MedMarket Diligence has published a global analysis of the market wound closure products including sutures and staples, vascular closure devices, surgical tapes, surgical hemostats and surgical sealants and glues. The report details the products, markets and companies, with market shares and forecasts to 2018.
PRLog - Nov. 24, 2014 - MISSION VIEJO, Calif. -- The global market for wound closure is a significant, growing segment of the total medical device market. The global market for surgical sealants, glues, and wound closure devices is forecast to increase to about $14 billion in 2018, exhibiting an overall compound annual growth rate (2013-2018) of 6.6%. Surgical sealants and glues are expected to demonstrate the highest growth rate over the forecast period, growing to $2.1 billion in 2018. The largest segment in terms of revenues is the sutures and staples market, which comprise about half of the worldwide total. Hemostats represent the next largest segment, followed by surgical sealants and glues, tapes, and vascular closure devices.
The 2014 MedMarket Diligence report, "Worldwide Surgical Sealants, Glues, and Wound Closure Markets, 2013-2018", covers the markets for Surgical Wound Closure products, including Sutures and Staples, Vascular Closure Devices, Medical Tape, Surgical Hemostats, and Surgical Sealants and Glues. It takes into consideration those products which are used in hospitals, medical clinics and physicians’ offices. It does not address consumer, dental or veterinary markets, nor does it include medical adhesives used in manufacturing devices intended to be used for medical applications.
The report provides specific forecasts and shares of the worldwide market by segment for Americas (detail for U.S., Rest of North America and Latin America), Europe (detail for United Kingdom, German, France, Italy, Spain, Rest of Europe), Asia/Pacific (detail for Japan, Korea, Rest of Asia/Pacific) and Rest of World.
The report also provides background data on the surgical, disease and traumatic wound patient populations targeted by current technologies and those under development, and the current clinical practices in the management of these patients, including the dynamics among the various clinical specialties or subspecialties vying for patient population and facilitating or limiting the growth of technologies.
The report establishes the current worldwide market size for major technology segments as a baseline for and projecting growth in the market through 2018. The report also assesses and projects the composition of the market as technologies gain or lose relative market performance over this period.
The report profiles the top companies by revenue and a reasonable selection of the most promising or otherwise noteworthy companies in the markets covered in this report, providing data on their current products, current market position and products under development.
The report is described in detail at http://www.mediligence.com/rpt/rpt-s192.htm and may be ordered for immediate download from http://www.mediligence.com/store/page50.html.
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Worldwide Surgical Sealants, Glues, Wound Closure 2014, New Report
November 24, 2014 at 14:08 PM EST
