Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Arteriotomy closure devices are used to achieve the hemostasis of an arterial puncture site after an angiography procedure, percutaneous coronary intervention or a peripheral intervention. GlobalData uses proprietary data and analytics to provide a comprehensive report on the arteriotomy closure devices devices market, including market shares of different players within China. Buy the latest report here.

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Data Insights China Arteriotomy Closure Devices Market Share

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In 2022, GlobalData’s Market Model methodology determined that the leading player in the arteriotomy closure devices market in China was Terumo followed by Abbott Laboratories, Teleflex, Merit Medical Systems, Haemonetics, Cordis, Medtronic and LeMaitre Vascular.

Arteriotomy closure devices are used to decrease vascular complications and reduce the time to hemostasis and ambulation compared to the traditional methods such as manual or mechanical compression. Passive closure devices and Active closure devices are tracked under this segment. Arteriotomy closure devices tracked here are used only in coronary interventions and peripheral vascular interventions. Active closure devices are used for the percutaneous closure of artery access sites in patients who have undergone diagnostic endovascular catheterization procedures. Passive closure devices provide controlled compression of the percutaneous access arteries without completely occluding vessel flow.

Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the arteriotomy closure devices devices market within China was expected to be over $80m in 2022.

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The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.