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North America Negative Pressure Wound Therapy Market Size, Share, Analysis, Trends and Forecast to 2025
North America Negative Pressure Wound Therapy Market Size, Share, Analysis, Trends and Forecast to 2025North America negative pressure wound therapy market by type, application, end users and geographical regions. Key players such as Mölnlycke Health Care, Acelity L.P. Inc., Smith & Nephew Plc., Devon International Group, Inc., Cardinal Health, Inc. and Medela (Olle Larsson Holding AG).
Precision Business Insights (PBI) in its report titled “Global North America negative pressure wound therapy market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 and Forecast 2018-2025” assesses the market performance over eight years forecast period over 2018-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
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Negative pressure wound therapy is type of therapy in which suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and also keeps the area clean. This will help to prevent and heal the infection. The devices for the negative pressure wound therapy are mechanical or powered (electrical).
Market boosts and restraining factors
North America negative pressure wound therapy (NPWT) devices market is mainly driven by the growing awareness and adaptation of NPWT devices. Furthermore, presence of the key market players in the region and technological advancements of negative pressure wound therapy devices may drive the market revenue growth in North America Region. However, recent product recalls and availability of alternative wound therapy procedures may hamper the North America negative pressure wound therapy market over the forecast period.
North America negative pressure wound therapy devices market is segmented based on type, application, end users and geographical regions.
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Market study in various North American countries
North America Negative Pressure Wound Therapy Devices market is segmented into Canada and United States (U.S.). U.S. negative pressure wound therapy devices market expected to account for major revenue share owing to presence of well-informed patient pool and growing adaptation rate of NPWT devices coupled with growing prevalence rates of diabetes and chronic wounds in the country.
According to the U.S. National Institute of Health, chronic wounds currently affect about 6.5 Mn people in U.S. and numbers likely to increase.
While Canada negative pressure wound therapy devices market projected to have significant growth rate over the forecast period due to new product launches and increase in adaptation of NPWT devices for wound healing.
For instance, in November 2012, Kinetic Concepts, Inc. (Acelity L.P. Inc.) launched V.A.C. Ultra NPWT system in Canada.
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Some of the key players in NPWT market include
• Mölnlycke Health Care (Sweden)
• Acelity L.P. Inc. (U.S.)
• Smith & Nephew Plc (U.K.)
• Devon International Group, Inc. (U.S.)
• Cardinal Health, Inc. (U.S.)
• Medela (Olle Larsson Holding AG) (Switzerland)
• Carilex Medical Inc. (China)
• Equinox Medical Technologies B.V. (Netherlands)
• ConvaTec Group plc (U.K.)
• H & R Healthcare Ltd. (U.K.)
Detailed segmentation
By type
• Single Use / Disposable
• Conventional Use
By application
• Pressure Ulcers
• Diabetic Foot Ulcers
• Burn Wounds
• Venous Leg Ulcer
By end users
• Hospitals
• Ambulatory Surgical Centres
• Homecare
• Others
By geographical regions
• North America
• Asia Pacific
• Europe
• The Middle East and Africa (MEA)
• Latin America
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