The global non-invasive surgical wound closure market size was valued at USD 14.12 Billion in 2022 and is likely to reach USD 25.64 Billion by 2030 with a CAGR of 7.2% during the forecast period.
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➤ The demand for non-invasive surgical wound closure is expected to increase due to the increasing prevalence of cosmetic surgeries.
The demand for the global non-invasive surgical wound closure market is anticipated to increase due to the growing demand for cosmetic surgeries and the trend of shifting preferences from invasive to non-invasive surgery options. The global noninvasive surgical wound closure market is experiencing growth due to factors such as time-saving, cost-effectiveness, reduced chances of infection, quick healing, immediate wound sealing, and the elimination of needle stick injuries.
➤ The market is hindered by exorbitant costs and a lack of awareness regarding the techniques.
Regulatory hurdles in obtaining approvals, limited reimbursement policies, lack of awareness regarding the benefits of non-invasive wound closure techniques, higher costs compared to traditional methods, and the preference for traditional surgical procedures by some healthcare professionals and patients are among the challenges that the non-invasive surgical wound closure industry may encounter. The development and adoption of non-invasive surgical wound closure techniques may be restricted by these factors.
➤ The market is presented with numerous opportunities due to the persistent advancements in technology and the increasing use of robotics in surgical procedures.
The expanding global non-invasive surgical wound closure market presents numerous opportunities as a result of the increasing demand for minimally invasive procedures, the increasing prevalence of chronic diseases, and the aging population. The demand for non-invasive wound closure techniques is being driven by the benefits of speedier healing, reduced pain, and fewer complications.
➤ The market may face a challenge due to the elevated competition from conventional methods and the scarcity of skilled professionals.
The non-invasive surgical wound closure industry is confronted with a variety of challenges, including the high cost of these products, the potential side effects of certain products, the lack of qualified professionals to use advanced wound closure products, and the high competition from traditional surgical methods. Additionally, the market’s expansion may be restricted by deficient reimbursement policies and a lack of standardization.
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The Global Non-Invasive Surgical Wound Closure Market is segmented based on product, application and region
Global Non-Invasive Surgical Wound Closure Market: Product Segment Analysis
● Adhesive
● Natural
● Synthetic
● Adhesive Barrier Products
● Hemostats
● Mechanical Active
● Flowable
● Sealants
● Fibrin
● Surgical
Global Non-Invasive Surgical Wound Closure Market: Application Segment Analysis
● Hospital
● Clinics
● Dermatological Clinical
● Ambulatory Surgical Centers
● Emergency Service Centers
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The global Non-Invasive Surgical Wound Closure market profiles key players such as:
● Surgical Specialties Corporation
● Zipline Medical Inc.
● 3M Corporation
● Baxter International Inc.
● Advanced Medical Solutions Group Plc
● Teleflex Medical OEM, Medi-zip GmbH
● Abbott Laboratories
● Smith and Nephew
● Medtronic Inc.
● Aesculap AG and Co.KG
???? Recent Developments
• Ethicon, a subsidiary of Johnson & Johnson, introduced the DERMABOND PRINEO skin closure system in June 2021. This non-invasive wound closure product integrates a topical skin adhesive with a self-adhering mesh membrane. The product is engineered to reduce the necessity for conventional sutures or staples, while simultaneously ensuring a secure and dependable wound closure. In addition, it decreases the likelihood of infection and scarring, and it facilitates speedier healing.
• 3M Company, a prominent multinational corporation headquartered in the United States, introduced its Steri-Strip™ S surgical skin closure in March 2021. This reinforced adhesive strip provides a secure wound closure and increased tensile strength. The product is intended to offer a wound closure method that is more efficient and less invasive, thereby reducing the risk of infection and scarring. It is also intended to be more rapid. It is applicable in a diverse array of surgical procedures, such as orthopedic, general, and plastic surgery.
➤ In 2022, the global market was primarily dominated by North America.
The global noninvasive surgical wound closure market is primarily dominated by North America in terms of revenue. This is attributed to a variety of factors, including the rising demand for cosmetic surgeries, the increasing number of surgical centers, the affordability of healthcare, and the high disposable income of working individuals. Additionally, the market is characterized by a quick and safe process. The Asia Pacific region is also experiencing rapid growth as a result of the following factors: the rising awareness of modern surgical instruments and techniques, the presence of a large patient pool undergoing surgical treatments, the implementation of various initiatives to reduce the increasing healthcare expenditure, the advancement in medical devices, and the increase in the number of approved skin closure products. Europe is also experiencing rapid growth as a result of the increasing demand for less infectious procedures and the development of innovative products.
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