USD 1.26 Billion
Report ID:
SQMIG35A3072 |
Region:
Global |
Published Date: July, 2025
Pages:
198
|Tables:
91
|Figures:
67
Arteriotomy Closure Devices Market size was valued at USD 1.26 Billion in 2023 and is poised to grow from USD 1.34 Billion in 2024 to USD 2.48 Billion by 2032, growing at a CAGR of 7.7% in the forecast period (2025-2032).
According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of death globally, accounting for an estimated 17.9 million deaths each year, with a significant proportion linked to ischemic heart diseases that often require catheter-based interventions. The rising global volume of interventional procedures such as angioplasty, coronary catheterization, and peripheral vascular interventions has directly increased the demand for effective and reliable arteriotomy closure solutions. The hospital segment remains the dominant end user category, as the majority of high-volume interventional procedures are conducted in specialized cardiovascular and tertiary care centers. Closure devices are particularly critical in managing large bore catheter access sites, commonly used in procedures such as transcatheter aortic valve replacement (TAVR) and endovascular aneurysm repair (EVAR). However, adoption in ambulatory surgical centers (ASCs) is growing rapidly, driven by increased preference for outpatient vascular procedures due to cost effectiveness, faster recovery, and improved device reliability. Furthermore, healthcare access inequalities in low- and middle-income countries (LMICs) continue to pose challenges, with limited availability of advanced vascular closure technologies. Yet, market players are increasingly focusing on geographic expansion, affordability, and training-based outreach to penetrate these regions. Thus, the rising global burden of cardiovascular disease, coupled with the growing volume of interventional procedures, and strategic innovations by key players, is driving the sustained growth of the arteriotomy closure devices market.
How is AI Transforming Innovation in the Arteriotomy Closure Devices Market?
Artificial Intelligence (AI) is increasingly influencing innovation within the arteriotomy closure devices market to enhance device efficiency, clinical decision making, and patient outcome. Imaging algorithms with AI are being incorporated into vascular access systems to support interventional cardiologists and radiologists in real time, allowing them to identify arteriotomy sites and best closure methods more efficiently. This minimizes such complications as bleeding, hematomas, and pseudoaneurysms, particularly among high risk patients. Besides, predictive analytics using AI are being implemented to individualize vascular closure strategy according to patient specific variables like vessel size, comorbidities, and procedure (e.g., PCI, TAVR). Machine learning is being applied in R&D by manufacturers to enhance device design, material, and deployment of kinematics. A few newer closure devices incorporate sensors within them or are designed to be used with AI based imaging systems, providing real time intra procedure and post procedure feedback. As technology for remote monitoring and follow up systems with artificial intelligence continues to evolve, it should continue to reduce post operative complications and maximize recovery protocols, and ultimately improve the safety, efficacy, and global use of arteriotomy closure devices.
Market snapshot - 2025-2032
Global Market Size
USD 1.26 Billion
Largest Segment
Active Closure Devices
Fastest Growth
Suture Closure Devices
Growth Rate
7.7% CAGR
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The arteriotomy closure devices market is segmented by device type, access site, end user, distribution channel, and region. Based on device type, the market is bifurcated into active closure devices and passive closure devices. Active closure devices, which include suture-based, plug-based, and clip-based systems, are widely used due to their efficiency in achieving rapid hemostasis, while passive devices include mechanical pads and compression-assist tools. On the basis of access site, the market is categorized into femoral access and radial access, with femoral access accounting for the majority of procedures due to its continued use in complex cardiovascular and endovascular interventions.Based on region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
The active closure devices segment remained the dominant segment in the global arteriotomy closure devices market in 2024, accounting for the largest market share. This dominance is attributed to their superior ability to achieve rapid hemostasis, minimize complications, and reduce time to ambulation compared to manual compression or passive methods. Plug based and suture mediated systems are widely used across hospitals, and high-volume cardiac centers due to their procedural efficiency, and enhanced safety profile. Their continued clinical preference and compatibility with both small and large bore access sites ensure sustained demand within the device type segment.
As per the global arteriotomy closure devices market forecast, the suture-based closure devices segment is the fastest growing within the active closure category. This growth is driven by the rising number of complex procedures such as TAVR and EVAR that require secure closure for large arterial access sites. Suture based systems offer precise vessel approximation and are favored in high-risk patients or anatomically challenging cases. Additionally, ongoing innovations in suture deployment mechanisms, and growing operator familiarity are further accelerating their adoption in advanced interventional settings.
