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Global Market for Wound Closure Products to Reach $4.6 Billion in 2016; European Market for Electrosurgical Devices to Reach $140 Million in Sales by 2016
Date:11/6/2012

FARMINGTON, Conn., Nov. 6, 2012 /PRNewswire-iReach/ -- Research universities such as Columbia, New York University, Northwestern and the University of California system receive hefty incomes through licensing royalties from medical devices or technologies that were discovered and patented at their institution. For example, Wake Forest University licensed patents for a negative-pressure wound-therapy device to Kinetic Concepts Inc. in 1993, which has brought in $500 million for the school since then.

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For researchers, medical equipment companies, and investors who want to learn more about what the current and future shape of the market for wound closure technologies and biomaterials and electrosurgical devices, Global Information Inc (GII) recommends three noteworthy market research reports from our premium research partners.

US Markets for Current and Emerging Wound Closure Technologies

Nearly 100 million wounds were treated in U.S. hospitals in 2011. Treatment of these wounds generated over $3.8 billion in wound closure product sales (including traditional products such as sutures, stapling systems, and wound closure strips, as well as emerging products such as surgical sealants and glues, energy-based closure devices, automated suturing products, and negative pressure wound therapy systems).

Medtech Insight's new report presents a detailed overview of the U.S. current and emerging wound closure products market. Major topics covered by this report include a an overview of the physiology of wound closure; a discussion of traditional wound closure products such as sutures, stapling products, and wound closure strips; a discussion of emerging wound closu
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