Surgical Incision Closure Market Research Report 2021-2031
The Surgical Incision Closure Market is expected to register a CAGR of 5.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX million by 2031.
The report is segmented by Surgical Incision Closure Market by Product Type (Disposable Surgical Incision Closure, Reusable Surgical Incision Closure); End users/Application (Esophagectomy, Gastrectomy, Colectomy, Proctectomy, Reconnect skin), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Surgical Incision Closure Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Surgical Incision Closure Market Segmentation
Product Type- Disposable Surgical Incision Closure
- Reusable Surgical Incision Closure
- Esophagectomy
- Gastrectomy
- Colectomy
- Proctectomy
- Reconnect skin
Strategic Insights
Surgical Incision Closure Market Growth Drivers- Rising Surgical Procedures and Complexities: As the number of surgeries goes up globally, especially with more aging populations and increasing cases of medical conditions, more surgical incision closure devices are in demand. Also, complex surgical procedures include organ transplants and other cancer surgeries, which may require advanced closure techniques to better heal, reduce complications, and promote faster recovery from the surgery, thus leading to the growth of this market.
- Advances in Surgical Closure Materials: Advances in material technology are creating new materials for surgical closure, such as bioabsorbable sutures, advanced adhesives, and staplers. The new materials have greater strength and flexibility with high biocompatibility that minimizes infection rates and fastens recovery time. Increasing demand for these materials in hospitals and clinics accelerates the surgical incision closure market.
- Increasing Trend for Minimally Invasive Surgeries: The trend for minimally invasive surgeries that have smaller incisions requires specialized surgical closure devices. Such surgical procedures need to be closely and effectively closed to minimize scarring and infections, thereby giving the patient a faster and better cosmetic recovery. So, as the popularity for minimally invasive techniques gains momentum, the market for surgical incision closure goes up.
- Technologies related to adhesive-based closing: Increasing usage of adhesive-based surgical incision closure methods, for example, skin adhesives and surgical glues is becoming very common. Alternative to suturing, these will provide fast application, reduced risks of infections, and minimal scar formation. Adhesive technology is highly used in out-patient care as well as in-hospital settings, which helps the market expand.
- Minimally invasive surgery increases the demand: The MIS is significantly changing the surgical incision closure market. With the size and invasiveness of surgeries decreasing, there is a growing need for accurate and efficient closure techniques. Staplers and advanced sutures are increasingly used in MIS, thereby driving demand for innovative and specialized incision closure products.
- Emphasis on Better Patient Outcomes and Recovery: There is a trend of producing surgical incision closure products, which will result in improved patient outcomes and increased rates of recovery. Techniques like no-scarring, reducing chances of infection, and supporting healing over time are being seen with more popularity. Considering better recovery, the need for enhanced surgical closure solutions, including self-healing and bioactive material systems, is increasing.
- Lower Complication Rates: Dehiscence and infection have been linked to a decrease in wound complications when knotless sutures are used. One study, for example, found that patients who used knotless barbed sutures had far lower incidence of problems than those who used typical knotted sutures. This decrease is explained by the lack of knots, which can lead to sites of stress and possible tissue irritation.
- Uniform Tension Distribution: A more even stress distribution throughout the incision is possible with knotless sutures. This feature, which applies tension uniformly rather than focused at knot sites, helps reduce local tissue ischemia and improves healing outcomes. such a factor is expected to assist the overall market growth in future years.
- Cost effectiveness: Studies show that knotless barbed sutures can result in ultimate cost savings since they use fewer sutures and have shorter closure periods, even if their initial material cost may be higher. For instance, a single barbed suture can frequently take the place of several conventional sutures, saving money on supplies and improving surgical effectiveness.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Surgical Incision Closure Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Surgical Incision Closure Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
North America segment accounted for the largest share in 2023 and is expected to retain its dominance during the forecast period
In Europe, Germany held the largest share in 2023.
Lower Complication rates
Europe held the second largest share in 2023.
