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Global Wound Closure Strips Market 2020-2024| Evolving Opportunities With 3M Co. and Cardinal Health Inc. | Technavio

November 27, 2019 GMT
Global Wound Closure Strips Market 2020-2024| Evolving Opportunities With 3M Co. and Cardinal Health Inc. | Technavio
Global Wound Closure Strips Market 2020-2024| Evolving Opportunities With 3M Co. and Cardinal Health Inc. | Technavio

LONDON--(BUSINESS WIRE)--Nov 27, 2019--

Technavio has been monitoring the global wound closure strips market and the market is poised to grow by USD 70.05 million during 2020-2024 at a CAGR of almost 4% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global wound closure strips market 2020-2024. (Graphic: Business Wire)

Read the 146-page research report with TOC on “Wound Closure Strips Market Analysis Report by Product (Elastic wound closure strips, Reinforced wound closure strips, and Other wound closure strips), by Geography (Asia, Europe, North America, and ROW), and Segment Forecasts, 2020-2024”.

The market is driven by the higher preference for wound closure strips over alternatives. In addition, innovative marketing strategies of vendors are anticipated to further boost the growth of the wound closure strips market.

Wound closure strips are an effective alternative to sutures or staples for wound closure since they involve comparatively lesser pain, faster closure time, lower risk of tissue strangulation, and lower tissue trauma. The use of wound closure strips also results in better cosmetic outcomes, achieved by minimizing the scar tissue upon healing. Further, these strips are associated with a lower infection rate and are easy to apply. On top of that, they prove to be cost-effective since they eliminate the need for follow-up visits to the doctor.

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Major Five Wound Closure Strips Market Companies:

3M Co.

3M Co. is headquartered in the US and operates the business under various business segments such as Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer. The company offers a wide range of wound closure strips including 3M Steri-Strip Antimicrobial Skin Closures and 3M Steri-Strip Reinforced Adhesive Skin Closures.

Cardinal Health Inc.

Cardinal Health Inc. is headquartered in the US and offers products through the following business units: Pharmaceutical and Medical. The company offers an adhesive wound closure strip, Curi-Strip, which is free of reinforcing filaments.

DermaRite Industries LLC

DermaRite Industries LLC is headquartered in the US and operates the business under various segments, namely Skin care, Wound care, and Nutritional products. The company offers StayStrips, which are flexible, air permeable wound closure strips.

DeRoyal Industries Inc.

DeRoyal Industries Inc. is headquartered in the US and offers products through the following business segments: Orthopedic, Patient care, Surgical, and Wound care. The company offers Episeal, which is a wound closure strip indicated for use in surgical wounds.

Dynarex Corp.

Dynarex Corp. is headquartered in the US and offers products through the following business segments: Disposable Medical Products and Durable Medical Equipment. The company offers SecureStrip Adhesive Wound Closures and Butterfly Wound Closure Sterile.

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Wound Closure Strips Product Outlook (Revenue, USD Million, 2020-2024)

Wound Closure Strips Regional Outlook (Revenue, USD Million, 2020-2024)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Health Careinclude:

Wound Debridement Market – Global Wound Debridement Market by product (autolytic debridement devices, surgical and sharp debridement devices, and mechanical debridement devices) and geography (Asia, Europe, North America, and ROW).

Single-Use Negative Pressure Wound Therapy (NPWT) Devices Market – Global Single-Use Negative Pressure Wound Therapy (NPWT) Devices Market by application (ulcers and burn wounds) and geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191127005112/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com/

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SUPERMARKET OFFICE PRODUCTS TEENS PARENTING COSMETICS HOSPITALS CHILDREN HOME GOODS RETAIL OTHER CONSUMER WOMEN HEALTH SENIORS MEN GENERAL HEALTH FAMILY CONSUMER MEDICAL SUPPLIES CHEMICALS/PLASTICS SURGERY DISCOUNT/VARIETY DEPARTMENT STORES MANUFACTURING OTHER HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/27/2019 06:30 AM/DISC: 11/27/2019 06:30 AM

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