Vascular Closure Devices Market To Reach $2.17 Billion By 2030

October 2024 | Report Format: Electronic (PDF)

Vascular Closure Devices Market Growth & Trends

The global vascular closure devices market size is estimated to reach USD 2.17 billion by 2030, registering a CAGR of 5.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing popularity of femoral artery cardiac catheterization and high success rate of vascular closure device (VCDs) for improved patient comfort and shortening of hemostasis time are potential factors for the projected growth of VCDs market over the forecast period. Adoption of VCDs for diagnostic and therapeutic interventions that facilitate endovascular image-guided interventions to detect coronary heart disease are expected to contribute toward the growth of this market throughout the forecast period.

Moreover, ability of VCDs to overcome complications, such as prolonged bed rest and patient discomfort caused by manual compression, is expected to revolutionize the market growth over the forecast period.


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Vascular Closure Devices Market Report Highlights

  • By product, the active approximators segment held the largest revenue share of 65.7% in 2024, fueled by the increasing demand for minimally invasive procedures and the rising prevalence of cardiovascular diseases.

  • In 2024, the cardiac interventions segment dominated the global market largely due to the high prevalence of cardiovascular diseases worldwide, which necessitates frequent cardiac catheterization procedures.

  • Based on end-use, the Ambulatory Surgical Centers (ASCs) segment is projected to grow at the fastest CAGR over the forecast period.

Vascular Closure Devices Market Segmentation

Grand View Research has segmented the global vascular closure devices market based on product, application, end-use, and region:

Vascular Closure Device Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Passive Approximators

    • Collagen Pugs

    • Sealant or Gel-based Devices

    • Compression-assist Devices

  • Active Approximators

    • Suture-based Devices

    • Clip-based Devices

    • External Heomostatic Devices

Vascular Closure Device Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Cardiac Interventions

  • Cerebrovascular Interventions

  • Peripheral Vascular Interventions

  • Others

Vascular Closure Device End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals and Clinics

  • Ambulatory Surgical Centers

  • Cardiac Catherization Laboratories

Vascular Closure Device Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • UAE

    • Saudi Arabia

    • South Africa

    • Kuwait

List of Key Players in the Vascular Closure Devices Market

  • Abbott

  • Cardinal Health

  • Medtronic

  • Merit Medical

  • Teleflex Incorporated

  • Terumo Medical Corporation

  • Meril Life

  • Haemonetics

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