China Wound Closure Devices Market Size & Outlook
China wound closure devices market, 2018-2030 (US$M)
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China wound closure devices market highlights
- The China wound closure devices market generated a revenue of USD 470.9 million in 2023 and is expected to reach USD 793.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, sutures was the largest revenue generating product in 2023.
- Staples is the most lucrative product segment registering the fastest growth during the forecast period.
Wound closure devices market data book summary
| Market revenue in 2023 | USD 470.9 million |
| Market revenue in 2030 | USD 793.9 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Sutures |
| Fastest growing segment | Staples |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adhesives, Staples, Sutures, Strips, Mechanical wound closure devices |
| Key market players worldwide | 3M Co, Johnson & Johnson, B. Braun, Medtronic PLC, Baxter International Inc, Integra LifeSciences, Smith & Nephew PLC |
Other key industry trends
- In terms of revenue, China accounted for 2.9% of the global wound closure devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan wound closure devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 884.0 million by 2030.
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Wound Closure Devices Market Scope
Wound Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 39.1% in 2023. Horizon Databook has segmented the China 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.
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Target buyers of China wound closure devices market databook
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China wound closure devices market , including forecasts for subscribers. This country databook contains high-level insights into China wound closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China wound closure devices market size, by product, 2018-2030 (US$M)
China Wound Closure Devices Market Outlook Share, 2023 & 2030 (US$M)
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