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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