Wound Closure Devices Market: Information by Device (Adhesives, Staples, and Others), Application (Burns and Others), Types of Wound (Acute Wound and Others), End-User (Hospitals, Community Healthcare Services, and Others)- Forecast Till 2027
ID: MRFR/MED/1469-HCR | August 2022 | Region: Global | 85 Pages
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Wound Closure Device Closure Device Market, by Device
6.1 Introduction
6.2 Adhesives
6.2.1 Fibrin Tissue Adhesives
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.2 Cyanoacrylates
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.3 Staples
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4 Sutures
6.4.1 Absorbable
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4.2 Non- absorbable
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4.3 Braided
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4.4 Monofilament
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.5 Mechanical Devices
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 7. Global Wound Closure Device Closure Device Market, by Application
7.1 Introduction
7.2 Burns
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Ulcer
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Surgical Wounds
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.4 Pressure Ulcers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.5 Diabetic Ulcers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.6 Arterial Ulcers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 8. Global Wound Closure Device Closure Device Market, by Type of Wound
8.1 Introduction
8.2 Acute Wound
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.3 Chronic Wound
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 9. Global Wound Closure Device Closure Device Market, by End-User
9.1 Introduction
9.2 Hospitals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.3 Community Healthcare Service Providers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.4 Ambulatory Surgical Centers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
9.5 Home Care
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 10. Global Wound Closure Device Closure Device Market, by Region
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 US
10.2.1.2 Canada
10.2.2 South America
10.3 Europe
10.3.1 Western Europe
10.3.1.1 Germany
10.3.1.2 France
10.3.1.3 Italy
10.3.1.4 Spain
10.3.1.5 UK
10.3.1.6 Rest of Western Europe
10.3.2 Eastern Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 South Korea
10.4.6 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Middle East
10.5.2 Africa
Chapter 11. Company Landscape
11.1 Introduction
11.2 Market Share Analysis
11.3 Key Development & Strategies
Chapter 12. Company Profiles
12.1 3M
12.1.1 Company Overview
12.1.2 Product Overview
12.1.3 Financials Overview
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.2 B. Braun
12.2.1 Company Overview
12.2.2 Product Overview
12.2.3 Financial Overview
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.3 Ethicon Inc.
12.3.1 Company Overview
12.3.2 Product Overview
12.3.3 Financial Overview
12.3.4 Key Development
12.3.5 SWOT Analysis
12.4 Medtronic, PLC.
12.4.1 Company Overview
12.4.2 Technology/Business Segment Overview
12.4.3 Financial Overview
12.4.4 Key Development
12.4.5 SWOT Analysis
12.5 Smith & Nephew
12.5.1 Company Overview
12.5.2 Product Overview
12.5.3 Financial overview
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.6 Baxter International
12.6.1 Company Overview
12.6.2 Product Overview
12.6.3 Financial Overview
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.7 BSN medical Inc
12.7.1 Overview
12.7.2 Product Overview
12.7.3 Financial Overview
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.8 Derma Sciences
12.8.1 Overview
12.8.2 Product/ Technology Overview
12.8.3 Financials
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.9 Kinetic Concepts
12.9.1 Overview
12.9.2 Product Overview
12.9.3 Financials
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.10 ConvaTec
