Latest News- Wound Closure Strips Market: Hospital is expected to lead the Application segment during 2025-2029

The Wound Closure Strips Market is being driven by Increasing focus on minimizing surgical site infections (SSIs)

The Wound Closure Strips Market is expected to grow at a CAGR of 4.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 102.8 million. In the dynamic wound care market, the incorporation of antimicrobial agents such as silver, iodine, and honey into advanced wound closure strips is gaining significant traction. These agents enhance the efficacy of wound treatments by preventing bacterial infections. These innovative wound dressings exhibit distinct chemical and physical properties, offering optimal functionality for both partial and full-thickness wounds. End-users increasingly prefer combination dressings due to their ease of use and availability, as they integrate multiple wound care functions, including absorption, adhesion, and bacterial protection, into a single, convenient dressing. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Hospital
  • Clinics
  • Others
• Product
  • Elastic wound closure strips
  • Reinforced wound closure strips
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing focus on minimizing surgical site infections (SSIs)
• Higher preference over alternatives
• Increasing prevalence of wounds

However, the market also witnesses some limitations, which are as follows:

• Rise in number of alternatives
• Lack of awareness and shortage of resources
• Emerging minimally invasive surgeries

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Market Scope in Wound Closure Strips Market Research Report

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Research Analysis Overview

In the realm of healthcare, Wound Closure Strips refer to adhesive strips utilized for closing various types of wounds, including incisions, lacerations, and skin damages. These strips offer alternatives to traditional methods like surface stitches, staples, and sutures in surgical procedures, trauma cases, and chronic wounds. The Zipline closure system is a notable example, facilitating the adherence of skin flaps during surgeries. These strips are beneficial for joint injuries, orthopedic practices, and wound healing by promoting keratinocytes and granulation tissues growth. They cater to small wounds, lacerations, and trauma centers, employing diverse materials such as glue, zipties, and molecules to ensure effective closure. Healthcare providers rely on these strips to expedite the healing process and minimize scarring.

Market Research Overview

The global healthcare supplies market encompasses businesses involved in the research and development of medical consumables, including adhesive strips for wound closure, used in diagnosing and treating various conditions. According to Technavio, the healthcare supplies market size is determined by the consolidated revenue of manufacturers of medical supplies such as syringes, drapes, gloves, and gowns. Factors driving market growth include an aging population, with the global population aged 60 and above projected to increase significantly, reaching nearly one-quarter of the US population by 2050 and Europe by 2030. This demographic shift will lead to a rise in surgical procedures due to trauma cases and elective surgeries for joint repairs and laceration healing, thereby boosting demand for wound closure strips and other medical supplies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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