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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Vascular Closure Device Market Size, Industry Analysis Report, Regional Outlook and Forecast, 2017 – 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  U.S. vascular closure device market size led the regional segment in 2016, owing to increasing awareness levels amongst the affected population.  A increased prevalence of cardiovascular and peripheral illness, growing geriatric population and presence of better reimbursement policies.  Moreover, increase in the number of people exposed to alcohol consumption, smoking, substance abuse, obesity should positively reinforce the industry growth over the forecast timeframe.   Asia Pacific will be the fastest growing region over the forecast period. India and China will experience significant growth in number of diabetes, obesity, and several other CVDS due to demographic factors, increase in disposable income will lead to change in the lifestyle. Regional Analysis of Vascular Closure Device Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Active approximators accounted for the highest vascular closure devices market share in 2016, due to their high competence.  Recently, MANTA, an active approximator (Essential Medical), seal femoral punctures done while performing cardiac catheterization. Many industry players operating in this industry are focusing on active approximators for introduction of novel technologies.  Passive approximators is the fastest growing product segment as they deliver instant and reliable hemostasis of vascular access site. Growing number of products falling in this category, such as FastSeal, X-Seal, Angio-Seal, and Mynx, is likely to increase revenue growth for the segment during the forecast period. Application Analysis of Cardiac Prosthetic Devices Market:

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Some of the companies operating in this industry include Abbott Vascular, Merit Medical Systems, Boston Scientific, W L. Gore & Associates, Biotronik, Medtronic, ST. JUDE MEDICAL, C. R. Bard, ESSENTIAL MEDICAL, Cardinal Health, TZ Medical, Scion BioMedical, and Cardival Medical.  The companies are introducing novel products to gain power in the market. The players are growing their business by focusing on merger, acquisition and collaborations with other vendors operating in the industry.  For example, in November 2015, Medtronic launched VenaSeal closure system in the U.S. This launch by Medtronic will lift its revenue generation, in turn, improve its dominance in the coming years. Competitive Market Share of Vascular Closure Device Market:

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Vascular Closure Device Market @ http://bit.ly/2hqKEXdhttp://bit.ly/2hqKEXd Request for an in-depth table of contents for this report @ http://bit.ly/2tQoXlb

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