(Amherst, NH) – With tens of millions of surgical procedures performed annually, the market for wound closure products and techniques is significant. In the U.S. alone, more than one hundred thousand surgeries are being performed daily. This market is expected to grow further as an aging world population creates increased demand for all types of surgical intervention, particularly cardiovascular, orthopedic, urological, and dermatological procedures. The emerging generation of wound closure products and technologies, comprised of biologically-derived and synthetic sealants and energy-based wound closure methods, are well-positioned to capitalize on this growth.
The trend toward faster, simpler closure techniques is being driven in large part by strides in the processing of proteins possessing natural adhesion properties. Biological sealants based on natural adhesion promoters such as fibrin, platelet gels, modified collagen, and recombinant proteins are gaining market share. Their ability to improve existing closure techniques and in some applications to replace mechanical fastening methods is driving growth in this product segment.
These findings are contained in a new and comprehensive report: Advanced Wound Closure: Technology, Demand Factors, Strategies and Prospects. The report contains detailed assessments of advanced wound closure technology and products, profiles of market participants, industry data and forecasts, and detailed analysis of regulatory and market factors.
More information is available at www.greystoneassociates.org .
About Greystone
Greystone Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.
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Source: Greystone Associates
