Vascular Closure Devices (VCD) Market
By Type;
Passive Approximators, Active Approximators and External Hemostatic DevicesBy Access;
Femoral and RadialBy Procedure;
Interventional Cardiology and Interventional Radiology/Vascular SurgeryBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)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%.
Vascular Closure Devices (VCD) Market
*Market size in USD million
CAGR 5.9 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.9 % |
Market Size (2024) | USD 5,532.89 Million |
Market Size (2031) | USD 8,237.36 Million |
Market Concentration | Medium |
Report Pages | 335 |
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
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.
Vascular Closure Devices (VCD) Market Recent Developments
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In July 2023, Abbott received FDA clearance for its next‑gen Perclose ProStyle VCD, offering a simplified suture‑based closure method to reduce complications and advance standards in vascular access care.
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In April 2022, Teleflex strengthened its vascular portfolio by acquiring Innovia, expanding its Angio‑Seal technology and bolstering innovation in minimally invasive closure solutions.
Vascular Closure Devices (VCD) Market Segment Analysis
In this report, the Vascular Closure Devices (VCD) Market has been segmented by Type, Access, Procedure and Geography. The analysis evaluates drivers such as post-procedural efficiency, reduced complication risk, and workflow optimization, against challenges like device cost, training requirements, and heterogeneous hospital protocols. We also examine partnerships, regulatory dynamics, and the future outlook for each axis to guide product positioning, channel strategy, and expansion planning.
Vascular Closure Devices (VCD) Market, Segmentation by Type
Segmentation by Type distinguishes between Passive Approximators, Active Approximators, and External Hemostatic Devices, each addressing unique clinical needs and cost-to-value profiles. Procurement decisions often weigh time-to-hemostasis, ambulation speed, and device-associated complications against capital and per-case costs. Vendors pursue technology advancements in biomaterials, suture mechanisms, and adhesive platforms, while hospitals evaluate standardization opportunities to streamline inventory and training.
Passive Approximators
Passive Approximators typically leverage collagen plugs or bioabsorbable materials that promote natural vessel sealing without complex deployment steps. They are valued for ease of use, predictable performance across a range of sheath sizes, and compatibility with existing cath-lab workflows. Market growth is supported by protocols emphasizing patient comfort and reduced bed rest, while headwinds include cost sensitivity in price-competitive settings and the need for consistent outcomes across varied anatomies.
Active Approximators
Active Approximators employ suture- or clip-based mechanisms to mechanically approximate arterial punctures, targeting rapid hemostasis with controlled deployment and secure closure. They are strategically positioned for high-throughput centers seeking faster turnover, early ambulation, and predictable discharge pathways. Adoption is influenced by operator training, device learning curves, and post-market evidence demonstrating reduced complications and improved pathway economics compared to manual compression.
External Hemostatic Devices
External Hemostatic Devices provide non-invasive compression or topical agents applied over the access site, offering a budget-friendly alternative or adjunct to implantable systems. These solutions support protocol flexibility in mixed-case environments and can be deployed rapidly in recovery areas to manage hemostasis with minimal disposables. While attractive for cost containment and simplicity, institutions weigh their performance in early ambulation and comfort versus implantable approaches, especially in complex or anticoagulated patients.
Vascular Closure Devices (VCD) Market, Segmentation by Access
Segmentation by Access reflects the procedural shift between Femoral and Radial approaches, each with distinct closure needs and recovery profiles. As interventional programs broaden candidacy and case mix, device selection is guided by workflow optimization, nursing resource allocation, and patient experience metrics. Procurement strategies increasingly consider protocolized pathways that pair access choice with specific closure modalities to achieve efficiency and consistent outcomes.
Femoral
The Femoral segment remains vital for structural heart, complex peripheral, and larger-bore procedures where closure performance and reliability are paramount. Hospitals pursue devices that reduce time-to-ambulation, support same-day discharge where appropriate, and lower complication rates such as hematoma or pseudoaneurysm. Growth strategies emphasize training, simulation, and cross-vendor partnerships to standardize deployment steps and ensure reproducible results across diverse operator skill levels.
