Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 312.1 Million

Market Size (2029)

USD 432.1 Million

CAGR (2024-2029)

5.57%

Fastest Growing Segment

Flexible

Largest Market

North America

Market Overview

Global Wound Closure Strips Market was valued at USD 312.1 million in 2023 and is expected to reach USD 432.1 million by 2029 with a CAGR of 5.57% during the forecast period. The wound closure strips market is expanding due to the rising demand for minimally invasive procedures and the increasing prevalence of chronic wounds. Technological advancements and a growing focus on healthcare hygiene are driving innovation and growth in this sector. Key players are investing in new product development to cater to diverse medical needs. According to the data published by the National Safety Council in April 2024, approximately 63 million individuals around 1 in 5 sought medical attention for an injury. Thus, the large number of patient population is anticipated to boost the demand for wound closure strips in the coming years.

Key Market Drivers

Rising Incidence of Chronic Wounds

The rising incidence of chronic wounds is a significant driver for the wound closure strips market. Chronic wounds, which include pressure ulcers, diabetic foot ulcers, and venous leg ulcers, are becoming increasingly prevalent due to a combination of factors such as an aging population and the growing incidence of chronic diseases like diabetes. Diabetes impairs wound healing processes due to poor blood circulation and high blood sugar levels, making individuals more susceptible to persistent and hard-to-heal wounds. As the number of people living with diabetes continues to rise globally, the demand for effective and efficient wound management solutions, including wound closure strips, is correspondingly increasing.

Additionally, pressure ulcers, or bedsores, are another common type of chronic wound associated with prolonged pressure on the skin, often in individuals with limited mobility, such as the elderly and those with severe medical conditions. The prevalence of pressure ulcers is high in healthcare settings, driving the need for advanced wound care products that can offer reliable and effective closure solutions. Similarly, venous leg ulcers, often linked to chronic venous insufficiency, present a persistent challenge in wound management, further boosting the demand for specialized wound closure products.

On the other hand, the rising frequency of acute wounds like cuts, lacerations, and abrasions is projected to drive the demand for wound closure strips. For example, based on data published by TRADEBASE OR ITS AFFILIATES in February 2023, approximately 30% of all workplace injuries involve cuts or lacerations. Furthermore, the Bureau of Labor Statistics reported 89,730 instances of lacerations, cuts, or punctures in private industries, with 15,380 occurring in manufacturing firms alone in 2020. The frequent use of wound closure strips for such injuries is likely to drive increased demand due to the high incidence of acute wounds.

For The growing incidence of these chronic conditions underscores the necessity for advanced wound care technologies that can improve healing outcomes and enhance patient comfort. Wound closure strips offer a non-invasive, effective solution that can be used to manage and support the healing of various types of wounds. As healthcare systems around the world continue to address the complexities of chronic wound management, the market for wound closure strips is poised to grow, driven by the need for improved treatment options and better patient care.

Growing Technological Advancements in Medical Technology

Advancements in medical technology have significantly enhanced the effectiveness and ease of using wound closure strips, contributing to the robust growth of the market. Modern wound closure strips have evolved from simple adhesive tapes to sophisticated, high-performance products designed to address a wide range of wound types and conditions. Innovations such as advanced adhesive formulations, bio-compatible materials, and antimicrobial coatings have greatly improved the efficacy of these strips, making them more effective at securing wounds and reducing the risk of infection.

Technological progress has also led to the development of strips that feature improved flexibility and conformability, which enhance patient comfort and ensure better adhesion to various skin surfaces. Some of the latest wound closure strips incorporate smart technology, such as sensors that monitor wound conditions and provide real-time data on healing progress. These innovations not only optimize wound management but also enable more personalized and responsive care.

Additionally, the introduction of strips designed for specific clinical needs, such as those that cater to high-moisture environments or are designed to be used in surgical settings, showcases the versatility of modern wound closure products. As technology continues to advance, these improvements not only facilitate more effective wound care but also contribute to the overall growth of the market by expanding the range of applications and enhancing the appeal of wound closure strips to healthcare providers and patients alike.

Growing Preference for Minimally Invasive Procedures

The growing preference for minimally invasive procedures has significantly boosted the demand for wound closure strips, reflecting a broader shift towards less traumatic and more patient-friendly medical interventions. Minimally invasive techniques are increasingly favored across various medical disciplines due to their ability to reduce patient discomfort, lower the risk of complications, and shorten recovery times. This trend is particularly evident in fields such as dermatology, plastic surgery, and emergency medicine, where the benefits of less invasive approaches are well-recognized.

