Wound Closure Devices

Wound Closure Devices Market by Product (Adhesives, Mechanical Wound Closure Devices, Sealants), Wound Type (Acute Wounds, Chronic Wounds), Application, End-User - Global Forecast 2024-2030

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[181 Pages Report] The Wound Closure Devices Market size was estimated at USD 17.97 billion in 2023 and expected to reach USD 19.27 billion in 2024, at a CAGR 7.44% to reach USD 29.71 billion by 2030.

Wound Closure Devices Market
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Wound closure devices are medical devices used to promote the healing of wounds through the physical closure of the skin. These devices are available in various forms, such as sutures, staples, and adhesives, to close wounds by operating on the edges of the wound tissue. The rising prevalence of road accidents & injuries globally and the increase in the incidence of chronic and acute wounds among people play a significant role in the increasing adoption of wound closure devices. In addition, adopting new smart bandages to improve clinical care for people with chronic wounds contributes to market growth. Moreover, increasing preference for minimally invasive surgeries and the high cost of wound closure devices is expected to hinder market growth. Furthermore, the ongoing development of advanced wound care technologies and expansion of burn-care centers in economies with improving healthcare infrastructure is anticipated to impact the adoption of wound closure devices positively.

Wound Closure Devices Market - Global Forecast 2024-2030
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Product: Rising preference for sutures in wound closure devices

Wound closure adhesives are used to close major and minor wounds, and they provide a protective barrier against bacterial contamination and help to reduce scarring. Staples usually consist of two interlocking metal strips held together by an applicator that allows them to be inserted into the tissue with minimal trauma. Sutures involve tying one or more pieces of thread or wire around the edges of the wound to hold the skin on the wound together while it heals. The suture material may vary depending on its intended use, such as absorbable, which dissolves over time, and non-absorbable, which remains intact. Strips used for wound closure are porous surgical tape strips primarily used to close small wounds. These strips are applied across the wound to pull the skin on either side of the wound together. Sealants significantly reduce blood loss and prevent leaks and are used in conjunction with mechanical methods such as sutures and staples.​​ Mechanical wound closure devices are designed to close wounds securely and to ensure tight closure along the edges of the wound.

Application: Increasing usage of wound closure devices in general surgery for faster healing times

Burn injuries require specialized treatments to prevent infection and promote healing. Wound closure devices such as tissue adhesives, sutures, staples, and skin grafts are commonly used in burn cases. Treating diabetic foot ulcers requires careful management to prevent complications such as infections or amputations. Wound closure devices like hydrogels, foams, alginates, and collagen dressings help maintain a moist environment conducive to healing while minimizing scarring risk. In gynecology, wound closure devices are used for abdominal incisions during C-sections, hysterectomies, pelvic reconstructive surgeries, and tubal ligations. Surgeons frequently use synthetic absorbable sutures for gynecologic surgeries as they retain strength and low tissue reactivity. In cardiology, wound closure devices are used primarily for minimally invasive heart surgeries such as coronary artery bypass grafts (CABG). Vascular closure devices are mainly used in cardiac surgeries to immediately seal the small puncture made in an artery after an angiogram. In orthopedic surgery, wound closure devices are used to close incisions in arthroscopic procedures involving bone fractures or joint replacements. Surgeons use sealants and sutures in corneal and conjunctival surgeries, strabismus, cataract, refractive, glaucoma, and retinal surgeries. Surgical sutures, staples, and strips are widely used in general surgery as they provide faster healing times, improved tissue approximation and alignment accuracy, decreased operating time, and reduced risk of infection.

Wound Type: Growing application of wound closure devices for acute wounds to promote healing

Chronic wounds are commonly associated with underlying conditions such as diabetes, peripheral artery disease, and pressure ulcers. The manufacturer offers specialized wound closure devices to address the diverse needs of chronic wounds. For instance, diabetic foot ulcers require unique solutions such as specialized dressings, offloading devices, and wound closure products tailored to facilitate healing in diabetic patients. Pressure ulcers require products that focus on wound management, including dressings, negative pressure wound therapy (NPWT) systems, and other wound closure strategies to promote healing and prevent further tissue damage.

In contrast, acute wounds refer to sudden wounds that result from trauma, surgical procedures, burns, and other acute conditions. The manufacturer and healthcare setting provide specific solutions for acute wounds requiring rapid and effective closure to promote healing and prevent infection. Surgical wounds, including incisions from various procedures, demand a range of wound closure devices such as sutures, staples, adhesive tapes, wound closure strips, and specialized surgical sealants or glues.

End-User: Expanding adoption of wound closure devices in hospitals for surgical procedures

Various wounds, including acute surgical wounds, traumatic injuries, and complex chronic wounds, are handled in hospitals. Within this setting, there is a need for advanced wound closure devices to ensure secure and effective closure of wounds. Burn care centers specializing in the treatment of severe burns require advanced wound closure devices to reduce scarring and promote healing. These centers prefer devices that provide precise control over wound edges, minimize trauma, and resist infection. Hospitals typically require various products, such as sutures, staples, adhesive tapes, and specialized wound closure instruments to accommodate diverse wound types and surgical procedures. Additionally, hospitals utilize advanced technologies such as negative pressure wound therapy systems and wound closure sealants to enhance wound healing outcomes. Clinics cater to various patients, including minor injuries, lacerations, and routine wound care. Clinic settings focus on convenience, ease of use, and cost-effectiveness. Wound closure devices suitable for clinics include simpler closure methods such as adhesive strips, skin glue, and dermal adhesives. These devices provide efficient and less invasive wound closure options, allowing for streamlined workflows and patient comfort during outpatient visits. Home care settings primarily deal with chronic wounds, including diabetic foot, pressure, and venous leg ulcers. The focus in this segment is on simplicity, accessibility, and self-care. Wound closure devices suitable for home care settings may include dressings with self-adhesive properties, easy-to-apply bandages, and specialized offloading devices for diabetic foot ulcers.

