Global Laceration Closure Devices Market, By Product (Staples, Hemostats, Adhesives, Sutures, Strips, Sealants, Wound Strips, Mechanical Wound Closure Devices), Wound Type (Acute, Chronic, Burns, Ulcers, Surgical Wounds, Others), End-User (Hospitals, Ambulatory Surgery Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Laceration closure devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 79.86 million by 2027 from USD 42.20 million in 2019 growing at a CAGR of 8.30% in the above-mentioned forecast period. The rising prevalence of chronic wounds such as venous leg ulcers, diabetic foot ulcers, and pressure ulcers has been directly impacting the growth of laceration closure devices market.
Rising number of trauma, burns, accidents and sports-related injuries is expected to have a significant impact on the laceration closure devices in the forecast period of 2020 to 2027. Rising popularity of the devices in cosmetic or plastic surgeries, technological advancement, increasing incidence of disabilities, rising geriatric population and increase in the number of surgical procedures are some of the factors that will propel the growth of the market in the above mentioned forecast period. On the other hand, the rising occurrence of infectious and non-communicable diseases will further boost ample opportunities that will propel the growth of the laceration closure devices in the above mentioned forecast period.
Side effects of laceration closure devices and unfavorable reimbursement policies will restrict the growth of laceration closure devices market in the forecast period of 2020 to 2027.
This laceration closure devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on laceration closure devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Laceration Closure Devices Market Scope and Market Size
Laceration closure devices market is segmented on the basis of product, wound type and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the laceration closure devices market is segmented into staples, hemostats, adhesives, sutures, strips, sealants, wound strips and mechanical wound closure devices. Sutures is further segmented into absorbable, non-absorbable, braided and monofilament.
- On the basis of wound type, the laceration closure devices market is segmented into acute, chronic, burns, ulcers, surgical wounds and others.
- Laceration closure devices market has also been segmented based on the end-user into hospitals, ambulatory surgery centers and others.
Laceration Closure Devices Market Country Level Analysis
Laceration closure devices market is analyzed and market size insights and trends are provided by country, product, wound type and end-user as referenced above.
The countries covered in the laceration closure devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laceration closure devices market due to the easy availability to new techniques and technology and highly established medical and healthcare infrastructure. Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the growing medical infrastructure and rising opportunities for the leading players in the region.
The country section of the laceration closure devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Laceration closure devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for laceration closure devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the laceration closure devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Laceration Closure Devices Market Share Analysis
Laceration closure devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laceration closure devices market.
The major players covered in the laceration closure devices market report are 3M, Teleflex Incorporated, B. Braun Melsungen AG, Medtronic, Smith & Nephew, Sutura Inc., Radi Medical Systems Inc., Johnson & Johnson, Medtronic, Abbott, Integra LifeSciences Corporation, Derma Sciences, and NeatStitch Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Laceration Closure Devices Market
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