Negative Pressure Wound Therapy Devices Market 2020 research will help you out to determine how the market will evolve, to make confident decisions to capture new opportunities. Negative Pressure Wound Therapy Devices Market Report also explains supply and demand situation, Competitive scenario, and Market landscape. The report covers the growth prospects over the coming decades & discussion of the key vendors.
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Fortune Business Insights has published a report, titled “Negative Pressure Wound Therapy (NPWT) Devices Market Size, Share and Global Trend By Type (Conventional NPWT devices, Single-use NPWT devices), By Application (Chronic Wounds, Acute Wounds), By End Users (Hospitals, Clinics, Home Care Settings, Others), and Geography Forecast till 2026”, which contains meaningful insights regarding the factors, trends, competitors, opportunities, and regions that will stoke the dynamics of the market for negative pressure wound therapy.
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The global negative pressure wound therapy (NPWT) market size was USD 1.85 billion in 2018 and is projected to reach USD 2.74 billion by 2026, exhibiting a CAGR of 5.1%. Global “Negative Pressure Wound Therapy Devices” Market report 2020-2025 offers overall business strategies and market trends to those who are actively seeking an effective way to grow in the industry.
Scope of Report:
Global Negative Pressure Wound Therapy Devices Market growth provides information such as company profiles, product picture and specification, price, cost, capacity, production, revenue and contact information. The report offers dynamic insights into the prevailing trends of the Negative Pressure Wound Therapy Devices market. It shares an all-inclusive study of all the segments and provides comprehensive data on all the aspects, with regional analysis. Negative Pressure Wound Therapy Devices market development trends and marketing channels are analyzed. It is projected to give a compressive illustration of the market size. Global Negative Pressure Wound Therapy Devices Market analyzes on key Negative Pressure Wound Therapy Devices manufacturers and studies the capacity, production, value, market share and development plans for the next few years.
The global negative pressure wound therapy devices market is poised for an impressive growth trajectory owing to the rising prevalence of chronic wounds. Chronic wounds are wounds that the body has been unable to repair or heal through its normal anatomical functions. Typically, any would that lasts more than 3 months is termed as chronic. Since these wounds mainly affect old people, a rising geriatric population will aid the global negative pressure wound therapy market growth during the forecast period. According to the Wound Healing Society, the US government estimates that the number of aged people in the US will reach 55 million by 2020. This will push up the demand for wound therapy devices and fuel the global negative pressure wound therapy devices market revenue till 2026.
Top listed manufacturers for global Negative Pressure Wound Therapy Devices Market are:
- Cardinal Health
- Smith and Nephew
- Paul Hartmann AG
- ConvaTec Group PLC
- Medela AG
- Lohmann & Rauscher GmbH & Co.
- KCI Licensing y
Negative Pressure Wound Therapy Devices Market 2020 global industry research report is a professional and in-depth study on the Negative Pressure Wound Therapy Devices market trends, share, size, growth, as well as industry analysis.
The Negative Pressure Wound Therapy Devices Market report also focuses on global major leading industry players of Global Negative Pressure Wound Therapy Devices market providing information such as company profiles, product picture and specification, production, price, capacity, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Negative Pressure Wound Therapy Devices market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. The Negative Pressure Wound Therapy Devices Market report splits the market size, by volume and value, on the basis of application type and geography. First, this report covers the present status and the future prospects of the global Negative Pressure Wound Therapy Devices market for 2015-2025.
Key questions answered in the report:
- What will the market growth rate of Negative Pressure Wound Therapy Devices market in 2025?
- What are the key factors driving the global Negative Pressure Wound Therapy Devices market?
- Who are the key manufacturers in Negative Pressure Wound Therapy Devices market space?
- What are the market opportunities, market risk and market overview of the Negative Pressure Wound Therapy Devices market?
- What are sales, revenue, and price analysis of top manufacturers of Negative Pressure Wound Therapy Devices market?
- Who are the distributors, traders and dealers of Negative Pressure Wound Therapy Devices market?
- What are the Negative Pressure Wound Therapy Devices market opportunities and threats faced by the vendors in the global Negative Pressure Wound Therapy Devices industry?
- What are sales, revenue, and price analysis by types and applications of Negative Pressure Wound Therapy Devices market?
- What are sales, revenue, and price analysis by regions of Negative Pressure Wound Therapy Devices industry?
The International Diabetes Federation estimates that currently 8.8% of the world’s population, around 424 million people, are suffering from diabetes. By 2045, this number is expected to reach 628 million, that is, about 9.9% of the population. In the US alone close to 100 million people are either diabetic or are in the prediabetes phase in 2018, as per the Centres for Disease Control and Prevention statistics. Chronic wounds such as foot ulcers are commonplace among diabetics and as the number of diabetics in the world increases, the demand for NPWT devices will shoot up correspondingly. This will accelerate the expansion of the global negative pressure wound therapy devices market size during the forecast period.
- To understand the structure of Negative Pressure Wound Therapy Devices market by identifying its various sub segments.
- Focuses on the key global Negative Pressure Wound Therapy Devices manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Negative Pressure Wound Therapy Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Negative Pressure Wound Therapy Devices submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Adoption of New Medical Technologies to Spur the Market in North America. Regionally, North America and Europe are projected to hold the largest chunk in the global negative pressure wound therapy market share in the coming decade. The main reason cited for this is the ready adoption of new therapeutic technologies and sturdy healthcare infrastructure in the continents. A rapidly evolving healthcare sector and rising prevalence of chronic diseases are factors that enable Asia-Pacific to register a relatively high CAGR during the forecast period in the global negative pressure wound therapy devices market.
ConvaTec’s AVELLE NPWT System Gets FDA-Approved, Builds Confidence in the Market. AVELLE negative pressure wound therapy device, developed by ConvaTec, is the first NPWT system to be embedded with HydroFibre technology and it got the green light from the US FDA in October 2018. Such regulatory clearances to novel products are expected to instil confidence among the participants in the global negative pressure wound therapy devices market. For example, Medela AG launched its NPWT dressing system, Invia FitPad, which comprises a portfolio of dressings and devices, aimed at aiding healthcare professionals to manage and deliver NPWT more efficiently.
In the end, Negative Pressure Wound Therapy Devices Market report provides details of competitive developments such as expansions, agreements, new product launches, and acquisitions in the market for forecasting, regional demand and supply factor, investment, market dynamics including technical scenario, consumer behaviour, and end use industry trends and dynamics, capacity, spending were taken into consideration.
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