Negative Pressure Wound Therapy Devices (NPWT) Market Growth And Key Industry Players 2021 Analysis

Precision Business Insights published a research report on "Negative Pressure Wound Therapy Devices (NPWT) Market: By Type (Single Use / Disposable, Conventional Use), by Application (Pressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcer), by End-user (Hospitals, Ambulatory Surgical Centres, Homecare and Others) and Geography – Global/Region/Country Forecast to 2027”.

Negative pressure wound treatment devices are medical devices that treat wounds using negative pressure. A pump is included in these devices, and it is responsible for building negative pressure around a wound. Negative pressure wound therapy (NPWT), also known as vacuum-assisted closure, is a wound dressing system that delivers negative pressure to the wound's base on a constant or intermittent basis. Regular and single-use NPWT systems are available commercially, and their use is dependent on criteria such as the size and location of the wound, the patient's overall health, and nutritional condition, among others. NPWT dressings are typically changed every 48 hours, although this can be extended up to 2-6 weeks based on the intensity of the wound. Canisters are included in the device, which are used to gather exudate material from a wound. Exudate collection assists in the treatment of wounds by promoting wound healing and avoiding contamination. Single-use NPWT devices, on the other hand, do not require canisters. These devices function by evaporating the exudate directly using specially designed wound dressings to cover the wound undergoing negative pressure wound treatment.

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The market is primarily driven by an increase in the incidence of chronic illnesses also including diabetes mellitus and malnutrition. Furthermore, an increase in patient knowledge of the availability of low-cost NPWT devices such as single-use devices, as well as an increase in the number of casualties caused by accidents and injuries, are driving the expansion of the negative pressure wound therapy devices market. Furthermore, the expansion of the negative pressure wound therapy devices market is fueled by the accessibility of innovative and sophisticated negative pressure wound therapy devices that are patient-friendly and simple to use. A growing incidence of chronic illnesses, also including diabetes, has resulted in a huge aged population suffering from its comorbidities, diabetic foot wounds, all over the world. In addition, the rising geriatric population, which is plagued by a variety of illnesses and ailments, is causing senior people to lose mobility.

The Global Negative Pressure Wound Therapy (NPWT) Devices Market is fragmented on the basis of Application, Product, and Geography. On the basis of Product, the market is categorized into Conventional NPWT Devices and Single-Use NPWT Devices. On the basis of Application, the market is divided into Home Care settings and Hospitals & Clinics, Ambulatory Surgery Centers (ASCs).
Due to various aspects such as simple device accessibility, North America held the highest negative pressure wound treatment devices market share in 2019 and is anticipated to continue this position during the projected timeline. The existence of a significant number of elderly populations suffering from various chronic conditions, as well as an increase in knowledge about the usage of these goods, all lead to the enhancement of the negative pressure wound treatment devices market.

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There are some key players working in the negative pressure wound therapy (npwt) devices market, which 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.)

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