COVID-19 Impact on "Negative Pressure Wound Therapy (NPWT) Market" Analysis by Top Company Profiles Mölnlycke Healthcare AB, ConvaTec Group Plc, Cardinal Health, Paul Hartmann AG, DeRoyal

Negative Pressure Wound Therapy (NPWT) Market research report provides a profound overview of product specification, technology, product type, and production analysis considering major factors such as revenue, cost, and gross margin. Competitor analysis is one of the most important aspects of a market research report which helps businesses decide upon the strategies by comparing them with the competitors. This Negative Pressure Wound Therapy (NPWT) Market report identifies and analyses the emerging trends along with major drivers, inhibitors, challenges, and opportunities in the market. In this era of globalization, the whole world is the marketplace and hence businesses seek to adopt a global market research report.

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Negative Pressure Wound Therapy (NPWT) Market is a professional and complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments, and geographical analysis. This market research report has been structured by thoroughly comprehending the specific requirements of the business. Further, for an unequivocal and better understanding of facts and figures, the data is symbolized in the form of graphs, tables, and charts. This Negative Pressure Wound Therapy (NPWT) Market report gives a list of key competitors with the required specifications and also provides strategic insights and analysis of the key factors influencing the Medical Devices industry.

Negative Pressure Wound Therapy (NPWT) Market by Type (Conventional, Disposable NPWT, Accessories, Rental & Sales Volume), Wound Type (Surgical, Traumatic, Diabetic Foot, Pressure, Venous Leg Ulcers), End-User (Hospital, Homecare) - Global Forecast to 2025

Prominent players in the Negative Pressure Wound Therapy (NPWT) Market include

Acelity L.P. Inc. (US),
Smith & Nephew (UK),
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),
Genadyne Biotechnologies, Inc. (US),
Triage Meditech Pvt. Ltd. (Delhi),
Talley Group (UK),
Alleva Medical Ltd. (China),
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).

The global NPWT devices market is projected to reach USD 3.2 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 6.1%.

Factors such as the rising prevalence of diabetes, government initiatives to prevent SSIs, increasing spending on chronic and surgical wounds, and the high rate of cesarean sections in elderly mothers are driving the growth of the NPWT devices market.

On the other hand, the high cost of the NPWT devices, low adoption rates, and the complications associated with the use of NPWT devices are expected to restrain the growth of this market during the forecast period.

“The Conventional NPWT devices segment accounted for the largest share of the NPWT devices market in 2019.”

Based on products, the NPWT devices market is segmented into conventional NPWT devices, disposable NPWT devices, and NPWT accessories. The conventional NPWT devices segment accounted for the largest share of the NPWT devices market in 2019. Better management of severe wound exudates by the portable conventional NPWT systems, reductions in the total disease bioburden, length of hospital stay, and the overall cost of treatment are the major factors driving the demand for NPWT devices.

“The home care settings segment dominates the global NPWT devices market during the forecast period”

Based on end-users, the NPWT devices market is segmented into hospitals, home care settings, and other end users. The home care settings segment accounted for the largest share of the NPWT devices market in 2019. The increasing sale of disposables and single-use consumables, rising healthcare costs, and an increase in the prevalence of age-related ailments are contributing to the large share of this segment.

“North America will continue to dominate the NPWT devices market during the forecast period.”

The global NPWT devices market is segmented into four major regions, namely, North America, Europe, the Asia Pacific, LATAM, and the Middle East & Africa. North America accounted for the largest share of the global NPWT devices market in 2019. Factors such as increasing incidence of chronic wounds and diabetes, favorable reimbursement scenario, and the introduction of low-cost NPWT devices are driving the growth of the North American NPWT market.

Breakdown of supply-side primary interviews: by company type, designation, and region:

By Company Type - Tier 1: 40%, Tier 2: 30%, and Tier 3: 30%
By Designation - C-level: 27%, Director-level: 18%, and Others: 55%
By Region - North America: 50%, Europe: 20%, APAC: 20%, and the RoW: 10%

Research Coverage

This report studies the NPWT devices market based on product, wound type, end-user, and region. The report also analyzes factors (such as drivers, restraints, opportunities, challenges, and trends) affecting the market growth. It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets with respect to their growth trends, prospects, and contributions to the overall market. The report forecasts the revenue of the market segments with respect to five main regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on business strategies adopted by the major players in the NPWT devices market. The report analyzes the NPWT devices market based on product, wound type, end-user, and region

Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and product launches in the NPWT devices market

Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various NPWT devices across geographies

Market Diversification: Exhaustive information about new NPWT device types, untapped geographies, recent developments, and investments in this market

Competitive Assessment: In-depth assessment of market ranking, strategies, and products of leading players in the NPWT devices market

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Market Scope
1.2.2 Years Considered For The Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Research Approach
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown And Data Triangulation
2.5 Assumptions For The Study

