Wound Closure Products Market Size and Growth
The global wound closure products market reached US$ 24.23 billion in 2023, with a rise of US$ 25.49 billion in 2024, and is expected to reach US$ 41.76 billion by 2033, growing at a CAGR of 5.5% during the forecast period 2025-2033.
The global wound closure products market is growing due to chronic wounds, surgical procedures, and technological advancements in closure devices. The aging population and increased trauma cases are driving demand. Traditional sutures remain dominant, but advanced solutions like absorbable sutures, tissue adhesives, and hemostatic sealants are gaining momentum. However, high costs and postoperative complications remain barriers to wider adoption. Opportunities lie in bioengineered products, smart wound care technologies, and expanding access in emerging markets. Key players like Johnson & Johnson, 3M, Baxter International, Medtronic, Smith & Nephew, and B. Braun are driving innovation through product launches and strategic collaborations.
Wound Closure Products Market Summary
Wound Closure Products Market Dynamics: Drivers & Restraints
Driver: Rising Prevalence of Chronic Wounds
The global wound closure products market is experiencing significant growth due to the increasing prevalence of chronic wounds. These wounds, including diabetic foot ulcers, venous leg ulcers, arterial ulcers, and pressure sores, pose significant healthcare challenges due to their prolonged healing times, high recurrence rates, and potential complications. Advanced closure methods, such as absorbable sutures, tissue adhesives, and bioengineered sealants, are needed to accelerate healing, reduce infection risks, and improve patient quality of life.
For instance, according to the International Diabetes Federation (IDF) reports that over 537 million adults worldwide have diabetes, with the number expected to rise to 643 million by 2030 and 783 million by 2045. 15-25% of diabetic patients are at risk of developing diabetic foot ulcers, a common and costly complications. Pressure ulcers affect 5-10% of hospitalized patients globally, with higher incidence rates among elderly and immobile populations. The growing prevalence of these chronic conditions highlights the need for advanced wound closure products to support faster recovery and reduce healthcare costs.
Restraint: Risk of Postoperative Complications
The wound closure products market faces challenges due to postoperative complications, such as wound dehiscence, infections, delayed healing, and scarring. These complications compromise patient recovery and increase healthcare costs due to extended hospital stays and additional treatments. Surgical site infections (SSIs) account for nearly 20% of all healthcare-associated infections worldwide, with patients with SSIs having longer hospital stays. These risks make healthcare providers cautious in adopting new closure technologies, especially in resource-constrained settings, posing a significant barrier to widespread market expansion.
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Wound Closure Products Market Segmentation Analysis
The global wound closure products market is segmented by product type, application, end user, and region.
Product Type:
The sutures from the product type segment the expected to have 32.39% of the wound closure products market share.
Sutures are the most popular and cost-effective wound closure product segment globally due to their versatility, long-standing role in surgical procedures, and strong wound support. Innovations like absorbable sutures and antimicrobial-coated sutures have further boosted the market. With the rise in surgical procedures across orthopedics, cardiovascular, and general surgery, demand for sutures remains high. Despite advancements in closure technologies like tissue adhesives and staples, sutures remain crucial due to their broad clinical applicability, affordability, and acceptance in both developed and emerging markets.
For instance, in October 2024, Corza Medical, a global medical technology company, has launched its Onatec ophthalmic microsurgical sutures at the American Academy of Ophthalmology conference in Chicago. The innovative sutures represent Corza Medical's commitment to innovation and growth in the ophthalmic surgery market. CEO Tom Testa said Onatec enables the company to deliver tailored, high-quality solutions that address global market needs.
Wound Closure Products Market Geographical Share
The North America global wound closure products market was valued at 42.1% market share in 2024
North America dominates the global wound closure products market due to advanced healthcare infrastructure, high surgical volumes, and innovative closure technologies. The region's high number of elective and emergency surgeries, including orthopedic, cardiovascular, and cosmetic procedures, increases demand for sutures, staples, and tissue adhesives. The rising prevalence of chronic conditions like diabetes and obesity also increases the need for effective wound closure solutions.
For instance, in October 2024, Mölnlycke Health Care and Transdiagen have partnered for advanced wound care research, aiming to develop innovative wound closure devices using their respective expertise.
Moreover, in July 2024, AVITA Medical, Inc. has partnered with Regenity Biosciences to enhance its wound care portfolio and expand its distribution of Regenity's bioresorbable technology.
Wound Closure Products Market Major Players
The major players in the wound closure products market include Solventum, Johnson & Johnson (Ethicon), Baxter International, B. Braun SE, Smith+Nephew, Stryker Corporation, Medtronic, Coloplast, Fibroheal, and Convatec among others.
Key Developments
In October 2024, Royal Wound-X, a division of Royal Biologics, has introduced two innovative wound care technologies: Peak Powder Collagen Matrix and ElectroFiber 3D. These technologies combine natural healing properties with advanced science to provide faster, more effective healing solutions for patients. Peak Powder Collagen Matrix is a next-generation collagen-based solution designed to enhance healing in both surgical and non-surgical wounds.
Wound Closure Products Market Scope
Metrics | Details | |
CAGR | 5.5% | |
Market Size Available for Years | 2022-2033 | |
Estimation Forecast Period | 2025-2033 | |
Revenue Units | Value (US$ Bn) | |
Segmentation | Product Type | Sutures (Absorbable, Non-absorbable), Staples, Adhesives Strips, Clips, Sealants, Others |
Application | Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Ophthalmic Surgery, Cosmetic & Plastic Surgery, Others | |
End User | Hospitals, Clinics, Ambulatory Surgical Centers (ASCs), Others | |
Regions Covered | North America, Europe, Asia-Pacific, South America, and the Middle East & Africa | |
The global wound closure products market report delivers a detailed analysis with 62 key tables, more than 61 visually impactful figures, and 195 pages of expert insights, providing a complete view of the market landscape.
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