The global Vascular Closure Devices (VCD) Market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Vascular Closure Devices (VCD) market industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The global Vascular Closure Devices (VCD) market size is expected to reach USD 1.67 Billion in 2030 and register a steady revenue CAGR of 7.0% during the forecast period. Growing prevalence of Cardiovascular Diseases (CVD) and obesity is a major factor driving market revenue growth. For example, World Obesity Federation's World Obesity Atlas 2022, released on 04 March 2022, estimates that one billion individuals worldwide, including one in every five women and seven men, would be obese by 2030.

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Cardiovascular diseases are the leading cause of mortality globally, killing an estimated 17.9 million individuals each year. Obesity, along with other cardiovascular risk factors, contributes to development of cardiovascular diseases as well as mortality from cardiovascular disease. Furthermore, prevalence of cardiovascular disorders is rising, due to increasing prevalence of worldwide obesity, which in turn is, rising demand for vascular closure devices.

Product recalls as well as failures is a key restraint for market revenue growth. Despite these advantages, a small number of these devices fail. According to the current study, failure rate for these devices ranges from 1.5% to 20%. One of the most common concerns about utilizing femoral closure devices is groin infection. As a result, it is essential to perform device insertion in a sterile atmosphere with appropriate clothing and draping.

Competitive Terrain:

The global Vascular Closure Devices (VCD) industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key participants include Terumo Corporation, Abbott, Cardinal Health, Cardival Medical, Inc., Medtronic, Morris Innovative, Teleflex Incorporated, Merit Medical Systems, Vasorum Ltd., and Tricol Biomedical.

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How will this Report Benefit you?

The 250-page report by Emergen Research contains 194 tables and 189 charts and graphs. Anyone in need of a commercial, in-depth assessment of the global Vascular Closure Devices (VCD) market and comprehensive market segment analysis can benefit from our new research. With the latest research, you can estimate the entire Vascular Closure Devices (VCD) regional and global markets. To grow your market share, get financial analysis of the entire market and its various segments. We believe there is great potential for fast-growing energy storage technology in this industry. Find out how to leverage current and potential revenue streams in this area. Research also helps you make better strategic decisions, allowing you to formulate growth strategies, enhance competitive analysis, and improve business productivity.

Emergen Research has segmented the global vascular closure devices market based on type, access, procedure, and region:

Type Outlook (Revenue, USD Billion; 2019–2030)
Passive Approximators
Collagen Plugs
Sealant or Gel-based Devices
Compression Assist Devices
Active Approximators
Suture-based Devices
Clip-based Devices
External Hemostatic Devices
Access Outlook (Revenue, USD Billion; 2019–2030)
Femoral Access
Radial Access
Procedure Outlook (Revenue, USD Billion; 2019–2030)
Interventional Cardiology
Interventional Radiology/Vascular Surgery
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Benefits For Stakeholders:

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A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.

Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.

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The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.

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