As per the global arteriotomy closure devices market analysis, the active closure devices segment holds the largest share in the device type category. These devices including plug based, and suture mediated systems are widely preferred due to their ability to provide rapid and reliable hemostasis, reduce procedure time, and enhance post operative outcomes. Plug based devices are especially dominant within this segment, favored for their ease of use, and effectiveness in small to medium bore procedures. Their strong clinical performance, and routine usage in hospitals and cardiac centers make them the leading subsegment within the device type category.
As per the global arteriotomy closure devices market outlook, the ambulatory surgical centers (ASCs) segment is the fastest growing in the end user category. This growth is driven by the healthcare industry's shift toward outpatient and same day discharge procedures, particularly in interventional cardiology and peripheral vascular care. Suture based and bioabsorbable devices are increasingly adopted in ASCs, due to their efficiency and compatibility with rapid discharge protocols. The expansion of specialized outpatient centers, and improvements in reimbursement policies are further boosting device adoption in this fast-growing segment.
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North America dominates the global arteriotomy closure devices market due to the region’s advanced healthcare infrastructure, high volume of interventional cardiovascular procedures, and rapid adoption of minimally invasive technologies. The high prevalence of coronary artery disease and increasing preference for catheter-based interventions such as angioplasty, TAVR, and EVAR drive demand for reliable vascular closure solutions. Favourable reimbursement policies, strong presence of leading device manufacturers, and early regulatory approvals by the U.S. FDA further contribute to regional growth.
The U.S. represents the largest market for arteriotomy closure devices globally, driven by a high number of interventional procedures performed in hospitals and outpatient cardiovascular centers. Strong physician adoption of closure systems, continuous innovation in hemostatic technology, and availability of both manual, and automated closure solutions support the country's market leadership. Rapid uptake of vascular closure systems in TAVR, and large bore catheter procedures is also a key growth factor.
Canada demonstrates stable and growing demand, particularly in urban hospitals with access to advanced interventional facilities. The emphasis on minimally invasive cardiovascular therapies, and patient recovery outcomes supports increasing adoption. Canadian health institutions are increasingly integrating closure devices to reduce hospital stay durations, and post-operative complications, aligning with national healthcare efficiency goals.
Asia Pacific is the fastest growing region in the arteriotomy closure devices market. The growth is fueled by improving healthcare infrastructure, rising cardiovascular disease burden, increasing number of interventional cardiologists, and enhanced access to advanced surgical technologies. Countries such as China, India, Japan, and South Korea are witnessing increased procedural volumes, and greater awareness of procedural safety, which is boosting the demand for efficient closure solutions.
Japan's market is supported by its aging population, high rates of peripheral artery disease, and widespread use of diagnostic and therapeutic catheterization. Hospitals in Japan emphasize procedural safety, favoring the adoption of automated or collagen-based closure systems. Furthermore, government support for cardiovascular innovations, and adherence to high medical device quality standards are pushing steady market expansion.
South Korea is emerging as a strong growth market, with increasing adoption of closure devices in tertiary hospitals and specialized cardiovascular centers. Rising prevalence of lifestyle diseases such as hypertension and diabetes is accelerating the number of catheter-based interventions. Government focus on technology driven healthcare, and widespread training of clinicians in advanced closure techniques is enhancing the usage of these devices.
Europe leads in ethical and regulated deployment of arteriotomy closure devices, supported by standardized clinical practices, stringent CE regulations, and institutional focus on patient safety. Countries within the EU are advancing the use of cost effective yet high quality closure solutions, often balancing the use of generic systems and premium technologies. The region’s strong clinical evaluation protocols, and post market surveillance contribute to long term market sustainability.
Germany is a key European market, driven by a high procedural volume in coronary and peripheral vascular interventions. The country has robust adoption of both traditional and advanced closure systems, particularly in university hospitals and cardiac centers. Germany’s healthcare model emphasizes patient outcomes and value-based purchasing, encouraging the use of closure devices that reduce complication risks and improve recovery.
The UK market is seeing progressive growth with a strong focus on reducing procedural complications, and shortening hospital stays. The NHS supports the adoption of evidence-based closure technologies, particularly for large-bore access cases such as TAVR and renal interventions. Clinical training programs and increasing standardization in catheter lab practices support wider acceptance of closure devices.
Italy demonstrates a growing adoption of arteriotomy closure devices, especially in urban hospitals and cardiac specialty centers. With rising awareness of vascular complications associated with manual compression, the use of mechanical and collagen-based closure devices is increasing. Italy's health system promotes ethical procurement and clinical evaluation, supporting the gradual but sustainable expansion of the closure device market.
