Negative Pressure Wound Therapy (NPWT) Market Report Trends, Business Techniques, Technological Advancement, Industry Overview and New Project Investment Feasibility by Forecast 2025 |With Major Key Players: Talley Group Limited, Devon Medical, Cardinal H

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.

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.

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Competitive Analysis:
Key players are highly focused on the development of innovative products and strategic acquisitions to ensure theirpositions 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.

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 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.

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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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.

Table Of Content:-
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Reduced Duration of Hospital Stay For Patients
3.3.1.2. Rise in Awareness about Advanced Wound Care
3.3.1.3. Decreased Chances of Infection in Wounds
3.3.2. Restraints
3.3.2.1. Lack of Evidence of Clinical Effectiveness
3.3.3. Opportunities
3.3.3.1. Rising Cases of Casualties due to Accidents
3.3.3.2. Advantages in Chronic Diseases such as Diabetes Mellitus
3.4. Industry Trends

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)

...CONTINUED FOR TOC

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Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. 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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