Global Wound Closure Market is estimated to be US$ 31.08 billion by 2030 with a CAGR of 7.50% during

The Global Wound Closure Market accounted for US$ 15.11 billion in 2020 and is estimated to be US$ 31.08 billion by 2030 and is anticipated to register a CAGR of 7.50%. Injury to any of the tissues of the body, especially that caused by physical means and with interruption of continuity is defined as a wound. Wounds are classified into acute and chronic wounds. Advanced wound care & closure products are emerging as a standard solution for treating chronic wounds. Traditional wound care and closure products are being increasingly substituted with advanced wound closure products due to their efficacy and effectiveness in managing wounds by enabling faster healing.

The report “Global Wound closure Market, By Product Type (Moist Wound Dressings, Wound Therapy Devices, and Active Wound Care), By Wound Type (Surgical Wounds, Ulcers, Traumatic Wounds, Burns and Other Wounds), By End-User (Hospitals, Clinics, and Ambulatory Surgical Units) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)- Trends, Analysis and Forecast till 2030”

Key Highlights:

In 2020, Dolphin Sutures, based out of Bangalore, has added another new feather in its innovation cap by launching Durabarb-a knotless wound closure device designed to redefine the suturing experience for surgeons and paves the way for the development of entirely new surgical approaches that will transform the surgeons’ tissue repair and restoration experience, representing the future of wound closure.
Analyst View:

Increasing cases of surgical wounds, Ulcers, and associated cases of surgical site infections (SSIs) incidences across the globe is a major factor driving growth of the global wound closure market. In addition, rising incidences of chronic and sub-chronic wounds across the globe in another factor expected to propel growth of the target market in the near future. High consumer base of knee replacement surgeries, aesthetic surgeries, spinal fusions and hip replacement surgeries

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