Competitive Landscape in Wound Sealants and Closure

The global market for products used in wound closure encompasses sutures/staples, tapes, specialized vascular closure devices, hemostats, and surgical sealants. Some well known companies dominate some segments, but the market remains open to innovations by others. As a result, the balance of control of each segment has continued to shift. Below is illustrated the overall market shares of companies in this market.

Screen Shot 2015-03-12 at 8.36.00 AM

A: 3M
B: Abbott Vascular
C: Access Closure
D: B.Braun
E: Baxter
F: C.R. Bard
G: Covidien
H: CryoLife
I: CSL Behring
J: Equimedical BV
K: Ethicon/J&J
L: Pfizer
M: St. Jude Medical
N: Others

Source: MedMarket Diligence, LLC; Report #S192.

 

Leave a Reply