Abdominal Closure System Market Scope
Abdominal Closure System used as a primary closure technique following laparotomy, to pull together the fascia and skin of the abdominal wall, allowing for simple suturing. The technique is most often used in complex cases where regular closure cannot be created due to the outward pressure of the viscera. A system of button anchors and tensioned elastomers are used to gradually restore normal physiology, reducing the length of stay and short term morbidity risks. Rising laparoscopy surgery and the increased number of trauma cases are the factors that drive the growth of the abdominal closure systems market globally.
The global Abdominal Closure System market is concentrated as it consists of major players. In terms of market share, the major players are currently dominating. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Abdominal Closure System market throughout the predicted period.
ACell Inc. (United States), neoSurgical (Ireland), Teleflex Incorporated (United States), Medtronic (Ireland), Abbott (United States), B. Braun Melsungen (Germany), Johnson & Johnson (United States), Smith & Nephew (United Kingdom), Baxter (United States) and Integra Lifesciences (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Abdominal Closure System market by Type (Laparoscopic Abdominal Closure Systems Devices and Traction Systems), by Application (Laparoscopic surgeries, Abdominal Trauma and After Transplantation Surgeries) and Region with country level break-up.
On the basis of geography, the market of Abdominal Closure System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Growth Drivers:
Rising Demand for Laparoscopy Surgery, Increased Number of Trauma Cases and Rising Incidences of Infectious Diseases during Tick Season, and Hunters
Challenges:
Lack of Awareness about Abdominal Closure System in Some Region
Restraints:
High Cost of Abdominal Closure System
Opportunities:
Increased Adoption of Advanced Technology in the Healthcare Sector and Rising Number of Multi-Speciality Hospitals in Developing Countries
Market Leaders and their Expansionary Development Strategies
In February 2020, Baxter Acquired of Se prafilm Adhesion Barrier. The parafilm product family is used as an adjunct to reduce the incidence, extent, and severity of adhesions in certain. Baxter's leading portfolio of critical care, nutrition, renal, hospital, and surgical product.
In July 2018, KCI announced the U.S. launch of the ABTHERA ADVANCE™ Open Abdomen Dressing. ABTHERA ADVANCE™ Dressing is the next generation temporary abdominal closure device leveraging the technology and success of ABTHERA™ Open Abdomen Negative Pressure Therapy in bridging abdominal wall openings where primary closure is not possible and/or repeat abdominal entries are necessary.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planner, Abdominal Closure System Provider, Government Regulatory and Research Organizations and End-Use Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.