Global Arteriotomy Closure Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Active Closure Devices and Passive Closure Devices.

By Application;

Femoral Arterial Access Procedures and Radial Arterial Access Procedures.

By End User;

Hospitals, Ambulatory Care Centers and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn285891830 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Arteriotomy Closure Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Arteriotomy Closure Devices Market was valued at USD 1,350.63 million. The size of this market is expected to increase to USD 1,990.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The global arteriotomy closure devices market is a vital segment within the broader medical device industry, focusing on innovative solutions for closing puncture sites created during cardiovascular procedures. These devices play a crucial role in improving patient outcomes by reducing complications associated with traditional manual compression methods, such as prolonged recovery times and increased risk of bleeding.

Arteriotomy closure devices are designed to securely seal puncture sites in arteries post-procedure, ensuring rapid hemostasis and allowing patients to resume normal activities sooner. This capability is particularly important in minimally invasive cardiovascular procedures, where precise closure mechanisms contribute to faster recovery and shorter hospital stays.

The market for arteriotomy closure devices continues to evolve with advancements in technology, driving improvements in closure efficiency, patient comfort, and procedural safety. Innovations include the development of bioresorbable materials, enhanced sealing mechanisms, and integrated hemostatic agents, all aimed at optimizing vascular closure outcomes while minimizing procedural complications.

Geographically, North America and Europe have traditionally been leading markets due to their advanced healthcare infrastructures and high prevalence of cardiovascular diseases. However, emerging markets in Asia-Pacific and Latin America are also experiencing significant growth, fueled by increasing healthcare expenditure, rising adoption of minimally invasive procedures, and expanding access to advanced medical technologies.

Overall, the arteriotomy closure devices market is characterized by ongoing innovation, strategic partnerships among manufacturers and healthcare providers, and a growing emphasis on patient-centric outcomes. As cardiovascular procedures continue to evolve, the demand for effective, reliable, and cost-efficient closure devices is expected to drive further market expansion and technological advancements in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Arteriotomy Closure Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population Growth
        2. Increasing Cardiovascular Procedures
        3. Technological Advancements
        4. Rising Demand for Minimally Invasive Surgeries
      2. Restraints
        1. High Cost of Devices
        2. Lack of Reimbursement
        3. Complications Associated
        4. Regulatory Challenges
      3. Opportunities
        1. Emerging Markets Expansion
        2. Development of Bioresorbable Materials
        3. Strategic Partnerships
        4. Enhanced Patient Outcomes
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Arteriotomy Closure Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Active Closure Devices
      2. Passive Closure Devices
    2. Global Arteriotomy Closure Devices Market, By Application, 2021 - 2031 (USD Millio)
      1. Femoral Arterial Access Procedures
      2. Radial Arterial Access Procedures
    3. Global Arteriotomy Closure Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Care Centers
      3. Others
    4. Global Arteriotomy Closure Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Terumo Corporation
      3. Cardinal Health
      4. Cardiva Medical
      5. Merit Medica
  7. Analyst Views
  8. Future Outlook of the Market