What’s the Expected Growth of the Wound Closure Devices Market?
The wound closure devices market size has marked significant growth in recent years, growing from $16.68 billion in 2024 to $17.94 billion in 2025, a compound annual growth rate (CAGR) of 7.5%. The historic period growth can be attributed to factors such as an increase in surgical procedures, growing aging population, prevalence of chronic diseases, rise in traumatic injuries, and a shift towards minimally invasive surgeries.
The market is expected to expand even more in the forthcoming period, reaching $25.09 billion by 2029 with a CAGR of 8.7%. The anticipated growth can be linked to factors such as increased focus on patient safety and infection control, expansion of telemedicine and remote wound care, development of biodegradable wound closure devices, and focus on home healthcare and self-care.
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What’s Driving the Wound Closure Devices Market Growth?
The increase in patients undergoing surgical procedures propels the wound closure devices market forward. Wound closure devices are often employed to treat various types of wounds, including chronic, traumatic, and surgical wounds. According to the report by the International Society of Aesthetic Plastic Surgery, total surgical and non-surgical procedures rose by 3.4% in 2023, reaching 34.9 million. Therefore, the surge of patients undergoing surgeries acts as a substantial driving force for the wound closure devices market.
How is the Wound Closure Devices Market Structured?
The wound closure devices market covered in this report is segmented by:
1) Product Type: Adhesives, Staples, Sutures, Strips, Sealants, Mechanical Wound Closure Devices
2) Wound Type: Chronic, Acute
3) End-Use: Hospital, Clinics, Trauma centers, Other End-Users
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Who are the Major Players in the Wound Closure Devices Market?
Major companies in the wound closure devices market include Abbott Laboratories, Advanced Medical Solutions Group PLC, Arthrex Inc., B Braun Melsungen AG, Baxter International Inc., Boston Scientific Corporation, BSN Medical GmbH, among others.
What are the Latest Trends in the Wound Closure Devices Market?
Technological advancements are a key trend gaining popularity in the market. Companies are focused on developing new innovative solutions that are flexible and competitive. Take for instance DuPont, a US-based chemicals company, launched the DuPont Liveo MG 7-9960 Soft Skin Adhesive in October 2023. This development showcases the shift towards technological-driven solutions in the wound closure devices market.
Which Region is the Largest in the Wound Closure Devices Market?
North America was the largest region in the wound closure devices market in 2024. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
What Does The Wound Closure Devices Market Report 2025 Offer?
Wound closure devices refer to internal consistency, reliability, and mechanical gear that help in wound closure by bringing wound tissue margins closer together. The devices are employed to stop the bleeding, prevent infection, accelerate healing, and preserve the appearance and function of the damaged area. They play a critical role in managing both chronic and acute wounds.
The Wound 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.
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