Latin America Negative Pressure Wound Therapy (NPWT) Devices Market Trends 2021: Updated Business Statistics and Research Methodology

Precision Business Insights published a research report on “Latin America Negative Pressure Wound Therapy Devices 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) - Global/Region/Country Forecast to 2027”.

Negative pressure wound therapy (NPWT) is often regarded as the best therapeutic option, particularly for deep acute wounds and persistent chronic wounds such as leg ulcers. Chronic wounds cause issues such as infection, ulceration, and inadequate blood flow, lengthening the time it takes for the wound to heal. Venous ulcers, diabetic foot ulcers, and pressure ulcers are the most frequent chronic sores. According to the International Journal of Advances in Medicine (2018), India has over 43 million instances of diabetes, with about 14% of these persons suffering from diabetic foot ulcers. According to a survey performed by the Wound Healing Society (WHS) in the United States, roughly 8.3 million persons in the United States suffered wounds with or without infection in 2018. The deployment of lockdowns and partial plant closures during the COVID-19 epidemic affected the market for NPWT devices throughout the world in the first two quarters of 2020. Individuals' monthly income was harmed as a result of this, and restrictions in the processing of products at ports resulted in a decrease in NPWT device commerce.

View detailed report description here https://precisionbusinessinsights.com/market-reports/latin-america-negative-pressure-wound-therapy-npwt-devices-market/

In the forecast period of 2020-2027, rising chronic illness incidence, rising spending on chronic and surgical wounds, government measures to avoid SSIs, and favorable reimbursement would likely promote the growth of the negative pressure wound treatment devices market. In the above-mentioned projection period, however, the developing healthcare sector, as well as rising applications from emerging nations, would further increase different prospects that will contribute to the expansion of the negative pressure wound treatment devices market. In the projected period, the market for negative pressure wound treatment devices would be hampered by the high cost of NPWT devices and poor adoption. The government's strict regulatory standards are creating a challenge to the market for negative pressure wound care devices.

Negative pressure wound therapy devices market is fragmented in terms of wound type, product type, end user and distribution channel. In term of product type, the negative pressure wound therapy devices market is categorized into portable, stand-alone, and disposable. In terms of wound type, the negative pressure wound therapy devices market is segregated into diabetic ulcers, surgical wound, pressure ulcers, burn, venous ulcers and others. Negative pressure wound therapy devices market has also been categorized based on the end user into wound care centers, hospitals, home healthcare, ambulatory centers, clinics and community centers. In terms of distribution channel, the negative pressure wound therapy devices market is divided into retail and direct tenders.

Throughout the projected period, Latin America will have the largest share of the market for NPWT devices. This is due to the region's increased market presence, higher healthcare expenditures, and increased research and development (R&D) efforts.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=18452

There are some major players working in latin america negative pressure wound therapy 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.)

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 85278174

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.