Negative Pressure Wound Therapy Systems Market to show Robust Growth in Upcoming Years | Companies involved: 3M, Cardinal Health, ConvaTec Group PLC, DeRoyal Industries, Inc., Devon Group, Medela AG, Smith & Nephew PLC, Mölnlycke Health Care AB, Direct H

The Global Negative Pressure Wound Therapy Systems (NPWT) Market was valued at USD 3.19 billion in 2020, growing at a CAGR of 5.03% during the forecast period from 2021 to 2026, in order to reach USD 4.28 billion by 2026.

DelveInsight's "Negative Pressure Wound Therapy Systems Market Insight & Forecast" report will offer an in-depth understanding of the Negative Pressure Wound Therapy Systems market, further benefiting the competitors or stakeholders operating in the Negative Pressure Wound Therapy Systems arena.

Find a sample copy of the Negative Pressure Wound Therapy Systems Market report @ https://www.delveinsight.com/sample-request/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Negative Pressure Wound Therapy Systems Overview

Negative pressure wound therapy (NPWT), also known as vacuum-assisted wound closure is a wound dressing system that provides continuous or intermittent subatmospheric pressure to the system which further provides positive pressure to the surface of a wound. NPWT devices are used to treat acute and chronic wounds. These devices are categorized as FDA Class II devices that consist of a vacuum pump, drainage tubing, and wound dressing set requiring electricity to maintain its use. The devices are also used to remove fluids such as wound exudate, irrigation fluids, bodily fluids, or infectious materials.

Read more about the operations & working of Negative Pressure Wound Therapy Systems @ https://www.delveinsight.com/report-store/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Negative Pressure Wound Therapy Systems Market Drivers

The major drivers of the global Negative Pressure Wound Therapy Systems market are the rising incidence of chronic wounds associated with various chronic disorders such as diabetes, ulcers, obesity and also with the rising incidence of active wounds comprising burns, surgical wounds, among others, increase in the aging population, increasing awareness of proper wound care management, rising funding for wound care research, and technological advancements in wound care product offerings.

Negative Pressure Wound Therapy Systems Market Dynamics

The expanding utilization of Negative Pressure Wound Therapy Systems (NPWT) contributes significantly to the burgeoning NPWT market. One of the primary drivers behind this growth is the escalating occurrence of chronic and acute wounds linked to diverse ailments. Chronic wounds, classified into pressure ulcers, diabetic ulcers, venous ulcers, and arterial insufficiency ulcers by the Wound Healing Society, profoundly impact patients' health and quality of life. These wounds lead to pain, reduced function and mobility, depression, anxiety, social isolation, financial strain, prolonged hospitalization, chronic diseases, and sometimes even mortality. Effective treatment of chronic wounds necessitates the use of Negative Pressure Wound Therapy Systems, thereby fueling the anticipated expansion of the Global Negative Pressure Wound Therapy Systems market.

Additionally, the increasing demand for Negative Pressure Wound Therapy Systems stems from the burgeoning elderly population. As per the United Nations World Population Ageing 2020 Highlights, the global population aged 65 and above stood at approximately 727 million in 2020 and is projected to surpass 1.5 billion in the next thirty years. The elderly are more susceptible to various chronic conditions, contributing to a higher prevalence of chronic wounds. Consequently, the aging demographic is anticipated to drive the demand for the Global Negative Pressure Wound Therapy Systems Market.

Nonetheless, certain factors might impede the growth of Negative Pressure Wound Therapy Systems in the market. These include the high cost of these devices and the persistent risk of infections associated with reusable Negative Pressure Wound Therapy Systems.

Interested in knowing how the Orthotic Devices Market will be growing by 2026? Click to get a snapshot: https://www.delveinsight.com/report-store/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Negative Pressure Wound Therapy Systems Market Insights

North America is poised to lead the Negative Pressure Wound Therapy Systems market among all global regions. This dominance is primarily ascribed to several factors. Firstly, there is a noticeable increase in chronic conditions leading to chronic, surgical, and traumatic wounds, alongside a rising incidence of burn injuries in the region. The American Burn Association's 2019 National Burn Repository highlights flame burns as the most prevalent injuries in the US, followed by scalds, contact injuries, electrical burns, chemical burns, and others.

Furthermore, the escalating cases of diabetic foot ulcers among diabetic patients are anticipated to contribute significantly to the market's expansion in North America. Statistics from the National Diabetes Statistics Report 2021 indicate that around 34.2 million people in the US have diabetes, constituting 10.5% of the population. These critical health conditions pose an increased risk of developing chronic wounds, consequently boosting the demand for Negative Pressure Wound Therapy Systems.

Moreover, the region's heightened expenditure on surgical and chronic wound treatments, coupled with ongoing technological advancements, further propels the market growth. The increasing number of surgical procedures performed in North America also emerges as a key factor augmenting the demand for Negative Pressure Wound Therapy Systems.

