Arteriotomy Closure Devices Market Size, Share, and Growth Analysis

Global Arteriotomy Closure Devices Market

Arteriotomy Closure Devices Market By Device Type (Passive Closure Devices, Active Closure Devices, Suture Closure Devices, Collagen-based Closure Devices), By End User (Hospitals, Ambulatory Surgical Centers), By Distribution Channel, By Region – Industry Forecast 2025–2032


Report ID: SQMIG35A3072 | Region: Global | Published Date: July, 2025
Pages: 198 |Tables: 91 |Figures: 67

Format - word format excel data power point presentation

Arteriotomy Closure Devices Market Insights

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

Global Arteriotomy Closure Devices Market ($ Bn)
Country Share for North America Region (%)

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Arteriotomy Closure Devices Market Segments Analysis

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.

What Drives the Popularity of the Arteriotomy Closure Devices Market?

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.

Which Segment Holds the Largest Market Share in the Arteriotomy Closure Devices Market?

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.

Global Arteriotomy Closure Devices Market By Device Type (%)

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Arteriotomy Closure Devices Market Regional Insights

How is the Arteriotomy Closure Devices Market Performing in North America?

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.

Arteriotomy Closure Devices Market in the United States

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.

Arteriotomy Closure Devices Market in Canada

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.

What Drives Growth in the Asia-Pacific Arteriotomy Closure Devices Market?

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.

Arteriotomy Closure Devices Market in Japan

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.

Arteriotomy Closure Devices Market in South Korea

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.

What Role Does Europe Play in Promoting Ethical and Safe Use of Arteriotomy Closure 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.

Arteriotomy Closure Devices Market in Germany

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.

Arteriotomy Closure Devices Market in the United Kingdom

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.

Arteriotomy Closure Devices Market in Italy

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.

Global Arteriotomy Closure Devices Market By Geography
  • Largest
  • Fastest

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Arteriotomy Closure Devices Market Dynamics

Arteriotomy Closure Devices Market Drivers

Rising Number of Interventional Cardiovascular Procedures

  • 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.

Minimally Invasive and Ambulatory Procedures Preference

  • As operating centers and hospitals increasingly follow minimally invasive approaches and same day discharge practices, the role of vascular closure devices has gained importance. Regulatory agencies in the EU and Japan, in 2024, revised clinical guidelines to favor closure devices as first choice procedural procedures in catheter-based procedures. Arteriotomy closure devices provide shorter hospital stays, decreased requirement of manual compression, and earlier ambulation of patients, which are aligned with contemporary procedural outcomes and cost savings to healthcare systems.

Arteriotomy Closure Devices Market Restraints

Excessive Cost of Advanced Closure Systems

  • One of the biggest impediments to broader application, most notably for developing economies, is that advanced arteriotomy closure systems are rather pricey. Although manual compression is low-cost, institutions in cost constrained markets will not transition because of limited reimbursement, price sensitive purchasing policies, and insufficient infrastructure to accommodate newer technology. In 2024, Southeast Asian and Latin American emerging markets reported that hospitals continued to mainly use manual closure because devices were unaffordable.

Risks of Device Failure and Operator Dependence

  • As safe as they are overall devices, there are risks like device-related complications, infection, and arterial occlusion that are related to their incorrect use. Society for Cardiovascular Angiography and Interventions (SCAI) 2024 reports have spoken of unusual but serious device closure adverse events in challenging cases involving calcified vessels or obesity. Operator expertise and procedural experience are extremely pertinent and learning curve in reduced or low-volume centers remains a challenge to universal standardization of devices.

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Arteriotomy Closure Devices Market Competitive Landscape

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.

  • Vivasure Medical (Ireland, established in 2014), a medtech company that has created the PerQseal, the first fully bioabsorbable percutaneous closure system globally for large-bore vascular access. It specializes especially in TAVR and EVAR procedures, where traditional devices might have size constraints. Vivasure initiated clinical trials in Europe in 2024 and announced entry into the U.S. market through FDA breakthrough designation.
  • Essential Medical, Inc. (USA, established in 2016), committed to developing closure solutions for generic and large-bore access. MANTATM Vascular Closure Device is their leading product for femoral artery puncture sites after catheterization. In 2024, the company partnered with several ambulatory surgical networks in the U.S. to deploy outpatient cardiovascular procedures.

Top Player’s Company Profiles

  • 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.

Recent Developments in Arteriotomy Closure Devices Market

  • In January 2025, Abbott Laboratories received CE Mark approval for its Perclose ProStyle Plus, an advanced suture mediated closure system optimized for large bore arteriotomies in TAVR and EVAR procedures. The device includes ergonomic design upgrades and integrated deployment feedback for improved operator control and precision in complex anatomical cases.
  • In March 2025, Vivasure Medical announced the successful completion of Phase II clinical trials for its PerQseal, a next generation fully bioabsorbable closure device designed for high flow, large bore arterial access. The company also secured additional Series D funding to support global regulatory expansion, including planned FDA submission for U.S. entry in 2026.
  • In April 2025, Terumo Corporation launched its AngioSeal Prime Eco, an environmentally conscious closure device that utilizes bio sourced polymers and minimizes packaging waste. Targeted at European hospitals, the product reflects Terumo’s ESG commitment while retaining its proven collagen plug technology.
  • In May 2025, Cordex Systems Inc., a U.S. based medtech startup, introduced its AI assisted prototype closure platform at the ACC 2025 conference. The system combines real time imaging guidance with smart feedback sensors to ensure optimal plug or suture placement, particularly in complex femoral access procedures.
  • In June 2025, Essential Medical Inc. expanded its MANTATM Vascular Closure Device to additional U.S. ambulatory surgical centers through a new distribution partnership with Medline. This move aims to improve closure outcomes in outpatient cardiac catheterization labs, particularly for same day PCI and diagnostic procedures.

Arteriotomy Closure Devices Key Market Trends

Arteriotomy Closure Devices Market SkyQuest Analysis

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
  • Device Type
    • Passive Closure Devices
    • Active Closure Devices
    • Suture Closure Devices
    • Collagen-based Closure Devices
  • End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
  • Distribution Channel 
    • Hospital Pharmacies
    • Drug Store and Retail Pharmacies
    • Online Providers
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
  • 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.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Arteriotomy Closure Devices Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Arteriotomy Closure Devices Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

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.

Analyst Support

Customization Options

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Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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FAQs

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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