Market Definition: Global Wound Closure Devices Market
Wound closure devices are the medical devices which help in closing injured edges of a wound together for fast healing and recovery. This enables in the prevention of blood loss, minimizes tissue trauma and reduce the risk of infection with the help of devices such as surgical staples, sutures, hemostats, adhesive and mechanical wound closure devices.They are used for post-surgical incisions, burn cases, ulcers, injuries and other types of acute and chronic wounds.
Market Analysis: Global Wound Closure Devices Market
The Global Wound Closure Devices Market accounted to USD 14.58 billion in 2016 growing at a CAGR of 6.7% during the forecast period of 2017 to 2024, the base year of calculation is 2017 and the forecast period is 2017 to 2024.
Major key Market Competitors :
Some of the major players of the wound closure devices market are
- BSN medical,
- Teleflex Incorporated,
Radi Medical Systems Inc., Abbott, Smith and Nephew, 3M, Integra LifeSciences Corporation, NeatStitch Ltd., Coloplast, Derma Sciences Inc., Kinetic Concepts, ConvaTech Inc., and Ethicon LLC among others.
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Competitive Analysis: Global Wound Closure Devices Market
The global wound closure devices 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 wound closure devices market shares for global, Europe, North America, Asia Pacific, and South America.
Market Segmentation: Global Wound Closure Devices Market
On the basis of types, global wound closure devices market is segmented into adhesives, staples, sutures, and mechanical wound closure devices. Sutures are sub segmented into absorbable, non- absorbable, braided and monofilament.
On the basis of application, global wound closure devices market is segmented into burns, ulcers, surgical wounds, pressure ulcers, diabetic ulcers and arterial ulcers.
On the basis of end user, global wound closure devices market is segmented into hospitals, homecare and ambulatory surgical centers (ASCs).
On the basis of geography, global wound closure devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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By employing definite steps to collect, record, and analyse market data, this Wound Closure Devices Market research report has been prepared. In addition to detailing about competitive landscape of the key players, this report also offers complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology. This market report helps uncover the general market conditions and tendencies. Wound Closure Devices Market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.
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Major Market Drivers and Restraints:
- Increase incidence of chronic wound
- Attempts in reducing hospital stays in order to reduce the surgical expenditure
- Risk associated with infectious wound
Research Methodology: Global Wound Closure Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.