Research and Markets has announced the addition of the "Vascular Closure Device (VCD) Market Size & Forecast By Product, By End-Use, And Trend Analysis From 2013 To 2024" report to their offering.

Global vascular closure devices (VCDs) market is anticipated to reach USD 1.3 billion by 2024.

Growing popularity of femoral artery cardiac catheterization and high success rate of VCDs for improved patient comfort and shortening of hemostasis time are potential factors for the projected growth of VCDs market over the forecast period. Adoption of VCDs for diagnostic and therapeutic interventions that facilitate endovascular image-guided interventions to detect coronary heart disease are expected to contribute toward the growth of this market throughout the forecast period.

Moreover, ability of VCDs to overcome complications, such as prolonged bed rest and patient discomfort caused by manual compression, is expected to revolutionize the market growth over the forecast period.

Asia Pacific is estimated to witness the fastest growth over the forecast period owing to the presence of unmet demands by the hospitals and rising R&D investment in this region.

This market is expected to witness lucrative growth owing to high level of competitive rivalry, which translates to high revenue generation in this sector. These prominent players are opting for different strategies to boost their status in this market. Companies are involved in developing novel VCDs and in turn broaden their product portfolios. Acquisition and collaboration with small companies in order to enhance presence is also expected to propel growth in this vertical.

Companies Mentioned:

  • Abbott Vascular
  • Biotronik GMBH & CO.KG
  • COOK
  • Medtronic
  • Boston Scientific Corporation
  • C. R. Bard, Inc
  • Cardinal Health
  • W. L. Gore & Associates
  • St. Jude Medical
  • TZ Medical, Inc
  • ScionBioMedical
  • Merit Medical Systems, Inc
  • Essential Medical
  • Cardival Medical, Inc

Key Topics Covered:

1 Research Methodology

2 Executive Summary

3 Market Snapshot

4 Market Variables, Trends & Scope

5 Product Estimates & Trend Analysis

6 End Use Estimates & Trend Analysis

7 Regional Estimates & Trend Analysis, by Product, & End-use

8 Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/58zpwj/vascular_closure