Market revenue in 2023 | USD 4,178.3 million |
Market revenue in 2030 | USD 6,831.9 million |
Growth rate | 7.3% (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 |
Key market players worldwide | 3M Co, Johnson & Johnson, B. Braun, Medtronic PLC, Baxter International Inc, Integra LifeSciences, Smith & Nephew PLC |
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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 38.63% in 2023. Horizon Databook has segmented the Europe 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.
Europe wound closure & advanced wound care market is driven by factors such as high disposable income, presence of well-established healthcare infrastructure, and availability of skilled professionals. Moreover, presence of favorable reimbursement coverage has increased the adoption of surgical procedures.
In addition, increasing geriatric population and rising cases of burns & trauma are also anticipated to drive the market. Thus, Europe wound closure & advanced wound care market is anticipated to witness significant growth over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe wound closure devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wound closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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