The growing
prevalence of chronic ailments such as cardiovascular diseases,
diabetes, and peripheral vascular diseases has spurred the negative
pressure wound therapy (NPWT) market. Patients who suffer from acute
illnesses such as cancer and neurological disorders often have to
stay in hospitals for a longer period of time, thereby leading to
long-term bed occupancy. This in turn increases the rate of decubitus
ulcers.
Continuously
increasing geriatric population also increases the financial burden
on healthcare authorities. As a result, patients nowadays prefer the
compact, portable, and easy-to-use NPWT devices. The USP of NPWT
devices is that they can be used conveniently at home, which is a key
factor propelling the global negative pressure wound therapy market.
Browse
full
Negative
Pressure Wound Therapy
Market Report
at :
This report presents
a detailed analytical overview of the NPWT market, with its key focus
on analyzing the growth drivers, market restraints, potential
threats, and opportunities. For a detailed market study, the global
NPWT market has been classified on the basis of products and
geography.
Based on product
type, the market for NPWT is bifurcated into conventional NPWT
devices and single use NPWT devices. The conventional NPWT devices
segment encompasses canisters, pumps, dressing kits, and tubes. Of
the key market segments, single use NPWT devices are forecast to
expand at an incredible17.7% CAGR during 2014-2020.
Browse
the full Press Release:
The report is
drafted comprehensively to provide insights on the NPWT market and
help stakeholders determine their future course of action.
Overview of the
global negative pressure wound therapy market
Since its advent in
1997 in the U.S., NPWT has evolved considerably. Advanced dressing
features and functionalities have been introduced to enhance
efficiency of the procedure and to make the process more
user-friendly. The improved features and functionalities of NPWT has
made the system more suitable for use in hospitals, healthcare and
rehab centers, and home environments.
The report predicts
that the global NPWT market, which stood at US$1.5 billion in 2013,
will reach an estimated valuation of US$2.9 billion in 2020,
developing at an impressive 10.2% CAGR between 2014 and 2020.
According to a
recent report published by the American Diabetes Association, almost
30 million children and adults worldwide are affected by diabetes.
15% of the people suffering from this ailment experience foot ulcers
at some point of their life. This often leads to infections,
gangrene, and ulceration, which are complicated and expensive
consequences of diabetes. Hence, the demand for NPWT is significantly
augmented across the globe to ensure efficient treatment of such
patients.
Companies mentioned
in the research report
Some of the
prominent vendors operating in the market identified in the report
are Talley Group Limited, ArjoHuntleigh International AB, Medela AG,
Mölnlycke Health Care AB, ConvaTec, Inc., Devon Medical, Inc.,
Kinetic Concepts, Inc., Smith & Nephew PLC, Genadyne
Biotechnologies, Inc., and Prospera Technologies LLC.
Global NPWT Market
Segments Based on Products:
Conventional NPWT
Devices
Single Use NPWT
Devices
Major geographies
analyzed under this research report are:
Europe
North America
Asia-Pacific
Rest of the World
This report gives
you access to decisive data such as:
Market growth
drivers
Factors limiting
market growth
Current market
trends
Market structure
Market projections
for the coming years
Key highlights of
this report
Overview of key
market forces propelling and restraining market growth
Up-to-date analyses
of market trends and technological improvements
Pin-point analyses
of market competition dynamics to offer you a competitive edge
An analysis of
strategies of major competitors
An array of graphics
and SWOT analysis of major industry segments
Detailed analyses of
industry trends
A well-defined
technological growth map with an impact-analysis
Offers a clear
understanding of the competitive landscape and key product segments
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a Brochure of this :
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Contact
Mr.
Nachiket Ghumare
90
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