3 Executive Summary

4 Premium Insights
4.1 Npwt Devices Market Overview
4.2 Npwt Devices Market, By Product Type, 2020 Vs. 2025
4.3 Npwt Devices Market, By Wound Type, 2020 Vs. 2025
4.4 Npwt Devices Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Prevalence Of Chronic Diseases
5.2.1.2 Increasing Spending On Chronic And Surgical Wounds
5.2.1.3 Government Initiatives To Prevent Ssis And Favorable Reimbursement
5.2.1.4 High Rate Of Cesarean Sections In Elderly Mothers
5.2.2 Restraints
5.2.2.1 High Cost Of Npwt Devices And Low Adoption
5.2.2.2 Complications And Risks Associated With The Use Of Npwt Devices
5.2.3 Opportunities
5.2.3.1 Growth Potential In Emerging Economies
5.2.4 Trends
5.2.4.1 Growing Usage Of Simplified Single-Use Devices
5.2.4.2 Shift In Revenue Mix From Rentals To Product Sales
5.2.4.3 Technological Advancements In Npwt
5.2.5 Challenges
5.2.5.1 Stringent Regulatory Policies

6 Negative Pressure Wound Therapy Devices Market, By Product Type
6.1 Introduction
6.2 Conventional Npwt Devices
6.2.1 Benefits Of Npwt Drives Demand For Conventional Devices, But High Costs And Large Size Hinder It
6.3 Disposable Npwt Devices
6.3.1 Growing Adoption Of Single-Use Npwt Devices In Home Healthcare Will Drive Market Growth
6.4 Npwt Accessories

7 Negative Pressure Wound Therapy Devices Market, By Wound Type
7.1 Introduction
7.2 Burns And Surgical & Open Wounds
7.2.1 High Incidence Of These Wound Types Drives Demand For Treatment Technologies
7.3 Pressure Ulcers
7.3.1 High Cost Of Treating Pressure Ulcers Has Increased Preference For Cost-Efficient Treatments
7.4 Diabetic Foot Ulcers
7.4.1 Increase In The Prevalence Of Diabetes To Boost Market Growth
7.5 Venous Leg Ulcers
7.5.1 Rise In Geriatric Population Will Drive Prevalence Of Venous Leg Ulcers
7.6 Traumatic Wounds
7.6.1 Increase In The Number Of Emergency Visits Due To Trauma Supports Market Growth

8 Negative Pressure Wound Therapy Devices Market, By End User
8.1 Introduction
8.2 Home Care Settings
8.2.1 Rising Healthcare Expenditure And Increase In The Number Of Surgical Procedures To Drive Demand For Single-Use Npwt In Home Care Settings
8.3 Hospitals
8.3.1 Rising Number Of Surgeries To Drive Market Growth
8.4 Other End Users

9 Negative Pressure Wound Therapy Devices Market, By Region
9.1 Introduction
9.2 North America
9.2.1 Us
9.2.1.1 Rising Prevalence Of Diabetes And Favorable Reimbursement Policies In The Country To Boost The Market Growth
9.2.2 Canada
9.2.2.1 Increasing Government Support To Boost Market Growth
9.3 Europe
9.3.1 Uk
9.3.1.1 Increase In R&D Activity Propels Market Growth
9.3.2 Germany
9.3.2.1 Germany Has Registered An Increasing Incidence Of Diabetes
9.3.3 France
9.3.3.1 Increasing Incidence Of Diabetes And Growth In The Geriatric Population To Drive Demand For Npwt Devices
9.3.4 Russia
9.3.4.1 Government Focus On Increasing Diabetes Awareness Will Favor Market Growth In Russia
9.3.5 Italy
9.3.5.1 Italy Is An Emerging Market For Npwt In Europe
9.3.6 Spain
9.3.6.1 Increasing Life Expectancy And Growing Geriatric Population Will Favor Npwt Product Demand In Spain
9.3.7 Rest Of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 Increasing Incidence Of Dfus To Support The Use Of Single-Use Npwt Devices
9.4.2 India
9.4.2.1 Rising Surgical Volumes And Growing Investments Indicate Strong Opportunities For Market Growth
9.4.3 Japan
9.4.3.1 Favorable Regulations In Japan Have Boosted Product Launch And Commercialization Activity
9.4.4 Australia
9.4.4.1 Awareness Of Diabetes Management Has Risen, Indicating Favorable Prospects For Npwt
9.4.5 South Korea
9.4.5.1 Increasing Awareness And Focus On Training Drive The South Korean Market
9.4.6 Singapore
9.4.6.1 Increased Healthcare Spending To Support Market Growth In Singapore
9.4.7 Rest Of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.1.1 Brazil Is One Of The Largest Markets For Healthcare In The Latin American Region
9.5.2 Mexico
9.5.2.1 Rising Awareness And Burden Of Diabetes Favor Market Growth In Mexico
9.5.3 Rest Of Latin America
9.6 Middle East & Africa
9.6.1 Rising Diabetes Prevalence Supports Market Growth

10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis, 2018
10.2.1 Npwt Devices Market For Home Care Settings
10.2.2 Npwt Devices Market For Hospitals
10.3 Competitive Leadership Mapping (Overall Market)
10.4 Vendor Inclusion Criteria
10.5 Vendor Dive
10.5.1 Visionary Leaders
10.5.2 Innovators
10.5.3 Dynamic Differentiators
10.5.4 Emerging Companies
10.6 Competitive Scenario
10.6.1 Product Launches
10.6.2 Acquisitions & Partnerships

11 Company Profiles

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