Negative Pressure Wound Therapy (NPWT) Market | 2021 Size, Share, Growth Insights, Trends, Opportunity, Key Players, Revenue, Competitive Landscape, Regional Analysis And Global Industry Forecast To 2026 is latest study published by Fortune Business Insights. The Global Negative Pressure Wound Therapy (NPWT) market expected to rise at 5.1% CAGR and reach USD 2.74 Billion value by 2026. Negative Pressure Wound Therapy (NPWT) Industry is segmented 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.
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Negative Pressure Wound Therapy (NPWT) Major Key Players Analyzed In Report:
- Smith & Nephew
- KCI Licensing, Inc.
- ConvaTec Inc.
- Cardinal Health
- Medela AG
- Mölnlycke Health Care AB.
- Talley Group Ltd
- PAUL HARTMANN Asia-Pacific Ltd.
- Lohmann & Rauscher GmbH & Co. KG
- Other key market players
Global Negative Pressure Wound Therapy (NPWT) Market Highlights:
Negative pressure wound therapy (NPWT) is a type of therapeutic technique that involves adoption of a suction pump along with a tube and a dressing to remove the excess exudate formed and promote healing in chronic wounds. NPWT reduces the risk of infection involved owing to pathogens, while reducing the number of dressing changes required. In addition to this, it helps to increase proper blood flow to the wounded area, while continually drawing out excessive fluids. Today, the treatment has become immensely popular to treat chronic wounds and burn injuries owing to their immense benefits.
The Negative Pressure Wound Therapy (NPWT) Market report offers an in-depth analysis of the Negative Pressure Wound Therapy (NPWT) industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Negative Pressure Wound Therapy (NPWT) market concentration, and maturity analysis is elaborated in this report.
Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.
The global negative pressure wound therapy (NPWT) market is likely to gain momentum owing to increasing prevalence of chronic wounds across the globe. Fortune Business Insights, in its latest report, titled “Negative Pressure Wound Therapy (NPWT) Market Size, Share & Industry Analysis, 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.”, mentions that the market is projected to generate USD 2.74 Billion by 2026, while exhibiting a CAGR of 5.1% between 2019 and 2026. The report further observes that the market was worth USD 1.85 Billion in 2018.
The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global Negative Pressure Wound Therapy (NPWT) Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.
According to the data by the US National Institute of Health (NIH), more than USD 25 Billion is spent in the U.S. to treat chronic wounds every year. Additionally, the financial strain is expected to rise owing to rising healthcare cost, large pool of geriatric population, and increasing cases of diabetic patients. Furthermore, increasing prevalence of chronic ailments is surging the demand for NPWT devices that will bode well for the market growth in the forthcoming years. Moreover, increasing number of surgical procedures and high number of patients suffering from surgical wounds is likely to drive the growth of the market during the forecast period.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
The segment Diabetic foot ulcer (By Indication) is expected to generate high revenue for the market during the forecast period. This is attributable to factors such as increasing cases of diabetic foot ulcers and high rate of diabetics across the globe. For instance, in Asia-Pacific, countries such as India is ranked 1st in the top 10 nations with most diabetic cases resulting to high rate diabetic foot ulcer that will surge the demand for the NPWT devices.
It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Negative Pressure Wound Therapy (NPWT) market to figure out and study the market’s needs, market size, and competition.
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Regional Analysis:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Among the regions, the market in North America is likely to register highest global negative pressure wound therapy (NPWT) market revenue during the forecast period. The market was worth USD 738.1 million in 2018 and is projected to foresee massive growth owing the increasing prevalence of chronic wounds in addition to increasing healthcare cost in the region. Furthermore, increasing cases of burn victims in the US will bode well for the market growth in the region. On the other hand, Asia-Pacific is expected to rise significantly during the projected horizon. This is attributable to factors such as increasing incidents of chronic disease and large pool of patients suffering from chronic wounds that will foster growth between 2019 and 2026.
This report focuses on Negative Pressure Wound Therapy (NPWT) 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 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Negative Pressure Wound Therapy (NPWT) 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
Competitive Analysis And Industry News:
Major companies in the global Negative Pressure Wound Therapy (NPWT) Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition. Staying on top of market trends & drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the Negative Pressure Wound Therapy (NPWT) Industry.
Key questions answered in the report:
- What will the market growth rate of Negative Pressure Wound Therapy (NPWT) Market in 2026?
