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Negative Pressure Wound Therapy (NPWT) Market Expanding Technological innovations expected to be around $4 billion by 2025 ; Acelity L.P. Inc., Talley Group Limited, Devon Medical, Cardinal Health, Kinetic Concepts, Inc., Prospera Technologies LLC, Smith

09-18-2018 11:55 AM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Negative Pressure Wound Therapy (NPWT) Market

Negative Pressure Wound Therapy (NPWT) Market

Crystal market research focus on a new research report Negative Pressure Wound Therapy (NPWT) Market analyzes the current and future prospects of the market. This research is a combination of primary and secondary research. The report comprises an elaborate executive summary with market future trend, regional outlook and also research methodology.

To view TOC of this report is available upon request @
https://www.crystalmarketresearch.com/report/negative-pressure-wound-therapy-npwt-market

Competitive Insights
Key players are highly focused on the development of innovative products and strategic acquisitions to ensure their positions in the market at global level. The single use NPWT system PICO (Smith & Nephew) and V.A.C technology (Acelity) are few examples of recent technological advancements in the market. The key players operating in the NPWT market are Acelity L.P. Inc., Talley Group Limited, Devon Medical, Cardinal Health, Kinetic Concepts, Inc., Prospera Technologies LLC, Smith & Nephew plc, ConvaTec Inc., Wondermed Ltd., and Lohmann & Rauscher GmbH & Co. KG.

Industry Trend Outlook -
The negative pressure wound therapy (NPWT) market is expected to be around $4 billion by 2025,due to increased awareness in the developing countries regarding advanced wound care and highly unmet medical needs in these regions. Preference by patients for treatments with minimum side effects and advantages of NPWT (including reduced hospital stay, decreased chances of infections, and lower rate of hospital mortality in patients) are driving the NPWT market.

Application Outlook and Trend Analysis
Diabetic foot ulcers (DFU) segment accounted for the largest share of global NPWT market in 2016, due to rising prevalence of chronic ulcers such as DFU; whereas surgical wounds market is poised to grow at the highest CAGR during the forecast period.

Market Segmentation
By Product:
Conventional NPWT
Single use NPWT

By Application:
Diabetic Foot Ulcers
Venous Leg Ulcers
Pressure Ulcers
Burn Wounds
Others

By End User:
Hospitals&Clinics
Homecare Settings
Others

Request A Sample Copy Including Research Framework @
https://www.crystalmarketresearch.com/report-sample/HC057

Product Outlook and Trend Analysis
Conventional NPWT devices dominated the overall market in 2016. Availability of favorable reimbursement policies and applicability of these devices for major wounds with greater depth are the key factors contributing to the growth of conventional NPWT devices market. Single use NPWT devices are expected to exhibit highest growth rate over the forecast period, due to rise in adoption of single use NPWT devices in homecare settings and cost-effectiveness of these devices.

Negative Pressure Wound Therapy (NPWT) Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa

Regional Outlook and Trend Analysis
North America dominated the global market in 2016. Rising applications and increased adoption of target therapy are the key factors driving the market growth in this region. This has considerably reduced the duration of hospital stay for patients. Australian market exhibits high potential for growth over the forecast period, due toincreasing cases of chronic wounds along with rise in the geriatric population in this country. Also, increase in healthcare spending by Australians will be further contributing to the market growth.

Market Opportunities
The advantages of NPWT in chronic diseases such as diabetes mellitus and rising cases of casualties caused due to accidents ensure a positive scope for future market growth. Technological innovations to develop cost effective disposable NPWT devices will further accelerate the market growth. Rising cases of traumatic events such as exposure to fire related traumas in developing countries will also contribute to the market growth.

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Major Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. NPWTDevices Market, By Product
4.1. Introduction
4.2. NPWT Devices Market Assessment and Forecast, By Product, 2016-2025
4.3. Conventional NPWT
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4. Single Use NPWT
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5. NPWTDevices Market, By Application
5.1. Introduction
5.2. NPWT Devices Market Assessment and Forecast, By Application, 2016-2025
5.3. Diabetic Foot Ulcers
5.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.4. Venous Leg Ulcers
5.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.5. Pressure Ulcers
5.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.6. Burn Wounds
5.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.7. Others
5.7.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
6. NPWTDevices Market, By End User
6.1. Introduction
6.2. NPWT Devices Market Assessment and Forecast, By End User, 2016-2025
6.3. Hospitals
6.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
6.4. Homecare
6.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
6.5. Others
6.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
...CONTINUED FOR TOC

End User Outlook and Trend Analysis
Hospitals & clinics segment accounted for the major share of the overall market in 2016, due to increased focus of hospitals and clinics on providing advanced wound care services andtheir investments towards training and development of healthcare staffs.

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About Crystal Market Research:
Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.

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304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: Sales@Crystalmarketresearch.Com

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