Artery Compression Devices Market
By Product Type;
Band/Strap Based, Knob Based, and Plate BasedBy Usage;
Disposable Device and Reusable DeviceBy Application;
Diagnostic intervention and Surgical interventionBy End User;
Hospitals, Independent Catheterization Labs, Ambulatory Surgery Centers, and Specialized CentersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Artery Compression Devices Market Overview
Artery Compression Devices Market (USD Million)
Artery Compression Devices Market was valued at USD 265.71 million in the year 2024. The size of this market is expected to increase to USD 381.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.
Artery Compression Devices Market
*Market size in USD million
CAGR 5.3 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.3 % |
Market Size (2024) | USD 265.71 Million |
Market Size (2031) | USD 381.43 Million |
Market Concentration | Medium |
Report Pages | 327 |
Major Players
- Terumo Corporation
- Abbott Laboratories
- Merit Medical Systems, Inc
- Vascular Solutions, Inc
- Medtronic plc
- Boston Scientific Corporation
- Cook Medical
- Teleflex Incorporated
- Maquet
- SCITECH Medical
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Artery Compression Devices Market
Fragmented - Highly competitive market without dominant players
The Artery Compression Devices Market is showing significant momentum driven by rising vascular procedures and increased emphasis on effective post-procedural care. These devices play a vital role in controlling bleeding after catheter-based interventions. Adoption rates have climbed over 7% as healthcare providers prioritize non-invasive and efficient solutions for arterial hemostasis.
Growing Demand from Interventional Procedures
As minimally invasive interventions become more common, artery compression devices are being used in over 65% of femoral catheterization cases. The move from traditional manual pressure to precision-based mechanical systems highlights a shift toward safer and more consistent outcomes. These devices reduce operator fatigue while improving procedural standardization.
Innovation in Device Features
Next-generation artery compression devices now include adjustable pressure settings, transparent interfaces, and patient-centric designs. About 22% of healthcare institutions have upgraded to these advanced models for better control and fewer complications. These technological improvements contribute to decreased rates of hematoma and vascular damage.
Surge in Outpatient Procedure Adoption
Outpatient angiographic procedures are gaining ground, and artery compression devices support this trend by enabling faster patient recovery. With 48% of outpatient cardiac centers now relying on these tools, their role in maintaining procedural efficiency and patient throughput is becoming indispensable. These devices are especially favored in high-volume settings for their ease of use.
Artery Compression Devices Market Recent Developments
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June 2023: TZ Medical introduced Roc Band, a new radial hemostasis band designed to preserve patency. The device provides improved hemostasis and optimized patient recovery times.
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November 2022: Merit Medical Sytems launched PreludeSYNC EZ Radial Compression Device in the United States. A unique cinch-style wristband supports controlled and precise two-handed placement, helping to achieve access site patent hemostasis.
Artery Compression Devices Market Segment Analysis
In this report, the Artery Compression Devices Market has been segmented by Product Type, Usage, Application, End User, and Geography.
Artery Compression Devices Market, Segmentation by Product Type
The Artery Compression Devices Market has been segmented by Product Type into Band/Strap Based, Knob Based, and Plate Based
Band/Strap Based
Band/strap based artery compression devices dominate the market due to their ease of use and broad clinical acceptance. These devices account for approximately 45% of the market share, favored for post-catheterization hemostasis. Their adjustable design and cost-effectiveness make them highly suitable for both hospital settings and outpatient procedures.
Knob Based
Knob based devices contribute to around 30% of the market and are valued for their precise pressure control. Their ergonomic design allows healthcare professionals to adjust compression with greater accuracy, reducing the risk of complications. These are particularly preferred in cardiology centers for critical interventions.
Plate Based
Plate based artery compression devices hold a market share of approximately 25%. They are known for their rigid structure, providing uniform pressure across the artery site. While less flexible than other types, they are often chosen for high-risk patients requiring stable and sustained compression.
Artery Compression Devices Market, Segmentation by Usage
The Artery Compression Devices Market has been segmented by Usage into Disposable Device and Reusable Device
Disposable Device
Disposable artery compression devices lead the market, capturing nearly 60% share due to their single-use design that minimizes infection risk. These devices are especially favored in acute care settings and for patients with compromised immunity. Their convenience and regulatory preference further drive adoption in hospital environments.
Reusable Device
Reusable devices account for approximately 40% of the market and are popular in cost-sensitive regions where long-term value is prioritized. These devices are built for durability and are commonly used in settings with established sterilization protocols. Their environmental sustainability also adds appeal in green healthcare practices.
