openPR Logo
Press release

Global Negative Pressure Wound Therapy (NPWT) Market is expected to grow at a CAGR of 5.70% During the Forecast Period Owing to the Growing Prevalence of Diabetes and Increasing Spending on Chronic and Surgical Wounds

08-12-2020 07:43 PM CET | Health & Medicine

Press release from: Axiom Market Research & Consulting

Negative Pressure Wound Therapy (NPWT) Market - Axiom MRC

Negative Pressure Wound Therapy (NPWT) Market - Axiom MRC

Wilmington, August 12, 2020: Axiom Market Research & Consulting™ published a latest report on Global negative pressure wound therapy Market which includes study on product type, wound type, end user and major countries of key regions across the globe. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the negative pressure wound therapy.

The increasing prevalence of diabetes across the globe is a major factor contributing to the growth of the negative pressure wound therapy (NPWT) market. As indicated by International Diabetes Federation (IDF), the number of people suffering from diabetes globally is expected to reach 642.0 million by 2040 from 415.0 million in 2015. Besides, according to a study published on National Center for Biotechnology Information (NCBI), global health expenditure on diabetes is expected to reach USD 490 billion in 2030 from 376 billion in 2010. Diabetes and related ulcers, traumatic wounds, and surgical wounds need effective and intense care for healing. Various negative pressure wound therapy devices enable faster and more effective recovery of these conditions. Moreover, availability of novel and advanced negative pressure wound therapy devices, which are patient-friendly and easy to use fuel the negative pressure wound therapy devices market growth.

Download Sample Report: https://www.axiommrc.com/requested_sample/10066-negative-pressure-wound-therapy-market

An Overview of the Impact of COVID-19 on Negative Pressure Wound Therapy (NPWT) Market:

Globally, the COVID-19 outbreak has impacted every aspect of the healthcare industry, including the negative pressure wound therapy market. In the last few months, the number of patient visits to hospitals has reduced significantly, despite emergency and OPD services being available in hospitals. As a result, the number of treatment and diagnostic tests has reduced. This has impacted the sale of negative pressure wound therapy products to some extent.
The global negative pressure wound therapy study discusses in detail the impact of COVID-19 on negative pressure wound therapy market for the year 2020 and beyond.

Browse for More Details: https://www.axiommrc.com/product/10066-negative-pressure-wound-therapy-market

The report analyses the global negative pressure wound therapy market based on product type, wound type, end user and geography. The various NPWT products that are commercially available in the market are conventional NPWT devices, single use NPWT devices, and accessories. These devices aids in the treatment of various types of wound such as burns and surgical & open wounds, pressure ulcers, diabetic foot ulcers, venous leg ulcers and traumatic wounds. The major end users of this market are home care settings, hospitals etc. Based on geography, the global negative pressure wound therapy market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key players in the global negative pressure wound therapy market include Triage Meditech Pvt. Ltd. (Delhi), Talley Group (UK), Alleva Medical Ltd. (China), Acelity L.P. Inc. (US), Smith & Nephew (UK), Cork Medical (US), 4L Health Co. Ltd. (China), Carilex Medical GmbH (Germany), ChongQing Sunshine Medical Industry & Trading Co (China), Wuhan VSD Medical Science & Technology Co. Ltd. (China), Pensar Medical (US), and Haromed Bvba (Belgium), Mölnlycke Healthcare AB (Sweden), ConvaTec Group Plc (UK), Cardinal Health (US), Paul Hartmann AG (Germany), DeRoyal (US), Lohmann & Rauscher International GmbH & Co KG. (Germany), Medela LLC (Switzerland), and Genadyne Biotechnologies, Inc. (US) among others.

Global Negative Pressure Wound Therapy Market Regional Trend:

North America dominated the negative pressure wound therapy market in terms of revenue share in the year 2019 and is expected to maintain its dominance during the forecast period owing to large availability of trained medical professionals, presence of large number of ageing populace suffering from various chronic diseases, availability of well-developed infrastructure facilities, and presence of majority of key players. In addition, Asia-Pacific is expected to register the fastest growth rate during the estimated forecast period, owing to increase in healthcare expenditure and rise in prevalence of diabetes in the region.

Our Other Related Reports:

Non-Invasive Surgical Wound Closure Market Report:
https://axiommrc.com/product/hc1876-non-invasive-surgical-wound-closure-market-report

Medical Adhesive Tapes Market Report:
https://axiommrc.com/product/hc2079-medical-adhesive-tapes-market-report

Contact Us:
Ganesh Sai
United States
3 Germay Dr. Ste 4 - 4666
Wilmington DE 19804
U.S.:- + 1 (845) 875-9786
U.K.:- + 44 (0) 20 3286 9707
Email: sales@axiommrc.com

About Us:
Axiom Market Research & Consulting™ is a full-service market research and data analytics company providing key market intelligence to global companies to take informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting™ offers market research services such as syndicated market research, custom market research, business consulting, and consumer/end user surveys. Under Business to Consumer (B2C) market research offerings, Axiom MRC assists its clients in finding quantitative information/preferences of its brands and services such as, awareness, usages, satisfaction, tracking, ethnicity etc. Axiom MRC offers data collection services through online surveys, social media, data processing and interpretation.

