Transparency Market Research Report Added "Wound Closure Devices Market" to its database.
Albany, NY -- (SBWIRE) -- 03/23/2015 -- A research conducted by analysts shows that about 100 million wounds were treated in U.S. hospitals in 2011. The wounds included the ones caused by amputations, diabetes, pressure and venous ulcers, surgical wounds, burns, and arterial and traumatic wounds. During the same year the wound closure devices market generated revenue of around US$3.8 billion. The devices included energy-based closure devices, sutures, and wound closure strips, automated suturing products, stapling systems, surgical sealants and glues, and negative pressure wound therapy systems.
Wound closure devices have revolutionized surgical aftercare and drastically reduced the time patients take to recover. These devices have radically eliminated the need to tie knots as surgeons can now close the incisions or surgical wounds at a 50% faster rate with the same security and strength of traditional methods. The wound closure devices market provides advanced wound care solutions, which have changed perspectives towards chronic wounds. These devices have phenomenally brought down the duration and cost of treating wounds. As traditional wound closure devices and methods are rapidly being replaced by advanced wound closure devices due to their efficiency, it is fueling the growth of this market.
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Components of Global Wound Closure Devices Market
The expanding global wound closure devices market has been segmented quite thoroughly on the basis of several types of devices used for wound closures, applications, end-users, and geography. On the basis of types of devices used for wound closures the market is divided into hemostatic and sealing agents, which further includes fibrin sealant, surgical sealant, gelatin-based sealant, and human fibrinogen and thrombin fleece. The segment also includes topical tissue adhesives, wound closure devices such as mechanical stapling devices, ligating clips, wound closure strips, and others. Furthermore, the moist wound dressings segment is broken down into films, foams, hydrocolloids, hydrogels, collagen, alginates, and silver wound dressings; active wound care consists of skin substitutes and growth factors; and therapy devices comprise negative pressure wound therapy, pressure relief devices, and others.
In terms of applications the global wound closure devices market is segmented into burns, ulcers, pressure ulcers, diabetic ulcers, arterial ulcers, venous leg ulcers, and surgical wounds. The end-user segment is inclusive of hospitals, community health services, and home healthcare. Geographically speaking, the global wound closure devices market is fragmented into regions such as North America, Asia Pacific, Europe, Latin America, Middle East, and Rest of the World.
Sutures Emerge As the Leading Segment
Sutures, which can be non-absorbable and absorbable, are likely to do exceptionally well in the global wound closure devices market, as they are used in every form of surgery. Sutures are further fragmented into monofilament and braided. Monofilaments are popularly used in ophthalmic, neurological, and cardiovascular surgeries, while braided sutures are regularly used for an improved knot security.
Stapler Devices Rank Second Best Segment in Terms of Growth
Stapler devices, which are an improved version of sutures, make surgical procedures extremely easy and quick. The global stapler devices market has also grown by leaps and bounds in the past few years as they offer great precision, safety, and a drastic cut in recovery time as compared to traditional sutures. As a result, mechanical wound closure devices will witness a good growth rate in the market in the coming years.
Future of Global Wound Closure Devices Market
As doctors are looking at minimally invasive surgeries, the demand for wound closure devices is seen to be reducing. As minimally invasive surgeries reduce the size of incisions, they further lessen the prospect of closing these incisions with sutures, wound strips, or mechanical wound closure devices. However, a great opportunity for global wound closure devices market is the rise of cosmetic and plastic surgeries, which need synthetic absorbable sutures. This segment could truly be the future of the global wound closure devices market.
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