The Surgical Incision Closure Market is estimated to witness a CAGR of 5.5% from 2023 to 2031
Selection of proper Materials
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Surgical Incision Closure Market - By Product Type
1.3.2 Surgical Incision Closure Market - By End users/Application
1.3.3 Surgical Incision Closure Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SURGICAL INCISION CLOSURE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SURGICAL INCISION CLOSURE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SURGICAL INCISION CLOSURE MARKET - GLOBAL MARKET ANALYSIS
6.1. SURGICAL INCISION CLOSURE - GLOBAL MARKET OVERVIEW
6.2. SURGICAL INCISION CLOSURE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SURGICAL INCISION CLOSURE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. DISPOSABLE SURGICAL INCISION CLOSURE
7.3.1. Overview
7.3.2. Disposable Surgical Incision Closure Market Forecast and Analysis
7.4. REUSABLE SURGICAL INCISION CLOSURE
7.4.1. Overview
7.4.2. Reusable Surgical Incision Closure Market Forecast and Analysis
8. SURGICAL INCISION CLOSURE MARKET - REVENUE AND FORECASTS TO 2028 - END USERS/APPLICATION
8.1. OVERVIEW
8.2. END USERS/APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ESOPHAGECTOMY
8.3.1. Overview
8.3.2. Esophagectomy Market Forecast and Analysis
8.4. GASTRECTOMY
8.4.1. Overview
8.4.2. Gastrectomy Market Forecast and Analysis
8.5. COLECTOMY
8.5.1. Overview
8.5.2. Colectomy Market Forecast and Analysis
8.6. PROCTECTOMY
8.6.1. Overview
8.6.2. Proctectomy Market Forecast and Analysis
8.7. RECONNECT SKIN
8.7.1. Overview
8.7.2. Reconnect skin Market Forecast and Analysis
9. SURGICAL INCISION CLOSURE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Surgical Incision Closure Market Overview
9.1.2 North America Surgical Incision Closure Market Forecasts and Analysis
9.1.3 North America Surgical Incision Closure Market Forecasts and Analysis - By Product Type
9.1.4 North America Surgical Incision Closure Market Forecasts and Analysis - By End users/Application
9.1.5 North America Surgical Incision Closure Market Forecasts and Analysis - By Countries
9.1.5.1 United States Surgical Incision Closure Market
9.1.5.1.1 United States Surgical Incision Closure Market by Product Type
9.1.5.1.2 United States Surgical Incision Closure Market by End users/Application
9.1.5.2 Canada Surgical Incision Closure Market
9.1.5.2.1 Canada Surgical Incision Closure Market by Product Type
9.1.5.2.2 Canada Surgical Incision Closure Market by End users/Application
9.1.5.3 Mexico Surgical Incision Closure Market
9.1.5.3.1 Mexico Surgical Incision Closure Market by Product Type
9.1.5.3.2 Mexico Surgical Incision Closure Market by End users/Application
9.2. EUROPE
9.2.1 Europe Surgical Incision Closure Market Overview
9.2.2 Europe Surgical Incision Closure Market Forecasts and Analysis
9.2.3 Europe Surgical Incision Closure Market Forecasts and Analysis - By Product Type
9.2.4 Europe Surgical Incision Closure Market Forecasts and Analysis - By End users/Application
9.2.5 Europe Surgical Incision Closure Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Surgical Incision Closure Market
9.2.5.1.1 Germany Surgical Incision Closure Market by Product Type
9.2.5.1.2 Germany Surgical Incision Closure Market by End users/Application
9.2.5.2 France Surgical Incision Closure Market
9.2.5.2.1 France Surgical Incision Closure Market by Product Type
9.2.5.2.2 France Surgical Incision Closure Market by End users/Application
9.2.5.3 Italy Surgical Incision Closure Market
9.2.5.3.1 Italy Surgical Incision Closure Market by Product Type
9.2.5.3.2 Italy Surgical Incision Closure Market by End users/Application
9.2.5.4 Spain Surgical Incision Closure Market
9.2.5.4.1 Spain Surgical Incision Closure Market by Product Type
9.2.5.4.2 Spain Surgical Incision Closure Market by End users/Application
9.2.5.5 United Kingdom Surgical Incision Closure Market
9.2.5.5.1 United Kingdom Surgical Incision Closure Market by Product Type
9.2.5.5.2 United Kingdom Surgical Incision Closure Market by End users/Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Surgical Incision Closure Market Overview
9.3.2 Asia-Pacific Surgical Incision Closure Market Forecasts and Analysis
9.3.3 Asia-Pacific Surgical Incision Closure Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Surgical Incision Closure Market Forecasts and Analysis - By End users/Application
9.3.5 Asia-Pacific Surgical Incision Closure Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Surgical Incision Closure Market
9.3.5.1.1 Australia Surgical Incision Closure Market by Product Type
9.3.5.1.2 Australia Surgical Incision Closure Market by End users/Application
9.3.5.2 China Surgical Incision Closure Market
9.3.5.2.1 China Surgical Incision Closure Market by Product Type
9.3.5.2.2 China Surgical Incision Closure Market by End users/Application
9.3.5.3 India Surgical Incision Closure Market
9.3.5.3.1 India Surgical Incision Closure Market by Product Type
9.3.5.3.2 India Surgical Incision Closure Market by End users/Application
9.3.5.4 Japan Surgical Incision Closure Market
9.3.5.4.1 Japan Surgical Incision Closure Market by Product Type
9.3.5.4.2 Japan Surgical Incision Closure Market by End users/Application
9.3.5.5 South Korea Surgical Incision Closure Market
9.3.5.5.1 South Korea Surgical Incision Closure Market by Product Type
9.3.5.5.2 South Korea Surgical Incision Closure Market by End users/Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Surgical Incision Closure Market Overview
9.4.2 Middle East and Africa Surgical Incision Closure Market Forecasts and Analysis
9.4.3 Middle East and Africa Surgical Incision Closure Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Surgical Incision Closure Market Forecasts and Analysis - By End users/Application
9.4.5 Middle East and Africa Surgical Incision Closure Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Surgical Incision Closure Market
9.4.5.1.1 South Africa Surgical Incision Closure Market by Product Type
9.4.5.1.2 South Africa Surgical Incision Closure Market by End users/Application
9.4.5.2 Saudi Arabia Surgical Incision Closure Market
9.4.5.2.1 Saudi Arabia Surgical Incision Closure Market by Product Type
9.4.5.2.2 Saudi Arabia Surgical Incision Closure Market by End users/Application
9.4.5.3 U.A.E Surgical Incision Closure Market
9.4.5.3.1 U.A.E Surgical Incision Closure Market by Product Type
9.4.5.3.2 U.A.E Surgical Incision Closure Market by End users/Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Surgical Incision Closure Market Overview
9.5.2 South and Central America Surgical Incision Closure Market Forecasts and Analysis
9.5.3 South and Central America Surgical Incision Closure Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Surgical Incision Closure Market Forecasts and Analysis - By End users/Application
9.5.5 South and Central America Surgical Incision Closure Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Surgical Incision Closure Market
9.5.5.1.1 Brazil Surgical Incision Closure Market by Product Type
9.5.5.1.2 Brazil Surgical Incision Closure Market by End users/Application
9.5.5.2 Argentina Surgical Incision Closure Market
9.5.5.2.1 Argentina Surgical Incision Closure Market by Product Type
9.5.5.2.2 Argentina Surgical Incision Closure Market by End users/Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SURGICAL INCISION CLOSURE MARKET, KEY COMPANY PROFILES
11.1. 3M
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. B. BRAUN MELSUNGEN AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BAXTER INTERNATIONAL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BTG INTERNATIONAL LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CRYOLIFE, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ETHICON INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GENZYME CORPORATION.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MEDLINE INDUSTRIES, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SMITH AND NEPHEW PLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TELEFLEX INCORPORATED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. 3M
2. B. Braun Melsungen AG
3. Baxter International Inc.
4. BTG International Ltd
5. CryoLife, Inc.
6. Ethicon Inc.
7. Genzyme Corporation.
8. Medline Industries, Inc.
9. Smith & Nephew PLC
10. Teleflex Incorporated
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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