12.10.1 Overview
12.10.2 Product Overview
12.10.3 Financials
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.11 DACH Medical Group
12.11.1 Overview
12.11.2 Product Overview
12.11.3 Financials
12.11.4 Key Developments
12.11.5 SWOT Analysis
12.12 Arthrex GmbH
12.12.1 Overview
12.12.2 Product Overview
12.12.3 Financials
12.12.4 Key Developments
12.12.5 SWOT Analysis
12.13 Gecko Biomedical
12.13.1 Overview
12.13.2 Product Overview
12.13.3 Financials
12.13.4 Key Developments
12.13.5 SWOT Analysis
12.14 Integra LifeScience
12.14.1 Overview
12.14.2 Product Overview
12.14.3 Financials
12.14.4 Key Developments
12.14.5 SWOT Analysis
12.15 CP Medical
12.15.1 Overview
12.15.2 Product Overview
12.15.3 Financials
12.15.4 Key Developments
12.15.5 SWOT Analysis
Chapter 13 MRFR Conclusion
13.1 Key Findings
13.1.1 From CEO’s Viewpoint
13.1.2 Unmet Needs of the Market
13.2 Key Companies to Watch
13.3 Predictions for the Wound Closure Device Industry
Chapter 14. Appendix
LIST OF TABLES
Table 1 Global Wound Closure Device Market Synopsis, 2020-2027
Table 2 Global Wound Closure Device Market Estimates and Forecast, 2020-2027 (USD Million)
Table 3 Global Wound Closure Device Market, by Region, 2020-2027 (USD Million)
Table 4 Global Wound Closure Device Market, by Device, 2020-2027 (USD Million)
Table 5 Global Wound Closure Device Market, by Application, 2020-2027 (USD Million)
Table 6 Global Wound Closure Device Market, by Wound, 2020-2027 (USD Million)
Table 7 Global Wound Closure Device Market, by End-User, 2020-2027 (USD Million)
Table 8 North America: Wound Closure Device Market, by Device, 2020-2027 (USD
Million)
Table 9 North America: Wound Closure Device Market, by Application, 2020-2027 (USD
Million)
Table 10 North America: Wound Closure Device Market, by Wound, 2020-2027 (USD
Million)
Table 11 North America: Wound Closure Device Market, by End-User, 2020-2027 (USD Million)
Table 12 US: Wound Closure Device Market, by Device, 2020-2027 (USD Million)
Table 13 US: Wound Closure Device Market, by Application, 2020-2027 (USD Million)
Table 14 US: Wound Closure Device Market, by Wound, 2020-2027 (USD Million)
Table 15 US: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 16 Canada: Wound Closure Device Market, by Device, 2020-2027 (USD Million)
Table 17 Canada: Wound Closure Device Market, by Application, 2020-2027 (USD Million)
Table 18 Canada: Wound Closure Device Market, by Wound, 2020-2027 (USD
Million)
Table 19 Canada: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 20 South America: Wound Closure Device Market, by Device, 2020-2027 (USD
Million)
Table 21 South America: Wound Closure Device Market, by Application, 2020-2027 (USD
Million)
Table 22 South America: Wound Closure Device Market, by Wound, 2020-2027 (USD
Million)
Table 23 South America: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 24 Europe: Wound Closure Device Market, by Device, 2020-2027 (USD Million)
Table 25 Europe: Wound Closure Device Market, by Application, 2020-2027 (USD Million)
Table 26 Europe: Wound Closure Device Market, by Wound, 2020-2027 (USD Million)
Table 27 Europe: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 28 Western Europe: Wound Closure Device Market, by Device, 2020-2027 (USD
Million)
Table 29 Western Europe: Wound Closure Device Market, by Application, 2020-2027 (USD
Million)
Table 30 Western Europe: Wound Closure Device Market, by Wound, 2020-2027
(USD Million)
Table 31 Western Europe: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 32 Eastern Europe: Wound Closure Device Market, by Device, 2020-2027 (USD
Million)
Table 33 Eastern Europe: Wound Closure Device Market, by Application, 2020-2027 (USD
Million)
Table 34 Eastern Europe: Wound Closure Device Market, by Wound, 2020-2027
(USD Million)
Table 35 Eastern Europe: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 36 Asia-Pacific: Wound Closure Device Market, by Device, 2020-2027 (USD
Million)
Table 37 Asia-Pacific: Wound Closure Device Market, by Application, 2020-2027 (USD