Regional Insights

The ongoing development of advanced wound care technologies in the Americas contributes to the growth of the wound closure devices market. Researchers and manufacturers continuously introduce innovative devices that facilitate efficient wound closure and promote faster healing, focusing on improving patient outcomes. In the APAC region, economies with improving healthcare infrastructure are witnessing an expansion of burn-care centers. This expansion is crucial for addressing the rising prevalence of road accidents and injuries, which has become a global concern. As countries in the APAC region continue to invest in their healthcare systems, the demand for effective wound closure devices is expected to rise, providing growth opportunities for market players. Across the EMEA region, the adoption of new smart bandages is revolutionizing clinical care for individuals with chronic wounds. These smart bandages incorporate technologies such as sensors and connectivity, enabling healthcare professionals to monitor wound healing remotely and provide timely updates. With the rising prevalence of chronic wounds, such as diabetic foot and ulcers, the demand for smart bandages is increasing in the EMEA region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wound Closure Devices Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wound Closure Devices Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • MediWound Announces Collaboration with 3M on EscharEx Phase III Study

    MediWound announced a collaboration with 3M Company to provide their two-layer compression systems, Coban 2 and Coban 2 Lite, for use in the debridement and wound healing phases of the EscharEx Phase III study. This partnership ensures consistency across subjects and ensures optimal care throughout the study. This collaboration allows both companies to leverage comprehensive data from the study, promoting awareness of the clinical and economic advantages of their products. [Published On: 2023-10-11]

  • SYNDEO Medical Announces Multi-Year Strategic Distribution Agreement with Clozex Medical, Inc.

    SYNDEO Medical entered into a multi-year global distribution agreement with Clozex Medical, Inc., obtaining the exclusive rights to distribute Clozex Medical's FDA-approved wound closure products in the Middle East and Africa. Through this partnership, SYNDEO Medical aims to expand its procedural solution product portfolio by incorporating wound closure technologies offered by Clozex Medical. [Published On: 2023-07-20]

  • Coloplast A/S to Acquire Wound Care Company Kerecis for USD 1.3 Billion

    Coloplast A/S announced their agreement to acquire Kerecis, a developer of biologics for the wound care market, in a deal worth up to USD 1.3 billion. Coloplast aims to strengthen its presence in the advanced wound care market through this acquisition. [Published On: 2023-07-07]

Key Company Profiles

The report delves into recent significant developments in the Wound Closure Devices Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Abbott Laboratories, Advanced Medical Solutions Group PLC, Arthrex, Inc., Artivion, Inc., B. Braun SE, Bactiguard AB, Baxter International Inc., Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health, Inc., Clozex Medical, Inc., Coloplast A/S, Convatec Group PLC, DermaClip US, LLC, DermaRite Industries, LLC, DeRoyal Industries, Inc., Dolphin Sutures by Futura Surgicare Pvt Ltd, DUKAL Corporation, DuPont de Nemours, Inc., Evonik Industries AG, Gentell, Harro Höfliger Verpackungsmaschinen GmbH, Healiva SA, Inotec AMD Limited, Integra LifeSciences Holdings Corporation, Johnson & Johnson Services, Inc., McKesson Corporation, Medela AG, MediWound, Medline Industries, LP, Medtronic PLC, Mölnlycke Health Care AB, RedDress Medical Ltd., Riverpoint Medical, Sky Medical Technology Ltd., Smith & Nephew PLC, Spectral AI, Inc., Stryker Corporation, SYLKE, and Teleflex Incorporated.

Market Segmentation & Coverage

This research report categorizes the Wound Closure Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Adhesives
      • Acrylics
      • Biological Adhesives
      • Polyurethanes
      • Silicone
    • Mechanical Wound Closure Devices
    • Sealants
      • Collagen Based
      • Non-Synthetic
      • Synthetic
    • Staples
    • Strips
      • Non-Sterile
      • Sterile
    • Sutures
      • Absorbable
      • Non-Absorbable
  • Wound Type
    • Acute Wounds
    • Chronic Wounds
  • Application
    • Burns
    • Cardiology
    • Diabetic Foot Ulcers
    • General Surgery
    • Gynaecology
    • Ophthalmic
    • Orthopedics
  • End-User
    • Burn Care Centers
    • Clinics
    • Home Care Setting
    • Hospital

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • Alaska
        • California
        • Florida
        • Illinois
        • Massachusetts
        • Michigan
        • Montana
        • Nevada
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Wound Closure Devices Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wound Closure Devices Market?
  3. What are the technology trends and regulatory frameworks in the Wound Closure Devices Market?
  4. What is the market share of the leading vendors in the Wound Closure Devices Market?
  5. Which modes and strategic moves are suitable for entering the Wound Closure Devices Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Wound Closure Devices Market, by Product
  7. Wound Closure Devices Market, by Wound Type
  8. Wound Closure Devices Market, by Application
  9. Wound Closure Devices Market, by End-User
  10. Americas Wound Closure Devices Market
  11. Asia-Pacific Wound Closure Devices Market
  12. Europe, Middle East & Africa Wound Closure Devices Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 748]
  17. List of Companies Mentioned [Total: 41]
Frequently Asked Questions
  1. How big is the Wound Closure Devices Market?
    Ans. The Global Wound Closure Devices Market size was estimated at USD 17.97 billion in 2023 and expected to reach USD 19.27 billion in 2024.
  2. What is the Wound Closure Devices Market growth?
    Ans. The Global Wound Closure Devices Market to grow USD 29.71 billion by 2030, at a CAGR of 7.44%
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