Surgical Incision Closures Market to Reach $8.4 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
Sales potential of surgical incision closures is to a great extent related to the incidence of number of surgeries performed and the availability of professional surgical expertise. Innovations such as absorbable sutures and tissue sealants continue to sustain growth in the global surgical incision closures market, propelling sales to exceed $8.4 billion by 2015.
San Jose, CA (PRWEB) November 11, 2008 -- Surgical incision closures market holds enormous significance, due to the millions of surgical procedures being performed each year. Surgical disciplines such as cardiology, obstetrics/gynecology, orthopedics, and plastic surgery, have highly specific requirements for different closure products. Effective closure of surgical incisions in an operative patient's organs is an essential post surgical process to regain anatomical function and tissue integrity. The surgical incision closures market has undergone a metamorphosis following the introduction of a greater number of biomaterials and synthetic materials that can reduce the time required for healing and enhance patient comfort. The trend towards minimally invasive surgery is one of the decisive factors affecting the market for surgical incision closure products.
United States, Europe and Japan dominate the global surgical incision closures market with more than 80% share of sales for 2008, as stated in a recent report by Global Industry Analysts, Inc. Asia Pacific represents the fastest growing regional market for surgical incision closures. Worldwide Tissue sealants market is projected to witness the fastest growth, as the market gains significance due to speed and simplicity offered in wound sealing. Tissue sealants market in the United States is projected to reach US$266.3 million by 2010.
European market for surgical incision closures products continues to witness an onslaught of trends including a massive shift from conventional sutures towards synthetic absorbable sutures. In Europe, absorbable sutures market is projected to reach US$644.2 million by 2012. Major markets in the region include France, Germany, Italy, and United Kingdom, accounting for about three-fourths share of the sales in 2008.
Key players profiled in the report include 3M Healthcare, Advanced Medical Solutions Group Plc, Aesculap, Baxter International, Covidien Ltd., Derma Sciences Inc., Ethicon Inc., Genzyme Biosurgery, Haemacure Corporation, Smith & Nephew, and Teleflex Medical.
The report, titled "Surgical Incision Closures: A Global Strategic Business Report" published by Global Industry Analysts, Inc., covers major market dynamics, trends, issues, and competition pertaining to the market. The report enumerates recent product innovations, developments, mergers, acquisitions and other strategic industry activities. The study analyzes the market across four major segments, namely Stapler Products (Internal Stapler, Skin Staplers, Surgical/Ligature Clips and Vascular Clips), Suture Products (Absorbable Sutures and Non Absorbable), Tape Closures, and Tissue Sealants. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America. Analytics are provided for the period 2000-2015.
For more details of this research report, please visit http://www.strategyr.com/Surgical_Incision_Closures_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com/
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