Wound closure strips align perfectly with this preference for minimally invasive care. Unlike traditional sutures or staples, which require needles and involve more invasive techniques for insertion and removal, wound closure strips are applied externally without the need for puncturing the skin. This method minimizes tissue trauma and can significantly reduce the risk of infection and scarring, making it an attractive option for both patients and healthcare providers.

Moreover, wound closure strips are often easier and quicker to apply compared to sutures, which can streamline the treatment process and reduce the overall procedural time. This efficiency not only enhances patient comfort but also supports better resource utilization in healthcare settings. The non-invasive nature of wound closure strips also means that they are less likely to cause additional pain or discomfort during removal, further aligning with the patient-centric approach of modern medicine.

As the medical community continues to prioritize patient comfort and outcomes, the demand for wound closure strips is expected to rise. These products provide an effective solution that supports the trend towards minimally invasive procedures, offering a practical and less invasive alternative to traditional wound closure methods.

Growing Number of Road Accidents

The growing number of road accidents and the rising incidence of injuries are expected to drive the demand for wound closure strips in the upcoming years. According to data published in the Annual Report on Road Accidents in India-2022, a total of 461,312 road accidents were recorded by States and Union Territories (UTs) in 2022, resulting in injuries to 443,366 individuals. This indicates a 15.3% increase in injuries and an 11.9% rise in accidents compared to the previous year. Wound closure strips are well-suited for treating minor lacerations and cuts that occur in road accidents. Consequently, the rise in road accidents is anticipated to result in a substantial increase in such injuries, thereby driving up the demand for wound closure strips. As traffic-related injuries continue to rise globally, there is an increasing need for effective and efficient wound management solutions. Road accidents frequently result in a range of injuries, from minor lacerations and abrasions to more severe wounds requiring prompt medical attention. Wound closure strips, known for their ease of use and quick application, are particularly valuable in emergency situations where immediate wound management is critical.

In the aftermath of road accidents, first responders and medical professionals often face the challenge of providing swift treatment to stabilize and treat wounds before further medical intervention. Wound closure strips offer a practical solution in these scenarios, as they can be applied rapidly to control bleeding, protect the wound from infection, and promote healing. Their non-invasive nature and effectiveness in securing wounds make them a preferred choice for pre-hospital and emergency care settings.

Additionally, the growing focus on improving emergency response systems and trauma care is contributing to the increased adoption of advanced wound care products, including closure strips. As healthcare providers and emergency services seek to enhance their response capabilities and improve patient outcomes, the demand for wound closure strips continues to rise. The ability of these strips to provide effective wound closure with minimal disruption aligns well with the needs of modern trauma care, further driving market growth.

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Key Market Challenges

Adverse Reactions and Allergies

Adverse reactions and allergies present a significant challenge for the wound closure strips market. Some patients may experience skin reactions, such as irritation, redness, or swelling, due to the adhesives or materials used in these products. These reactions can range from mild discomfort to more severe symptoms, potentially leading to allergic dermatitis or other dermatological issues. The presence of allergens or irritants in the adhesive components or the materials of the strips themselves can trigger these adverse effects, complicating their use in diverse patient populations.

To address these concerns, manufacturers must prioritize the development of hypoallergenic and skin-friendly formulations. This involves extensive testing and research to identify and mitigate potential allergens while ensuring that the products remain effective for wound closure. Compliance with rigorous regulatory standards for safety and effectiveness is essential, as regulatory bodies require thorough documentation and clinical evidence to verify that products do not pose significant risks to users.

Additionally, managing adverse reactions effectively is critical for maintaining market acceptance and consumer trust. Frequent reports of negative skin reactions can undermine confidence in wound closure strips, leading to decreased adoption and potential market share losses. Therefore, companies must focus on innovation to create safer products, and provide clear guidelines and support to healthcare providers and patients to minimize the risk of adverse effects. This proactive approach helps ensure the safety and efficacy of wound closure strips, ultimately fostering broader market acceptance and user satisfaction.

Intense Competition and Market Saturation

The wound closure strips market is characterized by intense competition due to the presence of numerous established players and a steady influx of new entrants. This crowded market environment can lead to aggressive price competition, as companies vie for market share by offering lower prices or discounting their products. Such price wars can erode profit margins and pressure companies to lower their prices, which can be particularly challenging for smaller players or those with higher production costs.

