Global Wound Closure Devices Market, By Product Type (Adhesives, Staples, Sutures, Sealants, Mechanical Devices), Wound Type (Acute Wound, Chronic Wound), Application (Burns, Ulcer, Surgical Wounds, Pressure Ulcers, Diabetic Ulcers, Arterial Ulcers), End User (Hospitals, Community Healthcare Service Providers, Ambulatory Surgical Centers, Home Care), 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 2028
The wound closure devices market is expected to witness market growth at a rate of 3.66% in the forecast period of 2021 to 2028. Data Bridge Market Research report on wound closure devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the healthcare sector is driving the growth of wound closure devices market.
Wound closure devices refer to the type of devices that aid with the closing down of a wound. The process involves the pulling down of the wound edges and tissues together that helps in healing. Strips, adhesives, sutures, mechanical wound closure devices, and staples are some of the prominent wound closure devices.
The increase in the number of surgeries across the globe acts as one of the major factors driving the growth of wound closure devices market. The rise in demand for these devices as assist in strengthening the wounded tissue and further help in minimizing the trauma of the tissue and increase in the incidence of disabilities accelerate the market growth. The high adoption of the devices as they reduce the risk or danger of excessive scarring and infection and surge in the incidence of chronic wounds such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers further influence the market. Additionally, rise in geriatric population, increasing cases of accidents, surge in healthcare expenditure, and prevalence of chronic wounds positively affect the wound closure devices market. Furthermore, technological advancements in these devices extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the rise in the preference to minimally invasive surgeries is expected to obstruct the market growth. Concerns regarding infections and side effects are projected to challenge the wound closure devices market in the forecast period of 2021-2028.
This wound 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 wound 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.
Wound Closure Devices Market Scope and Market Size
The wound closure devices market is segmented on the basis of product type, wound type, application, and end user. The growth amongst these segments will help you analyze meagre 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.
- On the basis of product type, the wound closure devices market is segmented into adhesives, staples, sutures, sealants and mechanical devices. Adhesives are further segmented into fibrin tissue adhesives and cyanoacrylates. Sutures segment has been further divided into absorbable, non-absorbable, braided, and monofilament. Strips are further segmented into sterile and non-sterile. Sealants are further segmented into synthetic, non-synthetic and collagen-based.
- On the basis of wound type, the wound closure devices market is segmented into acute wound and chronic wound.
- On the basis of application, the wound closure devices market is segmented into burns, ulcer, surgical wounds, pressure ulcers, diabetic ulcers and arterial ulcers.
- On the basis of end user, the wound closure devices market is segmented into hospitals, community healthcare service providers, ambulatory surgical centers and home care.
Global Wound Closure Devices Market Country Level Analysis
The wound closure devices market is analyzed and market size insights and trends are provided by country, product type, wound type, application and end user as referenced above.
The countries covered in the wound 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 wound closure devices market because of the presence of major players and increasing number of patients undergoing surgeries within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the rising medical tourism in the region.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The wound 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 wound closure devices market, impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the wound closure devices market. The data is available for historic period 2010-2019.
Competitive Landscape and Wound Closure Devices Market Share Analysis
The wound 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 wound closure devices market.
The major players covered in the wound closure devices market report are Medtronic, Abbott, Integra LifeSciences Corporation, Radcliffe Medical Media, B. Braun Melsungen AG, BSN medical, Smith + Nephew, Baxter, 3M, Teleflex Incorporated, ConvaTec Group PLC, Coloplast, Arthrex Inc., DACH Medical Group, IVT Medical Ltd., Dolphin Sutures, Johnson & Johnson Services Inc., Boston Scientific Corporation, Welfare Medical Ltd., Riverpoint Medical and CryoLife Inc., 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 Wound Closure Devices Market
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