Million)
Table 38 Asia-Pacific: Wound Closure Device Market, by Wound, 2020-2027 (USD
Million)
Table 39 Asia-Pacific: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
Table 40 Middle East & Africa: Wound Closure Device Market, by Device, 2020-2027
(USD Million)
Table 41 Middle East & Africa: Wound Closure Device Market, by Application, 2020-2027
(USD Million)
Table 42 Middle East & Africa: Wound Closure Device Market, by Wound, 2020-2027
(USD Million)
Table 43 Middle East & Africa: Wound Closure Device Market, by End-User, 2020-2027 (USD
Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Wound Closure Device Market
Figure 3 Segmentation Market Dynamics for Global Wound Closure Device Market
Figure 4 Global Wound Closure Device Market Share, by Device, 2020
Figure 5 Global Wound Closure Device Market Share, by Application, 2020
Figure 6 Global Wound Closure Device Market Share, by Wound, 2020
Figure 7 Global Wound Closure Device Market Share, by End-User, 2020
Figure 8 Global Wound Closure Device Market Share, by Region, 2020
Figure 9 North America: Wound Closure Device Market Share, by Country, 2020
Figure 10 Europe: Wound Closure Device Market Share, by Country, 2020
Figure 11 Asia-Pacific: Wound Closure Device Market Share, by Country, 2020
Figure 12 Middle East & Africa: Wound Closure Device Market Share, by Country, 2020
Figure 13 Global Wound Closure Device Closure Device Market: Company Share Analysis, 2020 (%)
Figure 14 3M: Key Financials
Figure 15 3M: Segmental Revenue
Figure 16 3M: Geographical Revenue
Figure 17 Abbott laboratories.: Key Financials
Figure 18 Abbott laboratories.: Segmental Revenue
Figure 19 Abbott laboratories.: Geographical Revenue
Figure 20 B. Braun Melsungen AG: Key Financials
Figure 21 B. Braun Melsungen AG: Segmental Revenue
Figure 22 B. Braun Melsungen AG: Geographical Revenue
Figure 23 Ethicon Inc: Key Financials
Figure 24 Ethicon Inc: Segmental Revenue
Figure 25 Ethicon Inc: Geographical Revenue
Figure 26 Medtronic, PLC.: Key Financials
Figure 27 Medtronic, PLC.: Segmental Revenue
Figure 28 Medtronic, PLC.: Geographical Revenue
Figure 29 Smith & Nephew: Key Financials
Figure 30 Smith & Nephew: Segmental Revenue
Figure 31 Smith & Nephew: Geographical Revenue
Figure 32 Baxter International: Key Financials
Figure 33 Baxter International: Segmental Revenue
Figure 34 Baxter International: Geographical Revenue
Figure 35 BSN medical Inc.: Key Financials
Figure 36 BSN medical Inc.: Segmental Revenue
Figure 37 BSN medical Inc.: Geographical Revenue
Figure 38 Derma Sciences: Key Financials
Figure 39 Derma Sciences: Segmental Revenue
Figure 40 Derma Sciences: Geographical Revenue
Figure 41 Kinetic Concepts: Key Financials
Figure 42 Kinetic Concepts: Segmental Revenue
Figure 43 Kinetic Concepts: Geographical Revenue
Figure 44 DACH Medical Group: Key Financials
Figure 45 DACH Medical Group: Segmental Revenue
Figure 46 DACH Medical Group: Geographical Revenue
Figure 47 Arthrex GmbH Corporation: Key Financials
Figure 48 Arthrex GmbH Corporation: Segmental Revenue
Figure 49 Arthrex GmbH Corporation: Geographical Revenue
Figure 50 Gecko Biomedical: Key Financials
Figure 51 Gecko Biomedical: Segmental Revenue
Figure 52 Gecko Biomedical: Geographical Revenue
Figure 53 Integra LifeScience: Key Financials
Figure 54 Integra LifeScience: Segmental Revenue
Figure 55 Integra LifeScience: Geographical Revenue
Figure 56 CP Medical: Key Financials
Figure 57 CP Medical: Segmental Revenue
Figure 58 CP Medical: Geographical Revenue
Wound Closure Devices Market
The Wound Closure Devices Market value is aiming for great expansion USD 22.3 billion and the market operations are expected to rise at a CAGR of 9.2% by the end of the forecast period
$22.3 billion
Market Size
9.2%
CAGR
North America
Dominating Region
2022-2030
Forecast Period
Segmentation
Key Players
- CP Medical
- Integra Lifescience
- Gecko Biomedical
- Arthrex GmbH
- DACH Medical Group
- ConvaTec
- Kinetic Concepts
- Derma Sciences
- BSN Medical Inc.
