DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/01da8c/wound_closure_devi) has announced the addition of GlobalData's new report "Wound Closure Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016" to their offering.
Wound Closure Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts provides key data, information and analysis on the global wound closure devices market. The report provides market landscape, competitive landscape and market trends information on the wound closure devices market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by a team of industry experts.
The Global Wound Closure Devices Market is expected to Grow at a CAGR of 5% from 2009-2016
The global wound closure devices market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5% between 2009 and 2016. The global wound closure devices market had revenues of $2.8 billion in 2009, and is forecast to reach $3.9 billion in 2016. Increased surgical procedures and rise in the number of chronic wounds will drive the wound closure devices market in the future. The market will be driven by the high growth rates of hemostats and tissue sealants segments.
The Global Wound Closure Devices Market to be Driven by Increasing Surgeries and High Prevalence of Diabetes Leading to Chronic Wounds
The growth of the wound closure devices market is proportional to the prevalence of wounds. Formation of wounds can be attributed to several factors, but the major factors are the rise in the prevalence of diabetic cases which cause and slow the healing process of chronic wounds; An aging population also contributes to a higher prevalence of wounds as wound closure takes significantly more time and effort to heal; and surgical procedures that require incisions and subsequently, wounds. According to the World Diabetes Foundation (WDF), an estimated 285 million people, corresponding to 6.4% of the world's adult population, will live with diabetes in 2010. By 2030, this number is expected to increase to 438 million. The rise in the number of cosmetic procedures will spur an increase in the number of surgical procedures performed globally.
The number of cosmetic procedures performed in the US was 12.5 million in 2009, up from 7.4 million in 2000. Rising health awareness about the latest available treatments will lead to the increased adoption of the latest products in the wound closure devices market.
Key Topics Covered:
1 Table of contents
2 Introduction and Overview
3 Wound Closure Devices Overview
4 Global Wound Closure Devices: Market Characterization
5 Wound Closure Devices Market: Segment Analysis
6 Global Wound Closure Devices Market, by Country, Revenue ($m), 2002 - 2016
7 Wound Closure Devices Market: Strategic Competitive Assessment
8 Global Wound Closure Devices Market: Strategic Pipeline Assessment
9 Appendix
Companies Mentioned:
- Covidien Inc.
- Ethicon Inc.
- Baxter International Inc.
- Nycomed International Management GmbH
- B. Braun
For more information visit http://www.researchandmarkets.com/research/01da8c/wound_closure_devi