PUNE, India, May 16, 2017 /PRNewswire/ --
Vascular closure devices market is expected to reach $984.6 million from $704.8 million, at a CAGR of 6.9% from 2016-2021.Major drivers include large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases, high prevalence of obesity, and increasing focus of market players on large-bore vascular closure devices.
Browse 61 tables and 30 figures, 23 Company profiles spread across 128 pages available at:
http://www.reportsnreports.com/reports/992564-vascular-closure-device-market-by-type-passive-approximators-collagen-plugs-sealent-gel-based-active-approximators-clip-suture-devices-access-femoralradial-procedure-interventional-cardiology-radiolo-ts-to-2022.html .
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 market is segmented on the basis of type, access, procedure, and geography. The type segment includes passive approximat ors, active approximators, and external he most as is devices. The passive approximators segment is expected to account for the largest share of the vascular closure devices market in 2017. Passive approximators are the most commonly used vascular closure devices in the market owing to their increased safety and fewer complications than manual procedures.
On the basis of procedures, the vascular closure devices market includes interventional cardiology and interventional radiology/vascular surgery. The interventional cardiology segment is expected to hold the largest share of the market in 2017. This can primarily be attributed to the rapidly increasing obese population and the high prevalence of cardiovascular diseases across the globe.
The access segment includes femoral and radial. The femoral access segment is estimated to account for the largest share of the market in 2017 owing to fewer complications involved during arterial access and the preference of cardiologists and physicians for conducting interventional procedures through femoral access.
The procedures segment of the vascular closure devices market includes interventional cardiology and interventional radiology/vascular surgery. The interventional cardiology segment is expected to hold the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high prevalence of cardiovascular diseases and increasing obese population across the globe.
The geographic segments in this report include North America, Europe, Asia-Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high prevalence of cardiovascular diseases in the U.S., growing trend of one-day surgery for vascular procedures, and increasing research and clinical trials for vascular closure devices.
Order a copy of Vascular Closure Device Market by Type (Passive Approximators (Collagen Plugs Sealent/Gel Based), Active Approximators (Clip, Suture Devices)), Access (Femoral,Radial) & Procedure (Interventional Cardiology, Radiology) - Global Forecasts to 2022 Research Report At:
http://www.reportsnreports.com/purchase.aspx?name=992564 .
Acquisitions and product approvals were the dominant strategies adopted by key industry participants to increase their market shares and cater to unmet needs. Major players include Terumo Corporation (Japan), Abbott (U.S.), Cardinal Health Inc. (U.S.), and Cardiva Medical Inc. (U.S.).Other players include Morris Innovative, Inc. (U.S.), Medtronic plc (Ireland), Essential Medical, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), TZ Medical, Inc. (U.S.), and Vasorum Ltd.(Ireland).
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Explore more reports on Medical Devices market at:
http://www.reportsnreports.com/market-research/medical-devices/
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Contact: Ritesh Tiwari 2nd Floor, Metropole Building, Next to Inox Theatre, Bund Garden Road, Pune - 411001. Maharashtra, India. +1-888-391-5441 [email protected]
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Vascular closure devices market is expected to reach $984.6 million from $704.8 million, at a CAGR of 6.9% from 2016-2021.Major drivers include large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases, high prevalence of obesity, and increasing focus of market players on large-bore vascular closure devices.
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Browse 61 tables and 30 figures, 23 Company profiles spread across 128 pages available at:
http://www.reportsnreports.com/reports/992564-vascular-closure-device-market-by-type-passive-approximators-collagen-plugs-sealent-gel-based-active-approximators-clip-suture-devices-access-femoralradial-procedure-interventional-cardiology-radiolo-ts-to-2022.html .
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 market is segmented on the basis of type, access, procedure, and geography. The type segment includes passive approximat ors, active approximators, and external he most as is devices. The passive approximators segment is expected to account for the largest share of the vascular closure devices market in 2017. Passive approximators are the most commonly used vascular closure devices in the market owing to their increased safety and fewer complications than manual procedures.
On the basis of procedures, the vascular closure devices market includes interventional cardiology and interventional radiology/vascular surgery. The interventional cardiology segment is expected to hold the largest share of the market in 2017. This can primarily be attributed to the rapidly increasing obese population and the high prevalence of cardiovascular diseases across the globe.
The access segment includes femoral and radial. The femoral access segment is estimated to account for the largest share of the market in 2017 owing to fewer complications involved during arterial access and the preference of cardiologists and physicians for conducting interventional procedures through femoral access.
The procedures segment of the vascular closure devices market includes interventional cardiology and interventional radiology/vascular surgery. The interventional cardiology segment is expected to hold the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high prevalence of cardiovascular diseases and increasing obese population across the globe.
The geographic segments in this report include North America, Europe, Asia-Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high prevalence of cardiovascular diseases in the U.S., growing trend of one-day surgery for vascular procedures, and increasing research and clinical trials for vascular closure devices.
Order a copy of Vascular Closure Device Market by Type (Passive Approximators (Collagen Plugs Sealent/Gel Based), Active Approximators (Clip, Suture Devices)), Access (Femoral,Radial) & Procedure (Interventional Cardiology, Radiology) - Global Forecasts to 2022 Research Report At:
http://www.reportsnreports.com/purchase.aspx?name=992564 .
Acquisitions and product approvals were the dominant strategies adopted by key industry participants to increase their market shares and cater to unmet needs. Major players include Terumo Corporation (Japan), Abbott (U.S.), Cardinal Health Inc. (U.S.), and Cardiva Medical Inc. (U.S.).Other players include Morris Innovative, Inc. (U.S.), Medtronic plc (Ireland), Essential Medical, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), TZ Medical, Inc. (U.S.), and Vasorum Ltd.(Ireland).
Related Reports:
Vascular Stent Market by Type (BMS, BVS, Drug Eluting), Product (Coronary, Peripheral, Carotid, Femoral, Aortic Aneurysm), Material [Metal (Stainless Steel, PtCr, Nitinol), Polymer], End User (Hospital, Cardiology Center, ASC)- Global Forecast to 2021
Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables), End User (Hospital, Home Care), Indication - Global Forecast to 2021
Medical Connectors Market by Product (Flat Silicone, Hybrid, Embedded, Radio Frequency, Push-Pull), Application (Patient Monitoring, Electrosurgery, Endoscopy, Diagnostic Imaging, Respiratory, Dental Device) & by End User - Global Forecast to 2021
Explore more reports on Medical Devices market at:
http://www.reportsnreports.com/market-research/medical-devices/
About Us:
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.
Contact: Ritesh Tiwari 2nd Floor, Metropole Building, Next to Inox Theatre, Bund Garden Road, Pune - 411001. Maharashtra, India. +1-888-391-5441 [email protected]
Connect with Us:
LinkedIn: http://www.linkedin.com/company/reportsnreports
RSS/Feeds: http://www.reportsnreports.com/feed/l-latestreports.xml
SOURCE ReportsnReports
