The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global wound closure devices market is expected to grow from $14.64 billion in 2022 to $15.90 billion in 2023, at a compound annual growth rate (CAGR) of 8.6%. The wound closure devices market size is expected to grow to $21.46 billion in 2027 at a CAGR of 7.8%.

North America held the largest wound closure devices market share.

Wound Closure Devices Market Driver
The rising number of surgical patients is likely to drive the growth of the wound closure devices market in the coming years. Surgery is a medical speciality that uses operative manual and instrumental techniques on people to examine or cure a pathological condition, such as a sickness or injury, to improve body function and attractiveness, or to repair undesired ruptured sections. Wound closure devices treat chronic, traumatic, and surgical wounds, as well as skin grafts and flaps. According to the American Society for Aesthetic Plastic Surgery, a US-based organisation of plastic surgeons, there has been a significant increase in procedures on the face, breast, and body in April 2022. Beautiful body procedures including abdominoplasty, buttock augmentation, and liposuction have increased by 63% since 2020. Breast augmentation, breast lift, and breast lift with reduction treatments all climbed by 48%. Specialised facial operations such as brow lifts and facelifts surged by 54% last year. As a result, the growing number of patients undergoing surgery is propelling the wound closure devices market forward.

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Prominent Wound Closure Devices Market Trend
Technological developments are a major trend that is gaining traction in the wound closure devices market. To achieve a competitive advantage in the wound closure devices industry, major players are focusing on developing new technological solutions that are flexible across various factors. For example, Ethicon Endo-Surgery, a US-based advanced medical device company, launched an ECHELONTM+ Stapler with GST Reloads in March 2021, a new powered surgical stapler designed to increase staple line security and reduce complications through uniform tissue compression and better staple formation, even in difficult situations. This has GST reloads for more consistent compression to better capture and create staples, as well as a motor with Dynamic Firing, which optimises firing speed in thick tissue to increase compression.

Wound Closure Devices Market Prominent Players
Major players in the wound closure devices market are Abbott Laboratories, Arthrex Inc., B Braun Melsungen AG, Baxter International Inc., Boston Scientific Corporation, BSN Medical GmbH, Coloplast A/S, ConvaTec Group PLC, CryoLife Inc., DACH Medical Group, DeRoyal Industries Inc., Dolphin Sutures, Integra LifeSciences Corporation, IVT Medical Limited, Johnson & Johnson Services Inc., Chemence Medical Inc., Healthium Medtech Private Limited, Meril Life Sciences Private Limited, Futura Surgicare Private Limited, and Advanced Medical Solutions Group plc.

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Key Wound Closure Devices Market Segments
The global wound closure devices market is segmented –
1) By Product Type: Adhesives, Staples, Sutures, Strips, Sealants, Mechanical Wound Closure Devices
2) By Wound Type: Chronic, Acute
3) By End-Use: Hospital, Clinics, Trauma centers, Other End-Users

The Wound Closure Devices Global Market Report 2023  provides a comprehensive overview on the wound closure devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the wound closure devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Wound Care Devices Global Market Report 2023
Wound Debridement Global Market Report 2023
Wound Care Biologics Global Market Report 2023

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