Global Vascular Closure Devices Market to grow at a CAGR of 8.67% during 2016-2020: Key Vendors are Cardinal Health, St. Jude Medical, Abbott Laboratories, Vascular Solutions

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About the Vascular Closure Devices Market

The global vascular closure devices market is likely to grow at a steady pace during the forecast period. This is because many clinical studies regarding vascular closure devices raised concerns about their safety and efficacy profiles. In many clinical cases, manual compressions were used as vascular closure devices that failed to show their efficacy. Vascular closure devices are used for both diagnostic and therapeutic interventions.

Concerns regarding these devices have led vendors to invest extensively in their R&D. These devices help in the diagnosis and treatment of cardiac diseases. A rise in the incidence of these diseases will lead to the demand and sales of vascular closure devices. The sales will further increase with the rapid adoption of minimally invasive equipment for cardiac surgeries. Minimally invasive surgeries such as angiography cause less pain, minimize infections, and help reduce hospital stay.

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Technavios analysts forecast the global vascular closure devices market to grow at a CAGR of 8.67% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global vascular closure devices market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of vascular closure devices used for arteriotomy site closure after cardiac catheterization.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Vascular Closure Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Femoral artery access for cardiac catheterization
Radial artery access for cardiac catheterization
PART 05: Impact of comparative study on manual compression and vascular closure device
Clinical studies to compare vascular closure devices to manual compression devices
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by product
Global vascular closure devices market for active approximators
Global vascular closure devices market for passive approximators
PART 08: Market segmentation by application
Diagnostic intervention
Therapeutic intervention

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