Artery Compression Devices Market, Segmentation by Application
In this report, the Artery Compression Devices Market has been segmented by Application into Diagnostic intervention and Surgical intervention.
Diagnostic Intervention
Diagnostic interventions represent the largest share, comprising approximately 65% of the artery compression devices market. These devices are crucial in achieving hemostasis post-angiography or catheter-based diagnostics. Their high usage in cardiac diagnostic centers and growing procedural volumes drive this segment’s dominance.
Surgical Intervention
Surgical intervention applications account for around 35% of the market, with usage concentrated in vascular surgeries and interventional procedures requiring precise blood flow control. These devices help reduce post-operative bleeding and are increasingly adopted in complex surgical settings.
Artery Compression Devices Market, Segmentation by End User
In this report, the Artery Compression Devices Market has been segmented by End User into Hospitals, Independent Catheterization Labs, Ambulatory Surgery Centers, and Specialized Centers.
Hospitals
Hospitals dominate the end-user segment with a market share of nearly 50%, driven by a high volume of vascular procedures and robust infrastructure. The demand for artery compression devices in hospitals is fueled by their role in post-operative care and emergency interventions.
Independent Catheterization Labs
Independent catheterization labs account for approximately 20% of the market, offering specialized services focused on diagnostic and interventional cardiology. These centers rely heavily on compression devices for efficient hemostasis management in outpatient settings.
Ambulatory Surgery Centers
Ambulatory surgery centers contribute around 15% to the market, benefiting from the rise in minimally invasive procedures. Their preference for cost-effective and rapid-recovery tools positions artery compression devices as essential for outpatient vascular treatments.
Specialized Centers
Specialized centers represent about 15% of the market and cater to specific therapeutic areas like oncology or cardiology. These facilities prioritize precise, high-quality devices that ensure targeted compression and enhanced patient outcomes.
Artery Compression Devices Market, Segmentation by Geography
In this report, the Artery Compression Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Artery Compression Devices Market Share (%), by Geographical Region
North America
North America holds the largest market share at approximately 40%, supported by advanced healthcare infrastructure and widespread adoption of minimally invasive procedures. High diagnostic volumes and the presence of leading device manufacturers further strengthen regional dominance.
Europe
Europe accounts for around 25% of the market, driven by rising incidences of cardiovascular disorders and government-backed healthcare initiatives. The region also benefits from strong clinical research in interventional cardiology.
Asia Pacific
Asia Pacific represents about 20% of the market, with rapid growth fueled by increasing healthcare expenditure and expanding access to catheter-based interventions. Countries like China and India are emerging as key contributors due to their growing patient base.
Middle East and Africa
The Middle East and Africa hold a smaller share of nearly 8%, but show steady growth due to improving healthcare systems and rising awareness of vascular care. Market penetration is rising in urban areas with better access to advanced medical technologies.
Latin America
Latin America contributes roughly 7% to the global market, led by nations such as Brazil and Mexico. Expansion in public health programs and increased adoption of outpatient vascular procedures are propelling market activity in this region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Artery Compression Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Aging population
- Rise in cardiovascular diseases
- Technological advancements in healthcare
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Increasing demand for minimally invasive procedures: The global artery compression devices market is witnessing significant growth, primarily driven by the increasing demand for minimally invasive procedures. As advancements in medical technology continue to evolve, there is a growing preference among both patients and healthcare professionals for procedures that offer quicker recovery times, reduced risk of complications, and shorter hospital stays. Artery compression devices play a crucial role in achieving these objectives by facilitating hemostasis after minimally invasive vascular procedures such as angiography and angioplasty.
One of the key factors contributing to the rising demand for artery compression devices is the increasing prevalence of cardiovascular diseases worldwide. Conditions such as coronary artery disease and peripheral artery disease require diagnostic and interventional procedures to assess and treat the underlying pathology. As a result, there is a growing need for tools and devices that can effectively manage vascular access sites while minimizing post-procedural complications such as bleeding and hematoma formation.
The aging population and the growing burden of chronic diseases further underscore the importance of minimally invasive interventions. Older adults, who are more susceptible to cardiovascular conditions, often have multiple comorbidities that make traditional surgical approaches less feasible. By offering less invasive alternatives, artery compression devices enable healthcare providers to address the needs of this demographic more effectively while improving patient outcomes and quality of life.
