“Global Vascular Closure Device Market by Access (Femoral,Radial) & Procedure (Interventional Cardiology, Radiology) ,Type (Passive Approximators (Collagen Plugs SealentGel Based), Active Approximators) – Forecasts to 2022”Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
The global vascular closure devices market is expected to reach USD 984.6 Million by 2022 from USD 704.8 Million in 2017, at a CAGR of 6.9%. The major drivers for this market include the large number of approvals for vascular closure devices, the high prevalence of cardiovascular diseases, high prevalance of obesity, and increasing focus of market players on large-bore vascular closure devices.
The report provides an overall understanding of the market. In this report, the market is segmented on the basis of type, access, procedures, and geographies. The type segment includes passive approximators, active approximators, and external hemostasis devices. Among these type segments, the passive approximators segment is expected to account for the largest share of the vascular closure devices market in 2017. The access segment includes femoral access and radial access. The procedure segment includes interventional cardiology and interventional radiology/vascular surgery. The geographic segments included in this report are North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
A combination of bottom-up and top-down approaches was used to calculate the market sizes and growth rates of the market and its subsegments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each subsegment and the relative differences in growth rates.
Geographic analysis reveals that the North American segment is expected to account for the largest share of the market in 2017, owing to the increasing prevalence of cardiovascular diseases in the U.S., growing trend of one-day surgery for vascular procedures, and the increasing number of research and clinical trials for vascular closure devices.
The major players in this market are Terumo Corporation (Japan), Abbott (U.S.), Cardinal Health Inc. (U.S.), and Cardiva Medical Inc. (U.S.).
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This research, highlighting the current situation of the Global Vascular Closure Device market, focuses on answering some of the important questions faced by stakeholders. By providing answers to all of these questions related to the key drivers and dominant companies, the report’s authors also focus on different factors, which would create new growth opportunities in the Global Vascular Closure Device market.
Prepared by an expert team, the report on the Global Vascular Closure Device market highlights recent developments, key trends, and new project developments in the market. As leading companies take efforts to maintain their dominance in the Global Vascular Closure Device market, the right way to do so is by adopting new technologies and strategies.
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For a stronger and more stable business outlook, the report on the Global Vascular Closure Device market carries key projections that can be practically studied. The report highlights major technological developments and changing trends adopted by key companies over a period of time. To achieve this, the research segments and sub-segments the Global Vascular Closure Device market by using many criteria. The growth predictions for each of these segments are included in the report.
The regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America have been studied in depth to gain better market penetration and assure exact analysis. Top manufacturers have been given prime importance to make sure their strategies are understood and their position in this particular market can be elucidated.
The research on the Global Vascular Closure Device market will be useful to investors, regularity authorities, and policy makers, state the analysts. Independent research institutions, commercial entities, and non-profit organization in this sector can also benefit from the report. Key companies operating in the Global Vascular Closure Device market are profiled by considering factors such as capacity production, products/services, applications, cost, gross, and revenue.
Finally, the research directs its focus towards the possible strengths, weaknesses, opportunities, and threats that can affect the growth of the Global Vascular Closure Device market. The feasibility of new projects is also measured in the report by the analysts.
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