Global wound closure market is set to witness substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising medical tourism and technological advancement in healthcare sector is the factor driving the growth of this market.
The report describes the systematic investigation of current scenario of the market, with the coverage of several market dynamics. This wound closure report provides you with the valuable market reports and industry insights so that you don’t miss anything by any means. The report carries out market segmentation is in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. The report has been generated with the knowledge of skilful and innovative team.
While deciding the strategies regarding production as well as marketing, market drivers and market restraints are very helpful to the businesses. This global wound closure market report also provides predictions about the practical arrangement of suspicions and techniques. While framing this market report, methodical gathering and analysis of information about individuals or organisations has been conducted through social and opinion research. Besides, the individuality of respondents is kept secretly without doing any promotional approach to them while analysing the data wound closure report. This market report assist in building a strong organization and make better decisions for driving a business on the right track.
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Key Market Competitors:
Few of the major competitors currently working in the global wound closure market are BSN medical., Baxter., Teleflex Incorporated., Abbott, Integra LifeSciences Corporation, Medical Devices Business Services, Inc., B. Braun Melsungen AG, McKesson Medical-Surgical Inc, 3M, Aesculap, Inc., CLOZEX MEDICAL, INC., ZipLine Medical, Dolphin Sutures, Advanced Medical Solutions Group plc, Medtronic, DeRoyal Industries, Inc., Smith & Nephew, priMED Medical Products, Inc., Aspen Surgical., Riverpoint Medical among others.
Competitive Analysis:
Global wound closure market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wound closure market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
Rising aging population will drive the market growth
Increasing cases of road accidents will also enhance the growth of this market
Growing incidences of chronic diseases will also contribute as a factor for the growth of this market
Increasing demand for advanced wound closure devices acts as a driver for this market growth
Market Restraints
High cost of the wound closure products will restrict the market growth
Availability of alternatives in the market will also hamper the growth of this market
Need of complex technical for utilization of wound closure products; this factor will also restricts the market growth
Segmentation: Global Wound Closure Market
By Product
Advanced Wound Management Products
Advanced Wound Dressings
Foam Dressings
Hydrocolloid Dressings
Film Dressings
Alginate Dressings
Hydrogel Dressings
Collagen Dressings
Advanced Dressings
Therapy Devices
Pressure Relief Devices
Negative Pressure Wound Therapy
Conventional NPWT
Disposable NPWT
Oxygen and Hyperbaric Oxygen Equipment
Electrical Stimulation Devices
Other Therapy Devices
Active Wound Care
Artificial Skin and Skin Substitutes
Topical Agents
Surgical Wound Care
Sutures and Staples
Tissue Adhesives, Sealants, & Glues
Fibrin-Based Sealants
Collagen-Based Sealants
Synthetic Adhesives/Glues
Anti-infective Dressings
Traditional/Basic Wound Care
Medical tapes
Dressings
Cleansing Agents
By Wound Type
Chronic Wound
Diabetic foot ulcers (DFU)
Pressure ulcer
Venous leg ulcer
Other chronic wounds
Acute Wound
Surgical & traumatic wounds
Burns
By End-User
Hospitals and Specialty Wound Clinics
Inpatient settings
Outpatient settings
Long- Term Care Facilities
Home Healthcare
By Type
Adhesives
Staples
Sutures
Mechanical Wound Closure Devices
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
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Key Developments in the Market:
In March 2019, BandGrip Inc announced the launch of their new wound closure tech which is specially designed so they can help the surgeons to provide nn- invasive, faster and easier way they can safely close wounds. They have the ability to decrease infection, needlestick injuries and scarring
In March 2017, Ethicon and DePuy Synthes announced the launch of their new wound closure kits which is specially designed for the orthopedic surgery. This new consists of Dermabond Prineo skin closure system and Ethicon’s Stratafix knotless tissue control devices so they can provide functionality during orthopedic procedures. This is specially designed so they can help the surgeons so they can choose which sutures in each layer of closure and will help the physicians to provide better efficiencies
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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