Vascular Closure Device Market: USD 2.59 Billion by 2031 as Minimally Invasive Cardiovascular Procedures Drive Adoption, Says Mordor Intelligence
Hyderabad, India, June 08, 2026 (GLOBE NEWSWIRE) -- According to the latest report by Mordor Intelligence, the vascular closure devices market size was valued at USD 1.77 billion in 2025 and is projected to increase to USD 1.89 billion in 2026. The market is expected to reach USD 2.59 billion by 2031, registering a CAGR of 6.56% during the forecast period from 2026 to 2031. The market is expanding as healthcare providers increasingly adopt device-based vascular closure solutions to improve procedural efficiency, reduce recovery times, and support the growing shift toward minimally invasive cardiovascular and endovascular interventions.
The growth of the vascular closure device market is closely linked to the increasing number of catheterization-based procedures worldwide. Rising prevalence of cardiovascular diseases, peripheral vascular disorders, and structural heart conditions is contributing to higher procedural volumes across hospitals and specialized cardiac centers. Vascular closure devices help achieve rapid hemostasis, reduce complications associated with manual compression, and enable earlier patient ambulation, making them an essential component of modern interventional care.
Technological advancements continue to shape the competitive landscape. Manufacturers are introducing innovative closure systems featuring bioabsorbable materials, enhanced deployment mechanisms, and large-bore access capabilities designed for increasingly complex procedures. The integration of advanced materials and improved device designs is helping reduce complications while improving procedural success rates. In addition, growing adoption of same-day discharge protocols is further increasing demand for efficient vascular closure technologies.
Vascular Closure Device Market Share by Region
North America represents a significant share of the vascular closure device market, supported by advanced healthcare infrastructure, strong adoption of minimally invasive procedures, favorable reimbursement frameworks, and ongoing innovation in cardiovascular care.
Asia-Pacific is emerging as the fastest-growing region due to increasing healthcare investments, expanding access to cardiovascular treatments, rising incidence of chronic diseases, and growing adoption of advanced interventional procedures across countries such as China, India, and Japan.
Europe holds a notable position in the market, driven by increasing utilization of catheter-based therapies, strong clinical expertise, and ongoing investments in cardiovascular and structural heart disease treatment programs.
Soumya Goud, Senior Research Manager, Mordor Intelligence, says “As vascular closure devices continue to play an important role in supporting procedural efficiency and patient management, organizations require market intelligence grounded in consistent research standards and verifiable industry inputs. Mordor Intelligence combines structured primary and secondary research with transparent analytical frameworks, helping decision-makers evaluate market developments with a level of rigor and traceability that supports informed strategic planning.”
Vascular Closure Device Market Trends & Forecast
Growing Adoption of Same-Day Discharge Programs
Healthcare providers are increasingly implementing same-day discharge protocols following catheter-based procedures, creating stronger demand for vascular closure solutions that enable rapid hemostasis and early patient mobilization.
Expansion of Large-Bore Closure Technologies
The growing use of TAVR, EVAR, and other complex cardiovascular procedures is driving demand for advanced large-bore vascular closure devices capable of supporting larger access sites with improved procedural outcomes.
Vascular Closure Device Market Segmentation Overview
Product Type
Procedure Type
End User
Geography
For a full breakdown of market dynamics, segmentation insights, regional analysis, and competitive landscape, access the details of the Mordor Intelligence report: https://www.mordorintelligence.com/industry-reports/vascular-closure-device-market?utm_source=globenewswire
Vascular Closure Device Market Competitive Outlook
The vascular closure device market features established medical device manufacturers and specialized cardiovascular technology providers focused on advancing closure technologies, improving procedural efficiency, and reducing access-site complications. Companies are investing in bioabsorbable materials, large-bore closure platforms, and next-generation deployment systems to strengthen their market positions. Strategic collaborations, regulatory approvals, and product innovation initiatives continue to shape competitive dynamics across the industry.
Major Companies in the Vascular Closure Device Market include:
• Abbott Laboratories
• Terumo Corporation
• Medtronic PLC
• Cordis
• Teleflex Incorporated
Check out related reports published by Mordor Intelligence:
Vagus Nerve Stimulation Market Analysis
The vagus nerve stimulation market is expected to grow from USD 598.96 million in 2026 to USD 969.76 million by 2031, registering a CAGR of 10.12% during the forecast period. Growth is driven by increasing prevalence of neurological disorders, rising adoption of neuromodulation therapies, and growing demand for minimally invasive treatment options for conditions such as epilepsy and depression.
Femoral Head Prostheses Market Trends
The femoral head prostheses market is expected to grow from USD 1.89 billion in 2026 to USD 2.41 billion by 2031, registering a CAGR of 5.03% during the forecast period. Market expansion is supported by the rising incidence of hip fractures and joint disorders, increasing geriatric population, and growing demand for orthopedic reconstruction procedures.
Water Flosser Market Size
The water flosser market is expected to grow from USD 1.22 billion in 2026 to USD 1.70 billion by 2031, registering a CAGR of 6.80% during the forecast period. Growth is driven by increasing awareness of oral hygiene, rising consumer preference for advanced dental care products, and growing adoption of preventive oral healthcare practices.
Read about Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.