Global Vascular Closure Devices Market Forecast To Grow At CAGR of 8.67% Between 2016-2020
The global vascular closure devices market is likely to grow at a steady pace during the forecast period. This is because many clinical studies regarding vascular closure devices raised concerns about...
The global vascular closure devices market is likely to grow at a steady pace during the forecast period. This is because many clinical studies regarding vascular closure devices raised concerns about their safety and efficacy profiles. In many clinical cases, manual compressions were used as vascular closure devices that failed to show their efficacy. Vascular closure devices are used for both diagnostic and therapeutic interventions.
Concerns regarding these devices have led vendors to invest extensively in their R&D. These devices help in the diagnosis and treatment of cardiac diseases. A rise in the incidence of these diseases will lead to the demand and sales of vascular closure devices. The sales will further increase with the rapid adoption of minimally invasive equipment for cardiac surgeries. Minimally invasive surgeries such as angiography cause less pain, minimize infections, and help reduce hospital stay.
Technavios analysts forecast the global vascular closure devices market to grow at a CAGR of 8.67% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global vascular closure devices market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of vascular closure devices used for arteriotomy site closure after cardiac catheterization.
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The market is divided into the following segments based on geography:
Technavio's report, Global Vascular Closure Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors
Minimally invasive procedures with improved medical imaging
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Complications of vascular closure devices
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
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Article Tags: Global Vascular Closure, Vascular Closure Devices, Closure Devices Market, Full Detailed List, Detailed List View, Global Vascular, Vascular Closure, Closure Devices, Devices Market, Minimally Invasive, Full Detailed, Detailed List, List View
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