Global Abdominal Closure Systems Market Poised for Significant Growth, Projected to Reach USD 245.0 Million by 2034, Driven by Rising Surgical Procedures and Post-Operative Care Awareness | FMI

The global abdominal closure systems market is set for steady expansion over the next decade, driven by advancements in surgical procedures and increasing demand for improved wound closure solutions. According to recent market projections, the industry, valued at USD 142.1 million in 2024, is expected to reach USD 245.0 million by 2034, reflecting a CAGR of 5.6%.

The rising incidence of abdominal surgeries, growing preference for minimally invasive procedures, and advancements in biomaterial-based closure technologies are key factors fueling this growth. In 2024, sales of abdominal closure systems are expected to grow at a Y-o-Y rate of 5.5%, marking an increase from USD 134.5 million in 2023.

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Abdominal closure systems play a crucial role in the post-operative recovery process following abdominal surgeries, such as hernia repairs and other abdominal procedures. These systems typically include components like sutures, mesh, and adhesive strips, which ensure effective wound healing and reduce the risk of infection. With increasing numbers of individuals undergoing abdominal surgeries globally, the demand for advanced abdominal closure systems is expected to rise substantially.

Several factors contribute to the market’s expansion, including growing awareness about the importance of post-operative care and an increasing focus by healthcare professionals on reducing complications post-surgery. Additionally, key market players are actively seeking regulatory approvals for innovative products to enhance wound healing and minimize complications, which is likely to drive market growth during the forecast period.

The market’s upward trajectory is further supported by the overall healthcare sector’s shift towards more effective surgical practices, promoting faster recovery and improved patient outcomes. As surgical techniques continue to advance, the abdominal closure systems market is poised for sustained growth, driven by innovation, rising surgical procedures, and an increasing focus on optimal patient care.

The abdominal closure systems market is thus on track to become a key segment in the global healthcare landscape, benefiting from the convergence of medical advancements and an increasing demand for quality post-surgical recovery solutions.

Key Takeaways:

• United Kingdom market is expected to grow at a modest 2.0% Value CAGR from 2024 to 2034.
• With a strong growth trajectory, China is anticipated to see a 5.6% Value CAGR from 2024 to 2034.
• The Japanese market is projected to expand at a 2.3% Value CAGR from 2024 to 2034.
• South Korea is expected to experience a 4.4% Value CAGR over the next decade (2024-2034).
• India is forecasted to witness the highest growth rate, with a 6.3% Value CAGR from 2024 to 2034.
• Spain is set to grow at a 3.3% Value CAGR from 2024 to 2034.
• The market in Australia is expected to see a 2.6% Value CAGR from 2024 to 2034.

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Competitive Landscape:

The abdominal closure systems industry is witnessing significant investments in research and development, aimed at fostering innovation. Key players in the market are also prioritizing obtaining regulatory approvals for the launch of their products. Additionally, many companies are actively seeking strategic collaborations to broaden their product portfolios and enhance market presence.

Recent Industry Developments in the Abdominal Closure Systems Market:

April 2024: Suturion AB, a company specializing in innovative suturing solutions for abdominal wall closure, expanded its distribution network in Turkey.

October 2019: 3M acquired Acelity, Inc., a leading medical technology company that manufactures products for specialty surgical applications. This acquisition enabled 3M to expand and diversify its product portfolio.

Key Players of Abdominal Closure Systems Industry:

• ACell Inc.
• neoSurgical
• Teleflex Incorporated
• Medtronic
• 3M
• AbSolutions Med, Inc.
• Suturion AB

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Key Segments of Abdominal Closure Systems Industry

By Product:

In terms of Product, the industry is divided into laparoscopic abdominal closure devices and traction system

By Indication:

The industry is classified by indication as trauma surgery, laparoscopy and transplantation surgery.

By End User:

The industry is classified by hospitals, ambulatory surgical centers and trauma & emergency centers

By Region:

Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa (MEA) have been covered in the report.

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