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Wound Closure Devices Global Market Report 2025: Soaring to $25.09 billion, Led by Technological Advancements and Increased Surgical Procedures
Wound Closure Devices Global Market
Riding on the upswing of increased surgical procedures and tech-driven innovations, the global wound closure devices market is anticipated to reach new heights by 2025.
What Is The Projected Market Size Of The Wound Closure Devices Global Market Report 2025 And Its Growth Rate?
• The market steadily rose from $16.68 billion in 2024 to $17.94 billion in 2025, recording a CAGR of 7.5%.
• Factors influencing this growth included increased surgical procedures, an aging population, rise in chronic disease, and the shift to minimally invasive surgeries.
• The market is predicted to escalate even further, reaching $25.09 billion by 2029 with a CAGR of 8.7%
• Drivers of this projected growth include patient safety and infection control, remote wound care through telemedicine, home healthcare, and the rise in outpatient procedures.
What Is Driving The Growth In The Wound Closure Devices Global Market Report 2025?
An uptick in the number of patients undergoing surgeries is significantly influencing the wound closure devices market growth. This includes procedures for chronic, traumatic, and surgical wounds, skin grafts, and flaps. In 2024, the International Society of Aesthetic Plastic Surgery reported a 3.4% rise in total surgical and non-surgical procedures, which totaled 34.9 million. Notably, face and head surgeries saw a significant surge, totaling over 6.5 million, marking a 19.6% increase from the previous year. These figures highlight surgery's pivotal role in driving the growth of the wound closure devices market.
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Who Are The Key Players Driving Wound Closure Devices Global Market Report 2025 Growth?
• Abbott Laboratories
• Advanced Medical Solutions Group PLC
• Arthrex Inc.
• B Braun Melsungen AG
• Baxter International Inc.
• Boston Scientific Corporation
• BSN Medical GmbH
• Chemence Medical Inc.
• Coloplast A/S
• ConvaTec Group PLC
• CryoLife Inc.
• Dach Medical Group Holding AG
• DeRoyal Industries Inc.
• Futura Surgicare Private Limited
• Healthium Medtech Private Limited
• Integra LifeSciences Corporation
• IVT Medical Limited
• Johnson & Johnson Services Inc.
• Meril Life Sciences Private Limited
• 3M Company
• Adhezion Biomedical LLC
• Becton, Dickinson and Company
• Medtronic Inc.
• Halyard Health Inc.
• McKesson Corp.
• Medline Industries LP
• Molnlycke Health Care Ltd.
• Myco Medical Supplies Inc.
• Nexus Medical Ltd.
• Smith & Nephew PLC
• Smiths Group PLC
• Stryker Corp.
• Teleflex Inc.
• Wound Care Technologies Inc.
• Zipline Medical Inc.
What Are The Key Trends In The Wound Closure Devices Global Market Report 2025?
• Rise in minimally invasive wound closure techniques
• The focus on accelerated wound healing
• Growing demand for hemostats and sealants
• Shift toward disposable wound closure devices
• Regulatory initiatives for patient safety
What Are The Segments Of The Wound Closure Devices Global Market Report 2025?
• 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
Which Region Leads The Wound Closure Devices Global Market Report 2025?
In 2024, North America emerged as the dominant region in the wound closure devices market. Other areas contributing to the market size include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Wound Closure Devices Global Market Report 2025?
- Market Size Analysis: Analyze the Wound Closure Devices Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wound Closure Devices Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wound Closure Devices Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wound Closure Devices Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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