Market Overview:
The global skin closure systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of surgical procedures, rising awareness about wound care, and technological advancements in skin closure products. Based on type, the global skin closure systems market is segmented into skin closure strips, glues, and others. The glues segment is expected to grow at a CAGR of 6.0% from 2018 to 2030 due to its high adhesive strength and easy application process. Based on application, the global skin closure systems market is segmented into post-surgery wounds, wound care products, and others. The post-surgery wounds segment accounted for the largest share of the global skin closure systems market in 2017 owing to an increase in surgical procedures across the globe.
Product Definition:
Skin closure systems are devices that are used to close wounds. They may be made of natural materials, such as suture thread, or they may be made of synthetic materials, such as staples or surgical glue.
Skin Closure Strips:
SKIN CLOSURE STRIPS are used in the treatment of cutaneous lesions, surgical incisions and burn wounds. They are also useful for treating pressure ulcers, diabetic foot ulcers and venous leg ulcers. SKIN-CLOSURE is a system developed by 3M which consists of a wide range of products to treat various skin conditions such as Wound Care System (WCS), Skin Closure Strips & Tapes and other accessories.
Glues:
Glue is a natural protein that helps in the adhesion of cells and tissues. It is mainly produced by the skin and bones of animals, including cattle, horses, pigs, cats & dogs. The glue from these sources has high demand due to its ability to provide strong adhesion between two surfaces which makes it an essential ingredient for wound closure procedures.
Application Insights:
The wound care segment dominated the global skin closure systems market in 2017. This is attributed to increasing cases of chronic wounds across the globe. For instance, as per the National Center for Biotechnology Information (NCBI), around 6% to 12% of total population in developed countries suffer from some form of chronic wounds every year. Furthermore, as per a study published by NCBI in 2018, around 60 million people suffer from venous leg ulcers and it is estimated that this number will increase to 80 million by 2030 due to rising obesity levels globally. These factors are anticipated to boost product demand over the forecast period.
The others segment includes surgical and traumatic closures such as nasal closure devices, ear lobe reconstruction surgeries etc., wherein skin closure systems are used for reconstructive purposes after injury or surgery has been performed on affected area of body parts such as face & ears etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key companies, rising adoption of advanced medical devices and high healthcare expenditure in this region. Moreover, growing demand for cosmetic surgeries is also expected to drive regional growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising disposable income levels and improving healthcare infrastructure coupled with a large population base in this region will support market development.
Major players operating in this industry include 3M; Johnson & Johnson Services Inc.; BSN Medical Products Pvt Ltd.; Medtronic; Stryker Corporation; Zimmer Biomet Holdings Inc.; Terumo BCT Corp.; Baxter International Inc.; Abbott Laboratories; Alcon Laboratories N.V., LLC; Advanced Tissue Sciences, Inc.
Growth Factors:
- Increasing incidence of skin injuries and surgeries: The increasing incidence of skin injuries and surgeries is one of the key growth drivers for the global skin closure systems market. This is because the use of skin closure systems helps in reducing the healing time and also minimizes scarring.
- Rising demand for advanced wound care products: The rising demand for advanced wound care products is another major growth driver for the global skin closure systems market. This is because advanced wound care products help in providing better healing outcomes as compared to traditional methods.
- Growing awareness about benefits of using skin closure systems: There has been a growing awareness about the benefits of using skin closure systems among healthcare professionals as well as patients across the globe, which is driving the growth of this market significantly.
- Technological advancements in product offerings: The technological advancements in product offerings are another key factor fuellingthegrowthoftheskinclosure systemsmarketacrosstheglobe .Thisisthushelpinginofferingbetterandmoreadvancedproductsinthemarketthatmeettheneedsandrequirementsofpatientsandhealthcareprofessionalsalike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Skin Closure Systems Market Research Report
By Type
Skin Closure Strips, Glues, Others
By Application
Post-Surgery, Wound Care, Others
By Companies
M, ZipLine Medical, Ethicon, Smith and Nephew, Medline Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Skin Closure Systems Market Report Segments:
The global Skin Closure Systems market is segmented on the basis of:
Types
Skin Closure Strips, Glues, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Post-Surgery, Wound Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- ZipLine Medical
- Ethicon
- Smith and Nephew
- Medline Industries
Highlights of The Skin Closure Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skin Closure Strips
- Glues
- Others
- By Application:
- Post-Surgery
- Wound Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Skin Closure Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Skin closure systems are medical devices that help to close wounds and defects in the skin. They can be used to cover large areas of skin, or smaller areas where a traditional bandage would not fit.
Some of the key players operating in the skin closure systems market are M, ZipLine Medical, Ethicon, Smith and Nephew, Medline Industries.
The skin closure systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Skin Closure Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Skin Closure Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skin Closure Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Skin Closure Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Skin Closure Systems Market Size & Forecast, 2020-2028
4.5.1 Skin Closure Systems Market Size and Y-o-Y Growth
4.5.2 Skin Closure Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Skin Closure Strips
5.2.2 Glues
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Post-Surgery
6.2.2 Wound Care
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skin Closure Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Skin Closure Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Skin Closure Strips
9.6.2 Glues
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Post-Surgery
9.10.2 Wound Care
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Skin Closure Strips
10.6.2 Glues
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Post-Surgery
10.10.2 Wound Care
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Skin Closure Strips
11.6.2 Glues
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Post-Surgery
11.10.2 Wound Care
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Skin Closure Strips
12.6.2 Glues
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Post-Surgery
12.10.2 Wound Care
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Skin Closure Strips
13.6.2 Glues
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Post-Surgery
13.10.2 Wound Care
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Skin Closure Systems Market: Competitive Dashboard
14.2 Global Skin Closure Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 ZipLine Medical
14.3.3 Ethicon
14.3.4 Smith and Nephew
14.3.5 Medline Industries
