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Wound Closure Devices Market By Product Type, By Wound Type, By Application, By End User, Opportunity Analysis and Industry Forecast, 2023-2032 | Abbott Laboratories, Arthrex Inc., B Braun Melsungen AG, Baxter International Inc., Boston Scientific Corpora
Wound Closure Devices Market
The Business Research Company's Wound Closure Devices Global Market Report 2023 identifies The increase in number of patients undergoing surgeries is expected to propel the growth of the wound closure devices market going forward. Surgery refers to a medical specialty that employs operative manual and instrumental procedures on a person to evaluate or treat a pathological condition, such as a sickness or injury, to enhance body function and attractiveness, or to mend undesirable ruptured regions.
The global wound closure devices market size 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%.
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Major competitors 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.
Technological advancements are a key trend gaining popularity in the wound closure devices market. 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.
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The Wound Closure Devices Market Is Segmented -
• By Product Type: Adhesives, Staples, Sutures, Strips, Sealants, Mechanical Wound Closure Devices
• By Wound Type: Chronic, Acute
• By End-Use: Hospital, Clinics, Trauma centers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wound Closure Devices market.
The Business Research Company's "Global Wound Closure Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wound Closure Devices Market Include:
1. Executive Summary
2. Wound Closure Devices Market Characteristics
3. Wound Closure Devices Market Trends And Strategies
4. Wound Closure Devices Market - Macro Economic Scenario
5. Wound Closure Devices Market Size And Growth
.....
26. Africa Wound Closure Devices Market
27. Wound Closure Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wound Closure Devices Market
29. Wound Closure Devices Market Future Outlook and Potential Analysis
30. Appendix
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