Skin and wound closure deals with healing of wounds, which can be caused by injury, trauma, diabetic complications or surgical procedures. This is done by sealing a wound and enabling the restoration of tissue function, using various traditional or advanced methods and devices such as hemostatic and sealing agents, topical tissue adhesives, moist wound dressing, active wound care and therapy devices, biosurgery products, etc.
Traditional skin and wound closure devices such as sutures and staples, which have dominated the market for many years, are the most widely used due to their effectiveness against risk factors associated with surgical site infections. The only restraint to traditional wound closure devices is that they need surgical removal after healing of the wound, hence resulting in the increased hospital visits and expensive treatment.
In an attempt to reduce hospital visits and stays, improve healing time and reduce surgical cost, a trend of substituting traditional devices with advanced wound closure devices such as absorbable sutures as opposed to non-absorbable sutures is emerging. In addition, topical tissue adhesives and sealants are being used in place of sutures or staples. This trend has also influenced the growth of active wound care segment, which consists of skin substitutes and growth factor products, such as Negative Pressure Wound Therapy (NPWT). NPWT helps in wound healing through application of negative pressure on the wound using foam dressings and is expected to witness strong growth in near future.
The market for skin and wound closure devices is driven by several factors such as rising aging population, increase in lifestyle diseases such as diabetes, obesity, and cardiovascular ailments, and increase in the volume of surgeries.
Even though, advanced wound closure market is growing, factors such as high costs of products, lack of trained physicians, unfavourable reimbursement policies and reluctance in adoption of new technologies may confine its market growth.
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