Negative Pressure Wound Therapy Market 2020 Global Industry Trends, Size, Share Analysis to 2026 is latest report published on “Global Negative Pressure Wound Therapy Market” by Fortune Business Insights. According to this report Global Negative Pressure Wound Therapy Market will rise from Covid-19 pandemic crisis at 5.1% growth rate and will reach $2.74 Billion market value during 2021 to 2026. Report segments comprehensive information about Negative Pressure Wound Therapy Market By Device Type (Conventional NPWT, and Single-use NPWT), By Indication (Diabetic Foot Ulcers, Pressure Ulcers, Burns & Trauma, and Others), By End User (Hospitals, Clinics, Homecare Settings, and Others) and Regional Forecast, 2019-2026.
Negative Pressure Wound Therapy Key Players covered in the market report includes:
- Medela AG
- KCI Licensing, Inc.
- Lohmann & Rauscher GmbH & Co. KG
- ConvaTec Inc.
- PAUL HARTMANN Asia-Pacific Ltd.
- Smith & Nephew
- Talley Group Ltd.
- Cardinal Health
- Mölnlycke Health Care AB
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Negative Pressure Wound Therapy Market Analysis From 2021 To 2026:
The global Negative Pressure Wound Therapy market size is projected to reach $2.74 Billion by 2026, exhibiting a CAGR of 5.1% during the forecast period. The world of NPWT has gone through many changes since the past few years. In today’s world, wound healing has begun occurring accurately. An innovative NPWT can be used on a multitude of wounds ranging from those that are completely necrotic to the postoperative incisions. Numerous prominent manufacturers are also developing novel devices that are cost-effective at the same time. These factors would propel the negative pressure wound therapy market growth in the forthcoming period.
Negative Pressure Wound Therapy Market includes comprehensive information derived from depth study on Negative Pressure Wound Therapy Industry historical and forecast market data. Global Negative Pressure Wound Therapy Market Size To Expand moderately as the new developments in Negative Pressure Wound Therapy and Impact of COVID19 over the forecast period 2020 to 2026.
The Global Negative Pressure Wound Therapy Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Negative Pressure Wound Therapy market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The market is bifurcated into single-use NPWT and conventional NPWT. The single-use NPWT segment would grow at a fast pace. It is likely to occur as the patients belonging to Europe and North America are inclining rapidly towards home care settings. Apart from that, single-use NPWT devices use battery-powered pumps and are best suited for treating low to moderately exuding wounds. They are also cost-effective. All these benefits are encouraging the masses to adopt them in homecare settings. Nowadays, owing to the ongoing technological advancements, several manufacturers are developing portable devices, which, in turn, is increasing the consumer preference towards these NPWT devices. The conventional NPWT segment, on the other hand, would exhibit a steady growth backed by the upsurge in utilization of these devices in clinics and hospitals.
The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Negative Pressure Wound Therapy Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
The market is grouped into burns & trauma, pressure ulcers, diabetic foot ulcers, and others. The diabetic foot ulcers segment had held a 47.1% NPWT market share in 2018 and is expected to retain its dominant position throughout the forecast period. This growth is attributable to the rising patient pool affected by diabetic foot ulcers, as well as the increasing prevalence of diabetes. The pressure ulcers and the burns & trauma segments are anticipated to grow significantly stoked by their rising prevalence.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations travel bans and quarantines restaurants closed all indoor events restricted over forty countries state of emergency declared massive slowing of the IT Spending market volatility falling business confidence, growing panic among the population, and uncertainty about future.
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Regional Analysis:
The market is fragmented into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America. North America had procured USD 738.1 million market share in 2018 and is expected to grow steadily in the coming years. This growth is attributable to the rising number of patients affected by pressure ulcers and burns in the U.S. Also, the cost of treatment in this region is very high as compared to the other regions. It would also contribute to the growth of the market. Asia Pacific is projected to showcase a high CAGR because of the rising cases of chronic wounds and diseases in this region. The Middle East & Africa and Latin America would register a moderate CAGR fueled by the lack of favorable reimbursement policies and expensive nature of the treatment. Europe, on the other hand, would grow slowly owing to the unavailability of reimbursement policies in countries, such as Span, France, and Italy.
This report focuses on Negative Pressure Wound Therapy Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2024, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Competitive Analysis:
The Negative Pressure Wound Therapy Market Size, Share, Growth report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key questions answered in the report:
- What will the market growth rate of Negative Pressure Wound Therapy market in 2026?
- What are the key factors driving the global Negative Pressure Wound Therapy market?
- Who are the key manufacturers in Negative Pressure Wound Therapy market space?
- What are the market opportunities, market risk and market overview of the Negative Pressure Wound Therapy market?
- What are sales, revenue, and price analysis of top manufacturers of Negative Pressure Wound Therapy market?
- Who are the distributors, traders and dealers of Negative Pressure Wound Therapy market?
- What are the Negative Pressure Wound Therapy market opportunities and threats faced by the vendors in the global Negative Pressure Wound Therapy industry?
- What are sales, revenue, and price analysis by types and applications of Negative Pressure Wound Therapy market?
- What are sales, revenue, and price analysis by regions of Negative Pressure Wound Therapy industry?
Table Of Content:
1 Market Overview
1.1 Negative Pressure Wound Therapy Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Negative Pressure Wound Therapy Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Negative Pressure Wound Therapy Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Negative Pressure Wound Therapy Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Negative Pressure Wound Therapy Manufacturer Market Share in 2018
3.3.2 Top 6 Negative Pressure Wound Therapy Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Negative Pressure Wound Therapy Market Analysis by Regions
4.1 Global Negative Pressure Wound Therapy Sales, Revenue and Market Share by Regions
4.1.1 Global Negative Pressure Wound Therapy Sales and Market Share by Regions (2014-2019)
4.1.2 Global Negative Pressure Wound Therapy Revenue and Market Share by Regions (2014-2019)
4.2 North America Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
4.3 Europe Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
4.5 South America Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
5 North America Negative Pressure Wound Therapy by Country
5.1 North America Negative Pressure Wound Therapy Sales, Revenue and Market Share by Country
5.1.1 North America Negative Pressure Wound Therapy Sales and Market Share by Country (2014-2019)
5.1.2 North America Negative Pressure Wound Therapy Revenue and Market Share by Country (2014-2019)
5.2 United States Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
5.3 Canada Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
5.4 Mexico Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
8 South America Negative Pressure Wound Therapy by Country
8.1 South America Negative Pressure Wound Therapy Sales, Revenue and Market Share by Country
8.1.1 South America Negative Pressure Wound Therapy Sales and Market Share by Country (2014-2019)
8.1.2 South America Negative Pressure Wound Therapy Revenue and Market Share by Country (2014-2019)
8.2 Brazil Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
8.3 Argentina Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
8.4 Colombia Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
9 Middle East and Africa Negative Pressure Wound Therapy by Countries
9.1 Middle East and Africa Negative Pressure Wound Therapy Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Negative Pressure Wound Therapy Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Negative Pressure Wound Therapy Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
9.3 Turkey Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
9.4 Egypt Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
9.5 Nigeria Negative Pressure Wound Therapy Sales and Growth Rate (2014-2019)
10 Negative Pressure Wound Therapy Market In Developing Conutries
11 South America Negative Pressure Wound Therapy Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Negative Pressure Wound Therapy Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process
FIGURE 2 Top-Down and Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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