Radial
The Radial segment benefits from inherently lower bleeding risk and faster patient mobilization, supporting outpatient pathways and improved satisfaction. External compression systems and band-based solutions are widely used, with innovation targeting comfort, pressure titration, and consistent patent hemostasis. Market traction is strengthened by enhanced recovery protocols and throughput gains, while challenges include balancing device cost with the already favorable safety profile of radial access.
Vascular Closure Devices (VCD) Market, Segmentation by Procedure
Segmentation by Procedure covers Interventional Cardiology and Interventional Radiology/Vascular Surgery, highlighting different sheath sizes, anticoagulation practices, and post-procedural monitoring. Vendors tailor portfolios to meet clinical complexity, with evidence generation focused on length of stay, return-to-activity, and adverse event reduction. Purchasing committees evaluate total cost of care, aligning closure selection with case acuity, discharge goals, and staffing models across service lines.
Interventional Cardiology
In Interventional Cardiology, device choice influences cath-lab turnover, same-day discharge feasibility, and patient comfort after PCI and diagnostic angiography. Hospitals value closure systems that integrate with hemostasis protocols, maintain access-site integrity under antiplatelet/anticoagulant regimens, and minimize nursing workload. Growth is supported by expanded complex coronary work and pathway-driven quality metrics that encourage standardization and reproducible outcomes.
Interventional Radiology/Vascular Surgery
Interventional Radiology/Vascular Surgery cases span diverse anatomies and larger-bore requirements, demanding robust closure strategies with high procedural versatility. Solutions favored in these settings emphasize secure approximation, compatibility with advanced imaging guidance, and reliable performance in anticoagulated or high-risk patients. Procurement decisions prioritize device versatility across procedure types, coupled with training programs and cross-functional partnerships to ensure consistent outcomes in multidisciplinary suites.
Vascular Closure Devices (VCD) Market, Segmentation by Geography
In this report, the Vascular Closure Devices (VCD) 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
North America
North America demonstrates mature adoption supported by evidence-driven procurement, established post-PCI pathways, and focus on same-day discharge. Health systems evaluate closure solutions on staffing efficiency, rapid ambulation, and readmission avoidance, reinforcing preference for standardized kits and training. Competitive dynamics center on clinical evidence, contracting, and integration with enterprise value-analysis committees to sustain growth.
Europe
Europe reflects diverse reimbursement environments, with hospitals balancing cost containment and quality outcomes across public and private providers. Emphasis on clinical guidelines, operator training, and cross-border procurement influences portfolio selection and vendor partnerships. Growth opportunities arise from expanded radial pathways and advanced structural heart programs requiring reliable femoral closure with demonstrable safety and efficiency benefits.
Asia Pacific
Asia Pacific is driven by rising procedure volumes, expanding infrastructure, and the proliferation of high-acuity centers in emerging markets. Hospitals seek scalable, cost-effective solutions, often adopting a mix of external compression and implantable closure systems to match case complexity. Strategic collaborations around education, local manufacturing, and distribution networks help address access disparities and support sustained market penetration.
Middle East & Africa
Middle East & Africa shows steady investment in tertiary care and cath-lab capacity, creating demand for reliable closure solutions that reduce bed occupancy and support throughput. Procurement frequently emphasizes training, service support, and device durability under variable resource settings. Partnerships with regional distributors and centers of excellence are pivotal to scale clinical competencies and accelerate adoption in both public and private sectors.
Latin America
Latin America balances the need for affordable solutions with growing expectations for faster recovery and improved patient experience. Institutions often deploy hybrid strategies—using external compression for routine cases and implantable closure for complex procedures—to optimize budgets and outcomes. Market expansion hinges on reimbursement clarity, clinician education, and evidence that demonstrates reductions in complications and workflow gains across diverse healthcare systems.
