Global Negative Pressure Wound Therapy Devices Market Analysis 2018 With Top Players In Industry Like Acelity, Smith & Nephew, Mölnlycke, ConvaTec, 3M

Negative pressure wound therapy devices Market Report Analyses all the Segments and Sub Segments. Coated prime companies by all the Regions. glowing Growth Seen in Animal business by 2025.The global market is anticipated to grow at a high CAGR over the forecast quantity of 2018 – 2025, as per the report. The negative pressure wound therapy devices market is increasing rapidly worldwide and growing in the wound therapy devices business. The report includes negative pressure wound therapy devices market shares of marketplace for Worldwide including Europe, North America, Asia Pacific and South America.

The Negative pressure wound therapy devices report contains information for historic years 2015 & 2016, the bottom year of calculation is 2017 and also the forecast amount is 2018 to 2025. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Negative Pressure Wound Therapy Devices Market is expected to reach USD 4,975.7 million by 2024 from USD 3,011.3 million in 2016, at a CAGR of 6.0%. The major factors driving the growth of this market are rising aging and geriatric population and technological advancement in negative pressure wound therapy devices increased number of surgical procedures, government support for promoting negative pressure wound therapy rising incidence of diabetes. On the other hand, high cost of products and availability of substitute products hinders the market growth.

The global negative pressure wound therapy devices market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. The global negative pressure wound therapy devices market is dominated by
• Acelity L.P. Inc.
• Smith and Nephew
• Molyncke HealthCare

Key Points: Global Negative Pressure Wound Therapy Devices Market

• Global negative pressure wound therapy devices market is dominated Acelity L.P. Inc., followed by Smith and Nephew and Molyncke Healthcare along with others such as 3M, ConvaTec Inc, among others.

• The global stand-alone negative pressure wound therapy devices Devices market is expected to reach USD 1,465.5 million by 2024, from USD 859.9 million in 2016, growing at the highest CAGR of 7.2%.

• The global surgical wound market is expected to reach USD 1,951.2 million by 2024, from USD 1,249.7 million in 2016, growing at a CAGR of 8.7%.

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Market Segmentation: Global Negative Pressure Wound Therapy Devices Market

• Global negative pressure wound therapy devices market is segmented on the basis of product type, wound type, end user and distribution channel. On the basis of product type, the Global negative pressure wound therapy devices market is segmented into stand-alone negative-pressure wound therapy devices, portable negative-pressure wound therapy devices and disposable negative-pressure wound therapy devices. In 2017, standalone negative pressure wound therapy devices segment is expected to dominate the Global negative pressure wound therapy devices market with 51.1% market share and is expected to reach USD 2,104.7 million by 2024, growing with a CAGR of 3.2% in the forecast period 2017 to 2024.

• On the basis of wound type, the Global negative pressure wound therapy devices market is segmented into surgical wound, diabetic ulcers, burns, pressure ulcers, venous ulcers and others. In 2017, surgical wound is expected to dominate the Global negative pressure wound therapy devices market with 41.3% market share and is expected to reach USD 1,951.2 million by 2024, growing with a CAGR of 5.3% in the forecast period 2017 to 2024.

• On the basis of end-user, Global negative pressure wound therapy devices market is segmented into hospitals, wound care centres, ambulatory centres, home healthcare, clinics and community healthcare. In 2017, hospital is expected to dominate the Global negative pressure wound therapy devices market with 42.4% market share and is expected to reach USD 1,664.8 million by 2024, growing with a CAGR of 2.5% in the forecast period 2017 to 2024.

• On the basis of distribution channel, Global negative pressure wound therapy devices market is segmented into direct tenders and distributor & retails. In 2017, direct tenders is expected to dominate the Global negative pressure wound therapy devices market with 79.0% market share and is expected to reach USD 4,122.3 million by 2024, growing with the highest CAGR of 6.8% in the forecast period 2017 to 2024.

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