Global Vascular Closure Device (VCD) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Based Devices;

Sealant or Gel-Based Devices, and Collagen Plugs.

By Product Type;

Haemostasis Pads, Compression Devices, Clip, Plug, Suture, and Others.

By End User;

Hospitals, Ambulatory Surgical Centres, and Independent Catheterisation Labs.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn967831955 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Vascular Closure Device (VCD) Market (USD Million), 2021 - 2031

In the year 2024, the Global Vascular Closure Device (VCD) Market was valued at USD 7,653.74 million. The size of this market is expected to increase to USD 12,290.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The Global Vascular Closure Device (VCD) Market is a dynamic segment within the medical devices industry, focused on devices designed to achieve hemostasis following vascular procedures. These devices are essential in minimizing bleeding complications after catheterization procedures, such as angiography, angioplasty, and other interventional cardiology and radiology procedures. VCDs are used to close puncture sites in the femoral artery, reducing the time to hemostasis and enabling faster patient mobilization. The market's growth is driven by the increasing prevalence of cardiovascular diseases, rising number of interventional procedures, and the need for efficient vascular closure methods.

VCDs come in various types, including passive closure devices like compression devices and active closure devices such as collagen plugs, sutures, and clips. The adoption of VCDs has been bolstered by their advantages over manual compression methods, including reduced procedure time, decreased patient discomfort, and lower risk of complications. Technological advancements have led to the development of more effective and user-friendly devices, further propelling market expansion.

The growing aging population, coupled with lifestyle-related risk factors such as obesity, smoking, and hypertension, has increased the incidence of cardiovascular diseases globally. This demographic trend is expected to sustain the demand for vascular closure devices. Moreover, the shift towards minimally invasive procedures, which require effective vascular closure solutions, is anticipated to drive further growth in this market. Healthcare providers are increasingly recognizing the benefits of VCDs in improving patient outcomes and operational efficiency, making them a critical component of modern interventional cardiology and radiology practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Based Devices
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Vascular Closure Device (VCD) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing cardiovascular procedures
        2. Technological advancements
        3. Increased patient awareness
        4. Demand for faster recovery
      2. Restraints
        1. High device costs
        2. Risk of complications
        3. Limited access in developing regions
        4. Stringent regulatory requirements
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in device design
        3. Rising healthcare investments
        4. Shift towards outpatient procedures
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vascular Closure Device (VCD) Market, By Based Devices, 2021 - 2031 (USD Million)
      1. Sealant or Gel-Based Devices
      2. Collagen Plugs
    2. Global Vascular Closure Device (VCD) Market, By Product Type, 2021 - 2031 (USD Million)
      1. Haemostasis Pads
      2. Compression Devices
      3. Clip
      4. Plug
      5. Suture
      6. Others
    3. Global Vascular Closure Device (VCD) Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centres
      3. Independent Catheterisation Labs
    4. Global Vascular Closure Device (VCD) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Cardinal Health Inc
      3. Terumo Corporation
      4. Medtronic plc
      5. Arstasis Inc
      6. Cardiva Medical Inc
      7. Chitogen Inc
      8. Essential Medical Inc
  7. Analyst Views
  8. Future Outlook of the Market