Discover trends, market shifts, and competitive outlooks for the laceration closure devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Current and Projected Market Size of the Laceration Closure Devices Market Through 2034?

The market size of laceration closure devices has seen robust growth over the past few years. It is projected to expand from $9.64 billion in 2024 to $10.39 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. The historic rise can be linked to factors such as the growing rate of disabilities, a surge in both infectious and non-communicable diseases, an increased number of surgical operations, a rise in accidents and sport-related injuries, as well as an increase in healthcare spending.

The laceration closure devices sector is predicted to undergo significant expansion in the coming years, hitting approximately $13.84 billion by 2029 with a compound annual growth rate (CAGR) of 7.4%. This growth over the predicted period can be credited to factors such as increased usage of technology in cosmetic or plastic surgeries, surge in surgical procedures, growing occurrence of infectious and non-communicable illnesses, high demand for skin closure devices, and escalating incidence of chronic wounds. Key trends during the forecast period include healthcare infrastructure development, application of technology in cosmetic or plastic surgeries, breakthroughs in laceration closure device technology, and strategic merger and acquisition initiatives.

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What Are the Primary Drivers Supporting the Market Growth of the Laceration Closure Devices Market?

The growth of the laceration closure device market is anticipated to be driven by an escalation in the number of surgical procedures. Surgical operations, which include invasive methods for diagnosing, treating, or managing injuries, diseases, or conditions, are witnessing an upward trend due to aging populations, breakthroughs in medical technology, and the rise in demand for elective surgeries. Laceration closure devices provide the advantage of efficient wound closure during surgery, subsequently diminishing procedure duration, lessening tissue damage, and enabling quicker healing than traditional stitches. To illustrate, breast augmentation is expected to remain the most common surgical procedure amongst women, as reported by the International Society of Aesthetic Plastic Surgery (ISAPS), a professional organization for aesthetic plastic surgeons based in the US. In September 2023, the report indicated that 2.2 million breast augmentation procedures were conducted in 2022, depicting a boost of 29% from 2021. Therefore, the proliferating number of surgical procedures is directly influencing the expansion of the laceration closure device market.

How Is the Laceration Closure Devices Market Segmented?

The laceration closure devices market covered in this report is segmented –

1) By Product: Staples, Hemostats, Adhesives, Sutures, Strips, Sealants, Wound Strips, Mechanical Wound Closure Devices

2) By Wound Type: Acute, Chronic, Burns, Ulcers, Surgical Wounds

3) By End-User: Hospitals, Ambulatory Surgery Centers, Other End-Users

Subsegments:

1) By Staples: Stainless Steel Staples, Titanium Staples

2) By Hemostats: Absorbable Hemostats, Non-Absorbable Hemostats

3) By Adhesives: Tissue Adhesives, Surgical Adhesives

4) By Sutures: Absorbable Sutures, Non-Absorbable Sutures

5) By Strips: Steri-Strips, Wound Closure Strips

6) By Sealants: Biological Sealants, Synthetic Sealants

7) By Wound Strips: Paper Wound Strips, Fabric Wound Strips

8) By Mechanical Wound Closure Devices: Skin Closures, Wound Closure Clips

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Which Regions Are Key Players in the Growth of the Laceration Closure Devices Market?

North America was the largest region in the laceration closure devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laceration closure devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Key Market Trends in the Laceration Closure Devices Market Over the Coming Years?

Leading enterprises in the laceration closure devices market are concentrating on the creation of novel solutions such as next-generation microsurgical sutures. Such advancements aim to enhance the precision of the procedures, reduce the healing time, and improve the results for patients. The term ‘next-generation microsurgical sutures’ is used to describe ultramodern, extremely thin sutures created for accurate, minimally invasive surgical operations. These sutures bring increased biocompatibility, strength, and less traumatic for tissues, which results in improved healing and quicker recovery. For example, in October 2024, Onatec Ophthalmic Microsurgical Sutures were launched by Corza Medical GmbH, a manufacturing firm based in the US, at the American Academy of Ophthalmology Conference. These sutures, made with highly tempered stainless steel for better durability and precision, are intended to increase tissue penetration and decrease trauma during eye operations. The sophisticated manufacturing process also ensures ideal geometric shapes for stitching in small and delicate areas.

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How Is the Laceration Closure Devices Market Defined and What Are Its Core Parameters?

Laceration closure devices are medical tools used to close and heal wounds, typically including skin glues and adhesive strips. They provide an efficient method for approximating wound edges to promote faster healing and reduce scarring. These devices are commonly used in emergency settings and surgical procedures.

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