Axiom MRC with its experienced team of research and data analysts, has delivered more than 700+ Market Research Projects, 2100+ Data Analytics Projects, 260+ Business Support Projects and has a 400+ Global Client Base. Axiom Market Research & Consulting™ aims to become the preferred market research and data analytics company by providing key market intelligence solutions for client’s business growth.

For more information, visit Axiom Market Research & Consulting™ at www.axiommrc.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Negative Pressure Wound Therapy (NPWT) Market is expected to grow at a CAGR of 5.70% During the Forecast Period Owing to the Growing Prevalence of Diabetes and Increasing Spending on Chronic and Surgical Wounds here

News-ID: 2111000 • Views:

More Releases from Axiom Market Research & Consulting

Increasing investments in the development of renewable energy and upgrading of existing metro lines across the globe are expected to fuel the growth of DC Switchgear Industry
Increasing investments in the development of renewable energy and upgrading of e …
DC switchgear Market is anticipated to grow at a CAGR of 5.90% from 2022 to 2029 Switchgear is a group of electrical devices that includes fuses, circuit breakers, and electrical disconnect switches. They are used to protect, monitor, control, and isolate electrical equipment. A DC Switchgear refers to a type of electrical switchgear that is used for direct current (DC) applications. DC Switchgear is used in a variety of DC power
Bioreactors and Fermenters Market Insights, Trends, Outlook, and Opportunity Ana …
Axiom Market Research & Consulting published a report which covers detailed analysis of key drivers and restricting factors, value chain analysis, economic impact of Bioreactors and Fermenters market, GDP impact and competitive landscape backed by strategic outlook of each company. the global Bioreactors and Fermenters market is projected to grow at an impressive CAGR over the forecast period of 2023 to 2029. the global market is estimated and forecasted in
Pharmacy Automation Market Competitive Landscape, Growth Factors and Forecast 2019 to 2028
Pharmacy Automation Market Competitive Landscape, Growth Factors and Forecast 20 …
In the modern healthcare system, the automation in the pharmacy sector plays an important role, as it minimizes the errors during the manual processes including, missing drug information, missing patient information, formulation dispensing, prescription errors, and monitoring therapies. The wrong label instruction and information are major mistakes. As per the National Coordinating council for medication error reporting and prevention (NCC MERP), in U.S. approximately 100 million people die annually from

More Releases for NPWT

Global Negative Pressure Wound Therapy (NPWT) Market Research Report
This report studies the global Negative Pressure Wound Therapy (NPWT) market status and forecast, categorizes the global Negative Pressure Wound Therapy (NPWT) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Atmos Inc. Innovative Therapies, Inc. Invacare Corporation Prospera Medline Industries Inc.
Global Negative Pressure Wound Therapy Market Study 2015-2025, by Segment (Conve …
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. Download exclusive Sample of this report:
United Kingdom Negative Pressure Wound Therapy (NPWT) market segments - NPWT Dis …
"The Report United Kingdom Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" ​United Kingdom Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024 Summary GlobalDatas new report, "United Kingdom Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024", provides key market data on the United Kingdom Negative Pressure Wound Therapy (NPWT) market. Get Sample copy
United States Negative Pressure Wound Therapy (NPWT) market segments - NPWT Disp …
"The Report United States Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" ​United States Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024 Summary GlobalDatas new report, "United States Negative Pressure Wound Therapy (NPWT) Market Outlook to 2024", provides key market data on the United States Negative Pressure Wound Therapy (NPWT) market. Get Sample copy of
Negative Pressure Wound Therapy (NPWT) Devices Market 2016-2020
SA-BRC announces the release of market assessment report on “Global Negative Pressure Wound Therapy (NPWT) Devices Market Assessment & Forecast: 2016-2020”. Affordable rental and reimbursement for rental NPWT devices along with availability of single-use devices has propelled the homecare segment which is anticipated to grow the fastest with a CAGR of 7.1% between 2016 and 2020 according to the new report “Global Negative Pressure Wound Therapy (NPWT) Devices Market Assessment &
Global NPWT Devices Market Professional Survey Report 2017
This report studies NPWT Devices in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Acelity Mlnlycke Health Care 4L Health KCI Smith & Nephew Cardinal Health Devon Medical Paul Hartmann Medela BSN medical Carilex Medical ConvaTec Equinoxo2 Medical Galaxy Medical Products Genadyne H&R Healthcare Innovative