Market Intelligence on Arteriotomy Closure Devices Industry 2025 – For Corporate Strategy and Innovation

 

This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Arteriotomy Closure Devices industry. #What is the expected value of the arteriotomy closure devices market over the forecast period?# The arteriotomy closure devices market size has grown strongly in recent years. It will grow from  $1.61 billion in 2024 to $1.73 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%.  The growth in the historic period can be attributed to an increasing number of minimally invasive surgeries, a growing prevalence of cardiovascular diseases, rising adoption of catheterization procedures, an increasing aging population, and demand for quicker recovery times. The arteriotomy closure devices market size is expected to see strong growth in the next few years. It will grow to  $2.26 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%.  The growth in the forecast period can be attributed to the rising incidence of atherosclerosis, the growing number of coronary artery diseases, increased focus on patient safety and comfort, growing healthcare infrastructure in emerging economies, and rising demand for ambulatory surgical centers. Major trends in the forecast period include minimally invasive techniques, adoption of bioresorbable materials, integration of automation in closure procedures, improving procedural efficiency, and innovations in closure devices for large arterial punctures. #Download Your Free Sample PDF:# https://www.thebusinessresearchcompany.com/sample.aspx?id=20712&type=smp #What industry dynamics are acting as key growth drivers for the arteriotomy closure devices market?# The increase in the prevalence of cardiovascular diseases (CVDs) is expected to propel the growth of the arteriotomy closure devices market going forward. Cardiovascular diseases (CVDs) refer to a group of disorders that affect the heart and blood vessels. The increase in the prevalence of cardiovascular diseases (CVDs) is largely due to rising rates of risk factors such as unhealthy diets, physical inactivity, and obesity, along with an aging population. Arteriotomy closure devices are essential in cardiovascular treatments as they quickly and securely close arterial puncture sites, reducing complications and improving recovery after procedures like angioplasties and catheterizations. For instance, in September 2024, according to the British Heart Foundation, a UK-based cardiovascular research charity, in the UK, approximately 7.6 million individuals are currently affected by heart and circulatory diseases, comprising 4 million men and 3.6 million women. By 2030, this number could increase by 1 million, and by 2040, it may rise to 2 million more than the current figures. Therefore, the increase in the prevalence of cardiovascular diseases (CVDs) is driving growth in the arteriotomy closure devices market. #What are the fastest-growing segments in the arteriotomy closure devices market forecast period?# The arteriotomy closure devices market covered in this report is segmented – 1) By Product: Active Closure Devices, Passive Closure Devices 2) By Application: Femoral Arterial Access Procedures, Radial Arterial Access Procedures 3) By End User: Hospitals, Ambulatory Care Centers, Other End Users Subsegments: 1) By Active Closure Devices: Suture-Based Devices, Staple-Based Devices, Vascular Closure Devices With Collagen Or Hemostatic Agents, Balloon-Based Devices 2) By Passive Closure Devices: Compression Devices, Hemostatic Patches Or Sponges, Vascular Plugs Or Plugs #View The Full Market Report:# https://www.thebusinessresearchcompany.com/report/arteriotomy-closure-devices-global-market-report #What are the most notable trends influencing investment in the arteriotomy closure devices sector?# Major companies operating in the arteriotomy closure devices market are prioritizing product innovation to enhance procedural efficiency, improve patient outcomes, and meet the rising demand for minimally invasive vascular access solutions. A mid-bore venous closure device is a medical tool designed to seal venous access sites created by mid-sized catheters or sheaths, promoting hemostasis and aiding in patient recovery after interventional procedures. For instance, in June 2024, Haemonetics Corp, a US-based healthcare company, expanded its VASCADE portfolio with the launch of the VASCADE MVP XL mid-bore venous closure device. This device, tailored for larger sheaths (10-12F, up to 15F outer diameter) used in procedures like cryoablation, incorporates 58% more collagen and a larger collapsible disc to achieve rapid hemostasis. Complementing Haemonetics' existing range of small- and mid-bore vascular closure solutions, this innovation underscores the company's leadership in advanced closure technologies. #Which major players hold significant market share in the arteriotomy closure devices sector?# Major companies operating in the arteriotomy closure devices market are  Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Terumo Corporation, Teleflex Incorporated, Cook Medical Incorporated, Lepu Medical Technology (Beijing) Co. Ltd., Meril Life Sciences Pvt. Ltd., Haemonetics Corporation, Cordis Corporation, Asahi Intecc Co. Ltd., LeMaitre Vascular Inc., Cardiva Medical Inc., AccessClosure Inc., Vasorum Limited, Invamed (Pty) Ltd., Artio Medical Inc., SUTUREGARD Medical Inc., Vivasure Medical #Which regional segments are forecasted to witness the fastest growth in the arteriotomy closure devices market?# North America was the largest region in the arteriotomy closure devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arteriotomy closure devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. #How Can Companies Use The Arteriotomy Closure Devices Market Report to Drive Business Results?# This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to: • Time market entry or expansion using growth forecasts and CAGR trends. • Develop competitive products by tracking key technology shifts and user preferences. • Tailor regional strategies with in-depth geographic data and local market dynamics. • Benchmark and plan partnerships using competitive landscape insights. #Purchase The Report And Get A Swift Delivery:# https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20712 #Need Customized Data On Arteriotomy Closure Devices Market?# For companies needing more tailored intelligence, The Business Research Company offers customized consulting and data services. Whether you're entering new regions, launching innovative products, or assessing M&A opportunities, our experts can develop actionable insights specific to your business objectives. #Request Customized Data:# https://www.thebusinessresearchcompany.com/customise?id=20712&type=smp #About The Business Research Company:# With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.