In addition to pricing pressures, companies must constantly innovate to differentiate their products and maintain a competitive edge. This involves investing in research and development to create advanced wound closure strips that offer unique features or improved performance. However, the costs associated with innovation and maintaining high standards of quality can be substantial, further tightening profit margins.

The competitive landscape also means that companies need to develop strong marketing strategies and build robust distribution networks to reach healthcare providers and consumers effectively. Differentiating products through superior technology, enhanced patient comfort, or specialized features becomes crucial in standing out amid a plethora of similar offerings.

Furthermore, the rapid pace of technological advancements and evolving consumer preferences require companies to stay agile and responsive to market trends. This dynamic environment necessitates continuous monitoring of competitors' strategies, adapting to new market demands, and ensuring that products meet the latest regulatory standards.

Key Market Trends

Growing Adoption of Advanced Materials

The wound closure strips market is experiencing a notable shift towards the use of advanced materials such as hydrogels, silicone adhesives, and antimicrobial agents to enhance product performance and patient comfort. Hydrogels are favored for their ability to maintain a moist wound environment, which accelerates healing and soothes the wound site by absorbing exudate and preventing dehydration. Silicone adhesives are valued for their gentle adhesion, which minimizes skin irritation and trauma during removal, making them ideal for sensitive skin or frequent dressing changes. Additionally, the incorporation of antimicrobial agents into wound closure strips helps to reduce the risk of infection by inhibiting bacterial growth, thus supporting faster and safer healing. This trend towards integrating these sophisticated materials reflects a broader movement towards improving wound care outcomes and driving innovation in the market.

Growing Expansion Towards Home Healthcare

The shift towards home healthcare and self-management of wounds is significantly driving the demand for user-friendly and effective wound closure strips. As healthcare systems evolve to emphasize patient autonomy and reduce hospital visits, more patients are managing their own wound care at home. This trend is fueled by advancements in telemedicine, home monitoring technologies, and a growing preference for receiving care in a familiar and comfortable environment. Wound closure strips offer a practical solution that meets the needs of patients who are responsible for their own care. These strips are designed for ease of application and removal, making them accessible for individuals without specialized medical training. Their simplicity and effectiveness are particularly important for managing minor injuries, post-surgical wounds, or chronic conditions that require regular dressing changes.

The increased focus on home healthcare also aligns with a broader movement towards personalized and patient-centered care. Wound closure strips, with their straightforward design and versatility, support this approach by providing an effective means for patients to manage their wounds independently. They offer benefits such as reducing the need for frequent clinic visits, lowering healthcare costs, and enhancing the overall patient experience.

Furthermore, the demand for wound closure strips in home healthcare settings is supported by their ability to integrate with other home care products and technologies. As patients increasingly use remote monitoring tools and digital health solutions, wound closure strips complement these innovations by offering a reliable and easy-to-use option for wound management.

Segmental Insights

Product Type Insights

Based on the product type, Flexible are projected to experience rapid growth during the forecast period due to their significant advantages in comfort, adaptability, and functionality. Their design allows them to conform to various body contours and movements, making them ideal for application on different parts of the body, including joints and irregular surfaces where traditional rigid strips may struggle. This enhanced conformability ensures a comfortable fit and reduces patient discomfort, which is particularly important for wounds in areas subjected to frequent movement. Additionally, the flexibility of these strips improves adhesion and stability, helping to maintain effective wound closure even in dynamic areas. This reduces the risk of strip displacement and ensures continuous protection of the wound. The ease of application and removal is another key benefit, as flexible strips simplify the process for both patients and healthcare providers, while minimizing skin trauma during removal.

Furthermore, the ability of flexible wound closure strips to adapt to various wound types and locations contributes to their versatility in clinical settings, including emergency care, surgery, and chronic wound management. Their reduced risk of complications, such as skin irritation and pressure sores, is crucial for patients with sensitive skin or those requiring long-term care. These combined benefits of comfort, adhesion, and adaptability drive the dominance of flexible wound closure strips in the market, making them a preferred choice for effective wound management.



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Regional Insights

North America emerged as the dominant region in the global wound closure strips market in 2023. This is due to the rising incidence of injuries and wounds in the region and favorable government initiatives. Furthermore, the large number of surgical procedures performed in the region is anticipated to support the market growth. Additionally, the growing healthcare expenditures in the U.S. and Canada are anticipated to propel the market growth. According to the Canadian Medical Association, Canada’s total health spending was anticipated to reach USD 344 billion in 2023.

