ABBOTT LABORATORIES in Vascular Closure Device

Abbott is a prominent player in the vascular closure devices market owing to its vast market experience and wide range of products. The company offers active approximators in the form of clip- and suture-based vascular closure devices used to seal punctures—sizes ranging from 5 to 21F. The product portfolio of the company is complemented by its client supportive services. Abbott focuses on enhancing its product portfolio continuously. For instance, it spent USD 1.42 billion on research and development in 2016.