Vascular Closure Devices (VCD) Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Vascular Closure Devices (VCD) Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing cardiovascular disease prevalence
- Technological advancements in VCDs
- Rising geriatric population globally
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Growing minimally invasive procedures - The rise in growing minimally invasive procedures is a key driver of the Vascular Closure Devices (VCD) Market, as these procedures increasingly require reliable and efficient closure solutions. Minimally invasive cardiovascular and endovascular interventions, such as angioplasty, catheter-based procedures, and transcatheter valve replacements, typically involve percutaneous access to the femoral artery. Vascular closure devices are essential in these procedures to achieve rapid hemostasis, reduce complications, and enable faster patient mobilization. The shift from traditional surgical methods to catheter-based techniques is driving the demand for advanced VCDs that ensure both safety and efficiency.
As hospitals and surgical centers aim to improve patient throughput and minimize recovery times, vascular closure devices are becoming standard tools in interventional procedures. These devices not only shorten hospital stays but also reduce the risk of bleeding, infection, and other access site complications. Technological advancements in bioabsorbable materials, suture-based systems, and plug-based devices have further enhanced the effectiveness and adoption of VCDs. With the volume of minimally invasive procedures continuing to grow globally, the market for vascular closure devices is expected to expand significantly, supported by this ongoing transformation in clinical practice.
Restraints
- Risk of complications such as infection, bleeding, or thrombosis
- Stringent regulatory approval processes
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Need for specialized training to operate devices effectively - The need for specialized training to operate devices effectively poses a considerable restraint on the growth of the Vascular Closure Devices (VCD) Market. Despite their clinical benefits, vascular closure devices require precise handling and proper deployment techniques to minimize the risk of complications such as vessel injury, infection, or improper closure. Not all healthcare professionals, particularly in lower-resource or rural settings, have access to the hands-on training needed to use these devices confidently and safely. This knowledge gap can hinder adoption and lead to reliance on traditional manual compression methods that are less efficient and patient-friendly.
The complexity of some VCD systems, especially those involving suture- or clip-based mechanisms, necessitates ongoing skill development and institutional support for training programs. Healthcare facilities may also be reluctant to adopt newer devices if their staff is not adequately trained, leading to underutilization even when the technology is available. Manufacturers must invest in education and support to help clinicians develop the competencies required for effective device use. Without widespread training initiatives, the full potential of vascular closure devices may remain untapped, particularly in emerging markets and smaller clinical settings.
Opportunities
- Strong market growth projections with rising investment potential
- Expanding reimbursement support and favorable pricing policies
- Advancements in bioabsorbable and sensor-enabled VCD technologies
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Shift from manual compression to VCDs for faster patient recovery - The ongoing shift from manual compression to VCDs for faster patient recovery is creating significant opportunities in the Vascular Closure Devices (VCD) Market. Manual compression, though widely used, is time-consuming, uncomfortable for patients, and associated with longer recovery periods and a higher risk of complications such as bleeding or hematoma formation. In contrast, vascular closure devices offer rapid hemostasis, reduced time to ambulation, and improved patient satisfaction. As healthcare systems focus on enhancing procedural efficiency and patient outcomes, the transition to VCDs is becoming a strategic priority in interventional cardiology and radiology practices.
This trend is especially relevant in high-volume settings such as catheterization labs and outpatient clinics, where minimizing turnover time and hospital stays is essential. VCDs enable earlier discharge, which not only improves patient convenience but also contributes to cost savings for healthcare providers. Additionally, the development of next-generation closure devices with enhanced safety profiles and ease of use is supporting broader clinical adoption. As awareness of these advantages grows, the market is poised to benefit from the increasing demand for advanced closure solutions that align with modern, patient-centered healthcare delivery models.
Vascular Closure Devices (VCD) Market Competitive Landscape Analysis
Vascular Closure Devices (VCD) Market is becoming increasingly competitive as companies adopt targeted strategies to enhance procedural efficiency, patient comfort, and clinical outcomes. Leading manufacturers are focusing on innovation in minimally invasive technologies, bio-absorbable materials, and automated closure systems, while strengthening collaboration with hospitals and surgical centers. Ongoing growth is supported by strong industry partnerships.
Market Structure and Concentration
The market reflects moderate concentration, with top producers holding nearly 56% to 62% share. Their advanced strategies in device reliability and innovation allow them to maintain leadership. At the same time, emerging firms are driving expansion with cost-efficient solutions and regional collaboration, diversifying the competitive environment across healthcare systems.
Brand and Channel Strategies
Manufacturers are refining strategies to strengthen brand positioning through direct sales, distributor networks, and hospital procurement systems. Around 45% of adoption comes through institutional contracts, while service partnerships and physician-focused collaboration are growing. Device innovation and outcome-based value models continue to drive market growth.
Innovation Drivers and Technological Advancements
Key technological advancements such as bioresorbable plugs, hemostatic coatings, and automation are fueling product innovation. Nearly half of industry leaders are pursuing R&D strategies to improve safety, efficacy, and recovery time. Cross-sector collaboration and medical partnerships are ensuring steady growth through enhanced clinical performance.
Regional Momentum and Expansion
North America represents nearly 41% share, driven by high procedural volumes and advanced healthcare infrastructure. Europe emphasizes compliance-driven strategies and sustainable innovation, while Asia-Pacific is emerging as a fast-growing region through healthcare expansion. Regional collaboration and distribution partnerships continue to strengthen competitive positions.
Future Outlook
The competitive outlook will be defined by minimally invasive innovation, patient-centered strategies, and hospital-driven collaboration. With nearly 52% of companies planning expansion into advanced vascular care solutions, market competition is expected to intensify. Long-term growth will depend on strong partnerships and sustained technological advancements.
Key players in Vascular Closure Devices (VCD) Market include:
- Abbott
- Terumo Corporation
- Medtronic
- Teleflex Incorporated
- Cardinal Health (Cordis)
- Merit Medical Systems
- Haemonetics
- Vasorum Ltd.
- Vivasure Medical
- Cardiva Medical
- B. Braun Melsungen
- Essential Medical
- Morris Innovative
- Transluminal Technologies
- Erumo Corporation
In this report, the profile of each market player provides following information:
- Market Share Analysis
- 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 Type
- Market Snapshot, By Access
- Market Snapshot, By Procedure
- Market Snapshot, By Region
- Vascular Closure Devices (VCD) Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing cardiovascular disease prevalence
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Technological advancements in VCDs
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Rising geriatric population globally
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Growing minimally invasive procedures
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- Restraints
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Risk of complications such as infection, bleeding, or thrombosis
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Stringent regulatory approval processes
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Need for specialized training to operate devices effectively
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- Opportunities
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Strong market growth projections with rising investment potential
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Expanding reimbursement support and favorable pricing policies
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Advancements in bioabsorbable and sensor-enabled VCD technologies
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Shift from manual compression to VCDs for faster patient recovery
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- 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
- Vascular Closure Devices (VCD) Market, By Type, 2021 - 2031 (USD Million)
- Passive Approximators
- Active Approximators
- External Hemostatic Devices
- Vascular Closure Devices (VCD) Market, By Access, 2021 - 2031 (USD Million)
- Femoral
- Radial
- Vascular Closure Devices (VCD) Market, By Procedure, 2021 - 2031 (USD Million)
- Interventional Cardiology
- Interventional Radiology/Vascular Surgery
- Vascular Closure Devices (VCD) 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
- Vascular Closure Devices (VCD) Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott
- Terumo Corporation
- Medtronic
- Teleflex Incorporated
- Cardinal Health (Cordis)
- Merit Medical Systems
- Haemonetics
- Vasorum Ltd.
- Vivasure Medical
- Cardiva Medical
- B. Braun Melsungen
- Essential Medical
- Morris Innovative
- Transluminal Technologies
- Erumo Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market