- Baxter International
- Others
Drivers
- Advancement in technology
- Decrease in a number of surgical site infections
- Growing volume of surgical procedures
Wound Closure Devices Market Overview:
The Wound Closure Devices Market value is aiming for great expansion during the forecast period of 2018-2023. During the stated period, the market operations are expected to rise at a CAGR of 6.9% by the end of the forecast period in 2023.
The main purpose and idea behind using the devices and other products that belong to the Wound Closure Devices Market is the need to restore the skin structure post the healing of the wound. Using these devices helps in declining the chances of developing scars on the skin, followed by infection and impairment. Rapid wound closure devices are very beneficial as they possess the ability to reduce the amount of bleeding and discomfort that is usually a result of open wounds and infections.
COVID 19 Analysis of Wound Closure Devices Market
Since the pandemic has come into the limelight, all the healthcare services and providers have been diverted to treat the people who are corona positive. Hence, this is resulting in a reduced demand for the closure of the wound devices market size, thus, leading to losses. However, with the decrease in cases and normal course of functioning, the demand is expected to rise between the period 2018-2023. During this period, supportive government regulations and increased investment will help the wound closure device market.
Wound Closure Devices Market Dynamics
Drivers
Owing to the demand for the devices, the Wound Closure Devices Market is expecting the rise of various factors that will drive the demand of the market during the forecast period that ends in 2028. There is a steep rise in the prevalence of chronic wounds related to problems like diabetic foot ulcers, pressure ulcers, and venous leg ulcers. Also, a major increase in the number of accidents happening on an everyday basis is increasing the risk of developing wounds. These factors are anticipating for the Wound Closure Devices Market to grow as per the projected rate during the forecast period.
Restraints
However, there are rising concerns related to product recalls and the less availability of any alternative means that might restrain the market operations from growing as per the projected rate during the forecast period. Also, the lack of accessibility of reliable replacements as a part of the industry trends will pose major growth challenges for the Wound Closure Devices Market between the forecast period of 2018-2023.
Technology Analysis
The population of the world is rising which in turn is leading to the increase in the rise of the elderly population. This fact backed with the prevalence of disabilities across the global population is showing a lot of potentials for the Wound Closure Devices Market operations to focus and gain maximum benefit from. Owing to the emergence of the newest technology in the medical and healthcare services departments is increasing the demand for surgeries amongst elders is very common and hence, the demand for the Wound Closure Devices Market products is expected to cushion during the forecast period that ends in 2023.
Study Objectives
- To project the CAGR rate of the Wound Closure Devices Market during the forecast period of 2018-2023. The report aims to consider the impact of the coronavirus outbreak on the market operations and the revival strategies of the market in the form of drivers, opportunities, challenges, and restraints that are underway during the period.
- To analyze the degree of the scale of the market operations and the ability of the market segments to cater to the elaborated needs of the target audience and hence, earn revenues that will impact the forecasted market value by the end of the period in 2028.
- To analyze the segment functioning in major geographies and the rising competitiveness amongst the players that have their manufacturing and production units in these regions. Also, the report aims to discuss the objectives and goals of the players by understanding the scale of the recent developments undertaken to dominate the region and the Wound Closure Devices Market operations.
Wound Closure Devices Market Segmentation
The Wound Closure Devices Market has been divided in the global market based on the device, application, type of wound, and end-users.
Based on the Device
The market has been divided all across the globe based on the device into mechanical, sutures, staples, and adhesives wound closure devices. The adhesives are further sub-divided into cyanoacrylates adhesives and fibrin tissue adhesives. The sutures are also sub-divided into monofilament, braided, non-absorbable, and absorbable.
Based on the Application
The market has been divided all across the globe based on the application into arterial ulcers, diabetic ulcers, pressure ulcers, surgical wounds, ulcers, and burns.
Based on the Type of Wound
The market has been divided all across the globe based on the type of the wound into acute wounds, chronic wounds, and various other wounds.
Based on the End-User Industry
The market has been divided all across the globe based on the end-user industry into the home care sector, ambulatory surgical centers, community healthcare service providers, hospitals, and various others.