To know more about why North America is the leader in market growth for the Orthotic Devices market, get a snapshot of the report: https://www.delveinsight.com/report-store/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Negative Pressure Wound Therapy Systems Market Segmentation

1. Negative Pressure Wound Therapy Systems By Product Type: Conventional NPWT Devices, Single-Use NPWT Devices
2. Negative Pressure Wound Therapy Systems By Wound Type: Pressure Ulcers, Diabetic Ulcers, Venous Ulcers, Others
3. Negative Pressure Wound Therapy Systems By End-User: (Hospitals, Specialty Clinics, And Others

Negative Pressure Wound Therapy Systems Companies

Some of the key Negative Pressure Wound Therapy Systems companies operating in the Negative Pressure Wound Therapy Systems market include 3M, Cardinal Health, ConvaTec Group PLC, DeRoyal Industries, Inc., Devon Group, Medela AG, Smith & Nephew PLC, Mölnlycke Health Care AB, Direct Healthcare Group, Accel-Heal Technologies Ltd., B. Braun Melsungen AG, Lohmann & Rauscher, Cenefom Corp., PAUL HARTMANN Asia-Pacific Ltd., Carilex Medical, Chongqing Sunshine Medical Industry and Trading Co., Ltd., Foryou Medical Electronics Co., Ltd., OncoVista Innovative Therapies, Genadyne, Cork Medical, LLC, and others.

To understand key companies related to the Negative Pressure Wound Therapy Systems Market, get a snapshot of the Negative Pressure Wound Therapy Systems Market report, visit: https://www.delveinsight.com/report-store/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

Table of Contents
1. Negative Pressure Wound Therapy Systems Market Report Introduction
2. Negative Pressure Wound Therapy Systems Market Executive Summary
3. Regulatory and Patent Analysis
4. Negative Pressure Wound Therapy Systems Market Key Factors Analysis
5. Negative Pressure Wound Therapy Systems Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Negative Pressure Wound Therapy Systems Market
7. Negative Pressure Wound Therapy Systems Market Layout
8. Negative Pressure Wound Therapy Systems Market Global Company Share Analysis - Key 3-5 Companies
9. Negative Pressure Wound Therapy Systems Market Company and Product Profiles
10. KOL Views
11. Project Approach
12. About DelveInsight
13. Disclaimer & Contact Us

Request the TOC of the Negative Pressure Wound Therapy Systems Market report here https://www.delveinsight.com/sample-request/negative-pressure-wound-therapy-systems-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Trending Reports By DelveInsight:

Functional Constipation Market
https://www.delveinsight.com/report-store/chronic-constipation-market

Lebers Hereditary Optic Neuropathy Lhon Market https://www.delveinsight.com/report-store/lebers-hereditary-optic-neuropathy-lhon-market

Gastric Neuroendocrine Tumors Market
https://www.delveinsight.com/report-store/gastric-neuroendocrine-tumors-market

Immune Thrombocytopenic Purpura Market
https://www.delveinsight.com/report-store/immune-thrombocytopenia-itp-market

Visceral Pain Associated With GI Disorders Market
https://www.delveinsight.com/report-store/visceral-pain-associated-with-gi-disorders-market

Bullous Pemphigoid Market
https://www.delveinsight.com/report-store/bullous-pemphigoid-market

Cyclin-dependent Kinase-like 5 Deficiency Disorder Market https://www.delveinsight.com/infographics/cyclin-dependent-kinase-like-5-cdkl5-deficiency-disorder-market

Myocarditis Market
https://www.delveinsight.com/report-store/myocarditis-market

Recurrent Blood Clots Market
https://www.delveinsight.com/report-store/recurrent-blood-clots-thrombophilia-market

Zollinger-ellison Syndrome Market
https://www.delveinsight.com/report-store/zollinger-ellison-syndrome-market

Age-related Hearing Loss Medical Device Market
https://www.delveinsight.com/blog/age-related-hearing-loss-device-market

Heart Sounds Sensors Market
https://www.delveinsight.com/report-store/heart-sounds-sensors-electronic-stethoscope-market

Hypoplastic Left Heart Syndrome Hlhs Market
https://www.delveinsight.com/report-store/hypoplastic-left-heart-syndrome-market

Infectious Arthritis/Septic Arthritis Market
https://www.delveinsight.com/report-store/infectious-arthritisseptic-arthritis-market

Plasmacytoma Market
https://www.delveinsight.com/report-store/plasmacytoma-market

Agoraphobia Market
https://www.delveinsight.com/report-store/agoraphobia-market

Clinically Isolated Syndrome CIS Market
https://www.delveinsight.com/report-store/clinically-isolated-syndrome-cis-market

Fucosidosis Market
https://www.delveinsight.com/report-store/fucosidosis-market

Major Depressive Disorder Market
https://www.delveinsight.com/report-store/major-depressive-disorder-market

Neuronal Ceroid-lipofuscinoses Market
https://www.delveinsight.com/report-store/neuronal-ceroid-lipofuscinoses-cln1-disease-market

Orthotic Devices Market
https://www.delveinsight.com/report-store/orthotic-devices-market

Contact Us
Kritika Rehani
info@delveinsight.com
+91-9650213330
www.delveinsight.com

DelveInsight is a leading Life Science market research and business consulting company recognized for its off-the-shelf syndicated market research reports and customized solutions to firms in the healthcare sector.

This release was published on openPR.