Global Wound Closure Devices Market Size & Outlook
Global wound closure devices market, 2018-2030 (US$M)
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Global wound closure devices market highlights
- The global wound closure devices market generated a revenue of USD 16,023.3 million in 2023 and is expected to reach USD 26,767.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.6% by 2030.
- In terms of segment, sutures accounted for a revenue of USD 6,787.0 million in 2023.
- Staples is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 16,023.3 million |
| Market revenue in 2030 | USD 26,767.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Sutures |
| Fastest growing segment | Staples |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adhesives, Staples, Sutures, Strips, Mechanical wound closure devices |
Other key industry trends
- In terms of revenue, the North America accounted for 38.6% of the global wound closure devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 45.6 million by 2030.
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Wound Closure Devices Market Scope
Wound Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global wound closure devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wound closure devices market will help companies and investors design strategic landscapes.
Sutures was the largest segment with a revenue share of 42.36% in 2023. Horizon Databook has segmented the Global wound closure devices market based on adhesives, staples, sutures, strips, mechanical wound closure devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Wound Closure Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Sutures
- Absorbable
- Non-absorbable
- Adhesives
- Staples
- Strips
- Sterile
- Non-Sterile
- Clips
- Sealants
- Non-Synthetic
- Collagen Based
- Synthetic
- Others
- Sutures
- Global Wound Closure Devices Wound Type Outlook (Revenue, USD Million, 2018-2030)
- Acute Wound
- Chronic Wound
- Global Wound Closure Devices End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Trauma Centers
- Others
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Our clientele includes a mix of wound closure devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wound closure devices market , including forecasts for subscribers. This global databook contains high-level insights into Global wound closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global wound closure devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wound closure devices market size, 2023 (US$M)
Global wound closure devices market share, by product, 2023 & 2030 (%, US$M)
Wound closure devices market: Opportunity assessment by country
Global wound closure devices market, by region, 2023 (US$M)
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