Vascular Closure Devices (VCD) Market: Opportunities and Challenges in a Rapidly Evolving Industry
Global Vascular Closure Devices (VCD) Market Research Report and Forecast to 2030 is an investigative report providing an extensive study of the global Vascular Closure Devices (VCD) Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Vascular Closure Devices (VCD) Market on the global and regional scale, along with a thorough forecast estimation to 2021. The new report is updated with the impact of the COVID-19 pandemic on the Vascular Closure Devices (VCD) Market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region.
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The global Vascular
Closure Devices (VCD) market size is expected to reach USD 1.67
Billion in 2030 and register a steady revenue CAGR of 7.0% during the forecast
period. Growing prevalence of Cardiovascular Diseases (CVD) and obesity is a
major factor driving market revenue growth.
For example, World Obesity
Federation's World Obesity Atlas 2022, released on 04 March 2022, estimates
that one billion individuals worldwide, including one in every five women and
seven men, would be obese by 2030. Cardiovascular diseases are the leading
cause of mortality globally, killing an estimated 17.9 million individuals each
year. Obesity, along with other cardiovascular risk factors, contributes to
development of cardiovascular diseases as well as mortality from cardiovascular
disease. Furthermore, prevalence of cardiovascular disorders is rising, due to
increasing prevalence of worldwide obesity, which in turn is, rising demand for
vascular closure devices.
The researchers have considered all
the factors influencing the growth of the Vascular Closure Devices
(VCD) market on the global and regional scale. The report considers the
COVID-19 pandemic as one of the key influencing factors of the Vascular
Closure Devices (VCD) market. The pandemic has disrupted the supply chains
and economic scenario of the market and has hindered the growth of the market.
The report discusses in detail the overall impact of the COVID-19 pandemic on
the Vascular Closure Devices (VCD) market and its key segments. The
report also offers a current and future impact of the COVID-19 pandemic on the
market.
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The competitive landscape of the report
has been formulated by considering all the vital parameters such as company
profiling, market share, recent developments and advancements, gross margins,
product portfolio, revenue generation, financial standing, market position, and
expansion plans. The report also discusses in detail the recent mergers and
acquisitions, joint ventures, collaborations, product launches and brand
promotions, agreements, corporate and government deals, and partnerships, among
others. The report also sheds light on the recent technological developments
and product advancements in the Vascular Closure Devices
(VCD) market.
Furthermore, the report provides
details about the new players entering the market, and entry-level barriers and
offers strategic recommendations to overcome those barriers to gain a
substantial industry presence.
The leading
market contenders listed in the report are as follows:
Terumo Corporation, Abbott, Cardinal
Health, Cardival Medical, Inc., Medtronic, Morris Innovative, Teleflex
Incorporated, Merit Medical Systems, Vasorum Ltd., and Tricol Biomedical.
The report also covers the scope of
individual applications and types in each region. The report also covers
details about production and consumption patterns, technological developments,
revenue growth, market size, market share, key trends and demands influencing
market growth in the region, and robust presence of key players in the region.
Emergen Research
has segmented the global vascular closure devices market based on type, access,
procedure, and region:
- Type Outlook (Revenue, USD Billion;
2019–2030)
- Passive Approximators
1. Collagen Plugs
2. Sealant or Gel-based Devices
3. Compression Assist Devices
- Active Approximators
1. Suture-based Devices
2. Clip-based Devices
- External Hemostatic Devices
- Access Outlook (Revenue, USD Billion;
2019–2030)
- Femoral Access
- Radial Access
- Procedure Outlook (Revenue, USD Billion;
2019–2030)
- Interventional Cardiology
- Interventional Radiology/Vascular
Surgery
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Global Vascular
Closure Devices (VCD) Market Geographical Landscape - Synopsis:
The report closely studies the growth
trajectory of the global Vascular Closure Devices (VCD) market. It
brings to light the global dominance of the leading regional segments,
including North America, Asia Pacific, Europe, Latin America, and the
Middle East & Africa.
The study elaborates on the crucial
information pertaining to the regional market share. It simultaneously focuses
on the significant details about the growth patterns of each regional market.
Moreover, the report encases an
exhaustive geographical study of the market, emphasizing the business growth
prospects and market barriers for each of the key market regions.
Radical Features
of the Vascular Closure Devices (VCD) Market Report:
The report encompasses Vascular
Closure Devices (VCD) market overview along with market share, demand and
supply ratio, production and consumption patterns, supply chain analysis, and
other ley elements
An in-depth analysis of the different
approaches and procedures undertaken by the key players to conduct business
efficiently
Offers insights into production and
manufacturing value, products and services offered in the market, and fruitful
information about investment strategies
Supply chain analysis along with
technological advancements offered in the report
The report covers extensive analysis
of the trends, drivers, restraints, limitations, threats, and growth
opportunities in the Vascular Closure Devices (VCD) industry
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