Negative Pressure Wound Therapy Market – Overview
Negative pressure wound therapy, sometimes called a vacuum aided closure, is a treatment with a suction chamber, tube, and dressing to remove excess exudative fluid and encourage healing in first and second-degree burns and third and fourth-degree wounds. It has been shown to be effective in both healing time and the appearance of the wound. The treatment is especially desirable for patients who are unable to receive standard wound care. In fact, many burn units now accept this as an alternative to standard treatments, since it has been shown to have lessened the incidence of infection and quicker healing time relative to other types of therapy. The global negative pressure wound therapy market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global negative pressure wound therapy market is expected to witness significant growth during the forecast period, owing to the high rate of cesarean sections in elderly mothers.
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Market Drivers –
Increasing prevalence of chronic diseases such as ulcers and diabetes is expected to drive the growth of the global negative pressure wound therapy market during the forecast period. According to the World Health Organization (WHO), the number of people with diabetes has increased from 108 million in 1980 to 422 million in 2014. According to the same source, in 2016, around 1.6 million deaths were directly caused due to diabetes. A diabetic foot ulcer is one of the major wounds that require negative pressure wound therapy. Hence, such factors are expected to drive the growth of the global negative pressure wound therapy market during the forecast period. Furthermore, the high rate of cesarean sections in elderly mothers is expected to propel the global negative pressure wound therapy market growth over the forecast period.
Market Restraint –
High costs and complications associated with this therapy are expected to restrain the growth of the global negative pressure wound therapy market during the forecast period.
The Negative Pressure Wound Therapy Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Negative Pressure Wound Therapy Market, which highlights the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
Which market aspects are illuminated in the report?
- Executive Summary: It covers a summary of the most vital studies, the Negative Pressure Wound Therapy market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
- Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Negative Pressure Wound Therapy Market, the years measured, and the study points.
- Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability, and other significant features.
- Manufacture by region: This Negative Pressure Wound Therapy report offers data on imports and exports, sales, production, and key companies in all studied regional markets
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Highlighted of Negative Pressure Wound Therapy Market Segments and Sub-Segment:
Competitive Section –
Major companies involved in the global negative pressure wound therapy market are Acelity, Coloplast, Medela, Cardinal Health, Atmos, Lohmann & Rauscher, Carilex Medical, Prospera, and Medline.
For instance, in March 2020, Smith+ Nephew launched the new PICO 14 Single Use Negative Pressure Wound Therapy System (sNPWT).
Segments On the basis of Product Type, this report displays the sales volume (K MT), Revenue (Million USD), product price (USD/MT), market share, and growth rate of each type, primarily split into
- Standalone NPWT Devices
- Single-use Disposable NPWT Devices
- Portable NPWT Devices
- NPWT Accessories (Canister)
Segments On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share, and growth rate of Negative Pressure Wound Therapy for each application, including
- Hospitals & Clinics
- Ambulatory Surgery Centers (ASCs)
- Home Care
Regional Insights –
Among regions, North America is expected to witness significant growth in the global negative pressure wound therapy market during the forecast period. This is owing to the increasing incidence of accidents and traumas, burn wounds, and pressure ulcers across the U.S. Moreover, Asia Pacific is expected to register a robust growth rate, owing to improving healthcare infrastructure and the high prevalence of diabetes in the region.
Why Should Buy This Report From Stratagem Market Insights?
- This report offers a broad and concise analysis of the Negative Pressure Wound Therapy market using a robust research methodology and focusing on various data available for the historical period of the past few years.
- Provides in-depth research analysis of the overall Negative Pressure Wound Therapy market. which can help save time for start-up businesses related to the Negative Pressure Wound Therapy Market.
- The Negative Pressure Wound Therapy markets’ latest news, forecast analysis as well as the key competitors of the market are easily available with all the necessary information.
- This Negative Pressure Wound Therapy market report comprises graphs, pie charts, and other representations that can help the reader understand the information at a glance.
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Main points in Negative Pressure Wound Therapy Market Report Table of Content:
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Negative Pressure Wound Therapy Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Negative Pressure Wound Therapy Industry Impact
Chapter 2 Negative Pressure Wound Therapy Competition by Types, Applications, and Top Regions and Countries
2.1 Negative Pressure Wound Therapy (Volume and Value) by Type
2.3 Negative Pressure Wound Therapy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Negative Pressure Wound Therapy Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Negative Pressure Wound Therapy Market Analysis
Chapter 6 East Asia Negative Pressure Wound Therapy Market Analysis
Chapter 7 Europe Negative Pressure Wound Therapy Market Analysis
Chapter 8 South Asia Negative Pressure Wound Therapy Market Analysis
Chapter 9 Southeast Asia Negative Pressure Wound Therapy Market Analysis
Chapter 10 Middle East Negative Pressure Wound Therapy Market Analysis
Chapter 11 Africa Negative Pressure Wound Therapy Market Analysis
Chapter 12 Oceania Negative Pressure Wound Therapy Market Analysis
Chapter 13 South America Negative Pressure Wound Therapy Market Analysis
Chapter 14 Company Profiles and Key Figures in Negative Pressure Wound Therapy Business
Chapter 15 Negative Pressure Wound Therapy Market Forecast (2021-2028)
Chapter 16 Conclusions
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