Browse key industry insights from the report “Vascular Closure Device Market Size,
Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy,
France, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia),
Application Development Potential, Price Trends, Competitive Market Share &
Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/vascular-closure-device-market
Asia Pacific will be the fastest growing region over the forecast period. India and China
will experience significant growth in number of diabetes, obesity, and several other
CVDS due to demographic factors, increase in disposable income will lead to change in
the lifestyle. The introduction of technologically advanced products and growing
prevalence of target diseases coupled with improvement in healthcare infrastructure
are expected to fuel the development for expected closure devices market share over
the forecast timeframe.
Some of the companies operating in this industry include Abbott Vascular, Merit
Medical Systems, Boston Scientific, W L. Gore & Associates, Biotronik, Medtronic, ST.
JUDE MEDICAL, C. R. Bard, ESSENTIAL MEDICAL, Cardinal Health, TZ Medical, Scion
BioMedical, and Cardival Medical. The companies are introducing novel products to gain
power in the market. The players are growing their business by focusing on merger,
acquisition and collaborations with other vendors operating in the industry. For
example, in November 2015, Medtronic launched VenaSeal closure system in the U.S.
This launch by Medtronic will lift its revenue generation, in turn, improve its dominance
in the coming years.
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