North America Wound Closure Devices Market Analysis, Insight, Opportunities, Drivers, Challenges & Scope for Expand to 2029
North
America Wound Closure Devices Market is expected to reach the
value of USD 13.41 billion by the year 2029, at a CAGR of 4.16% during the
forecast period. The rise in the healthcare sector is propelling the wound
closure device market forward.
This wound closure devices 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.
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The incidence rate of pressure ulcers is rising
owing to the rapidly aging population and an increase in the incidence of
disabilities across the globe. In the U.S., around USD 11.00 billion is spent
every year on the treatment of pressure ulcers, as per NCBI. Furthermore, the
prevalence rate of pressure ulcers in nursing home patients is around 11.0% per
year. Similarly, the prevalence rate of venous leg ulcers ranges from 0.18% to
1.0%, as per NCBI. Venous leg ulcers are the most advanced form of chronic
venous disorders and the recurrence rate of these ulcers is more than 70.0%.
Such a high incidence of chronic wounds is anticipated to propel the demand for
wound closure devices over the forecast period.
Furthermore, in the recent past, there has been a rise in the
number of surgical procedures across the globe. Rising prevalence of chronic
diseases, such as cancer, diabetes, and autoimmune diseases, is one of the key
factors leading to an increase in the number of surgeries being performed. The
incidence of infectious and non-communicable diseases has increased over the
past few decades. These factors are likely to accelerate market growth during
the forecast period.
Highlight of the
table
·
Chapter 1:
Market overview
·
Chapter 2: North America Wound Closure
Devices Market Analysis
·
Chapter 3:
Regional analysis of the North
America Wound Closure Devices Market
·
Chapter 4:
Market segmentation based on types and applications
·
Chapter 5:
Revenue analysis based on types and applications
·
Chapter 6:
Market share
·
Chapter 7:
Competitive Landscape
·
Chapter 8:
Drivers, Restraints, Challenges, and Opportunities
·
Chapter 9:
Gross Margin and Price Analysis
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The major players covered in the
wound closure devices market report are Medtronic, Abbott, Medical Devices
Business Services, Inc, Integra LifeSciences Corporation, B. Braun Melsungen
AG, BSN medical, Smith & Nephew, Baxter, KCI Licensing, Inc, 3M, Teleflex
Incorporated, ConvaTec Group PLC and Arthrex, Inc among other. DBMR analysts
understand competitive strengths and provide competitive analysis for each
competitor separately.
Profound Questions Answered in this Report:
·
What is the growth rate of various stages in the value
chain of the industry?
·
Which region has the highest growth rate and size of the
emerging market by value in 2022?
·
Who are the competitive players in North
America Wound Closure Devices Market?
·
Which region has the largest share and degree of
competition in the industry?
·
What is the CAGR of the market during the forecast period
2022 to 2029?
·
Which region is expected to hold the highest market share
for the market?
·
What is the main driver of the North America Wound Closure
Devices Market?
·
What is sales volume, revenue, and price analysis of top
players of the market?
·
What are the market opportunities and threats faced by
the vendors in the industry?
·
What has been the impact of COVID-19 on the North America Wound Closure
Devices Market?
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