negative pressure wound therapy companies

The single-use NPWT devices segment is projected to grow at the highest CAGR, owing to advantages associated with these devices such as lightweight nature, better reimbursement insurance, and advanced dressing options. This feature leads to their use in hospital settings where serious chronic and acute wounds are treated On the basis of product, the conventional NPWT devices segment generated the highest revenue in the global NPWT devices market, owing to the ability of these devices to heal wounds with large amount of exudate. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA). On the basis of end user, the market is segregated into hospitals & clinics, ambulatory surgery centers, and home care settings. Similarly, the acute wounds segment is further divided into burns & trauma and surgical wounds. The chronic wounds segment is further classified into pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers. As per wound type, it is categorized into chronic and acute wounds. On the basis of product, it is bifurcated into single-use NPWT devices and conventional NPWT devices. The global negative pressure wound therapy devices market is segmented on the basis of product, wound type, end user, and region. On the contrary, increase in focus on advancements of treatment protocols, significant unmet needs in wound care field, and high market potential in untapped emerging economies are anticipated to serve as lucrative opportunities for the market expansion. However, lack of trained professionals and complications caused due to use of negative pressure wound therapy devices hinder the growth of the global negative pressure wound therapy market. Moreover, availability of novel and advanced negative pressure wound therapy devices, which are patient-friendly and easy to use fuel the negative pressure wound therapy devices market growth. In addition, rise in patient awareness toward the availability of cost-effective NPWT devices such as single-use devices and surge in number of casualties due to accidents & traumas also boost the NPWT devices market growth.įactors such as rise in geriatric population across the globe, which are highly susceptible to various medical conditions leading to formation of different types of wounds, also boost the growth of the market. Rise in incidences of chronic diseases such as diabetes mellitus and obesity majorly drive the NPWT devices market growth. These devices are used in different medical settings such as hospitals & clinics and ambulatory surgical.

Whereas acute wounds include diabetic foot ulcers, venous leg ulcers, and others. In addition, some of chronic wounds include incisions, burns, and trauma wounds. In addition, these devices are used in treatment of various types of wounds such as chronic wounds and acute wounds. These devices work by directly evaporating the exudate with the help of specially designed wound dressings, which are used to cover the wound during negative pressure wound therapy. However, single use NPWT devices work without canisters.

The collection of exudate aids in treatment of wound by facilitating wound healing and preventing any type of infection. Furthermore, the device also has canisters, which are employed for the collection of exudate material from a wound. These devices comprise a pump, which is responsible for generating negative pressure around a wound.

The global negative pressure wound therapy market size accounted for $2,144 Million in 2020, and is expected to reach $3,347 Million by 2027, registering a CAGR of 5.7% from 2020 to 2027.Negative pressure wound therapy devices are defined as medical equipment that use negative pressure to treat wounds. Negative Pressure Wound Therapy Devices Market Statistics (2020-2027)

Negative pressure wound therapy companies