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Vascular Sealing Systems MarketGlobal Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019to 2026

Press release   •   Sep 16, 2019 15:37 BST

Global Vascular sealing systems market predicted to value over USD 1 billion by 2026 end and register a CAGR over 6% during the forecast period 2019 to 2026.

The number of patients experiencing cardiovascular disease (CVD) are on a rise due to lack of physical activity, high blood pressure, changing lifestyle, addictions like alcohol consumption and smoking. According to the American Heart Association, CVD is the leading cause for mortality worldwide, with around 17.3 million deaths per year. These factors are helpful in driving the vascular sealing system market across the world. Surgeons and physician are using techniques like Percutaneous Coronary Intervention (PCI) for interventional cardiac catheterization which is used for treating coronary arteries that are narrowed due to chronic heart diseases. This will help in gaining more market for vascular sealing system because for PCI, catheter insertion is needed to be done which increases the chances of vascular injuries thus increasing the demand for vascular sealing system. However, complications associated with vascular sealing system like groin infection and leg ischemia are expected to moderately restrict the market growth during the forecast period.

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Insights on Global Vascular Sealing System market:
1. By Region• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
North America dominates the global market and is expected to do so during the forecast period. One of the major reasons for this consistent dominance is a higher market penetration rate among the general population. Europe is the second most dominating market region and is expected to experience market growth during the forecast period owing to a rise in the patient population and a high prevalence of CVD worldwide. Latin America and Rest of the World account for a small share of the global market and is expected to stay the dame during the forecast period is due to lesser adoption of the vascular sealing system in the region.

2. By Device Type• Passive Approximators
o Gel based
o Collagen plugs
• Active Approximators
o Suture- based
o Clip- based
• Compression-assist Devices

3. By End User• Hospitals
• Clinics
• Others
Hospital segment dominates the global market and is expected to do so during the forecast period due to the adoption of newer technologies and provision of a superior infrastructure. Clinics, on the other hand, will still receive some market share during the forecast period as it becomes difficult for emerging economies to adopt innovative technologies initially due to financial constraints and people from such regions prefer to visit a clinic as compared to a hospital due to its affordability.

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Competitive Landscape:• Abbott Laboratories
• Medtronic Plc
• Cardinal Health Inc.
• Vivasure Medical Ltd
• Morris Innovative Inc.
Vivasure received a series c funding of US$18.3 million which was raised by Life Sciences Partners (LSP) of The Netherlands from its health economics fund and Evonik Venture Capital was co-leading in this process. This can provide a boost for their market growth during the forecast period. But there have also been cases of product recalls as well. For instance, Abbott Vascular had to recall 66 lots of their StarClose SE Vascular system in 2017. The reason for this recall was that the system had difficulty in clip deployment. This may hamper its market growth during the forecast period.

FutureWise Key Takeaways:• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:• To provide with an exhaustive analysis on the global vascular sealing system market by region, by device type, by end-user,
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and Rest of the World
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents

Introduction

oScope and Objective

oAssumptions and Acronyms

oForecast Factors

oResearch Methodology

Executive Summary

oIndustry Cluster Analysis

oCompetition Matrix

oStrategies Recommendations

Market Definition

oReport Scope (Inclusions & Exclusions)

oMarket Segmentation

Global Vascular Sealing Systems Market Overview

oGlobal Vascular Sealing Systems Market Revenue (USD Mn)

Key Inclusions

oPorter’s Five Force analysis

oMarket Dynamics

oIndustry Trends

oRegulatory Guidelines

oOpportunities in Vascular Sealing Systems

Competition Dynamics

oCompany Share Analysis (2019)

oTop 10 Product Pricing by Region

Global Vascular Sealing Systems Market Revenue (USD Mn), 2019-2026 by Device Type

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

Global Vascular Sealing Systems Market Revenue (USD Mn), 2019-2026 by End User

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Global Vascular Sealing Systems Market Revenue (USD Mn), 2019-2026 by Region

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Region,2026

§North America

§Latin America

§Europe

§Asia Pacific

§Rest of world

North America Vascular Sealing Systems Market Revenue (US$ Mn), 2019-2026

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

§US

§Canada

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Latin America Vascular Sealing Systems Market Revenue (US$ Mn), 2019-2026

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

§Brazil

§Mexico

§Argentina

§Rest of Latin America

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Europe America Vascular Sealing Systems Market Revenue (US$ Mn), 2019-2026

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

§Germany

§France

§Spain

§UK

§Russia

§Poland

§Rest of Europe

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Asia Pacific America Vascular Sealing Systems Market Revenue (US$ Mn), 2019-2026

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

§Emerging Asia

China

India

ASEAN-5

Rest of Emerging Asia

§Japan

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Rest of World America Vascular Sealing Systems Market Revenue (US$ Mn), 2019-2026

oKey Market Findings

oLong Term ROI Segments

oRevenue Opportunity Influencing Factors

oMarket Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

§Middle East

§South Africa

§North Africa

§Rest of World

oMarket Revenue (USD Mn) Assessment and Forecast by Device Type, 2019-2026

§Passive Approximators

§Collagen Plugs

§Gel-based Devices

§Compression-assist Devices

§Active Approximators

§Suture-based Devices

§Clip-based Devices

oMarket Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

§Hospital

§Clinics

§Ambulatory Surgical Centres

Company Profiles

oCompetition Landscape

oGlobal Company Share (USD Mn) Overview, 2019

oCompany Profiles

§St. Jude Medical

Corporate Overview

Financial Performance

Peer Comparison & 3C marketing equation

Company Strategy & Channel Management

§Terumo Corp.

Corporate Overview

Financial Performance

Peer Comparison & 3C marketing equation

Company Strategy & Channel Management

§Vasorum Ltd.

Corporate Overview

Financial Performance

Peer Comparison & 3C marketing equation

Company Strategy & Channel Management

§Cardinal Health

Corporate Overview

Financial Performance

Peer Comparison & 3C marketing equation

Company Strategy & Channel Management

§Rex Medical

Corporate Overview

Financial Performance

Peer Comparison & 3C marketing equation

Company Strategy & Channel Management

Research Sources & Primary Verbatim

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