Wound closure devices market by Product (Adhesives, Staples, Sutures, Strips, Sealants, and Mechanical wound closure devices), Type (Chronic and Acute), End-User (Hospital, Clinics, Trauma centers, Others), and Geography – Global Forecast up to 2026

  • May, 2021
  • Domain: Healthcare - Medical Devices
Pages: 105
Tables: 73
Charts: 108
Regions/Countries: 4/10
Companies: 15
Enquiry Hours: 10
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Wound closure devices are used for the closure of the wound by pulling both the edges together. After surgical procedures, incisions and minor wounds are created owing to medical intrusions. Wound closure devices are utilized for fast recovery and healing of such wounds. The growing volume of surgical procedures is the primary reason behind the growing demand for wound closure devices. The increase in plastic surgery, burns, trauma, cosmetic surgeries, accidents, and sports-related injuries are anticipated to drive the market growth. The market is highly disjointed, and leading players have used several strategies like expansions, agreements, joint ventures, partnerships, acquisitions, new product launches, and others to increase their footprints in this market. Furthermore, advancements in technology, a decrease in the number of surgical site infections, and efforts to reduce hospital stay for reducing surgical spending contribute to the market's growth. The Wound Closure Devices Market is expected to grow at the rate of 7.56% CAGR by 2026.

Research Methodology:

The Metabolomics Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Wound closure devices Market

Wound Closure Devices Market by Wound Type

  • Chronic
  • Acute

Wound Closure Devices Market by End-use

  • Hospital
  • Clinics
  • Trauma centers
  • Others

Wound Closure Devices Market by Product

  • Mechanical wound closure devices
  • Adhesives
  • Staples 
  • Strips
    • Sterile
    • Non-Sterile
  • Sutures
    • Absorbable
    • Non-absorbable
  • Sealants
    • Synthetic
    • Non-synthetic
    • Collagen-based

Wound Closure Devices Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

The market has been segmented into staples, sutures, strips, sealants, adhesives, and mechanical wound closure devices based on the product. Sutures include a needle with a thread attached to it, and it derives in various sizes, shapes, and a wide variety of thread materials. The sutures market has been supplementarily segregated into absorbable and non-absorbable. The absorbable sutures market is expected to witness the fastest development over the estimated period. They are more convenient and easy-to-use compared to the non-absorbable sutures.

In terms of application, the wound closure devices market has been segmented into chronic and acute. For example, as per WHO, in South Africa, around USD xx million is spent every year on the care of burns ensuing from kerosene cooking stove incidents.

The End-users of wound closure devices are hospitals, clinics, trauma centers, and others. The hospital segment detained the largest market share in 2018 owing to the growing number of surgeries and growing cases of road accidents.

The Asia Pacific market is probable to witness the fastest development over the forecast period. The development of the market is attributable to growing medical tourism in the region.

This report include the profiles of companies that are leading the Wound Closure Devices market: 3M, Abbott Laboratories, B. Braun Melsungen AG, Ethicon Inc., Medtronic., Smith & Nephew, Baxter International, BSN medical Inc., Derma Sciences, Kinetic Concepts, ConvaTec, DACH Medical Group, Arthrex GmbH, Gecko Biomedical, Integra LifeScience, and CP Medical.

  • This report offers an overall analysis of the Wound Closure Devices market growth drivers, restraints, opportunities.
  • This report illustrates the developments in the market, such as new product launches, diversification, mergers and acquisitions, and joint ventures of the market players.
  • This report also describes all potential segments and sub-segments present in the market to help the companies in strategic business planning.
  • This report also gives the regional analysis of the Wound Closure Devices market in terms of market penetration across the world.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. PEST Analysis
      2. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Evolution
    2. Market Trends and Impact
    3. Advantages/Disadvantages of Market
    4. Regulatory Impact
    5. Market Offerings
    6. Market Segmentation
    7. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    8. DRO - Impact Analysis
  5. Product: Market Size & Analysis
    1. Overview
    2. Adhesives
    3. Staples
    4. Sutures
      1. Absorbable
      2. Non-absorbable
    5. Strips
      1. Sterile
      2. Non-Sterile
    6. Sealants
      1. Synthetic
      2. Non-synthetic
      3. Collagen-based
    7. Mechanical wound closure devices
  6. Wound Type: Market Size & Analysis
    1. Overview
    2. Chronic
    3. Acute
  7. END-USER: Market Size & Analysis
    1. Overview
    2. Hospital
    3. Clinics
    4. Trauma centers
    5. Others
  8. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  9. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  10. Vendor Profiles
    1. Johnson & Johnson Services Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. ConvaTec Group PLC
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. DACH Medical Group
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Integra LifeSciences Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Welfare Medical Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Smith + Nephew
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Boston Scientific Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Radcliffe Medical Media
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. B. Braun Melsungen AG
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. 3M
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  11. Companies to Watch
    1. Teleflex Incorporated
      1. Overview
      2. Products & Services
      3. Business Strategy
    2. Arthrex Inc.
      1. Overview
      2. Products & Services
      3. Business Strategy
    3. IVT Medical Ltd.
      1. Overview
      2. Products & Services
      3. Business Strategy
    4. Dolphin Sutures
      1. Overview
      2. Products & Services
      3. Business Strategy
    5. Riverpoint Medical
      1. Overview
      2. Products & Services
      3. Business Strategy
  12. Analyst Opinion
  13. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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