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The market is dominated by several leading companies that are recognized for their advanced product offerings and global reach. Prominent players such as Johnson & Johnson MedTech (Ethicon), B. Braun Melsungen AG, and Medtronic hold significant market shares due to their strong product portfolios and extensive distribution networks. These companies lead the market through their innovations in wound closure products, including pledgets made from materials like PTFE and polyester, which are widely used in various surgical procedures. Additionally, smaller players are emerging, focusing on regional markets and offering niche products, contributing to the overall competitive dynamics of the market. This competition and innovation are expected to drive continued growth in the sector.
Prominent players operating in the surgical pledgets industry include:
The global surgical pledgets industry was valued at USD 768.2 million in 2024 and is projected to grow at a CAGR of 5.7% from 2025 to 2034, driven by the increasing number of surgical procedures worldwide.
The PTFE segment is expected to grow at a CAGR of 6.1%, reaching over USD 593.3 million by 2034, due to its superior biocompatibility, chemical resistance, and low friction, making it ideal for surgeries requiring minimal tissue irritation and effective wound closure.
The U.S. surgical pledgets market was valued at USD 255 million in 2024 and is anticipated to grow at a CAGR of 4.5% from 2025 to 2034, driven by the rising prevalence of chronic diseases such as cardiovascular conditions, diabetes, and obesity.
Key players in the market include B. Braun, Becton, Dickinson and Company, DeRoyal, Dolphin Sutures, Gore, Henry Schein, Johnson and Johnson, Medline, Medtronic, Peters Surgical, and Teleflex.