Recent Developments

  • In July 2024 - Vernacare Ltd (H.I.G. Capital, LLC) reallocated USD 4.54 million from its surgical tool operations in China to the UK. This strategic move will enable the company to enhance its manufacturing capabilities at its Worksop, Newtown, Wales, and England facilities, while also yielding savings of approximately USD 324.60 million.
  • In January 2024 - 3M Health Care's Medical Solutions Division secured a USD 34.2 million contract with the U.S. Army to develop new products for infection control, wound management, and healing. This contract is anticipated to bolster the growth of the wound closure strips market.
  • In October 2023 - DuPont announced the introduction of its new DuPont™ Liveo™ MG 7-9960 Soft Skin Adhesive. The higher-adhesion, low-cyclics silicone soft skin adhesive (SSA) is designed for advanced wound care dressings and adhering medical devices to the skin for long wear time and gentle removal.
  • In October 2023 - Sylke Inc launched SYLKE™, the first dressing made of pure hypoallergenic silk fibroin. SYLKE™ is designed to enhance healing across surgical wounds and to reduce complications and infections which can lead to poor scarring outcomes.

Key Market Players

  • DeRoyal Industries, Inc.
  • DermaRite Industries, LLC.
  • 3M
  • Medline Industries, LP
  • Gentell
  • Dynarex Corporation
  • Smith+Nephew
  • Dukal, LLC
  • Aspen Surgical Products, Inc.
  • Essity Health & Medical

By Product Type

By Product Sterility

By Indication

By End Use

By Region

  • Flexible
  • Reinforced
  • Sterile
  • Non-Sterile
  • Surgical Wounds
  • Laceration & Minor Cuts
  • Hospitals
  • Specialty Clinics
  • Home Care
  • Others
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Wound Closure Strips Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Wound Closure Strips Market, By Product Type:

o   Flexible

o   Reinforced

  • Wound Closure Strips Market, By Product Sterility:

o   Sterile

o   Non-Sterile

  • Wound Closure Strips Market, By Indications:

o   Surgical Wounds

o   Laceration & Minor Cuts

  • Wound Closure Strips Market, By End Use:

o   Hospitals

o   Specialty Clinics

o   Home Care

o   Others

  • Wound Closure Strips Market, By Region:

o   North America

§  United States

§  Mexico

§  Canada

o   Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Japan

§  Australia

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East and Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Wound Closure Strips Market.

Available Customizations:

Global Wound Closure Strips market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Wound Closure Strips Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Wound Closure Strips Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type (Flexible, Reinforced)

5.2.2.    By Product Sterility (Sterile, Non-Sterile)

5.2.3.    By Indications (Surgical Wounds, Laceration & Minor Cuts)

5.2.4.    By End Use (Hospitals, Specialty Clinics, Home Care, Others)

5.2.5.    By Region

5.2.6.    By Company (2023)

5.3.  Market Map

6.    North America Wound Closure Strips Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type

6.2.2.    By Product Sterility

6.2.3.    By Indications

6.2.4.    By End Use

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Wound Closure Strips Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Type

6.3.1.2.2.           By Product Sterility

6.3.1.2.3.           By Indications

6.3.1.2.4.           By End Use

6.3.2.    Canada Wound Closure Strips Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Type

6.3.2.2.2.           By Product Sterility

6.3.2.2.3.           By Indications

6.3.2.2.4.           By End Use

6.3.3.    Mexico Wound Closure Strips Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Type

6.3.3.2.2.           By Product Sterility

6.3.3.2.3.           By Indications

6.3.3.2.4.           By End Use

7.    Europe Wound Closure Strips Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type

7.2.2.    By Product Sterility

7.2.3.    By Indications

7.2.4.    By End Use

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Wound Closure Strips Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type

