Laceration Closure Devices Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Laceration Closure Devices Market?
The laceration closure device market is projected to grow due to an anticipated surge in the volume of surgical procedures. These medical interventions, which revolve around invasive techniques for the diagnosis, treatment, or management of injuries, diseases, or conditions, have seen an ascending trend owing to the aging population, advancements in medical technology, and the escalating demand for elective surgeries. Laceration closure devices are particularly advantageous due to their substantial contribution to wound closure, time efficiency, reduction in tissue trauma, and swifter healing when contrasted with conventional sutures. For instance, in September 2023, projections by the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based aesthetic plastic surgery professional organization, predict that breast augmentation will continue playing the leading role as the most common surgical procedure performed on women, with the number of procedures hitting 2.2 million in 2022, a staggering elevation of 29% from 2021. Thus, the increasing prevalence of surgical procedures is propelling the expansion of the laceration closure device market.
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#What Growth Opportunities Will Drive the Laceration Closure Devices Market’s CAGR Through 2034?
The market size for laceration closure devices has experienced significant growth in the past few years. The market is set to expand from $9.64 billion in 2024 to $10.39 billion in 2025, predicting a compound annual growth rate (CAGR) of 7.8%. Factors contributing to this growth pattern during the historic period include a surge in disability rates, a spike in incidences of both infectious and non-communicable diseases, an uptick in surgical procedures, a rise in accidents and sports-related injuries, and increased spending in the healthcare sector.
A notable escalation is projected in the laceration closure devices market size in the upcoming years, with an expected surge to $13.84 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 7.4%. The predicted growth within this period can be linked to the escalating adoption of technology in cosmetic or plastic surgery, the rising number of surgical interventions, the increased prevalence of communicable and non-communicable conditions, the need for skin-fastening devices, and the escalating cases of chronic wounds. The forecast period is expected to see significant trends including the expansion of healthcare infrastructure, the integration of technology in cosmetic or plastic procedures, advancements in the technology of laceration closure devices, and targeted mergers and takeovers.
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What Are the Most Significant Market Trends Transforming theLaceration Closure Devices Market?
Leading businesses in the laceration closure devices market are directing their efforts towards the creation of innovative tools such as next-generation microsurgical stitches. These are meant to increase accuracy, decrease recovery duration and elevate the results for the patients. The term ‘next-generation microsurgical stitches’ is used to define advanced, ultra-thin sutures devised for the execution of accurate, minimally invasive surgical operations. They offer enhanced biocompatibility, robustness and lessen tissue damage, resulting in better healing and speedier recovery. For instance, Corza Medical GmbH, an American manufacturing firm, introduced Onatec Ophthalmic Microsurgical Sutures in October 2024 at the American Academy of Ophthalmology Conference. These sutures are made from highly tempered stainless steel to provide durability and precision. They are designed to improve tissue penetration and minimize trauma during eye surgeries. Their state-of-the-art manufacturing procedure guarantees perfect geometries for stitching in small and delicate spaces.
What Are the Top Market Players Propelling the Growth of theLaceration Closure Devices Industry?
Major companies operating in the laceration closure devices market are Cardinal Health Inc., Johnson & Johnson, 3M Company, Medtronic plc, Becton Dickinson and Company (BD), Stryker Corporation, Baxter International Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Terumo Corporation, Dentsply Sirona Inc., Teleflex Incorporated, Arthrex Inc., Coloplast Group, ConvaTec Group PLC, Integra LifeSciences Corporation, Merit Medical Systems Inc., CryoLife Inc., Mölnlycke Health Care AB, Aspen Surgical Products, Wound Care Technologies Inc., BSN medical GmbH
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Which Primary Segments of the Laceration Closure Devices Market Are Driving Growth and Industry Transformations?
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 #What Major Innovations Are Driving the Accelerated Growth of the Laceration Closure Devices Market?# 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.
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