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Rising Number of Interventional Cardiovascular Procedures
Minimally Invasive and Ambulatory Procedures Preference
Excessive Cost of Advanced Closure Systems
Risks of Device Failure and Operator Dependence
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The worldwide arteriotomy closure devices market is fairly concentrated in nature with only a few prominent multinational firms because of their R&D strengths, proprietary technologies, and wide-reaching distribution networks. The market is slowly picking up regional players and medtech startups working on low cost or innovative closure solutions for certain clinical applications. Market leaders like Abbott Laboratories, Terumo Corporation, and Cardinal Health dominate the market with product innovation, clinical data, and physician endorsement. They spend a lot on trials, regulatory clearances, and new-generation product launches, such as bioresorbable plugs, automated suture devices, and big bore closure systems. In the meantime, small firms are competing on price, convenience, and specialty niche products, primarily in ambulatory surgical centers, and growth markets. Competitive forces are enhanced by strategic alliances, product lifecycle extension (e.g., small sheath compatibility, pediatric indications), and educational programs for surgeons.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis key drivers of market growth include the rising number of interventional cardiology, and peripheral vascular procedures, especially those requiring large bore access, which significantly increases demand for arteriotomy closure devices. Hospitals and ambulatory surgical centers are prioritizing rapid hemostasis, reduced patient recovery time, and minimized post-procedure complications factors that drive adoption of advanced closure systems. Physician preference is also shifting toward suture and plug based devices that offer higher procedural efficiency and reliability. However, the market faces restraints such as high device costs, limited access in resource constrained settings, and risks associated with improper deployment or operator error. One of the top industry trends is the integration of AI assisted deployment systems, and smart feedback technologies in closure devices, aimed at reducing complications and standardizing outcomes across varying operator skill levels. Additionally, sustainability is emerging as a concern, with manufacturers exploring bioabsorbable materials and ecofriendly packaging. North America remains the largest regional market, driven by a high volume of vascular interventions, well established hospital infrastructure, and favorable reimbursement for closure devices.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.26 Billion |
Market size value in 2032 | USD 2.48 Billion |
Growth Rate | 7.7% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Arteriotomy Closure Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Arteriotomy Closure Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Arteriotomy Closure Devices Market size was valued at USD 1.26 Billion in 2023 and is poised to grow from USD 1.34 Billion in 2024 to USD 2.48 Billion by 2032, growing at a CAGR of 7.7% in the forecast period (2025-2032).
The worldwide arteriotomy closure devices market is fairly concentrated in nature with only a few prominent multinational firms because of their R&D strengths, proprietary technologies, and wide-reaching distribution networks. The market is slowly picking up regional players and medtech startups working on low cost or innovative closure solutions for certain clinical applications. Market leaders like Abbott Laboratories, Terumo Corporation, and Cardinal Health dominate the market with product innovation, clinical data, and physician endorsement. They spend a lot on trials, regulatory clearances, and new-generation product launches, such as bioresorbable plugs, automated suture devices, and big bore closure systems. In the meantime, small firms are competing on price, convenience, and specialty niche products, primarily in ambulatory surgical centers, and growth markets. Competitive forces are enhanced by strategic alliances, product lifecycle extension (e.g., small sheath compatibility, pediatric indications), and educational programs for surgeons. 'Abbott Laboratories', 'Terumo Corporation', 'Cardinal Health (Cordis)', 'Boston Scientific Corporation', 'Medtronic plc', 'Teleflex Incorporated (Vascular Solutions)', 'Essential Medical, Inc.', 'Vivasure Medical Ltd.', 'TZ Medical, Inc.', 'Meril Life Sciences Pvt. Ltd.', 'Morris Innovative, Inc.'
Rising global volumes of interventional procedures like coronary angiography, percutaneous coronary intervention (PCI), transcatheter aortic valve replacement (TAVR), and peripheral artery interventions is significantly impacting demand for arteriotomy closure devices. In 2024, statistics by the American College of Cardiology reflected a 9% year-over year rise in PCI procedures within the U.S. alone. The requirement for quick hemostasis, reduced recovery periods, and fewer complications like hematoma and bleeding renders vascular closure devices a mandatory part of femoral access as well as radial access post-catheterization care.
Surging Preference for Minimally Invasive and Large-Bore Interventions: With a global increase in minimally invasive cardiovascular and peripheral procedures, there is growing demand for vascular closure devices that provide faster hemostasis, and improve post-operative outcomes. Large bore procedures such as TAVR (Transcatheter Aortic Valve Replacement) and EVAR (Endovascular Aneurysm Repair) are expanding rapidly in both developed and emerging healthcare markets. To cater to this demand, Abbott introduced an upgraded version of its Perclose ProStyle system in early 2025, designed specifically for high volume cath labs performing complex large bore interventions. The device allows quicker deployment, and enhanced control, addressing operator variability and post procedural complication risks.
How is the Arteriotomy Closure Devices Market Performing in North America?
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