Reports - U.S. Vascular Closure Devices Market
U.S. Vascular Closure Devices Market Size, Share & Trends Analysis Report by Type (Passive Approximators, Active Approximators, External Hemostatic Devices) by Access (Femoral Access, Radial Access) by Procedure (Interventional Cardiology, Interventional Radiology/Vascular Surgery) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)
Industry Leaders Trust Us For Actionable Intelligence
USD 613.5 Million
USD 1109.4 Million
5.6%
XX
XX
2024
2021 - 2023
2025 - 2035
By Type, By Access, By Procedure
The final deliverable will encompass both quantitative and qualitative data, providing a comprehensive analysis of the market. The scope is customizable.
The U.S. Vascular Closure Devices Market is valued at USD 613.5 Million in 2024 and is projected to reach a value of USD 1109.4 Million by 2035 at a CAGR (Compound Annual Growth Rate) of 5.6% between 2025 and 2035. The market is driven by rising prevalence of chronic diseases, advancements in minimally invasive techniques.
The U.S. U.S. Vascular Closure Devices market is driven by growing demand for quicker patient recovery post-angiographic procedures, technological advancements, and a growing emphasis on minimally invasive procedures. Furthermore, the aging population in the U.S. significantly impacts the market, as older patients are more likely to undergo interventional procedures requiring effective vascular closure solutions. For instance, according to ACL, in the United States, there were 57.8 million people 65 and over in 2022. More than one in six Americans, or 17.3% of the population, were represented by them. Companies invest heavily in R&D to stay competitive and address the evolving needs of healthcare providers. Additionally, regulatory approvals and adherence to stringent guidelines are vital for market entry and product success.
The Type Segment is divided into Passive approximators, Active approximators, and External hemostatic devices. The Active approximators held the dominant share in 2024, accounting for significant market share of 59.4%.
The Active approximators primarily includes suture -based and clip-based devices, each leveraging distinct methodologies to ensure effective closure and hemostasis. Suture-based devices offer excellent dependability and versatility to different clinical settings by using automated or manual suturing techniques to secure the vascular puncture site. Furthermore, clip-based systems provide a rapid and effective way to accomplish closure by approximating the vessel walls using mechanical clips.
The Access Segment is divided into Femoral Access and Radial Access. The Femoral Access held the dominant share in 2024, accounting for significant market share of 71.1%.
The market for femoral access VCDs is robust, with leading companies like Terumo Corporation and Medtronic driving innovation. For instance, Medtronic’s Angio-Seal product is a prominent player in this space, offering advanced hemostatic technology that addresses common complications associated with femoral access, such as hematoma and prolonged recovery. Recent advancements focus on reducing the size of closure devices and improving ease of deployment, which aligns with the broader trend towards minimally invasive procedures.
The Access Segment is divided into Interventional cardiology and Interventional radiology/Vascular surgery. The Interventional cardiology held the dominant share in 2024, accounting for significant market share of 79.9%.
Interventional cardiology is a significant segment driven by the high prevalence of cardiovascular diseases and the growing demand for minimally invasive procedures. Interventional cardiology procedures, such as percutaneous coronary interventions (PCI), frequently require vascular closure solutions to ensure effective hemostasis and reduce post -procedural complications. The demand for VCDs in interventional cardiology is fueled by the need to manage arterial access sites and prevent complications such as bleeding and hematoma formation.
Track market trends LIVE & outsmart rivals with our Premium Data Intel Tool: Vantage Point
Increasing Prevalence of Cardiovascular Diseases
As heart disease remains the leading cause of mortality in the U.S., with approximately 696,000 deaths reported annually according to the Centers for Disease Control and Prevention (CDC), the necessity for effective and reliable vascular closure solutions has never been more critical. This high incidence of cardiovascular conditions results in a substantial volume of diagnostic and interventional procedures, which in turn drives the need for advanced VCDs. The device is designed to achieve hemostasis quickly and effectively, reducing the risk of post-procedural bleeding and allowing for faster patient mobilization. Similarly, the Perclose ProGlide Suture-Mediated Closure System by Abbott is widely utilized in both diagnostic and interventional cardiology for its ability to offer secure closure with minimal discomfort and quick recovery.
Innovation In Device Design and Materials
The continuous advancement in materials science and engineering is paving the way for more effective and patient-friendly VCDs, addressing some of the limitations associated with traditional devices. Bioresorbable VCDs are designed to dissolve naturally within the body over time, eliminating the need for device retrieval and minimizing the risk of long -term complications such as infection or vessel injury. For example, the FDA-approved Myna Vascular Closure Device utilizes a bioresorbable plug that provides rapid hemostasis and gradually absorbs into the body, offering a safer and more convenient option compared to traditional metal-based devices. This advancement not only reduces patient discomfort but also enhances overall procedural outcomes.
The U.S. Vascular Closure Devices market is characterized by dynamic and evolving environment with several key players and their ongoing advancement. Major Players are Terumo corporation, Abbott vascular, cardinal health, Cardiva Medical Inc., Medtronic Plc, COOK, Merit Medical Systems Inc., C.R. bard Inc, Essential Medical Inc, Other Companies. These companies focus on innovations, product launches, and strategic mergers or acquisitions to strengthen their market positions. Smaller, specialized companies are also entering the market, offering niche or cost-effective solutions. Increasing regulatory approvals and continuous R&D investments in advanced vascular closure technologies play a significant role in shaping competition.
Medtronic plc announced a strategic partnership with Merit Medical Systems
Abbott’s acquisition of Cardiovascular Systems Inc
The global U.S. Vascular Closure Devices market can be categorized as Type, Access, Disorder and Region.
Parameter | Details |
---|---|
Segment Covered | By Type
By Access
By Procedure
|
Companies Covered |
|
Customization Scope | Enjoy complimentary report customization—equivalent to up to 8 analyst working days—with your purchase. Customizations may include additions or modifications to country, regional, or segment-level data. |
Pricing and purchase options | Access flexible purchase options tailored to your specific research requirements. Explore purchase options |
Key features include:
Contact
Toll Free Number+1 (877) 462-2282