South Korea Surgical Skin Closure Device Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The South Korea Surgical Skin Closure Device market is experiencing rapid growth, driven by advancements in healthcare technology and increasing demand for minimally invasive surgical procedures. Surgical skin closure devices play a crucial role in wound healing, reducing complications, and enhancing recovery times for patients. These devices are widely used in various types of surgeries, including dermatological, orthopedic, and general surgeries, catering to a broad spectrum of industries. The rise in both surgical procedures and aesthetic surgeries has significantly impacted the demand for these devices across the nation.
In South Korea, the surgical skin closure device market is primarily segmented by product type, including staples, sutures, wound closure strips, and adhesives. Staples and sutures are the most commonly used methods in the market, with a steady preference for them in larger, more complex surgeries. However, the increasing trend toward less invasive options, such as adhesives and wound closure strips, is gaining traction, particularly for patients undergoing cosmetic or less invasive procedures. This shift is fueled by the demand for faster recovery times, less scarring, and reduced risk of infection, making these devices particularly attractive to both healthcare professionals and patients.
Industries such as hospitals, outpatient clinics, and cosmetic surgery centers are major drivers of the surgical skin closure device market. Hospitals remain the dominant end-user segment, as they carry out the bulk of surgical procedures requiring skin closure. With the country’s growing emphasis on healthcare infrastructure and the increasing popularity of cosmetic surgery, there is a heightened requirement for advanced surgical skin closure solutions. The rise of outpatient surgeries also encourages a shift toward devices that minimize recovery time and improve aesthetic results, which is reshaping the demand in the market.
Market players in South Korea are focused on innovation, introducing new and improved products designed for greater comfort, efficiency, and enhanced clinical outcomes. Some key features that are being prioritized include the development of devices that reduce the risk of scarring, provide enhanced flexibility for varied wound types, and ensure faster healing. As the demand for such advanced solutions increases, the surgical skin closure device market in South Korea is expected to grow, meeting the evolving needs of the healthcare sector.
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Medtronic
Medline Industries
Teleflex
BSN medical
Baxter International
Radi Medical Systems
Abbott Vascular
NeatStitch
Derma Sciences
Ethicon (Johnson & Johnson)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Surgical Skin Closure Device Market
Staples
Adhesive Strips
Sutures
Clips
Wound Closure
Plastic and Reconstructive Surgery
Trauma Surgery
Burn Surgery
Orthopedic Surgery
Hospitals
Ambulatory Surgical Centers
Clinics
Home Care Settings
Manual Surgical Skin Closure Devices
Automated Surgical Skin Closure Devices
Stainless Steel
Absorbable Polymers
Non-Absorbable Polymers
Silicone
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Surgical Skin Closure Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Surgical Skin Closure Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Surgical Skin Closure Device Market, By Type
6. South Korea Surgical Skin Closure Device Market, By Application
7. South Korea Surgical Skin Closure Device Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Surgical Skin Closure Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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