Wednesday, May 1, 2024

Surgical Wound Closure Supplies - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

What is Surgical Wound Closure Supplies - Global Market?

The global market for Surgical Wound Closure Supplies encompasses a wide array of products designed to facilitate the healing of surgical incisions and wounds. This market, valued at approximately US$ 13,600 million in 2023, plays a crucial role in post-operative care and recovery. Surgical wound closure supplies include items such as sutures, staples, adhesive strips, and tissue glues, each serving a unique purpose in the wound healing process. These supplies are essential in ensuring that surgical wounds heal properly, minimizing the risk of infection and promoting faster recovery times. As surgeries become more advanced and the global population ages, the demand for these supplies is expected to increase. This is reflected in the projected growth of the market, which is anticipated to reach US$ 19,110 million by 2030, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2024 to 2030. This growth is indicative of the increasing importance of efficient and effective wound closure techniques in the medical field.

Surgical Wound Closure Supplies - Market

Closure Strip, Tissue Adhesive in the Surgical Wound Closure Supplies - Global Market:

In the realm of Surgical Wound Closure Supplies, two key products stand out for their innovative approach to wound management: Closure Strips and Tissue Adhesives. Closure Strips, often made from materials like polypropylene or nylon, are designed to close wounds quickly and efficiently without the need for traditional suturing. This method not only speeds up the wound closure process but also reduces the risk of infection and minimizes scarring, making it a preferred choice for both patients and healthcare providers. On the other hand, Tissue Adhesives, such as cyanoacrylates, offer a unique advantage by providing a barrier against microbial penetration while ensuring the wound remains closed. These adhesives are particularly useful in situations where traditional stitches may not be viable, offering a flexible and durable solution for wound closure. The global market for these supplies is driven by the need for faster, safer, and more cost-effective wound closure methods. As technology advances, these products have become more sophisticated, offering improved outcomes for patients undergoing surgical procedures. The demand for Closure Strips and Tissue Adhesives is expected to grow significantly, reflecting their increasing adoption in hospitals, clinics, and other healthcare settings worldwide. This growth is a testament to the ongoing innovation in the field of surgical wound management, highlighting the importance of these supplies in modern medical practice.

Hospital, Clinic, Others in the Surgical Wound Closure Supplies - Global Market:

Surgical Wound Closure Supplies find extensive usage across various healthcare settings, including Hospitals, Clinics, and other medical facilities. In Hospitals, these supplies are indispensable for performing surgeries across a range of specialties, from general surgery to orthopedics and beyond. They play a critical role in ensuring that surgical incisions are closed properly, reducing the risk of post-operative complications such as infections. Clinics, on the other hand, utilize these supplies for minor surgical procedures and wound management, emphasizing the need for efficient and effective wound closure techniques in outpatient settings. The "Others" category encompasses a broad spectrum of healthcare facilities, including ambulatory surgical centers and emergency care services, where the quick and reliable closure of wounds is paramount. The global market for Surgical Wound Closure Supplies is driven by the increasing volume of surgical procedures worldwide, coupled with a growing emphasis on improving patient outcomes and reducing hospital stays. As such, the demand for these supplies is expected to remain robust across all healthcare settings, reflecting their critical role in patient care and recovery.

Surgical Wound Closure Supplies - Global Market Outlook:

The market outlook for Surgical Wound Closure Supplies indicates a promising future, with the sector's value estimated at US$ 13,600 million in 2023 and projected to grow to US$ 19,110 million by 2030. This growth, representing a CAGR of 5.6% during the forecast period from 2024 to 2030, underscores the increasing demand for these essential medical supplies. The broader medical devices market, within which surgical wound closure supplies are a part, is also experiencing significant growth, with an estimated value of US$ 603 billion in 2023 and a projected CAGR of 5% over the next six years. This growth is indicative of the expanding healthcare sector and the ongoing advancements in medical technology. As surgeries become more prevalent and the global population ages, the need for effective and efficient wound closure solutions is more critical than ever. The projected expansion of the Surgical Wound Closure Supplies market reflects the industry's response to these needs, highlighting the importance of these products in ensuring successful surgical outcomes and enhancing patient care.


Report Metric Details
Report Name Surgical Wound Closure Supplies - Market
Forecasted market size in 2030 US$ 19110 million
CAGR 5.6%
Forecasted years 2024 - 2030
Segment by Type:
  • Closure Strip
  • Tissue Adhesive
Segment by Application
  • Hospital
  • Clinic
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Medtronic, Medline Industries, Teleflex, BSN Medical, Baxter International, Radi Medical Systems, Abbott Vascular, NeatStitch, Derma Sciences
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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