The global Vascular Closure Devices (VCD) market size is expected to reach USD 1.67 Billion in 2030 and register a steady revenue CAGR of 7.0% during the forecast period. Growing prevalence of Cardiovascular Diseases (CVD) and obesity is a major factor driving market revenue growth. For example, World Obesity Federation's World Obesity Atlas 2022, released on 04 March 2022, estimates that one billion individuals worldwide, including one in every five women and seven men, would be obese by 2030. Cardiovascular diseases are the leading cause of mortality globally, killing an estimated 17.9 million individuals each year. Obesity, along with other cardiovascular risk factors, contributes to development of cardiovascular diseases as well as mortality from cardiovascular disease. Furthermore, prevalence of cardiovascular disorders is rising, due to increasing prevalence of worldwide obesity, which in turn is, rising demand for vascular closure devices. https://www.emergenresearch.com/industry-report/vascular-closure-devices-market
Vascular Closure Devices Market Size, Share | Industry Forecast by 2030
The global Vascular Closure Devices market size reached USD 904.5 Million in 2021 and is expected to reach USD 1.67 Billion in 2030 registering a CAGR of 7.0%. Vascular Closure Devices market growth is primarily driven owing to large number of approvals for vascular closure devices, increasing focus of market players on large-bore vascular closure devices
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