Press release
Negative Pressure Wound Therapy Market 2019 Revenue, Opportunity & Major Companies to Cross US $ 2230 Mn By 2025 | Acelity (KCI), Smith & Nephew, Cardinal Health, Devon, Medela, Triage Meditech, WuHan VSD, Talley Group
Industry OverviewThe global Negative Pressure Wound Therapy market is valued at 1400 million US$ in 2017 and will reach 2230 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Negative Pressure Wound Therapy market based on company, product type, end user and key regions.
Negative Pressure wound therapy (NPWT) is used to treat acute and chronic wounds. A vacuum source creates continuous or intermittent negative pressure inside the wound to remove fluid, exudates, and infectious materials to prepare the wound for healing and closure.1 NPWT systems consist of a vacuum pump, drainage tubing, foam or gauze wound dressing, and an adhesive film dressing that covers and seals the wound.
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North America is the largest market of negative pressure wound therapy, both in production and consumption. In 2015, North America supplied more than 60% and consumed more than 50% of the global negative pressure wound therapy.
Europe is the second largest market, following North America. Asia area is the emerging market with a higher growth rate. While the negative pressure wound therapy industry in Asia market is still underdevelopment with many hospitals and patients are still using common gauze to cure wound.
In recent years, disposable negative pressure wound therapy is more and more popular. Among them, PICO single use product provided by Smith & Nephew is outstanding.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
• Acelity (KCI)
• Smith & Nephew
• Cardinal Health
• Devon
• Medela
• Triage Meditech
• WuHan VSD
• Talley Group
The study objectives of this report are:
• To study and analyze the global Negative Pressure Wound Therapy market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
• To understand the structure of Negative Pressure Wound Therapy market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Negative Pressure Wound Therapy companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Negative Pressure Wound Therapy submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Negative Pressure Wound Therapy market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Market Segments:
Market size by Product
• Conventional NPWT Devices
• Disposable NPWT Devices
Market size by End User
• Hospitals
• Clinics
• Homecare
Market size by Region
• North America
• Asia-Pacific
• Australia
• Europe
• Rest of Central & South America
• Middle East & Africa
• GCC Countries
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