Negative Pressure Wound Therapy (NPWT) Has Become A Popular Treatment Modality For The Treatment Of Many Acute And Chronic Wounds

New York, USA, 2018-Aug-16 — /EPR Network/ —According to Goldstein Research, global negative pressure wound therapy market is categorized on the basis of product, application and end user. Products are further segmented into stand-alone NPWT devices, portable NPWT devices, single-use disposable NPWT devices, NPWT accessories (canisters). Single-use NPWT over conventional NPWT devices has evolved as a promising therapy and accounted for the market share of 45% in 2016 owing to cost-effective portability factors. In Europe, the negative pressure wound therapy devices market is forecast to rise from USD 0.50 billion in 2016 to USD 0.63 million by 2020, with an annual growth rate of 4.9%.

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“Global Negative Pressure Wound Therapy Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, competitive analysis includes the in-depth analysis of the major players and leaders in healthcare industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others.

Our primary research team conducted various interviews, surveys and group discussions of industry negative pressure wound therapy manufacturers, suppliers, and distributors, pharmaceutical companies, medical product manufacturers, healthcare institutions, clinical centers, medical research laboratories and academic medical centers and universities to analyze the future prospects of the overall healthcare industry.

Global Negative Pressure Wound Therapy Market Segmentation can be classified on the basis of:

By Product Basis

  • Stand-alone NPWT Devices
  • Portable NPWT Devices
  • Single-use Disposable NPWT Devices
  • NPWT Accessories (Canisters)

By Application

  • Chronic Wounds
  • Pressure Ulcer
  • Diabetic Foot Ulcer
  • Venous Leg Ulcer
  • Arterial Ulcer
  • Acute Wounds
  • Burns & Trauma
  • Surgical Wound

By End User

  • Hospitals & Clinics
  • Ambulatory Surgery Centers (ASCs)
  • Home Care settings

By Geography

  • North America (US, Canada) Negative Pressure Wound Therapy Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Negative Pressure Wound Therapy Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) Negative Pressure Wound Therapy Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) Negative Pressure Wound Therapy Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Negative Pressure Wound Therapy Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Market Trends, Drivers and Challenges

Negative pressure wound therapy overlay technique with collagen dressings is tentatively used for non-healing wounds. These all work together as growth drivers for global negative pressure wound therapy market. Diabetes represents 67% of the market share in global wound therapy market and also work as primary driver as rise in prevalence of diabetes work as a major driver for this market, prevalence of chronic diseases such as diabetes, mellitus, etc. which leads to chronic wounds, rising cases of skin ulcers due to lack of awareness towards hygiene etc. High treatment cost, ongoing controversy regarding high-level evidence in wound care, less implications of implementing NPWT as a treatment strategy in the health-care system, lack of awareness and presence of complexities with negative pressure wound therapy hinders this market.

“Global Negative Pressure Wound Therapy Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Negative Pressure Wound Therapy market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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