Medical and Surgical Wound Closure, U.S. and Europe, 2011 and 2017

Markets for medical technologies are often dominated by the U.S. and Europe, with their well developed healthcare systems, payment systems and propensity to adopt advanced technologies (arguably, to a fault).

The market for advanced medtech products providing hemostasis, wound closure, wound sealing, anti-adhesion and other functions is no less the case.  The U.S. still drives the lion's share of the worldwide market, while Europe, for all its collective buying power, still runs a close second.

The 2011 and 2017 markets for products in surgical securement, encompassing sutures & staples, other mechanical closure, tapes, hemostats, fibrin & other sealants, high-strength medical adhesives, and post-surgical adhesion prevention products, are illustrated for the U.S. and Europe below, drawn from the February 2012 MedMarket Diligence Report #S190, "Worldwide Surgical Sealants, Glues, Wound Closure and Anti-Adhesion Markets, 2010-2017."  The relative balance of market contribution by each is expected to change little during the forecast period, with comparable growth for both U.S. and European markets.

Source: MedMarket Diligence, LLC; Report #S190.

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