Global Arteriotomy Closure Devices Market Growth 2023-2029

Global Arteriotomy Closure Devices Market Growth 2023-2029

Arteriotomy closure devices (ACDs) were introduced in 1995 to decrease vascular complications and reduce the time to hemostasis and ambulation. Subsequently, several generations of passive and active ACDs have been introduced that incorporate suture, collagen plug, nitinol clip, and other mechanisms to achieve hemostasis.

LPI (LP Information)' newest research report, the “Arteriotomy Closure Devices Industry Forecast” looks at past sales and reviews total world Arteriotomy Closure Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Arteriotomy Closure Devices sales for 2023 through 2029. With Arteriotomy Closure Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Arteriotomy Closure Devices industry.

This Insight Report provides a comprehensive analysis of the global Arteriotomy Closure Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Arteriotomy Closure Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Arteriotomy Closure Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Arteriotomy Closure Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Arteriotomy Closure Devices.

The global Arteriotomy Closure Devices market size is projected to grow from US$ 1363.7 million in 2022 to US$ 2273.2 million in 2029; it is expected to grow at a CAGR of 2273.2 from 2023 to 2029.

Global Arteriotomy Closure Devices key players include Abbott, St. Jude Medical, Cardinal Health, Arstasis, Cardiva Medical, etc. Global top five manufacturers hold a share over 70%.

USA is the largest market, with a share over 70%, followed by Europe and China, both have a share over 20%.

In terms of product, Active closure devices is the largest segment, with a share over 75%. And in terms of application, the largest application is Procedures by Femoral Arterial Access, followed by Procedures by Transradial Arterial Access, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Arteriotomy Closure Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Passive Closure Devices

Active Closure Devices

Segmentation by application

Procedures by Femoral Arterial Access

Procedures by Transradial Arterial Access

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Abbott

Abbott

Cardinal Health

Arstasis

Cardiva Medical

Vasorum

Key Questions Addressed in this Report

What is the 10-year outlook for the global Arteriotomy Closure Devices market?

What factors are driving Arteriotomy Closure Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Arteriotomy Closure Devices market opportunities vary by end market size?

How does Arteriotomy Closure Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.