The North America Wound Closure Strips Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Wound Closure Strips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $103,509.3 Thousands 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.
Free Valuable Insights: The Wound Closure Strips Market is Predict to reach USD 354.5 Million by 2031, at a CAGR of 5.2%
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.
By Product Type
By Sterility
By Indication
By Distribution Channel
By End-use
By Country
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