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Vascular closure device market - PowerPoint PPT Presentation

Vascular Closure Device Market Forecast to 2025

Vascular closure devices (VCDs) are medical devices used to achieve vascular hemostasis after the puncture of femoral artery during diagnostic angiography procedures or interventional procedures. VCDs are developed as an alternative of mechanical compression. Although mechanical compression is effective method for treatment of hemostasis, it take a longer time period to effectively achieve hemostasis than vascular closure devices. VCDs has been available in the U.S. since 1995, when St. Jude Medical, Inc. received the approval for VasoSeal device. Since then, number of leading medical devices such as Abbott Laboratories, Medtronic Plc, and Terumo Corporation companies have entered in the market.

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Vascular Closure Devices Market worth $984.6 Million by 2022

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%.

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Vascular closure device market - PowerPoint PPT Presentation

Vascular Closure Device Market Forecast to 2025

Vascular Closure Devices Market worth $984.6 Million by 2022