7.3.1.2.2.           By Product Sterility

7.3.1.2.3.           By Indications

7.3.1.2.4.           By End Use

7.3.2.    United Kingdom Wound Closure Strips Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type

7.3.2.2.2.           By Product Sterility

7.3.2.2.3.           By Indications

7.3.2.2.4.           By End Use

7.3.3.    Italy Wound Closure Strips Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Product Type

7.3.3.2.2.           By Product Sterility

7.3.3.2.3.           By Indications

7.3.3.2.4.           By End Use

7.3.4.    France Wound Closure Strips Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Type

7.3.4.2.2.           By Product Sterility

7.3.4.2.3.           By Indications

7.3.4.2.4.           By End Use

7.3.5.    Spain Wound Closure Strips Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Type

7.3.5.2.2.           By Product Sterility

7.3.5.2.3.           By Indications

7.3.5.2.4.           By End Use

8.    Asia-Pacific Wound Closure Strips Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type

8.2.2.    By Product Sterility

8.2.3.    By Indications

8.2.4.    By End Use

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Wound Closure Strips Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type

8.3.1.2.2.           By Product Sterility

8.3.1.2.3.           By Indications

8.3.1.2.4.           By End Use

8.3.2.    India Wound Closure Strips Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type

8.3.2.2.2.           By Product Sterility

8.3.2.2.3.           By Indications

8.3.2.2.4.           By End Use

8.3.3.    Japan Wound Closure Strips Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type

8.3.3.2.2.           By Product Sterility

8.3.3.2.3.           By Indications

8.3.3.2.4.           By End Use

8.3.4.    South Wound Closure Strips Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product Type

8.3.4.2.2.           By Product Sterility

8.3.4.2.3.           By Indications

8.3.4.2.4.           By End Use

8.3.5.    Australia Wound Closure Strips Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product Type

8.3.5.2.2.           By Product Sterility

8.3.5.2.3.           By Indications

8.3.5.2.4.           By End Use

9.    South America Wound Closure Strips Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type

9.2.2.    By Product Sterility

9.2.3.    By Indications

9.2.4.    By End Use

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Wound Closure Strips Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type

9.3.1.2.2.           By Product Sterility

9.3.1.2.3.           By Indications

9.3.1.2.4.           By End Use

9.3.2.    Argentina Wound Closure Strips Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type

9.3.2.2.2.           By Product Sterility

9.3.2.2.3.           By Indications

9.3.2.2.4.           By End Use

9.3.3.    Colombia Wound Closure Strips Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type

9.3.3.2.2.           By Product Sterility

9.3.3.2.3.           By Indications

9.3.3.2.4.           By End Use

10. Middle East and Africa Wound Closure Strips Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Product Sterility

10.2.3. By Indications

10.2.4. By End Use

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Wound Closure Strips Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type

10.3.1.2.2.         By Product Sterility

10.3.1.2.3.         By Indications

10.3.1.2.4.         By End Use

10.3.2. Saudi Arabia Wound Closure Strips Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type

10.3.2.2.2.         By Product Sterility

10.3.2.2.3.         By Indications

10.3.2.2.4.         By End Use

10.3.3. UAE Wound Closure Strips Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type

10.3.3.2.2.         By Product Sterility

10.3.3.2.3.         By Indications

10.3.3.2.4.         By End Use

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Merger & Acquisition (If Any)

12.2.             Product Launches (If Any)

12.3.             Recent Developments

13. Porters Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products/Services

14. Competitive Landscape

14.1.             DeRoyal Industries, Inc.

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Products & Services

14.1.4. Financials (As Reported)

14.1.5. Recent Developments

14.1.6. Key Personnel Details

14.1.7. SWOT Analysis

14.2.             DermaRite Industries, LLC.

14.3.             3M

14.4.             Medline Industries, LP

14.5.             Gentell

14.6.             Dynarex Corporation

14.7.             Smith+Nephew

14.8.             Dukal, LLC

14.9.             Aspen Surgical Products, Inc.

14.10.          Essity Health & Medical

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Wound Closure Strips Market was estimated to be USD 312.1 million in 2023.

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DeRoyal Industries, Inc., DermaRite Industries, LLC., 3M, Medline Industries, LP, Gentell were some of the key players operating in the Global Wound Closure Strips Market.

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Adverse reactions and allergies and intense competition and market saturation are some of the major challenges faced by the Global Wound Closure Strips Market in the upcoming years.

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Rising incidence of chronic wounds, growing technological advancements in medical technology, growing preference for minimally invasive procedures and growing number of road accidents are the major drivers for the Global Wound Closure Strips Market.

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Sakshi Bajaal

Business Consultant
Press Release

Wound Closure Strips Market to Grow with a CAGR of 5.57% through 2029

Nov, 2024

The growing incidence of surgical procedures and growing preference for minimally invasive techniques is expected to drive the Global Wound Closure Strips Market growth in the forecast period, 2025-2