What is Global Surgical Incision Closure Devices Market?
The Global Surgical Incision Closure Devices Market is a specialized sector within the broader medical devices industry. It focuses on the production and distribution of devices specifically designed to close surgical incisions. These devices are crucial in the medical field as they aid in the healing process post-surgery by ensuring the wound is securely closed, reducing the risk of infection and promoting faster recovery. The market encompasses a variety of devices, including sutures, staples, adhesive strips, and more advanced options like surgical glue and wound closure strips. The value of this market was estimated to be US$ 2667.5 million in 2022.
Disposable Surgical Incision Closure, Reusable Surgical Incision Closure in the Global Surgical Incision Closure Devices Market:
The Global Surgical Incision Closure Devices Market is further divided into two main categories: Disposable Surgical Incision Closure and Reusable Surgical Incision Closure. Disposable devices are designed for single-use and are discarded after the closure of a surgical incision. They are typically made of materials that are not suitable for sterilization and reuse. On the other hand, reusable devices are made of durable materials that can be sterilized and reused for multiple surgeries. Despite the potential cost savings of reusable devices, the disposable segment dominates the market with a share of about 70%. This could be attributed to the convenience and reduced risk of cross-contamination associated with disposable devices.
Esophagectomy, Gastrectomy, Colectomy, Proctectomy, Reconnect Skin in the Global Surgical Incision Closure Devices Market:
The devices produced in the Global Surgical Incision Closure Devices Market are used in a variety of surgical procedures. For instance, in an esophagectomy, which is the surgical removal of part or all of the esophagus, these devices are used to close the incisions made during the procedure. Similarly, in a gastrectomy (removal of part or all of the stomach), colectomy (removal of part or all of the colon), and proctectomy (removal of the rectum), surgical incision closure devices play a crucial role in the post-operative healing process. They are also used to reconnect skin after surgical procedures, ensuring a clean and secure closure that minimizes scarring and promotes healing.
Global Surgical Incision Closure Devices Market Outlook:
The market outlook for the Global Surgical Incision Closure Devices Market is positive. In 2022, the market was valued at US$ 2667.5 million and it is expected to grow to US$ 3005.9 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 1.7% during the forecast period of 2023-2029. The market is dominated by the top 3 players who collectively hold about 45% of the global market shares. Geographically, North America is the leading market, accounting for over 50% of the global market. This could be attributed to the advanced healthcare infrastructure and high prevalence of surgeries in the region. The disposable surgical incision closure segment is the main type in the market, holding a share of about 70%.
| Report Metric | Details |
| Report Name | Surgical Incision Closure Devices Market |
| Accounted market size in 2023 | US$ 2667.5 million |
| Forecasted market size in 2030 | US$ 3005.9 million |
| CAGR | 1.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | Ethicon, Medtronic, 3M, Medline, B.Braun, Teleflex, Infiniti, Welfare, JustRight, Insorb, Lotus, frankenman, Kangdi, reach, Fengh, Changzhou |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
