Wound Closure Devices Market Size, Share & Trends Analysis Report By End Use, By Product (Strips, Adhesives, Staples, Sutures, Sealants), By Wound Type, By Region, And Segment Forecasts, 2019 - 2026

Published: Oct, 2019 | Pages: 140 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global wound closure devices market size is expected to reach USD 22.98 by 2026, expanding at a CAGR of 7.1%, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic injuries, technological advancements, and rising number of road accidents and surgeries are expected to propel market growth.

Rising incidence of road accidents across the globe has led to increase in demand for various wound closure devices. For instance, as per the reports on Road Traffic Injuries by WHO, every year 20 million to 50 million people suffer from some kind of injuries or disabilities resulting from road accidents. Moreover, increasing prevalence of burn and trauma cases globally is anticipated to drive the market. For instance, as per WHO (2018), around 1,000,000 people suffer from severe or moderate burns in India, each year. In addition, as per the National Center for Biotechnology Information (NCBI), in 2017, countries such as Bulgaria, Finland, the Netherlands, and China reported a rise in incidence of burn injuries. Wound closure devices, such as adhesives, staples, and sutures, are required for the treatment of such injuries.

North America held the largest market share in 2018 owing to the presence of key players in the region. Rising awareness among patients regarding the benefits of surgeries in providing quick relief from pains is driving regional growth. Key players operating in the North America market include B. Braun Melsungen AG; 3M; Medtronic; Johnson & Johnson Services, Inc.; and Baxter. The Asia Pacific market is expected to exhibit the fastest growth rate over the forecast period owing to surge of medical tourism.

Some of the products offered by key players are STRATAFIX suture by Johnson & Johnson, TISSEELfibrin sealant by Baxter, Biatain Adhesive and Biatain Ag Adhesive by Coloplast Corp., and APPOSE Single Use Skin Stapler by Medtronic.

Further key findings from the report suggest:

• On the basis of product, sutures held the largest market share in 2018 owing to rising number of surgeries and increasing incidence road accidents, burn cases, and trauma events across the globe

• The hospital segment held the largest market share in 2018 owing to surge in the number of cosmetic and plastic surgeries

• The acute wound segment held the dominant market share in 2018, driven by increasing number of burn cases across the globe

• The Asia Pacific wound closure devices market is anticipated to witness the fastest growth over the forecast period thanks to rising medical tourism in this region and increasing healthcare expenditure

