Global Surgical Incision Closure Market, By Type (Disposable Surgical Incision Closure, Reusable Surgical Incision Closure), Application (Esophagectomy, Gastrectomy, Colectomy, Proctectomy, Reconnect skin) – Industry Trends and Forecast to 2029
Market Analysis and Size
In wound care management, disposable surgical incision closure is a novel phrase. It was first introduced by Ethicon, a Johnson & Johnson company. The rising incidence of chronic diseases such as cancer and diabetes, as well as the increasing number of cosmetic operations performed worldwide and technological developments in wound care management products, are all driving this market forward. After surgery, reusable surgical incision closure is a way of closing the wound. It is also known as delayed cicatrization or second surgery.
Data Bridge Market Research analyses that the surgical incision closure market which was USD 11,788.66 million in 2021, would rocket up to USD 21658.88 million by 2029, and is expected to undergo a CAGR of 7.90% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Disposable Surgical Incision Closure, Reusable Surgical Incision Closure), Application (Esophagectomy, Gastrectomy, Colectomy, Proctectomy, Reconnect skin)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Johnson & Johnson Private Ltd. (U.S), Medtronic (Ireland), 3M (U.S), Medline Industries, Inc. (U.S), B.Braun Melsungen AG (Germany), Teleflex Incorporated (U.S), CooperSurgical, Inc. (U.S), Smith+Nephew (U.K), Abbott (U.S), Advanced Medical Solutions Group Plc (U.K), Baxter (U.S), CP Medical (U.S), Derma Sciences Inc. (U.S), Surgical Specialties Corporation Inc. (U.S)
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Market Opportunities
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Market Definition
A surgical incision closure is a medical operation that involves bringing the margins of a surgical wound together and sewing or glueing together. After surgery, this treatment is frequently used to reduce the risk of infection and speed up the healing process.
Surgical Incision Closure Market Dynamics
Drivers
- Rise in R&D activities
Increasing investment in research and development, lowering the level of trauma while lowering infection risks, and increasing demand to minimise hospital stays. It is critical to close incisions properly during surgery in order to preserve tissue integrity and restore normal functionality. During surgery, the main goal is to maintain hemostasis and seal the incision both internally and externally. Failure to properly close the incisions might result in serious medical problems such as infection and scarring. This market's growth is also projected to be aided by the launch of technologically enhanced incision closure products.
- New technical innovations
The technological advancements and advances in hemostats, tissue sealants, and other devices provide a number of advantages, including a lower chance of infection, fewer traumas, faster recovery, and better cosmetic outcomes. This is expected to substantially contribute to the overall market's growth. Furthermore, the growing number of gadgets in development is expected to provide profitable prospects for market participants.
- Rise in need of minimally invasive procedures
Rising need for less invasive procedures. The global demand for minimally invasive surgeries is increasing at a rapid pace, fueling the global surgical incision closure market. The global surgical incision closure market is expected to rise as the senior population becomes more susceptible to diseases and injuries that necessitate surgery.
Opportunities
In the coming years, the rising number of illnesses and need for a variety of procedures are likely to fuel the expansion of the global surgical incision closure devices market. Furthermore, the adoption of alternative materials in manufacturing processes to improve product quality is expected to boost the global market's growth. In the coming years, these firms' increased focus on research and development activities and innovations is expected to provide potential prospects.
Restraints/Challenges
There are restrictions in the use of 2-octyl-cyanoacrylate (OCA) owing to its expense, which may be more than four times as expensive as sutures. Moreover, 2-octyl-cyanoacrylate (OCA) use demands a cautious method, since there should be no gap between the skin edges or bleeding.
This surgical incision closure market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical incision closure market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 impact on Surgical Incision Closure Market
The pandemic had a negative impact on the global surgical incision closure market, with global restrictions on general surgical procedure operating hours being drastically lowered to prevent the spread of COVID-19. Furthermore, due to a personnel crisis, some departments of various hospitals around the world have closed, reducing the number of procedures suggested to non-COVID-19 patients. Furthermore, COVID-19 patients are expected to hurry to devote large expenditures to their treatment. Suture supplies are in short supply during surgical procedures. Surgical procedures have dropped as a result of the current pandemic crisis. They are only likely to rise in the future, which will have a minor impact on market growth.
Global Surgical Incision Closure Market Scope
The surgical incision closure market is segmented on the basis of type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Disposable Surgical Incision Closure
- Reusable Surgical Incision Closure
Application
- Esophagectomy
- Gastrectomy
- Colectomy
- Proctectomy
- Reconnect skin
Surgical Incision Closure Market Regional Analysis/Insights
The surgical incision closure market is analysed and market size insights and trends are provided by country, type, application as referenced above.
The countries covered in the surgical incision closure market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominated the global surgical incision closure market. This can be attributed to factors such as favourable reimbursement policies, growing prevalence of chronic diseases and high adoption of advanced technologies.
Asia-Pacific is anticipated to witness lucrative growth during the forecast period due to increasing healthcare expenditure by governments and private organizations, improving healthcare infrastructure and increasing disposable income levels.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The surgical incision closure market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for surgical incision closure market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical incision closure market. The data is available for historic period 2010-2020.
Competitive Landscape and Surgical Incision Closure Market Share Analysis
The surgical incision closure market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surgical incision closure market.
Some of the major players operating in the surgical incision closure market are:
- Johnson & Johnson Private Ltd. (U.S )
- Medtronic (Ireland)
- 3M (U.S)
- Medline Industries, Inc. (U.S)
- B.Braun Melsungen AG (Germany)
- Teleflex Incorporated (U.S)
- CooperSurgical, Inc. (U.S)
- Smith+Nephew (U.K)
- Abbott (U.S)
- Advanced Medical Solutions Group Plc (U.K)
- Baxter (U.S)
- CP Medical (U.S)
- Derma Sciences Inc. (U.S)
- Surgical Specialties Corporation Inc. (U.S)
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