Press release
Wound Closure Market Key Players | Acelity L.P, Smith & Nephew, B. Braun Melsungen AG, ConvaTec Group
The global Wound Closure market was valued at $1.4 Billion in 2020 and is expected to reach $2.3 Billion by 2028 growing at a CAGR of 7.1% over the forecast period 2021-2028.The primary function in the wound treatment is characterized by wound closure procedure. According to the data published by World Health Organization (WHO) in wound management guidelines, the factors that affects the wound healing and infection are age of patient, nature of wound, and the local factors such as hemostasis and timing of wound closure. Surgical wounds can be left to heal by themselves (secondary intention healing) or they can be closed surgically.
Some of the key players profiled in this report are Acelity L.P.Inc., Smith & Nephew plc, Johnson & Johnson, B. Braun Melsungen AG, ConvaTec Group plc, Baxter International Inc., Integra LifeSciences Corporation, Medtronic plc, Molnlycke Health Care AB, and Cardinal Health, Inc.
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KEY BENEFITS
• The in-depth analysis provides market intelligence with respect to segments based on types, applications and geographies to enable precise decision making
• The detailed analysis of the impact of top factors impacting the growth of the market for the short and medium term
• Value chain analysis provides key inputs on the role of all stakeholders of the market
• Porter’s five force analysis provides the potency of suppliers & buyers, threat of new entrants & substitutes along with competitive scenario of the market
• SWOT analysis and recent developments of key players are included in the report so that companies can understand the strategies adopted by competitors and make required changes to their plans
• Estimations are calculated according to the current market scenario and projected future trends for the analysis period of 2021-2028
• The report discusses the trends and opportunities in various geographies so that companies can make region specific plans to gain competitive advantage
KEY MARKETS SEGMENTS
By Product:
Wound Dressings
Foam Dressings
Hydrocolloid Dressings
Film Dressings
Alginate Dressings
Hydrogel Dressings
Collagen Dressings
Other Dressings
Surgical
Sutures
Absorbable Sutures
Non-absorbable Sutures
Staples
Tissue adhesive, sealant & Glues
Hemostats
Traditional/Basic Wound Closure Products
By Application:
Ulcers
Diabetic Ulcers
Venous Leg Ulcers
Pressure Ulcers
Acute & Sub-acute Ulcers
Arterial Ulcers
Surgical Wounds
General Surgery Wounds
Oncology Surgery Wounds
Urology Surgery Wounds
Cardiovascular Surgery Wounds
Obstetrics & Gynecology Surgery Wounds
Neuro & Spine Surgery Wounds
ENT Surgery Wounds
Orthopedic Surgery Wounds
Plastic, cosmetics & reconstruction Surgery Wounds
Burn Injuries
Other Applications
By End User:
Hospitals
Inpatient Settings
Outpatient Settings
Long-term care settings
Home Care Settings
Other end users
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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