Press release
United States Wound Closure Products Market 2025-2033 | Size, Trends & Industry Forecast
DataM Intelligence has published a new research report on "Wound Closure Products Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.According to the IDF, over 537 million adults have diabetes globally, expected to reach 783 million by 2045, with 15-25% at risk of costly diabetic foot ulcers.
Surgical site infections cause 20% of global healthcare-associated infections, leading to longer hospital stays and slowing adoption of new closure technologies, especially in resource-limited settings.
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Top Key Players:
Solventum, Johnson & Johnson (Ethicon), Baxter International, B. Braun SE, Smith+Nephew, Stryker Corporation, Medtronic, Coloplast, Fibroheal, and Convatec among others.
Industry Development:
In October 2024, Royal Wound-X, part of Royal Biologics, launched two advanced wound care technologies: Peak Powder Collagen Matrix and ElectroFiber 3D. These solutions blend natural healing with cutting-edge science to accelerate and improve patient recovery. Peak Powder Collagen Matrix, a next-generation collagen-based product, is designed to promote healing in both surgical and non-surgical wounds.
Growth Forecast Projected:
The Global Wound Closure Products Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Wound Closure Products Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
Sutures are projected to hold a 32.39% share of the wound closure products market.
In October 2024, Corza Medical launched its Onatec ophthalmic microsurgical sutures at the American Academy of Ophthalmology conference in Chicago. The new sutures highlight the company's focus on innovation and growth in the ophthalmic surgery market. CEO Tom Testa stated that Onatec allows Corza Medical to provide customized, high-quality solutions to meet global market demands.
By Product Type: (Sutures (Absorbable, Non-absorbable), Staples, Adhesives, Strips, Clips, Sealants, Others)
By Application: (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery, Others)
By End User: (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs), Others)
Regional Analysis for Market:
In October 2024, Mölnlycke Health Care partnered with Transdiagen to advance wound care research, focusing on developing innovative wound closure devices.
Additionally, in July 2024, AVITA Medical, Inc. collaborated with Regenity Biosciences to strengthen its wound care portfolio and expand distribution of Regenity's bioresorbable technology.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Wound Closure Products producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Wound Closure Products revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q1: What is the current size of the Wound Closure Products Market?
A: The Wound Closure Products Market stood at US$ 25.49 billion in 2024 and is set to experience remarkable growth, reaching US$ 41.76 billion by 2033
Q2: How fast is the Wound Closure Products Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 5.5% from 2025 to 2032
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