Surgical Incision Closures Global Market Report 2023: Non-Invasive Closure Products Draw Attention

DUBLIN, March 14, 2023 /PRNewswire/ -- The "Surgical Incision Closures: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Surgical Incision Closures Market to Reach $30.4 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Surgical Incision Closures estimated at US$16.5 Billion in the year 2022, is projected to reach a revised size of US$30.4 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030.

Tissue Sealants, Adhesives & Topical Hemostats, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$14.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Suture Products segment is readjusted to a revised 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 12.2% CAGR

The Surgical Incision Closures market in the U.S. is estimated at US$4.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 51 Featured) -

3M HealthCare
Abbott Laboratories
Advanced Medical Solutions Group Plc
Aesculap AG & Co.KG
Baxter International Inc.
CP Medical Inc.
Derma Sciences Inc.
Ethicon Endo-Surgery Inc.
Medtronic Inc.
Smith & Nephew
Surgical Specialties Corporation (US) Inc.
Teleflex Medical OEM

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Surgical Incision Closures - A Prelude
Recent Market Activity
Current and Future Analysis
Developing Markets Hold Strong Potential
Suture Products: Largest Individual Market
Staplers Compete with Sutures
Conventional Intracutaneous Sutures & Staples Lose Relevance Amid Surgical Procedure Innovation
Use of Adhesive and Sealants over Sutures
Tapes/Strips Simplify Closures
Gauging the Economic Benefits of Hemostats and Sealants
Biomaterials and Synthetic Materials Mark Metamorphosis
Market Gains from Increase in Cosmetic Surgeries
Growing Focus on Reducing Hospital Stays Lends Traction
Surgical Incision Closures - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Technological Advancements Drive Growth
Tissue Adhesives and Surgical Glues - A Potential Market
Non-Invasive Closure Products Draw Attention
Developments in Laparoscopy Call for New Product Advancements
Innovations in Sutures Sector Uphold Growth
Innovative Products Stabilize Growth in the Staplers Market
Nanotechnology in Incision Closures
Hemostatic Agents Gain Application to Control Blood Leakage
Synthetic Sealants - An Emerging R&D Domain
Fibrin Sealants Focus on Minimizing Risk of Infection

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

3M HealthCare
Abbott Laboratories
Advanced Medical Solutions Group Plc
Aesculap AG & Co.KG
Baxter International Inc.
CP Medical Inc.
Derma Sciences Inc.
Ethicon Endo-Surgery Inc.
Medtronic Inc.
Smith & Nephew
Surgical Specialties Corporation (US) Inc.
Teleflex Medical OEM

For more information about this report visit https://www.researchandmarkets.com/r/le3yrj

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