Press release
Booming Demand in the Negative Pressure Wound Therapy Market Will Drive an Exponential Increase CAGR
The global negative pressure wound therapy devices industry was estimated at $2.14 billion in 2020, and is expected to hit $3.34 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027.
CAGR: 5.7%
Current Market Size: USD 2.14 Billion
Forecast Growing Region: APAC
Largest Market: North America
Projection Time: 2020 - 2027
Base Year: 2019
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/434
Rapidly aging population, increase in incidences of chronic conditions, technological advancements in NPWT devices to deal with complex wounds, and surge in awareness to reduce healthcare costs drive the growth of the global negative pressure wound therapy devices market. On the other hand, complications related to NPWT impede the growth to some extent. However, increased focus toward advanced treatment protocols and significant unmet needs in wound care are expected to create multiple opportunities in the industry.
COVID-19 scenario:
The growing prevalence of chronic diseases such as diabetes & obesity and increase use of single-use devices would boost the demand for negative pressure wound therapy devices.
Restriction on manufacturing pharmaceutical ingredients and medical devices would hamper the market.
The chronic wounds segment to maintain the lion's share-
Based on wound type, the chronic wounds segment accounted for nearly two-thirds of the global negative pressure wound therapy devices market revenue in 2019, and is projected to retain its dominance during the study period. The same segment is also anticipated to register the fastest CAGR of 6.1% from 2020 to 2027, owing to surge in prevalence of medical conditions that lead to chronic wounds.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/434
Key players in the industry-
ATMOS MedizinTechnik GmbH & Co. KG
Talley group Ltd.
Cardinal Health.
Smith & Nephew Plc.
DeRoyal Industries, Inc.
Devon International Group,
3M (Acelity L.P. Inc.,)
Investor AB (Mölnlycke Health Care AB)
ConvaTec Group Plc.
Olle Larsson Holding AG (Medela AG)
Similar Reports:
Advanced Wound Care Market: Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/advanced-wound-care-market
Oxygen Concentrators Market Global Opportunity Analysis and Industry Forecast 2021-2030
https://www.alliedmarketresearch.com/medical-oxygen-concentrators-market-A10874
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Booming Demand in the Negative Pressure Wound Therapy Market Will Drive an Exponential Increase CAGR here
News-ID: 2902174 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Wound
Enzymatic Wound Debridement Market: Transforming Wound Care with Precision
Wound care plays a critical role in the healthcare industry, ensuring the proper treatment and healing of injuries, ulcers, and chronic wounds. Among various wound care techniques, enzymatic wound debridement has gained significant attention due to its precision and effectiveness in removing necrotic tissue while preserving healthy tissue. This method offers a less invasive alternative compared to surgical procedures and has become an integral part of modern wound management.
Introduction
Enzymatic wound…
Negative Pressure Wound Therapy Market: Accelerating Wound Healing Innovations
In recent years, the global Negative Pressure Wound Therapy Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Negative Pressure Wound Therapy Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot…
Canada Wound Care Management Market Report- Advanced Wound Management, Compressi …
ReportsnReports added a new report on The Canada Wound Care Management Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Wound Care Management Market Industry research report provides granular analysis of the market share, segmentation,…
Wound Dressings Market (Traditional Wound Dressings: Wound Closure Products, Bas …
Global market for wound dressing is anticipated to witness a 4.50% CAGR from 2014 to 2020. In 2013, the market was valued at US$7.5 bn and is likely to touch a valuation of US$10.1 bn by the end of 2020.
Get Report Sample Copy for More Professional and Technical Insights @ https://www.mrrse.com/sample/1379
While traditional wound dressings have been preferred by healthcare practitioners and patients owing to low prices and well-defined reimbursement policies,…
Advanced Wound Care Management Market Report 2018: Segmentation by Product (Mois …
Global Advanced Wound Care Management market research report provides company profile for Smith & Nephew plc, Acelity L.P., Inc., Molnlycke Health Care AB, ConvaTec Inc., B. Braun Melsungen AG, Coloplast A/S, 3M Healthcare, Integra LifeSciences Corporation and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Non-adherent Dressings Market Report 2018: Segmentation by Product (Traditional …
Global Non-adherent Dressings market research report provides company profile for Coloplast A/S, Kinetic Concepts, Inc., B. Braun Melsungen AG, Smith & Nephew plc, 3M Health Care, Molnlycke Health Care, Derma Sciences, Inc., Medline Industries, Inc., PAUL HARTMANN AG, ConvaTec, Inc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms…