• Prominent players in the market include 3M; Johnson & Johnson Services, Inc.; B. Braun Melsungen AG; Medtronic; Baxter; Integra LifeSciences Corporation; and Smith & Nephew.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation and Scope
                       1.1.1 Estimates and forecast timeline
                   1.2 Research Methodology
                   1.3 Information Procurement
                       1.3.1 Purchased database:
                       1.3.2 GVR's internal database
                       1.3.3 Secondary sources
                       1.3.4 Primary research
                       1.3.5 Details of primary research
                   1.4 Information or Data Analysis
                       1.4.1 Data analysis models
                   1.5 Market Formulation & Validation
                   1.6 List of Secondary Sources
                   1.7 Objectives
                       1.7.1 Objective 1: Understanding market dynamics in the given countries.
                       1.7.2 Objective 2: Understanding market estimates and forecasts
                       1.7.3 Objective 3: Understanding attributes to provide elaborate details on the market structure & strategic undertakings & their impact.
                       1.7.4 Objective 4: Understanding key product, wound type, and end use scopes to conclude on the market size.
Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Segment Outlook
Chapter 3 Wound Closure Devices Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Parent market outlook
                       3.1.2 Ancillary market outlook
                   3.2 Penetration & Growth Prospect Mapping
                   3.3 Market Dynamics
                       3.3.1 Market driver analysis
                           3.3.1.1 Increasing incidence of chronic wound
                           3.3.1.2 Increase in demand for reducing hospital stay
                           3.3.1.3 Rising number of surgeries
                       3.3.2 Market restraint analysis
                           3.3.2.1 Unfavorable reimbursement policies
                           3.3.2.2 Complications associated with the wound closure devices
                       3.3.3 Market challenge analysis
                           3.3.3.1 Rising treatment cost
                   3.4 Wound Closure Devices Market: Analysis Tools
                       3.4.1 Industry analysis - Porter's
                       3.4.2 PESTLE analysis
                       3.4.3 Major deals & strategic alliances analysis
Chapter 4 Wound Closure Devices Market: Segment Analysis, By Product, 2015 - 2026 (USD Million)
                   4.1 Definition and Scope
                   4.2 Product Market Share Analysis, 2018 & 2026
                   4.3 Segment Dashboard
                   4.4 Wound Closure Devices Market, by Product, 2015 to 2026
                   4.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026
                       4.5.1 Adhesives
                           4.5.1.1 Adhesives market, 2015 - 2026 (USD Million)
                       4.5.2 Staples
                           4.5.2.1 Staples market, 2015 - 2026 (USD Million)
                       4.5.3 Sutures
                           4.5.3.1 Sutures market, 2015 - 2026 (USD Million)
                           4.5.3.2 Absorbable sutures
                               4.5.3.2.1 Absorbable sutures market, 2015 - 2026 (USD Million)
                           4.5.3.3 Non-absorbable sutures
                               4.5.3.3.1 Non-absorbable sutures market, 2015 - 2026 (USD Million)
                       4.5.4 Strips
                           4.5.4.1 Strips market, 2015 - 2026 (USD Million)
                           4.5.4.2 Sterile strips
                               4.5.4.2.1 Sterile strips market, 2015 - 2026 (USD Million)
                           4.5.4.3 Non-sterile strips
                               4.5.4.3.1 Non-sterile strips market, 2015 - 2026 (USD Million)
                       4.5.5 Sealants
                           4.5.5.1 Sealants market, 2015 - 2026 (USD Million)
                           4.5.5.2 Synthetic sealants
                               4.5.5.2.1 Synthetic sealants market, 2015 - 2026 (USD Million)
                           4.5.5.3 Non-synthetic sealants
                               4.5.5.3.1 Non-synthetic sealants market, 2015 - 2026 (USD Million)
                           4.5.5.4 Collagen based sealants
                               4.5.5.4.1 Collagen based sealants market, 2015 - 2026 (USD Million)
                       4.5.6 Mechanical wound closure devices
                           4.5.6.1 Mechanical wound closure devices market, 2015 - 2026 (USD Million)
Chapter 5 Wound Closure Devices Market: Segment Analysis, By Wound Type, 2015 - 2026 (USD Million)
                   5.1 Definition and Scope
                   5.2 Wound Type Market Share Analysis, 2018 & 2026
                   5.3 Segment Dashboard
                   5.4 Wound Closure Market, by Wound Type, 2015 to 2026
                   5.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026
                       5.5.1 Chronic wounds
                           5.5.1.1 Chronic wounds market, 2015 - 2026 (USD Million)
                       5.5.2 Acute wounds
                           5.5.2.1 Acute wounds market, 2015 - 2026 (USD Million)
Chapter 6 Wound Closure Devices Market: Segment Analysis, By End Use, 2015 - 2026 (USD Million)
                   6.1 Definition and Scope
                   6.2 Wound Type Market Share Analysis, 2018 & 2026
                   6.3 Segment Dashboard
                   6.4 Wound Closure Market, by End Use, 2015 to 2026
                   6.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026
                       6.5.1 Hospitals
                           6.5.1.1 Hospitals market, 2015 - 2026 (USD Million)
                       6.5.2 Clinics
                           6.5.2.1 Clinics market, 2015 - 2026 (USD Million)
                       6.5.3 Trauma centers
                           6.5.3.1 Trauma centers market, 2015 - 2026 (USD Million)
                       6.5.4 Others
                           6.5.4.1 Others market, 2015 - 2026 (USD Million)
Chapter 7 Wound Closure Devices Market: Regional Market Analysis, By Product, Wound Type, and End Use, 2015 - 2026 (USD Million)
                   7.1 Definition & Scope
                   7.2 Regional Market Share Analysis, 2018 & 2026
                   7.3 Regional Market Dashboard
                   7.4 Regional Market Snapshot
                   7.5 North America
                       7.5.1 North America wound closure devices market, 2015-2026 (USD Million)
                       7.5.2 U.S.
                           7.5.2.1 U.S. wound closure devices market, 2015 - 2026 (USD Million)
                       7.5.3 Canada
                           7.5.3.1 Canada wound closure devices market, 2015 - 2026 (USD Million)
                   7.6 Europe
                       7.6.1 Europe wound closure devices market, by 2015 - 2026 (USD Million)
                       7.6.2 U.K.
                           7.6.2.1 U.K. wound closure devices market, 2015 - 2026 (USD Million)
                       7.6.3 Germany
                           7.6.3.1 Germany wound closure devices market, 2015 - 2026 (USD Million)
                   7.7 Asia Pacific
                       7.7.1 Asia Pacific wound closure devices market, 2015 - 2026 (USD Million)
                       7.7.2 Japan
                           7.7.2.1 Japan wound closure devices market, 2015 - 2026 (USD Million)
                       7.7.3 China
                           7.7.3.1 China wound closure devices market, 2015 - 2026 (USD Million)
                   7.8 Latin America
                       7.8.1 Latin America wound closure devices market,2015 - 2026 (USD Million)
                       7.8.2 Brazil
                           7.8.2.1 Brazil wound closure devices market, 2015 - 2026 (USD Million)
                       7.8.3 Mexico
                           7.8.3.1 Mexico wound closure devices market, 2015 - 2026 (USD Million)
                   7.9 MEA
                       7.9.1 MEA wound closure devices market, 2015 - 2026 (USD Million)
                       7.9.2 South Africa
                           7.9.2.1 South Africa wound closure devices market, 2015 - 2026 (USD Million)
                       7.9.3 Saudi Arabia
                           7.9.3.1 Saudi Arabia wound closure devices market, 2015 - 2026 (USD Million)
Chapter 8 Wound Closure Devices Market - Competitive Analysis
                   8.1 Company Profiles
                       8.1.1 3M
                           8.1.1.1 Company overview
                           8.1.1.2 Financial performance
                           8.1.1.3 Product benchmarking
                           8.1.1.4 Strategic initiatives
                       8.1.2 Johnson & Johnson Services, Inc.
                           8.1.2.1 Company overview
                           8.1.2.2 Financial performance
                           8.1.2.3 Product benchmarking
                           8.1.2.4 Strategic initiatives
                       8.1.3 B. Braun Melsungen AG
                           8.1.3.1 Company overview
                           8.1.3.2 Financial performance
                           8.1.3.3 Product benchmarking
                           8.1.3.4 Strategic initiatives
                       8.1.4 Medtronic
                           8.1.4.1 Company overview
                           8.1.4.2 Financial performance
                           8.1.4.3 Product benchmarking
                           8.1.4.4 Strategic initiatives
                       8.1.5 Baxter
                           8.1.5.1 Company overview
                           8.1.5.2 Financial performance
                           8.1.5.3 Product benchmarking
                           8.1.5.4 Strategic initiatives
                       8.1.6 Integra LifeSciences Corporation
                           8.1.6.1 Company overview
                           8.1.6.2 Financial performance
                           8.1.6.3 Product benchmarking
                           8.1.6.4 Strategic initiatives
                       8.1.7 Smith & Nephew
                           8.1.7.1 Company overview
                           8.1.7.2 Financial performance
                           8.1.7.3 Product benchmarking
                           8.1.7.4 Strategic initiatives

