Global negative pressure wound therapy market was valued US$ 2.20 Bn in 2018 and expected to reach US$ XX Bn by 2026, at a CAGR of XX % during forecast period
Global negative pressure wound therapy market is segmented into product, wound type, end-use, and region. On the basis of product, market is divided into conventional NPWT, single use NPWT. Based on wound type, market is segmented into diabetic foot ulcers, venous leg ulcers, pressure ulcers, burn wound. According to end-use, market is classified by hospitals, home care setting. Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
Diabetes is the major cause of leg ulcers such as arterial and diabetic foot ulcers. Increasing occurrence of diabetes across the world is a major concern affecting the target population, as a result of which, the NPWT market is expected to witness rapid growth. Rising old population base is also one of the important market driving factors as they are more predisposed to developing chronic conditions such as diabetes and cardiovascular diseases. In addition, this population base constitutes bed ridden patients who are highly liable to developing pressure ulcers owing to their continued immobility, which is expected to be one of the major contributors for the growth of the market.
The NPWT devices market is geographically classified into North America, Europe, Asia, and the Rest of the World. North America is expected to grasp the largest share of the NPWT devices market in 2018. The dominant share of this market segment can be recognised to the increasing incidence of chronic wounds and diabetes and the growing elder population. In addition to this, favorable compensation scenario is estimated to increase the adoption of NPWT devices in this regional segment.
Key players operated in negative pressure wound therapy market are Acelity L.P., Inc., Smith & Nephew plc, ConvaTec Group plc, Mölnlycke Health Care AB, Cardinal Health, Medela AG, Devon International Group (Devon Medical Products), ATMOS MedizinTechnik GmbH & Co. KG, Talley Group Ltd., DeRoyal Industries, Inc., Wuhan VSD Medical Science & Technology Co., Ltd., Triage Meditech Pvt. Ltd., SunMed Medical, The Wound Vac Company, LLC., Lohmann & Rauscher, Genadyne, PAUL HARTMANN.
The objective of the report is to present comprehensive analysis of Global Negative Pressure Wound Therapy Market including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes Market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Negative Pressure Wound Therapy Market dynamics, structure by analyzing the Market segments, and project the Global Negative Pressure Wound Therapy Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Negative Pressure Wound Therapy Market the report investor’s guide.
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Scope of Global Negative Pressure Wound Therapy Market:
Global Negative Pressure Wound Therapy Market, by Product
• Conventional NPWT
• Single use NPWT
Global Negative Pressure Wound Therapy Market, by Wound Type
• Diabetic foot ulcers
• Venous leg ulcers
• Pressure ulcers
• Burn wound
Global Negative Pressure Wound Therapy Market, by End-Use
• Hospitals
• Home care setting
Global Negative Pressure Wound Therapy Market, by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East & Africa
Key players operated in Global Negative Pressure Wound Therapy Market
• Acelity L.P., Inc.
• Smith & Nephew plc
• ConvaTec Group plc
• Mölnlycke Health Care AB
• Cardinal Health
• Medela AG
• Devon International Group (Devon Medical Products)
• ATMOS MedizinTechnik GmbH & Co. KG
• Talley Group Ltd.
• DeRoyal Industries, Inc.
• Wuhan VSD Medical Science & Technology Co., Ltd.
• Triage Meditech Pvt. Ltd.
• SunMed Medical
• The Wound Vac Company, LLC.
• Lohmann & Rauscher
• Genadyne
• PAUL HARTMANN.
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