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How has the laceration closure devices market grown in recent years?

The market for laceration closure devices has been on an upward trajectory in recent years and is expected to expand from a value of $9.64 billion in 2024 to $10.39 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.8%. The significant rise experienced during the historical period is linked to several factors including a surge in disability rates, a rise in cases of both infectious and non-communicable diseases, a growing prevalence of surgical operations, a spike in accident and sports-related injuries, as well as an increase in healthcare spending.

How is the laceration closure devices market size expected to evolve during the forecast period?

In the coming years, it is anticipated that the laceration closure devices market will experience significant growth. By 2029, its size is projected to reach $13.84 billion, with a compound annual growth rate (CAGR) of 7.4%. Multiple factors can be credited for this growth within the forecast period, including a rise in the usage of technology in cosmetic or plastic surgeries, a surge in the number of surgical operations, an increase in cases of infectious and non-communicable diseases, a growing demand for skin closure devices, and an escalating incidence of chronic wounds. The forecast period is also anticipated to see key trends such as the expansion of health infrastructure, the integration of technology in cosmetic or plastic surgeries, technological advancement in laceration closure devices, and strategic partnerships and buyouts.

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Which key drivers are propelling the laceration closure devices market’s growth?

The surge in surgical procedures is predicted to catalyze the expansion of the laceration closure device market in the future. Surgical operations, which utilize invasive techniques to identify, treat, or manage afflictions, injuries, or diseases, are witnessing a rise due to an aging population, advancements in medical technology, and a growing preference for elective surgeries. The efficiency of laceration closure devices in sealing wounds, lessening procedure duration, reducing tissue trauma, and encouraging speedy recovery compared to conventional sutures proves their utility in surgeries. For example, as per the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based professional association for cosmetic plastic surgeons, in September 2023, breast augmentation is expected to uphold its position as the most common surgical procedure among women, with about 2.2 million procedures carried out in 2022, indicating a 29% upswing from 2021. Accordingly, the surge in surgical operations is contributing to the expansion of the laceration closure device market.

What are the market segments in the laceration closure devices industry?

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 leading companies are shaping the growth of the laceration closure devices market?

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

What emerging trends are influencing the growth of the laceration closure devices market?

Leading firms in the laceration closure devices market are concentrating their efforts on creating innovative solutions such as next-generation microsurgical sutures. The aim of these solutions is to increase accuracy, promote faster healing, and augment patient results. Next-generation microsurgical sutures are high-tech, ultra-thin sutures built for exact, minimally invasive surgical operations. They provide enhanced biocompatibility, strength, and minimized tissue damage for superior healing and a quicker recovery process. For example, in October 2024, Corza Medical GmbH, a manufacturing firm based in the US, unveiled the Onatec Ophthalmic Microsurgical Sutures at the American Academy of Ophthalmology Conference. These suture devices, crafted from highly tempered stainless steel, offer durability and precision and are designed to improve tissue penetration and decrease trauma in eye surgeries. Their advanced fabrication process facilitates optimal stitching geometries in small, delicate spaces.

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Which geographic areas are influencing 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.

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