- What are the key factors driving the global Negative Pressure Wound Therapy (NPWT) Market?
- Who are the key manufacturers in Negative Pressure Wound Therapy (NPWT) Market space?
- What are the market opportunities, market risk and market overview of the Negative Pressure Wound Therapy (NPWT) Global market?
- What are sales, revenue, and price analysis of top manufacturers of Negative Pressure Wound Therapy (NPWT) Global market?
- What are sales, revenue, and price analysis by types and applications of Negative Pressure Wound Therapy (NPWT) Market?
- What are sales, revenue, and price analysis by regions of Negative Pressure Wound Therapy (NPWT) market?
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Table Of Content:
1 Market Overview
1.1 Negative Pressure Wound Therapy (NPWT) 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 (2020-2026)
1.4.1.2 Canada Market States and Outlook (2020-2026)
1.4.1.3 Mexico Market States and Outlook (2020-2026)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2020-2026)
1.4.2.2 France Market States and Outlook (2020-2026)
1.4.2.3 UK Market States and Outlook (2020-2026)
1.4.2.4 Russia Market States and Outlook (2020-2026)
1.4.2.5 Italy Market States and Outlook (2020-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2020-2026)
1.4.3.2 Japan Market States and Outlook (2020-2026)
1.4.3.3 Korea Market States and Outlook (2020-2026)
1.4.3.4 India Market States and Outlook (2020-2026)
1.4.3.5 Southeast Asia Market States and Outlook (2020-2026)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2020-2026)
1.4.4.2 Egypt Market States and Outlook (2020-2026)
1.4.4.3 Saudi Arabia Market States and Outlook (2020-2026)
1.4.4.4 South Africa Market States and Outlook (2020-2026)
1.4.4.5 Turkey Market States and Outlook (2020-2026)
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 (NPWT) Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Negative Pressure Wound Therapy (NPWT) Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Negative Pressure Wound Therapy (NPWT) Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Negative Pressure Wound Therapy (NPWT) Manufacturer Market Share in 2018
3.3.2 Top 6 Negative Pressure Wound Therapy (NPWT) Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Negative Pressure Wound Therapy (NPWT) Market Analysis by Regions
4.1 Global Negative Pressure Wound Therapy (NPWT) Sales, Revenue and Market Share by Regions
4.1.1 Global Negative Pressure Wound Therapy (NPWT) Sales and Market Share by Regions (2020-2026)
4.1.2 Global Negative Pressure Wound Therapy (NPWT) Revenue and Market Share by Regions (2020-2026)
4.2 North America Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
4.3 Europe Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
4.4 Asia-Pacific Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
4.5 South America Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
4.6 Middle East and Africa Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
5 North America Negative Pressure Wound Therapy (NPWT) by Country
5.1 North America Negative Pressure Wound Therapy (NPWT) Sales, Revenue and Market Share by Country
5.1.1 North America Negative Pressure Wound Therapy (NPWT) Sales and Market Share by Country (2020-2026)
5.1.2 North America Negative Pressure Wound Therapy (NPWT) Revenue and Market Share by Country (2020-2026)
5.2 United States Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
5.3 Canada Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
5.4 Mexico Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
8 South America Negative Pressure Wound Therapy (NPWT) by Country
8.1 South America Negative Pressure Wound Therapy (NPWT) Sales, Revenue and Market Share by Country
8.1.1 South America Negative Pressure Wound Therapy (NPWT) Sales and Market Share by Country (2020-2026)
8.1.2 South America Negative Pressure Wound Therapy (NPWT) Revenue and Market Share by Country (2020-2026)
8.2 Brazil Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
8.3 Argentina Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
8.4 Colombia Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
9 Middle East and Africa Negative Pressure Wound Therapy (NPWT) by Countries
9.1 Middle East and Africa Negative Pressure Wound Therapy (NPWT) Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Negative Pressure Wound Therapy (NPWT) Sales and Market Share by Country (2020-2026)
9.1.2 Middle East and Africa Negative Pressure Wound Therapy (NPWT) Revenue and Market Share by Country (2020-2026)
9.2 Saudi Arabia Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
9.3 Turkey Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
9.4 Egypt Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
9.5 Nigeria Negative Pressure Wound Therapy (NPWT) Sales and Growth Rate (2020-2026)
10 Negative Pressure Wound Therapy (NPWT) Market In Developing Countries
11 South America Negative Pressure Wound Therapy (NPWT) 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 (NPWT) 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…
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