The US market dominated the North America Wound Closure Strips Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $103.50 millions by 2031. The Canada market is experiencing a CAGR of 6.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 5.9% during 2024-2031.
The wound closure strips market is a dynamic segment of the broader wound care industry that is essential to the modern healthcare sector. It offers effective solutions for the treatment of surgical incisions, injuries, and wounds.
Additionally, as medical science advances and the demand for less invasive, more patient-friendly methods of wound closure grows, wound closure strips have emerged as a preferred option in many clinical scenarios.
The region benefits from advanced healthcare systems and widespread access to medical innovations, which ensure that products like wound closure strips are in high demand. The National Library of Medicine estimates that approximately 40 to 50 million significant surgeries are conducted annually in the United States. Furthermore, the U.S. Census Bureau reports that by 2030, all baby boomers will be 65 years of age or older, resulting in one in every five Americans being of retirement age. This will increase the demand for wound care products, particularly for conditions that necessitate frequent wound management, such as diabetic foot ulcers and pressure ulcers.
Based on Product Type, the market is segmented into Flexible and Reinforced. Based on Sterility, the market is segmented into Sterile and Non-Sterile. Based on Indication, the market is segmented into Surgical Wounds and Lacerations & Minor Cuts. Based on Distribution Channel, the market is segmented into Institutional Sales and Retail Sales. Based on End-use, the market is segmented into Hospitals, Specialty Clinics, Home Healthcare, Physician’s Office, Nursing Homes, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- DeRoyal Industries, Inc.
- DermaRite Industries, LLC
- 3M Company
- Medline Industries, LP
- Dynarex Corporation
- Smith & Nephew plc
- Aspen Surgical Products, Inc.
- Essity AB (BSN Medical)
- Aero Healthcare AU Pty Ltd.
- Gentell
Market Report Segmentation
By Product Type
- Flexible
- Reinforced
By Sterility
- Sterile
- Non-Sterile
By Indication
- Surgical Wounds
- Lacerations & Minor Cuts
By Distribution Channel
- Institutional Sales
- Retail Sales
By End-use
- Hospitals
- Specialty Clinics
- Home Healthcare
- Physician’s Office
- Nursing Homes
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- DeRoyal Industries, Inc.
- DermaRite Industries, LLC
- 3M Company
- Medline Industries, LP
- Dynarex Corporation
- Smith & Nephew plc
- Aspen Surgical Products, Inc.
- Essity AB (BSN Medical)
- Aero Healthcare AU Pty Ltd.
- Gentell
Methodology
LOADING...