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

By Product;

Active Approximators [Suture-Based Devices and Clip-Based Devices], Passive Approximators [Collagen Plugs, Sealant- or Gel-Based Devices, and Compression-Assist Devices], and External Hemostatic Devices

By Material;

Synthetic and Biodegradable

By Access Site;

Femoral, Radial, and Others

By Application;

Diagnostic Procedures and Interventional Cardiology Procedures

By End Use;

Acute Care Facilities, Hospitals, and Clinics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn120066595 Published Date: May, 2025 Updated Date: June, 2025

Vascular Closure Devices (VCD) Market Overview

Vascular Closure Devices (VCD) Market (USD Million)

Vascular Closure Devices (VCD) Market was valued at USD 5,532.89 million in the year 2024. The size of this market is expected to increase to USD 8,237.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.


Global Vascular Closure Devices (VCD) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.9 %
Market Size (2024)USD 5,532.89 Million
Market Size (2031)USD 8,237.36 Million
Market ConcentrationMedium
Report Pages335
5,532.89
2024
8,237.36
2031

Major Players

  • Abbott Laboratories
  • Cardinal Health Inc
  • Terumo Corporation
  • Merit Medical Systems Inc
  • Medtronic plc
  • Teleflex Incorporated
  • B. Braun Melsungen AG
  • Vasorum Ltd
  • Essential Medical Inc
  • Morris Innovative Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Vascular Closure Devices (VCD) Market

Fragmented - Highly competitive market without dominant players


The vascular closure devices (VCD) market is witnessing robust momentum, primarily fueled by the growing demand for minimally invasive vascular procedures. These devices are essential in ensuring rapid and secure closure of arterial access sites post-intervention. Currently, more than 70% of interventional procedures incorporate VCDs, highlighting a marked transition from manual compression techniques to device-assisted closures.

Innovations Advancing Device Performance
Technological strides in biocompatible materials and device architecture are enhancing the functionality and precision of modern closure devices. Emerging designs offer suture-based, collagen-based, and clip-based options, contributing to better clinical outcomes. Approximately 40% of current product innovations are centered on faster deployment and minimizing complications like infection and bleeding.

Clinical Efficiency and Economic Benefits Supporting Use
The dual advantage of clinical efficacy and cost savings is contributing to the widespread integration of vascular closure systems in clinical routines. Their ability to reduce complications and shorten recovery times has led to adoption in nearly 55% of healthcare institutions. These benefits also contribute to improved patient satisfaction and healthcare efficiency.

Regulatory Backing and Standardization Enhancing Trust
The growing endorsement of VCDs in clinical protocols and healthcare policies is reinforcing market expansion. With more than 50% of procedural guidelines recommending their use, VCDs are becoming a staple in vascular access site management. This formal recognition by regulatory frameworks is fostering broader confidence among medical professionals and institutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By Access Site
    4. Market Snapshot, By Application
    5. Market Snapshot, By End Use
    6. Market Snapshot, By Region
  4. Vascular Closure Devices (VCD) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing cardiovascular disease prevalence
        2. Technological advancements in VCDs
        3. Rising geriatric population globally
        4. Growing minimally invasive procedures
      2. Restraints
        1. High costs of devices
        2. Risk of complications
        3. Stringent regulatory approvals
        4. Limited reimbursement policies
      3. Opportunities
        1. Emerging markets expansion
        2. Development of new products
        3. Increasing healthcare expenditure
        4. Collaborations and partnerships
    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. Vascular Closure Devices (VCD) Market, By Product, 2021 - 2031 (USD Million)
      1. Active Approximators
        1. Suture-Based Devices
        2. Clip-Based Devices
      2. Passive Approximators
        1. Collagen Plugs
        2. Sealant- or Gel-Based Devices
        3. Compression-Assist Devices
      3. External hemostatic devices
    2. Vascular Closure Devices (VCD) Market, By Material, 2021 - 2031 (USD Million)

      1. Synthetic

      2. Biodegradable

    3. Vascular Closure Devices (VCD) Market, By Access Site, 2021 - 2031 (USD Million)
      1. Femoral
      2. Radial
      3. Others
    4. Vascular Closure Devices (VCD) Market, By Application, 2021 - 2031 (USD Million)

      1. Diagnostic Procedures

      2. Interventional Cardiology Procedures.

    5. Vascular Closure Devices (VCD) Market, By End Use, 2021 - 2031 (USD Million)
      1. Acute Care Facilities
      2. Hospitals
      3. Clinics
    6. Vascular Closure Devices (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. Merit Medical Systems Inc
      5. Medtronic plc
      6. Teleflex Incorporated
      7. B. Braun Melsungen AG
      8. Vasorum Ltd
      9. Essential Medical Inc
      10. Morris Innovative Inc
  7. Analyst Views
  8. Future Outlook of the Market