Market Highlights:

Negative Pressure Wound Therapy Market Research Report: By Product Type (Conventional Negative Pressure Wound Therapy Devices), Wound Type (Surgical and Traumatic Wounds, Ulcers, and Burns), & End-User (Hospitals and Others)— Global Forecast till 2027

The global negative pressure wound therapy is predicted to register 6.7% CAGR during the forecast period (2018-2023) owing to the rising prevalence of chronic diseases, asserts Market Research Future (MRFR). NPWT, also known as negative-pressure wound therapy is referred to as a sealed wound-care system, majorly indicated for acute complicated wounds and large chronic persistent wounds. The system comprises a foam dressing and a controlled pump which drains out the wound. Negative pressure is applied around the wound which promotes healing. Such devices are used to manage chronic and acute wounds like venous ulcers, diabetic ulcers, pressure ulcers, arterial ulcers, and first- and second-degree burns. The therapy heals wound by applying vacuum through a sealed wound dressing. The vacuum further draws out the debris and fluid from the wound and helps to increases blood supply to the affected area.

The global negative pressure wound therapy (NPWT) market is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 2.24 billion in 2017 and is projected to register a CAGR of 6.7% over the forecast period.

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The prominent players operating the global negative pressure wound therapy market are Lohmann & Rauscher International GmbH & Co. Kg, Talley Group, Genadyne, Smith & Nephew, Medela, DeRoyal Industries Inc., Mölnlycke Health Care AB (A Subsidiary of Investor AB), ACELITY L. P. Inc., Cardinal Health, and ConvaTec Group Plc.

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Global Negative Pressure Wound Therapy Market: Segmental Analysis
The global negative pressure wound therapy market has been segmented on the basis of wound type, product type, end-user, and region.

By mode of product type, the global negative pressure wound therapy market has been segmented into single-use negative pressure wound therapy devices, conventional negative pressure wound therapy devices, and accessories. Among these, the conventional segment is considered to account for the largest market share owing to the ability of conventional negative pressure wound therapy devices to manage severe wound exudates.

By mode of wound type, the global negative pressure wound therapy market has been segmented into ulcers, surgical and traumatic wounds, and burns. Among these, the ulcers segment has been further sub-segmented into venous ulcers, diabetic foot ulcers, pressure ulcers, and others. Surgical and traumatic wounds account for the largest market share owing to the increasing prevalence of such wounds coupled with an increasing spending on surgical and chronic wounds.

By mode of end-users, the global negative pressure wound therapy market has been segmented into home care settings, hospitals, and others. Among these, the hospitals segment is considered to account for the largest market share owing to the high number of surgeries performed in hospitals.

Regional Analysis:

Geographically, the negative pressure wound therapy market span across regions namely, Europe, Americas, Asia-Pacific, and the Middle East and Africa.

Among all the regions, America is anticipated to dominate the global negative pressure wound therapy market. The growth is attributed to the presence of well-developed healthcare sector, augmenting rate of accidents, increasing prevalence of diabetes, and rising expenditure of the healthcare sector.

The European region is presumed to account for the second largest position owing to the increasing prevalence of chronic diseases and accelerating occurrences of burn cases and accidents. The Asia-Pacific region is anticipated to exhibit the fastest growth rate due to the presence of a huge population base of diabetic patients coupled with the rising developments in the healthcare segment.

Table Of Content:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

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