Wound Closure Devices Market: Information by Device (Adhesives, Staples, and Others), Application (Burns and Others), Wound Types (Acute Wound and Others), End-Users (Hospitals, Community Health Services, and Others) – Forecast to 2027
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The Wound Closure Device market value is targeting strong expansion over the forecast period 2018-2023. Over the stated period, market operations are expected to increase at a CAGR of 6.9% by the end of the forecast period in 2023.
The global wound closure device market has been segmented based on device, application and end user.
By Device, the global Wound Closure Market has been divided into Adhesives, Staples, Sutures, and Mechanical Wound Closure Devices. The adhesives segment was further subdivided into fibrin tissue adhesives and cyanoacrylates. The suture segment was further divided into absorbable, non-absorbable, braided and monofilament.
By application, the global wound closure device market has been segmented into burn, ulcer, surgical wounds, pressure ulcer, diabetic ulcer, and arterial ulcer. The surgical wounds segment has been further divided into chronic wounds, acute wounds, and others.
According to end-user, the global Wound Closure Devices market has been segmented into hospitals, community healthcare providers, outpatient surgical centers, and home care.
The Americas, Asia Pacific (APAC), Europe, and the Middle East and Africa (MEA) are key markets for wound closure devices.
North and South America has the largest share of the global wound closure device market. The increase in a number of surgical procedures, the increasing frequency of traffic accidents, sports injuries and orthopedic surgery in the region is driving demand for wound closure devices. According to the American Association for the Surgery of Trauma, about 150,000 deaths from injuries and over 3 million non-fatal injuries are reported in the United States each year. Widespread awareness of wound closure technology and high healthcare spending are other factors.
Europe is the second largest market for wound closure devices. The increase in the incidence of sports injuries and accidents, as well as the increase in the number of surgical procedures due to the growing aging population, are factors driving the European wound closure device market.
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