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Asia Pacific Negative Pressure Wound Therapy Market Size and Share Analysis to 2023, Key Players-ConvaTec, Inc., Devon Medical, Inc., Kinetic Concepts, Inc., Mölnlycke Health Care AB, Prospera Technologies LLC, Smith & Nephew plc and Spiracur, Inc.

11-12-2018 02:24 PM CET | Health & Medicine

Press release from: Research Cosmos

Asia Pacific Negative Pressure Wound Therapy Market

Asia Pacific Negative Pressure Wound Therapy Market

Asia Pacific Negative Pressure Wound Therapy Market Overview:

Negative pressure wound therapy (NPWT) is an advanced wound treatment that applies a negative or atmospheric pressure to a wound in a closed system. NPWT devices use an electric and mechanical suction pump to continuously or intermittently transmit negative pressure through connecting tubes to specially designed bandage kits with resistant foam and gauze bandages, which promotes faster healing wounds. It promotes wound healing by reducing edema, stimulating the proliferation of granulation cells and tissues and increasing blood circulation. These systems can be used for the treatment of surgical wounds, traumatic wounds, chronic wounds such as diabetic foot ulcers and venous stasis ulcers, as well as pressure ulcers. NPWT systems are segmented according to the type of devices in conventional NPWT systems and single-use NPWT systems. In addition, conventional TPN systems are bifurcated based on disposables in cans, pumps and preparation kits. In addition, TPN systems can also be used for the treatment of wounds associated with burns and mesh grafts.

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Asia Pacific Negative Pressure Wound Therapy Market-Drivers and Restraints:
The main factors that contribute to the growth of this market are the general increase in the geriatric population, and increase in the incidence and prevalence rates of chronic diseases such as cancer and diabetes that lead to an increase in the number of severe wounds. In addition, the strong reputation of advanced wound treatment devices and the patient's preference for treatment with minimal side effects are also driving the growth of this market.

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Asia Pacific Negative Pressure Wound Therapy Market-Geographic Segmentation:
North America is the largest market for NPWT systems due to the increasing prevalence of chronic diseases, greater patient awareness, favorable reimbursement policies and rapid aging of the population. Europe is the second largest market due to the high incidence of traffic accidents and the higher prevalence of chronic wounds. However, the increase in health spending and volatile economic conditions have led to weak growth in the global market. The Asia-Pacific region is expected to experience the highest growth due to strong economic developments, favorable government policies and high demand for cutting-edge wound treatment products.

Some of the prominent players of the Asia Pacific Negative Pressure Wound Therapy Market:
ConvaTec, Inc., Devon Medical, Inc., Kinetic Concepts, Inc., Mölnlycke Health Care AB, Prospera Technologies LLC, Smith & Nephew plc and Spiracur, Inc.
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Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

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