How big is the laceration closure devices market today, and what are its future growth expectations?
The laceration closure devices market size has grown strongly in recent years. It will grow from $9.64 billion in 2024 to $10.39 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rising disability rates, an increasing incidence of infectious and non-communicable diseases, an increasing number of surgical procedures, an increase in accidents and sports-related injuries, and a growth in healthcare expenditure.
The laceration closure devices market size is expected to see strong growth in the next few years. It will grow to $13.84 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to the increasing use of technology in cosmetic or plastic operations, the increase in the number of surgical procedures, the rising incidence of infectious and non-communicable diseases, the demand for skin closure devices, and the and the rising incidence of chronic wounds. Major trends in the forecast period include the expansion of healthcare infrastructure, technology in cosmetic or plastic operations, technological advancements in laceration closure devices, and strategic mergers and acquisitions.
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How has the laceration closure devices market evolved, and what factors have shaped its growth?
An increase in the number of surgical procedures is expected to propel the growth of the laceration closure device market going forward. Surgical procedures are medical operations that involve invasive techniques to diagnose, treat, or manage injuries, diseases, or conditions. The number of surgical procedures is rising due to aging populations, advances in medical technology, and increasing demand for elective surgeries. Laceration closure devices are beneficial in surgical procedures for their efficiency in closing wounds, reducing procedure time, minimizing tissue trauma, and promoting faster healing compared to traditional sutures. For instance, in September 2023, according to the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based professional body for aesthetic plastic surgeons, breast augmentation is projected to retain its status as the most prevalent surgical procedure among women, with 2.2 million procedures performed in 2022, marking a 29% rise from 2021. Therefore, an increase in the number of surgical procedures is driving the growth of the laceration closure device market.
What are the major segments of the laceration closure devices market?
The laceration closure devices market covered in this report is segmented –
1) By Product: Staples, Hemostats, Adhesives, Sutures, Strips, Sealants, Wound Strips, Mechanical Wound Closure Devices
2) By Wound Type: Acute, Chronic, Burns, Ulcers, Surgical Wounds
3) By End-User: Hospitals, Ambulatory Surgery Centers, Other End-Users
Subsegments:
1) By Staples: Stainless Steel Staples, Titanium Staples
2) By Hemostats: Absorbable Hemostats, Non-Absorbable Hemostats
3) By Adhesives: Tissue Adhesives, Surgical Adhesives
4) By Sutures: Absorbable Sutures, Non-Absorbable Sutures
5) By Strips: Steri-Strips, Wound Closure Strips
6) By Sealants: Biological Sealants, Synthetic Sealants
7) By Wound Strips: Paper Wound Strips, Fabric Wound Strips
8) By Mechanical Wound Closure Devices: Skin Closures, Wound Closure Clips
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Which companies dominate the laceration closure devices market?
Major companies operating in the laceration closure devices market are Cardinal Health Inc., Johnson & Johnson, 3M Company, Medtronic plc, Becton Dickinson and Company (BD), Stryker Corporation, Baxter International Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Terumo Corporation, Dentsply Sirona Inc., Teleflex Incorporated, Arthrex Inc., Coloplast Group, ConvaTec Group PLC, Integra LifeSciences Corporation, Merit Medical Systems Inc., CryoLife Inc., Mölnlycke Health Care AB, Aspen Surgical Products, Wound Care Technologies Inc., BSN medical GmbH
How will evolving trends contribute to the growth of the laceration closure devices market?
Major companies operating in the laceration closure devices market are focusing on developing innovative solutions, such as next-generation microsurgical sutures to enhance precision, reduce healing time, and improve patient outcomes. Next-generation microsurgical sutures refer to advanced, ultra-fine sutures designed for precise, minimally invasive surgical procedures, offering improved biocompatibility, strength, and reduced tissue trauma for better healing and faster recovery. For instance, in October 2024, Corza Medical GmbH, a US-based manufacturing company, launched Onatec Ophthalmic Microsurgical Sutures at American Academy of Ophthalmology Conference. Onatec ophthalmic microsurgical sutures are crafted from highly tempered stainless steel for durability and precision, designed to enhance tissue penetration and reduce trauma during eye surgeries. The advanced manufacturing process ensures optimal geometries for stitching in delicate and small spaces.
What are the key regional dynamics of the laceration closure devices market, and which region leads in market share?
North America was the largest region in the laceration closure devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laceration closure devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Laceration Closure Devices Market Report 2025 Offer?
The laceration closure devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Laceration closure devices are medical tools used to close and heal wounds, typically including skin glues and adhesive strips. They provide an efficient method for approximating wound edges to promote faster healing and reduce scarring. These devices are commonly used in emergency settings and surgical procedures.
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