Npwt Devices And Dressings Market Sales to Rake in Whopping US$ 3963 Mn by 2027| Acelity (Kinetic Concepts, Inc.), Smith and Nephew PLC and more

Npwt Devices And Dressings Market 2022

The global Npwt Devices And Dressings Market is expected to reach US$ 3963 Mn by the year 2027 at a CAGR of 7.1%. Healthcare systems have been basically emphasizing on affordability as well as quality of the medical services. However, now, digitization has come through, which would drive revolution in the same healthcare vertical. The life sciences would go digitally innovative. This would be the way healthcare vertical would go in the next 10 years.

The US$ 1991.5 Mn global negative pressure wound therapy (NPWT) devices and dressings market is projected for promising growth over the next 10 years. The global sales of NPWT devices and dressings are likely to expand at a healthy CAGR of 7.1% and reach a value of over US$ 3963 Mn by the end of 2027.

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According to Persistence Market Research, developing countries hold a greater growth potential, attributed to exploding population and higher instances of diabetic ulcers. While government and private investments in healthcare are boosting since the recent past, the number of healthcare facilities is growing as well. Besides diabetes, there are a few other diseases that are identified to generate decent demand for NPWT devices and dressings, including autoimmune diseases and a range of chronic illnesses.

Key Players:

The report has profiled some of the important players prevalent in the global like - Acelity (Kinetic Concepts, Inc.), Smith and Nephew PLC., Mölnlycke Health Care, Cardinal Health Inc., Paul Hartmann AG, Medela, Devon Medical Products, and Avery Dennison Corporation and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the NPWT Devices And Dressings Market.

In addition, better response rate has been registered owing to improving awareness among consumers as well as practitioners across developing economies. Increasing need for low cost treatment options in emerging countries can be potentially fulfilled by cost-effective treatment alternatives by NPWT, resulting in growing adoption in developing markets. Fostering popularity of disposable and portable devices owing to their convenience and technological advantages, is likely to drive the consumption of NPWT devices and dressings during the forecast period.

With surging adoption of homecare settings, consumers in developing regions are increasingly realising that despite expensive initial installation price, NPWT offers relatively cheaper and more effective therapy. Persistence Market Research projects significant hike in sales of portable and disposable NPWT devices over the forecast period. Moreover, NPWT with a silver dressing also minimises a patient's hospital stay and allows rapid recovery, which is another benefit presumed to support the market growth in coming years.

Empowering supply chain is foreseen to hold the key to establishment of emerging, high-potential markets. Key companies in the market are currently investing in strategic collaborations and focusing on new product launches so as to strengthen their market presence. A number of companies in the market are introducing technologically sophisticated and highly user-friendly devices, which will further boost the market growth in near future. Moreover, NPWT device manufacturers have been continuously improving their forward integration capabilities in the value chain in order to establish a top notch distributor network. This has also been an important factor fueling the sales of NPWT devices in the past few years.

A few of the key players actively operating the global NPWT devices and dressings market include Acelity (Kinetic Concepts, Inc.), Smith and Nephew PLC., Mölnlycke Health Care, Cardinal Health Inc., Paul Hartmann AG, Medela, Devon Medical Products, and Avery Dennison Corporation. While a majority of them are focusing on driving growth in mature markets so as to maximise growth prospects over the forecast period, others are prioritising strategic collaborations with established research centers and leading manufacturers.

The global market for NPWT devices and dressings has been segmented into:

Product Type

NPWT Devices
Standalone NPWT Devices
Portable NPWT Devices
Disposable NPWT Devices
NPWT Dressing kits
Foam dressing kit
Gauze dressing kit

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Application

Chronic Wounds
Venous leg ulcers
Diabetic foot ulcers
Pressure ulcers
Acute Wounds
Traumatic wounds
Burn cases
Surgical Procedures

By End-user

Hospitals
Clinics
Ambulatory surgical centers
Home care settings

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

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