Global NegativePressure Wound Therapy Market is anticipated to grow considerably in the forecast period owing to the increasing prevalence of chronic and acute wounds worldwide. Negative pressure wound therapy is a therapeutic method that uses vacuum dressing to treat chronic or acute wounds and improve the healing of second and third degree burns. The vacuum process removes the fluid from wound and increases the flow of blood in the area. Negative pressure wound therapy uses the three types of filter materials for wound; open-cell foam, transparent and gauze film or honeycomb textile.
One
of the major driving factors of negative pressure wound therapy market is the
rising number of hospital that offers improved services for wound care. Most
hospitals are recruiting professional healthcare physicians and nurses, which
will impressively affect its wound care administrative facilities. Several
innovations and developments are taking place in healthcare sector like
advances in accessibility of quality tools and devices. These factors are
improving patients’ satisfaction in hospitals, which ultimately drives the
negative pressure wound therapy industry.
Over
the years, the requirement for negative pressure wound therapy has extensively
grown due to its benefits like improved treatment of transplant skin, reduced
odds of wound diseases for open fractures and traumas and low hospital
mortality in patients with mediastinitis. Nevertheless, unrecognized
complications of negative pressure wound therapy like injuries and deaths due
to infection and absence of proof of clinical sufficiency are expected to
hinder the growth of negative pressure wound therapy (NPWT) market.
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Negative
pressure wound therapy industry is categorized on the basis of product, wound
type, end user, and geography. On the basis of product type, the industry is
divided into standalone NPWT devices, single-use disposable NPWT devices,
portable NPWT devices, and NPWT accessories (canisters). Owing to the increase
in demand for small and smart devices, portable NPWT devices is expected to
lead the market in the forecast period.
Based
on wound type, negative pressure wound therapy market is divided into diabetic
foot ulcers, venous leg ulcers, pressure ulcers, burn wounds, and others. In
the recent years, large number of burn wounds cases have been registered. In
terms of end user, the market is divided into home care settings, hospitals and
others. The increase in demand for negative pressure wound therapy devices by
hospitals is expected to lead hospital segment in the forecast period.
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Geographically,
negative pressure wound therapy (NPWT) industry is segmented as North America,
South America, Europe, Asia Pacific, and Middle East & Africa. North
America followed by Europe are predicted to lead the market for negative
pressure wound therapy in terms of revenue. Asia Pacific is expected to
register significant growth in the coming years owing to the growing disposable
income of consumers.
The
key players in negative pressure wound therapy industry comprise ConvaTec,
Smith & Nephew, Cardinal Health, Acelity, Talley Group Ltd, HARTMANN GROUP,
and Mölnlycke Health Care.
Market
Segment:
Global
Product Outlook (Revenue, USD Million; 2014 - 2025)
• Conventional NPWT
• Single-use NPWT
Global
Type Outlook (Revenue, USD Million; 2014 - 2025)
• Diabetic Foot Ulcers
• Venous Leg Ulcers
• Pressure Ulcers
• Burn Wounds
• Others
Global
End Use Outlook (Revenue, USD Million; 2014 - 2025)
• Hospitals
• Homecare
• Others
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
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