Staff Reporter
Published:
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Global arteriotomy closure devices market sales to hit $873m by 2033
Its expansion is attributed to a rise in cardiovascular diseases.
The arteriotomy closure devices market is projected to reach sales of $873m by 2033 at a compound annual growth rate of 2.9%, said GlobalData.
The sector’s expansion is attributed to the rising prevalence of cardiovascular diseases globally, increasing interventional procedures.
These devices are categorised into passive and active closure types. Active devices mechanically close vascular access points, whilst passive support natural clotting.
Meanwhile, advancements in materials and design, including bio-absorbable materials and improved suturing techniques, are contributing to the growth of both device types.
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