Restraints
- High cost of devices
- Lack of skilled professionals
- Stringent regulatory guidelines
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Limited reimbursement policies: The global artery compression devices market faces significant challenges due to limited reimbursement policies. These devices, often used post-cardiac catheterization procedures, are essential in preventing bleeding complications. However, reimbursement policies vary widely across different regions, posing financial burdens on patients and healthcare facilities alike. In many cases, patients may have to bear a significant portion of the cost, deterring some from accessing these critical devices or opting for alternative, potentially less effective methods.
Limited reimbursement policies hinder the widespread adoption of artery compression devices, particularly in emerging economies where healthcare resources are already stretched thin. This situation exacerbates healthcare disparities, as patients in these regions may face barriers to accessing optimal post-procedural care. Healthcare providers also face challenges in offering these devices as part of standard care due to financial constraints, further limiting their availability to those who need them most.
Addressing the issue of limited reimbursement policies requires collaborative efforts from healthcare stakeholders, including policymakers, insurance companies, and medical device manufacturers. Improving reimbursement policies can enhance patient access to artery compression devices, ultimately improving patient outcomes and reducing healthcare costs associated with bleeding complications. Additionally, investing in public health infrastructure and education programs can help raise awareness about the importance of these devices, encouraging policymakers to prioritize adequate reimbursement policies to support their widespread use.
Opportunities
- Emerging economies market expansion
- Development of innovative artery devices
- Collaborations with healthcare organizations
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Growing awareness about artery diseases: The global artery compression devices market is experiencing significant growth, driven largely by the increasing awareness about artery diseases among the general population. Artery diseases, including peripheral artery disease (PAD) and coronary artery disease (CAD), are major health concerns worldwide due to their potential to cause serious complications such as heart attacks and strokes. As people become more aware of the risk factors and symptoms associated with these conditions, there is a growing demand for effective diagnostic and treatment solutions, including artery compression devices.
One of the key factors contributing to the rising awareness about artery diseases is the efforts of healthcare organizations, governments, and advocacy groups to educate the public about the importance of cardiovascular health. Awareness campaigns, screening programs, and community outreach initiatives play a crucial role in disseminating information about artery diseases, their causes, and available treatment options. As a result, more individuals are proactively seeking medical advice and undergoing screenings for early detection of artery diseases, leading to an increased demand for artery compression devices in healthcare facilities worldwide.
Advancements in medical technology and innovations in artery compression devices are driving market growth by improving the effectiveness and efficiency of artery compression procedures. Modern artery compression devices are designed to provide precise and uniform pressure to the arterial puncture site, ensuring optimal hemostasis while minimizing patient discomfort and complications. These devices offer healthcare professionals greater control and flexibility during arterial closure procedures, resulting in reduced procedure times and improved patient outcomes. With ongoing research and development efforts focused on enhancing the performance and usability of artery compression devices, the market is expected to continue its upward trajectory as the global awareness of artery diseases continues to grow.
Competitive Landscape Analysis
Key players in Global Artery Compression Devices Market include:
- Terumo Corporation
- Abbott Laboratories
- Merit Medical Systems, Inc
- Vascular Solutions, Inc
- Medtronic plc
- Boston Scientific Corporation
- Cook Medical
- Teleflex Incorporated
- Maquet
- SCITECH Medical
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Usage
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Artery Compression Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Aging population
- Rise in cardiovascular diseases
- Technological advancements in healthcare
- Increasing demand for minimally invasive procedures
- Restraints
- High cost of devices
- Lack of skilled professionals
- Stringent regulatory guidelines
- Limited reimbursement policies
- Opportunities
- Emerging economies market expansion
- Development of innovative artery devices
- Collaborations with healthcare organizations
- Growing awareness about artery diseases
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Artery Compression Devices Market, By Product Type, 2021 - 2031 (USD Million)
- Band/Strap Based
- Knob Based
- Plate Based
- Artery Compression Devices Market, By Usage, 2021 - 2031 (USD Million)
- Disposable Device
- Reusable Device
- Artery Compression Devices Market, By Application, 2021 - 2031 (USD Million)
- Diagnostic intervention
- Surgical intervention
- Artery Compression Devices Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Independent Catheterization Labs
- Ambulatory Surgery Centers
- Specialized Centers
- Artery Compression Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Artery Compression Devices Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Terumo Corporation
- Abbott Laboratories
- Merit Medical Systems, Inc
- Vascular Solutions, Inc
- Medtronic plc
- Boston Scientific Corporation
- Cook Medical
- Teleflex Incorporated
- Maquet
- SCITECH Medical
- Company Profiles
- Analyst View
- Future Outlook of the Market