Catheter Precision (VTAK) announced that it has received CE Mark approval for LockeT, the latest advanced vascular closure device. Receipt of the CE Mark indicates compliance with European Union regulations, specifically health, safety, and environmental protection standards. With this approval, LockeT is now eligible to be placed in markets within the EU and additional countries such as the UK, Switzerland and Turkey. According to Market Data Forecast, The European Vascular Closure Devices Market in Europe was worth $3.1N in 2024 and is predicted to be worth $4.3B by 2028, growing at a CAGR of 7% from 2023 to 2028.
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