Product Code: ETC353723 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The wound closure devices market in South Korea is vital for the healthcare sector, providing essential tools for surgical procedures and trauma care. This market includes sutures, staples, and adhesive strips used to close wounds and promote healing. The market is driven by advancements in medical technology, an aging population, and an increase in surgical procedures. Innovations in wound closure materials and techniques, such as absorbable sutures and minimally invasive closure methods, are significant trends.
In South Korea, the wound closure devices market is witnessing growth propelled by factors such as the increasing prevalence of chronic wounds and surgical procedures, rising demand for advanced wound closure solutions that promote faster healing and reduce complications, and advancements in wound closure technologies such as staples, sutures, and adhesives. Wound closure devices play a crucial role in wound management and surgical procedures, enabling healthcare providers to achieve hemostasis, seal wounds, and promote tissue healing with minimal scarring. Moreover, the growing aging population, increasing incidence of lifestyle-related diseases, and rising healthcare expenditure are driving investments in wound closure devices and techniques, further fueling market growth.
Challenges in the wound closure devices market include pricing pressures, regulatory compliance, and reimbursement policies. Moreover, providers must offer innovative and cost-effective solutions that improve patient outcomes, reduce healthcare costs, and address the growing burden of chronic wounds and surgical complications.
To ensure patient safety and quality of care, the South Korean government has implemented policies to regulate the production, sale, and use of wound closure devices. Policies include regulations on device safety and performance standards, incentives for medical device manufacturers to invest in research and development of innovative wound closure technologies, and initiatives to promote training and education for healthcare professionals on proper device usage. Additionally, the government collaborates with industry associations and regulatory agencies to monitor compliance and enforce standards in the
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Wound Closure Devices Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Wound Closure Devices Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Wound Closure Devices Market - Industry Life Cycle |
3.4 South Korea Wound Closure Devices Market - Porter's Five Forces |
3.5 South Korea Wound Closure Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 South Korea Wound Closure Devices Market Revenues & Volume Share, By Wound Type, 2021 & 2031F |
3.7 South Korea Wound Closure Devices Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 South Korea Wound Closure Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases leading to a higher number of surgeries requiring wound closure devices. |
4.2.2 Advances in wound closure technologies leading to the development of more efficient and innovative products. |
4.2.3 Growing aging population in South Korea, leading to an increase in surgical procedures and demand for wound closure devices. |
4.3 Market Restraints |
4.3.1 Stringent regulatory approvals required for wound closure devices, leading to longer time-to-market. |
4.3.2 High cost associated with advanced wound closure devices may limit adoption among budget-constrained healthcare facilities. |
5 South Korea Wound Closure Devices Market Trends |
6 South Korea Wound Closure Devices Market, By Types |
6.1 South Korea Wound Closure Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 South Korea Wound Closure Devices Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 South Korea Wound Closure Devices Market Revenues & Volume, By Adhesives, 2021-2031F |
6.1.4 South Korea Wound Closure Devices Market Revenues & Volume, By Staples, 2021-2031F |
6.1.5 South Korea Wound Closure Devices Market Revenues & Volume, By Sutures, 2021-2031F |
6.1.6 South Korea Wound Closure Devices Market Revenues & Volume, By Strips, 2021-2031F |
6.1.7 South Korea Wound Closure Devices Market Revenues & Volume, By Sealants, 2021-2031F |
6.2 South Korea Wound Closure Devices Market, By Wound Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Wound Closure Devices Market Revenues & Volume, By Chronic, 2021-2031F |
6.2.3 South Korea Wound Closure Devices Market Revenues & Volume, By Acute, 2021-2031F |
6.3 South Korea Wound Closure Devices Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 South Korea Wound Closure Devices Market Revenues & Volume, By Hospital, 2021-2031F |
6.3.3 South Korea Wound Closure Devices Market Revenues & Volume, By Clinics, 2021-2031F |
6.3.4 South Korea Wound Closure Devices Market Revenues & Volume, By Trauma centers, 2021-2031F |
6.3.5 South Korea Wound Closure Devices Market Revenues & Volume, By Others, 2021-2031F |
7 South Korea Wound Closure Devices Market Import-Export Trade Statistics |
7.1 South Korea Wound Closure Devices Market Export to Major Countries |
7.2 South Korea Wound Closure Devices Market Imports from Major Countries |
8 South Korea Wound Closure Devices Market Key Performance Indicators |
8.1 Rate of adoption of advanced wound closure technologies in South Korea. |
8.2 Number of surgical procedures performed annually in South Korea. |
8.3 Growth in the number of wound closure device manufacturers entering the South Korean market. |
9 South Korea Wound Closure Devices Market - Opportunity Assessment |
9.1 South Korea Wound Closure Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 South Korea Wound Closure Devices Market Opportunity Assessment, By Wound Type, 2021 & 2031F |
9.3 South Korea Wound Closure Devices Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 South Korea Wound Closure Devices Market - Competitive Landscape |
10.1 South Korea Wound Closure Devices Market Revenue Share, By Companies, 2024 |
10.2 South Korea Wound Closure Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |