Global Abdominal Closure Systems Market

Global Abdominal Closure Systems Market

Global Abdominal Closure Systems Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2024-2031

Abdominal closure is considered when a separation of the fascial edges remains from 3 to 5 cm, with only weak tension assessed by pulling the fascial edges towards the midline. The mesh is then removed, and the fascia is closed. This is followed by skin closure.

Market Dynamics: Drivers & Restraints

Rise in the prevalence of laparoscopic procedures

The rise in the prevalence of laparoscopic procedures is one of the key factors that drives the market. For instance, over 13 million laparoscopic procedures are performed globally every year. Laparoscopy is a minimally invasive surgical procedure that allows a surgeon to access the inside of the abdomen and pelvis through small incisions, (5mm-15mm) eliminating the need for large incisions in the skin. However, open procedures are still more likely to occur in emergencies.

Furthermore, the global abdominal closure systems are also driven by various other factors like regulatory support and expedited approvals, advancements in the systems and others helping the market to grow during the forecast period.

High cost of treatment

The market for abdominal closure systems is expected to be significantly impacted by factors such as lack of awareness and insufficient funding is expected to impede the demand for abdominal closure systems in tandem with the sales of abdominal closure systems. Stringent regulations and increased surgery costs are likely to negatively impact the demand for abdominal closure systems, dwindling the market share of abdominal closure systems.

Segment Analysis

The global abdominal closure systems market is segmented based on device type, indication, end-user and region.

The suture-based systems from the device type segment accounted for approximately 42.1% of the abdominal closure systems market share

The suture-based systems from the device type segment accounted for approximately 42.1%. Suture-based systems play a crucial role in abdominal closure systems. Temporary abdominal closure techniques involve holding the abdomen together to facilitate eventual fascial closure.

Permanent synthetic prostheses, when sutured to the fascial edges, can be used to protect abdominal wall tissues from damages which result from repetitive. The assistant following the continuous closure should apply sufficient tension to approximate the suture line. For elective surgical procedures, a continuous mass closure, using a slowly absorbable suture placed with minimal tension that will provide sufficient strength, is preferred.

Geographical Analysis

North America is estimated to hold about 38.4% of the total market share throughout the forecast period

North America is estimated to hold about 38.4% of the total market share throughout the forecast period owing to the factors like due to the increased adoption of advanced technology and rise in healthcare spending is propelling the demand for abdominal closure systems. The sales of abdominal closure systems are on the rise on account of the increase in awareness in these regions are some other factors that help the overall market to grow during the forecast period.

For instance, in January 2024, Absolutions Med received a breakthrough designation for an abdominal wall closure device that is intended to reduce the risk of hernia. Absolutions began testing the device, Rebuild Bioabsorbable, in cancer patients undergoing abdominal surgeries in 2022, and the company began a study in a broader population in March 2023.

Covid 19 Impact Analysis

The COVID-19 pandemic has significantly impacted hospitals worldwide, especially the surgical sectors. Due to the cancellation of elective procedures and the relocation of medical teams to the COVID-19 care sectors, non-urgent surgeries were left for a second moment, so only urgent procedures were performed during the period.

Market Segmentation

By Device Type
• Suture-Based Systems
• Tissue Sealants and Adhesives
• Mechanical Closure Systems
• Others

By Indication
• Trauma Cases
• General Surgery
• Gynecological Surgery
• Orthopedic Surgery

By End User
• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Competitive Landscape

The major global players in the market include Abcl Medical, Medi Group, Teleflex Incorporated, 3M, Southmedic Inc., Fasciotens among others.

Key Developments

 In January 2024, Absolutions Med received the breakthrough designation for an abdominal wall closure device that is intended to reduce the risk of hernia. The Food and Drug Administration designation, which Absolutions disclosed Wednesday, covers a device designed to distribute suture tension over a large area of tissue. Absolutions began testing the device, Rebuild Bioabsorbable, in cancer patients undergoing abdominal surgeries in 2022, and the company began a study in a broader population in March 2023.

Why Purchase the Report?
• To visualize the global abdominal closure systems market segmentation based on device type, indication, end user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analysing trends and co-development.
• Excel data sheet with numerous data points of abdominal closure systems market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global abdominal closure systems market report would provide approximately 64 tables, 61 figures and 186 pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies