends and factors driving or inhibiting the growth of

the global vascular closure devices market.

Revenue forecast of the vascular closure devices market with respect to North

America, Europe, Asia-Pacific and the Rest of the World (RoW) regions.

Analysis of the opportunities for stakeholders by identifying the high-growthsegments of the market.

Identification of key technology developments and innovations driving the market

Patent analysis

Reimbursement scenario and supply chain analysis of the vascular closure devices

Profiles of major players in vascular closure devices market with details of their

product offerings, revenues, business strategies and market shares.


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Forecast to 2022

FIGURE 1

VASCULAR CLOSURE DEVICES GLOBAL MARKET SEGMENTATION

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By Region


North AmericaActiveApproximators

Clips

Suture MediatedDevices

Collagen based

Europe

Asia-Pacific

ROW

By Products

PassiveApproximators

Femoral

By Access

Plugs

CompressionDevices

Polymer based

Diagnostic

Radial

By Intervention

Therapeutics

FISH

Hemostaticpads/patches

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