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Global Negative Pressure Wound Therapy (NPWT) Devices Market Size By Product (Single-Use NPWT Devices, Conventional NPWT Devices), By Application (Hospitals & Clinics, Ambulatory Surgery Centres (ASCs)), By Geographic Scope And Forecast

02-24-2023 05:24 PM CET | Health & Medicine

Press release from: Analytics Market Research

Global Negative Pressure Wound Therapy (NPWT) Devices Market

Global Negative Pressure Wound Therapy (NPWT) Devices Market

Negative Pressure Wound Therapy (NPWT) Devices Market Size And Forecast
Negative Pressure Wound Therapy (NPWT) Devices Market size was valued at USD 2.15 Billion in 2021 and is projected to reach USD 3.45 Billion by 2030, growing at a CAGR of 5.5% from 2023 to 2032.
A high rate of caesarean sections in elderly mothers, which results in an increase in post-operative use of NPWT devices, as well as other factors, are anticipated to drive market growth over the forecast period. These factors include the rising prevalence of diabetes, rising expenditure on chronic and surgical wounds, government initiatives to prevent SSIs, and the rising cost of chronic and surgical wounds. The market is comprehensively evaluated in the study on the global market for negative pressure wound therapy (NPWT) devices. The report provides a thorough analysis of the market's major segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Negative Pressure Wound Therapy (NPWT) Devices Market Definition
Medical devices that use negative pressure to heal wounds are known as negative pressure wound therapy devices. These are their classifications: A pump that is part of these devices is in charge of applying negative pressure to a laceration. Negative Pressure Wound Therapy is a method of treating a wound that continuously or sporadically applies negative pressure to the wound's surface (NPWT). A different name for negative pressure wound treatment is vacuum-assisted closure. Commercially accessible conventional and single-use NPWT systems are used depending on factors like the size and location of the wound, the patient's general health, and nutritional status, among others.

Standard procedure dictates that NPWT dressings should be changed every 48 hours; however, based on how severe the wound is, the time between changes may be extended to 2-6 weeks. The device also has canisters, which are used to store and gather exudate material from a wound. Exudate collection helps treat wounds by promoting faster wound repair and limiting the spread of any potential infections. On the other side, single-use NPWT devices don't need canisters.

With the help of specially designed wound dressings that are applied to the wound throughout the course of the treatment, negative pressure wound therapy devices work by instantly evaporating exudate. Additionally, these tools are used to address a number of different wound types, including both acute and chronic wounds. Incisions, burns, and trauma wounds are other examples of the persistent wounds that can develop. On the other hand, acute lesions can be anything from venous leg ulcers to diabetic foot ulcers. These tools are used in a range of medical facilities, such as ambulatory surgical centres, hospitals, and clinics.

Global Negative Pressure Wound Therapy (NPWT) Devices Market Overview
One of the main factors driving market growth is the rise in the prevalence of chronic diseases like diabetes mellitus and obesity. The market for Negative Pressure Wound Therapy (NPWT) devices is expanding as more patients are becoming aware of the availability of affordable NPWT devices like single-use devices and as accidents and traumas result in more fatalities. A significant factor in the development of the Negative Pressure Wound Therapy (NPWT) Devices Market is the availability of improved and innovative negative pressure wound therapy devices that are user-friendly for patients.

Globally, the prevalence of chronic illnesses like diabetes is increasing, which is generating a sizable patient pool affected by diabetic foot ulcers, a leading cause of amputation. Additionally, the ageing population is becoming less mobile as a result of the expanding geriatric population, which is affected by a variety of diseases and maladies. In terms of negative pressure wound treatment (NPWT) devices, it is one of the most important industry trends. These changes are anticipated to increase the need for its treatment, which will increase the use of vacuum-aided closure devices over the course of the projection period.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Negative Pressure Wound Therapy (NPWT) Devices manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Negative Pressure Wound Therapy (NPWT) Devices market covering all its essential aspects.

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Global Negative Pressure Wound Therapy (NPWT) Devices Market: Segmentations

Global Negative Pressure Wound Therapy (NPWT) Devices Market: By Key Players
Acelity
Smith&Nephew
ConvaTec
MölnlyckeHealthCare
Coloplast
Cardinal Health
Medela
Paul Hartmann
Lohmann&Rauscher
Atmos
Innovative Therapies
Invacare
Prospera
Medline
Carilex Medical
4L Health
Talley

Global Negative Pressure Wound Therapy (NPWT) Devices Market: By Types
Standalone NPWT Devices
Single use Disposable NPWT Devices
Portable NPWT Devices
NPWT Accessories (Canister)

Global Negative Pressure Wound Therapy (NPWT) Devices Market: By Applications
Hospitals & Clinics
Ambulatory Surgery Centers (ASCs)
Home Care

Global Negative Pressure Wound Therapy (NPWT) Devices Market: Regional Analysis
The countries covered in the regional analysis of the Global Negative Pressure Wound Therapy (NPWT) Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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