The global wound closure devices market size was valued at USD 13.23 billion in 2018 and is expected to exhibit a CAGR of 7.1% over the forecast period. The demand for wound closure devices is on a rise owing to the prevalence of chronic wounds, increasing cases of accidents, and the rising number of surgeries. The rise in the incidences of chronic wounds such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers are anticipated to spur the demand for wound closure devices over the forecast period. Furthermore, in the recent past, there has been a rise in the number of surgical procedures across the globe. The rising prevalence of chronic diseases, such as cancer, diabetes, and autoimmune diseases, is one of the key factors leading to an increase in the number of surgeries being performed. The incidence of infectious and non-communicable diseases has increased over the past few decades. These factors are likely to accelerate market growth over the forthcoming years.
Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/wound-closure-devices-market
Wound Closure Devices Market Highlights
- On the basis of product, sutures segment dominates the wound closure devices market owing to the rising number of accidents across the globe.
- On the basis of wound type, the acute wound segment holds the largest market share owing to the rising number of surgeries and burn cases, globally.
- On the basis of end-use, the hospital segment holds the largest market share owing to the rising number of surgeries and increasing cases of road accidents.
- On the basis of geography, the Asia Pacific market is anticipated to witness the fastest growth over the forecast period. The growth of the market is attributable to rising medical tourism in the region.
For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/wound-closure-devices-market/request/rs1
Wound Closure Devices Market Segmentation
Grand View Research has segmented the global wound closure devices marketon the basis of product, wound type, end-use, and region:
Wound Closure Devices Product Outlook (Revenue, USD Million, 2015 – 2026)
- Mechanical wound closure devices
Wound Closure Devices Wound Type Outlook (Revenue, USD Million, 2015 – 2026)
Wound Closure Devices End-use Outlook (Revenue, USD Million, 2015 – 2026)
- Trauma Centers
Wound Closure Devices Regional Outlook (Revenue, USD Million, 2015 – 2026)
- North America
- The U.S.
- Asia Pacific
- Latin America
- South Africa
- Saudi Arabia
List of Key Players in the Wound Closure Devices Market
- Johnson & Johnson Services, Inc.
- B. Braun Melsungen AG
- Integra LifeSciences Corporation
- Smith & Nephew
Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/1040/ibb
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
Country: United States