Wound Closure Devices Market Regional Analysis
The Wound Closure Devices Market has been divided in the global market based on the regions into North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. The largest market share in the global market is held by the North American region due to the presence of an aging population, sports and adventure, increasing injuries related to accidents, and an increasing number of surgical procedures that drive the market demand to this region.
The second-largest market share in the global market is held by the European region owing to the presence of well-established technologically advanced infrastructure along with a healthcare system that drives the market demand to this region. The increasing number of road accidents is another contributing factor that drives the market demand.
Being the fastest-growing region, the third-largest market share in the global market is held by the Asia-Pacific region owing to the presence of various highly populated countries like India and China that drives the market demand in this region. Increasing chronic diseases like ulcers, diabetes, and various others is another factor that drives the market demand in this region.
The Latin American region and the Middle East and African region hold the least market share due to the presence of low infrastructure in both these regions. Low per capita disposable income is another contributing factor that restricts the market growth in these regions.
Competitive Landscape
The most prominent major key players in the Wound Closure Devices Market all across the globe are mentioned:
- CP Medical
- Integra Lifescience
- Gecko Biomedical
- Arthrex GmbH
- DACH Medical Group
- ConvaTec
- Kinetic Concepts
- Derma Sciences
- BSN Medical Inc.
- Baxter International
- Smith & Nephew
- Medtronic
- Ethicon Inc.
- B Braun Melsungen AG
- Abbott Laboratories
- 3M
These major key players use various strategies to sustain their market position in the Wound Closure Devices Market in the global market by going for mergers, and acquisitions, by collaborating, setting up a new joint venture, establishing a partnership, developing a new product line, innovation in the existing product, developing a new production process, and many others to expand their customer base in the untapped market of the wound closure device all across the globe.
Recent Developments
- All the major market key players are highly investing in mergers and acquisitions, joint ventures, and new products.
- Baxter International is spending a huge sum of money on research and development to get an upper edge over its competitors. This will help the company in increasing its sales revenue.
- In the North American region, there were approximately 3 million non-fatal injuries coupled with 150,000 deaths suffered from road accidents according to the reports of the American Association for the Surgery of Trauma and Injury.
- In the Asia-Pacific region, there are more than 96 million diabetics patients according to the reports of WHO owing to the presence of the aged population in this region.
Report Overview
This global Wound Closure Devices Market research report consists of the following elements mentioned below:
- Market Overview
- COVID 19 Analysis
- Market Dynamics
- Technical Analysis
- Market Segmentation
- Regional Analysis
- Competitive Landscape
- Recent Developments
This market research report contains factors that drive the growth of the Wound Closure Devices Market in the global market along with the factors that restrict its growth in the global market. The role of technology in driving positive demands for market operations is discussed. The impact of COVID 19 on the market across the globe is highlighted.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2027: Significant value |
| CAGR | 2017-2023:~6.9%. |
| Base Year | 2019 |
| Forecast Period | 2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Device, Application, Type of wound, And End-User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | 3M, Abbott Laboratories, B. Braun Melsungen AG, Ethicon Inc., Medtronic., Smith & Nephew, Baxter International, BSN medical Inc., Derma Sciences, Kinetic Concepts, ConvaTec, DACH Medical Group, Arthrex GmbH, Gecko Biomedical, Integra LifeScience, and CP Medical |
| Key Market Opportunities | Product Manufacturers |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The global wound closure device market is projected to expand at approximately 6.9% CAGR during the review period (2018-2023).
Advancement in wound closure technology, the emergence of improved wound closure devices, and augmenting need for reducing surgical expenditure and hospital stay are the major tailwinds pushing the growth of the global wound closure device market.
North America holds the largest share in the global wound closure device market, followed by Europe and the Asia Pacific, respectively.
DACH Medical Group, 3M, Smith & Nephew, Gecko Biomedical, Ethicon Inc., Integra LifeScience, Arthrex GmbH, Baxter International, ConvaTec, BSN medical Inc., B. Braun Melsungen AG, Kinetic Concepts, CP Medical, Abbott Laboratories, Medtronic, and Derma Sciences, are some of the major players operating in the wound closure device market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global wound closure device market adopt to gain a larger competitive advantage.
