Wound Closure Devices Market to 2019 - New Product Launches and Favorable Clinical Outcomes for Tissue Sealants and Hemostats Drive Physician Adoption By GBI Research
Wound Closure Devices Market to 2019 - New Product
Launches and Favorable Clinical Outcomes for Tissue Sealants
and Hemostats Drive Physician Adoption
About the Publisher
GBI Research provides industry-leading global business intelligence solutions. Our products and services
help companies make better business decisions, win business and position themselves more effectively.
GBI Research publishes more than 100 research reports per annum across a wide range of industries.
Our reports draw on in-depth primary and secondary research, databases of proprietary in-house data
and high quality analysis from our expert teams. GBI Research employs hundreds of highly qualified
Analysts across the US, Europe and Asia.
Key report types currently published by GBI Research include:
•Market Intelligence Reports: premium analytical reports based on a combination of market data,
company, deals and project content, industry surveys and additional primary and secondary research.
•Benchmarking Reports: analytical reports comparing key financial indicators for the top 20 companies
in a particular industry and geography.
•Industry Outlook Reports: survey-based reports, revealing and analyzing the leading experts' opinions
on the future of the industry covered.
•Market Profiles: overview-level reports based on market, company and demographic data.
•Pipeline Analysis Reports: reports analyzing the unmet need, market size and product pipeline for
different disease indications, based on a detailed database of developmental products.
Cosmetic Surgery Popularity to Push Global Wound Closure Devices Revenue to $4.7 billion by 2019
A global increase in the number of surgeries and a shifting preference towards more advanced technologies will
play a key role in driving the wound closure devices market by the end of the decade, says a new report from
business intelligence provider GBI Research.
According to the company’s latest report*, the global wound closure devices market will increase at a
Compound Annual Growth Rate (CAGR) of 5% between 2012 and 2019, reaching a value of $4.7 billion by the
end of the forecast period The US is expected to remain the largest consumer, due mainly to the rising
popularity of aesthetic surgeries, which demand devices that minimize the chance of scarring and post-surgical
Traditional wound closure techniques involve the use of sutures, commonly known as stitches, while modern
methods comprise staples, adhesives, hemostats and sealants. Their primary function is to close a wound, both
internally and externally, and stop bleeding through hemostasis, which stops the blood flow through
“Cosmetic surgery is one of the fastest growing types of surgical procedure,” says Rashmi Nishtala, analyst at GBI
Research. “Tissue sealants and hemostats are emerging as the preferred wound closure method in this sector, as
they ensure a positive aesthetic outcome, offering not only rapid hemostasis, but also minimizing chances of
scarring or surgical site infections when compared with traditional wound closure devices.
GBI Research states that increase of orthopaedic procedures will also boost the wound closure devices market.
In the US alone, procedures such as knee replacements, spinal fusions and hip replacements have experienced a
cumulative growth of 84%, 96% and 33%, respectively, from 1997 to 2009.
View This Report
“Orthopaedic procedures have proved to be instrumental in the rapid uptake of wound closure
devices as they are more complicated and are associated with longer operating times,” says
Nishtala. “The more effective hemostasis offered by modern devices can reduce the operating
times, improve surgical outcomes, and also bring down overall associated medical costs.
However, states the report, the increase in minimally invasive surgical procedures could hinder the
growth of some wound closure devices such as ligating clips and staplers, with patients preferring
to avoid traditional open surgery where possible.
* Wound Closure Devices Market to 2019 - New Product Launches and Favorable Clinical Outcomes
for Tissue Sealants and Hemostats Drive Physician Adoption
This report looks at the market, competitive landscape, and trends for the five wound closure
devices market segments: mechanical stapling devices, hemostats, tissue sealants, ligating clips,
and wound closure strips. It provides comprehensive information on the key trends affecting these
segments, and key analytical content on the market dynamics. The report also reviews the
competitive landscape, analyzes each segment’s pipeline products and gives details of important
This report was built using data and information sourced from proprietary databases, primary and
secondary research, and in-house analysis conducted by GBI Research’s team of industry experts.
View More Reports from this Publisher
Obesity Therapeutics to 2019 - Safety Concerns Hinder Drug Performance Despite
Large Market Opportunity Aug 31, 2013
Multiple Sclerosis Therapeutics to 2019 - Treatment Diversification, Increasing
Efficacy, and Pipeline Innovation Combine to Drive Growth July 31, 2013
Chronic Obstructive Pulmonary Disease (COPD) Market to 2019 - Highly-Priced
New Combination Products Forecast to Capture Significant Market Share and Drive
Growth June 30, 2013
Immunoglobulins Market to 2019 - Demand in Primary Immunodeficiency (PI) and
Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Potentially
Supplemented by Approvals for Alzheimer’s Disease May 14, 2013
X-ray Systems Market to 2019 - Enhanced Imaging Capability, Better Procedural
Efficiency and Portability to Drive Future Growth of Digital X-ray Systems April 8, 2013
ADHD Therapeutics Market to 2018 - New Diagnostic Parameters for Adult ADHD
Offer Hope for Higher Rates of Treatment April 30, 2013
Critical Care Market to 2019 - Growth from Factor Concentrates New Indications
and Increasing Demand for Albumin in Asia-Pacific May 14, 2013
Advanced Wound Management Market to 2019 - Increasing Incidence of Diabetes
Leading to Chronic Wounds in Emerging Countries will Drive Future Growth June 3, 2013
MarketResearch.com provides market research solutions to business professionals
seeking to enhance their business goals. We provide a number of business intelligence
solutions, from individual market research reports from over 700 leading global
publishers, to Knowledge Centers where clients can discover deeper business insight
products into a topic over time. Or perhaps your business needs a much wider view across
multiple industries and topics, if so, our Profound solution allows you to select specific
parts (graphs, tables, charts or sections) from different market research reports.
Our Account Managers have in-depth knowledge of the publishers and the various types
of reports in their respective industries. They give you unbiased and qualitative insights on
which reports will best meet your needs.
If you are interested in expanding your business or growing your market share, contact us
to get a free Consultation to Assess your Market Research Needs. We can help tailor a
solution that suits your unique business goals. One of our Account Managers will get right
back in touch with you.
For More on this Report and Additional Research