Global Wound Closure Devices Market
Medical Equipment

Wound Closure Devices Market Forecast 2023-2027 By The Business Research Company

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 Business Research Company’s wound closure devices market report forecasts the wound closure devices market size to grow to $21.46 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Wound Closure Devices Market Report 2023 –

Wound Closure Devices Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. 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.

Key Wound Closure Devices Market Driver ­– Increase In Number Of Patients Undergoing Surgeries
For instance, in April 2022, according to the American Society for Aesthetic Plastic Surgery, a US-based organization of plastic surgeons, there has been a considerable growth in operations on the face, breast, and body. Since 2020, attractive body operations such as abdominoplasty, buttock augmentation, and liposuction have climbed by 63%. Breast augmentation, augmentation with a breast lift, and breast lift with reduction treatments increased by 48%. Last year, specialized facial surgeries such as brow lifts and facelifts increased by 54%. Therefore, the increasing number of patients undergoing surgeries is driving the growth of the wound closure devices market.

Request for A Sample Of The Global Wound Closure Devices Market Report:

Key Wound Closure Devices Market Trend – Technological Advancement
Major companies operating in the wound closure devices market are focused on developing new technological solutions flexible across other elements to gain a competitive edge in the market. For instance, in March 2021, Ethicon Endo-Surgery, a US-based advanced medical device company, launched an ECHELONTM+ Stapler with GST Reloads, a new powered surgical stapler that has been designed for increasing staple line security and will reduce complications through uniform tissue compression and better staple formation, even in challenging situations. This has Gripping Surface Technology (GST) reloads for more consistent compression to better capture and form staples, and a motor with Dynamic Firing, which optimizes firing speed in thick tissue to improve compression.

Wound Closure Devices Market Segment
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

Wound Closure Devices Market Major Players and Strategies
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.

In December 2021, Essity AB, a Sweden-based hygiene and health company, acquired Hydrofera LLC for an amount of $116 million. This acquisition is expected to support Essity’s strategic goal of expanding its medical solutions business through acquisitions. This agreement will increase Essity’s capability for innovation and broaden its selection of sophisticated wound care products. Hydrofera LLC is a US-based company operating in wound closure devices.

The Wound Closure Devices Global Market Report 2023 covers regional data on wound closure devices market size, wound closure devices market trends and drivers, opportunities, strategies, and wound closure devices market competitor 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.

Wound closure devices refer to internal consistency, reliability, and mechanical gear that help in wound closure by bringing wound tissue margins closer together. The wound closure devices are used to stop the bleeding, prevent infection, accelerate healing, and preserve the look and function of the damaged region.

View More Reports Related To The Wound Closure Devices Market –
Wound Care Devices Global Market Report 2023
Negative Pressure Wound Therapy Global Market Report 2023
Wound Debridement Global Market Report 2023

Contact us at:
The Business Research Company:
+1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
Global Market Model:
Found this article helpful? Share it on: