Global Wound Closure Devices Market 2010-2014

Infiniti Research Limited, December 2011, Pages: 34

TechNavio’s analysts forecast that the Global Wound Closure Devices market is expected to grow at a CAGR of 5.3 percent over the 2010–2014 period. One of the key factors contributing to this market growth is increasing demand for synthetic sealants worldwide. The Global Wound Closure Devices market has also been witnessing the introduction of innovative wound closure devices. However, growth in minimally invasive surgeries could pose a challenge to the growth of this market.

Key vendors dominating this market space include Covidien, Ethicon Inc., Baxter International Inc., Nycomed International Management GmbH, and B. Braun Melsungen AG.

TechNavio’s Global Wound Closure Devices Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions, and covers the devices used for the closure of surgical incisions through treatments and surgeries.

Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?

01. Executive Summary
02. Introduction
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 Covidien
11.2 Ethicon Inc.
11.3 Baxter International Inc.
11.4 Nycomed International Management GmbH
11.5 B. Braun Melsungen AG
12. Other Reports in this Series

List of Exhibits:
Exhibit 1: Global Wound Closure Devices Market 2010–2014 (US$ billion)
Exhibit 2: Global Wound Closure Devices Market by Geographical Segmentation 2010
Exhibit 3: Global Wound Closure Devices Market by Category Segmentation
Exhibit 4: Global Wound Closure Devices Market by Vendor Segmentation 2010

TechNavio Announces the Publication of its Report – Global Wound Closure Devices Market 2010–2014

TechNavio today launched its Global Wound Closure Devices Market 2010–2014 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aids decision makers’ understanding of the present and the future landscape of this market.

Commenting on the report, an analyst from TechNavio’s Healthcare team said, “The increasing demand for minimally invasive surgeries is affecting the growth prospects of the Global Wound Closure Devices market. These surgeries not only reduce suture usage but also invariably have a dampening effect on the use of mechanical wound closure devices and wound strips. Moreover, minimally invasive surgeries cause a notable reduction in the size of the incision, and thereby reduce the volume of suture required to close traditionally large incisions.”

TechNavio’s report highlights that growing awareness among patients and surgeons about painless wound closure devices is supporting the use of products such as skin and tissue adhesives. These products are safe and easy to use compared with the conventional sutures and staples, while at the same time relieving the patient of the pain and subsequent removal of sutures. Meanwhile, the increasing number of plastic surgeries is promoting the use of synthetic absorbable sutures.

Key findings from the report:
- Increase in Demand for Synthetic Sealants
- Introduction of Innovative Wound Closure Devices
- Vendors Shifting to Absorbable Sutures

The contents of this report are based on research conducted on an objective combination of primary and secondary scores, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

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