Healthcare Market Research Reports and Trends

  According to the new market research report by MarketsandMarkets, [128 Pages Report] the global   vascular closure devices market   is expected to reach USD 984.6 Million by 2022 from USD 704.8 Million in 2017, at a CAGR of 6.9%. The large number of approvals for vascular closure devices, the high prevalence of cardiovascular diseases, high prevalance of obesity, and increasing focus of market players on large-bore vascular closure devices. The report provides an overall understanding of the market.   In this report, the market is segmented on the basis of type, access, procedures, and geographies.   The type segment includes passive approximators, active approximators, and external hemostasis devices.   Among these type segment s,   the passive approximators segment is expected to account for the largest share of the vascular closure devices market in 2017.   The access segment includes femoral access and radial access.   The procedure seg...

Vascular closure devices are relatively high-priced devices compared to manual compression devices. The average price of a  vascular closure device  is about USD 150–USD 250 while that of a manual compression device is about USD 15–USD 25. The cost of VCDs essentially adds up to the patient’s hospitalization bill and even increases the per patient cost for hospitals and simultaneously reduces profits. The report provides an overall understanding of the market. In this report, the market is segmented on the basis of type, access, procedures, and geographies. The type segment includes passive approximators, active approximators, and external hemostasis devices. Among these type segment s,  the passive approximators segment is expected to account for the largest share of the vascular closure devices market in 2017. The access segment includes femoral access and radial access. The procedure segment includes interventional cardiology and interventional radiology/vascular s...