Wound Closure Strips Market

Wound Closure Strips - Global Market Outlook (2019-2027)

4.9 (47 reviews)
Published: June 2020 ID: SMRC19308
4.9 (47 reviews)
Published: June 2020 ID: SMRC19308

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Wound Closure Strips Market is accounted for $266.63 million in 2019 and is expected to reach $531.27 million by 2027 growing at a CAGR of 9.0% during the forecast period. Rising public and private healthcare expenditure and high demand for superior medical technologies are propelling the growth of the market. However, lack of awareness and shortage of resources is hampering the market growth.

Wound closure strips are porous surgical tape strips which can be utilized to lock small injuries. They are applied over the cuts in a way which pulls the skin on either side of the injury together. Wound closure strips may be utilized instead of sutures (stitches) in certain injuries, as they decrease scarring and are simpler to care for.

Based on the application, the household segment is going to have a lucrative growth during the forecast period due to laceration and cuts obtained while performing daily household chores and ease and convenience in the application of these strips. By geography, North America is going to have a lucrative growth during the forecast period due to the rise in the number of surgeries performed and the looming threat associated with surgical site infection.

Some of the key players profiled in the Wound Closure Strips Market include 3M, Zipline Medical (Stryker), Smith & Nephew plc, priMED Medical Products, Inc., McKesson Medical-Surgical Inc. (McKesson Corporation), Dynarex Corporation, DermaRite Industries, LLC., Cardinal Health, BSN medical (Essity Aktiebolag (publ.)), and DUKAL.

Types Covered:
• Reinforced
• Flexible

Sterilities Covered:
• Non-Sterile Type
• Sterile Type  

Applications Covered:
• Travel
• Office
• Household
• Hospital
• Clinical

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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