List of Tables

Table 1. Global wound closure devices market, by region, 2015 - 2026 (USD Million)
Table 2. Global wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 3. Global wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 4. Global wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 5. North America wound closure devices market, by country, 2015 - 2026 (USD Million)
Table 6. North America wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 7. North America wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 8. North America wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 9. U.S. wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 10. U.S. wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 11. U.S. wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 12. Canada wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 13. Canada wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 14. Canada wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 15. Europe wound closure devices market, by country, 2015 - 2026 (USD Million)
Table 16. Europe wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 17. Europe wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 18. Europe wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 19. U.K. wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 20. U.K. wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 21. U.K. wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 22. Germany wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 23. Germany wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 24. Germany wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 25. Asia Pacific wound closure devices market, by country, 2015 - 2026 (USD Million)
Table 26. Asia Pacific wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 27. Asia Pacific wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 28. Asia Pacific wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 29. China wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 30. China wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 31. China wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 32. Japan wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 33. Japan wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 34. Japan wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 35. Latin America wound closure devices market, by country, 2015 - 2026 (USD Million)
Table 36. Latin America wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 37. Latin America wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 38. Latin America wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 39. Brazil wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 40. Brazil wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 41. Brazil wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 42. Mexico wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 43. Mexico wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 44. Mexico wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 45. Middle East & Africa wound closure devices market, by country, 2015 - 2026 (USD Million)
Table 46. Middle East & Africa wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 47. Middle East & Africa wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 48. Middle East & Africa wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 49. South Africa wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 50. South Africa wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 51. South Africa wound closure devices market, by end use, 2015 - 2026 (USD Million)
Table 52. Saudi Arabia wound closure devices market, by product, 2015 - 2026 (USD Million)
Table 53. Saudi Arabia wound closure devices market, by wound type, 2015 - 2026 (USD Million)
Table 54. Saudi Arabia wound closure devices market, by end use, 2015 - 2026 (USD Million)

