North America Wound Closure Devices Market Size & Outlook
North America wound closure devices market, 2018-2030 (US$M)
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North America wound closure devices market highlights
- The North America wound closure devices market generated a revenue of USD 6,187.7 million in 2023.
- The market is expected to grow at a CAGR of 7.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,187.7 million |
| Market revenue in 2030 | USD 10,357.2 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 |
| 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, North America region accounted for 38.6% of the global wound closure devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,892.9 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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North America 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 40.7% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the wound closure & advanced wound care market in 2019 and is expected to show a considerable growth rate over the forecast period. Increasing road accidents, sports injuries, and the presence of several key players in the region is anticipated to drive the market growth.
In addition, the presence of adequate skilled professionals and highly developed healthcare infrastructure are also expected to drive the market growth over the forecast period.
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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 continent-level data and insights on the North America wound closure devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America wound closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America wound closure devices market size, by country, 2018-2030 (US$M)
North America Wound Closure Devices Market Outlook Share, 2023 & 2030 (US$M)
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