List of Figures

Fig. 1 Wound closure devices market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Market outlook (2018)
Fig. 10 Segment outlook
Fig. 11 Strategy framework
Fig. 12 Wound closure devices market lineage
Fig. 13 Penetration & growth prospect mapping
Fig. 14 Porter's five forces analysis
Fig. 15 PESTLE analysis
Fig. 16 Wound closure devices market: product movement analysis
Fig. 17 Segment dashboard
Fig. 18 Wound closure devices market product outlook: Key takeaways
Fig. 19 Adhesives market, 2015 - 2026 (USD Million)
Fig. 20 Staples market, 2015 - 2026 (USD Million)
Fig. 21 Sutures market, 2015 - 2026 (USD Million)
Fig. 22 Absorbable sutures market, 2015 - 2026 (USD Million)
Fig. 23 Non-absorbable sutures market, 2015 - 2026 (USD Million)
Fig. 24 Strips market, 2015 - 2026 (USD Million)
Fig. 25 Sterile strips market, 2015 - 2026 (USD Million)
Fig. 26 Non-sterile strips market, 2015 - 2026 (USD Million)
Fig. 27 Sealants market, 2015 - 2026 (USD Million)
Fig. 28 Synthetics sealants market, 2015 - 2026 (USD Million)
Fig. 29 Non-synthetic sealants market, 2015 - 2026 (USD Million)
Fig. 30 Collagen based sealants market, 2015 - 2026 (USD Million)
Fig. 31 Mechanical wound closure devices market, 2015 - 2026 (USD Million)
Fig. 32 Wound closure devices market: wound type movement analysis
Fig. 33 Segment dashboard
Fig. 34 Wound closure devices market wound type outlook: Key takeaways
Fig. 35 Chronic wounds market, 2015 - 2026 (USD Million)
Fig. 36 Acute wounds market, 2015 - 2026 (USD Million)
Fig. 37 Wound closure devices market: end use movement analysis
Fig. 38 Segment dashboard
Fig. 39 Wound closure devices market end use outlook: Key takeaways
Fig. 40 Hospitals market, 2015 - 2026 (USD Million)
Fig. 41 Clinics market, 2015 - 2026 (USD Million)
Fig. 42 Trauma centers market, 2015 - 2026 (USD Million)
Fig. 43 Others market, 2015 - 2026 (USD Million)
Fig. 44 Regional outlook, 2018 & 2026
Fig. 45 Regional market dashboard
Fig. 46 North America wound closure devices market, 2015 - 2026 (USD Million)
Fig. 47 U.S. wound closure devices market, 2015 - 2026 (USD Million)
Fig. 48 Canada wound closure devices market, 2015 - 2026 (USD Million)
Fig. 49 Europe wound closure devices market, 2015 - 2026 (USD Million)
Fig. 50 U.K. wound closure devices market, 2015 - 2026 (USD Million)
Fig. 51 Germany wound closure devices market, 2015 - 2026 (USD Million)
Fig. 52 Asia Pacific wound closure devices market, 2015 - 2026 (USD Million)
Fig. 53 Japan wound closure devices market, 2015 - 2026 (USD Million)
Fig. 54 China wound closure devices market, 2015 - 2026 (USD Million)
Fig. 55 Latin America wound closure devices market, 2015 - 2026 (USD Million)
Fig. 56 Brazil wound closure devices market, 2015 - 2026 (USD Million)
Fig. 57 Mexico wound closure devices market, 2015 - 2026 (USD Million)
Fig. 58 MEA wound closure devices market, 2015 - 2026 (USD Million)
Fig. 59 South Africa wound closure devices market, 2015 - 2026 (USD Million)
Fig. 60 Saudi Arabia wound closure devices market, 2015 - 2026 (USD Million)